PROPERTY COLLECTION Summer 2021 · Big Sky, MT
CO NTE NTS 5 Market Update 8 Active Listing 26 September Events 28 Pending Listings 42 Notable Sales 52 Our Professionals
The foregoing information was obtained from the Big Sky Country Multiple Listing Service and while deemed reliable is not guaranteed. Independent investigation before purchase is recommended. Price and availability subject to change without notice. Statistics do not include Yellowstone Club sales.
TO OU R C LIENT S
As we emerge from a historic year, we are all able to take a step back to appreciate our resilient community as the masks come off and many old and new faces appear. Through the curveballs and rollercoaster corkscrews of 2020, we managed to all grow a little closer from six feet apart: leaning into one another for support and helping our neighbors, both households and businesses, stay healthy. Because of this, we’ll welcome back many events we missed dearly over the past 15 months. The Farmers Market is in full swing bringing together Montana made goods, delicious food, and local artists for fun evenings every Wednesday night through August. Music in the Mountains will have us all dancing again in the same Town Center location on Thursday nights but with a new look as the Base, Big Sky’s new recreation center, nears completion. Local trails are dry and ready for exploration and Yellowstone National Park is only an hour’s drive away. Big Sky’s PBR will kick off Wednesday, July 14th and will offer not only bull riding but auctions, a golf tournament, bingo night, and more! To say we are excited for what this summer holds would be an understatement. As many already know, the real estate market has and continues to be many degrees above hot! Having more elbow room and access to some of the most beautiful landscapes in the country piqued the interest of many buyers both near and far. We saw sales prices soar and inventory wane as those looking for a work/life balance discovered what Big Sky, and the surrounding areas, had to offer. In an effort to better serve you, we have decided to incorporate both active and sold properties, a recap of the first quarter real estate numbers over the past three years, local events, and some of our personal recommendations on how to enjoy Big Sky to the fullest. We will also be updating this publication monthly so that you always have the most current listings and information available. Feel free to reach out to us so we can put our local expertise and decades of experience to work for you. Whether you are looking to enter the market, sell your vacation rental or purchase one, it’s imperative to work with knowledgeable real estate professionals that have the connections and drive to ensure your transaction is as seamless as possible. Sincerely, Your Team at PureWest Christie’s International Real Estate of Big Sky
WE SET THE STANDARD FOR RECORD-SETTING SALES IN MONTANA $1.6 BILLION IN SALES 2,802 TRANSACTIONS 88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 www.BigSkyPureWest.com
M A R K E T
U P D A T E
•
Q U I C K
S T A T S
A side-by-side comparison of all real estate sales in Big Sky, Montana from January 1st through June 30th in 2019, 2020, and 2021.
January 1 - June 30th
BIG SKY
2019
2020
2021
Total Closed Sales
188
129
261
Total Gross Volume
$188,659,290
$168,006,741
$387,028,192
Average Price
$1,003,507
$1,302,378
$1,336,388
Median Price
$649,500
$900,000
$815,000
Average % Sold Price to List Price
97.3%
96%
100%
Average Days on the Market
161
172
184
Lowest Price
$120,000
$149,000
$142,000
Highest Price
$6,850,000
$8,000,000
$11,000,000
*Excludes Yellowstone Club sales
COMPARED BY PROPERTY TYPE Comparison of real estate sales by property type in Big Sky, Montana from January 1st through March 31st in 2019, 2020, and 2021. Property types included are Single Family Homes, Condominiums, and Land.
SINGLE FAMILY HOMES © PEAK PHOTOGRAPHY
2019
2020
2021
Number of Properties Sold
44
21
43
Total Gross Volume
$90,793,206
$72,580,905
$115,149,800
Mountain Properties Sold
23
12
13
Meadow Properties Sold
16
12
15
Canyon Properties Sold
5
5
15
Average Price
$2,063,482
$2,502,790
$2,573,786
Median Price
$1,687,500
$1,752,300
$2,265,000
Average Days on the Market
147
146
13
Average Price Per Square Foot
$610.30
$570.88
$676.81
Median Price Per Square Foot
$652.11
$508.72
$610.58
Lowest Price
$370,000
$413,000
$757,500
Highest Price
$6,850,000
$8,000,000
$7,400,000
B I G S K Y P U R E W E S T. C O M • 4 0 6 - 9 9 5 - 4 0 0 9
CONDOMINIUMS
LAND
2019
2020
2021
2019
2020
2021
101
69
123
41
30
89
$68,117,684
$69,621,584
$133,410,292
$29,378,400
$24,670,252
$131,464,600
64
40
60
24
22
22
36
28
63
16
6
35
1
-
-
1
2
32
$674,433
$1,023,847
$946,246
$716,546
$822,342
$1,228,641
$487,000
$523,750
$620,000
$430,000
$925,000
$685,000
129
161
187
256
231
191
$371.69
$489.47
$526.29
-
-
-
$353.29
$398.20
$444.14
-
-
-
$125,000
$175,000
$142,000
$165,800
$275,000
$210,000
$2,538,978
$3,527,495
$5,500,000
$5,150,000
$1,800,000
$11,000,000
*Excludes Yellowstone Club, Commercial, and Forest Service Lease sales.
48050 & 48121 GALLATIN ROAD Location: Canyon // Subdivision: Gallatin Canyon · 31± acre legacy property; 2 spring creeks, large pond, abundant wildlife, stunning views · 2,100± feet prime Gallatin River frontage - Subdivision possible with R-SF-7500 zoning · Five minutes from Town Center, 15 minutes to the Big Sky Resort, and 40 minutes to either Bozeman, the airport (BZN) or Yellowstone National Park
Offered at $9,500,000 5
CASCADE RIDGE Location: Mountain // Subdivision: Cascade · 6 bedrooms | 6.5 bathrooms | 4,354± SF | 2-car attached garage · Private, mountain top community with free-standing, luxurious condominiums · Each residence includes partial ownerships of the Cascade Ridge Lodge · Enjoy panoramic views, ski access, indoor/outdoor pool, work-out facility and more
Pricing & Availability Upon Request
Site Map
Little Thunder Ski Lift
N
Lot 71A
Entry Gate
Lodge
SOLD 205
UPP ER CA SCA DE
209 SOLD 204 SOLD
SALE PENDING
210
SALE PENDING
211
212
SOLD 101
201 SOLD
202 SOLD
213
102 SOLD
104
n Ru Ski
SALE PENDING
105
Lone Peak Views
106 110
111 107
For Sale Sold 109
SALE PENDING
108
Gallatin Canyon
103 SOLD
SALE PENDING
LOW ER
SOLD 203
Future
Beehive Basin Access
206 SOLD R I D G E ROAD
Lot 66A
SOLD 207
CASC ADE RIDG E RO AD
SOLD 208
Spanish Peak Views
TBD OUTLOOK TRAIL, LOT 1 Location: Meadow // Subdivision: Stony Creek · 2.96± acres · Offering privacy, views, and live water minutes from both Town Center and Big Sky Resort · Backs to open space on two sides and abuts the Spanish Peaks Mountain Club · Hiking, biking, snowshoeing, & access to 50 miles of x-country ski trails from adjoining trailhead
Offered at $1,650,000
TBD APPALOOSA TRAIL, LOT 1 Location: Canyon // Subdivision: Other · 33.28± acres · Epitome of Montana living located 15 minutes from the entrance to Big Sky · Many water features including natural springs, a babbling brook, and small ponds · Abundant wildlife, panoramic views, and horses allowed
Offered at $1,300,000
TBD SUMMIT VIEW DRIVE, LOT 15 Location: Mountain // Subdivision: Summit View · 2.85± acres · Large, private lot with panoramic Lone Peak and Andesite Mountain views · Easy access to Big Sky Resort just across the street from the neighborhood’s entrance · Enjoy abundant wildlife and a private, subdivision hiking trail that joins with other area trails
Offered at $975,000
3168 BLACKBIRD Location: Bozeman // Subdivision: Cattail Creek · 3 bedrooms | 2.5 bathrooms | 2,650± SF | .31± acres · Beautiful gabled home close to area trails, parks, ponds, and middle/high schools · Appointed with solar power, water softening and Kinetico water filtration system · New stainless steel appliances & hardwood floors throughout; lots of storage space
Offered at $795,000
5443 ANNIE STREET Location: Bozeman // Subdivision: Laurel Glen · 3 bedrooms | 2 bathrooms | 1,865± SF | 2-car attached garage · GE Cafe appliances, granite countertops, heated garage, expanded patio and entry · Some additional upgrades include backspash, blanco sink, gas fireplace, wine bar area · Easy access to shopping, dining, and area activities via Durston and Oak arterials
Offered at $675,000
40 BIG SKY RESORT ROAD, UNIT 1923 Location: Mountain // Subdivision: Shoshone Condos · 1 bedroom | 2 bathrooms | 879± SF · Centrally located in Big Sky Resort’s Mountain Village adjacent base area amenities · Third-floor corner unit for privacy and big windows to take in the stunning views · Kitchen remodel completed in December 2019 with more improvements to come
Offered at $498,000
EVENTS CALENDAR SEPTEMBER Music in the Mountain // Thursday @ 6:00p // Town Center Park (by Base) // Acts: September 2nd - The Waiting September 7th - Pinky and the Floyd Hike Big Sky // every Wednesday @ 9:00a // Location Varies September 2nd-6th // TASTE // Lone Mountain Ranch September 2nd // Big Sky Chamber of Commerce Golf Tournament // Big Sky Resort Golf Course (Meadow Village)
September 11th // Mountainfild Kid’s Kino: Family Friendly Film Festival // Big Sky Community Library September 12th // Mountainfilm on Tour Drive-in and Tailgate Party // Parking lot behind Tips Up September 15th // 4:00p - 8:00p // Artist Talk & Reception: Kevin Red Star // Courtney Collins Gallery September 25th // Oktoberfest Ironman Open // Big Sky Resort Golf Course (Meadow Village)
September 3rd-5th // Times varies // The Rut: 11K, 28K, 50K // Big Sky Resort September 4th-5th // Rock ‘N’ Rock Weekend // Tips Up September 9th // 4:00p - 7:00p // Spirits in the Sky // Firepit Park Town Center September 11th // 10:00a 11:59a // Town to Trails 10K // The Wilson Plaza
SEE YOU WHEN THE BIG SKY RESORT REOPENS IN NOVEMBER!
PURE ENJOYMENT.
2033 OUSEL FALLS ROAD Location: Meadow // Subdivision: Other · 20.77± acres that can accommodate short take-off and landing aircraft · 1923 Presidential Grant Homestead Property · Located on the way to the Spanish Peaks Mountain Club and the Yellowstone Club and just minutes away from Big Sky’s Town Center
Offered at $5,715,000
1024 BEAVER CREEK ROAD Location: Canyon // Subdivision: Porcupine Park · 3 bdrms | 2.5 baths | 2,768± SF | 4.00± acres · Meticulously maintained, luxury custom home surrounded by large lots & open space · Large, open living/kitchen areas with concrete floors, timber framing, and cathedral ceilings · Beaver Creek runs through the property offiering tranquil locations to relax
Offered at $2,500,000
7 ROSE BUD LOOP Location: Mountain // Subdivision: Powder Ridge · 4 bdrms | 3 baths | 2,577± SF | 1-car detached garage · Log cabin condo with ski-in/ski-out access to the Big Sky Resort; adjacent to ski trail · Offering two separate living areas, two fireplaces, and to master suites · Beautifully appointed with renovated kitchen and amazing Spanish Peak views
Offered at $2,495,000
16 CUTTHROAT TROUT PLACE Location: Meadow // Subdivision: South Fork · 4 bdrms | 2.5 baths | 2,850± SF | .41± acres · Beautiful custom home filled with charmed located on a quiet cul-de-sac street · Mature landscaping and large backyard with patio offer a private place to unwind · Bonus room above 2-car garage; cozy, dry guest cabin perfect for children & adults alike
Offered at $1,400,000
299 OUSEL FALLS ROAD, UNIT 22 Location: Meadow // Subdivision: Tamarack Condos · 3 bdrms | 2.5 baths | 1,769± SF | 1-car attached garage · Located in Big Sky’s highly-desirable Town Center areas close to shopping & dining · Within walking distance to the Ousel Falls trailhead, farmer’s market, and free concerts · A short drive will take you to the Big Sky Resort and Moonlight Basin base areas
Offered at $925,000
841 SUNBURST DRIVE Location: Meadow // Subdivision: Hidden Village · 4 bdrms | 2.5 baths | 1,978± SF | 1-car attached garage · Three-level unit with amazing views and vaulted wood ceilings backing to open space · Bright, open, and inviting, this unit is a popular vacation rental with good rental history · Enjoy taking in the views from the units 2 decks and the association pool & hot tub
Offered at $750,000
PROPERTIES SHOWN ON THE FOLLOWING PAGES WERE LISTED OR SOLD SMALL SAMPLE OF OUR SALES WITHIN THE LAST YEAR. PRICES R
D BY PUREWEST CHRISTIE’S INTERNATIONAL REAL ESTATE AND DEPICT A REFLECT THE LIST PRICE AT THE TIME THE PROPERTY WAS SOLD.
MOUNTAIN TRAIL ROAD Location: Moonlight // Subdivision: Moonlight Basin · 5 bedrooms | 5.5 bathrooms | 5,016± SF | 20.06± acres · Gated community for added privacy and recreational opportunities · Enjoy an open floor plan with floor-to-ceiling windows to take in the views · Caretaker/guest apartment located above the three+ car garage
List Price: $5,600,000 // REPRESENTED SELLER
CLAIM JUMPER ROAD Location: Mountain // Subdivision: Homestead Chalets · 6 bedrooms | 5.5 bathrooms | 3,241± SF | 1-car attached garage · Free-standing condominium affording adding privacy and views · Unparalleled ski-in/ski-out access to the White Otter chairlift · Mountain modern interior and professionally-designed furniture package
List Price: $2,895,000 // REPRESENTED SELLER & BUYER
SWIFT BEAR ROAD Location: Mountain // Subdivision: Cascade · 6 bedrooms | 6 bathrooms | 5,110± SF | 1.51± acres · Uniquely designed custom home with panoramic Lone Mountain views · 1 bedroom, 1 bathroom caretaker/guest apartment above garage with separate entry · Additional features include free-standing sauna and pond with circulating stream
List Price: $2,850,000 // REPRESENTED SELLER
LOW DOG ROAD Location: Mountain // Subdivision: Cascade · 4 bedrooms | 4 bathrooms | 2,759± SF | 1.04± acres · Nestled in the trees at the base of Wardance ski run at the Big Sky Resort · Proximity to all base area amenities including shopping, restaurants, and more · Offering two master suites, radiant in-floor heat, new roof, and new appliances
List Price: $2,300,000 // REPRESENTED SELLER
LAKEWOOD DRIVE Location: Moonlight // Subdivision: Ulery’s Cabins · 2 bedrooms | 3 bathrooms | 1,543± SF · Mountain modern cabin in Moonlight Basin is panoramic mountain views · Largest of the two Ulery’s Lakes phase I floor plans with large deck & hot tub · Easy ski-in/ski-out access and just a short distance from the Ulery’s Lake Lodge
Offered at $1,985,000 // REPRESENTED SELLER
RED CLOUD LOOP Location: Mountain // Subdivision: Powder Ridge · 4 bedrooms | 3 bathrooms | 2,435± SF | 1-car detached garage · Immaculately maintained, phase I Powder Ridge Cabin with ski-in/ski-out access · Enjoy vaulted ceiling, radiant in-floor heat, rock fireplace, hot tub and more · Have ever upgrade that was offered by the developer at the time of construction
List Price: $1,919,000 // REPRESENTED SELLER
5 DERRINGER Location: Moonlight // Subdivision: Cowboy Heaven · 2 bedrooms + loft | 3 bathrooms | 1,804± SF | .08± acres · Amazing ski-in/ski-out access right to your back door · Take in stunning Spanish Peaks views from the large wraparound deck with hot tub · Expansive loft for additional space with its own bathroom
List Price: $1,795,000 // REPRESENTED SELLER
420 CROWN BUTTE ROAD Location: Meadow // Subdivision: Ousel Falls · 4 bedrooms | 4.5 bathrooms | 4,480± SF | 2.60± acres · Sitting above Town Center, this home offers an incredible location and views · Close proximity to area shopping, restaurants, amenities, and events · Detached studio apartment over the garage affords additional room for guests
List Price: $1,695,000 // REPRESENTED SELLER
YOUR TRUSTED EXPERTS FOR Big Sky REAL ESTATE.
JACKIE MILLER
LYNN MILLIGAN
SANDY REVISKY
MICHAEL THOMAS
MARY WHEELER
WILLIAM FEHER
BRENNA KELLEHER
MIRANDA WHEELER
Broker jackie@purewestproperties.com 406-539-5003
Broker mwheelerbigsky@gmail.com 406.539.1745
Broker lynnebrush@gmail.com 406-581-2848
Associate william@cascaderidge.com 406-600-0275
Broker sandy@ownbigsky.com 406-539-6316
Associate brennakelleher@gmail.com 406-581-3361
Broker michael.bigsky@gmail.com 406-581-2400
Associate mirandalwheeler@gmail.com 406-640-1655
The foregoing information was obtained from the Big Sky Country Multiple Listing Service and while deemed reliable is not guaranteed. Independent investigation before purchase is recommended. Price and availability subject to change without notice. Statistics do not include Yellowstone Club sales.
WE SET THE STANDARD FOR LOCAL EXPERTISE Real estate is a relationship with people and place and purpose. We know why you want to live here because it is why we live here, too. Our local knowledge in communities across Montana is unmatched, allow us to put that knowledge to work for you. 88 Ousel Falls Road, Suite B Big Sky, MT 59716 406.995.4009 www.BigSkyPureWest.com
88 Ousel Falls Road Suite B Big Sky, MT 59716
The Exchange (formly known as the Mountain Mall)
Across from the Pendleton Store
406.995.4009 www.bigskypurewest.com