Wednesday, May 25, 2016
185 West Broadway Jackson Hole, WY (888) 733.9009
www. jhsir .com
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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.
2016 YEAR-TO-DATE SALES AND INVENTORY UPDATE
A ten-year historical perspective
outlying high and low data points during this period the average remains consistent with by Staff Writers 111.5 units sold. Unit sales numbers are positioned The completion of the first four months approximately 11% below ten-year averages of 2016 reveal a continued growth trend reflected during this time frame. If we look in total real estate sales volume for Teton again at the number of units sold during the County, Wyoming. Within the last several same period (with, or without outlying values years this growth has been characterized by included) we see a median value of 101.5— a general stabilizing in total units sold, and a compared to 2016’s 100 units. Sales volume during this ten year corresponding increase in sales prices. During this ten year period, the first period averaged approximately $141M, with four month unit sales ranged from a low of a median of $144M. 2016 has thus far yielded 28, to the pre-correction high of 193. MLS strong sales of nearly $154M in volume. The perception of reduced inventory data for 2016 reflect 100 units sold. The historical average number of units during has been heaviest felt in the sub-$850k this time frame was 111.3 units. If control for category, with a compression of inventory of
Teton County, WY
Teton County, WY
Active Listings by Price Category
Comparison of the
Year to Date - April, 2007 - 2016
< $850,000
Units Sold
$250.0 Sales Volume
500
500
(dollars in millions)
Sales Volume
approximately 45% over the last four years. Within this segment of the market, inventory levels have returned to levels not consistently seen since 2008; levels more closely aligned with the rest of the market than in recent years. This segment has also consistently experienced the widest fluctuations in seasonally-available inventory for a given year. Other factors contributing to these market perceptions include: investor uncertainty in an election year, speculation of potential interest rate increases and stock market fluctuations. Locally, building permits issued in 2015 rose nearly 250% over 2014 as homeowners favored new construction over purchasing existing inventory.
$850K - $1.5 M
$1.5 M - $3.0 M
$3.0 M - $5.0 M
> $5.0 M
200
450
450
180
400
400
350
350
300
300
Units Sold
$200.0
160 140
$150.0
120 250
< $850,000
100 $100.0
80 60
$50.0
$0.0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
200
200
150
150
40
100
20
50
0
250
0
> $5 million
100 50
$3 - $5 million
0
The above data has been compiled from Teton County Board of Realtors Multiple Listing Service data for residential, vacant land, and farm/ranch listings and sales within zones 1-10 through April 30, 2016 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.
RESIDENTIAL SPOTLIGHT | NEW AND NOTABLE LISTINGS FROM ACROSS THE VALLEY
Teton Views on Spring Creek
2 Bedrooms | 2 Full Baths | 1,238.5 Sq. Ft. $775,000. SIR# P2DYLV
Ely Springs Ranch Estate
3 Bedrooms | 3 Full Baths, 1 Half Bath | 4,270 Sq. Ft. | 35 Acres $10,300,000. SIR# 6DZLLV
Wilson Wyoming Country Home
West Facing in Melody Ranch
3 Bedrooms | 3 Full Baths | 3,798 Sq. Ft. | 1.12 Acres $1,195,000. SIR# TR638D
4 Bedrooms | 2 Full Baths, 1 Half Bath | 2,640 Sq. Ft. | .5 Acres $1,150,000. SIR# 63XKED
Build To Suit Jackson Hole Home
Charming log home in the Aspens
3 Bedrooms | 2 Full Baths, 1 Half Bath| 1,895 Sq. Ft. | .14 Acres $849,000. SIR# HGZG77
4 Bedrooms | 5 Full Baths | 2,009 Sq. Ft. | .65 Acres $1,495,000. SIR# MM9WKV
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REAL ESTATE NEWS, Wednesday, May 25, 2016
serenity in stonecrop
Property Details
With majestic views of the Teton range and overlooking hundreds of acres of scenic preserve, this masterful estate home sits on over 40 private forested acres. Its close proximity to the town of Jackson as well as the amenities of the Amangani and Spring Creek Ranch, make this the perfect blend of privacy and convenience. A recent extensive remodel of the interior elements refined this architecturally stunning home. The spacious master suite offers a comfortable sitting area, private terrace, newly styled ‘’wet room’’ as well as his and hers vanities and dressing areas.This 8,000+ square foot home encompasses three levels with multiple outdoor living spaces. Wood burning fireplaces enhance both the formal and informal living and dining areas.
TETON
$7,675,000 | SIR# BT3CHT
PARTNERS
REAL ESTATE, LLC
LARGE BUILDING SITE WITH TETON VIEWS
COLLIN VAUGHN
(307) 413-1492 (307) 739-8164 collin.vaughn@jhsir.com
JILL SASSI-NEISON
(307) 690-4529 (307) 732-4301 jill.sassi@jhsir.com
unparalled views, quality & craftsmanship
This spectacular high-end home is located on one of the finest view properties in Jackson Hole and is adjacent to 95 acres of open space.
This great building site offers over 5 acres of land, access to the Snake River and close proximity to the Jackson Hole Mountain List Price: $1,399,000 Resort for world class skiing. SIR# MVVKJ7
Tony Scaffide, Associate Broker (307) 690-5170 • tony.scaffide@jhsir.com
• extensive remodel • luxurious master suite • four junior suites • home theatre • wine cellar • exercise room • expansive decks and patios • private access to spring creeks and the Snake River • miles of trails for hiking, biking and a groomed nordic track
5 Bedrooms | 5 Full Baths, 2 Half Baths | 10,355 Sq. Ft. | 1.98 Acres $8,395,000 | SIR# 77RD7V
Peter Selkowitz, Associate Broker (307) 690-3843 • peter.selkowitz@jhsir.com
REAL ESTATE NEWS, Wednesday, May 25, 2016
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Sanctuary Find yours in Jackson Hole
Immerse yourself in the sanctuary of the Tetons. Let our team’s luxury real estate expertise help you find your perfect Jackson Hole location.
IDEAL LOCATION FOR YOUR NEW HOME
Laurie • Mercedes
FINAL FRONTLINE AMANGANI BUILDING SITE
The gently rolling landscape of this incredible site, south of Wilson, is primed for construction. Take in the panoramic vistas of the snowcapped mountains in the distance. 5 Acres | $575,000 | SIR# C592ML.
The only opportunity of its kind available for building in the Homes at Amangan. This elevated site offers views across preserved ranchland and up the entire Teton Range. 1.14 Acres | $3,400,000 | SIR# 49TH2S.
STREAMSIDE IN JOHN DODGE
THE SUNCATCHER
You will love listening to sounds of the freely, flowing creek from every room of this residence, conveniently located just a few short minutes from Jackson Hole Mountain Resort. 4 Bedrooms | 4 Full Baths, 1 Half Bath | 3,635 Sq.Ft. | 4.10 Acres $5,850,000 | SIR# JWV8KR.
MERCEDES HUFF, Associate Broker mercedeshuff.com | phone 307.739.8135
Living here, the sun will greet you at all times of the day. Completely remodeled in 2015, the bright and airy home features flowing spaces and is ideal for entertaining. 4 Bedrooms | 4 Full Baths, 1 Half Bath | 4,649 Sq. Ft. | 2.71 Acres $2,600,000 | SIR# WV23XG.
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REAL ESTATE NEWS, Wednesday, May 25, 2016
Your Guides to the Jackson Hole Lifestyle
TEAL HOLLOW JACKSON HOLE $16,800,000 4 Beds, 5 Baths 8,198 SF, 38 Acres
Imagine seclusion secured by easements and over half a mile of protected Snake River access, within a short walk of your front door. Imagine an English-style manor where every window frames a view worthy of a landscape painting, and historic outbuildings are nestled in cottonwoods. Imagine game trails lacing your property, and an enchanted garden beloved by hummingbirds. Inspired by Great Dixter, the 15th century manor of gardener and writer Christopher Lloyd, Teal Hollow is the mountain retreat you have imagined. MLS# 16-424.
BABBS BRANDON DAVE STEPHANIE LIZ
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
REAL ESTATE NEWS, Wednesday, May 25, 2016
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Your Guides to the Jackson Hole Lifestyle
PETITE AMAN JACKSON HOLE $16,800,000 5 Beds, 6 Baths 11,885 SF, 1.41 Acres
Designed to echo the Amangani Hotel, Petite Aman is truly its own private resort. Five guest en suites, media room, library, stone terracing with spa, sweeping ranch land and mountain views and much more. Your private resort awaits at Petite Aman. MLS# 15-2719.
PEACEFUL AMAN VILLA
Tucked into the hillside overlooking the valley with the Tetons rising as a stunning backdrop, this architecturally inspiring home offers privacy, warmth and modern design in its 11,000 interior square feet and 5,000 square feet of exterior hardscape. $11,200,000. MLS# 14-2391.
BABBS BRANDON DAVE STEPHANIE LIZ
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
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REAL ESTATE NEWS, Wednesday, May 25, 2016
Your Guides to the Jackson Hole Lifestyle
MORE THAN 70 ACRES ON THE SNAKE RIVER JACKSON HOLE $16,000,000 70 Acres
Living just north of the town of Jackson is a bit like living in the middle of a national park. From these two parcels, enjoy big mountain views in every direction; look West and you’ll see the Tetons spiking into the sky; look east and you’ll take in the Gros Ventre Mountain Range. Part of an extensive wildlife corridor, this location offers glimpses of elk, moose and deer nearly every day with the stunning Teton Mountains as your backdrop. Along the Snake River corridor, the riparian wildlife includes bald eagles, blue heron and osprey. Close to Grand Teton National Park, recreational activities such as hiking, fishing, rafting and cross–country skiing are mere moments away. This legacy property provides the feeling of a private rural ranch while being located just moments from the heart of the vibrant Jackson Hole Town Square and its extraordinary mountain town amenities. MLS# 15-1417.
BABBS BRANDON DAVE STEPHANIE LIZ
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
REAL ESTATE NEWS, Wednesday, May 25, 2016
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Your Guides to the Jackson Hole Lifestyle
RIVERFRONT RANCH JACKSON HOLE $17,900,000 72.53 Acres
Located in one of the most pristine and wildlife-rich areas in Teton County, this exclusive property fronts the Snake River and has two streams running through it. Just 10 minutes from town, restaurants, world-class recreation, and medical facilities, yet totally private and remote. The ranch offers dramatic views of the Teton Range across water with towering cottonwood stands, lush meadows, and beautiful aspen groves throughout. Elk, moose, and swans are frequent visitors. There is excellent fishing on Price Creek and the Snake River as well as the ability to keep horses on the property. This property allows for a larger compound of residential dwellings than most in Teton County. Please call for more information. MLS# 16-776.
BABBS BRANDON DAVE STEPHANIE LIZ
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
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REAL ESTATE NEWS, Wednesday, May 25, 2016
THE HISTORIC
LAZY MOOSE RANCH
Two Exciting Opportunities at the Lazy Moose Ranch Own the Complete Ranch - 128.01 Acres
OR
• Set on the banks of Fish Creek with extensive Fish Creek frontage • 4 Parcels including the Upper Ranch and the Lower Ranch • Lower Ranch: Main residence; Guest house; Heated horse barn; wHeated multi-use barn; Detached garage; Outdoor sauna; Tool wshed; Caretaker’s cabin; 1,000 sq. ft. greenhouse. • Upper Ranch: Spacious lodge; 2 quaint log cabins; Large detached wgarage; Hay storage building. • Historic buildings from various parts of the Jackson Hole valley wwere moved to the property and reclaimed. • Horses welcome $17,500,000
Tom Evans, Associate Broker Melinda Day, Sales Associate Valerie Conger, Sales Associate
307.739.8149 TomEvansRealEstate.com
Own the Upper Ranch - 114.72 Acres • 2 Parcels (70.51 acres and 44.21 acres) • Potential to reconfigure the property into 3 parcels, with wdevelopment rights • 3,040 sq. ft. Lodge (historic Sinclair building moved from wthe heart of Wilson) • Indoor/Outdoor fireplace • 2 Quaint, reclaimed log cabins • Large detached garage with 7 bays • Hay storage building • Horses welcome $8,750,000
John Hanlon, Associate Broker Linda Hanlon, Sales Associate 307.413.1874 BuyJacksonHole.net
REAL ESTATE NEWS, Wednesday, May 25, 2016
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Delightful 6 Bedroom Residence in Willowbrook
80 Acres in Spring Gulch with No CC&Rs
Located at the end of the cul-de-sac in Willowbrook’s exclusive neighborhood, this 6,000 square foot home boasts 6 bedrooms and 6.5 baths on 3.31 beautifully landscaped acres including an enlarged stone patio with rock firepit and a pond. Vaulted ceilings and abundant windows invite plenty of natural light. Other highlights include an office and multiple living spaces. This is a very well maintained home and property. $6,250,000 | MLS #16-1138.
Two parcels below Spring Creek Ranch offer 79.80 acres of rolling meadows dotted with wildflowers and aspen. The property boasts exceptional views of the Spring Gulch valley framed by the Tetons. With no CC&Rs, the property affords the privacy and freedom inspired by Jackson’s western heritage. Parcels may be purchased individually. $6,000,000 or $3,500,000 per parcel. MLS #15-1582.
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Ranch 7B of the Bar B Bar Ranch
10 Acre Horse Property With Creek & Pond
Ranch 7B of the Bar B Bar Ranch offers an enchanting setting for your home site with lush open meadows, protected panoramic mountain views, water and abundant wildlife viewing opportunities. Enjoy and exquisite, private location in one of Jackson Hole’s finest ranch offerings, close to the Town of Jackson. $4,900,000 | MLS #12-1860.
This gorgeous 10 acre property with a 5 bedroom, 2.5 bath residence is only minutes from downtown Jackson. The ranch style home has over 3,000 sq ft of livable space plus a 1,200 sq ft basement and a 1,300 sq ft barn. The spectacular property is adjacent to conservation land and enjoys mountain views, mature trees, a large pond and Cody Creek meandering through. Horses welcome. $4,500,000 | MLS #16-1098.
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Wilson Meadows Site With Teton Views
Log Home in Rivermeadows
Nestled at the end of a quiet cul-de-sac, this 2.56 acre lot boasts a flat building site, a seasonal stream plus 360 degree views including the Grand Teton, Glory Bowl and the Sleeping Indian. There is easy access to the bike path that joins Wilson to Teton Village and to the south end of Jackson. The property is also convenient to all of the amenities of downtown Wilson. $1,550,000 | MLS #15-2780.
This cozy and well-maintained 3,508 square foot 3 bedroom, 2 bath log home offers a quaint interior with a wood burning fireplace and a main floor master bedroom. The house also features a loft, a second living area downstairs with a wet bar, a charming stone patio and expansive decks from which to enjoy the peaceful surroundings. Nearby Forest Service access. $1,300,000 | MLS #16-859.
Tom Evans, Associate Broker • 307-739-8149 TomEvansRE@jhsir.com • TomEvansRealEstate.com
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unparalleled views and privacy 3 separate offerings on saddle butte ✓ 10 minutes to the Town Square ✓ Large lots = privacy ✓ Private access ✓ Sweeping views of the Tetons, the Elk Refuge, Sleeping Indian and Cache Creek
*Featured Listing: Lot 113
Lot 103 | 8.9 Acres | $1,396,000 | SIR#H59YZX
Lot 105 | 6.66 Acres | $1,500,000 | SIR#X2T99M
Lot 113 | 30.75 Acres | $1,995,000 | SIR#32KE99
Unique opportunity to own a premier building site high above the valley floor at the top of Saddle Butte. This quiet, private neighborhood offers the best unobstructed, sweeping Teton Range and Elk Refuge views the valley has to offer, all within 10 minutes of Jackson Hole’s famous Town Square.
rustic home in palmer creek
quintessential mountain retreat UN
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PROPERTY DETAILS LIST PRICE: $675,000 3 Bedrooms, 2 Bathrooms 1.0 Acres 1,788 Square Feet of livable space 1,092 Square Feet of partially finished walkout basement
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Jane Carhart Associate Broker 307.413.8961 jane.carhart@jhsir.com
PROPERTY DETAILS • 3 Bedrooms, 3 Bathrooms • 5.51 Acres • 2,854 Square Feet
EXCEPTIONAL PERSONALIZED SERVICE
LIST PRICE: $2,295,000
REAL ESTATE NEWS, Wednesday, May 25, 2016
www.propertiesjacksonhole.com
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Top Producers 2014 & 2015
Woodside Estate
Woodside Estate was completed in 2014, and offers stunning Teton views from every room. The 6 bedroom residence was built with extraordinary attention to detail and uses many reclaimed materials giving it a rustic elegance. 6 Beds | 6 Full Baths, 1 Half Bath | 6,508Sq. Ft. | 5 Acres | Price Upon Request
Chris Grant, Associate Broker 307.413.3814 | chris.grant@jhsir.com
New Construction on the Westbank
Custom single family home in one of the best locations in Teton Pines. Oriented to have direct views of the Grand Teton, while overlooking the golf course and surrounding mountains. This exceptional home has two master suites with one located on the ground floor. Thoughtful design, quality construction, and attention to detail throughout. Expected completion in 2017. 4 Beds | 4 Full Baths, 1 Half Bath | 4,229 Sq. Ft. | 1.18 Acres | $4,795,000
New Listing Brooke Walles, Associate Broker 307.690.4257 | brooke.walles@jhsir.com
EXPERTISE - HARD WORK INTEGRITY - TEAM APPROACH
REAL ESTATE NEWS, Wednesday, May 25, 2016
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Your Guides to the Jackson Hole Lifestyle
TEAL HOLLOW JACKSON HOLE $16,800,000 4 + Beds, 4.5 + Baths 38.4 Acres, 8,198 + SF
THE LEGEND BEGINS HERE Imagine seclusion secured by easements and over half a mile of protected Snake River access, within a short walk of your front door. Imagine an English-style manor where every window frames a view worthy of a landscape painting, and historic outbuildings are nestled in cottonwoods. The main home has three bedrooms; the caretaker’s quarter above the garage with full kitchen has one bedroom; and the modernized historic cabin serving as guest home, one bedroom and more. MLS # 16-424.
VIEWS & TRANQUILITY
BAR B BAR RANCH 7 B
CREME DE LA CREME
4 BEDS | 4.5 BATHS | 1.19 ACRES | 5,102 SF $3,950,000 | MLS # 15-1397
35.06 ACRES $4,900,000 | MLS # 12-1860
4.5 BEDS | 5 BATHS | 19.26 ACRES | 4,693 SF $5,275,000 | MLS # 15-2635
Teton Pines, Wilson
North of Gros Ventre Jct
Dairy Subdivision, South of Jackson
SNAKE RIVER SANCTUARY
PETITE AMAN
PEACEFUL AMAN VILLA
4 BEDS | 5 BATHS | 54.74 ACRES | 5,294 SF $9,950,000 | MLS #11-2550
5 BEDS | 5.5 BATHS | 1.41 ACRES | 11,885 SF $11,750,000 | MLS # 15-2719
6 BEDS | 6.5 BATHS | .96 ACRE | 10,030 SF $11,200,000 | MLS # 14-2391
On the banks of the Snake River, North of Town
East Gros Ventre Butte
BABBS BRANDON DAVE STEPHANIE LIZ
East Gros Ventre Butte
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156