L&K Summer Magazine 2018

PHOTO BY RYAN DAY THOMPSON | Royal Coachman 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 2018

1

Meet the

real estate team

SINGL

Eric Ladd Owner

Ryan Kulesza Owner / Broker

Sales Associate / Marketing Director

Carrie Bryan Sales Associate /Contract Manager

EJ Daws Sales Associate

Michael Pitcairn Sales Associate

Kate Scott Sales Associate

Jamie Roberts Sales Associate

Katie Morrison

Montana.

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.

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SELLER REPRESENTATION:

BUYER REPRESENTATION:

DEVELOPMENT CONSULTING:

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.

Our vast experience launching, selling, and consulting with developments from luxury resorts to condo and subdivisions gives us a unique perspective to analyze and advise to achieve developer objectives.

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. Š2016 LK REAL ESTATE lkrealestate.com * Private Club membership by invitation or upon approval **Per MLS as of date of publishing

BY THE NUMBERS*

LE FAMILY HOME

55

$94 MILLION TOTAL SALES VOLUME

TOTAL SALES

WE ARE PROUD TO

$1.44 MILLION

AVERAGE SALE PRICE

represent buyers and sellers

IN VARIOUS PROPERTY TYPES WITHIN BIG SKY, BOZEMAN AND GREATER SOUTHWEST MONTANA

RESIDENTIAL PROPERTY TYPE* SOLD BY L&K REAL ESTATE

39%

27% CONDO

AREA OF REPRESENTATION* SOLD BY L&K REAL ESTATE

26%

PRIVATE CLUB

16%

BOZEMAN/ GREATER MT

14%

SINGLE FAMILY HOME

CANYON

14%

34%

MOUNTAIN

30%

MEADOW

LAND

*All stats derived from MLS May 2017- May 2018

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MARKET REPORT All stats derived from MLS May 2017- May 2018

BIG SKY

SINGLE FAMILY

CONDO

LAND

TOTAL SOLD VOLUME

$133,884,578

$108,290,110

$69,014,995

AVERAGE SOLD PRICE

$1,504,000

$533,449

$663,606

89

203

104

NUMBER OF SALES

MOUNTAIN

MEADOW

CANYON

SPANISH PEAKS

MOONLIGHT

TOTAL SOLD VOLUME

$53,912,149

$74,919,855

$14,539,900

$30,866,500

$68,467,784

AVERAGE SOLD PRICE

$586,002

$576,307

$765,258

$2,573,875

$1,488,430

92

130

19

12

46

TOTAL SOLD VOLUME

$6,150,000

$11,276,980

$3,172,000

$10,471,000

$9,795,000

AVERAGE SOLD PRICE

$473,077

$216,875

$288,264

$698,067

$1,088,333

13

52

11

15

9

RESIDENTIAL

NUMBER OF SALES LAND

NUMBER OF SALES

GALLATIN VALLEY

RESIDENTIAL

LAND

COMMERCIAL

TOTAL SOLD VOLUME

$551,285,387

$115,288,417

$18,794,800

AVERAGE SOLD PRICE

$646,290

$306,294

$503,950

853

312

29

NUMBER OF SALES

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. 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, llc. lkrealestate.com

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DEVELOPMENT CONSULTING Whether initiating a new concept for a development or looking to revitalize a project where sales have slowed, our team has expertise in project start up and master planning, as well re-launching projects. L&K Real Estate’s process has resulted in over $2 Billion in sales.

RESORT COMMUNITY & PRIVATE CLUBS

DEVELOPMENTS

Our Resort Community and Private Club Consulting Process Includes:

Our Development Consulting Process Includes:

Phase I - Analysis • Team interviews using SWOT analysis process • Master Plan review • Sales process review • Marketing plan review • Resort Amenity and Guest Services review • Membership analysis if applicable • Vision Session with leadership team

Phase I- Master Planning • Project concepting • Product development • Feasibility study • Land use plan • Project logistic advisement • Build team of professionals: architects, general contractors, etc.

• Capital raise • Development community concept

Phase II - Sales Training • Experience Sales Training Seminar onsite with sales team and leadership team • Database management /CRM implementation and training • Sales team leadership and mentoring Phase III - Implementation • Management and oversight of implementation of goals and action items defined in collaborative vision session.

• Marketing content creation and initiation of L&K Database outreach • Marketing support if applicable • Strategic Partnerships • Sales Leadership • Brand Activation

Phase III- Marketing • Marketing plan • Content creation and design • Market positioning Phase III- Sales Consulting • Sales training • Sales reporting and tracking • Leadership training/ Sales Management • Strategic Partnerships

Phase IV - Sales • Sales management • Client Referrals 5

Which L&K listing is GREATER MONTANA

Homestead at the Beacon p. 42

HUNTING PROPERTY

ACREAGE 20+ ACRES

LAND

Skunk Creek p. 40

<$500K BIG SKY AREA BOZEMAN AREA

ACREAGE <20 ACRES

$1M+

Rock S7 Ranch Lot 4 p. 40

$500K-$1M

PRIVATE FISHING WATER

SxS Ranch p. 38

Royal Coachman Ranch p. 12 $1M+ BEAVER CREEK AREA

Mountain Meadows p. 30 Lot 4 Beaver Creek West p. 33

<$1M

Big Buck Lot 2 p. 34 Big EZ Lot 42 p. 14

Big EZ Lots 42 & 43 Combined

Big EZ Lot 43 p. 14

Lots 11A/12A Beehive Basin p. 32

MOUNTAIN CANYON

$300-$400K BIG SKY AREA

MEADOW <$300K

MOUNTAIN

GOLF COURSE

SPANISH PEAKS MOUNTAIN CLUB

WATER FEATURE

SKI ACCESS

MOONLIGHT BASIN

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Lot 16 Andesite Road p. 35

OR

Lot 63 Silverado Trail p. 35

Lot 3 Joy Road p. 35

5+ ACRES

PRIVATE CLUBS

Gallatin Road Tract 4 p. 36

Lot 30 Half Moon Court p. 36

SKI ACCESS

Lot 38 Bristlebrush p. 15 Lot 119 Old Barn Road p. 15 Ski Tip Lot 10 p. 15

Lot 44 Diamond Hitch p. 16 OR Lot 39 Saddle Horn p. 16

the perfect fit for you?

Osprey Cove Lakehouse p. 41

HEBGEN LAKE

<20 ACRES

RESIDENCES BIG SKY AREA SUMMIT VIEW NATURE CONSERVANCY

Moose Ridge Lodge p. 24

20+ ACRES MOUNTAIN

Village Center 281 p. 29 <$1M Summit Hotel 911/912

BIG SKY RESORT BASE AREA $1M+

30 Black Eagle Lodge p. 26

70 Upper Whitefish Drive p. 27

SINGLE FAMILY HOME

Pine Ridge Unit 7 p. 29

MEADOW

CONDO $300-$400K

Aspen Court Unit 13 p. 28

$400-$500K

21 Antler Drop Court p. 28 25 Lower Dudley Creek p. 25 30 Beehive Basin p. 22 Kandahar at Beehive Basin p. 20

CANYON

LONE PEAK VIEW

CREEK ON PROPERTY

MOUNTAIN

ELK RIDGE RANCH

64 Lodgepole p. 18

Find your perfect property at LKRealEstate.com

406.995.2404 7

BIG SKY PRIVATE CLUB MEMBERSHIP OVERVIEW*

AMENITIES OFFERED Membership Deposit

$400,000

Annual Dues

$41,500

Gated Access

X

Private Ski Mountain

X

Private Dining

8

Private Lodge

X

Golf Amenities

X

Reciprocity**

X

Property ownership required

X

Water Amenity

X

Pool Amenity

X

Private Trails

X

Club Activities & Events

X

Kids Activity Area

X

Jack Creek Road Access On site security

8

X

GOLF

NATIONAL

SOCIAL

SIGNATURE

NATIONAL

SPORTS

$60,000

$75,000

$35,000

$50,000

$75,000

$30,000

$10,998

$10,998

$7,525

$9,371

$9,371

$4,961

2

2

2

3

3

3

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

X

*See Club documents for additional information and benefits. All information given considered reliable, but provided by third part sources therefore we cannot guarantee accuracy. **Limited Spanish Peaks and Moonlight Basin reciprocity for signature and golf members.

X

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PRIVATE CLUBS SPANISH PEAKS MOUNTAIN CLUB | MOONLIGHT BASIN

10

11

12

ROYAL COACHMAN RANCH LOCATION Big EZ* SIZE 160 ACRES OFFERED AT $4.8M

Large private ranch parcel, just minutes from luxury amenities

*Optional Spanish Peaks Mountain Club membership 13

BIG EZ LOT 42 LOCATION Big EZ Estates* SIZE 20 ACRES OFFERED AT $399,000

Elevated building site with gorgeous mountain views

BIG EZ LOT 43 LOCATION Big EZ Estates* SIZE 20 ACRES OFFERED AT $375,000

Water feature on property with a combination of meadows and old growth trees

SOLD TOGETHER $699K Optional Spanish Peaks Mountain Club membership 14

SKI TIP LOT 10 LOCATION Spanish Peaks Mountain Club* SIZE 1.02 ACRES OFFERED AT $975K

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

LOT 38 BITTERBRUSH TRAIL LOCATION Spanish Peaks Mountain Club* SIZE 1.27 ACRES OFFERED AT $800K

Spanish Peaks & Lone Peak view on golf course

LOT 119 OLD BARN ROAD LOCATION Spanish Peaks Mountain Club* SIZE 3.13 ACRES OFFERED AT $490K

Private, creekside lot with southern exposure and mountain views

15

LOT 44 DIAMOND HITCH LOCATION Moonlight Basin* SIZE 1.283 ACRE OFFERED AT $685K

Large Diamond Hitch lot with ski access and breathtaking views bordering open space.

LOT 39 DIAMOND HITCH LOCATION Moonlight Basin* SIZE 1 ACRE OFFERED AT $595K

Ski-in, ski-out homesite surrounded by mountain views

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BIG SKY MOUNTAIN | MEADOW | CANYON

17

18

64 LODGEPOLE LANE LOCATION Elk Ridge Ranch SIZE 6,160 SQ FT 6 bedrooms, 8 bathrooms 19.86 ACRES OFFERED AT $3.895M

Modern design combined with mountain aesthetics surrounded by spectacular views.

19

20

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 21

22

30 BEEHIVE BASIN ROAD LOCATION Big Sky Mountain SIZE 6,203 SQ FT 5 bedrooms, 6 bathrooms 20 ACRES OFFERED AT $2.95M

Spacious home with commanding views in a beautiful mountain setting

23

MOOSE RIDGE LODGE LOCATION Big Sky Mountain SIZE 3,900 SQ FT 4 bedrooms, 5 bathrooms 1.44 ACRES OFFERED AT $2.45M

Gated community residence with abundant wildlife and Lone Peak view

24

25 LOWER DUDLEY CREEK LOCATION Gallatin Canyon SIZE 4,376 SQ FT 5 bedrooms, 4 bathrooms 9.74 ACRES OFFERED AT $1.65M

Spacious log home with Gallatin River views

25

BLACK EAGLE LODGE UNIT 30 LOCATION Big Sky Mountain SIZE 2,549 SQ FT 3 bedrooms, 4 bathrooms 9.74 ACRES OFFERED AT $1.65M

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

26

70 UPPER WHITEFISH DRIVE LOCATION Big Sky Meadow SIZE Main home: 4 bedrooms, 4 bathrooms 2,656 SQ FT Guest apartment: 1 bedroom, 1 bathroom 756 SQ FT OFFERED AT $895K

New construction home with proximity to Town Center amenities

SUMMIT HOTEL CONDO UNITS 911-912 LOCATION Big Sky Mountain SIZE 1,303 SQ FT 2 bedrooms, 3 bathrooms OFFERED AT $695K

Slopeside living and hotel conveniences

27

21 ANTLER DROP COURT LOCATION Big Sky Meadow SIZE 2,470 SQ FT 3 bedrooms, 3 bathrooms OFFERED AT $479K

Convenient location and great layout

ASPEN COURT 13 LOCATION Big Sky Meadow SIZE 1,156 SQ FT 2 bedrooms, 2 bathrooms OFFERED AT $339K

Recently updated end unit condo 2 blocks from Big Sky Town Center

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PINE RIDGE CONDO UNIT 7 LOCATION Big Sky Meadow SIZE 1,174 SQ FT 2 bedroom, 2 bathrooms OFFERED AT $329K

Great Proximity to Big Sky Town Center

VILLAGE CENTER #281 LOCATION Big Sky Mountain SIZE 473 SQ FT Studio OFFERED AT $295K

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

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30

MOUNTAIN MEADOWS LOCATION Gallatin Canyon SIZE 120 ACRES OFFERED AT $3.495M

Large acreage with Lone Peak view

31

BEEHIVE BASIN LOT 11A & 12A LOCATION Big Sky Mountain SIZE 40 +/- ACRES OFFERED AT $1.495M

Top of the world mountain views bordering Forest Service land

32

BEAVER CREEK WEST LOT 4 LOCATION Big Sky Canyon SIZE 20 ACRES OFFERED AT $539K

Private lot with incredible mountain views

33

BIG BUCK ROAD LOT 2 LOCATION Big Sky Canyon SIZE 20 ACRES OFFERED AT $485K

Wooded 20 acres with well, incredible views of the Spanish Peaks and Lone Peak

34

LOT 63 SILVERADO TRAIL LOCATION Big Sky Canyon SIZE 4.22 ACRES OFFERED AT $390K

Wooded lot with beautiful views

LOT 3 JOY ROAD LOCATION Big Sky Mountain SIZE 6.83 ACRES OFFERED AT $395K

Creekside location near Beehive Basin trailhead

LOT 16 ANDESITE ROAD LOCATION Big Sky Meadow SIZE .756 ACRES OFFERED AT $259K

Beautiful views of Spanish Peaks

35

LOT 40 HALF MOON COURT LOCATION Big Sky Meadow SIZE .81 ACRES OFFERED AT $325K

Trailside lot with wetland areas and mountain views

GALLATIN ROAD TRACT 4 LOCATION Big Sky Canyon SIZE 1.4 ACRES OFFERED AT $254K

Creekside lot with southern exposure and mountain views

36

GREATER MONTANA BOZEMAN | YELLOWSTONE REGION | GREATER MONTANA

Homestead at the Beacon 37

38

SxS RANCH LOCATION Bozeman Area SIZE 483.78 ACRES | 4 Parcels 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 Conservation opportunity exists

39

ROCKING R7 RANCH LOT 4 LOCATION Bozeman Area SIZE 20.232 ACRES OFFERED AT $650K

Amazing views within a shared lifestyle community

1800 SKUNK CREEK ROAD LOCATION Bozeman, MT SIZE 38.71 ACRES OFFERED AT $393K

Beautiful parcel with creek near Bozeman

40

OSPREY COVE LAKEHOUSE LOCATION Hebgen Lake, MT SIZE 4,628 SQ FT 4 bedrooms, 3 bathrooms 1.03 ACRES OFFERED AT $1.495M

Remodeled home near Yellowstone Park

41

HOMESTEAD AT THE BEACON LOCATION Butte, MT SIZE 640 ACRES STRUCTURES Two primitive cabins OFFERED AT $1.65M

Surrounded by mountain views with incredible elk hunting. Potential for subdivision development or conservation easement

42

COMMERCIAL

MARKETPLACE UNIT 104 LOCATION Big Sky Town Center SIZE 1,204 UNIT SQFT | 1,518 TOTAL SQFT OFFERED AT $560,920

A great opportunity to own on street level within the Market Place building

BEAVER POND PLAZA LOCATION Bozeman, MT SIZE 3,400 SQ FT OFFERED AT $360K

Can be separated into three distinct offices

AIRPORT GARAGES LOCATION Bozeman Yellowstone International Airport OFFERED AT Heated unit: $29.9K Unheated unit: $24.9K

Now taking reservations

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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

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