Foreign Property News | Posted by Aye Myat Thu
Kanye West has decided to hang onto his Wyoming ranch — for now.
The rapper took his 3,888-acre farm off the market earlier this month, The Post can report.
Known as Monster Lake, it was the first of two ranches the business mogul bought in the state. West, 45, purchased the compound for an estimated $8 million in 2019.
He put the ranch on sale for $11 million in October, but it doesn’t seem like he had any offers.
His other ranch, about 50 miles away from Monster Lake, cost an additional $14.5 million, and comes with 6,700 acres.
West’s big-dollar investments seem to have stemmed from his views on the importance of being a landowner. “We have to evolve,” he tweeted in September 2020. “Buy property … Buy land.
(An aerial view of the Cody, Wyoming, ranch made up of eight parcels.J.P. King Auction Company)
(Kanye West purchased the ranch for more than $8 million in 2019.J.P. King Auction Company)
(A dirt road is carved for vehicles to drive on.J.P. King Auction Company)(An aerial wide shot of the ranchJ.P. King Auction Company)
While it’s unclear if this has anything to do with his decision to keep the ranch, the move did come a week after it was announced that his ex-wife, Kim Kardashian, and her boyfriend, “SNL” alum Pete Davidson, called it quits.The Post has reached out to West’s reps for comment.
Both properties have been referred to as a source of contention between West and Kardashian, who was against moving to Wyoming full time — as West had hoped, West owns three of the eight parcels on Monster Lake ranch.
(Canyons are a big part of the compound.J.P. King Auction Company)
(Justin Bieber’s tour buses are seen on Kanye West’s Wyoming ranch, where the singer arrived on July 25, 2020.Marksman / MEGA)
(West’s ranch is surrounded by scenic views.Marksman / MEGA)
(Construction crews are seen on the ranch.Marksman / MEGA)
The parcels include eight luxury cabins — which can house up to 20 guests — as well as a saloon and restaurant and meeting facilities. Two new luxury cabins lie on the shoreline with full services. One particular parcel — No. 7 — is made up of 640 acres (1 square mile) that are ideal for cattle grazing and recreational hunting.
Property records reveal he last updated the sprawling home with new structures as recently as January, after purchasing neighboring land.
(As it stands, the combined properties now boast a whopping 27 bedrooms and 17 bathrooms)
(A wider shot of Kanye West’s separate structuresMarksman / MEGA)
(An expansive lake is situated next to some of the structures.J.P. King Auction Company)
(The ranch offers idyllic scenes.J.P. King Auction Company)
Among the divorce proceedings, West decided to buy a five-bedroom, four-bathroom house in Hidden Hills, California — across the street from Kim — for $4.5 million.
Sources told The Post the home, which hit the market for the first time in 67 years, was purchased by the star so that he could have easier access to his children.
“It’s just simple logistics so that he is close to his children and has access to them at the drop of a hat,” an insider told The Post.
Ref: Kanye West took Wyoming ranch off market a week after Kim & Pete broke up (nypost)