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471 State Highway 10, Jelm, WY, 82063

5beds
3baths
3,548sqft
$3,395,000
$957price/sqft
$19,547/moest. monthly cost
$781,880/yrincome needed

About This Home

Welcome to El Rancho Pequeno, a historic cattle camp transformed into a beloved retreat and now a thriving income producing property. This +- 100-acre property boasts prime frontage to the Big Laramie River. Two homes, three car garage and an area for livestock. Large valley views and privacy make this property an absolute dream.This property is +- 100 acres backing to BLM and offering 1500' of Big Laramie River frontage. The land is partially fenced, offering great grazing pastures for horses or cattle. Along the east side of the property lies a cottonwood lined gulch proving habitat for wildlife. The main home has 3bd 2ba, a sprawling living room with a large fireplace and oversized windows that look out across the river and into the valley below. The kitchen features high-end appliances, concrete counter tops and slate floors. The master bedroom is situated on the east side of the home, allowing the morning sun to shine through. The views of the river and valley can also be enjoyed from this room. There are large closets, an attached bathroom and an exterior door leading out to a patio. Relax in the library or on the large patio, this property invites you to slow down and enjoy. The second home is a 2bd 1ba home with a large living room, game room and updated kitchen. The living room has an impressive masonry fireplace surrounded by beautiful built-in bookshelves. Each home is private from the other, yet both are able to enjoy the views of the river and valley below. Other buildings on the ranch include a three-car garage, loafing sheds and a gardening shed. Currently the owners host the property for short term rental through October, and has a 70% occupancy rate. Jelm is a central location to recreation amenities, Centennial is 45 min to the North, Albany (snowmobile mecca) is 35 min to the Northwest, Steamboat Springs is a short 1.5hr drive away. Whatever your recreational heart desires, whether it be fishing, hiking, hunting, snowmobiling, or skiing, this area offers it all. The El Rancho Pequeno looks down the big Laramie River into the Jelm-Frank Smith Ranch Historic district. The Frank Smith ranch was the original town of Jelm and still has many of its original buildings dating back to 1881. Jelm or Cummins City back then was created kind of on a hoax. Mining was the game and unfortunately it was not one that won. Jelm became the new name for the town in 1900. Woods Landing Resort an 1883 salon is listed on the National Register of Historic Places and is now a thriving restaurant and resort offering a wonderful place to grab a burger, spend the night or even hit the dance floor on the uniquely designed boxcar spring dance floor!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

--
Harmony Elementary SchoolGrades K-510.8 mi
7/10
Laramie Middle SchoolGrades 6-830.3 mi
7/10
Laramie High SchoolGrades 9-1230.0 mi

Construction

Condition

  • Year built: 1917

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,548

Interior Area

  • Total structure area: 3,548
  • Total interior livable area: 3,548 sqft

Property

Details

  • Lease amount: 0

Lot

  • Lot size: 98.32 Acres

Parking

  • Total spaces: 3
  • Parking features: Garage
  • 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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Avalanche
    AvalancheModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Landslide
Lightning
Wildfire
Avalanche
Hail

FEMA Declared Disasters in Albany 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 $17,166$205,992
Home Insurance $501$6,012
Property Taxes $1,640$19,680
Electricity $240$2,886
Total$19,547$234,564

Income You'd Need if You Spent...

35% on housing$670,182/yr
40% on housing$586,410/yr
45% on housing$521,253/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: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 0.9%
0.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$957This listing

vs Other Active Listings

Avg $/sqft

ZIP 82063$579
Albany County$228

vs Homes Sold Last Month

Median $/sqft

ZIP 82063$307
Albany County$219

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

DateEventPrice
2026-06-06Listed for sale$3,395,000
2026-05-01Listing removed$3,450,000
2025-07-14Price change$3,450,000
2024-09-21Listed for sale$3,500,000
2024-09-09Listing removed$3,500,000
2024-07-26Listed for sale$3,500,000

For Sale by Agent

AgentCasey Stayman
BrokerageHayden Outdoors Real Estate

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