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
Summer 2015
Yellowstone Ranch Preserve
Greetings from Big Sky, MT! Summer is a time of growth, bringing with it our renewed fascination with everything from bear cubs and budding trees to new restaurants and homes. The Gallatin Valley continues to be one of the fastest growing communities in the US, while maintaining its beautiful mountain landscape. Long-term vision has once again come to the forefront with importance being placed on the wide-open spaces that will always be at the center of the international romance with the Yellowstone Region. Positive signs continue to show a healthy market, renewing buyer confidence, but not without a lesson learned from the past. Today’s buyers are paying attention to the market and are purchasing listings that are priced competitively. Big Sky has less than 5% of total inventory on the market, while Bozeman homes are averaging a listing time of only 2 months. These trends point to the current regional absorption rate of 8%, showing that the market has a revived energy. At L&K, we are very thankful for the clients who have worked with us in the past and are excited for the opportunity to assist buyers and sellers maneuver in this market that we feel so passionately about. We are constantly analyzing trends and looking for awe-inspiring properties that encompass the best of living in Montana; balancing smart investments with incredible places. Best Regards,
Eric Ladd
Ryan Kulesza
Who we are L&K Real Estate, Development and Consulting is a boutique brokerage based in Big Sky, MT with over 50 years combined experience and over $1 billion in sales. Specializing in luxury lifestyle properties, we work with clients to assist with their real estate needs. We understand real estate from land development to marketing and sales of finished products. Our experience varies from consulting on international residential and commercial development projects, to representing luxury listings in Southwest Montana including properties in Yellowstone Club, Spanish Peaks Mountain Club, Moonlight Basin and Bozeman. Our personal approach and strong marketing influence is a refreshing change to the current standard in the real estate industry, working as a licensed team to represent our clients, rather than individual competing agents.
Meet the team
Eric Ladd / Owner
Katie Morrison Sales Associate / Marketing Director
Bryce Connery Sales Associate / Ranch & Recreation Specialist
Ryan Kulesza / Owner & Broker
Carrie Mechura Sales Associate / Client Development Specialist
Alysse Doty Sales Associate / Gallatin Valley Specialist
Karen Davids Sales Associate / Office Manager
EJ Daws Sales Associate / Gallatin Valley Specialist
As a leading brokerage in Southwest Montana, we proudly support these non-profits with a portion of our proceeds to protect our beautiful region.
PRIVATE LUXURY CLUBS
Land *
Residence * Total Volume Sold:
$94,986,031
Total Volume Sold:
55% increase from last year Average Sold Price:
$2,818,635
$12,857,900
42% increase from last year Average Sold Price:
$642,895
The collaboration of Big Sky's Luxury Clubs as a cooperative group renewed buyer confidence. This portion of the market grew quickly due to the amount of inventory that had been held during the restructuring of the various clubs. *Does not include Yellowstone Club developer property. Statistics reflect June 1, 2014 - June 1, 2015
TH E YE LLOWS TONE C LU B Yellowstone Club is the world’s only private ski & golf residence community. Located in Big Sky, MT, situated an hour north of Yellowstone Park and an hour south of Bozeman, it boasts over 13,000 acres of spectacular scenery and unmatched amenities. Members enjoy 2,200 acres of private skiing in addition to access to 5,800 acres of skiing at Big Sky Resort, offering the most skiable acreage in the US. Summer offers a Tom Weiskopf designed mountain golf course, as well as private trails for hiking, biking, and horseback riding.
S PA NIS H PE A KS M OU NTA IN CLUB Spanish Peaks Mountain Club is a private residence community located in Big Sky, MT. Highlighted by a Tom Weiskopf designed 18 hole championship golf course with adjacent clubhouse, the private club, managed by Montage Resorts, also has miles of private trails and luxury amenities. Members enjoy access to 5,800 acres of skiing at Big Sky Resort, with private base area located at the clubhouse.
M OONLIGH T B A S IN Moonlight Basin has merged with Big Sky Resort for a combined 5,800 acres of public skiing on Lone Peak. With an ethos of environmental stewardship, Moonlight Basin has conservation easements on over half of the original 25,000 acres of land, fostering a healthy ecosystem. In 2014, Moonlight Basin also created the private residential membership Moonlight Club, which offers year round amenities including a Jack Nicklaus golf course, luxury amenities and recreational programs.
OFF E RE D AT: $13, 000, 000
T H E YELLO WS T O NE C LUB
R IV E R RU N S T HRO U G H IT 68 UPPER CEDARVIEW DRIVE 13,349 SQ. FT. / 2.88 ACRES 7 bedrooms, 10 bathrooms Membership by invitation Like the book and movie of the same name, the River Runs Through It residence evokes deep emotions and reverence for the natural world. This impressive residence boasts nearly 14,000 square feet of indoor and outdoor living space. The scale of the home mirrors the grand scale of the mountains; careful window placement allows maximum views of Lone Peak, Eglise, Cedar, and Pioneer Mountains from nearly every room. Outside the home, a “jumping stream� water feature encircles the house, ending in a large pond, complete with a fountain that evokes the natural geysers found in nearby Yellowstone National Park. Custom features such as this are evident throughout the residence, including a Warren Miller cartoon wall in the lower level family room and a two-sided stone fireplace in the great room. The home has a spacious layout with elegant main floor living, accented by spaces to play on the lower level including a cinema, ski room and well-equipped exercise room. An additional three bedroom guest wing offers privacy to share this incredible place with friends and family.
photos by Karl Neumann
OFF E RE D AT: $10, 500, 000
T H E YELLO WS T O NE C LUB
1 6 PU MIC E RD . 11,862 SQ. FT. / 3.21 ACRES 7 bedrooms, 9 bathrooms Membership by invitation photos by Karl Neumann
Take in the dramatic views from this incredible ski-in, ski-out home at Yellowstone Club. Designed by renowned architect Larry Pearson, the natural elements including seven rock fireplaces capture the warmth of a mountain lodge, while large windows, soaring ceilings, modern fixtures and furnishings cultivate a fresh contemporary style. Artistic details define the home incorporating rough-cut logs, moss rock with subway tiles, and stainless steel in an effortless pairing. In true ski lodge fashion, the residence is suitable to entertain large groups with multiple living areas, two master suites, expansive kitchen and numerous guest rooms, including a bunkroom. Plentiful ski lockers, a theatre, rec. room, bar and large outdoor living spaces add to the fun, while cozy alcoves throughout provide a quiet moment. Ski directly in and out of the ski room to both the private skiing at Yellowstone Club and over 5,800 acres of skiing at Big Sky Resort.
OFF E RE D AT: $9, 850, 000
T H E YELLO WS T O NE C LUB
2 1 S O A PS TON E Main Home 7,587 SQ. FT. / 5.25 ACRES 4 bedrooms, 6 bathrooms
Guest Home 1,296 SQ. FT. 2 bedrooms, 2 bathrooms Membership by invitation The residence and guest home at 21 Soapstone in Yellowstone Club bring together an uncommon balance of privacy without sacrificing spectacular views. Distinctive characteristics including a copper turret, elevator, parlor rotunda, gallery quality art collection and secret wine room are reminiscent of the old Montana mining era. Designed by Centre Sky architects, grand gathering spaces are mingled with private alcoves, mirroring the exterior environment throughout the main home. Modern amenities are paired with historical materials, creating a comfortable and warm environment. Abundant natural light and unobstructed mountain views are captured through expansive windows and balconies. The two bed, two bath guest home is unique in its own regard, with a porte cache, modern fixtures and Pioneer Mountain views. Combined with the main home, the property is a spacious mountain retreat, with unmatched amenities.
OFFE RE D AT: $8, 200, 000
T H E YELLO WS T O NE C LUB
D O C ’ S H O L ID AY 46 FOXTAIL PINE RD. 8,423 SQ. FT. / 3 ACRES 6 bedrooms, 6 bathrooms Membership by invitation
photos by Karl Neumann
Doc’s Holiday is a classic western feeling home, with luxury amenities and style. Sweeping views of Pioneer, Cedar and Lone Mountains surround the home, which has plentiful outdoor living spaces, along with the Fire Tower to take advantage of the awe-inspiring setting. Constructed by Teton Heritage Builders and designed by Faure Halvorson architects, stone and timber are transformed into an artisan masterpiece. Features including six stone fireplaces, custom stone bar and wine cellar, and intricate stair railing highlight the craftsmanship of the home. A preferred floor plan with main floor living is achieved including master wing, large kitchen, hearth room, additional guest rooms and ski room. An additional private guest suite is located above the separate 3rd car garage. Located within the private ski and golf community of Yellowstone Club in Big Sky, MT, the home has direct ski access to over 2,200 acres of private skiing, as well as 5,800 acres at Big Sky Resort.
OFFE RE D AT: $5, 900, 000
T H E YELLO WS T O NE C LUB
20 8 A N D E S IT E 208 ANDESITE RIDGE RD. 6,372 SQ. FT. / 2.61 ACRES 5 bedrooms, 6 bathrooms Membership by invitation Southeast facing exposure on Andesite Ridge in Yellowstone Club bathes the home in sunlight and gorgeous views of Yellowstone Park. Perfect for entertaining, this spectacular home provides a thoughtful and functional design as the kitchen, dining and living rooms all open to each other. The dining area leads to the outdoor deck, which is the ideal setting for relaxing on warm summer evenings. A new Master Suite has been added above the garage, complete with fireplace, large walkin closet and a spa-like bathroom. photos by Karl Neumann
OFF E RE D AT: $1, 600, 000
MOONLIGHT BASIN
L UX U RY S U IT E 1 B 28 COWBOY HEAVEN RD 2,563 SQ. FT. 3 bedrooms, 3.5 bathrooms Membership upon approval A ski-in, ski-out luxury condo located at Moonlight Basin, it boasts one level living with a light, open floor plan in a comfortable environment. Handsomely furnished in a modern mountain style, it combines clean lines and natural elements to create an intimate, yet spacious setting. Gorgeous views of the Spanish Peaks surround the home, in addition to private hot tub and outdoor living areas. Incredible location offers options to ski directly to multiple ski lifts and both Moonlight and Madison Lodges. Moonlight membership benefits enhance the experience with access to Jack Nicklaus designed golf course, Ulery’s Lake Adventure Center, as well as member events and private amenities at Moonlight Lodge.
photos by Ryan Day Thompson
L OT 3 3 8 BRISTLECONE DRIVE 14.6 ACRES Panoramic mountain views Membership by invitation At just under 15 acres, this lot is a rare opportunity to own a large parcel in the Pine Ridge neighborhood of Yellowstone Club. Located at the end of a culde-sac with a flat, open building site, it has open vistas towards wilderness area and trees cloaking the connecting lots. In addition to abundant wildlife, captivating views, and the amenities of Yellowstone Club, it also offers serenity in the midst of Lone Peak, Cedar and Pioneer Mountains.
OFFE R E D AT: $4,950,0 0 0
LOT 338
LOT 332
VILLAGE LAKESIDE
LOT 36A
AMERICAN SPIRIT
BASE AREA GOLF COURSE RAINBOW LODGE
TIMBERLINE CAFE
WARREN MILLER LODGE DOUBLE D RANCH VILLAGE HILLSIDE RANCH #4
ELKHORN RANCH
T H E YELLO WS T O NE C LUB
LOT 332 UPPER CEDARVIEW DRIVE 4.66 ACRES Ski access property Membership by invitation A rare combination of privacy and great ski access are achieved on this spacious lot at Yellowstone Club. Located at the end of the cul-de-sac, adjoining open space, and surrounded by old growth pine, the lot offers solace and unobstructed views of Cedar and Pioneer mountains. Lone Mountain is poised to the North, while southern exposure brings plentiful light to the cleared building space. Easy ski access to the slopes at Yellowstone Club and Big Sky Resort balance the solitude with convenience and amenities, creating an ideal scene for an incredible residence.
OFFE R E D AT: $4,400,00 0
LOT 36A COPPER COURT 5 ACRES Private cul-de-sac location Membership by invitation Lot 36A is ideally located at the end of the Copper Court cul-de-sac, atop a ridgeline within the private ski and golf community of Yellowstone Club. The large five acre neighborhood lot is flanked by a stand of trees offering privacy to the north, adjacent pond to the south and open views of the Gallatin Range from the building envelope to the east. The lot features naturally existing meadows with glacier lilies, paintbrush and natural grasses, welcoming abundant wildlife including deer, moose and elk.
OFFE R E D AT: $2,800,0 0 0
SKI TIP LOT 8 EAGLE VIEW TRAIL 1.11 ACRES Ski access property Membership upon approval Located in the Ski Tip Glade neighborhood of Spanish Peaks Mountain Club, this lot has ski access gently sloping from the back of the lot through a groomed ski way. Impressive views of Spanish Peaks and the Gallatin range are notable from the elevated parcel to the north and east. A nice wooded area allows for privacy in the hillside neighborhood, while close proximity to the Clubhouse, golf course, and trails provides great access to the Club amenities.
OFFE R E D AT: $775,000
SPRING CREEK RESERVE wea
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Sac
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THE SETTLEMENT CABINS
205
Lewis & Clark Lift 11 10
12 13 15
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SKI TIP GLADE
70 69 63
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43 55
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41 52
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ELKRIDGE
30
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213 4
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210
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22 11
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SKI TIP LOT 8
201
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77 71
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80 79
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Skier Access Way
202
18 8
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204
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THE CLUBHOUSE
6 19 18
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EQUESTRIAN CENTER
THE SETTLEMENT
34 35 40 51
14
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27 28 29
19 20 21 5
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38
2
49
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32 33
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35 36
34
125
48
54
124
157
RANCH LOT 156
152 153
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146
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RANCH LOT 107
26
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32 23
21 22
17 18
19 20
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16 27
25
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THE RANCHES
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91 92
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116
138
133
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145
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100 87
81
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137
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136
RANCH LOT 99 98
127
135
WILDRIDGE
57
60
129
WILDERNESS RIDGE
56 58
61
126
131
47 46 45
55
59
52
130
48
Yellowstone Club
49 50
62
INSPIRATION POINT
45
39
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31
132
37 46
30
22
43 44
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5
3
ENTRY HOUSE
36
47 50
11
16
26
OUSEL FALLS PARK
S PA N IS H PEA K S MO U N TA I N C LUB
RANCH LOT 156 SECLUSION POINT 3.36 ACRES End of cul-de-sac location Membership upon approval A private retreat located on an elevated plateau in Spanish Peaks Mountain Club, this lot brings together several desirable traits for a mountain home. Open meadows with natural grasses and wildflowers are tucked behind old growth pine trees, taking in views of both the Gallatin Range and Lone Peak
OFFE R E D AT: $545,000
RANCH LOT 107 W. ELK VALLEY RD. 2.48 ACRES Expansive mountain views Membership upon approval Fantastic end of cul-de-sac location, this lot has incredible mountain views, abundant sunshine, and a relatively flat building site. Old growth trees border the adjacent lot, giving plenty of privacy, while the majority of the lot is open meadows filled with wildflowers and natural grasses.
OFFE R E D AT: $395,000
RANCH LOT 99 CROWN BUTTE RD. 4.06 ACRES Surrounded by open space Membership upon approval This four acre lot is located in one of the most private and amazing sections of Spanish Peaks Mountain Club. This gently sloping lot faces south and east offering great morning sun with nice views of the Gallatin Range. The Crown Butte neighborhood intertwines a few lots, with over 50 acres of open space, providing great views and privacy.
OFFE R E D AT: $345,000
BIG SKY, MONTANA
M E A D OW The meadow of Big Sky is the central location of the community offering dining, shopping, events and services in Big Sky Town Center and the Meadow Village Center. The town remains vibrant year round with events like the Big Sky PBR, Music in the Mountains, Farmers Markets and the Christmas Stroll. Recreational amenities are abundant with ball fields, climbing boulders and skatepark in the Big Sky Community Park, miles of trails, and Arnold Palmer public golf course. Community services are also located in the meadow, including the post office, grocery store, pharmacy and hospital (to be completed in 2015).
MOUNTA IN The base area of Big Sky Resort and Moonlight Basin are located on the mountain, with lodging, dining, shopping and events all centrally located. Home of the Biggest Skiing in America™, the resort boasts 5800 acres of skiing with something for all interests and ability levels. In addition to skiing and snowboarding in the winter, the mountain has an extensive trail system, multiple small lakes available for kayaking and paddle-boarding, and on mountain ziplining, scenic tram rides and downhill mountain biking.
CA NYON The Gallatin Canyon is known for it’s blue-ribbon trout fishing on the Gallatin River and its tributaries. With the majority of the land being held as wilderness or forest service areas, wildlife is abundant, using the canyon as a migratory path from adjacent Yellowstone National Park. Recreational opportunities are unsurpassed from fishing, rafting, kayaking, hiking and biking, to snowmobiling, snowshoeing and hunting.
Land *
Residence * Total Volume Sold: $104,145,558 Average Price: $520,728
Total Volume Sold: $14,684,300 Average Price: $244,738
16% increase from last year
9% decrease from last year Average Price per acre:
$254,699
44% increase from last year
Big Sky saw steady consistent growth in the past year, in a more moderate pace than the luxury clubs within the community. Small lots made up the majority of land sales, which had saturated the market. *Does not include Private Luxury Clubs, see page 4. Statistics reflect June 1, 2014 - June 1, 2015
O FFE RE D AT: $1, 500, 000
MEADOW
photo by Karl Neumann
214 W. PINE CONE TERRACE ASPEN GROVES 4,268 SQ FT / .75 ACRES 4 bedrooms, 3.5 bathrooms A contemporary residence with clean lines and modern finishes, it embodies the future of mountain architecture. Large windows, high ceilings and a balance of elements including beech flooring, slate tiles, and a Danish designed Scan fireplace give the home elegant, yet comfortable characteristics. The layout is single floor focused, with an open living, dining, and kitchen area. Master bedroom is complete with a walk-in closet, his and her bathrooms, and a patio. Two additional rooms serve multiple purposes as bedrooms or offices. Above garage guest suite provides a separation of space and includes a kitchenette, living area, bathroom and bedroom.
MEADOW
SPANISH PEAKS CLUB CONDO #11 2,314 SQ FT 2 bedroom, 3 bathroom + bonus room This charming condo is located on the Big Sky Golf Course in the Meadow Village. Located on the open space side of the development with trails, condo association clubhouse and pool right out the back door. Kitchen, dining, and living room are flanked by decks on either side of the unit on the main floor. Featuring Jenn-Air appliances, granite countertops, hardwood floors, and drystack fireplace, it has an elegant feel. The upper level hosts the master bedroom with spacious master bathroom. Guest room with private bath also located on the upper level, with an additional bonus room on the lower level.
OFFE R E D AT: $630,000
LONE PEAK TOWN HOME #59 2,115 SQ FT 3 bedroom, 3 bathroom A well maintained sunny Lone Peak Townhome unit located in the heart of Big Sky Town Center. Three bedrooms, three bathrooms span across two levels with additional living space upstairs. It has main floor living with master bedroom, kitchen, dining, living room and deck all on the lower level. Beautiful finishes include granite countertops, custom cabinetry, dry stack fireplace, slate tile, and wood flooring. Its comfortable layout combined with an ideal location make it the perfect home for full time residents or a vacation home. Agent owned.
OFFE R E D AT: $550,000
MEADOW
SPANISH PEAKS CLUB CONDO #44 2,140 SQ FT 2 bedroom, 3 bathroom + bonus room This stylish condo located in the Meadow Village adjacent to the Big Sky Golf Course has warm finishes including rough sawn wood floors, rock fireplace and granite countertops. Stunning Lone Mountain views to the west complete the mountain ambiance. Recreational access to golf, xc-skiing, hiking and biking are located right out your door, while restaurants, shopping and downhill skiing are just minutes away. The condo community is immaculately kept, including pool, hot tub, fitness center and communal gathering space.
OF FE RE D AT: $549, 900
LOT 43A HALF MOON COURT 1.22 ACRES Streamside location A charming lot with streamside location on the West Fork River in the Big Sky Meadow Village. Tucked into old growth trees, this secluded property has privacy, yet is walking distance to shopping, dining, and events in Big Sky Town Center. Additionally, the Big Sky Golf Course, Big Sky Community Park and trail system are all nearby.
OFFE RE D AT: $399, 900
MEADOW
DEER RUN #21 21 ANTLER DROP CT. 1,860 SQ FT 2 bedroom, 3 bathroom + 2 bonus rooms A well-kept townhome in Deer Run, it lives like a four bedroom with finished bonus room on the lower level and bunkroom on the upper level in addition to the master and guest room. An open living, dining and kitchen area are edged by decks on either side, capturing both morning and evening sun. Elevated above Town Center, it takes in mountain views, yet is within walking distance to shopping, dining, movie theatre and shuttle to the mountain. Agent owned.
OFFE R E D AT: $365,000
FIRELIGHT CHALET #352 352 CANDLELIGHT MEADOW DR. 1,859 SQ FT 3 bedroom, 3 bathroom Contemporary and bright, this well maintained end unit chalet has great views of the Spanish Peaks. Recently renovated, it features adjusted main floor layout, kitchen backsplash, new fixtures and paint. Comfortable and spacious floor plan easily accommodates for rental opportunity or primary home living. Backing up to a trail, it has great recreational access to the Big Sky trail system. Agent owned.
OFFE R E D AT: $315,000
MADISON COURT #11 SPRUCE CONE DR. 1,400 SQ FT 3 bedroom, 2.5 bathroom Located within walking distance to restaurants, shopping and trails, this clean comfortable condo is a great value. An open floor plan on the main level feels spacious with wood flooring, a wood burning stove, and patio walking out to a grassy yard. Bedrooms located on the upper level offer a separation of space and mountain views. Additional amenities include the garage, laundry and outdoor living spaces.
OFFE R E D AT: $279,000
MOUNTAIN
CEDAR CREEK #45 13 MOOSE RIDGE RD 868 SQ FT 2 bedroom, 2 bathroom Convenient and charming condo on the mountain, this upstairs Cedar Creek unit is just a short walk from the Big Sky base area. An open layout kitchen, dining and living room also feature a fireplace and deck. Mountain amenities include over 5,800 acres of skiing at Big Sky Resort, extensive summer trail system, shopping, dining and events.
OFFE R E D AT: $229,000
HILL CONDO #1253 1253 SITTING BULL 440 SQ FT 1 bedroom, 1 bathroom Enjoy morning light from this eastern facing, quaint condo. It is an incredible value, boasting both a lake view and walking distance to Big Sky Resort. A lower level unit, it has access to the creek and Lake Levinsky right outside your door. A clean unit, with wood floors and a new water heater, it is ideal for personal use or as a rental unit.
OFFE R E D AT: $112,000
MOUNTAIN
CASCADE LOT 287A LOT 287A RISING BULL 1.04 ACRES Ski access property This spacious double lot boasts great ski access to 5800 acres of skiing at Big Sky Resort. It has a nice combination of open areas, impressive Lone Peak Views, completed with wooded privacy. The gently sloping lot is conveniently located near Moonlight Lodge and the Big Sky Resort base area, with shopping, dining and recreational amenities just a mile down the road.
OFFE R E D AT: $529,000
MOUNTAIN
LOT 3 JOY ROAD 6.83 ACRES Creekside location Create a mountain retreat on this large, creekside lot. Abundant wildlife, spectacular views of the Spanish Peaks and the Gallatin Range are plentiful from this tucked away lot. It is part of the Joy Rd. Whipple Minor subdivision, which borders 387 acres of conserved land and is near the Beehive Basin trailhead. Big Sky Resort and Moonlight Basin amenities are just a short drive away, combining convenience with solitude.
OFFE RE D AT: $415, 000
Trail access from property to Beehive Basin
GALLATIN CANYON
MOUNTAIN MEADOWS MOUNTAIN MEADOWS LN. Big Sky Resort
120 ACRES Private lot with Lone Peak view Town Center
Gallatin Canyon
This 120 acre parcel is a rare opportunity for large acreage near Big Sky, MT. Sweeping views of Lone Peak, Cedar and Pioneer Mountains and the Spanish Peaks enclose this expansive space. It is surrounded by other large lots, creating a natural migratory path for wildlife, including elk, moose, and bear. Positioned in the mountains of the Gallatin Canyon between Yellowstone National Park and Bozeman, MT it has access to both recreational and urban amenities, as well as one of the world’s most incredible environments. It is not only a parcel of land, but also a sanctuary within the heart of the Rocky Mountains.
OFFE R E D AT: $3,495,0 0 0
GALLATIN CANYON
B U C K RID G E L OD GE BUCK RIDGE RD. 4,144 SQ FT / 18.67 ACRES 3 bedrooms, 3 bathrooms Take in spectacular views of the Spanish Peaks from this large parcel in Buck Ridge Ranch. Comfortable A-frame log cabin is spacious and open, with ample storage for snowmobiles and ATVs. Abundant wildlife, meandering creeks, and old growth pine trees are notable features of this area located within an hours drive of Yellowstone Park. Private trailhead access to Forest Service trails and land on Buck Ridge nearby make this the perfect lodge retreat to enjoy the outdoors.
OFFE R E D AT: $899,000
GALLATIN CANYON
1 3 B E A RTO OT H R D. RAMSHORN VIEW ESTATES 2,782 SQ FT / .5 ACRES 4 bedrooms, 3.5 bathrooms This large three story home in the Ramshorn neighborhood of Big Sky is located on a substantial corner lot. Southern exposure provides great light and ample deck space is great for additional summer outdoor living area. Ideally located for families, the home backs up to a park and open space, has tennis courts across the street and is near Big Sky schools, Porcupine Trailhead and Gallatin River. Agent owned.
OFFE R E D AT: $450,00 0
145 KARST STAGE LOOP 2,288 SQ FT / 1.25 ACRES 3 bedrooms, 2 bathrooms Located in the appealing Parkview West Subdivision, this home is situated directly across from the Gallatin River neighborhood access. South facing windows supply bountiful natural light and great views of the river and Gallatin Range. The convenient layout has an open feel with living, dining and kitchen all connected, heated by a wood burning stove. Master bedroom on the upper level, with two additional bedrooms and family room on the lower level, create a functional living space. The expansive yard is complete with a garden and apple trees.
OFFE R E D AT: $395,000
GREATER YELLOWSTONE REGION
B OZ E M A N Bozeman, MT is a town known for its vibrant downtown, Montana State University, historic neighborhoods and outdoor community life. Surrounded by mountains, Bozeman is a gateway to recreational opportunities with Big Sky Resort, Bridger Bowl, and Yellowstone National Park all within a short drive from town. The Bozeman Yellowstone International Airport is the largest in Montana, offering 12 direct flights to major cities.
Residence * Total Volume Sold:
$508,124,200
18% increase from last year Average DOM:
74 days
Land * Total Volume Sold:
$59,332,277
1% increase from last year Average Price: $136,083
The Bozeman market is experiencing low residential inventory as reflected by the short average days on market. Land saw a small increase in sales, which is notable for upcoming residential development growth. *Statistics reflect June 1, 2014 - June 1, 2015
WE S T YE LLOWS TONE The West Yellowstone area is known for its unique landscape, diverse ecosystem, and recreational opportunities. Serving as the primary entrance to the nation’s oldest national park, Yellowstone National Park, it is just a short drive from the international draw of Old Faithful. Abundant wildlife including bison, elk, grizzly bears, bald eagles and rainbow trout create their home in the plateaus, mountains and rivers that define the environment surrounding the town. Hebgen Lake, located just 10 minutes from the West entrance of Yellowstone, creates an idyllic recreational locale with mountains surrounding the water. The lake, which is actually part of the Madison River, has limitless activities from waterskiing and wakesurfing to fly fishing, kayaking, and paddle boarding.
photos by Karl Neumann
BOZEMAN
5 1 2 OL D FA RM ROAD OLD RIVER FARM 5,497 SQ FT / 20+ ACRES 4 bedrooms, 6 bathrooms Situated along almost 1/2 mile of the East Gallatin River, this Locati design residence takes in the best of Montana with a combination of country living and proximity to Bozeman’s vibrant downtown. Part of the exclusive Old River Farm neighborhood, the home takes in breathtaking mountain views, with a protected viewshed across farmland belonging to the community’s HOA. Unbeatable recreational access from the home includes fishing directly from the property, nearby golf course, and skiing located within a few minutes drive. The home boasts a spacious layout, with main floor living that is enhanced by abundant outdoor living spaces and above garage guest suite. Elegant finishes are evident throughout the home, from the drystack fireplaces to the wood floors, slate tile and granite counter tops. Immaculate landscaping including numerous water features along with the home’s abundant natural light, are features of the natural elements that create the residence’s serene environment.
OFFE R E D AT: $3,250,000
179 E. MAGNOLIA 1,508 SQ FT 3 bedrooms, 2.5 bathrooms A bright and cheerful condo with an end unit location, it takes in views of the Bridger Mountains. Wood flooring, abundant natural light, and neutral tones create an inviting atmosphere in this comfortable residence. Amenities including a two-car garage, patio, laundry, and community open space round out the home, making it an excellent value.
OFFE R E D AT: $162,900
OFFERED AT:$19,500,000
WEST YELLOWSTONE
Y E L L OW S TO N E RA N C H PRESE RV E 753 +/- ACRES Whiskey Jug Cabin / 2,702 SQ FT 3 bedroom, 2 bathroom Yellowstone Ranch Preserve is a one of a kind property located within five miles of Yellowstone National Park, on over a mile of Hebgen Lake shoreline. As part of the Yellowstone ecosystem, the gently rolling slopes lined with Douglas Fir and Aspens are home to several wildlife species, including serving as a calving ground for Bison. Over 750 acres are held in a conservation easement by Gallatin Valley Land Trust (gvlt.org) to protect this special property for generations to come. The natural wonders and modern day accommodations blend in harmony, with the charming Whiskey Jug cabin situated on the southern hillside and newly constructed marina on the lake. Opportunity exists for additional homesites and amenities, while maintaining the conservation easement. It is hard to imagine that a place such as this still exists: blue ribbon trout fishing, abundant wildlife, boating, Nordic skiing, hiking, biking and a canvas to create your own legacy.
WEST YELLOWSTONE
14 CHOKECHERRY LANE 1.085 ACRES Located near Hebgen Lake
OFFE R E D AT: $97,500 With vistas of Yellowstone Park and surrounding peaks from this Aspen Hills Subdivision Lot 14, you can see for miles. Nearby Hebgen Lake affords year round recreation in winter or summer. Slightly sloped lot is only 8 miles south to West Yellowstone and Big Sky is less than 40 miles north. Yellowstone Airport is just a short drive south. Madison River, Cougar and Greyling Creeks along with numerous Forest Service trails are minutes away.
BOZEMAN COMMERCIAL
A IRPORT G A RA G E S BOZEMAN YELLOWSTONE INTERNATIONAL AIRPORT
Now taking reservations for individual units STARTING AT: $24,900/each Located on the west side of the Bozeman Yellowstone International Airport, these garages are walking distance to the terminal. They are spacious, easily fitting a large truck or suburban at 23’ x 11’ x 10’ with 9’ x 9’ doors. Equipped with on-site coded door openers, they are convenient for frequent travelers and second home owners. Limited number of heated garages available.
BIG SKY COMMERCIAL
MARKET P L A CE BIG SKY TOWN CENTER UNITS & PRICING
102 $537,662
1595 sq.ft / leased
103 $394,410
1170 sq.ft / leased
104 $405,924
1204 sq. ft / leased
201 $489,465
1,452 sq. ft / leased
203 $365,760
1085 sq. ft / leased
BIG SKY RESIDENTIAL DEVELOPMENT
Y E L L OW TA IL L OT BIG SKY MEADOW
3 . 7 1 A C R E S / UP TO 40 UNITS (WITH APPROVALS) Offered at $2,400,000 Located on the Big Sky Golf Course Located at the end of the Yellowtail Rd cul-de-sac, on the 10th and 11th holes of the Big Sky Golf Course, this multi-family development lot has numerous possibilities. It is the largest multi-family development parcel still available on the Big Sky Golf Course. Sitting on 3.5 +/- acres, Yellowtail has 64.5 SFE’s, allowing for options with development style and configurations.
BIG SKY RESIDENTIAL DEVELOPMENT
S PRU C E C ON E D R. BIG SKY MEADOW
.62 ACRES / PLATTED 3 DUPLEX UNITS Offered at $420,000 Zoned multi-family, turn-key project Turn-key development opportunity currently platted and planned for three duplexes, for a total of six 3 bedroom condos. Located in the established neighborhood of West Fork Meadows, this in-fill project backs to open space and is within walking distance to Big Sky Town Center. All engineering, platting, zoning, planning and construction bids have been completed and are included in price. Agent owned.
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YELLOWSTONE NATIONAL PARK Yellowstone Ranch Preserve
WEST YELLOWSTONE
The L&K Property Collection is a compilation of properties that provide unbeatable experiences, capturing the romance of the Rocky Mountain West. Look for the following icons as they relate to each home or lot to find the property that fits your lifestyle best. Fishing Southwest Montana is known for its vast amount of blue ribbon trout fishing on many rivers and creeks. Golf The Yellowstone region has become known for its compilation of world-class mountain courses designed by celebrities like Jack Nicklaus, Tom Weiskopf and Arnold Palmer. Public and private courses are available throughout the area. Rafting/Kayaking Abundant creeks, rivers, and mountain lakes provide water access from adventurous whitewater rafting, to a peaceful float. Waterskiing/ Surfing How many can say they have surfed or waterskied in the mountains? A short, but fun filled season exists in the Yellowstone region. Hiking Summit a mountaintop, hike to a waterfall, or take your dog for a quick loop on the plentiful trails that are a highlight of the region. Biking Extensive trails connect through communities and forests, with lift access downhill mountain biking available at area resorts. Skiing/ Snowboarding Big Sky Resort, Bridger Bowl, and Yellowstone Club are the most notable ski resorts in the region, with additional ski access from other private clubs in the area. Snowmobiling The Yellowstone region is known for its extensive groomed and backcountry snowmobiling with access to terrain for all levels. Nordic Skiing/ Snowshoeing The area boasts one of the largest Nordic trail systems in the US with skate and classic trails winding through the woods and into urban areas in Big Sky, Bozeman and West Yellowstone. Urban Where access to outdoor recreation is never too far, enjoy proximity to the “city life� of the mountains with yoga studios, coffee shops, events, restaurants and shopping nearby. Resort Focused on seasonal fun with abundant recreation and luxury amenities. Rural Where the serenity of the mountains, the sight of wildlife grazing in open meadows, and the sounds of a creek rushing in springtime are the answer to what you need.
L&K Real Estate P.O. Box 161236 Big Sky, Montana 59716
Ladd, Kulesza & Company Real Estate Brokerage, Consulting & Development LKRealEstate.com
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