$8,900,000
Jackson, WY 83001
MLS# 16-1154
Status: Closed
3 beds | 4 baths | 4217 sqft
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Property Description
This property is currently under contract; the seller is seeking backup offers. This 35 acre Ely Springs Ranch property is located in one of the most pristine and scenic areas in Jackson Hole, located between the Snake River and the town of Jackson. This property is adorned with an array of vegetation and wildlife and bordered by conservation property to the west. The property has a full view from Glory Bowl to the Tetons. The land has a beautiful mix of mature cottonwood and evergreens on the west side and east side of the property, while the rest of the property is a meadow with a creek running through it. This parcel has been given a Planned Residential Development (PRD) designation.
Details
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Documents
Listing Information
Current Price: $8,900,000
Status: Closed
Listing Price: 8900000
Effective Date: 2016-05-11
Property Info
Realtor.com Type: Residential - Single Family
House Style: 2 Story
Year Built: 1979
Last Major Remod: 1986
Main House Total Bedrooms: 3
Main House Baths-Full: 2
Main House Baths-Half: 2
Main House Total Baths: 4
Main House 2nd Flr & Above SqFt: 731
Ownership: Single Family
Main House-Main Level SqFt: 3486
Main House Garage Type: Detached
Main House # Stalls: 2
Main House SqFt: 4217
Guest House SqFt: 1000
Overall Total Bedrooms: 3
Overall Total Baths: 4
Overall Livable SqFt: 5217
Acres: 35.41
Horses Allowed: Yes
Location, Legal & Taxes
Common Name: D-Ring Ranch
Number: 955
Compass Point: S
Street: ELY SPRINGS
Street Suffix: Road
County: Teton
State: WY
Zip Code: 83001
Area: 09 - South of Jackson to Snake River Bridge
Subdivision: Ely Springs
Zoning: Single Family
Ann. HOA Fee $: 2800
Taxes: 12241.4
Tax Year: 2015
Legal Description: See Exhibit ''A''
Remarks & Directions
Possession: At Closing
Compensation and Showing Info
Agent Owned: N
Buyer Agent: Y
Buyer Agent % or $: 2.5
Status Change Information
Under Cont. Date: 2016-09-30
Sold Date: 2016-11-30
Seller Concessions: No
Ground Flr Mstr Bdrm
Ground Flr Mst Bdrm: Yes
Property Features
Surface Water Rights: 1
Fireplace
Propane #: 2
Wood #: 1
Marketing Name
MarketName1: D-Ring Ranch
Property Features
Water: Well
Sewer: Septic (existing)
Basement: None
Construction: Stick Built On Site
Exterior: Log Siding; Wood
Furnished: Unfurnished
Amenities: Deck; Fenced; Guest House; Hardwood Floors; Horse Set-up; Landscaped; Storage Shed
Property Features: Adjacent Open Space; Creek Frontage; Electric to Property; Flat; Wooded Lot; G-Land Conservation
Roof: Metal
Fuel Type: Electric
Heat: Forced Air Ducts
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Driveway: Gravel
View: Glory Bowl; Grand Teton View; Mountain View; Teton View
Lifestyle: Equestrian/Polo; Mountain; Ranch/Farm
Supplements
The estate is nestled in the heart of a stunning, secluded environment that is boarded by a Jackson Hole Land Trust conservation easement. This easement will prevent any further development from occurring on the land between the property and the Snake River. The parcel has also been given a Planned Residential Development (PRD) designation. Final Teton County Approval has been given granting an additional home site on the property, and the ability to split the parcel. Roughly 11 acres of the 35-acre property has been designated for 20,000 sq. ft. of development. This designation provides a buyer with the flexibility to split the parcel into two lots or keep maintain the property's 35-acres of land. Additionally, the estate is designated horse land by the county allowing for a functioning horse farm to reside on the property.
Currently, the property boasts a 4,300 sq. ft. log home, a 1,000 sq. ft. guest house, and large horse barn. Views from the kitchen face Glory Bowl Mountain and look towards Rendezvous Mountain at Jackson Hole Mountain Resort. The main house has a large master suite to the north and two large bedrooms with a shared bathroom on the second floor. A formal dining room overlooks the creek to the east and the property's sprawling meadow to the west. The potential for this property is endless and the house's setting on the creek cannot be duplicated with today's county regulations.
The Ely Springs Ranch Estate is emblematic of the best of Jackson, WY. The estate boasts unobstructed Teton Range views, protected Jackson Hole Land Trust property to the west, and a direct proximity to the center of Jackson. This property will become your home in the heart of the Tetons.
Legal Description 
Listing Office: Jackson Hole Sotheby's International Realty
Listing Agent: Ian Osler
Last Updated: August - 02 - 2022
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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