Nestled along the banks of Wyoming's famed Salt River, Cakebread Ranch is a ±220-acre retreat offering unmatched fly fishing, abundant wildlife, and refined yet versatile improvementsâall approximately an hour from Jackson Hole. With two miles of river frontage and a spring-fed side channel, the property delivers world-class angling in a setting of privacy and natural beauty. A charming lodge, historic fly shop, extensive gardens, and well-kept grounds provide immediate enjoyment while leaving ample opportunity for a new owner's vision, whether a private sporting retreat or an exclusive club concept. Combining proximity to Jackson, Wyoming's favorable tax benefits, and a name synonymous with sophistication, Cakebread Ranch is a truly distinctive offering in the heart of Star Valley.
Property Details
Lot Size Area: 220
Lot Size Units: Acres
Property Class: Residential
Property Sub Type: Single Family
Water Front: 1
Acres: 220
Zoning: Resort
Property Features: Adjacent Open Space, Cable to Property, Creek Frontage, Fishing, Flat, Not in Subdivision, River Access, River Frontage, Stream, Year Round Access,
View: Mountain View, Valley, Water, Wyoming Range Views,
Building Features
Above Grade Finished Area: 990
Baths Full: 5
Baths Half: 0
Baths Three Quarter: 0
Baths Total: 5
Beds Total: 0
Below Grade Finished Area: 0
Building Area Total: 6790
Garage Spaces: 0
Living Area: 6790
Rooms Total: 0
Total Bathrooms Source: Computed
Year Built: 2013
Listing Information: Non-Public: No Auction YN: No
House Style: 2 Story
Main House Total Bedrooms: 0
Main House Total Baths: 5
Main House 2nd Flr & Above SqFt: 990
Main House-Main Level SqFt: 5800
Main House Garage Type: None
Main House # Stalls: 0
Main House-BG SqFt Finished: 0
Horses Allowed: Yes
Guest House Bedrooms: 0
Guest House Baths: 0
Guest House Garage SqFt: 0
Guest House SqFt: 0
Overall Total Bedrooms: 0
Overall Total Baths: 5
Overall Garage SqFt: 0
Overall Livable SqFt: 6790
List Price Per SqFt: 2349.04
Location, Legal & Taxes: Common Name: Cakebread Ranch Association Fee Frequency: Annually
Water: Well
Sewer: Septic (existing)
Basement: None
Construction: Stick Built On Site
Exterior: Cedar
Furnished: Unfurnished
Ground Flr Primary Bdrm: Ground Flr Primary Bdrm: No
Hardwood Floors: Pine: 1
Roof: Metal: 1
Fuel Type: Combo: 1 Electric: 1 Propane: 1 Wood: 1
Propane Tank: Owned: 1
Heat: Forced Air Hydronic in-floor
Appliances: Dishwasher, Disposal, Dryer, Freezer, Refrigerator, Washer,
Water Softener: Included: 1
Driveway: Asphalt: 1
Pricing
List Price: $15,950,000.00
Major Change Timestamp: 2025-09-26T23:19:18Z
Major Change Type: New Listing
Mls Status: Active
Modification Timestamp: 2025-09-26T23:28:36Z
On Market Date: 2025-09-26T23:19:18Z
Original On Market Timestamp: 2025-09-26T23:19:18Z
Amenities
Building Features: Barn/Stable, Cathedral Ceiling(s), Fenced, Hardwood Floors, Landscaped, Multi-Media Wiring, Patio, Storage, Wet Bar,
Expenses
Association Fee: 0
Tax Amount: 37038.34
Tax Year: 2025
Ann. HOA Fee $: 0
Taxes: 37038.34
Possession: At Closing
Agent Owned: N
Location
City: Thayne
County Or Parish: Lincoln
MLS Area Major: 11B - Central Star Valley, Lincoln County
Parcel Number: 3419-032-00-093
Subdivision Name: None
Address: 640 CLEARWATER Lane, Thayne, WY 83127
Legal Description: TBD based on survey being performed
Lifestyle: Cattle Ranch, Country Living, Equestrian/Polo, Fishing, Fly-In Community, Guest Ranch, Lakefront/Riverfront, Mountain, Outdoor Recreation, Ranch/Farm, Recreational Ranch, Sporting Ranch,
Listing Office: Live Water Properties LLC
