N EW S Wednesday, March 18, 2015
185 West Broadway Jackson Hole, WY (888) 733.9009
www. jhsir .com
R E A L ES TAT E
®,™ 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.
NETWORK REPORTS SIGNIFICANT GAINS Sotheby’s International Realty Reports on 2014 by Staff Writers
FORMERLY THE GUEST RANCH AT CRESCENT H
JACKSON HOLE, WY (March 12, 2015) – Jackson Hole Sotheby’s International Realty, a luxury real estate firm based in Jackson Hole, Wyoming, today announced the Sotheby’s International Realty® brand reported that in 2014 its affiliated brokers and sales professionals achieved $70 billion in U.S. home sale transaction volume (transaction sides multiplied by average sale price). This is the highest sales volume performance in the history of the brand’s franchise system, and marks a 17% increase from the prior year. Driven largely by an 11 percent gain in transaction sides, the growth experienced by Sotheby’s International Realty far outpaced the overall U.S. housing market as compared to the one percent increase in sales volume and a three percent decrease in home sales reported by the National Association of Realtors.
Recent sales propel total volume
GLOBAL GROWTH
To round out this one-of-a-kind property, amenities of the Crescent H Ranch include private spring creek fishing and a 1,300 acre trail system for hiking and cross-country skiing.
to more than $350M
by Ken Gangwer, Associate Broker
This 88 acre property is the site of the historic Crescent H Ranch Lodge of 3,300 square feet; including a 3 bedroom, 3 bath, 2,100 square foot separate log home known as the “Liars Den”, & 2 guest cabins, each 800 square feet, with 1 bedroom and a full bath. The 2,100 square foot Liars Den is warmly furnished, with a fully equipped kitchen. The Guest Lodge was built in 1927 and remains one of the most historic and oldest buildings in the state of Wyoming. Guest and Dude Ranches were among the first economic activities in Teton County, dating back 95 years. The Lodge is loaded with Jackson Hole ambiance and is the centerpiece of the property with hardwood floors, exposed-beam ceilings and 2 stone fireplaces. A beautiful springfed trout pond is located near the Lodge.This magnificent property displays all the elements which reflect the charisma and ambiance of life in Jackson Hole. The new owner will enjoy private blueribbon fly-fishing on the many spring creek waters of the ranch as well as on the Snake River. Imagine blue ribbon wade fishing minutes from your home! Fishing at Crescent H is for residents and their guests only. Homeowners also have access to BridgerTeton National Forest. Crescent H’s forested hills and tree-studded meadows create both a sense of privacy and a feeling of being in
harmony with nature. There is also a 1,300 acre trail-system which winds throughout the ranch, giving homeowners a private opportunity for groomed cross-country skiing, hiking, mountain biking and horseback riding. Wildlife is abundant in Crescent H Ranch where herds of elk migrate through the area, moose and their calves take up residence, as well as foxes, deer, black bears, bald eagles, Osprey & an assortment of water fowl. It is a hidden paradise for animals, and thus provides some of the most spectacular wildlife viewing available, right out your back door. Crescent H Ranch is also a short drive from manmade attractions. The shops, restaurants and art galleries of downtown Jackson are close, as is the world-class skiing of Jackson Hole Mountain Resort. This 88 acre property has numerous options for construction of a new estate-level home or multiple homes, for the owner, whether a family or corporate entity. A significant opportunity exists for conservation easement treatment & tax-related benefits.
The Sotheby’s International Realty brand also reported growth in its global network, which now encompasses 60 countries and territories worldwide. At year-end, the network totaled approximately 760 offices, a gain of 8.5 percent, and more than 16,570 sales associates, up 14 percent. “The Sotheby’s International Realty network grew substantially in 2014,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The luxury sector continues to outperform the overall market, which reflects the value consumers see in high-end real estate to grow their wealth, as well as the increasing level of international buyers in key luxury markets.” Outside the United States, the Sotheby’s International Realty brand expanded its network in 2014 to provide its real estate services in: Belgium, Beijing, Belize, the Canary Islands, Luxembourg, India, Hainan, St. Martin, Poland and St. Moritz. The Sotheby’s International Realty brand also added 13 new residential real estate firms and 45 net new offices to its network across the United States, including the following markets: Houston, Texas; Steamboat Springs, Colo.; Santa Rosa Beach, Fla.; Sunset, S.C.; Richmond, Va.; Marblehead, Mass.; Wilmington and Topsail Island, N.C.; Kailua, Hawaii; Woodinville, Wash.; Malibu, Calif.; Lancaster, Pa.; Brookline and Jamaica Plain, Mass.; and Pleasanton, California. See GROWTH on page 7