30 Acre Ranch in Alta, Wyoming
“Buy land. They ain’t making anymore of that stuff.” -Will Rogers
ď‚– Dry Creek Meadows is truly an amazing property, ready for you to build your dream home or recreational ranch. With all the natural, scenic and recreational wonders of eastern Idaho and western Wyoming, this property represents one of the best values in Alta, WY. Dry Creek Meadows allows for horses and has plenty of acreage for a barn, riding arena and limited hay production.
Dry Creek originates from spring sources east of the property and meanders west through a dense willow-lined riparian corridor before leaving the property and joining the Teton River. Also included with this property are logs from a 100 year old homestead cabin which have been dismantled, stacked and are available to incorporate into the design of your guest cabin or residence.
Listing Price: $850,000
The Full Package This stunning 30 acre parcel has it all! Teton Range Views, groves of aspens, open meadows and lush pastures. Ideal horse property. Due to its unique location, this is one the most private and picturesque large acreage properties in Alta, WY. Dry Creek runs the length of the property and attracts every manner of wildlife including, elk, deer, moose along with several species of ducks, geese and Sandhill cranes which all nest on the property. Dry Creek being spring fed is ideally situated for stream enhancement, including pond development to create a top quality private fishery. Water rights included. Targhee National Forest access is close by to recreate and enjoy millions of acres of some of the most spectacular mountain property in the Rocky Mountain West. Offered for $850,000.
www.LiveJacksonHole.com
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LOCATION Dry Creek Meadows is located on the western side of the Teton Mountain Range, just a few miles from the Idaho border. Resting between the majestic Teton Mountains to the east and the rolling timbered slopes of the Big Hole range to the west. The property is accessed via N Alta Ski Hill Rd from State Highway 33, approximately 7 miles east of the small community of Driggs, Idaho, which marks the crossroads to Grand Targhee Ski Resort. With quaint shops and restaurants, hiking and biking trails and some of the best fishing in the region, Driggs is the perfect near-by town. The vibrant resort community of Jackson, Wyoming is only 30 gorgeous miles away. Daily commercial air service is available both in Jackson and Idaho Falls and Driggs-Reed Memorial Airport, along with its fixed based operator Teton Aviation, is located just outside of Driggs at an elevation of 6,228 feet and offers a 7300’x 75’ paved and lighted runway capable of handling large private jet aircraft. Located on the “quiet side” of the Teton Range in the heart of Teton Valley, Dry Creek Meadows enjoys the best the region has to offer. The panoramic Teton and Big Hole Mountain Ranges offer the praised powder of Grand Targhee Ski Resort and a vast network of trails for mountain biking, horseback riding, climbing and hiking. Among other features, the Teton Valley is known for its lush meadows and working family ranchlands, blueribbon trout fishing on the Teton River, diverse hunting opportunities and low-key, rural lifestyle. Here, life proceeds at a simpler and more relaxed pace.
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Dry Creek Meadows, located in the heart of the valley is situated nearby the charming communities of Driggs and Victor, Idaho which offer a full suite of retail, service and tourist amenities. Driggs has received national attention as one of the top small towns in America and serves as the gateway to Grand Targhee Resort which draws skiers from all over the country and is home to its annual summer Bluegrass Music Festival. The Teton River is the lifeblood of the valley. Rising high in the Snake River Mountains to the south and gaining size from numerous springs and feeder streams, the Teton River meanders north through the valley’s broad bottomlands before slipping away into the rugged Teton Canyon 20 miles north. A critical component of the Teton River system is its vast wetland network of nearly 30,000 acres, which supports a rich diversity of plants and wildlife in addition to providing important summer livestock pasture for local ranchers. In cooperation with landowners and residents, organizations such as the Teton Regional Land Trust, Friends of the Teton River and Idaho Foundation for Parks and Land have taken steps to enhance the river and its wetlands by protecting over 36,000 acres of private land in the immediate area and almost 11,000 acres in the Teton Basin through permanent conservation easements. Such steps are representative of the strong commitment that local residents have toward preserving their valley’s heritage and natural resource.
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RECREATION AND WILDLIFE To many seasoned anglers eastern Idaho offers Idaho’s best collection of trout streams and Dry Creek Meadows lies in the heart of it all. With so much great fishing water in the area it is often easy to overlook the valley’s home water, the Teton River. Through its upper stretch the Teton is a classic meadow stream with willow lined banks, deep undercuts and productive riffles. Light tippets and specific insect patterns are required to fool the Cutthroat and Rainbows in this section. With the Teton range as the backdrop the upper stretch is considered by many the most scenic trout stream in America.
The Teton basin is also rich with upland birds and waterfowl. Ruffed Grouse are plentiful on the slopes and hillsides surrounding the valley and access to the prime areas is readily available via numerous Forest Service roads. With extensive open water in the valley bottom the Teton Valley is a haven for migrating and wintering ducks and geese. Mule Deer and Moose are also regular visitors to Dry Creek Meadows and the surrounding valley. A Sportsman’s Paradise. In addition to hunting and trout fishing, Teton Valley and nearby Jackson offer a variety of world class, year-round outdoor recreation activities only minutes away from the ranch. Winter activities include downhill skiing at Grand Targhee Resort and the Jackson Hole ski resorts, backcountry skiing at Teton Pass, cross country skiing, snowshoeing and snowmobiling. During the summer and fall the area’s diverse topography offers an unparalleled combination of hiking, backpacking, mountain climbing, and mountain biking opportunities. Teton County also offers thousands of acres of BLM and Forest Service lands which provide unlimited opportunity for one to experience the best of Idaho and Wyoming backcountry. www.LiveJacksonHole.com
SUMMARY • Location: Alta, Wyoming • 30.57 Acres for $850,000 • Established Building Envelope • Stream ideally situated for trout pond or excellent habitat for migratory birds • Horse property with acreage for barn, arena and limited hay production • Dry Creek through Parcels 1 and 2 • Mountain and Valley views • Diverse vegetation and wildlife • Amenities of the nearby towns of Driggs and Victor, Idaho • Close to public lands that offer endless hiking, biking, skiing, hunting and fishing • Jackson Hole a short drive away • Close to Grand Targhee Resort • Commercial air service in Jackson and Idaho Falls • 7,300 foot air strip located in nearby Driggs
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W YO M ING TAX B E NE F ITS
IF THAT WEREN’T ENTICING ENOUGH, THERE ARE STRONG FINANCIAL REASONS.
There are plenty of reasons to be thankful for owning a home in Wyoming: the mountains, the rivers, two national parks and three ski resorts, art galleries and restaurants, a charming Western-style downtown, and a close knit, philanthropic-minded and fun loving community. As enviable as our lifestyle is here, reality does intrude occasionally, as it will in mid-April when we pay our taxes. But even in that area, we as 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.
BELOW IS A LIST OF THE TOP 10 TAX BENEFITS ON WHY IT’S BENEFICIAL TO OWN PROPERTY IN WYOMING. NO TA X ON T HE SA L E O F R E A L ESTAT E
NO STATE G IF T TAX
NO STAT E I N COME TA X
Somebody who owns property in Wyoming can ‘gift’ that real estate to their heirs without having to worry about paying a state gift tax.
With no state tax on personal or corporate income, you have more disposable income.
NO INHE R ITANCE O R E STATE TAX
DYNAST Y T R U STS
Wyoming does not assess any state inheritance tax. Wyoming repealed its estate tax as of January 1, 2005.
In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust, which can be established in Wyoming for the benefit of your family or other beneficiaries. You can transfer your real estate into a limited liability company or family partnership and then put that into the dynasty trust. 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.
LOW PR O PE RTY TAXE S 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 E XCISE TAXE S When you fill up your car with gas or buy a bag of groceries in Wyoming, you will not pay any state tax on your gas or food.
NO TA X ON OU T-OF - STAT E RE T IRE M EN T IN C OME
NO TAX O N MINE R AL OWNE R SHIP
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.
Many states charge owners a tax on their mineral ownership, but Wyoming does not.
NO INTANG IBL E TAXE S Wyoming doesn’t make you pay a tax on financial assets like stocks and bonds.
Richard Lewis 307.690.8855 Chopper Grassell 307.231.2603 LiveJacksonHole.com