Riva Ridge Reserve, a 117-acre Jackson Hole ranch for sale, was recently featured in Robb Report’s Shelter: Celebrity Homes (August 28, 2025). The luxury publication profiled the one-of-a-kind property, listed by Latham Jenkins of Live Water Properties, calling it a “once-in-a-generation holding.”
Riva Ridge has a 12,705sqft main house and 4,000 sqft guest house on 117-acres
Owned by Dr. Jan Lundberg, the retired Eli Lilly Research Labs president behind the blockbuster drug Mounjaro, this Wyoming luxury estate blends scale, privacy, and architectural detail with sweeping 360-degree views of the Teton Range and Jackson Hole Valley.
The property features 3 ponds with live water connecting them
A Jackson Hole Ranch Offering Unmatched Privacy
Set within the exclusive 500-acre Riva Ridge community, the property is just 15 minutes from downtown Jackson. Nearly 70% of the acreage is protected by a conservation easement, ensuring wide-open views, abundant wildlife habitat, and long-term preservation—qualities that make Jackson Hole ranches among the most sought-after legacy properties in the American West.
The Great Room with Teton Range views
Luxury Lodge-Style Living
Completed in 2009, the hand-hewn log and stone lodge spans 12,700 square feet, featuring five en-suite bedrooms and nine baths. Highlights include:
- A soaring great room with a boulder-encased fireplace and antler chandelier
- A two-story library
- Chef’s kitchen with Wolf appliances and dual islands
- An 1,800-bottle wine cellar with tasting room
- Tiered theater, bar-equipped game room, gym with sauna and steam
- Heated indoor pool and spa opening to one of three ponds
4,000sqft Guest House with Four Bedrooms
Guest Accommodations and Infrastructure
A remarkable underground tunnel connects the main lodge to a one-bedroom guest suite above a three-car garage, complete with greenhouse and 45-kilowatt generator. A detached four-bedroom guesthouse provides further accommodations for family and friends, creating a true compound experience.
177-acre parcel with 180-degree views of the Teton Range
A Legacy Wyoming Property
With conservation protections, unmatched seclusion, and luxury improvements, Riva Ridge Reserve represents the best of Wyoming ranch real estate. As Robb Report notes, this is not just a home, but a rare opportunity to own a Jackson Hole legacy property designed for recreation, retreat, and generational stewardship.
View the listing website: RivaRidgeReserve.com
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