If you’ve ever wondered what $21 million worth of elbow room looks like in Jackson Hole, the answer might be two adjacent 40-acre parcels in one of the valley’s most coveted neighborhoods, Spring Gulch.
According to a recent report by Cowboy State Daily, the rare properties are heading to auction and are being marketed as much for their wildlife and views as for the homes already sitting on the land.
And in true Jackson Hole fashion, the neighbors aren’t exactly quiet suburban types. Think moose, wide-open ranchland, and unobstructed Teton sunsets.
Where the Properties Are Located
The parcels sit in the Spring Gulch / Stonecrop area north of Jackson, one of the valley’s historic ranching zones.
Approximate Location:
- Area: Spring Gulch / Stonecrop Ranch area
- Distance from Jackson Town Square: ~3.7 miles north
- Nearby landmarks: Spring Gulch Road corridor, ranchlands between Jackson and the north valley
- Setting: Central valley location roughly between Jackson and the northern valley communities.
That central location is a major selling point. As one broker noted, you can be 10 minutes from Town Square while still feeling like you’re living in the middle of a wildlife refuge.
The Property Details
Individual Parcels
Parcel 1:
- Price: $9,950,000
- Size: 40.63 acres
- MLS: 26-266
Parcel 2:
- Price: $11,400,000
- Size: 40.59 acres
Both lots are being marketed together for $21.35M but can technically be listed individually.
| Feature | Details |
|---|---|
| Parcels | Two adjacent lots |
| Size | ~40 acres each (≈80 acres total) |
| Asking Value | ~$21.4 million combined |
| Orientation | West-facing views toward the Tetons |
| Setting | Large-lot ranchland enclave |
| Wildlife | Frequent moose sightings |
What makes these parcels especially rare is the sheer amount of land.
According to the report, only about 10 vacant land listings in all of Teton County exceed 35 acres, making side-by-side properties like these almost unheard of in today’s market.
Zillow Listing
Price: $21,350,000
Total Land: 81.22 acres
Location: 990 & 1100 W Pine Siskin Rd, Jackson, WY
Listing Brokerage: Jackson Hole Sotheby’s International Realty
A Piece of “Old Jackson Hole”
The Stonecrop and Spring Gulch area represents what many longtime locals consider “old Jackson Hole.”
Large ranch parcels, open pasture, and low density development still dominate the landscape, a contrast to the tighter subdivisions that have appeared in other parts of the valley.
One broker described the enclave as defined by:
- Privacy
- Large land holdings
- Expansive mountain views
In other words, the type of Jackson Hole people picture before they see the real estate listings.
Why the Auction Matters
Jackson Hole real estate is famous for its scarcity, but large acreage parcels are the rarest of the rare.
In recent years:
- Billionaires have purchased massive ranches across Wyoming.
- Luxury estates continue pushing valley prices higher.
- And open land near town has become increasingly hard to find.
These two parcels check several boxes buyers chase:
✔ Close to town
✔ Large acreage
✔ Teton views
✔ Wildlife habitat
Plus, the ultimate Jackson Hole selling point: Your backyard might double as a moose nursery.
AntlersArch founder and the voice behind Teton Tattle.
