New Listing :: Peaceful Setting in Cottonwood Park

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Property Details

  • 2 bed / 1 bath / 1 car garage
  • End unit with lots of green space
  • 3 dedicated parking spots plus guest parking
  • Ability to add 500 sq foot addition
  • New roofs, decks, siding, and landscaping
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Relax and unwind in this private and peaceful setting in Cottonwood Park. This ideal end unit location affords unexpected privacy and is surrounded by mature trees and large areas of green grass. The entire complex received new roofs, siding, lighting and landscaping. (Assessment paid in full by seller at Closing.) Additional improvements include: new front and back decks, new windows and exterior doors, along with an updated bathroom, new water heater, fresh paint and cove heating. The spacious and open floor plan includes custom bookshelves and hardwood floors, while the plat allows an owner to build a 500 sq ft addition. Plenty of dedicated owner and overflow guest parking in addition to an large one car garage. Great local neighborhood close to parks, schools and pathways.

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2180 Corner Creek Lane Unit A

Jackson, WY 83001

Taxes: $2,572.60

HOA Dues: $300/month

$629,000

MLS: 19-2244

 

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New Listing :: Move-in Ready in Town of Jackson

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Property Details

  • 2 bedroom / 1.5 baths / 928 sq feet
  • Oversized one car garage
  • Private backyard area and covered front balcony
  • Move in Ready with new paint/carpet
  • Small, self-managed HOA with low dues
  • Easy access to nearby Snow King Mountain and downtown Jackson
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Bask in the outdoors and Snow King views from your private back deck and fenced yard area in the afternoon, while enjoying morning coffee on the covered front balcony.

This light and bright townhome features stainless steel appliances, granite counter tops and bamboo flooring. Two spacious 2nd floor bedrooms with vaulted ceilings take in views of Snow King and the surrounding buttes, while the updated bathroom includes a large soaking tub and heated floors.

Enjoy clean and comfortable living in this well maintained, move in ready home with fresh paint throughout, brand new carpet and a fresh stain on the back deck.

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The oversized garage is a Jackson dream, big enough to fit your car AND all your Jackson Hole toys.

Unbeatable location with quick access to hiking and mountain biking in the National Forest, a nearby START bus stop, and a short stroll to all the restaurants and shops of downtown Jackson.

Finally, enjoy the ease of a small, self-managed HOA with low dues.

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668 Flat Creek Drive

2018 Taxes: 2,326.18

HOA Dues: $525/quarter

$689,000

MLS: 19-1922

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New Listing :: Spacious Eagle Village Condo

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Property Details

  • 2 bed / 2 full baths / 1,284 sq ft
  • Gas Fireplace, separate dining room
  • Private deck with Munger Mountain views
  • Covered parking, elevator access and additional storage
  • Great location close to grocery, schools and pathway system
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This spacious Eagle Village condo includes 2 bedrooms, each with their own full bath, an open kitchen plan, gas fireplace, separate dining room, ample closets, and a private deck taking in south facing Munger Mountain views. Built in 2002, these units offer 2 covered reserved parking spaces, additional storage closet and in-unit laundry. One of the most unique features of Eagle Village, is the elevator access provided to the unit from the large underground parking garage. Enjoy the conveniences of being a part of the Smith’s Plaza, with immediate access to Flat Creek, the pathway system, grocery store, all while being in close proximity to the Jackson Hole schools system.

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1325 S Highway 89 #310

HOA: $325.23/mo

2018 Taxes: $2,804/year

$639,000

MLS: 19-1857

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For Sale :: Charming Classic Cabins in Wilson, WY

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Property Details

  • Charming Main Cabin :: 2 bed / 1 bath / 840 sq feet / 620 sq feet of decks
  • Rustic Guest Cabin :: 1 bed / 1 bath / 533 sq feet / 125 sq feet of decks
  • Additional Crescent H cabin and storage shed
  • Half acre lot in quiet local neighborhood
  • Mountain views of Jackson Hole Mountain Resort to the north
  • Strong rental income in place
  • Lots of possibilities for a new owner
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Two Classic Wyoming Cabins (rumored to be from Yellowstone!) sit on this half acre lot located in a quiet local neighborhood on the Westbank with easy access to Jackson Hole Mountain Resort, Teton Pass and downtown Wilson, all connected via bike path.

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The charming main cabin is 840 sq feet with 2 beds/1 bath, an updated kitchen with granite counter tops, updated bathroom, new paint, a cozy wood burning stove, and over 600 sq feet of decking taking in mountain views and the aerial Tram at JHMR.  The smaller rustic cabin is 533 sq feet with 1 bed/1 bath, a wood burning stove and covered front porch.

The property also includes a third historic cabin from the famous Crescent H Ranch in Wilson and a large storage shed. (*Note: Crescent H cabin is not on a foundation and cannot be used as a third dwelling (per zoning).)

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With R3 zoning and no HOA, this unique property offers many opportunities for a new owner: Build a main house and keep larger cabin as a quaint/charming guest house, live in one cabin while supplementing your mortgage with the rental income from the other, or hold as an investment with strong rental income ($49,200/year).

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2155 Coyote Loop, Wilson, WY

2018 Taxes: $4,537/year

No HOA 

$1,200,000

MLS: 19-1622

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Land Sales account for a third of all sales in Feb, March in Jackson Hole

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The Colbert Real Estate Report

Monthly Market Update for April 2015

Jackson Hole, WY

What Sold in Mar 2015? 

  • 30% :: Percentage of single family home sales (similar to last month’s 29%)
  • 37% :: Percentage of condo/townhome sales (identical to last month)
  • 33% :: Percentage of Land Sales (high again for a second straight month)
  • 40% :: Percentage of residential properties selling for over $1 million (down from 54% last month)
  • 60% :: Percentage of residential properties selling for under $1 million (up from 46% last month)
  • 30% :: Percentage of residential properties selling for under $500,000 (up from 23% last month)

What it means: The breakdown of property types in March was also nearly identical the breakdown we saw in February. Land sales remained higher than average for the second straight month. While land sales usually represent about 20% of all sales on average, in February and March 2015 there were 12 and 11 sales accounting for 34% and 33% of all sales (see chart below). This trend could be explained by the lack of available built-out inventory (i.e. single family homes and townhomes). As buyers are unable to find what they are looking for (or what they like is overpriced), many are considering purchasing land and building their own home.  The percentage of properties selling for over $1 million dropped down to 40% after a high of 54% in February. The number of properties selling for under $500,000 increased after 4 months of decline (see chart below). That being said, the average sales price remained high ($1.57 million) due to several high end sales including a 6,000 square foot house in Teton Pines (selling close to $8 million) a 48 acre tract of land in Crescent H (selling around $5 million) and a 6 bedroom estate in Shooting Star, at the base of Jackson Hole Mountain Resort, which sold for north of $10 million (pictured below).

land sales

sales under 500k

Shooting Star

Click HERE to read the entire Monthly Market Update for April. 

 

Interested in keeping an eye on new listings this spring/summer? Would you like to be alerted as soon as a new listing hits the market in a particular location or price range? 

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Jackson Real Estate Market Analysis: Condos in The Aspens

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Condos in The Aspens have been a popular real estate purchase for many years for many different types of buyers. Second homeowners enjoy the ease of access to Jackson Hole Mountain Resort and Grand Teton National Park. Locals have been attracted to the convenient location of The Aspens with its proximity to restaurants, the bus line, a coffee shop and a grocery store. Investors continue to be drawn by the lucrative short term rental market. Whatever the reason, people have been buying Aspens condos! Since Jan 2013, there have been 24 condo sales in The Aspens. Twenty of those sales occurred in 2013 (which equates to about 2 sales a month).  In 2013, the average sales price for an Aspens condo was $408,650 or $356/sq ft. One bedroom units sold on average for $295,000. Two bedrooms went for an average of $427,000 and 3 bedroom units commanded an average price of $592,000. The highest condo sale in The Aspens in 2013 was a top floor 3 bedroom Wheatgrass condo, which sold for $625,000 in Oct 2013. In 2014, we’ve already seen 4 sales in The Aspens (again about 2 per month) including a Windflower 3 bedroom which sold for $630,000 in Jan 2014 (pictured below) and most recently a 2 bedroom end unit condo in the Hawthorne building which sold for $289,000 last week.

Windflower

Where has all the inventory gone?

If you read my Market Reports, you are aware that inventory is currently thin in the Jackson Hole Real Estate Market. The Aspens sub-market is no exception. Right now, there are 4 condos for sale in The Aspens including a one bedroom + loft in the Sagebrush building, a 3 bedroom Woodlands condo with over 1,800 sq feet, a remodeled 3 bedroom unit with a detached garage, and a 3 bedroom Cove unit with mountain views. Click HERE to view all 4 available listings. Based on past absorption rates (2 sales per month), we have about a 2 month supply of inventory – not much!

There are currently 2 condo sales pending in The Aspens. The last new listing to hit the market  was a nicely remodeled one bedroom unit in the Tamarack building (pictured below). It was on the market for less than 10 days before receiving multiple offers and going under contract close to list price.

Tamaracl

Spring time in the Jackson Hole Real Estate Market usually means an influx of new listings as sellers seek to take advantage of the warmer weather and green landscapes. Already we are starting to see some new listing activity. In the past 2 weeks, 14 new listings have hit the market in Teton County. It will be interesting to see what (and how many) new listings pop up in The Aspens this Spring.

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If you currently own a condo in The Aspens, I’d be happy to chat with you about the current real estate market. It may be a great time to sell! Please contact me for more info or to receive a free market analysis on your property.

Jackson Hole Mountain Resort to open on Thanksgiving

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In less than a week Jackson Hole Mountain Resort with fire up its chairlifts and officially open for the 2013-2014 ski season. This year marks the earliest opening ever on Thanksgiving Day. The upper mountains have received a reported 86″ of snow so far this year, with 33″ of it sticking around to form the base. Snow making efforts over the past month have provided coverage on the lower mountain for opening day. It’s not yet clear exacting what lifts will be spinning on Thursday, but in years past skiers have been able to ski off of Apres Vous Chair and Casper Chair on opening day.

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This year, Jackson Hole has the distinct honor of being named the #1 Overall Ski Resort in North America by SKI magazine’s Reader’s Poll. Jackson Hole also received top ranks for Overall Satisfaction, Character, Variety and Challenge from over 10,000 readers participating in the poll. As a thank you to the skiing/riding community, this Friday November 29th Jackson Hole Mountain Resort will offer FREE skiing  to the local community and visitors alike. There are now 12 cities with direct flights to Jackson Hole including Chicago, Los Angeles, Houston, San Francisco, Denver, New York (JFK), Newark, Atlanta, Minneapolis, Seattle and Salt Lake City.

Web Winter Map 12 Cities

REAL ESTATE IN TETON VILLAGE: Do you visit so often that it make sense to own a ski condo here? Are you a local and interested in investing in some prime ski-in, ski-out real estate? There are many options in Teton Village including 1-4 bedrooms condos and townhomes starting at $299,000, condo-hotels starting at $330,000 and single family homes starting at $2,250,000 as well as fractional ownership opportunities starting at just $10,000. Click the in links the preceding sentence to view the current inventory.

Interested in staying informed about real estate opportunities near Jackson Hole Mountain Resort? Sign up for Automatic Email Updates informing you of any new listing or closed sales (with sale price) of a particular property type and location.

Happy Skiing!

Skiing.Katie

Fresh powder turns in the Jackson Hole backcountry