In this contribution, we report the synthesis and full characterization of the first mixed-valence Ru(II)/Ru(III) ion-pair complex, [Ru-II(bipy)(2)(pic)](+)[cis-(RuCl2)-Cl-III(pic)(2)](-), in the solid state and in aqueous solution, where bipy = 2,2'-bipyridine and pic(-) = picolinate. In addition, unexpected high-frequency electron paramagnetic resonance evidence for interactions between two neighboring Ru(III) ions, resulting in a triplet state, S = 1, was found.