Jackson Hole Mountain Retreat Pending Sale at $16.19M After 40 Days

A newly built, Ward Blake-designed home in Teton Village’s Granite Ridge is pending sale for $16.19 million after 40 days of auction marketing. The result underscores strong demand for rare ski-in properties at the base of Jackson Hole Mountain Resort.

Why it matters: - The pending sale shows continued demand for rare ski-in homes in Teton Village. - The property combines new construction, a coveted Granite Ridge address and direct access near Jackson Hole Mountain Resort. - The sale also points to the speed luxury auction marketing can create for distinctive listings.

What happened: - Concierge Auctions said a newly built mountain residence at 7750 North Lower Granite Ridge Road is pending sale for $16.19 million. - The home spent 40 days in auction marketing before reaching pending status. - The property was listed for $19.995 million in cooperation with Jake Kilgrow of Jackson Hole Sotheby’s International Realty. - Six bidders competed for the home. - The residence sits in Granite Ridge in Teton Village.

The details: - The home was designed by Ward Blake. - New West Building Company completed the residence in 2024. - The property offers ski-in access at the base of Jackson Hole Mountain Resort. - The Great Room features floor-to-ceiling windows and mountain views. - Four ensuite guest bedrooms are on the main level. - The upper level includes a private primary suite, a junior suite and an office or den. - The lower level includes a media room, wet bar, wine room, sauna, gym and flex space. - Outdoor amenities include a built-in hot tub, gas fireplace, outdoor kitchen with a Wolf grill and gathering areas. - Radiant heat was added to the front entry walkway and back patio. - Grand Teton National Park is nearby and offers hiking, mountain biking, rafting and golf. - Jackson offers galleries, shopping, dining and the National Museum of Wildlife Art. - Jackson Hole Airport is about 25 minutes away. - Property images are available on Concierge Auctions and are credited to David Agnello, Jeremy Gaitan, Orion Willets and LuxHunters. - The closing will fund part of Concierge Auctions' Key For Key® giving program with Giveback Homes. - For more information, property details and diligence documents, visit the company’s announcement or call +1.212.202.2940.

Between the lines: - Granite Ridge has limited inventory, and very few homes there are new. - The quick timeline suggests buyers responded to the combination of design pedigree, location and ski access. - The strong bidding activity signals the property stood out even in a high-end resort market. - Concierge Auctions framed the result as evidence that a distinctive home can draw serious interest quickly when marketed broadly.

What's next: - The transaction is expected to move toward closing. - The Key For Key® program will receive funding tied to the completed sale. - Agent compensation will follow the terms of the listing agreement. - Full auction terms and conditions remain the governing reference for sale details.

The bottom line: - Rare new construction in one of Jackson Hole’s most coveted enclaves found a buyer fast, and the auction process helped compress the timeline.