For sale

Price cut: $100K (8/4)

$895,000

1357 Muddy String Rd, Thayne, WY 83127

7beds

3,785sqft

$5,390/mo

Get pre-qualified

Multi Family, Residential

Built in 1983

-- sqft lot

$849,400 Zestimate^®

$236/sqft

$-- HOA

What's special

Beautifully updated farmhouse propertyMountain viewsOpen spaceIrrigation water rightsPeaceful and well-maintained settingImmaculate yardFencing for privacy

Enjoy country charm and modern comfort in this beautifully updated farmhouse property. Featuring three separate residences, this unique opportunity offers excellent income potential with two homes currently rented long-term and a strong VRBO rental history in the main house. The property boasts an immaculate yard, irrigation water rights, and fencing for privacy, creating a peaceful and well-maintained setting. Located in the heart of Star Valley, you'll enjoy mountain views, open space, and the flexibility to fit your lifestyle. Live in the main home while generating income from the other two residences, continue operating the successful vacation rental, or create your own vision for this versatile property. Opportunities like this don't come along often. Call today for a tour!

81 days
152
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
3/4 bathrooms: 2

Heating

Electric

Cooling

None

Features

Cathedral Ceiling(s)
Basement: None

Interior area

Total structure area: 2,185
Total interior livable area: 3,785 sqft
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Concrete
Garage spaces: 2

Features

Patio & porch: Patio
Fencing: Fenced
Has view: Yes
View description: Canyon, Mountain(s), Scenic

Lot

Size: 1 Acres
Features: Year Round Access, ST Rentals Allowed, Level, Landscaped, Sprinkler System

Details

Additional structures: Guest House
Parcel number: 34191310002200
Zoning description: Mixed Use
Other equipment: Leased

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Residential

Materials

Vinyl Siding, Stick Built On Site
Roof: Metal

Condition

Year built: 1983

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Leased

Community & HOA

Community

Subdivision: Thayne

HOA

Has HOA: No

Location

Region: Thayne

Financial & listing details

Price per square foot: $236/sqft
Tax assessed value: $687,415
Annual tax amount: $2,592
Date on market: 6/15/2026
Has irrigation water rights: Yes
Road surface type: Asphalt

Estimated market value

$849,400

$807,000 - $892,000

$1,757/mo

Price history

Date	Event	Price
8/4/2026	Price change	$895,000-10.1%$236/sqft
Source: TBOR #26-1487 Report a problem
6/15/2026	Listed for sale	$995,000$263/sqft
Source: TBOR #26-1487 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$57,874 +38.4%
2025	$2,593 -22.7%	$41,819 -22.2%
2024	$3,353 -5.6%	$53,723 -5.6%
2023	$3,553 +22.6%	$56,911 +22.7%
2022	$2,898 +37.6%	$46,379 +38.2%
2021	$2,106 +9.9%	$33,555 +3.2%
2020	$1,916	$32,514
2019	--	--