Enjoy country charm and modern comfort in this beautifully updated farmhouse property. Featuring three separate residences, this unique opportunity offers excellent income potential with two homes currently rented long-term and a strong VRBO rental history in the main house.
The property boasts an immaculate yard, irrigation water rights, and fencing for privacy, creating a peaceful and well-maintained setting. Located in the heart of Star Valley, you'll enjoy mountain views, open space, and the flexibility to fit your lifestyle.
Live in the main home while generating income from the other two residences, continue operating the successful vacation rental, or create your own vision for this versatile property. Opportunities like this don't come along often.
Call today for a tour!
For sale
$995,000
1357 Muddy String Rd, Thayne, WY 83127
7beds
3,785sqft
Multi Family, Residential
Built in 1983
-- sqft lot
$636,900 Zestimate®
$263/sqft
$-- HOA
What's special
Beautifully updated farmhouse propertyMountain viewsOpen spaceIrrigation water rightsPeaceful and well-maintained settingImmaculate yardFencing for privacy
- 1 day |
- 50 |
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rusty L. Kunkle 307-883-2178,
Keller Williams Jackson Hole
Source: TBOR,MLS#: 26-1487
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- 3/4 bathrooms: 2
Heating
- Electric
Cooling
- None
Features
- Cathedral Ceiling(s)
- Basement: None
Interior area
- Total structure area: 2,185
- Total interior livable area: 3,785 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Garage spaces: 2
Features
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Canyon, Mountain(s), Scenic
Lot
- Size: 1 Acres
- Features: Year Round Access, ST Rentals Allowed, Level, Landscaped, Sprinkler System
Details
- Additional structures: Guest House
- Parcel number: 34191310002200
- Zoning description: Mixed Use
- Other equipment: Leased
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl Siding, Stick Built On Site
- Roof: Metal
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Leased
Community & HOA
Community
- Subdivision: Thayne
HOA
- Has HOA: No
Location
- Region: Thayne
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $733,126
- Annual tax amount: $2,592
- Date on market: 6/15/2026
- Has irrigation water rights: Yes
- Road surface type: Asphalt
Estimated market value
$636,900
$554,000 - $726,000
$1,813/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $995,000$263/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,593 -22.7% | $41,819 -22.2% |
| 2024 | $3,353 -5.6% | $53,723 -5.6% |
| 2023 | $3,553 +22.6% | $56,911 +22.7% |
| 2022 | $2,898 +37.6% | $46,379 +38.2% |
| 2021 | $2,106 +9.9% | $33,555 +3.2% |
| 2020 | $1,916 | $32,514 |
| 2019 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 83127
Nearby schools
GreatSchools rating
- 9/10Thayne Elementary SchoolGrades: K-3Distance: 1.6 mi
- 7/10Star Valley Middle SchoolGrades: 7-8Distance: 13.1 mi
- 8/10Star Valley High SchoolGrades: 9-12Distance: 13.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Wyoming
- Lincoln County
- Thayne
- 83127
- 1357 Muddy String Rd

