The Aspens
Live in an exclusive Jackson Hole community with all your basic needs without frequent 10-minute drives to the town of Jackson. Homeowners at the Racquet Club, most often called the Aspens by locals, enjoy great convenience. You’ll have a grocery store, a bank, athletic facilities, restaurants, dry cleaners and even a pool right in the neighborhood.
Wilson and Teton Village are both a five-minute drive, as well, diversifying your options for dining and nightlife close by.
If you like to hit the slopes, you’ll especially appreciate proximity to Jackson Hole Mountain Resort. And a free shuttle from the Aspens means you don’t need to fight for parking in the boondocks at the mountain.
The community itself is a neatly forested subdivision at the confluence of Fish Creek and Lake Creek, both of which limit public fishing access. The Teton Range towers above the development. Many homeowners enjoy views of the Grand Teton and Jackson Hole Mountain Resort.
Looking to make a return on your property investment? The Aspens is a great place to do so as one of few places that allows short-term rentals in the valley. Both rentals and ownership both remain in high demand in the community.
History of the Aspens subdivision
The 120-acre Aspens subdivision created a landmark community with condominiums in the mix in 1971 and 1972 — the first of its kind in Jackson Hole outside of Teton Village.
The developers of the project — Chuck Luton and Floyd King — also played a part in developing Rafter J south of Jackson. The duo sold many properties of the planned 62 single-family lots, 378 condominium units and 10 commercial lots. Even so, by 1973 Luton had to sell his interest in the community due to a failing development outside of Wyoming.
The sale passed property into the hands of Racquet Club Ventures, which conceptualized a unified development plan compared to the first two independent condominiums Luton had developed.
Even as an independent developer in the community faced financial and legal trouble for a third set of condos, the Racquet Club project succeeded as they repurchased many properties to make it viable.
The developers imagined a Western tennis village, complete with condominium units sporting false fronts connected by covered boardwalks. A yacht designer, John O’Brien, designed the interiors for maximum efficiency in a compact space, including a galley-style kitchen and built-in bunk beds.
By spring 1974, the first O’Brien condos, as they’re now called because of their original architect, sprang to life. Buyers rushed in during an aggressive and coordinated marketing campaign that was barely slowed when two condo units in the first building burnt down.
Between 1974 and 1980, Racquet Club Ventures sold 300 O’Brien units and developed the core of the Aspens commercial area as other developers began building their own buildings.
Despite recessions and a national financial crisis, most major development in the Aspens finished up in 1990.
Contact JH Property Group to find your place at the Aspens.
