A sprawling 117-acre estate perched high above Jackson Hole is on the market for $39.5 million — and it’s got everything you’d want in a secure Western hideaway: massive Teton views, serious off-grid capabilities, and the kind of rustic elegance that wouldn’t look out of place in a national park.
Known as Riva Ridge Reserve, the compound includes 3 separate residences, hand-hewn timber construction, and its own underground tunnel.
It’s a rare offering in a highly protected pocket of the valley, where development is limited and views are everything. The estate sits 800 feet above the valley floor, completely out of sight from neighbors, and yet it’s only 15 minutes from the historic Jackson Town Square.
It’s listed with Latham Jenkins of Live Water Jackson Hole, who calls it a “once-in-a-generation holding.” Between the architectural scale, the land conservation, and the full suite of self-sustaining systems buried under the surface, it’s a serious contender for the most private and prepared property on the market in Jackson today.
The numbers: what you get for $39.5 million
The full compound spans 18,378 square feet of interior living space across 3 buildings, with a total of 10 bedrooms, 14 bathrooms, and more than 117 acres of conserved land.
The primary residence alone clocks in at 12,705 square feet, complete with 5 en-suite bedrooms, a vaulted great room, an indoor pool and spa, and even a wine cellar with its own tunnel.
Just steps away (well, one underground tunnel away) is the garage studio, a self-sufficient guest suite and off-grid command center with 5,000 gallons of propane and a 45-kilowatt generator. A 3rd structure, the 4-bedroom guesthouse, offers nearly 4,000 square feet of additional living space, 6 fireplaces, and wraparound decks facing the Teton Range.
A conservation-minded 117+ acre mountain compound
Nearly 70% of the estate’s 117.82 acres are protected under a conservation easement, which keeps the landscape open, wild, and untouched.
That means fewer neighbors forever — and the ability to enjoy the mountain environment without sacrificing space for 3 grandfathered residential structures, a rare allowance under today’s zoning restrictions.
A rustic hilltop home with no neighbors in sight
Tucked into the East Gros Ventre Butte within the exclusive Riva Ridge community, the estate occupies one of the highest and most secluded ridgelines in Jackson Hole.
No other homes are visible from the property — only the full sweep of the Teton Range to the west, the Elk Refuge to the east, and the lights of Jackson glittering in the distance. Wildlife is a constant companion here, with elk, moose, deer, and raptors making regular appearances.
The main lodge: 12,705 square feet of rustic elegance
Built in 2009, the main house feels like a luxury lodge you’d find inside Grand Teton National Park—right down to the timber trusses, massive stone fireplaces, and panoramic windows that frame the mountains.
With a vaulted great room and a chef’s kitchen
The vaulted great room flows into a chef’s kitchen and large dining space, while the five en-suite bedrooms are split across levels for added privacy.
With a large dining area with mountain views
The mountain views are best enjoyed from the elegant dining area, which features floor-to-ceiling windows framing unobstructed vistas.
And a primary bedroom with soaring ceilings
The primary suite gets the VIP treatment with its own terrace, sculpted marble soaking tub, and soaring ceilings. Two additional suites sit upstairs, overlooking the great room and treetops beyond.
Indoor pool with accordion glass doors and a view
One of the showpieces of the main house is the indoor pool and spa, designed for year-round use. Accordion glass doors open up to a mountain-facing patio, while marble surfaces add a refined finish to the wellness space. It’s the kind of amenity that turns winter into an asset — and the Tetons into the backdrop for a morning swim.
Lower level perks: wine cellar, gym, and a tunnel to the garage
Downstairs, the walkout lower level delivers on entertainment and self-care. There’s a 3-tiered home theater by Paradise Theater, a full gym with sauna and steam room, a game room, and an 1,800-bottle wine cellar with its own tasting area.
One more surprise? A private tunnel that links the cellar directly to the garage studio, complete with a dumbwaiter for easy transport.
A self-sufficient garage studio
The 1,695-square-foot garage studio serves multiple functions: guest suite, greenhouse, gear storage zone, and off-grid operations hub. It includes a private deck, en-suite bath, and kitchenette — plus a heated three-car garage, a greenhouse, buried propane tanks, and a 45-kilowatt generator.
It’s essentially a mountain basecamp that can keep running no matter what’s happening in the valley below.
A guesthouse with 6 fireplaces and serious Teton views
Set about 500 yards from the main house, the 3,978-square-foot guesthouse is a full home unto itself.
It features 4 bedrooms, three-and-a-half baths, and multiple fireplaces, with a warm, timbered design inspired by the silhouette of the Grand Teton. Guests get their own driveway, wraparound deck, hot tub, and lower-level firepit patio, giving them privacy and views that rival the main house.
With rustic interiors just as inviting as the main lodge
While still considerably smaller than the main home, the sizable guest house borrows some of the best design elements used throughout the lodge — including beamed ceilings, timber trusses, oversized windows, rustic chandeliers, and stone fireplaces.
Spring-fed ponds, flowing water, and endless views
Beyond the structures, the land itself is what sets Riva Ridge Reserve apart. Three spring-fed ponds and a system of live water wind through the acreage, reflecting the ever-changing sky and drawing wildlife year-round.
Whether watching sunrises over the Tetons or catching the shadow of a moose moving across the field, this estate will offer future residents front-row seats to the rhythms of the wild.
More stories
The post Massive 117-acre off-grid property — with National Park lodge vibes — wants $39.5M in Jackson Hole, WY appeared first on Fancy Pants Homes.
English