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Investment Highlights
- The Only Off-Mountain Commercial Lodging in Alta, Wyoming
- Independent and Unencumbered
- Highest-Rated Property in the Competitive Set
- 8.3 Million Annual National Park Visitors at the Doorstep
- Fee Simple Ownership on a ~100,000 SF Parcel
- Multiple Value-Add Pathways
Executive Summary
CBRE Capital Markets is pleased to present for sale the Teton Teepee Lodge, an 18-room mountain lodge in Alta, Wyoming, located approximately 6 miles from Grand Targhee Resort.
Built over fifty years ago and operated continuously under family ownership, the Lodge has served as the Teton Valley's adventure basecamp for generations of skiers, climbers, hikers, and national park visitors, a role it continues to fill today. The property is being offered as an independently branded, management-unencumbered hospitality asset.
The Lodge sits at the intersection of several strong demand drivers. Grand Targhee Resort averages 500+ inches of annual snowfall and was recently named the Best Overall Ski Resort Worldwide. Grand Teton and Yellowstone National Parks draw a combined 8.3+ million visitors annually. Teton County, Wyoming has ranked as the wealthiest county in the United States for 21 consecutive years. And the broader Teton Valley, anchored by Driggs, Idaho, has experienced 33%+ population growth since 2010, with a real estate market that recorded its second-largest dollar volume in history in 2024. For decades, the Teton Teepee has been the gathering point for visitors drawn to these assets, a place where the trip begins and ends.
The property includes 18 guest rooms, a historic cabin, and communal spaces centered around the signature "Great Teepee Room", a large central gathering area with a stone fireplace that gives the Lodge its identity. That room, and the communal culture built around it, is what has made the property a known name in Teton Valley outdoor circles for over half a century. The layout is creekside along the Alta Ski Hill Road corridor, in a market where total on-mountain resort inventory is fewer than 60 rooms. The Lodge's proximity to Targhee and its experiential format are difficult to replicate given the limited development opportunity in Alta.
For more information, visit www.CBRE-Tetons.com
Built over fifty years ago and operated continuously under family ownership, the Lodge has served as the Teton Valley's adventure basecamp for generations of skiers, climbers, hikers, and national park visitors, a role it continues to fill today. The property is being offered as an independently branded, management-unencumbered hospitality asset.
The Lodge sits at the intersection of several strong demand drivers. Grand Targhee Resort averages 500+ inches of annual snowfall and was recently named the Best Overall Ski Resort Worldwide. Grand Teton and Yellowstone National Parks draw a combined 8.3+ million visitors annually. Teton County, Wyoming has ranked as the wealthiest county in the United States for 21 consecutive years. And the broader Teton Valley, anchored by Driggs, Idaho, has experienced 33%+ population growth since 2010, with a real estate market that recorded its second-largest dollar volume in history in 2024. For decades, the Teton Teepee has been the gathering point for visitors drawn to these assets, a place where the trip begins and ends.
The property includes 18 guest rooms, a historic cabin, and communal spaces centered around the signature "Great Teepee Room", a large central gathering area with a stone fireplace that gives the Lodge its identity. That room, and the communal culture built around it, is what has made the property a known name in Teton Valley outdoor circles for over half a century. The layout is creekside along the Alta Ski Hill Road corridor, in a market where total on-mountain resort inventory is fewer than 60 rooms. The Lodge's proximity to Targhee and its experiential format are difficult to replicate given the limited development opportunity in Alta.
For more information, visit www.CBRE-Tetons.com
Property Facts
| Sale Type | Investment | Building Size | 12,477 SF |
| Property Type | Hospitality | No. Rooms | 18 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| Lot Size | 2.25 AC | ||
| Zoning | SF | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.25 AC |
| Building Size | 12,477 SF |
| No. Rooms | 18 |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | SF |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 18 | $71.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R0011693 | Improvements Assessment | $67,779 |
| Land Assessment | $169,839 | Total Assessment | $237,618 |
Property Taxes
Parcel Number
R0011693
Land Assessment
$169,839
Improvements Assessment
$67,779
Total Assessment
$237,618
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