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Caldera House
Teton Village, Wyoming, United States · Independent · Grand Luxury
Eight suites sit in a 70,000-square-foot house of glass, cedar, and patinaed copper at the foot of the Jackson Hole tram, as close as you can sleep to the 10,450-foot Rendezvous Mountain lift. Wesley Edens and partners spent about six years and a reported hundred million dollars getting it built; CLB Architects designed the building, Commune the interiors, each suite with a chef's kitchen and a wood-burning fireplace. Hotel guests use the members' Alpine Club. MICHELIN gave the house Two Keys in 2025.
- 8 rooms
- Opened 2018
- Neighborhood: Jackson Hole/Teton Village
- Architect: Carney Logan Burke Architects
- Interiors: Commune
About Caldera House
- Conceived and led by Wesley Edens, co-owner of the Milwaukee Bucks, alongside partners including Michael Novogratz, at a reported cost of about 100 million dollars over six years.
- Designed by Carney Logan Burke, the same Jackson firm behind the Jackson Hole tram building, with interiors by Commune of Los Angeles.
- Holds just eight suites plus a members' club, sited at the base of the tram in Teton Village and named for the crater-like caldera landscape.
- Guests have included Gigi Hadid and Bode Miller; the property earned MICHELIN Two Keys in 2025.
History
Teton Village, the cluster of development at the base of Jackson Hole Mountain Resort, grew through the ski-boom decades of the latter twentieth century as a practical support zone for the resort — lodging, gear shops, and après-ski spaces organized around the main lifts. The tram station, which delivers skiers to the 10,450-foot summit of Rendezvous Mountain, anchors the village and draws the most serious alpine skiers in the American West. Caldera House was conceived as the definitive response to that context: a property designed specifically for guests who regard skiing as the primary purpose and luxury as the appropriate frame around it. The project was led by Wesley Edens, co-owner of the Milwaukee Bucks, alongside three partners who shared his passion for winter sport and his appetite for an experience that felt nothing like a conventional ski hotel. Designed by CLB Architects — the Jackson firm responsible for some of the valley's most considered modern buildings, including the resort's tram building itself — Caldera House occupies a 70,000-square-foot six-level structure on a sloped lot steps from the tram.
The design mandate was to capture the romance of the golden age of skiing while reading contemporary and livable rather than nostalgic. The result is a facade of glass, wood paneling, stone, black steel, and patinaed copper, with interiors mixing cedar, white oak, walnut, and regionally sourced stone. The hotel opened to guests in 2019 with eight suites — four two-bedroom and four four-bedroom — each fitted with a chef's kitchen, wood-burning fireplace, heated bathroom floors, and private balconies with mountain views. The Alpine Club at Caldera House operates as a members-only complement to the hotel, with dedicated locker rooms, ski preparation services, a gear shop, and a members' lounge; hotel guests receive full club access. The scale is deliberately tiny.
Eight suites, an Italian restaurant, a cafe, a spa, and a heated outdoor plunge pool — no more, and nothing superfluous. At a resort village where proximity to the tram is the ultimate amenity, Caldera House is as close as it is possible to be. MICHELIN recognized the property with Two Keys in 2025, confirming its status as the most exclusive mountain base in the American West.
The setting
9 miles from Highway 26.
Restaurants and bars
- Corsa — Restaurant · Italian
- Member's Lounge — Bar
Experiences
- Private events — Holiday parties, rehearsal dinners, cocktail receptions and weddings hosted in on-site spaces, with catering menus featuring seasonal produce and local game.
Amenities
- Spa
- Pool
- Sauna
- Hot tub
- Fitness center
- Pet-friendly
Awards
- MICHELIN Two Keys (2026)
Open Caldera House in the atlas for live weekend rates, photos, and the full folio.
More hotels in Teton Village
- Four Seasons Resort and Residences Jackson Hole — Four Seasons · Grand Luxury
- Snake River Lodge & Spa (Faraway Jackson Hole) — Independent · Near Luxury