Riva Ridge Reserve: A $40 Million Jackson Hole Legacy Compound That Can’t Be Rebuilt
Perched high atop East Gros Ventre Butte, Riva Ridge Reserve is more than a home—it’s a once-in-a-generation opportunity to secure one of the most unique estates ever offered in Jackson Hole. Listed at $40 million, this 117-acre private sanctuary blends Yellowstone-inspired architecture, conservation-protected landscapes, and grandfathered development rights that could never be replicated today. For discerning buyers seeking a rare combination of luxury, privacy, and permanence, this property stands alone.
A Landscape That Defines Jackson Hole
From its perch, the estate offers 360-degree panoramic views—the rugged peaks of the Teton Range, the Sleeping Indian, the wide-open National Elk Refuge, and the charming lights of downtown Jackson. Despite feeling completely secluded, the property is just 15 minutes from the Jackson town square.
Riva Ridge Reserve is as much a private nature preserve as it is a residence. Wildlife thrives here—moose, elk, mule deer, and soaring raptors move freely across the land, while live-water ponds stocked with native cutthroat trout provide a daily connection to the wild.
Adding to its irreplaceability, 70% of the acreage is secured by a conservation easement, ensuring the views and open space will remain unspoiled for generations.
Architecture on a Grand Scale
Spanning 18,378 square feet across three residences, the estate’s structures exceed today’s Teton County size limits by a wide margin. These grandfathered entitlements make the property impossible to duplicate under current regulations, cementing its value as a truly singular asset.
Main Residence (12,705 sq ft) – Inspired by Yellowstone’s lodges, the home features a soaring great room, chef’s kitchen, theater, wine cellar, gym with sauna and steam, and an indoor pool and spa. Five en-suite bedrooms ensure luxury and comfort for both family and guests.
Guest Lodge (3,978 sq ft) – Four additional bedrooms, six fireplaces, and expansive decks provide a warm, welcoming retreat for visitors.
Garage & Studio Compound (1,695 sq ft) – A heated three-car garage with living quarters, greenhouse, and studio loft connects via an underground tunnel and wine-cellar corridor, adding both functionality and intrigue.
Off-Grid Capability & Efficiency
Despite its scale, Riva Ridge Reserve is impressively self-sufficient. Equipped with a 5,000-gallon propane tank, 45-kW generator, and advanced systems, the estate runs sustainably with utility bills averaging less than $700 per month. This balance of grandeur and efficiency makes it a true modern retreat.
Why It’s a Smart Investment
Beyond its architectural beauty and lifestyle appeal, Riva Ridge Reserve offers several factors that make it an unparalleled investment:
Irreplicable Scale – With current county caps at 8,000 sq ft, estates of this size cannot legally be built today.
Conservation Protection – Conservation easements safeguard privacy, open space, and natural beauty in perpetuity.
Trophy Asset Appeal – High-net-worth buyers worldwide view Jackson Hole as both a lifestyle haven and wealth-preservation market.
Market Momentum – Jackson Hole real estate continues to outperform, with demand for legacy properties outpacing supply.
Digital Storytelling Power – As one of the largest and most unique listings in the valley, Riva Ridge Reserve garners outsized media attention—drawing buyers not only locally, but globally.
Closing: A Legacy in the Making
Riva Ridge Reserve is more than real estate—it’s a rare chance to own a protected piece of Jackson Hole history, secured by conservation, enhanced by architecture, and framed by the Tetons themselves.
For those seeking a trophy property that blends privacy, grandeur, and investment permanence, this $40M estate offers a legacy that simply cannot be rebuilt.
Contact Colby Carpenter with Keller Williams Jackson Hole for more information!