The versatile teenager, who can operate at centre-back or in midfield, has been compared to Blues captain John Terry by the Italian tactician.
Jones, who has also been tipped for an England call-up, has admitted he has modelled his game on the Stamford Bridge favourite and fellow international Rio Ferdinand.
The 18-year-old has impressed after being thrust into Premier League action by Sam Allardyce and is keen to focus on producing the goods at club level.
Jones said: "I just keep playing well for Blackburn and if the England thing happens, it happens.
"It's nice that Chelsea have been watching me and I read what Ancelotti said. I've had a bit of stick from the lads though.
"I definitely want to play at the very top.
"Terry is someone I always admired when I was growing up. I watched him a lot. Him and Rio Ferdinand were the players I modelled myself on."