L&K Winter Magazine 2017

Page 1

S O U T H W E S T M O N TA N A P RO P E RT Y C O L L E C T I O N

Kandahar at Beehive Basin| PHOTO BY RYAN DAY THOMPSON

Winter 2017


Eric Ladd Owner

Carrie Mechura Contract Manager / Sales Associate

EJ Daws Sales Associate

Ryan Kulesza Owner / Broker

Katie Morrison Marketing Director / Sales Associate

Bryce Connery Sales Associate

At L&K Real Estate we represent clients purchasing and selling the finest luxury lifestyle properties in We love this beautiful place and are passionate about helping others find their own connection to it.

Real Estate Brokerage, Consulting & Development 4 0 6 - 9 9 5 - 2 4 0 4 • L K R E A L E S TAT E . C O M

Jim Toth Sales Associate

Montana.


Who? Who is L&K Real Estate?

We are a team of professionals working together as a team with specialized backgrounds in luxury real estate.

team members

$1.4 Billion + in combined sales

Residential | Land | Resort | Private Clubs | Ranch & Recreation | Commercial & Development

What? What is the winter lifestyle in Southwest Montana?

Skiing & Snowboarding Big Sky Resort Terrain- 5,800+ Skiable Acres | 4,350 Ft. Vertical Drop Yellowstone Club Terrain- 2,200+ Skiable Acres | 2,700 Ft. Vertical Drop Bridger Bowl Terrain- 2,000+ Skiable Acres | 2,700 Ft. Vertical Drop

Southwest Montana is most well known for its world-class recreational winter activities. No matter what the weather holds, there is always fun to be had.

Other Activities Nordic Skiing Snowmobiling Yellowstone Park Fly-fishing Snowshoeing Ice Climbing


Where? Where is L&K Real Estate doing business?

L&K Real Estate is the only brokerage active across all sectors of the luxury market in Southwest Montana.

Residential*

Land*

$30 Million +

$16 Million +

sales volume

sales volume

sales ranging from $112K - $10.5M*

sales ranging from $45K- $2.4M *

The Luxury Leader: L&K represented 2 of top 3 residential sales and 1/2 of all land listed over $2M within Southwest Montana in the past year.

Commercial & Development*

Ranch & Recreation*

$10 Million +

$40 Million +

sales volume

Big Sky’s commercial and development leader- over $10M in transactions in 2016

in new listings

Actively working with buyers and sellers in the ranch & recreation market

*Statistics derived from MLS list prices from Nov 2015- Nov 2016

Why? Why be a buyer or seller in the Southwest Montana market right now?

Buyers

Sellers

Southwest Montana is one of the hottest real estate markets in the country offering unparalleled lifestyle and opportunities.

After a 5 year market recovery sale prices are strong and inventory is low.


Guide to Big Sky, MT In the heart of the Madison mountain range near Yellowstone Park, Big Sky has the perfect balance of incredible outdoor recreation and luxurious amenities. It is a vibrant and fast growing community that still maintains its Montana charm.

Southwestern Montana GLACIER N AT I O N A L PA R K

M IS S O URI

BIG SKY

ONE RI VE

RI

R

V

U L D ER

NE

TO

BO

S W

O YE

ST

ER

LIVINGSTON

LL

G A L LAT I N R I V E R

ER

RIV N

ISO MAD

R

ENNIS

YE

OW LL

ER

E FF JE

BOZEMAN

VE

ER

DILLON N

BIG TIMBER

RI

RIV

THREE FORKS

DS

LE

N R I VER

SH I E L

R IV E R

HO

RSO

RIV

BUTTE

BIG

MONTANA

W YOMING

WEST YELLOWSTONE

YELLOWSTONE NATIONAL PARK IDAH O



The Market at a Glance Gallatin County Population Growth

growth in Gallatin Valley population since 2015

for the first time in history

fastest growing county in the U.S.

Hot Buy

Strong Seller

Big Sky land, priced well below average in the past ten years

Mid-priced single family residential homes, especially in Bozeman

Historical Median Price

BIG SKY:

Recovering market with opportunity Steady growth in both land and residence sales, but remains well below top of the market prices in 2006-2007 throughout the majority of the market.

BOZEMAN:

Strong, steady growth Strong upward trend in sales since the bottom of the market in 2011. Population boom is creating strong demand across the market.

RANCH & RECREATION

Low inventory keeps prices strong Continued high land prices yet low inventories equal a reduction in sales volume YTD. However, a record drop in cattle prices will bring many more production ranches to market by Spring ’17.

*All statistics derived from MLS as of Nov. 1. YC Realty does not report sales to MLS, therefore information is not included


Big Sky Private Clubs

Lot 338 Bristlecone Drive | PHOTO BY RYAN DAY THOMPSON

LU X U RY P R O P E RT Y C O L L E C T I O N


THE YELLOWSTONE CLUB Total Acres: ~13,600 Private Membership: Max. 864 Members, membership by invitation. Recreation: 2200 acres of Private skiing, connecting to 5800 acres of skiing at Big Sky Resort , 18-hole Tom Weiskopf Golf Course, mountain biking trails, hiking trails, ATV trails, Concierge services, horseback riding + more

MOONLIGHT BASIN Total Acres: ~8000 Private Membership: Max. 495 members, membership upon approval. Recreation: 18-hole Jack Nicklaus signature golf course, skiing, snowboarding, hiking trails, biking trails, kayaking, tree house village, snowshoeing, Nordic skiing, fishing, hunting + more

SPANISH PEAKS MOUNTAIN CLUB Total Acres: ~6000 Private Membership: Max. 395 Members, membership upon approval. Recreation: 18-hole Tom Weiskopf golf course, Private clubhouse with access to 5800 acres of skiing at Big Sky Resort, Nordic skiing, mountain biking and hiking trails, Fish Camp, fitness center + more


RIVER RUNS THROUGH IT LOCATION Yellowstone Club* SIZE 13,349 SQ FT 7 bedrooms, 10 bathrooms 2.88 ACRES OFFERED AT $13M

The largest ski-in, ski-out home available at Yellowstone Club

388 ANDESITE RIDGE ROAD LOCATION Yellowstone Club* SIZE 4,852 SQ FT 4 bedrooms, 5 bathrooms 2.15 ACRES OFFERED AT $6.45M

Recently remodeled ski-in, ski-out home with southern exposure


LOT 338 BRISTLECONE DRIVE LOCATION Yellowstone Club* SIZE 14.6 ACRES OFFERED AT $4.95M

Largest available residential lot at Yellowstone Club

LOT 86 ANDESITE RIDGE ROAD LOCATION Yellowstone Club* SIZE 2.64 ACRES OFFERED AT $3.3M

Breathtaking views combined with both Nordic and alpine ski access

LOT 144A PUMICE ROAD LOCATION Yellowstone Club* SIZE 2 ACRES OFFERED AT $2.65M

Lowest priced ski-in, ski-out lot at Yellowstone Club


LUXURY SUITE 1B LOCATION Moonlight Basin* SIZE 2,563 SQ FT | 3 bedrooms, 3 bathrooms OFFERED AT $1.395M

Prime ski-in, ski-out location to both Madison Village and Moonlight Lodge

HOMESTEAD CABIN #2 LOCATION Spanish Peaks Mountain Club* SIZE 3,635 SQ FT | 6 bedrooms, 8 bathrooms OFFERED AT $2.875M

Ski-in, ski-out on the 18th hole of the Spanish Peaks Mountain Club golf course


HOMESTEAD CABIN #6 LOCATION Spanish Peaks Mountain Club* SIZE 2,585 SQ FT | 4 bedrooms, 5 bathrooms OFFERED AT $2.15M

Ski-in, ski-out on the 17th hole of the Spanish Peaks Mountain Club golf course

SKI TIP LOT 10 LOCATION Spanish Peaks Mountain Club* SIZE 1.02 ACRES OFFERED AT $995K

Incredible ski-in, ski-out lot located near the Spanish Peaks Clubhouse

SKI TIP LOT 8 LOCATION Spanish Peaks Mountain Club* SIZE 1.11 ACRES OFFERED AT $825K

A great value ski-in, ski-out property


LOT 107 W. ELK VALLEY ROAD LOCATION Spanish Peaks Mountain Club* SIZE 2.48 ACRES OFFERED AT $599.9K

Geotechnical report completed and well drilled on this end of cul-de-sac lot

LOT 109 W. ELK VALLEY ROAD LOCATION Spanish Peaks Mountain Club* SIZE 2.33 ACRES OFFERED AT $445K

Spectacular views of the Spanish Peaks and Gallatin Mountain Range

LOT 119 OLD BARN ROAD LOCATION Spanish Peaks Mountain Club* SIZE 3.13 ACRES OFFERED AT $450K

Private, creekside lot with southern exposure and mountain views


Big Sky

Mountain Selah | PHOTO BY MIKE CHILCOAT

P R O P E RT Y C O L L E C T I O N


KANDAHAR AT BEEHIVE BASIN 230 BEEHIVE BASIN ROAD LOCATION Big Sky Mountain SIZE Main home: 5,409 SQ FT / 3 bedrooms, 3 bathrooms Guest home: 2,165 SQ FT / 3 bedrooms, 2.5 bathrooms OFFERED AT $3.45M

Premier creekside location with Beehive Basin trail access

214 WEST PINE CONE TERRACE LOCATION Big Sky Meadow / Aspen Groves SIZE 4,268 SQ FT | 4 bedrooms, 3.5 bathrooms, guest suite | .75 ACRES OFFERED AT $1.35M

Mountain modern style in a private location

MOUNTAIN SELAH 18 LOW DOG ROAD LOCATION Big Sky Mountain SIZE 4,574 SQ FT | 5 bedrooms, 3 bathrooms | 1.07 ACRES OFFERED AT $1.35M

Ski-in, ski-out home located near Big Sky Resort base area - makes a great vacation rental


330 BEAVER MOUNTAIN TRAIL LOCATION Gallatin Canyon SIZE 2,293 SQ FT | 4 bedrooms, 4 bathrooms | 2.95 ACRES | Large Shop + Garage OFFERED AT $780K

Great recreational access to fishing, trails, and snowmobiling

49850 GALLATIN ROAD LOCATION Gallatin Canyon SIZE 2,499 SQ FT | 3 bedrooms, 3 bathrooms | 2.73 ACRES OFFERED AT $595K

Private mountain home within steps of the Gallatin River

13 BEARTOOTH COURT LOCATION Gallatin Canyon / Ramshorn View Estates SIZE 2,782 SQ FT | 4 bedrooms, 3.5 bathrooms | .5 ACRES OFFERED AT $550K

Recently renovated home on a substantial corner lot


SPANISH PEAKS CLUB CONDO #40 LOCATION Big Sky Meadow SIZE 2,969 SQ FT | 3 bedrooms, 3.5 bathrooms OFFERED AT $659.9K

Elegant condo with fantastic meadow location

SUMMIT HOTEL UNIT 409/410 LOCATION Big Sky Mountain SIZE 1,324 SQ FT | 2 bedrooms, 3 bathrooms OFFERED AT $424.7K

Ideally located corner unit of Summit Hotel at Big Sky Resort

PARK CONDO 279

PARK CONDO 283

LOCATION Big Sky Meadow

LOCATION Big Sky Meadow

SIZE 2,090 SQ FT | 3 bedroom, 3 bathrooms

SIZE 2,090 SQ FT | 3 bedroom, 3 bathrooms

OFFERED AT $438K

OFFERED AT $440K

Beautiful Lone Peak views, located right on the Big Sky Golf Course


LOT 43A HALF MOON COURT LOCATION Big Sky Meadow SIZE 1.21 ACRES OFFERED AT To be built creekside residence | See agent for details Lot currently listed at $499.9K

LOT 287A RISING BULL LOCATION Big Sky Mountain SIZE 1.04 ACRES OFFERED AT $529K

Ski-in, ski-out lot with Lone Peak views

WINDY PASS LOT 3 & 3A LOCATION Gallatin Canyon SIZE 5.63 ACRES OFFERED AT $449.9K

Horse property with proximity to trails across from the Gallatin River


LOT 3 JOY ROAD LOCATION Big Sky Mountain SIZE 6.83 ACRES OFFERED AT $415K

Private homesite located near Beehive Basin trailhead

GALLATIN ROAD PARCEL 1 LOCATION Gallatin Canyon SIZE 2.64 ACRES OFFERED AT $255K

Unique opportunity to own in Big Sky without covenants near the Gallatin River

GALLATIN ROAD TRACT 4 LOCATION Gallatin Canyon SIZE 1.4 ACRES OFFERED AT $254K

Located across the Gallatin River with proximity to Big Sky schools


BIG SKY ENTRANCE PROPERTY LOCATION Gallatin Canyon / Big Sky SIZE 4.61 ACRES | Residential + Commerical buildings OFFERED AT $3.24M

Premier location at the only entrance of Big Sky. Commerical and residential development opportunities exist

MARKET PLACE UNIT 104 LOCATION Big Sky Town Center SIZE 1,204 SQ FT OFFERED AT $470,580

Ideal ground floor location

32 MARKET PLACE UNIT 5

RJS TOWER BUILDING UNITS 205/207

LOCATION Meadow Village Center

LOCATION Big Sky Town Center

SIZE 202 SQ FT

SIZE 961 SQ FT

OFFERED AT $95K

OFFERED AT $339K

LEED Gold certified building

Premier office space with reception area


Greater Montana

Limestone Creek | PHOTO BY WHITNEY KAMMAN

P R O P E RT Y C O L L E C T I O N


LIMESTONE CREEK LOCATION Bozeman, MT SIZE 10, 297 SQ FT 4 bedrooms, 6 bathrooms 40 ACRES OFFERED AT $12.9M

Ultimate privacy, just minutes south of downtown Bozeman


512 OLD FARM ROAD LOCATION Bozeman, MT SIZE 5,497 SQ FT 4 bedrooms, 6 bathrooms, guest suite 20+ ACRES OFFERED AT $2.975M

Located along ~1/2 mile of the East Gallatin River, yet minutes to downtown Bozeman

THREE SIXTY LOCATION Gallatin Gateway, MT SIZE 4,190 SQ FT 3 bedrooms, 4 bathrooms 40+ ACRES OFFERED AT $2.49M

Minimalist style home with impressive mountain views, just minutes to Bozeman


OSPREY COVE LAKEHOUSE LOCATION West Yellowstone / Hebgen Lake SIZE 4,628 SQ FT 3 bedrooms, 3 bathrooms + 2 bonus rooms 1.03 ACRES OFFERED AT $1.795M

Recreate on the lake at this recently renovated home surrounded by forest service land

LOT 14 CHOKECHERRY LANE LOCATION West Yellowstone LAND 1.085 ACRES OFFERED AT $97.5K

Surrounded by mountain views and recreation near Yellowstone National Park


LAHOOD PARK RESIDENCE LOCATION Cardwell, MT SIZE 2,466 SQ FT 3 bedrooms, 3 bathrooms 29.61 ACRES OFFERED AT $775K

Custom built home on ~1/2 mile of Jefferson river frontage

LAHOOD PARK COMMERCIAL PROPERTY LOCATION Cardwell, MT SIZE 35.46 ACRES Bar/Restaurant: ~3,500 SQ FT OFFERED AT $425K

Over 1/2 mile of Jefferson river frontage. Incredible turn-key opportunity.

AIRPORT GARAGES LOCATION Bozeman Yellowstone International Airport SIZE 23’ x 11’ x 10’ with 9’ x 9’ doors OFFERED AT $24.9K per unit

Walking distance to the terminal


Yellowstone Ranch Preserve | PHOTO BY RYAN DAY THOMPSON

Ranches

P R O P E RT Y C O L L E C T I O N


YELLOWSTONE RANCH PRESERVE LOCATION West Yellowstone / Hebgen Lake LAND 753+ ACRES | 9 homesites PROPERTY TYPE Recreational STRUCTURES Whiskey Jug Cabin: 2,702 SQ FT / 3 bedrooms, 2 bathrooms Private Marina OFFERED AT $19.5M

Waterfront conservation property near Yellowstone National Park. Largest private piece for sale on Hebgen Lake.**


McREYNOLDS GATEWAY RANCH LOCATION Gallatin Gateway, MT LAND 654 ACRES South Parcels: 134 ACRES, 3 Tracts Middle Parcels: 520 ACRES, 3 Tracts OFFERED AT $6.995M

Working ranch with incredible upside located just south of Bozeman

RAHN GRAIN FARMS LOCATION Three Forks, MT LAND 3,362 ACRES East Parcels: 1,404 ACRES West Parcels: 1,957 ACRES PROPERTY TYPE Agricultural STRUCTURES Home: 2,500 SQ FT / 4 bedrooms, 3 bathrooms Heated shop Storage shed 105K Bushel Grain storage OFFERED AT $6.995M

An income producing farming operation with incredible mountain views. Subdivision and conservation opportunities exist.


MISSOURI RIVER RANCH LOCATION Craig, MT LAND 160 ACRES STRUCTURES Main Lodge: 8,152 SQ FT / 4 guest rooms + apartment Lower Lodge: 3,139 SQ FT / 6 guest rooms Private Residence: 2,924 SQ FT / 4 bedrooms, 2 bathrooms OFFERED AT $5.9M

Fly-fishing guest lodge with nearly 1.5 miles of Missouri River frontage

MOUNTAIN MEADOWS LOCATION Gallatin Canyon SIZE 120 ACRES OFFERED AT $3.495M

Rare opportunity to own a large 120+ acre parcel within Big Sky with stunning Lone Peak views


HOMESTEAD AT THE BEACON LOCATION Butte, MT LAND 640 ACRES STRUCTURES Two primitive cabins OFFERED AT $1.65M

Surrounded by mountain views with incredible elk hunting. Potential for subdivision development or conservation

CAMP CREEK ROAD LOCATION Bozeman, MT LAND 303 ACRES OFFERED AT $1.29M

Rolling pastureland with incredible views near Bozeman

GRASSY MEADOW MOUNTAIN LOCATION Bozeman, MT LAND 493 TOTAL ACRES with option for partial purchase STRUCTURES Gatehouse with guest suite OFFERED AT See listing agent for details

A private mountain sanctuary just minutes from Bozeman


At L&K Real Estate we represent clients purchasing and selling the finest luxury lifestyle properties in We love this beautiful place and are passionate about helping others find their own connection to it.

Yellowstone Club

Big Sky

Residential & Land

Spanish Peaks Mountain Club

Bozeman

Ranch & Agriculture

West Yellowstone

Commercial

Greater Montana

Development

Moonlight Basin

Montana.

LKRealEstate.com | 406.995.2404

All information given is considered reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and should not be relied upon as such.These offerings are subject to errors, omissions, and changes including price or withdrawal without notice. All rights reserved. Equal Housing Opportunity. If you currently have a listing agreement or buyer broker agreement with another agent, this is not a solicitation to change. Š2016 LK REAL ESTATE, llc. lkrealestate.com * Private club memeberhsip upon invitation or approval


All information given is considered reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and should not be relied upon as such. These offerings are subject to errors, omissions, and changes including price or withdrawal without notice. All rights reserved. Equal Housing Opportunity. Š2016 LK REAL ESTATE, llc. lkrealestate.com

Lot 86 Andesite Ridge Road | Yellowstone Club


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