R
eal‑estate investor Jon Rotenstreich is putting his 21‑acre Jackson Hole ranch on the market for $40 million as he plans to downsize. The property, located near the Wyoming‑Idaho border and a short drive from Grand Teton National Park, sits on a quarter‑mile stretch of the Snake River and features a spring‑fed pond fed by Ely Springs Creek. The waters are home to abundant trout, while moose and elk roam the surrounding forest.

    Rotenstreich, a founding principal of Alabama‑based Bayer Properties, which was acquired by Dallas‑based Centennial in 2022, and his wife Susan spend most of their time in New York City but have used the ranch for family vacations and summer retreats. The estate includes a 5,906‑sq‑ft Western lodge built from log, stone, timber and reclaimed wood. Two wings house six bedrooms and six bathrooms, a great room, dining area and a stone‑alcove office. Large windows frame views of the creeks and nearby mountains, and the home is fully furnished and ready for move‑in.

    A two‑bedroom guest cottage sits amid trees and creeks, while a detached, heated garage—capable of serving as a barn—provides covered parking. Adjacent to the garage is a 1,728‑sq‑ft studio suitable for work or storage. A kitchen garden, enclosed by a hand‑woven willow fence, offers space for flowers and herbs.

    The ranch’s proximity to Yellowstone (about four hours away) and its abundant wildlife make it an attractive retreat for those seeking a blend of luxury and nature. Benzinga and Yahoo Finance LLC may receive commissions on sales linked through the provided listings.