New Listing :: Ultimate Convenience in MidTown

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Property Details

  • 2 bed / 1 bath / 812 sq feet
  • Single level townhome
  • Large grassy common area
  • In-unit laundry and exterior storage
  • Walk to Snow King, START bus stop, Midtown shops
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Enjoy all Midtown Jackson has to offer from this unmatched convenient location tucked off of Snow King Ave. Stroll over for a crepe at CoCo Love or a hot breakfast sandwich from Sweet Cheeks Meats. Heading to the ski resort? Catch the START bus, only a half block away. Easy single level living (no one above or below you) with in-unit laundry, spacious bedrooms and a sunny west facing back deck overlooking a large common area courtyard, perfect for lawn games, entertaining friends and playing fetch with your dog (which are allowed). Plenty of parking for owners and guests, plus a well run HOA with low dues, make this a great buy for a first time homeowner or employer/investor.

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863 W Snow King Ave

HOA Dues: $169.24/mo

Taxes: $2,280/year

$509,000

MLS: 19-2722

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New Listing :: Newly Remodeled 3 Bedroom Rafter J Home

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Property Details

  • 3 Bedrooms / 2.5 baths
  • 1,724 sq feet / 2 car garage
  • Beautifully remodeled
  • Oversized 0.30 acre lot
  • Great location in Rafter J
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Congratulations: your home hunt is officially over!

You’ve found it: 1,700+ sq. ft. of gracious living with so much style and charm. This newly remodeled three-bedroom Rafter J residence is ”the one:” large new kitchen, hardwood floors,and much more. Between the farmhouse fixtures and sliding barn doors,you’ll be asking, ”Did Joanna Gaines from HGTV design this home?!” You’ll love it all: the quaint covered porch out front….the gorgeous backyard and large deck….the flow of the floorplan….you’ll love it all! If you are looking for a move-in ready home with a fresh remodel, plenty of style, and a terrific color palette, you’ve found it. Welcome Home!

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3180 S Pitchfork Drive 

Jackson, WY 83001

Taxes: $4,846/year

HOA Dues: $670/year

$1,190,000

MLS: 19-2415

Co-Listed with Deb Keenan

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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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Property sales over $1 million increase in August 2016

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The Colbert Real Estate Report

Monthly Market Update for Sept 2016

Jackson Hole, WY

What Sold in Aug 2016?

  • 52% :: Percentage of single family home sales (slight increase)
  • 34% :: Percentage of condo/townhome sales (slight decrease)
  • 14% :: Percentage of Land Sales (slight increase)
  • 45% :: Percentage of residential properties selling for over $1 million (up from last month)
  • 55% :: Percentage of residential properties selling for under $1 million 
  • 20% :: Percentage of residential properties selling for under $500,000 (spike after two months of decline)

What it means:  The breakdown of sales by property type has remained relatively consistent over the last two months, with single family home sales representing just over 1/2 of all sales in Teton County. The share of condo and townhome sales has decreased over the last few months, down from a high of 46% in May.  Land sales increased slightly in August but have remained relatively consistent throughout 2016, usually making up between 10-20% of monthly sales.  Entry level sales saw a spike in August after declining for the past two months. There were 10 condo sales under $500,000 in August, 8 of which were located in the Town of Jackson, including a 2 bed/1 bath townhome with a 1 car garage, which sold for just over $450,000. It was the least expensive property with a garage in Teton County. While the “middle market” ($500,000 – $1,000,000) remained strong in August, accounting for 34% of all sales, there were also several sales in the $1-2 million range, including a high end Pine Glades townhome on Snow King, which sold for $1,820,000. As a result, sales over $1 million increased after being down in July.  High end sales (defined as sales over $3 million) also rebounded in August (after zero sales in July), as 3 properties sold between $3-$5 million, and included homes in JH Golf & Tennis, Teton Village and 3 Creek Ranch. 

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clusters

Clusters townhome with garage sold in August (listed by JH Sotheby’s)

pineglades

Pineglades townhome at the base of Snow King sold in August (listed by JHREA)

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Real Estate activity rebounds after slow July, but still lags 2015

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New listing activity explodes in May in Jackson Hole real estate market

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The Colbert Real Estate Report

Monthly Market Update for June 2016

Jackson Hole, WY

What’s new in May 2016? (New Listing Analysis)

  • 110 :: Total number of new listings in April
    • Total New Listing Volume: $206,025,000
    • Average List Price: $1,870,000
  • 78 new residential properties (single family, condo, townhome)
    • Average List Price: $1,860,000
    • New listings already under contract or sold: 13
  • 32 new building sites
    • Average List Price: $1,890,000
    • New listings already under contract or sold: 1

What it means: Hello Inventory! New listing activity exploded in May as over 100 new listings hit the market last month, totaling over $200 million in listing volume. Without a doubt, the busy summer selling season is here! In the early parts of 2016, inventory levels lagged 2014 & 2015 numbers (see chart below), however new listings in May surpassed 2015 levels and nearly matched 2014 levels.  New listings in May outpaced sales at a rate of more than 3 to 1, meaning for every sale in May, 3 new listings came onto the market. The average asking price of May’s new listings was close to $2 million, as many high end properties hit the market. In particular, there were 13 new listings over $3 million in Teton County in May, including a 35 acre property in Ely Springs Ranch ($10.3 million), the re-listing of the Lazy Moose Ranch in Wilson ($8.75 million) and a 5,100 sq foot home in Bar-B-Bar Meadows north of town (listed for $3.25 million and pictured below).  At the other end of the spectrum, 9 condos priced under $500,000 were added to the summer inventory, including a 2-story, 2 bed/2 bath townhome on Glenwood ($395,000) and a 2 bedroom Ponderosa Village condo, currently the least expensive property in Teton County, listed at $265,000.  Compared to April, May also saw nearly 3 times as many new lot listings, with an average listing price near $2 million. The least expensive lot listing in May is a 4.3 acre lot located south of Wilson for $380,000, while the most expensive lot listing was a 35 acre parcel in Crescent H Ranch listed for $6.75 million.

Notable new listings in May include:

  • Beautifully remodeled 3 bedroom East Jackson townhome with Teton views – $599,000
  • Re-development potential on double lot in Town with older single family home and large shop – $1,195,000
  • Newly constructed 2,400 sq foot home in downtown Wilson – $1,350,000
  • 6 acres of private land on the Wilson bench on Teton Pass – $1,200,000

Click HERE to view all new May residential listings.

Click HERE to view all new May land listings.

NewListings

NewListings2014-2016

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Bar-B-Bar

Newly listed home in Bar-B-Bar $3.25 million – Listed by RE/MAX Obsidian

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As we enter the busy summer listing/selling season, the amount (and price) of new inventory will dictate future market values. The law of supply and demand will especially affect the sub $1 million segment, where current supply levels are very low compared to 2015. Whether you are a first time or seasoned home buyer, there are still opportunities out there, with many not listed in the MLS. If you are an active buyer, or looking to get into the Jackson Hole real estate market, please connect with me for an honest and comprehensive analysis of the current buying opportunities in our market.

As a Seller, the best strategy is to price your property competitively (based on the most comparable sales) and market it effectively, as buyers continue to be motivated by finding a good value. If you are interested in a learning what your property could sell for in this market, please connect with me for a free, in-depth, data-driven market analysis.

New Listings continue to hit the market as busy summer selling season approaches in Jackson Hole

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The Colbert Real Estate Report

Monthly Market Update for May 2016

Jackson Hole, WY

What’s new in Apr 2016? (New Listing Analysis)

  • 54 :: Total number of new listings in April
    • Total New Listing Volume: $83,100,000
    • Average List Price: $1,540,000
  • 43 new residential properties (single family, condo, townhome)
    • Average List Price: $1,266,000
    • New listings already under contract or sold: 9
  • 11 new building sites
    • Average List Price: $2,600,000
    • New listings already under contract or sold: 0

What it means: New listing activity continued to increase as we approach the busy summer selling season. Fifty-four new properties (including both residential properties & building sites) hit the Teton County real estate market in April. After several months of lagging or matching the inventory levels seen in 2014 & 2015, April saw more new residential listings than in the previous years (see chart below). New listings in April continued to outpace sluggish sales levels, this time at a rate of 2.5 to 1. In April, there were 10 new condo/townhome listings under $750,000, lower than last month’s 17 new listings in this price range, but nonetheless adding much needed inventory to the entry level market. By March 10th, 4 of these new listings were already under contract, illustrating the continued high demand for properties in this price point. At the other end of the spectrum, 6 single family homes hit the market priced in excess of $2 million including homes in Jackson Hole Golf & Tennis, Teton Pines, Game Creek and an 8,300 sq foot home in Town overlooking the Elk Refuge (listed for $4.9m). The middle of the market saw quite a bit of new listing activity as 11 new single family home listings priced between $500,000 – $1,000,000 hit the market, including homes in Rafter J, Cottonwood Park, East Jackson, and a ranch style home on 5 acres south of Jackson (pictured below).  Nearly a dozen new lot listings were added to the inventory in April including 4 building sites in Saddle Butte, located just north of downtown, ranging from $788,000-$1,995,000.

Notable new listings in April include:

  • 3 bdrm condo at Snow King with short term rental income – $545,000
  • 3 bdrm remodeled townhome (with garage) at the base of Jackson Hole Mountain Resort – $1,275,000
  • Rafter J lot in the new King Eider subdivision – $349,000

Click HERE to view all new April residential listings.

Click HERE to view all new April land listings.

NewListings

NewListings2014-2016

Spoiled Horse

New Listing in Spoiled Horse subdivision – $849,000 – listed by RE/MAX Obsidian

Click HERE to read the full Monthly Market Update for May 2016.

Thinking of listing this summer?

As we approach the busy selling season, Sellers will be in a great position to benefit from low inventory levels in the Jackson Hole market. If you are curious about the value of your property in the current market, please contact me for a free and accurate market analysis. Properties listed by May 25, 2016 will be included in our RE/MAX Obsidian Real Estate Summer Brochure!

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