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

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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.

Kanye West Wyoming ranch
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty
via Realtor / Jonathan Robinson with DBW Realty

Written by Joe Kinsey

I'm an Ohio guy, born in Dayton, who roots for Ohio State and can handle you guys destroying the Buckeyes, Urban Meyer and everything associated with Columbus.

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