With the local ranch market picking up, the children of the late Arrabella Lee Simpson and Blake Vandewater have decided to sell the family's 389-acre Fish Creek ranch, with an asking price of $65,000,000. The ranch was the original homestead of the Simpson family, who gave the town of Jackson its name in the late 19th-century, and features prime agricultural and wilderness land, bordering the Teton National Forest on one side and bisected by a two-mile stretch of Fish Creek that makes for pristine private fly-fishing. It's also bordered by Teton Pines and the well-known Snake River Ranch.
Simpson and Vandewater were long-time locals that ran Jackson Hole Hardware and after that burned down, Vandewater's on Town Square. Simpson died in 1999, and Vandewater in 2009. Their family ranch joins 115 other properties of 100 or more acres around Jackson Hole.