8 minute read

Luxury Condo/Townhouses

Luxury Condo/Townhomes

$5+ MILLION

LUXURY CONDO/TOWNHOMES are few but not far between in Jackson Hole, and all but one is located in Teton Village. Currently, 136 units qualify for the Jackson Hole Luxury Report -- being worth $5+ million.

This reduction in Luxury units is due to the current definition of “Luxury” in Jackson Hole. The breakdown is as follows: 38 units in the Four Seasons Hotel; all 21 Granite Ridge Lodges; 70 units in Shooting Star (Lodges or Cabins); one in Snake River Lodge & Spa; four in Crystal Springs Lodge; one in the Tram Towers, and one in the Town of Jackson.

At mid-year 2021, the number of Luxury condo/townhome sales were up 400% from 2020, as there were no sales over $5 million in the first six months of 2020. Of the four sales, three were in Shooting Star and one in Crystal Springs. 70 Shooting Star (Lodges or Cabins)

Four Seasons Hotel

Granite Ridge Lodges

Crystal Springs Lodge

Town of Jackson

Snake River Lodge & Spa

Tram Towers

38

21

4

1

1

There are four Luxury townhomes currently listed. They range in size from 2,200 to 3,800 sq. ft. Prices range from $5.3 to $12.5 million.

1

CONDO/TOWNHOMES UNDER CONTRACT

There are NO Luxury townhomes currently under contract or reservation. This is a first in the Luxury Condo/Townhome market.

CURRENT LANDSCAPE

MLS shows four Luxury units listed—all in Teton Village. They range in size from 2,200 to 3,800 sq. ft. and prices range from $5.3 to $12.5 million. Two are in the Four Seasons Residence, one in the Residence at the Snake River Lodge & Spa and one in the Tram Towers. Three are furnished and all four allow shortterm rentals. Please contact us for a complete list of available Luxury townhouses.

Jackson Hole Report Podcast

Tune into our Podcast at jhreport.com for a current, and more in-depth conversation about the current real estate market.

MOST EXPENSIVE LUXURY CONDO/TOWHOME SALE

TO DATE

Shooting Star – Lodges at Fish Creek

The 3-bedroom, 3,301 sq. ft. cabin, built in 2015 is the perfect home for Buyers looking for a turn-key property that encompasses everything Jackson Hole has to offer. Bordered by a beautiful seasonal stream with great views of the ski area, Lodge 8 is the perfect property for those looking for Luxury living a stone’s throw from all the amenities of Shooting Star and Teton Village. The beautiful JLF & Associates lodge has dramatic views up the tramline. The property allows short-term rentals and has excellent rental history. Sold fully furnished.

Listed for $5.5 million in 2018, the sale price was not disclosed.

MOST EXPENSIVE LUXURY CONDO/TOWHOME LISTING

AT THIS TIME

Four Seasons Private Residence

Combining the best of Four Seasons service and outstanding amenities, discover just how effortless life can be at the base of the Jackson Hole Mountain Resort in this rarely offered Slopeside Private Residence. Owners enjoy private access directly to skiing in the winter and hiking/biking in the summer from this 3,800 square foot condominium. This unit features a gourmet kitchen, three en-suite bedrooms, an extra sleeping loft, private hot tub, large stone fireplace, private parking garage, and a spacious mud room, all within two stories of luxury living. Impeccably finished and furnished, this timeless mountain styled condominium lives like a home yet offers convenience and ease of ownership that only the Four Seasons can provide.

LIST PRICE $12.5 MILLION

LIST WITH US

For the Seller

Our extensive market knowledge will help you to price your property in this ever-changing market, and our marketing expertise will ensure that you sell your property in a timely manner for the highest possible price. Respecting the unique characteristics of each and every property, we believe that every listing requires a different marketing strategy. We will develop a customized plan for you; market updates, showings, open houses and revised marketing plans are scheduled according to your desired frequency. We are skillful negotiators and will work to make the entire process, from start to finish, as streamlined as possible. We will live up to your high expectations.

NEW!

Engel & Völkers Signature Film

Our Signature Films capture the imagination of buyers around the world allowing them to experience the unique lifestyle and distinctive features of your property.

Visit 165Huckleberry.com to view an example. We will provide you with the most accurate, in-depth data in the Jackson Hole market,

helping to value your listing accurately. Armed with analysis, we will then price your property according to your needs.

We know the market better than anyone else

because our extensive database tracks every real estate transaction in Jackson Hole. Only 66% of sales went through the local MLS in 2018. When pricing your property, you cannot rely on only 2/3 of the data.

We will expose your home to our extensive list of former and current buyers.

We always use a professional photographer

and will be on site for the shoot to ensure that every room is shot at the best angle. Drone photography for aerial photos are available as well.

We are truly connected to the Engel & Volkers network of over 9,000 advisors and

750 shops in 37 countries across the globe, including to all divisions of E&V such as E&V Aviation, E&V Yachting, and the E&V Polo School, to ensure the property is marketed to the longstanding clientele of our 40-year-old brokerage.

The property will be on “Shop TV” which is the same channel of rotating properties played on displays at each E&V shop in the United States and Canada.

We hire a professional copywriter to help us with content for brochures, ads, and the property website.

Your property will have the most extensive online presence offered. We know about operating costs and can advise potential buyers accordingly.

Your property will be featured on the Engel

& Völkers website, which attracts many brokerage prospects.

We will conduct open houses to expose your property to other local realtors, one of the most valuable ways to show off your property and find a buyer.

We will market your property through the Teton County Multiple Listing Service (MLS),

exposing your listing to over 500 agents in the region who can help us find a buyer.

We will create a personal website for your

listing: For all listings above $3 million, and for those special listings under $3 million, we will build a custom website highlighting all of your property’s special features. The listing’s website address will be included in all advertising to make sure luxury buyers can find it.

We will produce an in-house, color brochure

for your property and make it available in our brokerage, on the web, on your yard sign, and to every prospective buyer who previews your property.

We will advertise your property in the Jackson Hole News & Guide and the Jackson Hole

Daily, by far the most widely distributed print media in Jackson Hole and the entire region.

We do more to ensure your property is sold for the highest price in a professional and timely manner. As part of a brokerage driven to provide excellent service to our clients and customers, we welcome the opportunity to add you to our long list of successful relationships.

BUY WITH US

For the Buyer

When you’re in the market for a property or new home in Jackson Hole, it is imperative that you work with a qualified and experienced real estate professional.

My husband and I recently sold our East Jackson home of twentyfive years and downsized to a beautiful townhouse at Jackson Golf and Tennis. Our decision and experience could not have been more pleasant, thanks to the wonderful daughter/father duo from ENGEL & VÖLKERS JACKSON HOLE, Devon and David Viehman. Their impressive knowledge about real estate in Jackson Hole and professionalism made this difficult process exciting and enjoyable!

As you know, the market is moving at an extremely fast pace and thanks to their expertise and responsiveness we were able to make a clean, quick offer to buy the townhouse. Just a week after our offer was accepted, our house was on the market and sold in a flash! Everyone of our questions and concerns were answered in a timely manner. Devon and David worked together as a high-performing team every step of the way!

We have settled into our townhouse beautifully and could not be happier with our decision. I would recommend the Viehman Team without hesitation to anyone that is looking into selling or buying real estate in Jackson!

REED AND JILL ARMIJO Jackson, Wyoming We are skilled negotiators with a deep understanding of the business and the market. David and Devon have lived in the Tetons for three decades and Luke is a Jackson Hole Native. We have the knowledge and experience of being “locals”, not to mention the strong personal and professional relationships we have developed with vendors, contractors and government contacts throughout the region. Our reputation for integrity and professionalism is based upon the relationships we have built on trust and longevity, relationships that are crucial elements in collaborating on successful transactions. Our strong network in the valley gives us the competitive advantage over other real estate professionals in the area.

Finding a seasoned professional is only the beginning. As a buyer, you must rely on your agent to give you the most accurate, up-to-date market information available. We take the approach of showing you all available properties, irrespective of their listing brokerage. As your representative, we provide you with dedicated, knowledgeable and responsible support. We deploy our unique market experience, knowledge of the inventory and skills to ensure a successful outcome. Our passion for the valley real estate market is rooted in our knowledge of the Teton region itself. We offer local insights on the area, the unique lifestyle and the special needs of living in this World Heritage Site.

Our team views the services we provide as a complement to the incredible environment and community we have been fortunate to be members of for decades. If you are just beginning your exploration of Jackson Hole, please turn to us for information on local real estate prices, schools, economics, recreational opportunities, and personal lifestyle.

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