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.

THE DETAILS:

  • 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!

Insights from the Jackson Hole Real Estate Quarter 3 Market Report

We are pleased to present the quarter 3 market report for the Jackson Hole area. Derived from our proprietary, forty-year old database (not just MLS data) and our team’s decades of combined experience, Jackson Hole Real Estate Associates’ Market Report is the most trusted and accurate real estate report in the region.

The Jackson Hole real estate market continues to show stability particularly in the single family home segment. At the end of the third quarter of 2019, despite a 20% drop in number of homes sold the average sale price rose 13% year over year. During the same period in 2018, the average sale price gained 7% over prior year indicating a sustained period of steady, consistent growth. The median price also grew by 17% indicating that the higher-end sector was more active. Once again, the market at the mid to low end of the price spectrum was negatively impacted by the lack of inventory. This lack of inventory also impacted the $2-5M range.

Nationally, prices grew at a relatively flat 4%.

Overall in Teton County Q3 2019 posted a 9% increase in inventory hopefully offering much needed relief for buyers who have been struggling to find thier perfect home. Inventory in Single Family Homes is up 37% however,  pending listings are up 10%, and days-on-market is down 22% indicating good activity in the Single-family Homes sector.

The overall year-over-year housing statistics for the greater Jackson Hole market continued to show a modest cooling off vs. the banner year of 2018. Using our proprietary database accounting for sales that were not reported through the Teton County MLS, the total dollar volume dipped 10% over prior year through the end of Q3. This is an improvement over mid-year numbers where total sales volume dipped 16%.

Once again Jackson Hole Real Estate Associates is proud to report that while overall sales volume in Teton County dropped, Jackson Hole Real Estate Associates’ sales volume grew 8% YTD through Q3. This increase indicates Jackson Hole Real Estate Associates’ growing market share as our team proudly represented the most buyers and sellers of any brokerage in the region.

To learn more about the Jackson Hole market or for more information specific to your area, please don’t hesitate to contact us.

Custom Melody Ranch Home

NEW LISTING COMING SOON!! Built in 2006 and completely remodeled in 2012, this spectacular 3,550 sqft Melody Ranch home sits on on .70 acres. Soaring cathedral ceiling with reclaimed Salt Lake City Trestlewood beams and large windows are the focal point of the great room with stunning mountain views. The well-lit open floor plan makes for an inviting interior. There are 4 bedrooms and 4 bathrooms, and a 900 sqft garage. The custom kitchen features a tulikivi stove. Truly a unique offering in Melody Ranch.

The Facts

Built in 2006 & Remodeled in 2012
4 bedrooms & 4 bathrooms
.70 Acres
3,550 sqft – 1,910 sqft on first level with 1,640 sqft second level
900 sqft garage
Kitchen update in 2018
Outdoor deck enhanced in 2018
In-floor heat
Tulikivi Stove
$1,000 HOA fees
$8,700 Taxes
First Right of Purchase on Lot to the North

List Price: $1,897,500

CONTACT CHRISTY AND GARTH >>

Private Skyline Ranch Home

NEW LISTING COMING SOON!! Private and secluded home in Skyline Ranch on .71 acres perfect for a family or as a mountain retreat. Centrally located between town of Jackson and Wilson, Wyoming, and a less than 10 minute drive to Teton Village. Also, located in the Wilson school district. 3 bedroom/3 1/2 bathroom home has been well-maintained with attention to detail. Vaulted ceilings and Grand Teton view are a highlight of the living room. Recently updated kitchen features granite counter tops, custom cabinets and stainless steel appliances.

Additional features include updated bathrooms, wood floors, vaulted ceilings, 2 car garage, detached artist studio, and opportunities for wildlife sightings abound. The mature landscaping and gardens only add to the appeal of this Skyline Ranch home. 

The Facts

Skyline Ranch neighborhood
3,387 sqft
.71 acres
3 Bedrooms/3.5 Bathrooms
Teton Views
New Kitchen and Updated Bathrooms
2 Car Garage
Detached Structure
Mature Landscaping
Close to Town, Wilson and Teton Village
Wilson, Wyoming School District

List Price: $1,749,000

CONTACT CHRISTY AND GARTH >>

Winter Catalog of Fine Properties

Our Winter Catalog of Fine Properties has arrived!
We are pleased to present this current selection of exceptional real estate as well as information pertaining to some of the wonderful resources and organizations available to our visitors and residents. Please stop by one of our locations to pick up a copy or follow the link to view the digital version.
View Catalog of Fine Properties

Jackson Hole Real Estate Associates Summer Catalog of Fine Properties

We are happy to announce that our Summer Catalog of Fine Properties is here! Additionally, we are delighted to feature information pertaining to some of the wonderful resources and organizations available to our visitors and residents. Please stop by one of our locations to pick up a copy or follow the link to view the digital version.

Click to view the Summer Catalog of Fine Properties

Jackson Hole Global Networking Event

The Jackson Hole Real Estate Associates to host Christie’s International Real Estate Global Networking Event

Jackson Hole Real Estate Associates will host a Christie’s International Real Estate Global Networking Event in Jackson Hole, Wyoming, from January 21-24, 2016. Global affiliates of Christie’s International Real Estate will gather for the multiday event to share ideas and best practices, network, and enjoy some of the greatest skiing in the world. This exclusive event will attract top real estate professionals from the world’s leading luxury real estate network spanning 46 countries with over 1,350 offices and 32,000 professionals.
Wyoming-based Jackson Hole Real Estate Associates, the largest real estate brokerage in the Jackson Hole region, is thrilled to share its extraordinary destination with attendees from around the world. This networking event gives the company an opportunity to acquaint the global real estate community with one of the top mountain destinations in the United States. The event will take place at the Jackson Hole Mountain Resort in Teton Village, which will be kicking off its 50th anniversary celebration.
“As the reigning Christie’s International Real Estate Global Affiliate of the Year, we are grateful for the support regarding this global networking event,” said Julie Faupel, JHRE Associates Partner. “Bringing the top brokers together from this $113 billion dollar network for 4 days in Jackson Hole will not only benefit the relationships formed among our brokers, but will also bring additional attention to the Jackson Hole community and showcase the 50th Anniversary of Jackson Hole Mountain Resort.”
“It’s an extraordinary opportunity to gather many of the best real estate professionals in one of the world’s great resort destinations,” said Dan Conn, Chief Executive Officer of Christie’s International Real Estate. “By bringing together our agents from across the globe to share insights and discuss business opportunities, we strengthen our position as the leading international network of luxury real estate companies.”

About Christie’s International Real Estate

Christie’s International Real Estate is an invitation-only affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills and Palm Beach, and 138 global affiliates with 32,000 real estate professionals in 46 countries. For additional information about Christie’s International Real Estate, please visit www.christiesrealestate.com.

About Jackson Hole Real Estate Associates / The Gillespie Real Estate Team

Jackson Hole Real Estate Associates is the exclusive affiliate of Christie’s International Real Estate in Wyoming and Idaho and has twice been recognized as the Global Affiliate of the Year from Christie’s International Real Estate. The reputation of Jackson Hole Real Estate Associates for exemplary client service and market knowledge combined with the power of Christie’s International Real Estate, the largest network of independent real estate firms, offers a synergy between local strength and global networking. The Christie’s International Real Estate network exceeds $113 Billion in annual sales and is the largest international network of real estate companies specializing in the sale of luxury and notable properties. For additional information about Jackson Hole Real Estate Associates, please visit www.jhrea.com.

About Jackson Hole Mountain Resort’s 50th Anniversary Winter 2015-16

Over its nearly 50 year history Jackson Hole has evolved, but the spirit remains bold and wild, as the last true bastion for all those who dare to live this dream. JHMR was kick-started in the early 1960’s by the passionate dream of its founders, Paul McCollister and Alex Morley. From humble and rugged beginnings, this dream was fully realized decades later with the ingenuity of a family with historic ties to the Cowboy State. In their tenure of ownership since 1992, the Kemmerer family has invested greatly in the prosperity of Jackson Hole and the state of Wyoming. With vast improvements to operations, lifts and infrastructure, they have ushered JHMR into its present-day luster and world-wide iconic status as “The Big One.” Next winter, JHMR is celebrating that “Born to Be Wild” spirit all season long with events, a video web series produced by TGR, and ‘The Crags’ will undergo a transformation with the construction and December 2015 opening of the brand new Teton Lift. This new high-speed quad lift will carry skiers and riders 1,600 vertical feet to an area that has previously only been accessible via hiking. For additional information please visit http://www.jacksonhole.com/50th-anniversary.html

About Jackson Hole

Jackson Hole continues to famously deliver our legendary powder snow, 4,136 continuous vertical feet, 2500 acres of the best beginner, intermediate and expert skiing and snowboarding and a genuine “Last of the Old West” atmosphere. Neighboring the legacy U.S National Parks of Yellowstone and Grand Teton and operating in Bridger Teton National Forest, there is no more spectacular setting for a destination resort in the world. Now with thirteen nonstop cities (and hundreds of international connections) flying to the newly expanded airport, Jackson Hole is one of the most easily accessed destination resorts in the Rockies. For route maps, ski packages, web cams, videos and more please visit jacksonhole.com

Jackson Hole Real Estate Associates Winter Catalog of Fine Properties

Our winter Catalog of Fine Properties has arrived!
We are pleased to present this current selection of exceptional real estate as well as information pertaining to some of the wonderful resources and organizations available to our visitors and residents. Please stop by one of our locations to pick up a copy or follow the link to view the digital version.

View Catalog of Fine Properties >

Jackson Hole Real Estate Associates Winter Property Catalog

We are excited to present our winter Catalog of Fine Properties! Please follow the link to view the digital version or visit one of our locations to pick up a copy.

In this catalog, we are delighted to feature our current selection of exceptional properties as well as information pertaining to some of the wonderful resources and organizations available to our visitors and residents.

 

View Property Catalog >

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

Location

  • 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

Financing

  • 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 garth@jhexperts.com.