This is a fun option to dining in town (lunch gives you unreal mountain vistas in all directions, dinner lets you see the light show that is Ketchum/Sun Valley from above at night). You ride the gondola up Bald Mountain from the River Run access point right to the door of the restaurant (there are a few stairs - 20? - once you get there) which, as the name implies, is circular and recently remodeled to look like its original glory days when Clark Gable, Gary Cooper, Bing Crosby and Ernest Hemingway hung out. We reserved the entire lower level for a big Christmas party and it was great. Good food, wine and a really unique location.
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