Breathtaking legacy Alta ranch, Sleepy Hollow, never before to market. Once in a lifetime opportunity, at a once in a lifetime price, to obtain one of the few classic Alta ranch properties in existence. Separately deeded 35 acre with three additional 5 acre parcels, custom log home, 2 accessory living quarters, barn with extensive horse and ranch facilities, 2 live water creeks, expansive 2+acre pond all set amidst complete solitude. Stunning Grand Teton and Grand Targhee Mountain Resort views that appear to rise from the doorstep of this amazing property just a stones throw from National Forest. Surrounded by thick groves of Aspen and Conifer, the property provides complete and total privacy all while mere minutes from the center of the Town of Driggs, and Grand Targhee Mountain Resort. Adjacent the main home is a large detached 4 car garage with a a 1 Bed, 1 bath living quarters above. Both the main home and detached garage living quarters step out onto the serene elevated NW facing patio overlooking the pond. Perfect for summer evening relaxing, dinners and delightful morning hours alone, or with friends and family. The truly spectacular patio is accented by a walkway to a dock perfect for sitting in the sun, or fishing. This rare find which is grandfathered to allow 2 accessory dwelling units, which is a very limited commodity in Teton Co, WY is complete with all horse ranch facilities. The property boasts a barn with well finished stables below a 1 Bed, 1 Bath caretakers quarters, multiple paddocks, multiple corrals, run-in shed, outdoor riding arena, multiple fenced pastures, 80X65 hay and equipment shed, tack rooms, chicken coop and more. The property also offers a wonderful, well built, and sturdy, greenhouse with irrigation and power ventilation. To the southwest of the main 35acres lie two elevated and separately deeded 5 acre parcels that are included in the sale. Both parcels offer tremendous privacy, Grand Teton views, creek frontage and marvelous foliage. A third separately deeded parcel, adjacent to the subjects, is available for purchase at additional cost. Located just minutes from the base of Grand Targhee Mountain Resort, National Forest and the town of Driggs, the property is very well located with the bounty of top notch amenities and recreational opportunities Teton Valley has to offer right at your fingertips.
Single-familyProperty Type
1987Year Built
50 acresLot Size
$1,729Price/Sq.Ft.
4 car garageParking
Listed by Fall Line Realty Fall Line Realty Group• Compass Real Estate
There isn’t enough information to generate an accurate estimate at this time. Learn More
Earn from this home
Rent
$4,170/mo
Redfin rental estimate
List your home for rent
Market trends in 83414, WY
Last updated August 2026
Homes Sold Above List Price
0.0%
NaN% MoM
Median sale price
$4.5M
$999 MoM
Avg. days on market
12d
0 days MoM
Recently sold homes
1
0 MoM
Provided by Redfin
Sale history for 2040 N Stateline Rd
Date
Event
Price
TBOR #22-2397
May 5, 2023
Sold
—
Aug 17, 2022
Listed
$9,995,000
$1,729/sq ft
TBOR #22-2734
Sep 20, 2022
Listed
$6,995,000
$1,210/sq ft
Public Records
Oct 27, 2021
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$38,914 (+33.3%)
$289,421 + $301,981
$591,402
2024
$29,182 (+44.2%)
$379,708 + $305,410
$685,118
2023
$20,236 (+100.3%)
$308,571 + $216,293
$524,864
2022
$10,101 (+51.9%)
$188,207 + $169,549
$357,756
2021
$6,651 (+50.3%)
$12,062 + $166,242
$178,304
2020
$4,425 (−14.0%)
$8,755 + $106,042
$114,797
2019
$5,144 (+17.0%)
$12,062 + $67,647
$79,709
2018
$4,397 (−4.5%)
$12,062 + $75,403
$87,465
2017
$4,603 (+1.1%)
$12,062 + $64,810
$76,872
2016
$4,553 (+8.4%)
$12,062 + $64,810
$76,872
2015
$4,201 (+18.3%)
$12,062 + $64,411
$76,473
2014
$3,552
Tax history for 2040 N Stateline Rd
Year
Property tax
Land + Additions
Assessment*
2025
$38,914 (+33.3%)
$289,421 + $301,981
$591,402
2024
$29,182 (+44.2%)
$379,708 + $305,410
$685,118
2023
$20,236 (+100.3%)
$308,571 + $216,293
$524,864
2022
$10,101 (+51.9%)
$188,207 + $169,549
$357,756
2021
$6,651 (+50.3%)
$12,062 + $166,242
$178,304
2020
$4,425 (−14.0%)
$8,755 + $106,042
$114,797
2019
$5,144 (+17.0%)
$12,062 + $67,647
$79,709
2018
$4,397 (−4.5%)
$12,062 + $75,403
$87,465
2017
$4,603 (+1.1%)
$12,062 + $64,810
$76,872
2016
$4,553 (+8.4%)
$12,062 + $64,810
$76,872
2015
$4,201 (+18.3%)
$12,062 + $64,411
$76,473
2014
$3,552
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
35.09 Acres
Year renovated
—
Sq. Ft.
3,816
Year built
1987
Style
Single Family Residential
County
Teton County
APN
R0015237
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
Jan 14, 2026 • Final
Engineering
Grading
Jul 19, 2024 • Final
Planning
Perform plan-level grading work.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 4
Parking Features: Gravel, Garage Door Opener
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
# of Three Quarter Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Cooling: None
Has Heating
Heating: Baseboard
Interior Features
Interior Features: Cathedral Ceiling(s)
Furnished: Furnished
Flooring: Hardwood
Room Information
Has Basement
Basement Details: Finished
Exterior
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Deck, Patio, Porch
Fencing: Fenced
Roof: Metal, Shake
Building Information
Above Grade Finished Area: 806
Below Grade Finished Area: 1,664
Construction Materials: Log, Stucco, Wood Siding
Property Features
Waterfront Features: Creek, Stream, Pond
Has View
Pets Allowed: Yes
Horses Allowed
Other Structures: Greenhouse, Guest House, Storage
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: Wooded, Landscaped, Waterfront
Road Surface Type: Gravel, Asphalt
Lot Size Acres: 50
Zoning Description: Single Family
Financial
Tax Information
Tax Annual Amount: $6,665
Utilities
Utility Information
Water Source: Private, Well
Sewer: Septic Tank
Location
Location Information
Subdivision Name: None
Community Information
Community Features: Fishing
Public facts
Beds: —
Baths: 3.0
Sq. Ft.: 3,816
Stories: 2.0
Lot Size: 35.09 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: —
County: Teton County
APN: R0015237
Home facts updated by county records on Jul 6, 2026
Around this home
Schools
Alta Elementary School
Public K-5 • Assigned • 2.1mi
10/10
Jackson Hole Middle School
Public 6-8 • Assigned • 25.2mi
6/10
Jackson Hole High School
Public 9-12 • Assigned • 25.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
1/10 Heat Factor
3 days above 84° expected this year, 8 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
0 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Alta, WY • 83414
Average low and high temperatures (°F)
29
13
36
21
45
28
50
30
62
39
70
45
80
53
79
53
71
46
57
35
42
26
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4 hours in December, placing it above the
U.S. average for solar exposure.