Here’s What $5 Million Will Get You For a House in Wyoming (7 Properties)

Owning a $5 million home brings to mind images of grandeur, exclusive amenities, and prime locations. In Wyoming, however, luxury real estate takes a different approach, embracing the state’s vast landscapes, rugged charm, and unmatched tranquility. Here, high-end properties offer more than just square footage—they provide a unique blend of seclusion, breathtaking natural beauty, and an authentic connection to the great outdoors. Whether it’s an expansive ranch surrounded by mountain vistas or a modern retreat designed to complement the wilderness, Wyoming’s luxury market delivers an experience unlike any other. In this post, we’ll explore what $5 million can offer in this one-of-a-kind real estate landscape.

7. Sheridan, WY – $4,500,000

Here’s an example of a million-dollar home in Sheridan. This 3-bed, 3-bath, 3,277 sq ft single-family ranch features a main home within walking distance to a private fishing pond and a well-placed storage shed. Manicured walking paths connect the grounds to expansive pastures, offering views of the Bighorn Mountains. The property is part of a productive agricultural community known for its mix of large and small ranches under strong ownership. Recreational opportunities include hiking, fishing, and hunting, with the area also recognized for polo pony training. The layout provides a balance of natural beauty and practical ranching amenities.

Where is Sheridan, WY?

Sheridan, Wyoming, is located in the north-central part of the state, near the eastern base of the Bighorn Mountains, in Sheridan County. It lies approximately 130 miles south of Billings, Montana, 300 miles north of Cheyenne, and about 240 miles northwest of Rapid City, South Dakota. Positioned along Interstate 90 and U.S. Highway 14, Sheridan serves as a regional hub for commerce, history, and outdoor recreation. The city is known for its charming downtown, historic landmarks, and proximity to the Bighorn National Forest, offering a mix of small-town charm and access to scenic natural beauty.

Living Room

This 3-bedroom, 3-bathroom home features a living room with exposed wood beams and large windows that frame scenic mountain views. A floor-to-ceiling stone fireplace serves as the focal point, adding character to the space. The open design connects to adjacent areas, enhancing natural light and functionality.

Dining Room

The dining area in this 3-bedroom, 3-bathroom home offers expansive windows that provide panoramic outdoor views. Wood ceiling beams complement the rustic aesthetic, creating a warm ambiance. Positioned next to the living space, it seamlessly integrates with the open floor plan.

Kitchen

Designed with functionality in mind, the kitchen of this 3-bedroom, 3-bathroom home features wood cabinetry, granite countertops, and modern appliances. A central island provides additional prep space and casual seating. Large windows bring in natural light and offer a view of the surrounding landscape.

Primary Bedroom

The bedroom in this 3-bedroom, 3-bathroom home offers generous space with large windows that allow in natural light. A wood-burning stove adds a touch of warmth and character. The room includes built-in storage solutions and connects to an en-suite bathroom for added convenience.

Source: Charles W Cunningham @ Concept Z Home & Property Via Coldwell Banker

6. Bedford, WY – $4,799,995

All this in Bedford for $4,799,995. This 7-bed, 5-bath, 10,041 sq ft single-family home features a private master wing and a secondary master suite for added comfort. The main level includes a spacious living room, a gourmet kitchen, laundry facilities, and common areas designed for convenience. The upper level offers a theater room, a game room, additional bedrooms, a kitchenette, and a second laundry area. A newly constructed shop provides extra storage space on the landscaped grounds. The layout combines practical living with entertainment options across both levels.

Where is Bedford, WY?

Bedford, Wyoming, is located in the western part of the state, in Lincoln County, within the scenic Star Valley region. It lies approximately 8 miles southeast of Thayne, 30 miles southwest of Alpine, and about 70 miles southwest of Jackson. Positioned near U.S. Highway 89, Bedford is surrounded by rolling hills and mountains, offering a peaceful rural setting. The community is known for its quiet, close-knit atmosphere and proximity to outdoor activities such as fishing, hiking, and hunting, as well as easy access to nearby forests and wilderness areas.

Living Room

The living room in this 7-bedroom, 5-bathroom home features high ceilings with exposed wood beams and expansive windows that provide scenic views. A central fireplace with a sleek surround complements the open-concept layout. The upper-level loft overlooks the space, enhancing the sense of openness.

Kitchen

This spacious kitchen within the 7-bedroom, 5-bathroom home is equipped with white cabinetry and stainless steel appliances. A large center island with seating offers additional workspace and casual dining. Wood beam accents and recessed lighting complete the functional design.

Bedroom

The primary bedroom in this 7-bedroom, 5-bathroom residence includes large windows that frame beautiful outdoor views. A cozy seating area is positioned to take advantage of natural light, while wood beam accents add character. Plush carpeting enhances comfort, and an en-suite bath is accessible from the space.

Source: Rusty L. Kunkle @ Keller Williams Jackson Hole Via Coldwell Banker

5. Jackson, WY – $4,799,000

For $4,799,000, here’s what you get in Jackson. This 6-bed, 5-bath, 4,049 sq ft single-family home follows the Mountain B floor plan, featuring a ground-level garage that allows for expanded living and sleeping areas on the central level. The layout includes a larger owner’s closet and a ground-floor mudroom for added convenience. The property offers upgraded outdoor living spaces, including a hot tub adjacent to the home. Positioned within Snake River Sporting Club, it provides direct access to amenities and panoramic views of the Snake River Canyon. The Lodge Cabins are part of the final development phase of the club, offering contemporary mountain-modern design in a private setting.

Where is Jackson, WY?

Jackson, Wyoming, is located in the northwestern part of the state, in Teton County, within the Jackson Hole Valley. It lies approximately 12 miles south of Grand Teton National Park, 60 miles south of Yellowstone National Park, and about 280 miles west of Casper. Positioned along U.S. Highways 26, 89, and 191, Jackson is a major gateway to outdoor recreation, including hiking, skiing, and wildlife watching. The town is known for its picturesque mountain scenery, the historic Jackson Town Square with its iconic elk antler arches, and its proximity to renowned destinations like Teton Village, the National Elk Refuge, and the surrounding national parks.

Living Room

The living room in this 6-bedroom, 5-bathroom home offers expansive windows that frame scenic mountain views and allow ample natural light. A modern chandelier complements the wood-accented ceiling, enhancing the room’s spaciousness. The open layout provides a seamless transition to the outdoor landscape.

Kitchen

Experience the kitchen in this 6-bedroom, 5-bathroom home, featuring sleek cabinetry, stainless steel appliances, and a generously sized island with seating. Large windows brighten the space, highlighting the contemporary design and functional flow. A statement lighting fixture ties the aesthetic together.

Bedroom

The bedroom in this home offers floor-to-ceiling windows that provide direct access to the scenic outdoors. Thoughtful design choices, including clean lines and neutral tones, create a serene retreat. The high ceiling and modern lighting fixture enhance the room’s ambiance.

Family Room

Take in the sitting area of the family room in this 6-bedroom, 5-bathroom home, designed to offer a cozy yet stylish space with panoramic views of nature. Expansive windows and a sliding door invite the outdoors in, while neutral furnishings complement the surroundings. The open design encourages relaxation and connection.

Source: Meghan Leidy @ Compass Real Estate Via Coldwell Banker

4. Alpine, WY – $5,500,000

Here’s an example of a million-dollar home in Alpine. This 3-bed, 2-bath, 2,200 sq ft single-family property includes a 4,200 sq ft luxury toy barn with 2,200 sq ft of living space and an oversized RV garage. The property offers direct access to Salt River and features two spring-fed ponds, two wells, and a large second-story wraparound deck with a Sundance Spa. An attached two-bedroom guest apartment with a kitchenette provides additional living space. The barn includes four bays, an RV garage, two full RV hookups, and four 50-amp outlets for workshop equipment. Outdoor recreational opportunities include horseback riding, fishing, hunting, hiking, and snowmobiling, with Yellowstone National Park located under 100 miles away.

Where is Alpine, WY?

Alpine, Wyoming, is located in the western part of the state, in Lincoln County, near the Idaho border. It lies approximately 35 miles southwest of Jackson, 50 miles south of the southern entrance to Yellowstone National Park, and about 95 miles northeast of Idaho Falls, Idaho. Positioned along U.S. Highways 26 and 89, Alpine is nestled at the confluence of the Snake, Salt, and Greys rivers. The town serves as a gateway to the Star Valley and offers access to a wide range of outdoor activities, including fishing, boating, hiking, and snowmobiling. Surrounded by stunning mountain landscapes, Alpine is a peaceful community with easy access to nearby forests, rivers, and wilderness areas.

Kitchen

The kitchen in this 3-bedroom, 2-bathroom home features wood cabinetry and granite countertops, offering a functional and inviting space. A spacious island with seating enhances the layout, while large windows fill the area with natural light. Modern appliances and ample storage make it ideal for everyday use.

Bedroom

The bedroom in this 3-bedroom, 2-bathroom home includes a large window that provides beautiful outdoor views and natural lighting. A wooden bed frame and matching furniture complement the warm tones of the space. Recessed lighting and wood-trimmed finishes add to the inviting atmosphere.

Bathroom

The bathroom in this 3-bedroom, 2-bathroom home boasts a dual-sink vanity with granite countertops and a spacious layout. A soaking tub by the window allows for relaxing moments with scenic views. The walk-in shower and quality fixtures complete the space with modern convenience.

Source: Zachary L Miller @ Allure Real Estate Brokerage Via Coldwell Banker

3. Alta, WY – $5,500,000

Here’s what you get in Alta for $5,500,000. This 5-bed, 3-bath, 4,491 sq ft single-family home features a gourmet kitchen with hardwood floors, marble countertops, and high-end appliances. The lower level includes a pool table, TV area, sauna, and workout room designed for relaxation. The main-level primary suite offers a private deck, while the upper level provides three additional bedrooms and two bathrooms. A 676 sq ft studio apartment above the garage serves as an ideal guest space. The fully fenced property includes a 2,000 sq ft shop for storage and equestrian use, along with landscaped outdoor areas featuring decks, patios, a fire pit, and a sunken hot tub.

Where is Alta, WY?

Alta, Wyoming, is located in the western part of the state, in Teton County, near the Idaho border. It lies approximately 8 miles west of Driggs, Idaho, 25 miles northwest of Jackson, and about 20 miles south of Grand Targhee Resort. Positioned near Wyoming Highway 22 and accessible from Idaho State Highway 33, Alta is nestled on the western side of the Teton Range. The area is known for its breathtaking mountain views, outdoor recreational opportunities, and close proximity to both Grand Targhee’s ski slopes and the surrounding wilderness. Alta offers a peaceful, scenic retreat within easy reach of larger towns and renowned outdoor destinations.

Living Area

Featuring a tall stone fireplace and large windows, the living room in this 5-bedroom, 3-bathroom home offers an inviting layout with high ceilings. The open-concept design flows into the adjacent dining and kitchen areas, enhancing the sense of space. The natural light and scenic views complement the warm interior finishes.

Dining Area

With expansive windows and outdoor access, the dining area in this 5-bedroom, 3-bathroom home connects seamlessly to the living space. A rustic dining table sits under a stylish chandelier, adding charm to the open floor plan. Sliding glass doors provide easy access to the outdoor deck.

Kitchen

Designed with blue cabinetry and white countertops, the kitchen in this 5-bedroom, 3-bathroom home offers a functional layout with modern appliances. A large island with seating serves as a central gathering point. Oversized windows bring in natural light and offer views of the surrounding landscape.

Primary Bedroom

This 5-bedroom, 3-bathroom home features a primary bedroom with large sliding doors leading to the outdoor area. Soft color tones and ample natural light create a serene atmosphere. The layout includes spacious closets and en-suite access.

Family Room

A comfortable entertainment space in family room in this 5-bedroom, 3-bathroom home includes a large sectional sofa and a media center. Recessed lighting and a neutral color palette make it an ideal space for relaxation. The layout provides plenty of seating options for gatherings.

Game Room

The game room in this 5-bedroom, 3-bathroom home features a central pool table under a decorative chandelier. The neutral tones and wall decor enhance the room’s aesthetic. It offers ample space for additional recreational activities.

Source: Ken Dunn @ Coldwell Banker Mountain Properties Via Coldwell Banker

2. Wilson, WY – $5,700,000

In Wilson, this is an example of what you can buy for $5,700,000. This 5-bed, 4-bath, 3,932 sq ft single-family home spans three levels and offers panoramic views of the Grand Teton, Snake River, and Jackson Hole. Recently remodeled, the home features an open floor plan with warm finishes, creating inviting spaces for gathering. The gourmet kitchen and living area include a cozy fireplace, with direct access to expansive northeast-facing decks. The primary bedroom, living room, and guest areas also have deck access, providing opportunities to enjoy the views throughout the day. An oversized two-car garage with a large gear room offers ample storage for outdoor equipment and adventure essentials.

Where is Wilson, WY?

Wilson, Wyoming, is located in the northwestern part of the state, in Teton County, along the eastern edge of the Teton Range. It lies approximately 7 miles west of Jackson, 10 miles south of Grand Teton National Park, and about 60 miles south of Yellowstone National Park. Positioned near Wyoming Highway 22, Wilson is known for its scenic beauty, small-town charm, and proximity to outdoor recreational opportunities. The town serves as a gateway to Teton Pass and is popular among outdoor enthusiasts for activities like hiking, skiing, and mountain biking. Wilson offers a tranquil atmosphere while remaining close to the cultural and recreational amenities of Jackson and the surrounding national parks.

Living Room

This 5-bedroom, 4-bathroom home features a spacious living room with a towering stone fireplace and large windows that frame scenic views. The open floor plan connects to the dining area and kitchen, enhancing the sense of space. A lofted upper level overlooks the living area, adding architectural interest.

Dining Room

The dining area in this 5-bedroom, 4-bathroom home offers ample seating with a large table and chairs set against expansive windows. Natural light fills the space, highlighting the modern fixtures and open layout. A sliding glass door provides easy access to the outdoor deck.

Kitchen

This 5-bedroom, 4-bathroom home boasts a well-equipped kitchen with sleek cabinetry, high-end appliances, and a central island with seating. Large windows allow natural light to brighten the space while offering picturesque views. The open concept layout seamlessly connects the kitchen to the dining and living areas.

Bedroom

The primary bedroom in this 5-bedroom, 4-bathroom home offers panoramic views through large windows and access to a private balcony. Neutral tones and cozy textures create a relaxing atmosphere. A spacious layout allows for additional seating and storage.

Bathroom

The bathroom in this 5-bedroom, 4-bathroom home features dual vanities, a large glass-enclosed shower, and a built-in soaking tub. Neutral finishes complement the modern design, offering both style and functionality. Ample storage and lighting enhance the space.

Source: Frederick C. Harness @ Jackson Hole Sotheby’S International Realty Via Coldwell Banker

1. Cokeville, WY – $4,250,000

This property in Cokeville is priced at $4,250,000. This 5-bed, 3-bath, 3,155 sq ft log home was built in 2001 and offers ample space for family and guests. The property includes a 6,000 sq ft shop with poured concrete floors, propane heat, and extensive work and storage areas. Additional structures include a two-car garage, covered hay storage, a chicken coop, a greenhouse, and a small airplane hangar. The layout provides practical amenities suited for ranching and agricultural needs. The property is designed to support various activities with well-planned spaces for work and recreation.

Where is Cokeville, WY?

Cokeville, Wyoming, is located in the southwestern part of the state, in Lincoln County, near the border with Idaho. It lies approximately 40 miles northwest of Kemmerer, 70 miles south of Afton, and about 20 miles from the Utah border. Positioned along U.S. Highway 30, Cokeville is a small, rural community known for its rich history and surrounding natural beauty. The town is near the confluence of the Bear River and Smiths Fork River, offering opportunities for fishing, hiking, and exploring the nearby mountains and wildlife areas. Cokeville’s quiet atmosphere and scenic location make it a peaceful gateway to the surrounding region’s outdoor activities.

Dining Room

The dining room in this 3-bedroom, 2-bathroom home features large windows that provide ample natural light and scenic views. The space is designed with a rustic log cabin aesthetic, complemented by tiled flooring and wooden accents. The arrangement offers a comfortable setting for gatherings with a connection to the outdoors.

Kitchen

The kitchen in this 3-bedroom, 2-bathroom home showcases custom wood cabinetry, stainless steel appliances, and log beam accents. A spacious countertop provides ample workspace and blends seamlessly with the warm wood tones. Natural light streams in through the windows, enhancing the inviting ambiance.

Bedroom

The bedroom in this 3-bedroom, 2-bathroom home embraces a log cabin style with wooden walls and flooring. A large window allows natural light to enter, offering views of the surrounding landscape. The cozy layout provides a relaxing retreat within the home.

Source: Matthew C. Macmillan @ Live Water Properties LLC. Via Coldwell Banker