An Alabama couple bought 21 acres in Jackson Hole in the 1990s: The wider industry impact

An Alabama couple bought 21 acres in Jackson Hole in the 1990s: The wider industry impact

PC: LATHAM JENKINS/ The Wall Street Journal

An Alabama couple who bought a 21-acre property in Jackson Hole in the 1990s has spent decades turning it into a family retreat with a Western-style lodge, guest cottage and creek and riverfront grounds. Investor Jon Rotenstreich and his wife, Susan, initially lived in the two-bedroom guest cottage while renovating and expanding the main house to about 5,900 square feet. The compound also includes a 1,730-square-foot barn, an art studio, a teepee and a section of the Snake River. Now, after years of summers, holidays and family visits, the Rotenstreichs are listing the property for $40 million.

Because they feel it is time to downsize, although they still plan to visit Jackson Hole, the couple said they are selling.

Listing agent Latham Jenkins of Live Water Properties told the Journal that real-estate values in the area have risen sharply since COVID and said the top end of the market continues to see demand. The property is in the Ely Springs subdivision near Jackson. You use AI every day. Now get your AI Quotient. Take the AIQ test.

They expanded the main house to about 5,900 square feet, according to The Wall Street Journal. A 1,730-square-foot barn contains a workshop, while a teepee is also located on the grounds. PC: LATHAM JENKINS/ The Wall Street Journal The Rotenstreichs are now selling the Jackson Hole property for $40 million.

Susan Rotenstreich said the family can snowshoe there during winter. After purchasing the property, the Rotenstreichs initially lived in the two-bedroom guest cottage while renovating the main house. Details were added throughout the home, including a main staircase with a handrail made by a woodworker who measured Susan’s hand to customise the size of the grip. The property also includes a garage with an art studio, where Susan, a former jewellery designer trained as an energy healer, liked to paint. The couple’s grandchildren have slept in the teepee, and the family has used the area for campfires, songs and roasting marshmallows and s’mores. The Jackson Hole compound includes both the creek and a section of the Snake River. A small island in the middle of the Snake River provides habitat for moose, elk and deer. The property also has a kitchen garden outside the main house, enclosed by a fence made from woven willow branches. The interiors were also developed in a Western style, with the Rotenstreichs using local craftsmen during the renovation. A local blacksmith handmade all of the fireplace tools, while a carpenter made furniture and decorative birch cabinets. The guest cottage includes a bookcase made from half of an old canoe, and the furniture in the home is included in the asking price. The compound includes a six-bedroom main house and a two-bedroom guest cottage. The couple declined to disclose how much they originally paid for the property, with the Journal noting that Wyoming is a nondisclosure state.

An Alabama couple bought 21 acres in Jackson Hole in the 1990s: The wider industry impact

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