$7,500,000

284 Lake Desmet RoadBuffalo, WY 82834

Farms and ranches · MLS 12047314 · Listed today (Oct 29, 2026)

Lake DeSmet · Lake or reservoir · Direct parcel frontage · Waterfront details

For sale: Listed and available according to the MyStateMLS feed.

About this property

Positioned along the eastern shoreline of Lake DeSmet, the Lake DeSmet Legacy Retreat offers a rare opportunity to own 89± deeded acres of Wyoming lakefront property with sweeping views of the Bighorn Mountains. Located just minutes from Buffalo, Wyoming, this distinctive retreat combines privacy, exceptional recreational opportunities, and an extensive collection of thoughtfully designed improvements. The property features a 2,565-square-foot clubhouse, a 1,248-square-foot main cabin, and 11 additional cabins and duplex accommodations, creating an ideal setting for family gatherings, corporate retreats, or hospitality use. Extensively remodeled in 2022, the improvements offer updated interiors, comfortable accommodations, and inviting spaces for entertaining. The clubhouse serves as the centerpiece, featuring a modern kitchen, fireplaces, expansive windows, and gathering areas overlooking the lake. Lake DeSmet provides year-round recreational opportunities, including boating, fishing, swimming, and other water activities. A private concrete boat ramp and floating dock offer convenient access to the lake, while the 3,024-square-foot heated boat garage provides substantial storage for boats and recreational equipment. Additional improvements include a 1,600-square-foot shop, three RV hookups, and maintained grounds connecting the various residences and recreational facilities. The property's eastern shoreline location provides beautiful western views across the water toward the Bighorn Mountains, creating a remarkable backdrop for sunsets and outdoor gatherings. The combination of lake frontage, substantial acreage, and multiple accommodations offers flexibility for a private family compound, multigenerational retreat, or potential commercial hospitality operation. With its exceptional setting, extensive improvements, and convenient proximity to Buffalo and the Bighorn Mountains, Lake DeSmet Legacy Retreat represents a distinctive opportunity to establish a lasting Wyoming legacy on the shores of one of the region's most recognized recreational lakes.

Description provided by the listing brokerage.

Facts

List price

$7,500,000

Status

For sale

Property type

Farm or estate

Bedrooms

15

Full baths

13

Lot size

83 acres

County

Johnson County

MLS number

12047314

Annual property tax (2026)

$12,157

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Farm and ranch details

Water source

Well

Features

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Buffalo.

Price and status history

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

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Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

• Waterfront land in Wyoming
• More lake or reservoir listings in Wyoming
• What counts as waterfront

Listing courtesy of Scott Williams. Listing agent: Scott Williams. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 29, 2026, 5:09 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:01 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.