A sprawling Wyoming ranch long owned by retired Eli Lilly Research Labs president Dr. Jan Lundberg has just hit the market. Perched on a ridgeline above the picturesque Jackson Hole Valley surrounded by the Teton Range, about 15 minutes from downtown Jackson, the 117-acre spread is for sale at a dash under $40 million. Latham Jenkins of Live Water Properties holds the listing.
Records show that the current pharmaceutical consultant—a key figure behind the development of the diabetes-turned-weight-loss drug Mounjaro—and his longtime wife Anna acquired the property in 2021. Set within the exclusive 500-acre Riva Ridge community and described as a “once-in-a-generation holding,” the compound was originally built in 2009.
A formal dining room with majestic mountain views opens to a patio with an outdoor kitchen.
Latham Jenkins/Live Water Properties
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Five en suite bedrooms and nine baths can be found in the hand-hewn log and stone-accented main lodge, which has a little more than 12,700 square feet across three levels. In addition to a soaring window-lined great room topped by a rustic antler chandelier and warmed by a massive fireplace encased in boulders, other highlights include a two-story library and a formal dining room that flows to a gourmet kitchen outfitted with custom cabinetry, dual islands, Wolf appliances, and a fireside breakfast banquette.
Elsewhere is a primary suite featuring a private deck and an inviting bath spotlighted by a sculpted marble soaking tub, plus an 1,800-bottle wine cellar with a tasting room, a tiered movie theater, a bar-equipped game room, and a gym with a sauna and steam room. A heated indoor pool and spa has accordion-style glass doors opening out to a patio overlooking one of three ponds.
The indoor pool and spa opens out to a patio alongside a pond.
Latham Jenkins/Live Water Properties
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Also on the completely off-grid estate is an underground tunnel that leads from the main house to a one-bedroom, one-bath guest suite atop a three-car garage that’s also outfitted with a greenhouse and a 45-kilowatt generator. There’s also a detached four-bedroom, four-bath guesthouse. And with nearly 70 percent of the overall acreage under a conservation easement that prevents development, the property also ensures wide-open views paired with plenty of elk, deer, moose, and raptor sightings.
Since retiring from Eli Lilly in 2018, the biopharmaceutical veteran has been using expertise to drive drug discovery and development at biotech firms, pharmaceutical companies, and academic institutions. In addition to their Wyoming estate, the couple also owns a waterfront home in Florida that serves as their primary residence.
Click here for more photos of the Jackson Hole residence.
Latham Jenkins/Live Water Properties
Source: Luxury - robbreport.com
