Wednesday, February 15, 2017
185 West Broadway Jackson Hole, WY (888) 733.9009
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®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates LLC. An Equal Oppor tunity Company. Equal Housing Oppor tunity. Jackson Hole Sotheby’s International Realty is Independently Owned and Operated.
Pictured Above: Rendering of proposed development at 175 S. Glenwood, adjacent to the Center for the Arts and the new Marriott Hotel.
FLEXIBLE DEVELOPMENT WITHIN JACKSON TOWN CORE
175 S. Glenwood aims to provide needed commercial and residential space.
by Arthur Corontzes, Associate Broker with Staff Writers
Jackson, Wyoming has a unique new development opportunity currently available in the heart of town. The Western Motel site, at 175 S. Glenwood Street, has been slated for flexible redevelopment into either mixed-use, residential, or commercial use, with the capacity for both long and short term housing, and below-grade parking— four features that are virtually unheard of in a single development currently available within the town of Jackson. Adjacent to the Center for the Arts, the new Marriott Hotel, and the town’s parking garage, this 15,000 square foot plot of land has approved entitlements for roughly 30,000 square feet of habitable development with an additional, belowgrade parking garage. Current renderings and plans are included for three floors of square footage, and prominently feature an ideal first-floor, high-end restaurant space across from Jackson’s cultural hub. The second and third floor are slated to contain residential condominiums with the unique flexibility afforded by inclusion within the Town of Jackson’s “Lodging Overlay”—a zoning classification that allows any owner the option to rent their property nightly, or to occupy their condominium on a full-time, year-round basis. The development entitlements already in place offer bonus density through a now-
defunct, Planned Mixed Use Development Tool and include approved above-grade height variations and the presence of a below-grade parking garage. In addition to parking credits from the Town of Jackson, 175 S. Glenwood has planned for 10,196 square feet of below grade parking that contains 25 spaces with an additional seven on-street spaces. The flexibility of this site makes 175 S. Glenwood an intriguing option to developers looking to purchase, build, and sell space in addition to owners hoping to hold and operate for the years to come. The Town of Jackson is currently one of the hottest sub-markets within Jackson Hole, due to the high demand and low supply of single family homes, luxury residential condominiums and vacant land. Alongside the residential market, the commercial market has been booming within the past
year. In 2016 all commercial market segments thrived—from retail to mixed use, office, and industrial—but the most intriguing segment has been the development sector due to the ability to create new inventory to conform to market demands. There have been multiple development transactions that have occurred within the past year including the sale of 112 Center Street, the current Wells Fargo site on the Town Square, which is entitled for a 67,000 square foot development on 1.03 acres and was listed for $10.5M. 112 Center Street, enticed multiple-offers due to its prime location and flexible development future. 175 S. Glenwood provides both of these features at a fraction of the cost. Copies of current plans, which detail square footage and entitlements, are available via Jackson Hole Sotheby’s International Realty.
Pictured Above: Interior rendering of proposed third floor condominium with expansive views to Crystal Butte and the northeast.
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REAL ESTATE NEWS, Wednesday, February 15, 2017
Historic Ranch Location The seller of this home transformed a classic log cabin into the quintessential mountain retreat. A new guest cabin, new master suite edition, upscale renovations all add luxurious living features and privacy. 4BR, 4.5 BA, office, big windows, and views. Beautiful gardens surround a large, secluded deck with an outdoor fireplace and a hot tub. Excellent valley location!
$4,485,000. MLS# 16-1657
Incredible 360 degree views 5 acre lot just north of downtown Jackson. Private access to the Snake River, a variety of wildlife year round, level building site with lots of light, amazing views. Create a Jackson Hole getaway or a year round home. Take a look!
$1,300,000. MLS# 16-2257
Market Insight | Valley Knowledge | Experience Jackie Montgomery, Associate Broker
(307) 690-6272 | jackie.montgomery@jhsir.com
UNPARALLELED VIEWS AND PRIVACY 3 SEPARATE OFFERINGS ON SADDLE BUTTE • 10 minutes to the Town Square • Large lots = privacy • Private access • Sweeping views of the Tetons, the Elk Refuge, Sleeping Indian and Cache Creek Lot 103 | 8.9 Acres | $1,295,000 | MLS#16-884
Lot 105 | 6.66 Acres | $1,400,000 | MLS#16-881
*View From Featured Listing: Lot 113
Lot 113 | 30.75 Acres | $1,895,000 | MLS#16-879
Unique opportunity to own a premier building site high above the valley floor at the top of Saddle Butte.This quiet, private neighborhood offers the best unobstructed, sweeping Teton Range & Elk Refuge views the valley has to offer, all within 10 minutes of Jackson Hole’s Town Square.
Jane Carhart Associate Broker 307.413.8961 jane.carhart@jhsir.com
EXCEPTIONAL PERSONALIZED SERVICE
REAL ESTATE NEWS, Wednesday, February 15, 2017
Ed Liebzeit
Associate Broker (307) 413-1618 Ed.Liebzeit@jhsir.com
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NATIONAL ASSOCIATION OF REALTORS
“GOOD NEIGHBOR” RECIPIENT
EdInJackson.com
Breathtaking Natural Setting
Creekside Elegance
4 Bedrooms | 4 Full Baths, 1 Half Baths | 6,740 Sq. Ft. | 3.55 Acres $5,950,000. #N2S9X5.
4 Bedrooms | 4 Full Baths, 2 Half Baths | 11,500 Sq. Ft. | 40 Acres Price Upon Request. #GPR68T.
Five Minutes from Teton Village
Gill Addition Gem
4 Bedrooms | 4 Full Baths, 1 Half Baths | 3,765 Sq. Ft. | 3.01 Acres $3,575,000. #PQ68CP.
Ideal Home in Teton Springs
3 Bedrooms | 2 Full Baths | 2,358 Sq. Ft. | .44 Acres $699,000. #59HCYK. 185 W. Broadway
5 Bedrooms | 7 Full Baths, 2 Half Baths | 9,376 Sq. Ft. | .42 Acres $7,500,000. #YT3Q38.
Perfect In-Town Location
5 Bedrooms | 5 Full Baths | 3,945 Sq. Ft. | .18 Acres $1,395,000. #Q42QTF. Jackson Hole, WY
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REAL ESTATE NEWS, Wednesday, February 15, 2017
Wake up to a new view. PIC TU R ESQ UE & P R I VAT E JAC K S O N H OL E R ETR E AT I N DA I RY RA NC H A picturesque and private family retreat on 11 bucolic acres in the coveted Dairy Ranch subdivision. The property consists of a spacious main home, detached guest house, 6 garage bays, a barn for horses or toys with ample space on the second level for a caretaker’s suite or generous home office. The combination of dwellings and private acreage so close to town is unparalleled. Glorious Grand Teton views abound, with the luxury of town, schools, bike paths, 3 Creek Resort, and endless recreation just minutes away.
$3,900,000 | MLS 16-2716
IDYLLIC LOG HOME AND SETTING MINUTES FROM WILSON 3 acres overlooking conservation land offers the solace of open spaces yet conveniently minutes from Wilson. Tucked in a gallery forest with soaring mountain views sits this idyllic mountain retreat. Two-story log home in immaculate condition with gourmet kitchen, lofted spaces, large windows and skylights to brighten the home. A sleek modern detached office with a basement, and a detached guest suite help complete this perfect get-away.
$2,600,000 | MLS 16-2658
chris.wilbrecht@jhsir.com 307-413-3947
SPRING CREEK RANCH Rustic elegance with room for family and friends awaits you in this large 5 bedroom home at Spring Creek Ranch. Commanding Teton views coupled with a private, tree-lined setting, spacious decks, game room, indoor swimming pool and gym, guest suite and an oversized garage combine to create a retreat worthy of Jackson Hole.
$6,800,000 | MLS 16-2357
TOP 10 TEAM IN JACKSON HOLE TOP 10 TEAM IN WYOMING
erich.wilbrecht@jhsir.com 307-690-2468 185 West Broadway, Jackson, WY 83001
REAL ESTATE NEWS, Wednesday, February 15, 2017
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The #1 Real Estate Team in Jackson Hole in 2015 as reported by Real Trends and published in the Wall Street Journal
MOUNTAIN SKI HOME JACKSON HOLE MOUNTAIN RESORT TETON VILLAGE $10,250,000 5 Beds, 5.5 Baths 0.87 Acres, 7,616 SF
After a long day of skiing world-class powder at the Jackson Hole Mountain Resort, imagine yourself retreating in proper luxury to this ski-in/ski-out, more than 7,500 square foot , 5 bedroom, 5.5 bathroom custom log home. MLS # 16-1978.
TETON PINES FRACTIONAL
PRIVATE PINES RETREAT
LINGER LONGER RANCH 7B
2 BEDS | 2.5 BATHS | 1,764 SF $224,000 | MLS # 15-496
3 BEDS | 3.5 BATHS | .96 ACRES | 4,183 SF $3,295,000 | MLS # 16-1563
35.06 ACRES $4,300,000 | MLS # 12-1860
WATERFRONT SANCTUARY
CREME DE LA CREME
LAKE CREEK RANCH
4 BEDS | 4.5 BATHS | 1.21 ACRES | 4,856 SF $4,950,000 | MLS # 15-1773
MAIN HOME: 4 BEDS | 4.5 BATHS | 4,693 SF GUEST HOME: 2 BEDS | 2 BATHS | 1,047 SF 19.26 ACRES, $5,275,000 | MLS #15-2635
Teton Pines Country Club, Wilson
Teton Pines Country Club, Wilson
Teton Pines Country Club, Wilson
Bar B Bar Ranch, North of Jackson
4 BEDS | 4.5 BATHS | 3.99 ACRES | 7,125 SF $8,975,000 | MLS # 16-2296
West Bank of the Snake River, Wilson
Dairy Ranch, South of Jackson
BRANDON STEPHANIE DAVE LIZ BABBS
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
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REAL ESTATE NEWS, Wednesday, February 15, 2017
The #1 Real Estate Team in Jackson Hole in 2015 as reported by Real Trends and published in the Wall Street Journal
RIVERFRONT RANCH JACKSON HOLE $17,900,000 72.53 Acres
Located in one of the most pristine and wildlife-rich areas in Teton County, this exclusive property fronts the Snake River and has two streams running through it. Just 10 minutes from town, restaurants, world-class recreation, and medical facilities, yet totally private and remote. The ranch offers dramatic views of the Teton Range across water with towering cottonwood stands, lush meadows, and beautiful aspen groves throughout. Elk, moose, and swans are frequent visitors. There is excellent fishing on Price Creek and the Snake River as well as the ability to keep horses on the property. This property allows for a larger compound of residential dwellings than most in Teton County. $17,900,000 | MLS# 16-776.
BRANDON STEPHANIE DAVE LIZ BABBS
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
REAL ESTATE NEWS, Wednesday, February 15, 2017
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The #1 Real Estate Team in Jackson Hole in 2015 as reported by Real Trends and published in the Wall Street Journal
MORE THAN 70 ACRES ON THE SNAKE RIVER NORTH OF JACKSON $16,000,000 70+ Acres
Living just north of the town of Jackson is a bit like living in the middle of a national park. From these two parcels, enjoy big mountain views in every direction; look West and you’ll see the Tetons spiking into the sky; look east and you’ll take in the Gros Ventre Mountain Range. Part of an extensive wildlife corridor, this location offers glimpses of elk, moose and deer nearly every day with the stunning Teton Mountains as your backdrop. Along the Snake River corridor, the riparian wildlife includes bald eagles, blue heron and osprey. Close to Grand Teton National Park, recreational activities such as hiking, fishing, rafting and cross–country skiing are mere moments away. This legacy property provides the feeling of a private rural ranch while being located just moments from the heart of the vibrant Jackson Hole Town Square and its extraordinary mountain town amenities. MLS# 15-1417.
BRANDON STEPHANIE DAVE LIZ BABBS
WWW.SPACKMANSINJH.COM SPACKMANS@JHSIR.COM (307) 739-8156
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REAL ESTATE NEWS, Wednesday, February 15, 2017
Luxury and Convenience at Shooting Star Lot 8 boasts elevated views of Sleeping Indian & Valley Floor. Enjoy all of the luxurious amenities that Shooting Star Clubhouse has to offer. Doorto-door shuttle service to and from the slopes of the legendary Jackson Hole Mountain Resort. 1.42 Acres | $4.2M | #16-2607
Westbank Mountain Contemporary 5 BR | 4.5 BA | 6,114 sq ft | $5.295M | #16-1543
Jake Kilgrow Associate Broker
Teton Mountain Lodge Bi-Level Penthouse 2 BR | 2.5 BA | 1,000 sq ft | $975K | #16-854
Contact me for additional info on these properties. 307.413.2822 • Jake.Kilgrow@jhsir.com JakeKilgrowRealEstate.com
REAL ESTATE NEWS, Wednesday, February 15, 2017
JILL SASSI-NEISON | ARTHUR CORONTZES | MERCEDES HUFF | COLLIN VAUGHN | LAURIE HUFF CALL, TEXT OR EMAIL US TODAY. 307.203.3000 | THETEAM@JHSIR.COM | MERCEDESHUFF.COM
FRONTLINE AMANGANI BUILDING SITE WITH PLANS Building Site | 1.14 Acres $3,400,000. #49TH2S. This elevated building site offers powerful views across preserved ranchland and up the entire Teton Range.There are drawn plans for a modern and open home featuring: four bedrooms, six bathrooms, a theater room, office and exercise room.The home was designed by Gilday Architects of Jackson, Wyoming and has been granted preliminary approval from the Design Review at Amangani and Spring Creek Ranch.
MOUNTAIN RETREAT 6 Bedrooms | 5 Full Baths, 1 Half Bath | 8,849 Sq. Ft. 2.9 Acres | $6,775,000. #TP2M4T. This premier retreat is located 20 minutes from Teton Village and two minutes from the town of Wilson, yet it feels worlds away.The pristinely landscaped 3 acres offers stone patios, a fire pit, and ponds overlooking Fish Creek Ranch up to the Sleeping Indian.The home has a tasteful blend of mountain and rustic influences with a contemporary edge. High end finishes throughout and quality materials were used to create this modern day lodge. The Lodge features 6 bedrooms, 5.5 baths, a game room, large media room, private office, and a guest apartment. This stunning home is one of Jackson’s finest and a must see property for those looking for refined luxury convenient to all of the amenities of Jackson Hole.
TRANQUILITY UNDER THE TETONS IN TUCKER RANCH 5 Bedrooms | 5 Full Baths, 1 Half Bath | 3,618 Sq. Ft. | 4.3 Acres $4,850,000. #LG5NGJ. Overlooking a beautiful pond with direct views of the Tetons, this 5 bedroom, 5 ½ bathroom home in Tucker Ranch is the epitome of the Jackson Hole dream.Attention to detail is immediately apparent upon entering the home. Tasteful, custom furnishings and finishes were carefully selected by the owner to complement every space.The house is ideal for accommodating guests, or for a family, with bedrooms on either side of the welcoming great room, each with its own, full bathroom.A one-bedroom guest apartment above the attached garage provides additional privacy for guests with its own kitchen and living area, and a separate entrance. Private access to the Snake River and walking paths around Tucker Lake are exclusive privileges granted to Tucker Ranch homeowners. Jackson Hole Mountain Resort,The Four Seasons Resort and Residences and other amenities are just minutes away via car or bike path.
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REAL ESTATE NEWS, Wednesday, February 15, 2017
Patty Hartnett
MEREDITH LANDINO
Associate Broker | 307.690.3371 | Patty.Hartnett@jhsir.com
This rare 18.65 acres property boasts Snake River NZWV\IOM [MI[WVIT [\ZMIU[ ZMÆMK\Q^M XWVL[ IVL I XZQ^I\M [M\\QVO IUWVO[\ UI\]ZM KW\\WV_WWL[ IVL _QTTW_[ 4WKI\ML WV \PM <M\WV >QTTIOM :WIL \PQ[ XZWXMZ\a WٺMZ[ MI[a aMIZ ZW]VL IKKM[[ \W M^MZa\PQVO 2IKS[WV 0WTM PI[ \W WٺMZ Call today to view this lot. $4,150,000 307.690.8028 meredith.landino@jhsir.com
Teton Pines – Stunning Cluster Home This 4 bedroom Teton Pines cluster home is a must-see. It features downstairs living and has been updated with a lofted reading area that features custom bookshelves, a built in media center in the living room and a gourmet kitchen that includes two dishwashers, an ice maker and a wine closet. The views from the back porch and hot tub overlook a seasonal stream and on to the Teton Pines golf course to create a beautiful setting. Sold furnished. $2,850,000. #16-1500.
MEREDITHLANDI LAND MEREDITH 18+ ACRES WITH SNAKE RIVER FRONTAGE
MEREDITH LANDINO This rare 18.65 acres property boasts Snake River NZWV\IOM [MI[WVIT [\ZMIU[ ZMÆMK\Q^M XWVL[ IVL This rare 18.65 acres property boasts Snake River I XZQ^I\M [M\\QVO IUWVO[\ UI\]ZM KW\\WV_WWL[ NZWV\IOM [MI[WVIT [\ZMIU[ ZMÆMK\Q^M XWVL[ IVL This rare 18.65 acres property boasts Snake River IVL _QTTW_[ 4WKI\ML WV \PM <M\WV >QTTIOM :WIL I XZQ^I\M [M\\QVO IUWVO[\ UI\]ZM KW\\WV_WWL[ NZWV\IOM [MI[WVIT [\ZMIU[ ZMÆMK\Q^M XWVL[ IVL \PQ[ XZWXMZ\a WٺMZ[ MI[a aMIZ ZW]VL IKKM[[ \W IVL _QTTW_[ 4WKI\ML WV \PM <M\WV >QTTIOM :WIL I XZQ^I\M [M\\QVO IUWVO[\ UI\]ZM KW\\WV_WWL[ M^MZa\PQVO 2IKS[WV 0WTM PI[ \W WٺMZ \PQ[ XZWXMZ\a WٺMZ[ MI[a aMIZ ZW]VL IKKM[[ \W IVL _QTTW_[ 4WKI\ML WV \PM <M\WV >QTTIOM :WIL \PQ[ XZWXMZ\a WٺMZ[ MI[a aMIZ ZW]VL IKKM[[ \W Call today to view this lot. M^MZa\PQVO 2IKS[WV 0WTM PI[ \W WٺMZ M^MZa\PQVO 2IKS[WV 0WTM PI[ \W WٺMZ Call today to$4,150,000 view this lot.
307.690.8028 meredith.landino@jhsir.com 307.690.8028 307.690.8028 meredith.landino@jhsir.com meredith.landino@jhsir.com
TETON VALLEY
Call today to view this lot. $4,150,000 $4,150,000
SELECT OFFERINGS:
BREATHTAKING MOUNTAIN LODGE $1,280,888. #WHHWM7
HANDCRAFTED LOG HOME IN THE TREES $679,000. #582YVZ
TETON VALLEY, IDAHO ONE SOUTH MAIN STREET DRIGGS, IDAHO 83422
888.354.8880
SWEEPING TETON AND VALLEY VIEWS $440,000. #7VNVJ4
REAL ESTATE NEWS, Wednesday, February 15, 2017
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Sublette Woods 15 acres along the southwest boundary of the ski resort.
Sublette Woods is currently being developed as 4 secluded homesites to be priced from $4.25M -$5,5M. Contact us for full details.
Mercedes Huff Associate Broker 307.690.9000 mercedes.huff@jhsir.com
Jackie Montgomery Associate Broker 307.690.6272 jackie.montgomery@jhsir.com
JACKSON HOLE SOTHEBYâ&#x20AC;&#x2122;S INTERNATIONAL REALTY 2016 TOP PRODUCERS SALES TEAMS Ranking by Sales Volume
Ranking by Sides (Listing & Sales Sides)
1) 2) 3) 4) 5) 6) 7) 8) 9)
1) 2) 3) 4) 5) 6) 7) 8) 9)
Spackmans & Associates Teton Partners The Legacy Group Realty Group of Jackson Hole Mercedes Huff & Associates Allen & Van Gelder JH Property Group The Wilbrechts The Hanlons
Teton Partners Realty Group of Jackson Hole Spackmans & Associates JH Property Group Allen & Van Gelder Mercedes Huff & Associates The Wilbrechts The Legacy Group The Hanlons
Spackmans & Associates Brandon Spackman Stephanie Spackman Dave Spackman Elizabeth Cheney Babbs Weissman
Teton Partners
The Legacy Group
Realty Group of Jackson Hole
Mercedes Huff & Associates
Allen & Van Gelder
JH Property Group
The Wilbrechts
The Hanlons
Collin Vaughn Jill Sassi-Neison Arthur Corontzes
Barbara Allen Bill Van Gelder
Ken Gangwer Brett Frantz Elizabeth Merrell
Ethan Valenstein Chris Grant Brooke Walles
Rob DesLauriers Jeff Ward Kelli Ward Jake Kilgrow
Chris Wilbrecht Erich Wilbrecht
Mercedes Huff Laurie Huff
John Hanlon Linda Hanlon
INDIVIDUAL AGENTS
Ranking by Sales Volume
Ranking by Sides (Listing & Sales Sides) 1. Tom Evans
2. Jay Kornoff
1. Joanne LaBelle
2. Tom Evans
3. John Pierce
4. Ian Osler
5. Ed Liebzeit
6. Bill Sullivan
3. Ed Liebzeit
4. Paul Howarth
5. Debbie Hunter
6. Darren Kleiman
7. Joanne LaBelle
8. Charlie Ross
9. Nathan Emerson
10. Darren Kleiman
7. Christian Cisco
8. Ian Osler
9. Charlie Ross
10. Nathan Emerson
307-733-9009 | JHSIR.COM
185 W. Broadway, Jackson, WY 83001 Each Office is Independently Owned and Operated.