Jackson Hole Real Estate: December 2011

Teton Village Listings at Jackson Hole Mountain Resort

With the snow on the way being measured in FEET, check out these two awesome listings in Teton Village at the base of Jackson Hole Mountain Resort.  They both boast great rental return and with the growth of attractions at Teton Village in the summer, the rental return is safely year round.

First is a Crystal Springs condo:

• Built in 2003, this beautiful Crystal Springs condo looks over the courtyard and sits right next to the Tram.  Walk out from your personal ski locker from the underground parking garage and your on the hill!
• 3 Bedrooms, 3 1/2 Baths.  2,173 sq. ft. Listed at $1.675 mill.  Sold fully furnished.  Turn key property.  Rentals are booked!

Exterior of Building

Deck View over Courtyard and to the Mountain

Crystal Springs Open Kitchen to Living Area and Porch Views

Next is a Timbers at Granite Ridge single family home:

• Built in 2008, this home sits on the best lot in the development!  Most of these homes share a wall with another home and this one does not.  It is also positioned the furthest out in the development giving it great mountain views!  It is a short walk to the mountain.
• 3 Bedrooms + Loft, 4 Baths, 3700 sq. ft.,  $3.475 mill. with possible owner financing, fully furnished.  Owner is very motivated to sell!  Turn key property.  Rentals are booked!

Jacuzzi and Firepit accessed from 2 bedrooms and living space exterior door

Great Room Looking Out

Call for details!!!

Merry Christmas and Happy Holidays!  Get yourselves out to Jackson Hole for a visit.

Wyoming: The Tax Friendly State

I've blogged about this before, but it's always worth a re-due.

Other than the beauty, National Parks, Forbes #1 ski resort and all the other reasons to move here, check out how you can save money too!

Here is the link to Forbes: http://www.forbes.com/sites/christophersteiner/2011/12/13/the-top-5-ski-resorts-in-the-united-states/

1. No state income tax.
2. In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust.
3. No inheritance tax or estate tax.
4. No state gift tax.
5. No tax on out of state retirement income.
6. Low property taxes.
7. No excise taxes.
8. No tax on mineral ownership.
9. No intangible taxes: Wyoming doesn't make you pay a tax on financial assets like stocks and bonds.
10. No tax on the sale of real estate.

Call us for more reasons to visit us here in Jackson Hole!

Jackson Hole: Year Sales Review

From the Teton County MLS:

January 1, 2011 - December 12, 2011

• 350 Closings to date
• 149 Closings under $1 million
• 61 Closings between $1 million and $2 million
• 14 Closings between $2 million and $3 million
• 13 Closings between $3 million and $5 million
• 7 Closings $5 million and up

January 1, 2010 - December 31, 2010

• 281 Closings
• 175 Closings under $1 million
• 44 Closings between $1 million and $2 million
• 23 Closings between $2 million and $3 million
• 14 Closings between $3 million and $5 million
• 10 Closings $5 million and up

Sales are up about 20%.  Dollar volume is down about 6%.

Call or email for more detail or details on specific areas of the market!

Visitors to Spring Creek Ranch

We have some great listings where our office is located on East Butte here in Jackson Hole.  We have 3 styles of townhome here at Spring Creek Ranch Resort as well as executive homes all of which can be rented "short-term."  The Amangani Resort also resides here on the Butte!  Owners there get the amenities of the Aman resort in addition to Spring Creek Ranch amenities.  Call for details!

Spring Creek Ranch Realty Listing on www.forbes.com: Cool Winter Cabins.  Check it out:

http://www.forbes.com/pictures/ekkl45eee/jackson-hole-wyo-2

Call for details!!

The Jackson Hole Ski Season Has Begun!

We're not where we were last year for total snowfall, but we're well above average.  The resort opened this last weekend with all but the Tram and Sublette chairs.  This weekend, the Sublette chair will be up and running! We are only behind Grand Targhee over the hill as far as total snowfall with over 7 Feet.

Check out this guy that was hanging around our place a couple weeks ago!