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    68 Acres Mountain Retreat Title is generated by Realmo AI

    20 Porter Ranch Rd, Laramie, WY 82070

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    Claim this Listing
    For Sale
    $2,100,000

    Farm/Estate, Ranch - Laramie, WY

    Type:Farm
    Property size:
    2,800 SF
    Lot size:
    68.00 Acres
    Price / SF:
    $750/SF
    Added:
    May 1, 2026
    Days on Market:
    23
    Last Refresh:
    May 23 at 3:06 pm

    Property Features for 20 Porter Ranch Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Zoning
    300
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Living Room
    Parking features
    Garage, Garage - Detached
    Interior features
    Walk-in Closet
    Fireplace
    1
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    APN
    12791510000900, 1400, 1500
    Size
    2,800 SF
    Lot size
    68.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2667

    Utilities

    Heating system
    Fireplace(s), Propane (Heating), Radiant, Wood (Heating), Wood Stove
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2019
    Year renovated
    2019
    Floors in Building
    1
    Flooring type
    Hardwood
    Building materials
    Log, Log Siding
    Roof type
    Metal
    Architectural style
    Ranch

    We can help!

    Listing Contact
    James Rinehart

    Listing agent James Rinehart

    Listing office Mason & Morse Ranch Company 2443 S. University Blvd, Denver, WY

    Listing date May 1, 2026

    MLS# 11742035 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 68 private acres bordering Medicine Bow National Forest on 3 sides, offering unparalleled privacy and direct access to vast recreational opportunities.
    • Mile‑long private fishing stream on the property, ideal for trout fishing and peaceful enjoyment.
    • Modern, move‑in‑ready 2,800 sq ft home (built in 2019) with 3 bedrooms and 2 bathrooms, blending luxury with rustic mountain style.
    • State‑of‑the‑art off‑grid solar system providing energy independence, supplemented by a propane generator.
    • Insulated 40 ft x 60 ft shop, perfect for a workshop, equipment storage, or hobbies.
    • Rich history as part of the original Porter Ranch, offering a legacy property with only three owners since homesteading.

    Overview

    This 68-acre mountain retreat is nestled within the Medicine Bow National Forest near Laramie, Wyoming. The property features a private mile-long stretch of fishing stream. The land has lush meadows for grazing and is perimeter fenced. A modern 2,800 sq ft home, completed in 2019, includes 3 bedrooms and 2 baths. Accessory buildings are available for horses, storage, hobbies, or guest use, along with an insulated 40 ft x 60 ft shop. The property offers off-grid living with a solar system and backup propane generator. The residence features an open concept living area with views of untouched wilderness. The property is located 25 miles to Walden, Colorado; 45 miles to Laramie, Wyoming; 5 miles to WyoColo Lodge; 20 miles to Woodslanding, WY; 45 miles to Encampment, WY; and 82 miles to Steamboat Springs, CO. Zoned and taxed Agricultural, this allows a wide variety of additional uses, such as dude ranching or outfitting business for tours, fishing or hunting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Laramie
    County
    Albany
    State
    Wyoming
    Longitude
    -106.25394
    Latitude
    41.0140578

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    FAQs

    What type of property is this?
    Ranch - Remarkable mountain retreat with fishing stream near Laramie, Wyoming.
    Where is this ranch located?
    The property is located at 20 Porter Ranch Rd Laramie, WY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: 68 private acres bordering Medicine Bow National Forest on 3 sides, offering unparalleled privacy and direct access to vast recreational opportunities.; Mile‑long private fishing stream on the property, ideal for trout fishing and peaceful enjoyment.; Modern, move‑in‑ready 2,800 sq ft home (built in 2019) with 3 bedrooms and 2 bathrooms, blending luxury with rustic mountain style.
    (307) 760-3800
    We can help!
    Listing Contact
    James Rinehart
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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