823 Decker Rd, Sheridan, WY, 82801
About This Home
Exceptional 85 acre property offering sweeping Bighorn Mountain views and outstanding versatility. The land is fully fenced for livestock and features a beautiful homesite nestled among mature pines, overlooking the Tongue River and surrounding foothills. Improvements include an impressive 5,800 sq ft shop that was previously operated as a commercial storefront, complete with a 1,200 sq ft loft space that is plumbed and ready for an office or future living quarters. A second 40 x 30 shop provides additional storage or workspace. The property is supported by a strong water well with a distribution system in place. Also included is a small movable cabin ideal for guest use, rental income, or a temporary residence while building. Whether you are looking to build your dream home, run a business with a new conditional use permit, or convert the existing structure into a residential space, this property offers a rare combination of location, infrastructure, and potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Foundation: Slab
- Construction materials: Combination
Type & Style
- Home type: SingleFamily
- Property subType: Stick Built,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Loft
- Window features: Skylight(s)
- Finished area above ground: 1,200
Heating & Cooling
- Heating features: Propane Forced Air,Electric,Propane,Heat Pump
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 6,990
- Total interior livable area: 6,990 sqft
Property
Details
- Parcel number: R0032341
- Exclusions: Chandeliers and furniture in store
Features
- Levels: 2 Story
- Stories: 2
- Patio & porch: Patio
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 84.58 Acres
- Features: Wooded,Sloped
Parking
- Total spaces: 3
- Parking features: Gravel
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Inland Flooding
- Winter Weather
- Cold Wave
- Lightning
- Wildfire
- Hail
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Sheridan County and Wyoming
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,545 | $102,540 |
| Home Insurance | $712 | $8,544 |
| Property Taxes | $788 | $9,456 |
| Electricity | $473 | $5,685 |
| Total | $10,518 | $126,216 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $1,690,000 |
View on Zillow