$15,950,000
640 CLEARWATER Lane
Thayne, WY 83127
MLS# 25-2561
Status: Closed
5 baths  |  6790 sqft


640 CLEARWATER Lane, Thayne, WY 83127
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Property Description
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 improvements—all 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.

Details
Maps
Listing Information
Non-Public: No
Auction YN: No
Current Price: $15,950,000
Status: Closed
Listing Price: 15950000
Effective Date: 2025-09-25
Property Info
Realtor.com Type: Residential - Single Family
House Style: 2 Story
Acres: 220
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
Year Built: 2013
Main House Baths-Full: 5
Ownership: Single Family
Main House SqFt: 6790
Location, Tax & Legal
Common Name: Cakebread Ranch
Zoning: Resort
Association Fee Frequency: Annually
Ann. HOA Fee $: 0
Taxes: 37038.34
Tax Year: 2025
Legal Description: TBD based on survey being performed
Number: 640
Street: CLEARWATER
Street Suffix: Lane
County: Lincoln
State: WY
Zip Code: 83127
Area: 11B - Central Star Valley, Lincoln County
Subdivision: None
Remarks & Directions
Possession: At Closing
Compensation and Showing Info
Agent Owned: N
Status Change Information
Seller Concessions: No
Under Cont. Date: 2025-10-06
Sold Date: 2025-12-04
Water
Well: 1
Sewer
Septic (existing): 1
Basement
None: 1
Construction
Stick Built On Site: 1
Exterior
Cedar: 1
Furnished
Unfurnished: 1
Ground Flr Primary Bdrm
Ground Flr Primary Bdrm: No
Amenities
Barn/Stable: 1
Cathedral Ceiling(s): 1
Fenced: 1
Hardwood Floors: 1
Landscaped: 1
Multi-Media Wiring: 1
Patio: 1
Storage: 1
Wet Bar: 1
Property Features
Adjacent Open Space: 1
Cable to Property: 1
Creek Frontage: 1
Fishing: 1
Flat: 1
Not in Subdivision: 1
River Access: 1
River Frontage: 1
Stream: 1
Year Round Access: 1
Hardwood Floors
Pine: 1
Roof
Metal: 1
Fuel Type
Combo: 1
Electric: 1
Propane: 1
Wood: 1
Propane Tank
Owned: 1
Heat
Forced Air: 1
Hydronic in-floor: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Freezer: 1
Refrigerator: 1
Washer: 1
Water Softener
Included: 1
Driveway
Asphalt: 1
View
Mountain View: 1
Valley: 1
Water: 1
Wyoming Range Views: 1
Marketing Name
MarketName1: Cakebread Ranch
Lifestyle
Cattle Ranch: 1
Country Living: 1
Equestrian/Polo: 1
Fishing: 1
Fly-In Community: 1
Guest Ranch: 1
Lakefront/Riverfront: 1
Mountain: 1
Outdoor Recreation: 1
Ranch/Farm: 1
Recreational Ranch: 1
Sporting Ranch: 1
Property Features
Water: Well
Sewer: Septic (existing)
Basement: None
Construction: Stick Built On Site
Exterior: Cedar
Furnished: Unfurnished
Amenities: Barn/Stable; Cathedral Ceiling(s); Fenced; Hardwood Floors; Landscaped; Multi-Media Wiring; Patio; Storage; Wet Bar
Property Features: Adjacent Open Space; Cable to Property; Creek Frontage; Fishing; Flat; Not in Subdivision; River Access; River Frontage; Stream; Year Round Access
Hardwood Floors: Pine
Roof: Metal
Fuel Type: Combo; Electric; Propane; Wood
Propane Tank: Owned
Heat: Forced Air; Hydronic in-floor
Appliances: Dishwasher; Disposal; Dryer; Freezer; Refrigerator; Washer
Water Softener: Included
Driveway: Asphalt
View: Mountain View; Valley; Water; Wyoming Range Views
Lifestyle: Cattle Ranch; Country Living; Equestrian/Polo; Fishing; Fly-In Community; Guest Ranch; Lakefront/Riverfront; Mountain; Outdoor Recreation; Ranch/Farm; Recreational Ranch; Sporting Ranch
Supplements
Well improved, the Ranch includes a custom-built lodge, a reconstructed historic cabin functioning as a fly shop, a metal shop building with a cozy 2-bedroom, 1-bathroom apartment, and a hay storage structure. In addition to these buildings, the highlight of the Ranch is the extensive garden, complete with a greenhouse, processing cabin, and rows of structurally sound raised beds.

Listing Office: Live Water Properties LLC

Listing Agent: Matthew C. MacMillan

Last Updated: December - 06 - 2025

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