Editor’s Note: This article was updated to reflect the fact that Prugh Real Estate listed the property.
TETON VILLAGE, Wyo. — The Alpenhof, a bavarian lodge built in 1965 at the base of Jackson Hole Mountain Resort, is on the market for $50 million. Prugh Real Estate listed the property.
The original owners, Dietrich and Anneliese Oberreit sold the Alpenhof to Ed and Susan Cunningham in 1988, who have owned it since. Ed passed away in April 2022, prompting the sale, according to a report by the Jackson Hole News&Guide, published in September.
According to the listing, the lodge has 38 rooms and a single two-bedroom suite on just over .75 acres on two separate commercial lots.
“The Cunningham family has decided to look for the next steward to operate this Teton Village landmark. While they would like the property to remain the same, they understand a new owner may add on to the current 38,929 sqft or redevelop completely,” states the listing.
According to the listing, current zoning would allow approximately 84,942 sqft above ground space not including basement or parking, with 151 APOs or 75 hotel rooms/37 condominiums. The hotel, business assets, and resort liquor license are included in the sale.
Another Teton Village property, Four Seasons Resort and Residences, was recently acquired by Host Hotels & Resorts for $315 million.