3809 Grass Creek Rd, Thermopolis, WY 82443

Legacy ranch estate with senior water rights, proven operations, and exceptional flexibility for agriculture, homestead living, and retreat use. This extraordinary offering consists of two contiguous parcels totaling approximately 730 acres (195.1 acres and 557.02 acres), supported by adjudicated irrigation water rights dating to 1916. The land includes highly productive irrigated pastures, a year-round creek, two domestic wells, and expansive views that provide both privacy and enduring value. The ranch is fully improved for livestock production with corrals, cattle squeeze, calf table, barns, utility buildings, and a grain silo. Under current regenerative management, the property supports approximately 120 cow-calf pairs. A lease-back option is available for buyers who do not wish to operate cattle, allowing continued agricultural use and income while preserving the land. The residential improvements blend historic character with modern comfort and include two primary homes and four cabins. The 1921 main log home (2 bedrooms plus basement, 2 baths) features updated kitchen appliances and an open dining area with exceptional long-range views. Designed for gathering and everyday living, it offers both pellet stove heat and full in-home heating. The 1941 guest log home (3 bedrooms, 1 bath) was completely remodeled in recent years and is fully furnished and tastefully decorated. Ideal for guests or on-site management, it includes pellet stove heat and a full in-home heating system. The crown jewel is an original 1897 single-room log homestead cabin, fully and respectfully restored. With preserved wood floors and authentic details, it offers a rare and irreplaceable connection to the property's history and serves as a quiet retreat or private lodging space. Complementing the homestead are three fully furnished summer cabins, ideal for seasonal use, guests, or retreat accommodations. Together, these structures elevate the ranch beyond an agricultural operation into a place of heritage, story, and experience. The property is well suited for events and hospitality, featuring RV hookups, dedicated guest bathrooms with showers, and thoughtfully designed infrastructure that supports gatherings without disrupting private living areas. At the heart of the hospitality component is the Grass Creek Supper Club, an intimate destination restaurant offering candlelit dinners every Saturday night. With five tables, consistent full reservations, trained staff, a stainless-steel commercial kitchen, established procedures, and all licenses and operating permits" including a liquor license" the operation is fully turnkey. The ranch is supported by a complete archive of water rights studies, surveys, maps, and historical records, all conveyed with the sale. Comprehensive grazing plans and written training manuals are in place, and the seller is prepared to provide transition support, management oversight, and knowledge transfer. Beyond its physical improvements, the ranch offers a rare degree of operational continuity and optionality. Infrastructure, land use, and hospitality elements have been intentionally developed to function independently or in combination, allowing an owner to scale agricultural production, retreat programming, or destination dining without structural changes. This flexibility supports a wide range of ownership objectives" from private stewardship to income-generating use" while maintaining the integrity, privacy, and historic character that define the property. The result is a cohesive estate capable of evolving over time without compromise.