Recreational Land & Farm for Sale in Cody, Wyoming

Discover an exceptional opportunity to enjoy lakeside living under the vast Wyoming sky. The Buffalo Bill Reservoir Pastures is a 80+- acre property that blends scenic beauty, investment potential, and accessibility. Bordering the Buffalo Bill Reservoir State Park and just minutes from downtown Cody, Wyoming, this irrigated acreage offers unobstructed views of the Absaroka Mountains and direct access to the region's premier outdoor recreation. With two access points, existing water rights, and GR-5 zoning, this property offers versatility--whether you're seeking a private retreat, an equestrian estate, or a smart development opportunity.

The land's zoning allows for potential division into 5-acre parcels, while the existing two older homes, rural water, electricity, and natural gas lines make infrastructure planning more approachable. The property has a rich agricultural history and remains viable for farming or livestock thanks to its irrigation and fertile ground. With the Big Horn Basin Boat Club within walking distance and the East Entrance to Yellowstone National Park just 56+- miles away, this location balances seclusion with easy access to major natural and cultural landmarks.

Cody itself is a vibrant community with strong ties to its Western heritage. From the world-class exhibits at the Buffalo Bill Center of the West to the summer-long Cody Nite Rodeo, the area brims with authentic experiences. Outdoor enthusiasts will find endless opportunities in the nearby Shoshone National Forest, where trails, wildlife, and adventure await year-round.

Whether your vision includes building a home with panoramic views, establishing a recreational base camp, or developing a low-density residential project, Buffalo Bill Reservoir Pastures offers a rare combination of natural beauty, strategic location, and land-use flexibility. This is more than a property--it's an opportunity to invest in an increasingly difficult-to-find way of life.