1701 Central Ave
1701 Central Ave, Cody, WY · Park
0.48
Acres
1968
Built
About This Property
Established, well maintained and updated motel in historic Cody, Wyoming, just one hour from the East Gate of Yellowstone National Park. The Carter Mountain Motel has never been offered for sale. This location delivers extraordinary visibility along the main traffic route through Cody from the airport. The commercial property has been owned by the same family for 75 years and the business, reputation and name are widely recognized. Pride of ownership is undeniable; from the remodeled bathrooms to the new flooring, new paint, new windows and vibrant red flowered hanging baskets that are the Carter Mountain Motel trademark. The current owners have dedicated themselves to building a legacy business in Cody renowned for consistency in comfort, cleanliness and friendly service. The repeat customers are family, not just customers. 25 rooms, one duplex and one house; for a total of 50 beds and 29 bathrooms. Supreme location coupled with a turn key lodging and hospitality business just East of Yellowstone National Park (that welcomes over four million visitors per year). Purchase, advertise and start taking bookings for the 2026 season (there are already reservations on record)! The listing agent is a relative of the Seller.
Estimated Monthly Payment
$15,338/mo
Estimate only. Based on 7.0% rate, 30-yr fixed, 20% down. Actual rates, taxes, insurance, and HOA may vary. Does not include PMI. Consult a lender for accurate figures. Source: standard amortization formula per §18.2.11.
Park County Market Snapshot
$685K
Median Price
18
Avg Days on Market
47
Active Listings
This property is listed at $2,600,000 — 280% above median for Park County.
Source: Real Estate Outlaws market analysis. Not MLS data. Data approximate and subject to change.
Property Details
Listed by REV Real Estate · 307-586-2950 · Agent: Erynne Selk
Source: Northwest Wyoming Board of REALTORS® MLS
Location
Living in Cody, Wyoming
Airport Access
About 3 miles to Yellowstone Regional Airport (COD), 5 min drive
Yellowstone
About 52 miles to Yellowstone East Gate, 1 hr drive
Recreation
Buffalo Bill Center of the West, Cody Stampede Rodeo, Shoshone National Forest, North Fork trails
Schools
Contact us for details on local schools and districts in the Cody area
Source: distances are approximate and based on typical driving conditions. Verify with local resources.
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Listing information deemed reliable but not guaranteed. Listing data provided by the Northwest Wyoming Board of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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