Imagine a home with an 1,800-bottle wine cellar, a private tunnel, and views of the Teton Range. The pharma exec behind Mounjaro is selling his extraordinary 117-acre Jackson Hole ranch for $40 million. What kind of lifestyle does that even entail?
Perched majestically on a ridgeline overlooking the picturesque Jackson Hole Valley, surrounded by the awe-inspiring Teton Range, a sprawling 117-acre Wyoming ranch formerly owned by retired Eli Lilly Research Labs president Jan Lundberg has entered the luxury real estate market with a formidable $40 million price tag. This exclusive Jackson Hole property offers an unparalleled blend of natural beauty and opulent living, epitomizing the grandeur of elite homes in the American West.
The estate’s magnificent main lodge, a masterwork of hand-hewn log and stone accents, spans over 12,700 square feet across three levels. Within its five en suite bedrooms and nine baths, residents and guests can immerse themselves in supreme comfort. A soaring, window-lined great room, crowned by a rustic antler chandelier and warmed by a massive boulder-encased fireplace, serves as the heart of this luxurious retreat, offering breathtaking views and an inviting ambiance.
Beyond the grand living spaces, the lodge reveals a two-story library, a haven for literary pursuits, and a formal dining room seamlessly flowing into a gourmet kitchen. This culinary dream is outfitted with custom cabinetry, dual islands, state-of-the-art Wolf appliances, and a cozy fireside breakfast banquette, making it perfect for both intimate meals and lavish entertaining.
The primary suite is a sanctuary of indulgence, featuring a private deck that commands sweeping vistas and an inviting bath highlighted by a sculpted marble soaking tub. Such meticulous attention to detail elevates the experience of this exclusive Wyoming ranch to an extraordinary level of sophistication and comfort, setting it apart in the competitive luxury real estate market.
Further enhancing the estate’s appeal are a host of high-end amenities designed for relaxation and entertainment. A sophisticated 1,800-bottle wine cellar with an adjoining tasting room caters to connoisseurs, while a tiered movie theater offers a cinematic escape. A bar-equipped game room provides lively entertainment, complemented by a gym with a sauna and steam room for wellness enthusiasts. The heated indoor pool and spa, featuring accordion-style glass doors, opens to a patio overlooking one of three tranquil ponds, blurring the lines between indoor luxury and outdoor serenity.
Adding to the property’s unique features is an innovative underground tunnel, seamlessly connecting the main house to a one-bedroom, one-bath guest suite perched atop a three-car garage. This detached structure also cleverly houses a greenhouse and a robust 45-kilowatt generator, ensuring the estate remains completely off-grid. Furthermore, a separate four-bedroom, four-bath guesthouse offers additional accommodation, providing ample space and privacy for a large family or numerous visitors to this expansive Jackson Hole property.
Nearly 70 percent of the ranch’s vast acreage is safeguarded by a conservation easement, meticulously preserving its natural splendor and preventing future development. This commitment ensures perpetual wide-open views and provides a pristine habitat, guaranteeing frequent sightings of elk, deer, moose, and various raptors. This harmonious balance of preserved wilderness and luxurious living defines the essence of these elite homes.
Since stepping down from Eli Lilly in 2018, Dr. Lundberg, a distinguished biopharmaceutical veteran, has continued to apply his extensive expertise, advising biotech firms, pharmaceutical companies, and academic institutions in drug discovery and development. While this magnificent Wyoming ranch is now for sale, the couple maintains a waterfront home in Florida, which serves as their primary residence, underscoring their diverse real estate portfolio.
