50-Acre Property with Three
407 Diamond Basin Rd, Cody, WY 82414
- Added:
- Jan 23, 2026
- Days on Market:
- 112
- Last Refresh:
- May 15 at 10:06 am
Property Features for 407 Diamond Basin Rd
General Information
- Property type
- Residential Multi Family
- Interior features
- Breakfast Bar, Ceiling Fan(s), Garage Door Opener, Handicap Access, Mud Room, Pantry, Walk-in Closet(s)
- Exterior features
- Acreage Fenced, Dirt Ditches, Hand Line, Horse Property, Irrigated, Natural Gas to Property, Outbuilding(s), Production Ground, Rain Gutter, RV/Boat/Trailer Parking, Private Entrance
- Fencing
- Fenced, Gate
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- Lot size
- 50.89 Acres
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- None (Cooling)
Building Details
- Year built
- 2018
- Number of units
- 3
- Flooring type
- Carpet, Laminate, Linoleum
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Nathan Gesner (307) 587-9608
Listing office American West Realty & Management 1527 Rumsey Ave, Cody, WY (307) 587-9608
Listing date Jan 23, 2026
MLS# 10031971
Listing URL
Copyright © 2026 Northwest Wyoming Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare 50‑acre property with development potential and multiple build sites offering panoramic mountain views.
- Three residences included: two modern homes (built in 2017) and an original 718 sq ft residence with attached garage.
- 22 irrigated acres with existing pumps and watering infrastructure, suitable for horses, livestock, or farming.
- Located one hour from Yellowstone National Park and minutes from Cody, WY.
- Income potential through rentals, hobby farming, or future residential development.
- Equipped with modern amenities including updated appliances, mud room, walk‑in closets, and handicap access.
Overview
This 50.89-acre property features three residences and multiple potential building sites. Two modern homes, constructed in 2017, each include a primary suite with a full bathroom and walk-in closet, three additional bedrooms, a second full bath, and a laundry/mud room. These single-level homes feature efficient layouts and contemporary finishes. There is ample space to add garages or other outbuildings. The original residence provides 718 square feet of living space and an attached two-car garage, suitable for a guest house, caretaker's residence, or rental unit. The land offers multiple building sites with panoramic mountain views. With 22 irrigated acres, pumps, and watering infrastructure, the property is suited for horses, livestock, hobby farming, or future residential development. The soil is productive, and the terrain is usable, allowing for significant subdivision or expansion potential, subject to local approvals. Located near Cody and approximately one hour from Yellowstone National Park, this property offers privacy, income potential, and future upside. It is ideal for a multi-dwelling compound, rental portfolio, ranch estate, or future development project.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ranches
Location Insight
- Map
- Local Demand
- City
- Cody
- County
- Park
- State
- Wyoming
- Longitude
- -109.166233
- Latitude
- 44.428343
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Unique property with development potential near Yellowstone National Park.
Where is this multifamily property located?
The property is located at 407 Diamond Basin Rd Cody, WY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Rare 50‑acre property with development potential and multiple build sites offering panoramic mountain views.; Three residences included: two modern homes (built in 2017) and an original 718 sq ft residence with attached garage.; **22 irrigated acres** with existing pumps and watering infrastructure, suitable for horses, livestock, or farming.
