L&K Property Collection Summer 2017

PHOTO BY RYAN DAY THOMPSON | SxS Ranch

S O U T H W E S T M O N TA N A P RO P E RT Y C O L L E C T I O N

Summer 2017

Carrie Mechura Sales Associate /Contract Manager

Eric Ladd Owner

Ryan Kulesza Owner / Broker

EJ Daws Sales Associate

Bryce Connery Sales Associate

Katie Morrison Sales Associate / Marketing Director

At L&K Real Estate we represent clients purchasing and selling the finest luxury lifestyle properties in We love this beautiful place and are passionate about helping others find their own connection to it.

Kate Scott Sales Associate

Montana.

Why work with L&K Real Estate?°

$

$35M+

$1.4M

Total Volume Sold YTD

Average Transaction

Highest average transaction of any brokerage in SW Montana

Sold 1/2 of homes in Bozeman over $2 million

Sold 65% of Spanish Peaks Land Volume

°All stats from January - June 2017

SELLER REPRESENTATION:

BUYER REPRESENTATION:

Our strong marketing approach ensures our listings receive maximum exposure in a creative and professional manner.

We strive to achieve the highest value for our sellers.

Our market knowledge helps buyers navigate the process to find their ideal property whether it’s an undervalued area in a hot market or a one of a kind legacy purchase.

All information given is considered reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and should not be relied upon as such. These offerings are subject to errors, omissions, and changes including price or withdrawal without notice. Statistical information obtained through MLS, information considered reliable but we cannot guarantee its accuracy. All rights reserved.

Equal Housing Opportunity. If you currently have a listing agreement or buyer broker agreement with another agent, this is not a solicitation to change. ©2016 LK REAL ESTATE lkrealestate.com * Private Club membership by invitation or upon approval **Per MLS as of date of publishing

MARKET REPORT**

BIG SKY

BOZEMAN

HISTORICAL ACTIVE VS. SOLD UNITS

HISTORICAL ACTIVE VS. SOLD UNITS

350

700

300

600

250

Land: 203

200

Residential: 191

150

500

300

100

200

50

100

0

Land: 335

400

Residential: 174

0 2011

2012

Sold Residential

2013

2014

Active Residential

2015

2016

Sold Land

2017

Active Land

*Active units snapshot taken June of each year

MARKET TRENDS 2011-2017

RESIDENCE

45%

Price Increase 2011-2017

2011

2012

2013

Sold Residential

Active Residential

2015

2016

Sold Land

2017

Active Land

*Active units snapshot taken June of each year

MARKET TRENDS 2011-2017

LAND

RESIDENCE

Price Decrease 2011-2017

Price Increase 2011-2017

14%

2014

54%

LAND

46%

Price Increase 2011-2017

BIG SKY - Residential inventory is nearing historic lows, with

BOZEMAN - As one of the fastest growing communities in

a 24% decrease in active listings since last year. This is causing pricing to begin to increase again after the slight correction we saw in the past 2 years. The land market has started to see more traction since the beginning of 2017 as inventory has just begun to decrease for the first time since 2013.

the U.S., the inventory in Bozeman continues to remain low, despite the large number of new developments being built. Both the land and residential markets have seen substantial average price increases as the market continues to try to keep up with demand. With active inventory similar to that of Big Sky, but over 10x the population, the growth is expected to continue.

DEVELOPMENT CONSULTING: L&K Real Estate has a global reach, specializing in luxury resort development properties. We understand the intricate relationship between world-class activities and luxury amenities that create a truly authentic experience, bringing together good investments with an exceptional lifestyle.

FEATURE PROJECT MUKUL RESORT AND RESIDENTIAL COMMUNITY Located on Nicaragua’s stunning Emerald Coast, Mukul provides a private oceanfront luxury lifestyle.

MukulResort.com

OUR VIEW

Mukul Resort is the best opportunity in Central America

PRIVATE LUXURY CLUBS Big Sky

View from Lot 38 Bristlebrush

YELLOWSTONE CLUB | SPANISH PEAKS MOUNTAIN CLUB | MOONLIGHT BASIN

RIVER RUNS THROUGH IT LOCATION Yellowstone Club* SIZE 13,349 SQ FT 7 bedrooms, 10 bathrooms 2.88 ACRES OFFERED AT $14M

The largest ski-in, ski-out home available at Yellowstone Club

388 ANDESITE RIDGE ROAD LOCATION Yellowstone Club* SIZE 4,852 SQ FT 4 bedrooms, 5 bathrooms 2.15 ACRES OFFERED AT $6.45M

Recently remodeled ski-in, ski-out home with southern exposure

LOT 338 BRISTLECONE DRIVE

LOT 472 WHITE SPRUCE

LOCATION Yellowstone Club*

LOCATION Yellowstone Club*

SIZE 14.6 ACRES

SIZE 2.9 ACRES

OFFERED AT $4.95M

OFFERED AT $3.3M

Panoramic mountain views from the largest available residential lot at Yellowstone Club

Creekside ski-in, ski-out lot with mountain views

LOT 86 ANDESITE RIDGE ROAD

LOT 144A PUMICE ROAD

LOCATION Yellowstone Club*

LOCATION Yellowstone Club*

SIZE 2.64 ACRES

SIZE 2 ACRES

OFFERED AT $3.3M

OFFERED AT $2.65M

Breathtaking views combined with both Nordic and alpine ski access

Best value ski-in, ski-out lot at Yellowstone Club

LUXURY SUITE 1B LOCATION Moonlight Basin* SIZE 2,563 SQ FT 3 bedrooms, 3.5 bathrooms OFFERED AT $1.445M

Prime ski-in, ski-out location to both Madison Village and Moonlight Lodge

HOMESTEAD CABIN #6 LOCATION Spanish Peaks Mountain Club* SIZE 2,585 SQ FT 4 bedrooms, 5 bathrooms OFFERED AT $2.15M

Ski-in, ski-out on the 17th hole of the Spanish Peaks Mountain Club golf course

HOMESTEAD CABIN #6 LOCATION Spanish Peaks Mountain Club* SIZE 2,585 SQ FT 4 bedrooms, 5 bathrooms OFFERED AT $2.2M

Ski-in, ski-out on the 17th hole of the Spanish Peaks Mountain Club golf course

SKI TIP LOT 10 LOCATION Spanish Peaks Mountain Club* SIZE 1.02 ACRES OFFERED AT $875K

Incredible ski-in, ski-out lot located near the Spanish Peaks Clubhouse

SKI TIP LOT 8 LOCATION Spanish Peaks Mountain Club* SIZE 1.11 ACRES OFFERED AT $825K

A great value ski-in, ski-out property

LOT 38 BRISTLEBRUSH LOCATION Spanish Peaks Mountain Club* SIZE 1.27 ACRES OFFERED AT See agent for details

Breathtaking views on Spanish Peaks Mountain Club golf course

LOT 119 OLD BARN ROAD LOCATION Spanish Peaks Mountain Club* SIZE 3.13 ACRES OFFERED AT $450K

Private, creekside lot with southern exposure and mountain views

LOT 118 OLD BARN ROAD LOCATION Spanish Peaks Mountain Club* SIZE 2.49 ACRES OFFERED AT See agent for details

Southern exposure lot bordering open space

BIG SKY

100 Crail Ranch Road

MEADOW | TOWN CENTER | MOUNTAIN | GALLATIN CANYON

KANDAHAR AT BEEHIVE BASIN LOCATION Big Sky Mountain SIZE Main home: 5,409 SQ FT 3 bedrooms, 3 bathrooms Guest home: 2,165 SQ FT 3 bedrooms, 2.5 bathrooms 19.9 ACRES OFFERED AT $3.45M

Premier creekside location with Beehive Basin trail access

25 LOWER DUDLEY CREEK LOCATION Gallatin Canyon SIZE 4,076 SQ FT 5 bedrooms, 3 bathrooms 9.74 ACRES OFFERED AT $1.65M

Spacious log home with Gallatin River views

245 RAIN IN FACE ROAD LOCATION Big Sky Meadow SIZE 3,446 SQ FT 4 bedrooms, 3 bathrooms 0.69 ACRES OFFERED AT $1.595M

Located in an established neighborhood with ample natural light

2789 TWO MOONS ROAD LOCATION Big Sky Meadow SIZE 1.22 ACRES OFFERED AT $1.495M

Creekside location - under construction

100 CRAIL RANCH DRIVE LOCATION Big Sky Meadow SIZE 3,730 SQ FT 4 bedrooms, 4 bathrooms OFFERED AT $1.29M

Creekside luxury condo in the heart of Big Sky

BLACK EAGLE LODGE #30 LOCATION Big Sky Mountain SIZE 2,549 SQ FT 3 bedrooms, 4 bathrooms OFFERED AT $1.35M

Ski-in, ski-out in Big Sky Resort base area

MOUNTAIN SELAH 18 LOW DOG ROAD LOCATION Big Sky Mountain SIZE 4,574 SQ FT 5 bedrooms, 3 bathrooms 1.07 ACRES OFFERED AT $1.35M

Ski-in, ski-out home located near Big Sky Resort base area - makes a great vacation rental

330 BEAVER MOUNTAIN TRAIL LOCATION Gallatin Canyon SIZE 2,293 SQ FT 4 bedrooms, 3.5 bathrooms 2.95 ACRES OFFERED AT $780K

Great proximity to recreation near Gallatin River

49850 GALLATIN ROAD

VILLAGE CENTER #281

LOCATION Gallatin Canyon

LOCATION Big Sky Mountain

SIZE 2,499 SQ FT 3 bedrooms, 3 bathrooms 2.73 ACRES

SIZE 473 SQ FT Studio

OFFERED AT $595K

Private mountain home within steps of the Gallatin River

OFFERED AT $295K

Ski-in, ski-out in Big Sky Resort base area

BEAVER CREEK WEST LOT 4

LOT 287A RISING BULL

LOCATION Big Sky Mountain

LOCATION Big Sky Mountain

SIZE 20 ACRES

SIZE 1.04 ACRES

OFFERED AT $539K

OFFERED AT $529K

Incredible mountain views

Ski access property with Lone Mountain view

LOT 3 & 3A WINDY PASS

LOT 15 BOBTAIL HORSE

LOCATION Gallatin Canyon

LOCATION Big Sky Meadow

SIZE 5.63 ACRES

SIZE .88 ACRES

OFFERED AT $449.9K

OFFERED AT $445K

Enclosed property for horses

Located in a quiet, established neighborhood

LOT 1 CIEL DRIVE

LOT 3 JOY ROAD

LOCATION Big Sky Mountain

LOCATION Big Sky Mountain

SIZE 8.03 ACRES

SIZE 6.83 ACRES

OFFERED AT $415K

OFFERED AT $395K

Large private location with Lone Peak views

Creekside location near Beehive Basin trailhead

GALLATIN ROAD PARCEL 1

TRACT 4, SECTION 17

LOCATION Gallatin Canyon

LOCATION Gallatin Canyon

SIZE 2.63 ACRES

SIZE 1.4 ACRES

OFFERED AT $255K

OFFERED AT $254K

Unique opportunity to own in Big Sky without covenants near the Gallatin River

Just minutes from Big Sky Resort with incredible views of Porcupine Preserve

COMMERCIAL

BIG SKY ENTRANCE PROPERTY

PARCEL 3B GALLATIN RD.

LOCATION Gallatin Canyon

LOCATION Gallatin Canyon

SIZE 4.61 ACRES

SIZE 5.46 ACRES

OFFERED AT $3.24M

OFFERED AT $640K

Premier location at the entrance of Big Sky. Commercial and residential development opportunities exist

Riverfront property zoned commercial industrial

MARKET PLACE UNIT 104

205/207 RJS TOWER

LOCATION Big Sky Town Center

LOCATION Big Sky Town Center

SIZE 1,204 TOTAL SQ FT

SIZE 961 TOTAL SQ FT

OFFERED AT $560,920

OFFERED AT $339K

Retail space in the heart of Big Sky Town Center

Premier office space with reception area

GREATER MONTANA

Yellowstone Ranch Preserve

BOZEMAN | HEBGEN LAKE | WEST YELLOWSTONE

LIMESTONE CREEK LOCATION Bozeman, MT SIZE 10,297 SQ FT 4 bedrooms, 6 bathrooms 40 ACRES OFFERED AT $12.9M

Elegant, refined living backs to miles of forestland just minutes south of Bozeman

OSPREY COVE LAKEHOUSE 14666 HEBGEN LAKE DRIVE LOCATION West Yellowstone / Hebgen Lake SIZE 4,628 SQ FT 3 bedrooms, 3 bathrooms + 2 bonus rooms 1.03 ACRES OFFERED AT $1.795M

Recreate on Hebgen Lake at this recently renovated home surrounded by forest service land

JEFFERSON RIVER FISHING RETREAT LOCATION Cardwell, MT SIZE 29.61 ACRES 4 bedroom, 3 bathrooms OFFERED AT $675K

Custom home on 30 acres with 1/2 mile of Jefferson River frontage

1800 SKUNK CREEK ROAD

LOT 14 CHOKECHERRY

LOCATION Bozeman, MT

LOCATION West Yellowstone, MT

SIZE 38.71 ACRES

SIZE 1.085 ACRES

OFFERED AT $393K

OFFERED AT $97.5K

Beautiful parcel with creek near Bozeman

Surrounded by mountain views and recreation near Yellowstone National Park

COMMERCIAL

BEAVER POND PLAZA UNITS 8A & 8B LOCATION Bozeman, MT SIZE 3,400 SQ FT OFFERED AT $390K

Great location with three separate offices

AIRPORT GARAGES LOCATION Bozeman, MT SIZE 23’x11’10” WITH 9’x9’ DOORS OFFERED AT $24.9K

Walking distance to Bozeman Yellowstone International Airport

RANCH & RECREATION

S x S Ranch

SPORTING | CONSERVATION | COMMERCIAL

YELLOWSTONE RANCH PRESERVE PROPERTY TYPE Conservation & Recreation Ranch Site 1 | 277.17 Acres | $8.365M Ranch Site 2 | 239.75 Acres | Under Contract Ranch Site 3 | 236.52 Acres | Cabin: 3 bed | 2 bath | 2702 Sq. Feet | $6.95M

Waterfront conservation property on Hebgen Lake with private marina

S S RANCH LOCATION X Bozeman Area LAND 483.78 ACRES | 4 Parcels PROPERTY TYPE Recreational STRUCTURES Barn | Cabin (under construction) OFFERED AT $7.5M

Wide open spaces, incredible mountain views, onsite hunting, fishing and recreational amenities combine with proximity to the vibrant community of Bozeman for an unparalleled Montana experience

MISSOURI RIVER RANCH LOCATION Craig, MT LAND 160 ACRES PROPERTY TYPE Recreational STRUCTURES Main Lodge: 8,152 SQ FT / 4 guest rooms + apartment Lower Lodge: 3,139 SQ FT / 6 guest rooms Private Residence: 2,924 SQ FT / 4 bedrooms, 2 bathrooms OFFERED AT $5.9M

Fly-fishing guest lodge with nearly 1.5 miles of Missouri River frontage in one of the hottest fly fishing destinations in the state

MOUNTAIN MEADOWS LOCATION Gallatin Canyon LAND 120 ACRES PROPERTY TYPE Recreational OFFERED AT $3.495M

Rare opportunity to own a large 120+ acre parcel within Big Sky with stunning mountain views

HOMESTEAD AT THE BEACON LOCATION Butte, MT LAND 640 ACRES PROPERTY TYPE Recreational STRUCTURES Two primitive cabins OFFERED AT $1.65M

Surrounded by mountain views with incredible elk hunting.

Potential for subdivision development or conservation

ROCKING R7 RANCH LOT 4 LOCATION Bozeman Area LAND 20.232 ACRES PROPERTY TYPE Recreational OFFERED AT $650K

Amazing views within a shared lifestyle community

LAHOOD PARK COMMERCIAL PROPERTY LOCATION Cardwell, MT LAND 35.46 ACRES PROPERTY TYPE Commercial STRUCTURES Bar/Restaurant: ~3,500 SQ FT OFFERED AT $369K

Many possibilities exist for commercial property including current use as steakhouse

L&K Real Estate P.O. Box 161236 Big Sky, Montana 59716

For more information or private showings contact:

406-995-2404 View Videos Online

LKRealEstate.com

or email info@lkrealestate.com

All information given is considered reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and should not be relied upon as such. These offerings are subject to errors, omissions, and changes including price or withdrawal without notice. All rights reserved. Equal Housing Opportunity. * Private Club membership by invitation or upon approval. Š2017 LK REAL ESTATE, llc. lkrealestate.com