KANYE West can’t find a buyer for his $11million Wyoming ranch eight months on – after abandoning plans to relocate his Yeezy fashion HQ, The Sun can exclusively report.
In October 2021, the rapper and entrepreneur, 44, put the 3,888-acre plot up for sale with realtor JW Robinson, of DBW Realty, after purchasing it two years earlier.
Kim Kardashian and ex Kanye celebrated North’s seventh birthday in Wyoming
The land was originally listed for $14million and Kanye snapped it up for a little less
Robinson told a local outlet Cody Enterprise at the time: “We’ve been showing the property three times a week, fielding around 50 or so calls or more a week.”
But two-thirds of a year later, despite what would be around 1,700 calls and 100 viewings, there’s still no sign of a purchaser for the “once in a lifetime property”.
The land includes two freshwater trophy lakes, equipment sheds, equine facilities, a lodge, and a go-kart track, which Kanye had put in.
Realtors have it listed as ’61 Nielsen Rd’, deciding not to use the name Kanye gave it – West Lake Ranch – or its original moniker, Monster Lake Ranch.
According to TMZ, the land ranch has eight lodging units and is known for “monster trout” fishing.
The stalled sale is not the only problem Ye is facing as he is also trying to offload various assets he owns in the Cowboy State after seemingly ditching plans to relocate his Yeezy apparel brand to the tiny rural town of Cody, which has a population of just 9,810.
Kanye, through his company Psalm Cody Commercial LLC, put various commercial properties and vacant lots up for sale dotted around town, The Sun can confirm.
He sold a plot of land for $1.3million in November, which was to be the regional headquarters of Yeezy, but it never materialized.
On the plot, his team had erected a giant fabric tent to act as a temporary storage facility to stage “future enterprises”.
The Cody Planning and Zoning Board allowed him to keep the tent up until the time of the sale, but, this month, the new owners have been told to tear it down, despite their offering to make aesthetic improvements to the 4,800 sq ft storage structure.
According to Cody Enterprise, the board’s acting chair Scott Richard said: “It comes back to architecturally, is it fit for the neighborhood?”
Kanye originally moved out to the estate following his breakdown in 2020 and made it his base during his presidential campaign.
Prominent locals have since hit out at him for deserting the town and running roughshod over planning laws.
The town’s mayor Matt Hall told the local newspaper Casper Star-Tribune that “West promised to bring dozens of jobs to Cody and to employ a local workforce, [but] no more than a handful of residents fulfilled design jobs for him.”
DITCHED HQ PLANS
The Sun has reached out to Kanye’s rep for comment.
Park County Commissioner Joe Tilden added that they tried to fast-track his hastily put-together projects, but “it kind of all fizzled out and caused us a lot of anxiety.”
Forbes reported Kanye saying in 2019: “Cody is a great place to stay if you’re into working with a real, living, true and breathing founder that cares about humanity.”
Meanwhile, he has also failed to sell a two-acre commercial property with a 6,900 sq ft building featuring five bedrooms in the basement and five more multi-purpose rooms on the main floor with laundry and a full kitchen, listed on the DBW Realty site for $739,000.
He’s had more luck getting rid of three vacant lots for $138,000 each, another at $200,000, and a fifth at $549,000, according to documents seen by The Sun.
A property he was subleasing for ‘Yeezy Productions’, costing $108,000 a year from pharmaceutical company Lannet, is now on sale for $2.5million.
BITTER DIVORCE
One of Kanye’s fleet of luxury SUVs also failed to sell, despite them being touted as “celebrity-owned raptors”.
The eight vehicles were put up for auction by Musser Bros, with one – a 2017 Ford F-150 Raptor 4WD – didn’t gain any bids.
The other vehicles, which were Ford Raptors, Ford F350s, or Ford Expeditions, all sold for between $39,250 and $79,000, with the most attracting over 100 bids.
Kanye has recorded albums at his ranch and hosted a number of events on the estate, including his Sunday Service concerts.
His soon-to-be ex-wife, Kim Kardashian, and their four children – North, 8, Saint, 6, Chicago, 4, and Psalm, 3 – have also been photographed at the site over the years.
They’ve enjoyed outdoor activities on the ranch, including horse-riding and playing on ATVs during trips away from their main home in Calabasas, Los Angeles, which Kim is keeping amid their divorce.
The SKIMS founder, 41, filed in February 2021 after six years of marriage, and later moved on with SNL star Pete Davidson, 28, who has met their children.
Ye hit out at Pete in a number of bitter Instagram posts, while also criticizing ex-Kim as they struggled to co-parent their children, but has since disappeared from the platform.
Kanye is still believed to be dating Instagram model Chaney Jones, who has been dubbed Kim’s twin by fans and has his name tattooed on her wrist.
The family enjoyed many trips to Wyoming while Kim and Kanye were together
The ranch has been on the market since October last year
SKIMS founder Kim remains with the children in their Calabasas home
source: thesun.co.uk
