Dream property for a cattle or horse ranch or future development. This 138+/- acre property boasts of -57+/- irrigated acres of water rights with a grass/alfalfa hay meadow, a newly remodeled home, metal building for storage, large trees, privacy and mountain views. The pastures are fenced separately for rotational grazing. Also included are large holding pens for dry lot feeding and calving, working pens, automatic waters, cement feed bunk, continuous steel fencing, large yard for feed storage and livestock loading with easy access to state highway. The home is cozy and move in ready with 1 oversized bedroom, living room, kitchen, laundry area and ¾ bathroom. The property has a current grazing lease for 2025. The home is actively on VRBO with reservations coming in for 2025 as well. The property is conveniently located 15 minutes from Powell, Wyoming, 10 minutes to the Montana state line and 40 minutes to Cody, Wyoming with a short drive to Yellowstone National Park. Lots of public land in the area to enjoy and the Big Horn Mountains are available for all your recreational needs. No covenants or HOA. Additional acreage available if a buyer wants more land, MLS # 10030876. This parcel is pending county approval and recording.