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Wildernest Sports building sold

New owners and future plans for Teton Village landmark unknown.
The 1965 Teton Village building that currently houses Wildernest Sports, as well as a number of other businesses, has a new owner. BRADLY J. BONER / NEWS&GUIDE
RICHARD ANDERSON, JACKSON HOLE, WYO.
January 02, 2013

 One of the first structures to be built at Teton Village sold late last week, though details about the new owners are sketchy.

RPK III LLC — whose partners include Manuel Lopez, Mark LaJohn, Bob Graham and Karen Terra — sold the Wildernest Sports building to an entity listed in records the Teton County clerk posted online Friday as Northclub LLC.

No additional information about the buyers was available at press time. Staffers at the county clerk’s office pointed to a stack of an estimated 400 documents they had received in an end-of-the-year rush that needed to be scanned and entered into the county database. The paperwork for the property transfer was likely in that pile, an office worker said, and would not be available online for one to two weeks.

Sandwiched between the Crystal Springs condominiums and the Jackson Hole Mountain Resort’s Tram Dock at 3275 W. Village Road, the building is a prominent structure in Teton Village.

Its 2012 market value was listed in county documents as $4,456,978 — $3,664,773 for the land of lot 202 and $792,205 for improvements. The assessed value was $423,412.

The building is home to Wildernest Sports, a ski and outdoor sports shop, and also houses a bar, snack bar, the offices of Teton Gravity Research, some hotel rooms and other commercial ventures, Lopez said Tuesday.

The complex dates back to 1965. It was built by resort founder, Paul McCollister, Lopez said. Back then, it was called Seven Levels.

Ling Tung, the first music director of the Grand Teton Music Festival, and his wife at the time, Margo Walk, were other early owners, having bought the building from McCollister. Village Center LLC, of which Walk was a member, sold it to RPK III in August 2004, county records show.

“I don’t know who the [new] owners are,” Lopez said. “I don’t know what they intend to do. All I know is the leases for the time being, until they redevelop, will continue.”

Lopez said the name of the former owners, RPK III, is a reference to ski patrol code for “really good conditions” on Rendezvous Peak.

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