1 Streamside Drive Cody Wyoming: A Unique Property for Sale in the Wapiti Valley
1 Streamside Drive is not an ordinary Cody, Wyoming real estate listing. Located on 5.58 acres in the Wapiti Valley west of Cody, the property combines a private residence, guest accommodations, furnished cabins, custom Conestoga wagons, recreational amenities, outbuildings and hospitality infrastructure in one unusual property.
Currently offered at $2,980,000, 1 Streamside Drive is being marketed as a commercial property under MLS #10032823. The property includes 10 furnished log-sided cabins, five custom Conestoga covered wagons, a furnished 1,200-square-foot cottage, a 3,800-plus-square-foot log-sided building containing an owner’s residence and guest facilities, a 3,100-square-foot pole barn, a three-car detached garage, seven RV hookups and a pickleball court.
The property is located at 1 Streamside Drive, Cody, Wyoming 82414, west of Cody in the Wapiti Valley. Its setting puts it in a very different environment from an in-town Cody property, with open space, mountain surroundings and the outdoor character that attracts people to this part of Wyoming. The location also gives the property a useful connection to Cody and the Yellowstone region. Cody provides access to restaurants, services, businesses and local attractions, while the Wapiti Valley places the property along the broader route toward Yellowstone’s East Entrance. For a prospective buyer, the location is therefore more than a backdrop. It is part of the property’s potential appeal as a place to live, operate a hospitality business or combine the two.
A Property With More Than One Story
The most important thing to understand about 1 Streamside Drive is that the residence is only one part of the property. The main log-sided building includes an owner’s residence upstairs, while the lower level contains guest showers and bathrooms, laundry facilities, a kitchenette, office space and mechanical systems. Elsewhere on the property are 10 furnished log-sided cabins and five custom-built Conestoga covered wagons designed to accommodate four to six people. A separate furnished cottage provides another accommodation option and includes a full kitchen.
The property also includes a recently constructed 3,100-square-foot pole barn, a three-car detached garage, seven RV hookups and outdoor recreational improvements including a pickleball court. The result is a property with a much broader physical footprint and operating potential than the residential square footage alone would suggest.
Why the Listing Can Be Difficult to Categorize
Someone searching for 1 Streamside Drive online may encounter different descriptions of the property depending on the site they visit. Some consumer-facing real estate portals emphasize the residential component, while commercial property sources identify the broader campground and hospitality characteristics. That distinction is worth understanding.
The property is currently being marketed as a commercial sale, but it also contains a substantial private residence. Looking only at the residential listing information misses the cabins, covered wagons, cottage, guest facilities, RV hookups and other improvements that make up the larger property. Looking only at the hospitality component misses the residential and lifestyle side of the opportunity. For a prospective buyer, the complete picture is the important one.
The Residence and Guest Facilities
The owner’s residence occupies the upper level of the main log-sided building. Public listing information describes approximately 3,840 square feet, with three bedrooms and four bathrooms. The lower level incorporates facilities associated with the guest operation, creating an unusual combination of private living space and hospitality infrastructure within the same primary structure. That arrangement could be particularly relevant to an owner-operator, although other buyers may have entirely different plans for the property. The important consideration is how the existing configuration fits the buyer’s intended use and what changes, if any, would be permitted under applicable regulations.
Cabins, Covered Wagons and Outdoor Space
The guest accommodations give the property much of its character. Ten furnished log-sided cabins provide individual lodging spaces, while five custom Conestoga covered wagons offer another accommodation experience that is distinctly different from a conventional hotel room. The separate cottage adds a larger furnished option with a full kitchen and sleeping capacity for up to six people. Those improvements are complemented by the property’s other infrastructure, including RV hookups, the pole barn, detached garage and pickleball court. Taken together, they create a property that has already been developed around more than one type of guest or use.
A Different Kind of Cody Real Estate Opportunity
There are plenty of conventional homes for sale around Cody. There are also commercial properties and individual lodging businesses. 1 Streamside Drive sits somewhere between those categories. For a buyer interested primarily in the residence, the acreage, mountain setting and surrounding landscape are obvious considerations. For someone approaching the property as a business, the cabins, wagons, cottage and supporting infrastructure become central to the evaluation. An owner-operator may be interested in the combination of both. That flexibility is one of the property’s defining characteristics, but it also means that buyers need to evaluate the entire operation rather than relying on a single metric such as residential square footage or acreage.
What Should Buyers Investigate?
A property with this many components deserves thorough due diligence. Prospective buyers should examine the financial and operating history where applicable, the condition of the buildings and improvements, utilities, water and septic systems, access, insurance, maintenance requirements, permits, zoning and any regulations affecting the property’s existing or intended uses. The buyer should also establish exactly how each component is currently being used and what is included in the transaction. Commercial, residential and hospitality considerations can overlap on a property like this, so professional review of the relevant records and requirements is an important part of evaluating the opportunity. The current listing information is a starting point for that process, not a substitute for the buyer’s own investigation.
1 Streamside Drive Is Offered by REV Real Estate
1 Streamside Drive is currently listed by Ryan Selk of REV Real Estate, with Erynne Selk serving as co-listing agent.The property is an active commercial sale, currently offered at $2,980,000, and is identified in the Northwest Wyoming MLS as a Hotel/Motel property in the Cody – North Fork/Wapiti area. For buyers interested in the property, the 1 Streamside Drive listing provides the starting point for current availability, showing information and additional property details. Buyers researching Cody Wyoming real estate can also explore the broader REV Cody market and other properties currently available in the area. If you have been searching for 1 Streamside Drive Cody WY, a Wapiti Valley property for sale, a distinctive Cody Wyoming property, or a hospitality opportunity near Yellowstone, 1 Streamside Drive is a property that deserves to be evaluated as a complete package rather than through any single part of the listing.