Bar BC – Snake River Proximal – Riva Ridge
Beginning in proximity to the confluence of the Snake and Gros Ventre Rivers and extending north to the southern boundary of Grand Teton National Park lies the most expensive real estate in the North of Town market area, and arguably some of the most expensive in all of Teton County. In 2001, the north end of the ranch of former Wyoming Senator Cliff Hansen was subdivided, creating three Gros Ventre River-fronting lots which sold for prices approaching eight figures. These transactions corroborated what had previously only been intuited (as the Hansen family had not parted with any of the precious land to that point) – that discerning buyers were willing to pay a premium for this area’s most extraordinary properties. The precedent set by these transactions enticed the Perot development entity of Hillwood Development to purchase 1,400 acres of the Hansen property and create Bar BC Ranch, a residential development offering 35 – 50 acre homesites. These homesites not only benefit from seclusion and Teton Range views, but Bar BC ownership also allows residents to access a system of walking trails and private Snake River Access. Furthermore, the development of building sites on Hansen Mountain now provides some of the best elevated views of the granite spires of the Teton Range in Teton County. Bar BC is not the only development to benefit from this location. The 2005 sale of approximately 508 acres of the Bar-B-Bar Ranch resulted in the creation of 35-40 acre parcels with Snake River frontage that have commanded prices exceeding eight figures. While these two subdivisions are perhaps the most prominent developments in the area, sites of similar appeal extend northward to the southerly boundary of Grand Teton National Park. Furthermore, although less proximal to live water, the subdivision of the north end of East Gros Ventre Butte resulted in creation of Riva Ridge, a development comprised of several 35-40 acre homesites with stunning elevated views of the Teton Range over the Snake and Gros Ventre Rivers.