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Thermopolis, WY Multifamily Home for Sale

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    $690,000

    408 Park St, Thermopolis, WY 82443

    An 18 unit motel with short term rentals makes an easy owner/operator lifestyle! This Thermopolis landmark, Rainbow Motel, has a highly visible location on the main highway bordering the most beautiful Hot Springs State Park and within walking distance of the BigHorn River. MANY upgrades and updates have been completed on the 18 unit motel including a new roof and 4 kitchenettes. The clean, well

    Amy Ready Western Land Sales

    408 Park St, Thermopolis, WY 82443

Why Live in Thermopolis

Thermopolis, Wyoming, is a rural town nestled between the Bighorn and Wind River mountain ranges, known for its scenic beauty and outdoor recreation. With a population of approximately 2,700, Thermopolis offers a small-town atmosphere with charming local businesses lining Broadway Street and a herd of bison roaming the surrounding hills. The town is named for its nearby hot springs, which are a major draw for visitors. Hot Springs State Park features mineral hot springs, a bath house, swimming pool, picnic areas, and beach volleyball courts. The Bighorn River provides ample fishing spots and recreation areas, while hiking trails like Round Top Mountain and T Hill Trails offer scenic overlooks. The Wyoming Dinosaur Center is a notable attraction with extensive exhibits and an active dig site. Thermopolis Middle School is highly rated, contributing to the community's appeal for families. Housing options include mid-20th-century split-levels, log cabins, and ranch-style homes, with lot sizes ranging from a quarter of an acre to 2 acres. Local businesses on Broadway Street include coffee shops, boutiques, and eateries like Black Bear Cafe and One Eyed Buffalo Brewing Company. For more extensive shopping, residents can travel about 55 miles south to Riverton via Wyoming Highway 789.

Home Trends in Thermopolis, WY

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$240,000
Average Price Per Sq Ft
$150
Number of Homes for Sale
25
Last 12 months Home Sales
47
Months of Supply
6.40
Median List Price
$240,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
15%
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