Slope Side Luxury

SLOPE SIDE LUXURY

3723 W Michael Drive, Teton Village, WY 83025

Slope Side Living

Your Mountain Retreat This rare freestanding Moose Creek unit is perfectly situated slope side and only a short walk to the heart of Teton Village. Sold fully furnished, this unit is ready to be lived in or short-term rented.

Offered Turnkey $3,295,000

Open Living Space Co mfo rta b le fo r the who le fami l y , g rea t fo r enterta ining

TOP FLOOR MASTER SUITE with Private Balcony and Large Walk-in Shower

Guest Bedrooms

Sleeping Indian and Chairlift Views

Each guest bedroom is suited with full bath

Private outdoor patio perfect for relaxing after a day of activites

3 72 3 W MIC HA E L D R I V E , # 22 T ETON V IL L A G E , W Y 8 3 0 25

$3,295,0 0 0 PR OPER TY D ESCR IPTION

BEDROOMS TOTAL BATHS SQUARE FEET YEAR BUILT AREA

3 4 2,261 2000 TETON VILLAGE

This true ski-in/ski-out Moose Creek sland alone unit is located adjacent to the Moose Creek chairlift. The recently renovated 3 bedroom, 4 bath unit features an upgraded kitchen, an open floor plan and a luxurious master bathroom with heated floors and a large-walk in shower. Just a short walk to the restaurant and shops in Teton Village. Sold turnkey and fully furnished. Ready to live in, short-term rent or vacation.

V IEW S

Slope Side Views, Mountain Views, Valley Views

FE ATU R ES

Hardwood floors, Eat-in kitchen, Wine cooler/bar, Heated floors in master bathroom, private balcony off master suite, Outdoor patio with fireplace, Hot tub, Mudroom, Ski storage, Attached one-car garage and yard.

GRA H AM-FAU PE L - M E N D E N H A LL & A S S O CI AT E S

g fm @jhrea .com

3723 W MICHAEL DRIVE, #22, TETON VILLAGE, WY

$3,295,000

PROPERTY SUMMARY

APPLIANCES & FIXTURES

Year Built: 2000

Refrigerator/Freezer: Whirpool Stainless

0.15 Acre Lot

Double Wall Oven: Whirpool Stainless Electric

1-Car Attached Heated Garage

Dishwasher: Whirlpool Stainless

Mountain and Valley Views

Sink: Hand-crafted BLANCO Kitchen Sink

Ski-In/Ski-Out

Dining Room: Dry Bar & Wine Cooler

Short-Term Rentable

Laundry Room: Maytag Washer & Dryer

HOME SUMMARY

FEES

Total Living Area: 2,261 square feet

Property Taxes: (2019) $16,740.50

3 Bedrooms, 4 Bathrooms

HOA Annual Dues: (2019) $10,452

Indoor and Outdoor Entertainment Spaces Open Kitchen/Living/Dining on Main Floor Master Suite comprises the entire Top Floor

INTERIOR FEATURES Hardwood Floors Open LIving Layout Large Walk-In Shower in Master Bathroom Heated Floor in Master Bathroom All Bedrooms have En Suite Bathrooms Dry Bar & Wine Cooler in Dining Room

EXTERIOR FEATURES Outdoor Patio Outdoor Fireplace Hot Tub Covered Patio off the Dining Room

GRA H AM-FAU PE L - M E N D E N H A LL & A S S O CI AT E S

g fm @jhrea .com

GRAHAM-FAUPEL-MENDENHALL & ASSOCIATES Jackson Hole Real Estate Associates Christie’s International Real Estate 307 690 0235 888 301 2402 gfm@jhrea.com grahamfaupelmendenhall.com 80 W. BROADWAY JACKSON, WY 83001

OUTPOST PROJECTIONS MOOSE CREEK 22 VACATION RENTAL MANAGEMENT

AVAILABLE OCCUPANCY Defined as the ratio between nights booked versus the total nights available for booking, Available Occupancy is a true measure of how well you are able to fill homes. The calculation strips out owner stays and only factors nights available for guests to book.

KeyData Dashboard is an analytics platform that pulls booking information directlyCopyright from a Key Data, LLC 2019 Created: 5/7/19 17:05 PM participant’s reservation system. In Jackson Hole, there are five market participants including Outpost. According to this data, Outpost (blue line) boasts an average Available Occupancy of 64% versus its competitors’ (orange line) average of 14%. The data range above was pulled on May 7, 2019 and spans from April 15, 2018 to April 15, 2019.

OUTPOST PROJECTIONS MOOSE CREEK 22 VACATION RENTAL MANAGEMENT

2

REVENUE PER AVAILABLE RENTAL Revenue Per Available Rental, or RevPAR, measures revenue performance by factoring both the average daily rate and the available occupancy. It is a good snapshot as to how well one earns revenue, not just converting bookings. It is calculated by multiplying the average daily rate by the available occupancy.

Any one can book a home at 100% occupancy by offering the daily rate at $1.00. RevPAR allows for accountability by factoring rates into the equation. Outpost (blue line) averaged a RevPAR of $198 over April 15, 2018 to April 15, 2019, which is about 82% higher than its competitors’ (orange line) average of $109.

OUTPOST PROJECTIONS MOOSE CREEK 22 VACATION RENTAL MANAGEMENT

3

THE SCIENCE OF DYNAMIC & STRATEGIC PRICING We maximize revenue by sifting through the analytics on both aggregate and individual levels. Our revenue team tweaks pricing and strategy of our homes on a daily basis to ensure we deliver optimal performance. The following projections assume zero owner-occupied days and a strategy focused on optimized income.

YEAR-TWO PROJECTIONS

While we assume a commission structure of 35%, in actuality, we have many different offerings.

Please inquire on what structure would best fit your needs. It is important to note the above figures include forecasts and projections that represent Outpost’s assumptions and expectations in light of currently available information. Outpost’s actual performance results may differ from those projected. Consequently, no guarantee is presented or implied as to the accuracy of specific forecasts.

OUTPOST PROJECTIONS MOOSE CREEK 22 VACATION RENTAL MANAGEMENT

4

ABOUT OUTPOST: A BOUTIQUE FIRM We began our journey in September of 2014 and have quickly grown to become Jackson Hole’s largest vacation rental management company. It’s a testament to the performance, service, and responsiveness we deliver our clients. Even through our growth, our homeowners feel as if they are the only one in our portfolio.

REACH OUT AND GET TO KNOW US: our services go beyond what you see on the surface!

307.690.4790 ext. 3 •. management@outpostjh.com

OUTPOST PROJECTIONS MOOSE CREEK 22 VACATION RENTAL MANAGEMENT

5

3723 W MICHAEL DRIVE, #22 TETON VILLAGE, WY

3723 W MICHAEL DRIVE, #22 TETON VILLAGE, WY

20-69 Residential Active $3,295,000

3723 W MICHAEL DRIVE 22, Teton Village, WY 83025

Provided as a courtesy of

Graham-Faupel-Mendenhall Jackson Hole Real Estate Associates, LLC 80 W Broadway PO Box 4897 Jackson, WY 83001 gfm@jhrea.com http://www.grahamfaupelmendenhall.com

House Style: Main House Total Bedrooms: Main House BathsHalf: Main House-Main Level SqFt: Main House Garage SqFt:

2 Story

Year Built:

3

Main House Baths-Full: 3

Main House Baths-3/4: 0

4

Main House 2nd Flr & Above SqFt:

1,550

Attached

Main House # Stalls:

1

0

Main House-BG SqFt Unfinished:

Main House SqFt:

2,261

Main House Total Baths: Main House Garage Type: Main House-BG SqFt Finished: Guest House Bedrooms:

0

Guest House Baths:

Guest House Garage SqFt: Overall Total Baths: Acres: # Horses Allowed: Common Name:

1 711

2000

Last Major Remod:

Overall Total Bedrooms: Overall Livable SqFt: Horses Allowed:

0

Guest House SqFt:

0

4 0.15

Overall Garage SqFt: Lot Size:

0

3723 W Michael Drive #22

Area:

1 - Teton Village

Subdivision:

Zoning: Ann. HOA Fee $:

Resort 10,452

Flood Zone: Taxes:

Lot #: Flood Class: Tax Year:

2019

Possession:

At Closing

In-House Listing #:

County:

Teton

Ownership:

0 3 2,261 No

Moose Creek Town Homes 16,740

Exclusions: Townhouse

Legal Description: UNIT 22, BLDG. 9, MOOSE CREEK TOWNHOMES Public Remarks: Highly desirable, true ski-in/ski-out Moose Creek unit. One of only two stand alone units in the Moose Creek Development. Located adjacent to the high-speed Moose Creek chairlift, this recently renovated 3 bedroom, 3.5 bath unit features an upgraded kitchen, an open floor plan and a luxurious master bathroom with heated floors and a large walk-in shower. After a fun day of adventures, relax beside the fire on the private outdoor patio or take a soak in the hot tub. Just a short walk to Teton Village. Sold completely furnished and with strong, year-round income potential.

Water: Private (Community) Sewer: Private (Community) Basement: None Construction: Stick Built On Site Exterior: Wood Furnished: Furnished Ground Flr Mstr Bdrm: Ground Flr Mst Bdrm: No Amenities: Cable; Deck; Fire Sprinkler; Garage Door Opener; Hardwood Floors; Hi-Speed Internet; Hot Tub; Landscaped; Patio; Ski in/out; Sprinkler System Agent Owned:

Property Features: Adjacent Open Space; Adjacent Pub Land; Cable to Property; Electric to Property; Forest Access; Lodging Overlay; On Paved Road; Phone connected to Home; Ski in/out; Slope Side; ST Rentals Allowed; Trees; Year Round Access Interior Trim: Pine Hardwood Floors: Fir Exterior Trim: Cedar Roof: Comp Shingle Fireplace: Wood #: 1 Air Conditioning: None Fuel Type: Electric; Wood

Heat: Electric Baseboard Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Water Softener: None Driveway: Asphalt View: Mountain View; Slope Side View; Valley View Special Rooms: Eat-in Kitchen; Storage Lifestyle: Mountain; Outdoor Recreation; Pets Allowed; Skiing

N

Seller Concessions: County:

Teton

Listing Price:

3,295,000

Ownership:

Townhouse

LO: Jackson Hole Real Estate Associates, LLC Information is deemed to be reliable, but is not guaranteed. Š 2020 MLS and FBS. Prepared by Graham-Faupel-Mendenhall on Wednesday, January 15, 2020 5:24 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.