Yeesh: Kanye West Lists Wyoming Ranch For $11 Million & Could Take Huge Loss

PublishedOctober 12, 2021 11:59 AM EDT|UpdatedOctober 12, 2021 11:59 AM EDT

Are you looking for a good deal in a hot real estate market? Are you a buy low, sell high real estate investor? Rapper Kanye West just might have the perfect property for you out in Cody, Wyoming where Yeezy has a 4,000-acre piece of land with two trophy fishing lakes and a go-cart track on the property.

After spending $14 million for the property in 2018, Kanye is now looking to unload the West Lake Ranch for the low asking price of $11 million. That's right, the guy is clearly looking to dump the oasis that is loaded with trophy trout fishing and plenty of places to ride horses and shoot guns.

According to Kanye's realtor:

The once-in-a-lifetime property contains a BLM lease, equipment sheds, equine facility, livestock corrals, and hay meadows. The lodge, commercial kitchen, go-cart track, and trophy trout fishing bring commercial opportunities. The views of the sandstone cliffs and Absaroka mountains make it a premier Wyoming ranch investment.

It's unclear how the lodge works whether it's a fishing camp or if you could live in the structure. What's clear is that you'd have plenty of room to build yourself a nice little 3,000 sq. ft. cabin to enjoy when you fly into Cody for some rest and relaxation at your massive retreat.

Now for the bad news:

• Nearest Starbucks - 12 miles

• Whole Foods - 13 miles

• Walmart liquor store - 15 miles

That's right, you'll have to drive into town in your massive Cadillac SUV for those big city conveniences you're hooked on.

Mortgage: About $41,000/mo. before you hire a team to take care of this place. You're probably looking at $1.2 million a year -- at least -- to make this place fully operational as you'd like it. Just sell some Bitcoin and you'll be fine.