C O D Y, W YO M I N G
17 CASCADE LANE
Beautifully designed home with views. Only 15 minutes from Cody, this beautifully designed home boastspanoramicviews,contemporaryflare,andsuperior craftmanship. No detail was overlooked, from the vaulted ceilings, alder wood trim throughout, granite counter tops, and master suite sauna to the yaro triple pane windows, double exterior wall construction, and space pack air exchanger; this home truly is a blend of modern luxury and country living. Precisely positioned on 5 acres for its passive solardesign,this4s/2 ,6 fpostandbeamopenfloorplan isspacious,invitingandefficient.Moveinready,theonly thingtodoisputacouplelogsontheoutdoorfirepitand enjoy the spectacular views of 17 Cascade Lane. Price: $925,000
Superior Craftmanship and Custom Kitchen
Home is a blend of modern luxury and country living.
FEATURES
Interior Built in 2015. Passive/ solar design Main level 2,624 s/f Alder wood trim and cabinets throughout Granite counter tops Triple pane wood casement windows Master suite Walk-in tile shower, Soaking tub Sauna Walk-in closet Doubleattachedfinishedgaragewithstorage area Spacepak Heating/cooling system with air exchanger. Twogasfireplaces(livingroomandmaster suite) Craft/hobby room
Exterior Double exterior wall construction 2”x6” exterior walls 2”x4” interior walls R-48 insulation Thermomassconcreteslabfloor/footings Composite exterior siding Composition asphalt roof, R-59 insulation, double sheeted with 1” air space Timber beam accents Concretepatiowithfirepitarea Landscaping around house with sprinkler system Private septic Underground propane tank Livestock shelter Storage shed
Legal description: lot 5 willow springs subdivisions, park county Wyoming Lot size: 5.01 acres m/l Irrigation: property has irrigation water rights and is serviced by lakeview irrigation district HOA fees: $250.00 annual Price: $925,000
Wyoming ONE OF THE MOST TAX FRIENDLY STATES Wyoming residents are better off than most. After all, Wyoming has been cited by Bloomberg Wealth Management magazine as the most tax friendly state in the country. We can stretch our hard-earned dollars further, whether buying real estate, leaving property to our heirs or buying a new mountain bike. Belowisalistofthetop10taxbenefitsonwhyitsbeneficialtoown
property in Wyoming.
No tax on the sale of real estate. No state income tax.
With no state tax on personal or corporate income, you have more disposable income.
Dynasty trusts.
In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust, which can beestablishedinWyomingforthebenefitofyourfamilyorotherbeneficiaries.Youcantransferyourrealestateintoalimited liability company or family partnership and then put that into the dynasty trust, which can continue for a thousand years. As a result, multiple generations can make use of and enjoy the property, without having to pay estate taxes or worse, having to sell the property in order to pay the taxes. A key point to remember: The trust must be administered in Wyoming.
No tax on out-of-state retirement income.
People in Jackson Hole who use Wyoming as a second home may have retirement income that comes from other states where they are a resident. Wyoming does not tax that retirement income earned outside of Wyoming, and if the participant is a resident of Wyoming when they take that income then the original state cannot tax that income either.
No state gift tax.
SomebodywhoownspropertyinWyomingcangiftthatrealestatetotheirheirswithouthavingtoworryaboutpayingastate gift tax.
No inheritance or estate tax.
Wyoming does not assess any state inheritance tax. Wyoming repealed its estate tax as of January 1, 2005.
Low property taxes.
Wyoming has very low property taxes compared to other states. The taxes that you do pay here are based on the assessed value of the property.
No excise taxes.
WhenyoufillupyourcarwithgasorbuyabagofgroceriesinWyoming,youwillnotpayanystatetaxonyourgasorfood.
No tax on mineral ownership.
Many states charge owners a tax on their mineral ownership, but Wyoming does not.
No intangible taxes.
Wyomingdoesntmakeyoupayataxonfinancialassetslikestocksandbonds.
LORA GREER| 3307.680.7461 | LORA.GREER@COMPASS.COM
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