$7,500,000
$90,361 per acre: total asking price divided by the reported 83 acres. Not an appraisal or a bare-land value.
284 Lake Desmet RoadBuffalo, WY 82834
Farm or ranch · MLS 12047314 · Listed 5 days ago (Oct 29, 2026)
Farms and ranches · Farm and ranch details
For sale: Listed for sale and available according to the MyStateMLS feed.
About this property
Positioned along the eastern shoreline of Lake DeSmet, the Lake DeSmet Legacy Retreat offers a rare opportunity to own 89± deeded acres of Wyoming lakefront property with sweeping views of the Bighorn Mountains. Located just minutes from Buffalo, Wyoming, this distinctive retreat combines privacy, exceptional recreational opportunities, and an extensive collection of thoughtfully designed improvements. The property features a 2,565-square-foot clubhouse, a 1,248-square-foot main cabin, and 11 additional cabins and duplex accommodations, creating an ideal setting for family gatherings, corporate retreats, or hospitality use. Extensively remodeled in 2022, the improvements offer updated interiors, comfortable accommodations, and inviting spaces for entertaining. The clubhouse serves as the centerpiece, featuring a modern kitchen, fireplaces, expansive windows, and gathering areas overlooking the lake. Lake DeSmet provides year-round recreational opportunities, including boating, fishing, swimming, and other water activities. A private concrete boat ramp and floating dock offer convenient access to the lake, while the 3,024-square-foot heated boat garage provides substantial storage for boats and recreational equipment. Additional improvements include a 1,600-square-foot shop, three RV hookups, and maintained grounds connecting the various residences and recreational facilities. The property's eastern shoreline location provides beautiful western views across the water toward the Bighorn Mountains, creating a remarkable backdrop for sunsets and outdoor gatherings. The combination of lake frontage, substantial acreage, and multiple accommodations offers flexibility for a private family compound, multigenerational retreat, or potential commercial hospitality operation. With its exceptional setting, extensive improvements, and convenient proximity to Buffalo and the Bighorn Mountains, Lake DeSmet Legacy Retreat represents a distinctive opportunity to establish a lasting Wyoming legacy on the shores of one of the region's most recognized recreational lakes.
Description provided by the listing brokerage.
Farm and ranch details
Listing-reported, not independently certified. These details come from the listing's own fields and description. Farms and Ranches has not inspected the property, measured acres, tested soil or water, or reviewed permits. Confirm everything with Scott Williams and the right professionals.
| Listed here as | Farm or ranchFarms and ranches: Listed by the MLS as a farm or ranch, or land with reported agricultural improvements such as barns, stables or fencing. |
|---|---|
| Why it qualifies | MLS property type: Farm · How listings qualify |
| Reported use | Not stated in the listing |
| Total acreage | 83 acres (as reported) |
| Reported land breakdown | Not stated. Total acreage is not tillable or usable acreage; ask the agent and check the soil survey. |
| Home included | Yes, a home is reported |
Reported buildings, water and land features
- Well (listing water source field)The listing reports a well. It says nothing about yield, water quality, permits or water rights; test the water and ask the state water agency.
Not reported here and never inferred: yields, income, stocking rates or carrying capacity, water rights, transferable permits, organic certification, equipment or livestock included in the sale, and whether a building can be used or a site built on. Report a wrong classification.
Facts
- List price
- $7,500,000
- Status
- For sale
- Property type
- Farm or estate
- Bedrooms
- 15
- Full baths
- 13
- Lot size
- 83 acres
- County
- Johnson County
- MLS number
- 12047314
- Annual property tax (2026)
- $12,157
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Land details reported by the listing
- Water source
- Well
Features
Water
- Well
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary, and no soil, flood, wetland or access conclusion should be drawn from it. See more listings in Buffalo.
Price and status history
Changes observed by Farms and Ranches in MyStateMLS data since Oct 30, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Buyer checklist
Questions worth investigating for any farm or ranch purchase. They are not claims that this property has a problem or meets any condition.
- Legal accessIs there deeded or recorded access to a public road, and are there easements across the land (or that the land relies on)?
- Water rights and wellsA well, pond, creek or irrigation system does not by itself establish a legal right to use the water. Ask for the water right, permit or registration documents and test the well.
- Leases and tenanciesAre there farm, grazing, hunting, CRP, oil and gas or wind leases? Some survive a sale or require notice before they end.
- Soil and usable landHow many acres can actually be cropped or grazed? Check the NRCS soil survey and get a current lab soil test for the use you plan.
- RestrictionsZoning, conservation easements, deed restrictions, HOA rules, floodplain and wetland rules can limit what you can do.
- Building conditionBarns, fences, wells and septic systems need inspection; a listed building may not suit a commercial or livestock use.
- UtilitiesPower, water, septic capacity, internet and road maintenance: who provides them and at what cost.
- What is included in the saleEquipment, growing crops, stored hay, livestock, irrigation equipment, permits and farm program contracts are often separate. Get it in writing.
Explore this area's farming resources
Regional guidance for Johnson County, WY. It describes the area, not this property: it does not say this land suits any crop or use.
- Regional overview and local referrals for Johnson County
- University of Wyoming Extension (county offices and local specialists)
- Soil testing options for Wyoming
- NRCS Web Soil Survey (mapped soils; a map is not a soil test)
- All farm resources for Wyoming
Guides and next steps
Listing courtesy of Scott Williams. Listing agent: Scott Williams. Listings provided by MyStateMLS.
Listing last updated by the brokerage Oct 29, 2026, 9:03 PM UTC. Farms and Ranches last received MyStateMLS data Nov 3, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.