1412 Lane 41, Otto, WY, 82434
About This Home
Experience true Wyoming living on this remarkable farm and ranch property in the heart of the Bighorn Basin near Otto. With nearly a mile of Greybull River frontage along the southern edge, the land feels alive—mule deer, whitetail, pheasant, turkey, and waterfowl roam the diverse habitat. Roughly 300 acres are in productive alfalfa/grass mix, with another 182 irrigated acres offering potential for future agricultural development. Historic water rights date back to 1893 and 1900, and the property is irrigated by gated pipe and 2 side rolls. Water is supplied by underground gravity-fed lines (10" and 15") that deliver impressive capability, with three-phase power nearby for future pivots. A modest, off-grid manager’s home powered by solar offers simplicity and privacy. The ranch is fully fenced, has year-round live water on the east side, and is ready for livestock. A natural spring and pond add to the serenity, creating an oasis for people and wildlife. Public land is close for ATV riding, hunting, and exploring, with the Bighorn Mountains rising just beyond. Cody is only 40 minutes from here, with Yellowstone National Park an additional short scenic drive away. Whether you’re seeking productive ag ground for hay, sugar beets, barley, corn, wildlife habitat, or wide-open Western freedom, this property delivers a lifestyle that’s hard to match.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Roof: Metal
- Construction materials: Frame,Hardboard
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Oven,Refrigerator
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Flooring: Concrete,Laminate
- Fireplace features: Pellet Stove
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 384
Heating & Cooling
- Heating features: Pellet Stove
- Cooling features: None
Interior Area
- Total structure area: 384
- Total interior livable area: 384 sqft
Property
Details
- Zoning description: Unknown
Features
- Levels: One
- Patio & porch: None
- Exterior features: Dirt Ditches,Production Ground
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s)
- On waterfront: Yes
- Waterfront features: Creek,River Access,River Front
Lot
- Lot size: 592.23 Acres
- Features: Level,Irrigated
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
- Cold Wave
- Landslide
- Lightning
- Winter Weather
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Big Horn 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 | $12,110 | $145,320 |
| Home Insurance | $1,476 | $17,712 |
| Property Taxes | $878 | $10,536 |
| Electricity | $154 | $1,858 |
| Total | $14,618 | $175,416 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Price change | $2,775,000 |
| 2025-12-22 | Listed for sale | $2,800,000 |
For Sale by Agent
View on Zillow