MM
Seller's Agent in 2025
Matthew C. MacMillan
Live Water Properties LLC
(307) 413-3582
48 Total Sales
640 Clearwater Ln Thayne, WY 83127
Estimated Value: $15,950,000
12
Beds
5
Baths
6,790
Sq Ft
$2,349/Sq Ft
Est. Value
Highlights
- Barn or Stable
- Fishing
- 220 Acre Lot
- Thayne Elementary School Rated 9+
- River Front
- Cathedral Ceiling
About This Home
As of December 2025Nestled 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. 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.
Last Agent to Sell the Property
Live Water Properties LLC License #3626 Listed on: 09/26/2025
Last Buyer's Agent
Agent Non-Member
Non-Member Agency
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,038
Year Built
- Built in 2013
Lot Details
- 220 Acre Lot
- Home fronts a stream
- River Front
- Open Space
- Year Round Access
- Fenced
- Landscaped
- Level Lot
- Zoning described as Resort
Parking
- Driveway
Property Views
- Water
- Mountain
- Valley
Home Design
- Metal Roof
- Cedar Siding
- Stick Built Home
Interior Spaces
- 5 Full Bathrooms
- 6,790 Sq Ft Home
- 2-Story Property
- Wet Bar
- Cathedral Ceiling
- Wood Flooring
Kitchen
- Freezer
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Outdoor Features
- River Access
- Patio
- Outdoor Storage
- Storage Shed
Horse Facilities and Amenities
- Horses Allowed On Property
- Barn or Stable
Utilities
- Forced Air Heating System
- Hydronic Heating System
- Heating System Powered By Owned Propane
- Propane
- Well
- Water Softener
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 3419-032-00-093
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | Sold | -- | -- | -- |
| 10/06/2025 10/06/25 | Pending | -- | -- | -- |
| 09/26/2025 09/26/25 | For Sale | $15,950,000 | -- | $2,349 / Sq Ft |
Source: Teton Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $929 | $96,464 | $4,637 | $91,827 |
| 2025 | $908 | $94,574 | $4,547 | $90,027 |
| 2023 | $908 | $90,903 | $4,371 | $86,532 |
| 2022 | $875 | $89,122 | $4,286 | $84,836 |
| 2021 | $857 | $87,375 | $4,202 | $83,173 |
| 2020 | $844 | $86,479 | $4,159 | $82,320 |
| 2019 | $982 | $84,783 | $4,077 | $80,706 |
| 2018 | $993 | $83,121 | $3,997 | $79,124 |
| 2017 | $974 | $81,492 | $3,919 | $77,573 |
| 2016 | $979 | $79,894 | $3,842 | $76,052 |
| 2015 | $962 | $78,694 | $3,784 | $74,910 |
| 2014 | $952 | $77,153 | $3,710 | $73,443 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew C. MacMillan
-
John Merritt
JM
Seller Co-Listing Agent in 2025
John Merritt
Live Water Properties LLC
(307) 699-1166
1 Total Sale
-
AN
Buyer's Agent in 2025
Agent Non-Member
Non-Member Agency
Map
Source: Teton Board of REALTORS®
MLS Number: 25-2561
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