Bear Island Lodge

Custom log home on over 19 acres along the Snake River.

Every once in a while we come upon an extraordinary property that is truly a one-of-a-kind Jackson Hole property. A place so private the only sounds you will hear are those of the wildlife calling. A place for creating memories. Welcome to Bear Island Lodge! Located on over 19 acres along the Snake River, this exquisite estate offers unparalleled luxury, craftsmanship and authentic Jackson Hole living throughout its grand living spaces and acreage.

Every detail from the custom designed iron lighting to the antler staircases has been created by the west’s best craftsmen and commissioned exclusively for this property. Enjoy its expansive ironwood deck, rolling lawn, outdoor fireplace for star gazing, swimming pool and billiards bar. If you’re up for adventure, world-class fishing is just out your back door or Grand Teton National Park is only a few minutes away. In addition, there is a 2 bedroom guest house complete with its own garage and an extra 4 car detached garage which features: a finished storage space, a workshop and studio. With all of its scale and splendor, the property remains warm and inviting, making it a unique retreat for intimate family life yet poised for large-scale entertaining. Property sold completely furnished.


  • 19.25 acres
  • 7,567 sqft, 4BD/7BA
  • 576 sqft attached garage
  • Indoor swimming pool
  • Billiards room
  • Executive office
  • Walk-in pantry
  • CC Builders constructed all structures
  • The highest quality, custom finishes
  • Chestnut floors and doors
  • Antler railings
  • Sconce lighting was commissioned and completed by Peter Fillerup
  • In-floor heating throughout and air conditioning
  • Iron wood decks and teak furniture
  • No CC&R’s
  • Sold completely furnished

PRICE: $14,500,000

CONTACT CHRISTY AND GARTH >> for more information!

A Note from the Gillespie Team – We are in this Together

The safety of you, our team, family, friends and our community is paramount during these uncertain times. Our goal is to develop and implement initiatives to keep our team and the community safe, while also being a trusted source of stability and information as we’ve done for over 40 years. We would like to offer some insight and perspective on the three questions we are getting asked most often.

How long will this last?
How will this affect our market?
What is our message to buyers and sellers?


(Our daughter practicing social distancing while skiing with Garth.)

How long will this last?

The answer to this question remains uncertain but there are indications that can be gleaned from the Center for Disease Control (CDC), World Health Organization (WHO), from postponed events, and from the forward-looking actions of governments and companies around the world.

An analysis of the likely pace of the virus spreading in the US indicates April 23rd to May 8th as the earliest dates when the virus will reach its estimated US case peak. However, there will remain a period of time as the cases decline over the following month or more.

Many Jackson Hole area public venues are closed into early April. These closures may be extended.

On March 15, the CDC announced additional guidance to limit gathers to less than 50 people, until approximately May 3rd.

– Jackson Hole Mountain Resort, Grand Targhee Resort, and Snow King Resort have made the decision to end their winter season early.
– Schools have started spring break one week early.
– Many businesses are closed throughout the valley have closed due to a state wide ordinance.
– Many events scheduled for May in the Jackson Hole area have not been postponed or canceled.
– Strict social distancing, medical or governmental interventions, and the weather will affect the time it takes to complete the curve in the next few months.


How will this affect our market?

As a company Jackson Hole Real Estate Associates has navigated tough and uncertain times in the past, and historically this region has outperformed the stock market over the last 40 years. Statistics show that visitation to our area rebounded quickly after the economic events of 9/11 and 2008.

This graph shows 12 month running totals evening out the major swings by season. Note there is a lag time between when something occurs and when the data reflect the occurrence. To look at visitation patterns post-9/11, you need to look at the visitation number for 9/11/2002, which captures the 12 months post-9/11. Similarly, the post-recession visitation isn’t captured until a year after the recession started; i.e., September 2009. The blue arrows show when the event occurred; the black arrows show the 12 month lagged visitation data you should associate with the numbers. Courtesy Johnathon Shechter/Charture Institute

– Jackson Hole and surrounding areas continue to be in demand. The favorable tax climate, lack of available developable land (only 3% of Teton County, Wyoming is privately owned), the privacy and seclusion of our area are more desirable than ever. Some may view the current global situation as a reason to pursue Jackson Hole as a safe haven.

– Our gross sales volume is up nearly 10% YTD March 17th, 2020 vs. March 17th, 2019. Interest rates are at their lowest level in at least 50 years. Buyer competition could decline for the next few months – reduce multiple offer situations. Now may be the time to get that offer accepted.

– Some sellers may want to wait to put their homes on the market. This is an excellent opportunity to prepare your home for market and be ready for the upcoming demand.

– We will have a better sense of direction in the next few weeks as this situation continues to unfold and we move into spring. Rest assured that we are paying attention to the market and will continue to provide insights into this ever changing market.


What is our message to buyers and sellers?

As we experience a new and uncharted territory, we are working closely with our local leaders to take measures to reduce the impact of COVID-19 in Jackson Hole. Our company is following the economic and global impacts of COVID-19 closely. Locally, our Agent Advisory Board met this week to discuss trends they are experiencing in the market and ways we can be a resource for the community.

The most important thing you should know is we are ready to assist you in any way that we can. Armed with the latest health and safety information, we are here to listen, counsel and support our clients toward the right decision for them.

We are changing the way we conduct business to meet new challenges and taking proactive steps to continue to help our buyers and sellers – most of our meetings will be by phone or through a virtual meeting (zoom or facetime). Our team has decided to work remotely and has adopted protocols to make sure we are creating a safe environment for everyone.

For Sellers: Some sellers may want to wait to put their homes on the market. This is an excellent opportunity to prepare your home for market and be ready for the upcoming demand. We can help you from afar to help you get your property ready while social distancing.

For Buyers: Due to low market inventory and the best interest rates we have seen in years, we are expecting buyers to start their online home research. We are happy to help answer questions and can show you homes using FaceTime, Zoom, or other technology.

If you have any questions or want to chat about current market conditions, please reach out to our dedicated team. We are in this together and available to you at any time. Thank you and stay safe.

(307) 413-5243

Just Sold: Trouts Landing in Dairy Ranch

Located on 21 acres less than 5 minutes from the town of Jackson, Trouts Landing is truly Jackson Hole real estate like no other with over 1,100 feet of prime fishing habitat on a year-round spring fed creek and a timeless 6,524 square foot home. The home was designed to incorporate the outdoors –there’s a running stream which flows throughout the property leaving you completely relaxed as you listen to the sounds of the babbling creek. Out the back patio is perhaps one of the most iconic views – the Tetons perfectly frame a large lake.

The immaculate 6,524 square foot home, 5 bedrooms, 5 baths, 3 plus car garage, is built with all reclaimed wood and the highest quality finishes.  Across the flowing spring fed creek is a 3 bedroom guest house and studio which consists of 2,960 square feet. This property is perfectly blended with nature to create a legacy masterpiece that will endure for decades to come.

Christy and Garth Gillespie recently closed this luxury listing in Dairy Ranch, one of the top four largest residential transactions since January 2015 according to Teton Board of Realtors MLS (List Price: $17,750,000). Christy and Garth Gillespie have over 25 years of combined Jackson Hole real estate experience and are consistently among the top selling brokers in Jackson Hole, Wyoming. They have a proven track record of providing quality service, and approach every transaction with the intent of exceeding expectations. See what they can do for you!


Top 10 Home Trends That Buyers Want in 2016

2016 is here! It’s time for fresh ideas and new designs. What trends will buyers be gravitating towards when looking for their new home this year? We will definitely see sustainable living and smart home technology on their wish lists. What else?

1. New finishes

Matte finishes will slowly replace stainless steel in 2016 and 2017. Don’t worry, they will still blend in with existing appliances such as stainless or black and white, but it will help the homeowner save money by transitioning their appliances over time instead of having to buy everything all at once. The matte finishes have a bonus, too. They hide fingerprints, smudges and dirt, and they are easier to clean than typical stainless steel finishes.

2. Cushioned flooring

The days of cement flooring are out. It’s too cold and hard on the feet. Cork flooring is making a comeback. It now comes in a variety of colors and is much more comfortable to walk on than traditional wood flooring and ceramic tile.

3. Circadian lighting

This year, GE is expected to release its new smart LED bulb that can change the color of the light that’s emitted to sync with the body’s circadian rhythm. “C by GE” uses Bluetooth connectivity to communicate with your smartphone so you can personalize your color temperature settings throughout the day. It’s designed to sync with your sleep cycle. You’ll be able to set it to change from energizing white light during the day to a warmer, more relaxing orange glow in the evening.

4. Better water quality

The National Association of Homebuilders’ 2016 New American Home will feature a whole-home water filtration system, and this will be an ongoing trend in new homes. Clean living is in. For existing homes, this will be a popular feature tacked onto home renovation budgets.

5. Simplicity and tech

Efficient, family-friendly layouts and open floor plans with smart home technology are going to be more popular than ever in 2016. Today’s buyers are looking for homes that are well-designed with more space in central living areas, great flow and clever, built-in storage. And a large percentage of buyers won’t be looking for the huge, 3,000-square-foot properties anymore. Smaller, smart homes are what tech-savvy buyers want — especially millennial buyers. They are all about respect for the environment, conserving energy and high-tech homes.

6. Less grout surfaces and a clean aesthetic

Luxury vinyl flooring and larger tile (12-by-24 inch or 36-by-36 inch as opposed to 12-by-12 inch) will be a huge trend in 2016. There will be more of the larger 5-by-10 foot tiles in shower surrounds and walls in bathrooms. These larger, smooth surfaces not only have a simple, clean design aesthetic, but they also use less grout, which is difficult to clean and susceptible to mold and mildew.

7. Lower pile rugs

Fewer shags and more patterned carpets will replace the standard plush. Cut and loop will be popular in 2016 and beyond. Carpet pattern and texture increase the perception of quality and value in carpet and can contrast beautifully with smoother elements such as walls, counters and furniture surfaces.

8. Enhancing health with clean design homes

With all of the healthy home products available to consumers right now, it’s possible to live in an environment that is beautiful, sustainable, energy efficient and safe with no sneezing or off-gassing. Top trends will be fabrics that don’t hold dust, Quartz stone countertops that are lower maintenance with antibacterial properties and durability, mudrooms with benches where people can leave their shoes to prevent toxins from entering the home and under-mounted sinks, which keep things cleaner by not trapping bacteria in the lip of the sink.

9. Luxury home amenities

The luxury market will also include new high-end amenities such as outdoor showers, procedure rooms, separate guest spaces and private museums.

10. Multi-family construction

Millennials and Generation Xers are likely to make up the largest portion of homebuyers in 2016. New developments are now thinking outside of the box by offering a wide variety of amenities such as pet-friendly facilities, observatories, luxury spa services, valet parking and on-site workspaces to appeal to this demographic. Sustainable living and smart home technology is here to stay and is just getting bigger and better year after year.


Article from

Vacation Home Property Sales Surge

Solitude - Jackson Hole, Wyoming

Another great post from our friends at KCM Blog…..

The American desire to own a second home as a vacation home is alive and well!

The National Association of Realtors analysis of U.S. Census Bureau data shows there are approximately 8 million vacation homes in the U.S. Their 2014 Investment and Vacation Home Buyers Survey shows vacation home sales improved substantially in 2013.

NAR Chief Economist Lawrence Yun said favorable conditions are driving second-home sales:

“Growth in the equity markets has greatly benefited high net-worth households, thereby providing the wherewithal and confidence to purchase recreational property,” he said. “However, vacation-home sales are still about one-third below the peak activity seen in 2006.”

Here are the key findings from the report:

Raw Numbers

  • Vacation-Home sales rose 29.7 percent to 717,000 from 553,000 in 2012
  • Sales accounted for 13% of all transactions last year, up from 11% in 2012
  • The median price was $168,700, compared with $150,000 in 2012, reflecting a greater number of more expensive recreational property sales in 2013
  • 42% of vacation homes purchased in 2013 were distressed homes (in foreclosure or short sale)

Buyer Profile

  • The typical vacation-home buyer was 43 years old
  • The median household income was $85,600
  • Buyers plan to own their recreational property for a median of 6 years
  • 33% said they were likely to purchase another vacation home within two years
  • 82% of all second-home buyers said it was a good time to buy (compared with 67% of primary residence buyers)

Reasons for Purchasing

Lifestyle factors remain the primary motivation for vacation-home buyers:

  • 87% want to use the property for vacations or as a family retreat
  • 31% plan to use it as a primary residence in the future
  • 28% wanted to diversify their investments or saw a good investment opportunity
  • 23% plan to rent to others


  • 41% of vacation homes purchased last year were in the South
  • 28% in the West
  • 18% in the Northeast
  • 14% in the Midwest

The vacation homebuyer purchased a property that was a median distance of 180 miles from their primary residence (down from 435 in 2012)

  • 46% were within 100 miles
  • 34% were more than 500 miles


  • 38% of vacation-home buyers paid cash in 2013
  • The median down payment was 30%, up from 27% in 2012

To find out more about the Jackson Hole Vacation Home market call Christy and Garth Gillespie – the Jackson Hole Experts – Jackson Hole Real Estate Associates at 307-413-5243 or email us at