Wednesday, March 21, 2018
185 West Broadway Jackson Hole, WY (888) 733.9009
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REDEFINING LUXURY IN THE HEART OF TETON VILLAGE
by Staff Writers
Located in the heart of Teton Village and at the base of the best skiing in North America—Hotel Terra set the standard for contemporary mountain luxury when it opened in 2008. LEED-silver certification for building construction was only the beginning for a resort property that defines itself around a strong environmental ethos and luxury-residential experience. The combination of national, boutique ownership, coupled with a recent refresh of common spaces in 2017, has allowed Hotel Terra to boost both occupancy and revenue. The renovations aimed to better connect the condo-hotel’s commercial and common spaces to the Teton Village core, and was accomplished through the a reorientation toward the Village Commons to better serve guests and the general public alike. Renovations included the addition of Teton Village’s only true wine bar—Bar Enoteca, as well as expansion of the ski valet for guests. Among numerous accolades, Travel + Leisure ranked the “eco-luxury” Hotel Terra as eleventh in its “Best Hotels in the U.S” in 2015, where it garnered praise for being family-friendly, as well as for its rooftop spa, 24-hour activity concierge and overall
Pictured Above: Unit 301/303—a three bedroom, lock-off condominium at Hotel Terra offers ownership with a strong rental history.
quality of service. Ownership offerings in the 132-room, AAA Four Diamond-rated condo-hotel range from studio units to three-bedroom suites. While the fundamental demand for Hotel Terra units remains rooted in the Jackson Hole lifestyle, these units are appealing to second home owners because they offer worry-free property management when not
Pictured Above: Hotel Terra provides ownership opportunities ranging from studio units to three-bedroom suites in Teton Village.
in residence. Furthermore, owners have the ability to rent out their condominiums via the turn-key, in-house rental management of Noble House Hotels & Resorts. Notable among offerings currently available within the resort is Terra 301/303, a three-bedroom condominium with expansive views of the Jackson Hole valley. Unit 301/303 generated nearly $68,000 in net rental income during 2017—for a capitalization rate of almost five percent— while still maintaining three weeks of prime owner-occupancy. This sought-after unit offers a generous living area with a large master suite and private guest bedrooms. The versatile floor plan offers the ability to utilize the condominium in its entirety, or to maximize use, enjoyment and rental potential via a flexible lock-off configuration. “Owners and guests love Hotel Terra because it provides a prime location at Teton Village while offering defining amenities and services like the rooftop Chill Spa, a renowned concierge service, and the refined dining experience of Osteria,” said Bill Van Gelder, Associate Broker with Jackson Hole Sotheby’s International Realty.
MARKET REPORTS AVAILABLE NOW RESORT REPORT |
2018
Regional reports provide an overview of the current real estate markets of Jackson Hole, the West Side of the Tetons and the resort communities of the west via three unique compilations—courtesy of Jackson Hole Sotheby’s International Realty. Look for them at one of twelve sales offices throughout the region or contact a sales agent for additional information and analysis.
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REAL ESTATE NEWS, Wednesday, March 21, 2018
THE HISTORIC
LAZY MOOSE RANCH 3 DEVELOPMENT PARCELS IN WILSON, WY
114.72 ACRES | MLS #16-1181 | $8,750,000 • 3,040 sq. ft. Lodge (historic Sinclair building moved from the heart of Wilson) • Indoor/Outdoor fireplace • 2 quaint, reclaimed log cabins • Large, detached garage with 7 bays • Horses welcome Tom Evans, Associate Broker #1 Jackson Hole Sotheby’s International Realty Agent 307-739-8149 TomEvansRealEstate.com
John Hanlon, Associate Broker Linda Hanlon, Sales Associate Top Producers-2015, 2016 307-413-1874 | 307-413-1872 BuyJacksonHole.net
REAL ESTATE NEWS, Wednesday, March 21, 2018
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Ski it. Live it. SUBLETTE WOODS SUBDIVISION ADJACENT TO TETON VILLAGE • • •
Located at the base of Jackson Hole Mountain Resort 4 ski-in/ski-out lots Priced from $4.25 M
FOUR SEASONS RESIDENCE CLUB FRACTIONAL OWNERSHIP • • •
Access to all resort amenities 1,720 square feet, 2 bedroom, 2.5 bath condominium True ski in/ski out
STEPS FROM THE MOOSE CREEK CHAIR LIFT AT SKI AREA • • •
Corner unit in Sleeping Indian West Building Top floor 1 bed/ 1 bath $598,000
mercedeshuff.com | theteam@jhsir.com | 307.203.3000
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REAL ESTATE NEWS, Wednesday, March 21, 2018
Paul Howarth
Associate Broker paul.howarth@jhsir.com 208.313.3007
Unit 369 of the Terra Condominiums 1 Bedroom | 2 Full Baths | | 748 Sq. Ft. “Lock off” creates two rentable units Price Reduced $595,000. #17-429
INCOME POTENTIAL PROPERTY 5 Bedrooms | 4 Baths | 3,762 Sq. Ft. | .25 Acres $364,000. #17-2067. Remodeled, completely updated home. Four bedrooms on split levels with a master suite and second bath. New appliances and granite counter tops. Additional one bedroom, 3/4 bath apartment with separate entrance currently generates $1,1,00 in monthly income or would make a great mother-in-law-suite.
Call today to discuss more Teton Valley housing options.
James Musclow Associate Broker
307.699.1108 James.Musclow@jhsir.com
Sublette Woods Homesites Nothing like it on Rendezvous ski mountain! Four large lots adjacent to privately-held conservation easement land and bordering the JHMR ski area. If you seek privacy, peace, and a truly natural setting for your Jackson Hole dream home—let us show you this rare, idyllic setting. Private wells, utilities, requirements and paved access road to lot lines are complete. Available starting at $4,250,000.
Jackie Montgomery, Associate Broker
307.690.6272 | jackie.montgomery@jhsir.com
A Home and 2 Lots at Teton Pines A spacious 4,350s.f., custom designed residence at the end of Timbers Place in Teton Pines. Four bedrooms planned for ultimate privacy, Cathedral ceilings, downstairs living areas, two fireplaces, an upstairs office and a pool table/TV area. Located next to a large pond with views over greens to the Gros Ventre Mountains and the Sleeping Indian. A spacious entry deck faces west over open space and the adjoining, undeveloped, residential lot that is included in the purchase price! Offered furnished for $2,995,000. #17-2227.
REAL ESTATE NEWS, Wednesday, March 21, 2018
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EAST
EXPERIENCE THE BAR BC RANCH, PROUDLY SETTING A HIGHER STANDARD IN JACKSON HOLE. With few remaining riverfront and elevated Teton Range view parcels, blue-ribbon fly-fishing and Snake River access, opportunity is limited to be a part of this exceptional community.
Bar BC Ranch
Tom Evans, Associate Broker 307-739-8149 TomEvansRealEstate.com #1 Jackson Hole Sotheby’s International Realty Agent
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REAL ESTATE NEWS, Wednesday, March 21, 2018
DISCOVER THE JACKSON HOLE LIFESTYLE ED 00 C DU 50,0 E 7 R E $11, C I PR OW N —
Shooting Star Home
This stunning JLF Architects designed home features 6 bedrooms, 6.5 baths, dedicated guest wing and 3 car garage. Water features embrace this stunning home and large picture windows afford natural sunlight into all areas as well as pull the eye up to amazing views of the expansive Jackson Hole Mountain Resort. Reclaimed materials throughout interpreted in a clean sophisticated style, natural stone, hand plastered walls and the highest quality of design and craftsmanship are hallmarks of this amazing home located in the exclusive Shooting Star Jackson Hole community.
$11,750,000 $12,500,000 | #17-2099
Jackson Hole Golf & Tennis Club
Ground Level Love Ridge Residence
Privacy and views can be found from every location within this stunning custom built, single level home located in the Jackson Hole Golf and Tennis Club. This home features 5 bedrooms and 6.5 bathrooms, 2 living rooms, and gorgeous landscaping.
Turn-key, Love Ridge residence located slope side at Snow King Resort. This 3 bedroom, 3 bathroom residence is being sold furnished and is zoned resort for short-term vacation rentals. Amazing views up Cache Creek and Crystal Butte.
$3,100,000 | #17-2624
$1,550,000 | #18-41
Least Expensive Home in Jackson
Established Retail Business
This 4 bed, 2 bath split level home is situated on .56 acres. Upstairs features a huge master with unobstructed views to the west, an open living/kitchen area with vaulted ceilings, a large second bedroom, wrap around decks and fenced in dog run.
The Jackson Hole Toy Store is a well established local retail shop in downtown Jackson Hole, WY. The business is being offered turn-key, including all inventory, decor, POS systems and a one of a kind, state of the art, ‘’Wild West’’ themed shooting gallery. Located right off the historic town square, the JH Toy Store enjoys significant walk in traffic consisting of locals and visitors alike.
$200,000 | #17-3102
$859,000 | #18-241
Realizing Jackson Hole DReams
307.739.8070 | RGJH@JHSIR.COM | REALTYGROUPJH.COM
foR
ouR clients since 2003
ROB DESLAURIERS
KELLI WARD
JEFF WARD
JAKE KILGROW
307.413.3955
307.690.5286
307.690.0873
307.413.2822
REAL ESTATE NEWS, Wednesday, March 21, 2018
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DISCOVER THE JACKSON HOLE LIFESTYLE ED 0 C 0 DU 5,0 E R ,99 E $4 C I PR NOW —
Room to Roam in Teton Village
Westbank Mountain Contemporary
$5,800,000 | #17-2284
$4,995,000 $5,295,000 | #16-1543
This rare 8,550 square foot ski home on three levels, allows gatherings large and small. Elevated views with 6 bedrooms, 9 baths, ski/gear room, eat-in kitchen, elegant dining room, expansive living and media rooms, a large master, elevator, sauna, two game rooms, multiple fireplaces, and in floor heating.
This intelligently designed custom home has a fresh blend of contemporary elegance and traditional log elements. The home is situated on 4 private acres with elevated views of the Fish Creek Ranch, the Grand Teton and the Sleeping Indian.
Adjacent, Elevated Vew, Vacant .51AC lot - $1,800,000 | #17-3282
Indian Paintbrush
Escape to the Buffalo Valley
Nestled at the top of Indian Paintbrush subdivision this home offers end of the road privacy, large old growth forest, abundant wildlife and big views of the Snake River and Cache Peak.
3 bed/2.5 bath home. Modern architecturally designed steel-clad beams. Open living room, Teton views. Master with sun room, hot tub, separate shower. 1st floor bed, modern full bath. Upstairs 3rd bed, 1/2 bath and loft. 2 car garage and guest house.
$1,495,000 | #18-426
$945,000 | #17-2298
#224/26 #327/29
1 Bed / 2 Bath - $735,000* 1 Bed / 2 Bath - $735,000
Current Offerings
*Under Contract
#222 #469 #355/357 #455/457 #462 #310 #267
Realizing Jackson Hole DReams
307.739.8070 | RGJH@JHSIR.COM | REALTYGROUPJH.COM
1 Bed / 1 Bath - $560,000 1 Bed / 2 Bath - $725,000 2 Bed / 3 Bath - $860,000* 2 Bed / 3 Bath - $895,000* 2 Bed / 3 Bath - $1,350,000 3 Bed / 4 Bath - $1,490,000 3 Bed / 4 Bath - $1,695,000
foR
ouR clients since 2003
ROB DESLAURIERS
KELLI WARD
JEFF WARD
JAKE KILGROW
307.413.3955
307.690.5286
307.690.0873
307.413.2822
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REAL ESTATE NEWS, Wednesday, March 21, 2018
INTRODUCING GRAND & GLORY Inspired by the property’s agricultural heritage and its spectacular views is a stunning contemporary interpretation of the classic American farmhouse estate. Newly completed with high-end craftsmanship; a pristine farmhouse, Cabot-red barn, and stone ice house all with masterful design speaks to the 15 acre estate’s place in Dairy Ranches. Learn more at grandandglory.com Price Upon Request | 16-2357
JacksonHoleHome.com
SPRING CREEK RANCH
Rustic elegance with room for family and friends awaits you in this large 5 bedroom home at Spring Creek Ranch. Commanding Teton views coupled with a private, tree-lined setting, spacious decks, game room, indoor swimming pool and gym, guest suite and an oversized garage combine to create a family retreat worthy of Jackson Hole. $6,800,000 | 16-2357
WILSON
Classic Wilson cabin gets a modern twist in this newly remodeled home on over an acre. The interior of the open concept floor plan has been extensively remodeled. $1,800,000 | 17-2917
SKYLINE RANCH
Enjoy one of the superior locations in Jackson Hole with commanding Teton and valley views. The classic mid-century modern home is tucked into a hillside and borders hundreds of acres of open space. $2,900,000 | 17-2341
SOUTH OF WILSON Get away from it all in this never before listed property in Hidden Hills. Teton and valley views, privacy, and nature abound on the elevated and gently rolling 5 acres. $1,595,000 | 17-3312
WILSON
Just minutes south of Wilson, perched on a bench overlooking Jackson Hole, is this premier 5 acre lot. Sloping gently into a forest of aspen and surrounded by pine and fir. $2,500,000 | 18-24
Chris Wilbrecht chris.wilbrecht@jhsir.com | 307-413-3947 Erich Wilbrecht erich.wilbrecht@jhsir.com | 307-690-2468
JacksonHoleHome.com 185 West Broadway, Jackson, WY 83001
REAL ESTATE NEWS, Wednesday, March 21, 2018
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BEAUTIFUL SETTING IN INDIAN SPRINGS RANCH
Main House: 4 Bedrooms | 3.5 Baths | 4,715 Sq. Ft. Guest House: 2 Bedrooms | 2 Baths | 1,200 Sq. Ft. • 10.13 acres • Two ponds connected with a stream • Geothermal cooling system • Borders Jackson Hole Land Trust land to the East • Beautiful views of the Teton Range • 3-stall garage • Close to world class powder skiing and golf • Indian Springs Ranch amenities include a swimming pool, tennis court, clubhouse, equestrian facilities and walking trails MLS 17-2337 • Price Upon Request
Tom Evans, Associate Broker #1 Jackson Hole Sotheby’s International Realty Agent 307-739-8149 TomEvansRealEstate.com
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REAL ESTATE NEWS, Wednesday, March 21, 2018
RIVERFRONT RANCH JACKSON HOLE $17,900,000 72.53 Acres
Riverfront Ranch MLS #16-776 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.
Your Guides to the Jackson Hole Lifestyle
BARBARA ALLEN ASSOCIATE BROKER
DAVE, STEPHANIE, LIZ & BRANDON SPACKMANSINJH.COM SPACKMANS@JHSIR.COM 307.739.8156
JACKSONHOLEREALESTATEINFO.COM BARBARA.ALLEN@JHSIR.COM 307.413.3510
REAL ESTATE NEWS, Wednesday, March 21, 2018
Ed Liebzeit
“Good Neighbor” Award Recipient National Association of Realtors
ASSOCIATE BROKER
(307) 413-1618 ed.liebzeit@jhsir.com edinjackson.com
REALTOR® MAGAZINE’S
GOOD NEIGHBOR AWARDS
#GPR68T • Price Upon Request • Spectacular Great Room • Private Guest Wing • 4 Bedrooms • Exceptional Teton Views • 4 Full Baths, 2 Half Baths • ¾ Mile of Trout Filled Spring Creeks • 11,500 SF • Mountain Contemporary Design • 40 Exceptional Acres • Golf plus Wildlife Paradise
#YT3Q38 • $7,500,000 • 5 Bedrooms • Teton View • 7 Full Baths, 2 Half Baths • Guest/Caretaker Apartment • 9,376 SF • 4 Blocks from Town Square • .42 Acres • Borders 25,000 acre Elk Refuge • Pool/Hot Tub • Large Rec Room 185 W. Broadway
Jackson Hole, WY
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Creekside Elegance
Town of Jackson Gem
Nepal
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L
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ROSS
Grand Teton and National Wildlife Refuge View Grand Teton and National Wildlife Refuge views adjacent to National Forest trails are just 10 minutes from the town square. Stunningly remodeled, the 6 bedroom/7 bathroom home has beautiful gardens, rooms filled with light, and many bonus features. $3,495,000 #17-3257
Charlie.Ross@JHSIR.com | www.charlierossrealestate.com | Direct: 307 739 8128 | Mobile: 307 413 7449
CHARLIE ROSS, ASSOCIATE BROKER Jackson Hole Sotheby’s International Realty
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REAL ESTATE NEWS, Wednesday, March 21, 2018
Your Guides to the Jackson Hole Lifestyle
ELEGANT PINES ESTATE TETON PINES, WILSON 4 Beds, 4.5 Baths 2.25 Acres | 8,467 SF $7,950,000 This distinct timber and stone home offers one of the valley’s most unique settings, a private island edged by swan ponds on the 18th fairway in Teton Pines. Thoughtfully designed with meticulous details, it is a rare estate balancing comfort and grace. MLS # 15-1364.
TETON PINES FRACTIONAL
UPDATED PERIMETER CLUSTER
2 BEDS | 2.5 BATHS | 1,764 SF $175,000 | MLS # 18-337
4 BEDS | 4 BATHS | .15 ACRES | 3,948 SF $2,650,000 | MLS # 17-3003
Teton Pines, Wilson
Teton Pines, Wilson
MOUNTAIN ESCAPE
FALL CREEK VIEW HOME
4 BEDS | 4 FULL, 3 HALF BATHS | .68 ACRES | 5,444 SF
5 BEDS | 4.5 BATHS | .73 ACRES | 5,846 SF $5,200,000 | MLS # 17-767
$4,650,000 | MLS # 17-3353
Teton Pines, Wilson
CONTEMPORARY CLUSTER HOME 4 BEDS | 4.5 BATHS | .15 ACRE | 4,308 SF $2,885,000 | MLS # 18-461
Teton Pines, Wilson
River Meadows, Wilson
DAVE STEPHANIE LIZ BRANDON
MOUNTAIN SKI HOME 5 BEDS | 5.5 BATHS | .87 ACRE | 7,616 SF $10,250,000 | MLS # 16-1978
Granite Ridge, Teton Village
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156