7604 Obsidian Road by Graham-Faupel-Mendenhall & Associates

7604 Obsidian Road GRAHAM FAUPEL MENDENHALL & ASSOCIATES

Granite Ridge Cabin—Short Term Rentable A spectacular offering no matter the season, this 2 bedroom plus loft, 2.5 bath freestanding home has three levels – an open concept kitchen and living room with elevated views, a lower level divided into two independent bedroom suites, and a loft providing a third bedroom with two single beds for larger groups. Accommodating up to eight guests, this Granite Ridge Cabin is the perfect base camp for adventure.

JHMR Tram Dock

Ski Access

7604 Obsidian Road

Year Round Rental Income Located at the base of Jackson Hole Mountain Resort in Teton Village, this elegantly furnished home features custom mountain furniture, warm western decor, an outdoor sun deck and gas grill during summer and early fall seasons, an all season outdoor hot tub in the lower level patio, a laundry room, a heated one car garage great for gear storage.

PRIMARY SUITE

GUEST SUITE

LOFT

Ski Access

7604 Obsidian Road

7604 O bsidian Ro a d , Teton Vi l l a g e ∙ $6, 50 0,000 Located at the base of Jackson Hole Mountain Resort, this 2 bedroom + loft Granite Ridge Cabin offers recreation opportunities year round by either a short term renter or by the owner. Fully furnished with a mountain western aesthetic—three levels of living accommodate up to eight guests and include an impressive great room with elevated views over the mountain and valley. Suited downstairs bedrooms open up to a patio with private hot tub, while third floor loft allows for extra sleeping quarters for guests. Detached garage provides plenty of space for gear storage at this base camp for adventure in Teton Village.

PROPERTY SUMMARY

SYSTEMS

Granite Ridge Townhome Teton Village Private Ski Lift Access Mountain Views Detached One Car Garage (338 sqft) Private Hot Tub Deck & Patio Furnished Sleeps 8 Short Term Rentable

Water: Community Sewer: Community Forced Air Heat

HOME SUMMARY

AMENITIES

Livable Space: 2,383 sqft 2 Bedrooms + Loft | 3 Bathrooms 3 Levels of Living Eat-In Kitchen Gas Fireplace in Living Room Patio Access from Downstairs Bedrooms Appliances: Range: Bosch Gas Four Burner Oven: Bosch Dishwasher: Bosch Microwave: Bosch Refrigerator: Bosch Washer/Dryer: Maytag

Lift Access at JHMR Walkable to Amenities of Teton Village 25 Minutes from the Town of Jackson Year Round Recreation Opportunities Year Round Rental Income Potential

FEES Taxes: $21,789.30 (2022) HOA: $8,000 (annual) Average Monthly Electric: $264.81 Average Monthly Gas: $28.40

CLICK/SCAN FOR VIRTUAL TOUR

HOA I n for mation Anticipated yearly dues: $8,000

What’s Included: • • • • •

Building & Grounds Maintenance Common Electricity Insurance Irrigation/Sprinkler Maintenance Landscaping/Tree Removal

• • • •

Road Maintenance Snow Removal - Driveways & Walkways Tree Spraying Water & Sewer

GRANITE RIDGE

Owner Responsibility

• •

Home Electricity Gas

• •

Internet Cable

P R O F E S S I O N A L LY M A N A G E D VAC AT I O N R E N TA L S

— The total number of professionally managed vacation rentals in the Teton area is 819, which represents 42.6% of all rentals available. Outpost is proud to manage 225, or 27.5%, of the professionally managed rentals in the valley. Professionally managed vacation rentals in Teton Village represent 44.0%, the town of Jackson 27.0%, and Wilson 29.0% of the total rentals.

Q UA N T I T Y O F P R O F E S S I O N A L LY M A N AG E D R E N TA L S OUTPOST

225

COM PA N Y A

135

COM PA N Y B

117

COM PA N Y C

104

COM PA N Y D

COM PA N Y E

COM PA N Y F

COM PA N Y G

OTHER

OUTPOST

200

150

100

P R OJ E C TE D R E NTA L P E R FO R M A N C E

— We maximize revenue by sifting through the analytics on both aggregate and individual levels. Outpost’s in-house revenue team tweaks pricing and strategy of our homes on a daily basis to ensure we deliver optimal performance. The following projections assume zero owneroccupied days and a strategy focused on optimized income. To arrive at these projections, we analyzed the performance of the closest comparable properties. With your financial success in mind, Outpost will closely monitor and fine tune the pricing strategy we put in place for the units on a regular basis to perfect the strategy and maximize revenue.

760 4 O B S I D I A N R OA D 3 B E D RO OM | 3 BATHRO OM SEASON

PROJECTED GROSS REVENUE

SPRING

$33,755

—

$35,325

SUMMER

$70, 305

—

$73,575

FA L L

$30,960

—

$32,400

WINTER

$ 7 9,980

—

$83,700

$215,000 —

$225,000

It is important to note the above figures include forecasts and projections that represent Outpost’s assumptions and expectations in light of currently available information. Outpost’s actual performance results may differ from those projected and we cannot guarantee what is presented or implied as to the accuracy of specific forecasts. These figures also assume that the property can be rented on a weekly basis, operating with a valid Town of Jackson short term rental permit. Marketing efforts cannot begin until the permit has been issued by the Town of Jackson.

JACKSON HOLE | WYOMING

7604 Obsidian Road Jackson, WY 83001

grahamfaupelmendenhall.com 307.690.0204 gfm@compass.com 80 W BROADWAY JACKSON, WY 83001

Ski Access

7604 Obsidian Road

7604 Obsidian Road Jackson, WY 83001 grahamfaupelmendenhall.com 307.690.0204 gfm@compass.com 80 W BROADWAY JACKSON, WY 83001

Mack Mendenhall • Emily Eldredge • Julie Faupel • Karen Terra • Matt Faupel • Morgan Ablon • Tess Hartnett

Matt Faupel Associate Broker

Julie Faupel Associate Broker

Karen Terra Associate Broker

Mack Mendenhall Associate Broker

GrahamFaupelMendenhall.com

Emily Eldredge Associate Broker

Tess Hartnett Sales Associate

#1 RESIDENTIAL SALE 2022

Morgan Ablon Executive Assistant

307.690.0204 | gfm@compass.com

#1 RESIDENTIAL SALE IN WYOMING HISTORY (2021)

THE PRIVATE CLIENT NET WORK

F O U N D I N G

M E M B E R

23-2310 Residential Active $6,500,000

7604 OBSIDIAN Road, Teton Village, WY 83025 Provided as a courtesy of

Graham-Faupel-Mendenhall

Compass Real Estate 80 W Broadway PO Box 4897 Jackson, WY 83001 Mobile gfm@compass.com http://www.grahamfaupelmendenhall.com

Non-Public:

Start Showing Date:

House Style: Main House Total Bedrooms: Main House BathsHalf: Main House 2nd Flr & Above SqFt: Main House # Stalls:

Multilevel 2

Year Built: 1998 Main House Baths-Full: 2

Last Major Remod: Main House Baths-3/4: 0

Main House Total Baths: Main House-Main Level SqFt: Main House Garage SqFt: Main House SqFt:

Ownership:

Townhouse

920

Detached

Main House Garage Type: Main House-BG SqFt Finished: Guest House Bedrooms: Guest House SqFt:

Overall Garage SqFt:

Main House-BG SqFt Unfinished: Guest House Baths: Overall Total Bedrooms: Overall Livable SqFt: Horses Allowed:

176 1

338 2,383

Guest House Garage SqFt: Overall Total Baths:

2,383 No

Acres: # Horses Allowed:

0.03

Lot Size:

County: Lot #: Flood Class: Tax Year:

Teton

Area: Zoning: Ann. HOA Fee $: Latitude:

Common Name: Subdivision: Flood Zone: Taxes: Longitude:

21,789.30 -110.825013

Possession:

At Closing

Granite Ridge

2022

In-House Listing #:

1,287 0 0 338

01 - Teton Village Single Family 8,000 43.589725

Exclusions:

Legal Description: LOT 23, CABINS AT GRANITE RIDGE Public Remarks: Located at the base of Jackson Hole Mountain Resort, this 2 bedroom and a loft Granite Ridge Cabin offers recreation opportunities year round by either a short term renter or by the owner. Fully furnished with a mountain western aesthetic—three levels of living accommodate up to eight guests and include an impressive great room with elevated views over the mountain and valley. Suited downstairs bedrooms open up to a patio with private hot tub, while third floor loft allows for extra sleeping quarters for guests. Detached garage provides plenty of space for gear storage at this base camp for adventure in Teton Village. Water: Private (Community) Sewer: Private (Community) Basement: Finished Construction: Stick Built On Site Exterior: Log Furnished: Furnished Ground Flr Mstr Bdrm: Ground Flr Mst Bdrm: No

Amenities: Cathedral Ceiling; Deck; Gas Heating Stove; Hardwood Floors; Hot Tub; Patio Property Features: On Paved Road; Ski in/out; ST Rentals Allowed; Trees; Year Round Access Hardwood Floors: Oak Roof: Shake Fireplace: Natural Gas #: 1 Fuel Type: Electric; Natural Gas

Heat: Forced Air Ducts Appliances: Dishwasher; Dryer; Freezer; Microwave; Range; Refrigerator; Washer Driveway: Asphalt View: Mountain View; Valley View; Scenic Special Rooms: Loft Lifestyle: Mountain; Outdoor Recreation; Resort; Skiing

Agent Owned:

Buyer Agent:

Buyer Agent % or $:

2.50

Seller Concessions: Listing Price:

6,500,000

LO: Compass Real Estate Information is deemed to be reliable, but is not guaranteed. © 2023 MLS and FBS. Prepared by Graham-Faupel-Mendenhall on Wednesday, October 18, 2023 12:36 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.