Jon and Susan Rotenstreich are asking $40 million for the 21-acre compound in Jackson Hole that they built from the ground up in the 1990s. The Alabama-based investor and his wife transformed the land into a sprawling Western-style retreat, anchored by a 5,900-square-foot main house and a two-bedroom guest cottage. NewPARA The renovation was a labor of love, not just money. According to The Wall Street Journal, the couple lived in the small guest cottage for years while expanding the main structure. They hired local craftsmen to build a main staircase with a handrail custom-measured to Susan’s grip. A local blacksmith forged the fireplace tools, and a carpenter crafted the birch cabinets. Every detail, from the woven willow fence around the kitchen garden to the bookcase made from a halved canoe in the guest cottage, reflects a specific, time-intensive commitment to the property.
The land itself is the real draw. The estate borders a section of the Snake River, featuring a small island habitat for moose, elk, and deer. Susan Rotenstreich told the Journal that the family snowshoes there in winter. The grounds also host a 1,730-square-foot barn, an art studio, and a teepee where grandchildren have slept and the family has roasted s’mores.
Why sell now? The couple says it is time to downsize, though they plan to keep visiting Jackson Hole. They declined to disclose their original purchase price, citing Wyoming’s status as a nondisclosure state. Listing agent Latham Jenkins of Live Water Properties noted to the Journal that real estate values in the area have surged since the pandemic, with sustained demand at the top end of the market.
The property is located in the Ely Springs subdivision near Jackson. No inspection date or closing timeline has been announced, but the $40 million tag places it among the most expensive residential listings in Teton County this year.