
654 Hwy 20 N
654 Hwy 20 N, Thermopolis, WY · Hot Springs
3
Beds
3
Baths
2,716
Sq Ft
213.47
Acres
1981
Built
About This Property
Cotton Farms is a rare 213± acre agricultural and recreational property located just north of Thermopolis, Wyoming. This exceptional holding offers a unique combination of productive farmland, abundant water resources, and multiple residences. Owl Creek flows through the property, creating lush riparian habitat and excellent fishing opportunities, while Big Horn River frontage further enhances both recreational and agricultural appeal. The property includes three residences, providing flexibility for owners, managers, or guests. One residence has a long-established history as a successful vacation rental known as the “Hen House Loft,” offering immediate income potential. Improvements include pivot sprinkler irrigation, multiple natural springs, corrals, a Quonset building, and several livestock shelters, making the property well-suited for farming, cattle, horses, or a diversified agricultural operation. The acreage features a balanced mix of irrigated ground, pasture, and wildlife habitat supporting abundant deer, waterfowl, and upland birds. Conveniently located near Thermopolis’ world-class hot springs, amenities, and access to public lands, Cotton Farms presents a rare opportunity to own a productive Wyoming property with income potential, outstanding water resources, and exceptional recreational value.
Estimated Monthly Payment
$13,295/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.
Hot Springs County Market Snapshot
$685K
Median Price
18
Avg Days on Market
47
Active Listings
This property is listed at $2,249,000 — 228% above median for Hot Springs County.
Source: Real Estate Outlaws market analysis. Not MLS data. Data approximate and subject to change.
Property Details
Listed by DBW Realty · 307-254-3648 · Agent: Duncan Bonine
Source: Northwest Wyoming Board of REALTORS® MLS
Location
Living in Thermopolis, Wyoming
Airport Access
Nearest commercial airport: Yellowstone Regional Airport (COD) in Cody, WY
Yellowstone
Yellowstone East Gate via Cody, about 52 miles, 1 hr drive
Recreation
Shoshone National Forest, Bighorn National Forest, Yellowstone National Park all within reach
Schools
Contact us for details on local schools and districts
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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