Lost Creek Ranch is one of Teton County’s most iconic and exclusive guest ranches. And it’s for sale for the first time in 50 years, listing at $39.5 million.

There’s a picture window in the main lodge at Lost Creek in northwest Wyoming that’s worth more than just 1,000 words.

That picture window frames an iconic view of the Tetons, one that once prompted Teddy Roosevelt to say, “These are the first mountains I’ve seen that look like mountains should.”