107 Main St Elk Mountain, WY 82324
Estimated payment $3,680/month
Highlights
- Hot Property
- River Front
- Cabin
About This Home
Discover a unique opportunity to own Elk Mountain Cabins, a cherished home and vacation rental business situated in the charming town of Elk Mountain, Wyoming. This property features 6 charming cabins with a total of 8 bedrooms, including 5 well-appointed rental cabins that draw a loyal customer base and 1 private cabin for the owner's residence. Many mature trees such as cottonwoods and aspen provide needed shade on the 1.35 deeded acres. A highlight of the property is its beautifully maintained garden area, a tranquil haven where guests can relax amidst vibrant flowers and lush greenery. The backyard comes equipped with raised garden beds that have proven productive year after year. The property has extra space for small social gatherings and wildlife viewing. The five rental cabins, known for their rustic appeal and modern amenities, attract visitors year after year, thanks to a dedicated clientele who rave about the serene surroundings and owner's hospitality. The owner's cabin offers convenient on-site living, allowing seamless management of the business. Each private cabin is designed to provide comfort with features like fully equipped kitchens, Wi-Fi, and private bathrooms. There is on site-laundry as well. This turnkey operation is perfect for an investor or owner-operator seeking a potentially profitable venture and peaceful lifestyle in a stunning natural setting. Located in the heart of Elk Mountain, the cabins are surrounded by endless recreational opportunities. 13 miles from the secluded northern edge of the Medicine Bow National Forest, you're a hop, skip, and a jump away from fantastic elk hunting, hiking, fishing, and birdwatching. The Medicine Bow River, flowing by the property, is a beautiful spot for trout fishing, while winter brings cross-country skiing and snowshoeing in the Snowy Range Mountains. The area's abundant wildlife, including elk, deer, antelope, and moose adds to the allure for all. The property is a bird haven, and the seller will miss watching the rainbow of birds that visit including the Evening Grosbeak, American Goldfinch, Great Horned Owls, Cedar Wax Wings, an abundance of Hummingbirds, and more. The historic town of Elk Mountain, with its small-town charm, has proximity to amenities in Rawlins and Laramie. With its loyal guest following, prime river view location, and access to Wyoming's outdoor playground, Elk Mountain Cabins is a rare gem.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $496
Year Built
- Built in 1910
Lot Details
- 1 Acre Lot
- River Front
Property Views
- Water
- Scenic Vista
- Woods
- Mountain
Home Design
- 4,433 Sq Ft Home
- Cabin
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $496 | $7,451 | $890 | $6,561 |
| 2023 | $497 | $7,468 | $890 | $6,578 |
| 2022 | $448 | $6,744 | $724 | $6,020 |
| 2021 | $448 | $6,312 | $724 | $5,588 |
| 2020 | $437 | $13,140 | $1,448 | $11,692 |
| 2019 | $399 | $6,002 | $724 | $5,278 |
| 2018 | $380 | $5,707 | $724 | $4,983 |
| 2017 | $277 | $4,167 | $698 | $3,469 |
| 2016 | $274 | $4,116 | $698 | $3,418 |
| 2015 | -- | $4,119 | $698 | $3,421 |
| 2014 | -- | $4,081 | $698 | $3,383 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $650,000 | 0.0% | $147 / Sq Ft |
| 05/22/2025 05/22/25 | Off Market | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $650,000 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $87,500 | New Conventional | |
| Closed | $712,000 | Future Advance Clause Open End Mortgage | |
| Closed | $79,000 | New Conventional |
Source: My State MLS
MLS Number: 11493877
APN: R0005725
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