December 23, 2015 Real Estate News
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Transcript of December 23, 2015 Real Estate News
185 West Broadway Jackson Hole, WY (888) 733.9009
NEWS REAL ESTATE
®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates LLC. An Equal Oppor tunity Company. Equal Housing Oppor tunity. Jackson Hole Sotheby’s International Realty is Independently Owned and Operated.
Wednesday, December 23, 2015
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JACKSON, WY – The Winter 2016 edition of Jackson Hole Sotheby’s International Realty’s Catalogue of Fine Properties is currently available in all nine offices throughout the region and through selected partners. New for Winter 2016 are the addition of Micro-Market Reports, designed to provide at-a-glance statistics on specific sub-markets throughout the Jackson Hole Region. The reports offer data on unit sales, volume, average and median pricing, as well as pricing per square foot or acre during the last year. Contact your Jackson Hole Sotheby’s International Realty agent for additional analysis and information. For a comprehensive inventory of listings, detailed property information, additional photos and more visit jhsir.com or speak to an agent at 307.733.9009.
JACKSON, WY – The sale of several large properties throughout the course of the year have helped to push total annual sales volume for Jackson Hole Sotheby’s International Realty to within five percent of its record high of $759,296,199 set in 2007. Current sales figures for the year-to-date ending November 30 reflect a 27% increase over sales volumes for 2014. Leading the way in vacant land sales was the sale of two adjoining parcels north of Jackson early in the year. The lots in the Bar BC East Development, bordering lands
protected by Grand Teton National Park and the BLM, were listed for $9M and $9.5M. Also north of Jackson, the largest residential sale of the year for the brokerage was the “Linger Longer River Ranch” in the Bar B Bar Ranch. The 72-acre property comprises of a 7,600 sq. ft. main home, a 4,624 sq. ft. “bunkhouse,” and a 2,070 sq. ft. “recreation home” on two adjacent ranch lots. Additional features of the property include Snake River frontage, enhanced creeks and ponds, and direct views of the Cathedral Group of the Tetons. The listing was offered at $22M. The final quarter of the year saw the highly-anticipated closing of a ten-acre tract of commercially-zoned land held by the U.S. Forest Service. The land, which had been under contract several times
previously and was being offered for $12M, had been rezoned to allow dense residential development amidst a desire to address workforce housing within Teton County. Proceeds from the land sale, bordering the National Elk Refuge, will allow the Bridger-Teton National Forest to renovate their existing offices and facilities on an adjacent lot. Jackson Hole Sotheby’s International Realty agents brought both the buyers and sellers in each of these transactions.
LUXURY PROPERTIES DRIVE NEAR-RECORD SALES
The above data has been compiled from Teton County Board of Realtors Multiple Listing Service data through November 30, 2015 and supplemented with additional brokerage data. Although the foregoing data has been compiled from sources deemed to be reliable, JHSIR does not guarantee its authenticity. It is intended for informational purposes only, is subject to prior sale, omission, error, revision and cancellation without notice, and should be independently verified with the source of such information.
CATALOGUE OF FINE PROPERTIES AVAILABLE NOW by Staff Writers
JACKSON HOLE MOUNTAIN RESORT AGAIN NAMED #1 SKI RESORT IN NORTH AMERICAForbes Magazine bestows top honors to Jackson Hole Mountain Resort for 2016 by Staff Writers
TETON VILLAGE, WY – Saturday, December 19th marked the official celebration of the 50th Anniversary of the Jackson Hole Mountain Resort amidst a season already full of celebration. This years’s addition of the highly anticipated Teton Lift and on-slope dining at Piste Mountain Bistro have undoubtedly helped to elevate the resort in the annual rankings by Forbes Magazine, who describe it as a “perennial favorite of the [Pure Awesomeness Factor] algorithm.”
Regardless of the tongue-in-cheek algorithm name , Jackson Hole garnered a score of 99—based on data compiled by ZRankings. Forbes author Christopher Steiner highlights “the terrain at Jackson Hole to be the best in North America... its lifts are the best, the snow is excellent and its dining and all around game continues to rise....” Also noted in the rankings was the expanded air service in and out of Jackson Hole Airport (JAC). The airport is offering non-stop outbound flights to thirteen cities throughout the country, making it easier than before to access the legendary skiing of Jackson Hole.
2015 Sales Volumes ApproachRecord 2007 Levels by Staff Writers
#Units SalesVolume AvgSalesPrice MedianPrice $/S.F $/AcreLand 9 $23,700,000 $2,633,333 $2,650,000 NA $2,022,184Residential-Condo/Townhouse 35 $54,062,020 $1,544,629 $1,175,000 $858 NAResidential-FractionalUnits 20 $2,014,880 $100,744 $80,000 $53 NAResidential-SingleFamily 7 $36,250,000 $5,178,571 $4,300,000 $1,088 NA
TetonVillage
JACKSON HOLE SOTHEBY’S INTERNATIONAL REALTY MICRO MARKET REPORT
FOUR SEASONS RESORT | SNAKE RIVER LODGE & SPA | TETON PINES | HOTEL TERRATETON MOUNTAIN LODGE | JACKSON HOLE RACQUET CLUB | VILLAGE MARKET
JACKSON, WY | DRIGGS, ID
PAGE 2 • REAL ESTATE NEWS, Wednesday, December 23, 2015
307.413.3955 | [email protected] | REALTYGROUPJH.COM
REALIZING JACKSON HOLE DREAMS FOR OUR CLIENTS SINCE 2003
ROB DESLAURIERS
BEST PRICED LOT IN GRANITE RIDGE
$2,295,000. #14-249.
FOUR SEASONS FULL OwNERSHIP CONDO
$2,825,000. #15-2909.
Rob DesLauriers, Associate Broker
STEEPED IN HISTORYExtreme Skiing Pioneer and Top-Producing Broker
Rob DesLauriers Skiing His Favorite Mountain
• Jackson Hole Opens, 1965• Rob DesLauriers Opens Corbet's West Wall, 1989• Teton Mountain Lodge, 2002• Hotel Terra Jackson Hole, 2008• Teton Village Property Expert Since 2000
TETON MOUNTAIN LODGE 2 BEDROOM CONDO
$895,000. #15-2995.
THE SKI CHALET AT JACKSON HOLE
$9,500,000. #15-3021
NEW LISTING
TOP FLOOR HOTEL TERRA SUITE
$995,000. #14-1332.
Rob DesLauriers dropping the iconic Corbet's Couloir in 1989 during the filming of The North Face Skiing Extreme II.
Original Poster & Photos: Focus Productions, Bob Woodall & Wade McCoy. Skiers Rob DesLauriers & Doug Coombs focusproductions.com
CELEBRATE 50 YEARS of JACKSON HOLE andEXPLORE with an EXPERT
REAL ESTATE NEWS, Wednesday, December 23, 2015 • PAGE 3
Front Line Ski-In/Ski-Out Building SiteExtremely rare opportunity to acquire one of 4 remaining undeveloped true ski-in/ski-out building sites at the legendary Jackson Hole Mountain Resort. Unmatched views of the Sleeping Indian, Jackson Peak, Snow King and Gros Ventre Mountain Range. $4,000,000. #15-405.
Jackson Hole’s Finest Ski Properties
Fantastic Building Site in Shooting StarDirect views of the legendary Jackson Hole Mountain Resort, the Sleeping Indian and Fish Creek frontage can be found from this level building site in the Shooting Star subdivision. $2,850,000 #15-2977.
Ski-In/Ski-Out townhome centrally located in the Village Core at the base of the Jackson Hole Mountain Resort. This 3 bedroom, 3 and 3/4 bathroom residence is very spacious and features an open floor plan, underground parking, and easy walking distance to shops and restaurants. $1,895,000. #14-2777.
Jake KilgrowAssociate Broker
307.413.2822 • [email protected] W. Broadway, Jackson Hole, WY
Ski-In/Ski-Out Tram Tower Townhome
PAGE 4 • REAL ESTATE NEWS, Wednesday, December 23, 2015
Patty HartnettAssociate Broker | 307.690.3371 | [email protected]
Exquisite Home in Teton PinesThis exquisite home offers exceptional views protected by conserved ranch land. The expansive great room, dining area, and gourmet kitchen are ideal for family and entertaining. This home also has 5 bedrooms, a den and a large deck. #14-56.
$4,300,000
Crystal Springs Slopeside CondominiumThis 2 bedroom, 2.5 bathroom Crystal Springs condominium is located at the base of the Jackson Hole Mountain Resort. The unit has one underground parking space, two personal ski lockers, and access to world class skiing just out your back door. #15-2830.
$1,600,000
theTriple Creek Ranch
Three private trout spring creeks meander through 39 beautiful acres. This park like setting is located north of the Town of Jackson in the heart of Jackson Hole. Along with spectacular Snake River cutthroat trout fishing, enjoy abundant wildlife that includes frequent visits from moose, elk, deer, trumpeter swans and many other waterfowl!
The property includes a 5,825 square foot home with a 1,000 square foot guest house and a four stall barn with expansive pastures. The main house boasts a stunning great room, spacious gourmet kitchen, a beautifully appointed master suite and three additional guest suites. The property provides stunning panoramic views and uncompromised privacy.
Price Upon Request #15-370
Bill SullivanAssociate Broker
307.413.0077 | [email protected]
CHARLIE ROSS, ASSOCIATE BROKERJackson Hole Sotheby’s International Realty
C H A R L I E
R O S SGrand Teton National Park
[email protected] | www.charlierossrealestate.com
Direct: 307 739 8128 | Mobile: 307 413 7449
Contemporary RanchStyle in Rafter J
This is a lovely home that has been
remodeled and updated in a contemporary
style with new floors, trim lighting,
windows and appliances. The wonderful
southwest facing deck offers lovely views
of Munger Mountain and the Snake River
range.
$639,000. #15-2700.
Exceptional Grand Teton ViewThe 49 acre property is located at Bar BC Ranch. The site
enjoys DRAMATIC views of the Grand Teton, Snake
River, Sleeping Indian, Spring Gulch meadows and
Yellowstone to the North. Architectural renderings and
engineering analysis included. $6,900,000. #14-671.
REAL ESTATE NEWS, Wednesday, December 23, 2015 • PAGE 5
Immerse yourself in the sanctuary of Jackson Hole. Mercedes Huff and her team deliver unparalleled service with an easy going approach. Let Mercedes, Laurieand Molly find your perfect Jackson Hole location.
MERCEDES HUFF, Associate Brokermercedeshuff.com | phone 307.739.8135
SanctuaryFind yours in Jackson Hole.
John Dodge HavenYou’ll love listening to sounds of the freely, flowing creek from every room of this completely renovated John Dodge residence. Set among 4 acres of pristine lawns and huge conifers, you’ll enjoy your direct views of the Grand Teton. $6,250,000. #15-1860.
Dreamlike Setting in WildernessDon’t miss this incredible opportunity to own one of the best kept secrets in Wilderness Ranches! Situated on 3 incredibly private acres at the north end of Tucker Lake, this home exudes warmth and charm. $4,200,000. #15-2649.
307-413-3814 www.propertiesjacksonhole.com
Top Producers 2013/2014 [email protected]
CHRIS GRANT
(307) [email protected]
EXPERTISE - HARD WORK
INTEGRITY - TEAM APPROACH
WOODSIDE ESTATE | 6 BEDROOM, 7 BATH | 6,800 SQ. FT. | PRICE UPON REQUEST
PAGE 6 • REAL ESTATE NEWS, Wednesday, December 23, 2015
Jane Carhart, Associate Broker(307) 413-8961 • [email protected]
JacksonHoleLuxuryProperties.com
This 5.5 acre mountain home has it all. The Indian Paintbrush
setting has hiking and biking trails at your doorstep. The property’s
secluded location is adjacent to USFS and Crescent H open space.
Spectacular views of the Snake River, Munger Mountain and the
Gros Ventre Mountains can be enjoyed from the spacious deck.
The beautiful 2,854 square foot log house and 861 square foot
guest house offer amenities including a pool house with an endless
swimming pool, hardwood floors, high-end appliances and a large
outdoor hot tub to enjoy after a day of playing in Jackson Hole!
3 bed, 3 bath, 2,854 sq. ft. $2,295,000. #15-2087.
Quintessential Mountain Retreat
CHRISTIAN CISCOASSOCIATE BROKER307-699-1390 [email protected] Jackson Hole is a very special community & setting - consult with an expert.
Two Elevated Estate Lots in 3 Creek RanchTeton Views | Private Golf & Fly Fishing Community
3 Creek Ranch is a private and gated golf and fly fishing community offering the very finest and modern amenities available in Jackson Hole. Estate lots 35 & 36 offer elevated mountain views in every direction including dead on views of the Grand Teton.
Lot 362.21 Acres
$1,295,000. #15-1119
Lot 352.59 Acres
#1,595,000. #15-1120
Waterfront Estate Home in Teton SpringsWaterfront | Mountain Views | .44 Acres
$985,000. #15-1770
4 Kearsley Lane is one of the first and most architecturally significant homes built in Teton Springs. This estate quality home affords waterfront views over Rainbow lake and the fifth green of the Championship Headwaters course at Teton Springs.
to learn more:JacksonHoleExclusive.com
Superb Location in theTown of Jackson
Superb location just off the banks of Flat Creek and a short walk to the town square. Two blocks from the bus stop to Teton Village. Beautiful views up Saddle Butte. Fresh interior paint, new carpets and window coverings. This condo is in excellent condition and ready for possession. MLS# 15-2735.
Peter SelkowitzAssociate Broker
REAL ESTATE NEWS, Wednesday, December 23, 2015 • PAGE 7
307.739.8149 TomEvansRealEstate.com
Tom Evans, Associate Broker
Melinda Day, Sales Associate Valerie Conger, Sales Associate
Experience the beauty of Jackson Hole from this special property set along the banks of Fish Creek and rising along the rolling hillsides for exquisite views of the valley.
Known as the Lazy Moose Ranch, this 128.01 acre property is immaculately maintained and boasts the rare privilege of Fish Creek frontage, providing the scenic and acoustic pleasures of live water, year round. Comprised of four parcels including 2 upper ranch parcels (70.51 acres and 44.21 acres) and 2 Fish Creek frontage parcels (7.31 acres and 5.98 acres), this property offers the owner an opportunity to reconfigure and/or split the property into additional parcels with development rights.
MLS # 14-2988 & 15-3. Price Upon Request.
John Hanlon, Associate Broker
Linda Hanlon, Sales Associate
307.413.1874 BuyJacksonHole.net
THE HISTORICLAZY MOOSE RANCH
PAGE 12 • REAL ESTATE NEWS, Wednesday, December 23, 2015
ELEGANTLY APPOINTED HOME & LOTThe 3,800 square foot home is sited on a .72 acre lot and has had impressive custom updates. The .63 acre lot to the south has Wilson Faces and golf course views. Both properties are located on the 15th fairway of Teton Pines.Home | $3,865,000. MLS #15-2563. Lot | $1,325,000. MLS #15-2574.
GREENS PLACE GEMLocated on highly desirable Greens Place, this well-maintained, custom four bedroom home offers comfort and elegance with Teton Pines country club amenities just across the ninth fairway. $3,750,000. #15-2970.
TRANQUILITY AND VIEWS IN TETON PINESThis 5100+ square foot home has formal living and dining rooms, a den and office, eat-in kitchen with butler’s pantry, three guest en suites plus master guest en suite, three garage stalls, exercise room, a seasonal stream & mountain views.$3,950,000. #15-1397.
Updated in 2014, this one level home with over 4,800 square feet has five bedrooms, five and a half baths, hardwood floors, vaulted ceilings, a gourmet kitchen and is located on the 18th fairway of the Teton Pines golf course.$4,200,000. #15-2575.
WATERFRONT SANCTUARY WITH A VIEWTETON PINES RETREAT
Bordering nearly 100 acres of protected ranch land, this stunning and private custom home offers a ground-level-living floor plan that includes the luxurious master bedroom en suite. $4,850,000. #15-1766.
Built with ageless grace, this Teton Pines Country Club home on a 1.2 acre lot with a beautiful pond has Teton views from every north-facing window, four en suite bedrooms, soaring ceilings, an elevator, lush lawns and gardens and so much more.$4.950,000. #15-1773.
Your Guides to the Jackson Hole Lifestyle.
SPACKMANS & ASSOCIATESBabbs, Brandon, Dave, Stephanie & Liz
307.739.8156
POLISHED ONE LEVEL HOME
Opportunities in Teton Pines
Price Reduced