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1248 Hwy 14, Shell, WY, 82441

3beds
2baths
1,904sqft
$1,800,000
$945price/sqft
$11,025/moest. monthly cost
$441,000/yrincome needed

About This Home

Set against a backdrop of sweeping Wyoming mountain views, Red Gulch Arena offers a rare opportunity to own a fully turnkey equestrian property designed for both lifestyle and functionality. Spanning 55 pristine acres, this property delivers the ideal blend of working facility, recreation, and relaxation. The improvements are thoughtfully laid out and ready to go. A new modular home provides modern comfort, while a charming 2-bedroom log cabin offers additional living space. It is perfect for guests, rental income, or a ranch hand. At the heart of the property is a full-sized roping arena, professionally set up and complemented by multiple horse pens equipped with automatic waterers and weather shelters. This equine facility contains everything needed for your personalized setup. A large heated workshop with pull-through garage doors adds serious utility, ideal for equipment, projects, or storage. For the outdoor enthusiast, direct access to nearby public lands opens the door to endless riding, hunting, and recreation right out your back gate, truly a Wyoming playground. Adding to the property’s appeal, a cell tower located on the corner provides consistent residual monthly income, enhancing both investment value and long-term return. Whether you're looking for a ready-to-use horse property, a recreational basecamp, or a Wyoming retreat with income potential, Red Gulch Arena checks every box.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
Greybull Elementary SchoolGrades PK-511.4 mi
5/10
Greybull Middle SchoolGrades 6-811.5 mi
6/10
Greybull High SchoolGrades 9-1211.5 mi

Construction

Condition

  • Year built: 2020

Materials

  • Roof: Shingle
  • Construction materials: Manufactured (Post-1976),Hardboard

Type & Style

  • Home type: MobileManufactured
  • Property subType: Single Family Residence,Residential,Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • None
  • Flooring: Laminate
  • Fireplace features: None
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,904

Heating & Cooling

  • Heating features: Propane,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,904
  • Total interior livable area: 1,904 sqft

Property

Details

  • Zoning description: Big Horn County Residential

Features

  • Levels: One
  • Patio & porch: Porch
  • Exterior features: Adj to BLM,Adj to Public Land
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s)
  • On waterfront: Yes
  • Waterfront features: Creek,River Front

Lot

  • Lot size: 55 Acres
  • Features: Rolling Slope,Landscaped

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Landslide
Lightning
Winter Weather
Earthquake
Hail
Wildfire

FEMA Declared Disasters in Big Horn County and Wyoming

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance $1,110$13,320
Property Taxes $660$7,920
Electricity $154$1,858
Total$11,025$132,300

Income You'd Need if You Spent...

35% on housing$378,000/yr
40% on housing$330,750/yr
45% on housing$294,000/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$945This listing

vs Other Active Listings

Avg $/sqft

ZIP 82441$173
Big Horn County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 82441
Big Horn County$126

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-01Listed for sale$1,800,000
2025-12-26Listing removed$1,800,000
2025-02-21Price change$1,800,000
2023-01-30Listed for sale$2,000,000

For Sale by Agent

AgentJonathan Robinson
BrokerageFay Ranches

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