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For more information on this property, contact Chad Budge at 307-413-1364 or

Jackson, Wyoming WY 83001
Price: $48,000,000
Listing ID 21-777
Status Active
Bedrooms 7
Full Baths 7
Total Baths 9
Partial Baths 2
SqFt 13,300
Acres 127
Year Built 1998

Property Description:

Please take our ''virtual tours'' of each home shown in the photos tab. This extraordinary Estate is located just north of the town of Jackson, along the Gros Ventre River. The property consists of 3 parcels, for a total of 127 acres, with a private pond fed from the spring creek and the Gros Ventre River, with stunning views of the majestic Teton Range.The main home is approximately 13,300 sq. ft. has 7 bedrooms, all en-suite, 2 powder rooms & 10 wood burning fireplaces. The many gathering areas include 1 sitting room off the kitchen & 2 additional areas adjacent to the guest bedrooms on the main & second levels. The cozy library on the 2nd level is ideal for relaxing by the fireplace with a book. The sun room is the perfect spot for wildlife viewing with the awe inspiring pond and the Tetons as a backdrop. The main home consists of amazing hand crafted log construction, oak floors, spacious office, & commercial grade kitchen, all with superb mountain views. The charming guest house contains 2 bedrooms, 2 baths plus a loft and is approximately 1,945 sq. ft. There are 2 wood burning fireplaces in the guest house. A recreational easement exists for an additional 3 neighboring parcels which includes Elk Run Estate. Therefore the new owners will be able to enjoy the use of these additional parcels for fishing, hiking, biking, picnicking, etc. Only 2 other homeowners are granted the use of this easement. Some of the best fly-fishing in the valley can be accessed by the owners of Elk Run, along the confluence of the Snake & Gros Ventre Rivers and a large spawning spring creek. One of the parcels of Elk Run is vacant and will allow for development rights, adhering to only Teton County regulations. The property of Elk Run is one of the most beautiful properties that exists in the entire Rocky Mountain region of the U.S. The 127 acres has large mature conifer and native deciduous trees, with a river from the Gros Ventre mountain range that meanders serenely through the magnificent property. This is truly a fly-fishing and environmental paradise, with bald eagles nests also gracing this estate. Herds of elk roam freely, along with moose, & mule deer. The private pond has many opportunities to canoe, swim and fish, all in the privacy of your back yard. This pond attracts swans, bald Eagles, Red Tail Hawks & Osprey. This exceptional estate enjoys incredible privacy and is in close proximity to the town of Jackson, the JH Ski Resort, the Airport, Grand Teton and Yellowstone National Parks. Jackson Hole is an exceptionally unique place in many ways. As part of the largest intact ecosystem in the lower 48 states, our valley offers nearly 1.2M acres of designated wilderness, over 30,000 miles of roads and trails and thousands of miles of unspoiled rivers and streams. Our scenery is spectacular and destined to stay that way. Less than 3% of the land in Jackson Hole is privately owned. The remaining 97% is protected, for we are surrounded by National Forest lands, Jackson Hole Land Trust holdings and two National Parks. These parks are home to a large variety of wildlife, including grizzly bears, wolves, moose, bison & elk. Our scenic corridors, trail systems, bike paths into National Forest lands, abundant streams, and rivers will remain protected. They are available for our use for downhill/cross country skiing, hiking, biking, white-water rafting, boating & fly fishing. Another important aspect which is quite compelling, is that we have no state income tax, no state capital gains tax, no inheritance tax, no estate tax, no gift tax or intangibles tax and very beneficial state laws regarding the creation of trusts, including dynasty trusts. Therefore, many people designate their Jackson Hole home, at some time during ownership, as their primary residence for very significant tax savings on the state tax level. Culturally, Jackson Hole boasts a multitude of artistic organizations. The Center for the Arts is a 41,000 sq. ft. center with a theatre, music classes and rehearsal space. The Center offers space for 20 non-profit organizations creating an atmosphere of collaboration and inspiration. The Grand Teton Music Festival has just celebrated its 60th year and has inspired countless audiences with world class concerts by the nation's finest orchestra players. The National Museum of Wildlife Art is especially unique, distinguished by its mission and location. Situated just outside of the town of Jackson, the museum overlooks the 20,000 acre National Elk Refuge and is en-route to Grand Teton & Yellowstone National Parks. There are also approximately 40 art galleries in Jackson Hole, featuring the best of Western & Contemporary Art. The Jackson Hole Mountain Resort is legendary with 2,500 acres of inbound terrain and an average of 459 inches of snowfall each winter. Forbes Magazine has ranked the ski resort #1 in North America for the seventh year running, which is a great honor, as Forbes takes into consideration the entire resort experience from terrain and snowfall to lifts and ease of access. Jackson Hole has several highly regarded golf resorts from which to choose, including Teton Pines, JH Golf &Tennis, 3 Creek Ranch and Shooting Star. The designer of the Shooting Star course is Tom Fazio and no living designer has more credits than Fazio on Golf Digest's list of America's 100 Greatest Golf Courses and Golfweek's collection of America's best. The award winning golf course at 3 Creek Ranch was designed by the famed Rees Jones. It is recognized by Golf Digest as the #1 Course in Wyoming, and Travel and Leisure Golf ranks it as the 2nd best new course in the world. The Jackson Hole community is well known for its philanthropic spirit. The Community Foundation of Jackson Hole and "Old Bill's Fun Run" have raised more than $190 million to fund over 120 non-profit organizations. Each year the funds raised touch the lives of everyone in Teton County. Jackson Hole is truly one of the most beautiful places in the world with a small town feel and offering a lifestyle environment that is very unique to our area. Jackson Hole's population is approximately 10,500 with superior schools, an excellent hospital, low crime rate and the benefits for family life here are plentiful. The splendor of Jackson Hole with the majestic Teton Mountain Range is a year round paradise!

Basic Features

Listing Price: $48,000,000
Acres: 127
SqFt: 13,300
Bedrooms: 7
Total Baths: 9
Full Baths: 7
Partial Baths: 2
Year Built: 1998
Garage Type: Attached
Subdivision: ZZZ--VOID--Do NOT Use
Amenities: Balcony, Cable, Cathedral Ceiling, Central Vac, Garage Door Opener, Gas Heating Stove, Guest House, Hardwood Floors, Hi-Speed Internet, Landscaped, Patio, Porch, Security System, Terrace, Water Front, Wet Bar
View: Grand Teton View, Mountain View, Scenic, Sleeping Indian View, Teton View, Water View, Wyoming Range Views
Area: 05 - Skyline Ranch to Sagebrush Dr
Construction: Log
Rent/Lease: neither
Zoning: Single Family
City: Jackson
County: Teton
State: Wyoming
Status: Active
Postal Code: 83001
Listing ID: 21-777

Additional Features

Main Floor SqFt: 6650
2nd Floor & Above SqFt: 6650
Basement: None
Half Baths: 2
Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Trash Compactor, Washer
Common Name: Elk Run Estate
Driveway: Asphalt, Chipseal
Exterior: Log
Exterior Trim: Oak
Flood Zone: Unknown
Air Conditioning: None
Heat: Forced Air Ducts, Propane In-Floor, Radiant Heat Panels
Fuel Type: Electric, Oil, Propane
Furnished: Furnished
Garage SqFt: 1950
Number of Stalls: 4
Ground Floor Master Bedroom: no
Guest House Baths: 2
Guest House SqFt: 1945
Hardwood Floors: Oak
Horses Allowed: yes
Number of Horses Allowed: 10+
House Style: 2 Story
Interior Trim: Oak, Reclaimed Barn Wood, River Rock
Lot Number: Parcels 4, 5 & 6
Propane Tank: Owned
Property Features: Cable to Property, Conservation Easement, Electric to Property, Fishing, Flat, Not in Subdivision, Phone connected to Home, Pond, River Access, River Frontage, Stream, Trees, Wooded Lot, Year Round Access
Property Type: A
Roof: Comp Shingle
Special Rooms: Eat-in Kitchen, Loft, Mud Room, Pantry, Study, Sun Room
Tax Year: 2020
Taxes: 132581.8
Sewer: Septic (existing)
Water: Well
Water Softner: None
Wood Fireplaces: 10+

Zoning Info


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Chad Budge

80 W. Broadway
Jackson, WY 83001
Phone: 307-413-1364

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