L&K Winter Magazine 2016

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

Winter 2016

View from Lot 338 at Yellowstone Club

L&K Real Estate success in the past 3 years: Total Volume Sold

Total Marketing Reach:

$171M

48M+

Total Transactions

Community Support

157

Tserings Fund Big Sky Comm. Corp Yellowstone Park Foundation Gallatin Valley Land Trust Gallatin River Task Force BSSEF Arts Council of Big Sky Big Sky Search & Rescue Jackson Hole Search & Rescue Jenny Lake Rangers Human Resource Council

Dear Friends and Family, We are grateful for all the support in building our real estate brokerage, team and success we have had-- 2015 was an amazing year. We are also very thankful to be living and working in such an amazing area, Southwest Montana is Mother Nature at her best.

End of the day we recognize that actions are much more powerful than words so we have included some statistics and summary of our current portfolio of listings to help communicate the ethos and success of our efforts.

We would enjoy and appreciate the opportunity of working with you.

Best regards,

“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” - John F. Kennedy

21

ORGANIZATIONS

Community Members in Need Heart of the Valley Animal Shelter Rocky Mountain Elk Foundation HAVEN Riders Relief Fund Bozeman Hawks Basketball Big Sky Farmers Market Montana State Rec. Trails Program Make A Wish Spanish Peaks Community Foundation

L&K Real Estate is the top producing brokerage in sold listing volume in the Private Club communities of Yellowstone Club, Spanish Peaks Mountain Club and Moonlight Basin *

Private Club Sold Listings by Volume: L&K Real Estate: #2 Big Sky $78.2 M Brokerage: $77.8M

#3 Big Sky Brokerage: $39.1M

#4 Big Sky Brokerage: $34.8M

*YC Realty does not report sales on MLS, therefore is not included.

Meet the team

Ryan Kulesza Owner & Broker

Eric Ladd Owner

Carrie Mechura Sales Associate /Contract Manager

EJ Daws Sales Associate

Katie Morrison Sales Associate / Marketing Director

Bryce Connery Sales Associate

Jim Toth Sales Associate

Who we are L&K Real Estate, Development and Consulting is a boutique brokerage based in Big Sky, MT with over 50 years combined experience and over $1billion in sales. Specializing in luxury lifestyle properties, we work with clients to assist with their real estate needs. We understand real estate from land development to marketing and sales of finished products. Our experience varies from consulting on international residential and commercial development projects, to representing luxury listings in Southwest Montana including properties in Yellowstone Club, Spanish Peaks, Moonlight Basin and Bozeman. Our personal approach and strong marketing influence is a refreshing change to the current standard in the Real Estate industry, working as a licensed team to represent our clients, rather than individual competing agents.

What we do Property Sales • Actively market and sell residential, commercial, development, ranch & recreation property listings • Consistently communicate with sellers on showings, leads, and promotions • Professionalism in sales process from listing through closing

Buyer Representation

Development Consulting

• Market knowledge to assist in property buying process

• Market analysis including audit of regional and comparative markets

• Effectively negotiate on buyer’s behalf

• Master planning for horizontal and vertical development

• Network to assist in real estate purchases globally

• Facilitate all transaction types including 1031 exchanges, auction representation, short sales, and foreclosures

• Financial forecasting • Sales and marketing plans

Southwest Montana Real Estate Market Report* Average Sold Price by Region

Number of Properties Sold

Across the region sales remain steady, with the volume and number of sales within 5% of the previous year’s statistics.

Big Sky Total Sales Volume

Big Sky Average Sold Price

The private club sector property values are notably higher than the general market of Big Sky. In the past year, both have leveled into a balanced market with modest price growth.

L&K Real Estate: By the Numbers

Transactions 92

Transaction Volume $88,243,700

Average Sale Price $959,000

Over the course of three years, L&K Real Estate has quickly been established as a leader in the luxury real estate market in Southwest Montana. * All data derived from MLS reporting 10/2014- 10/2015. ** Private Club data includes all sales reported on MLS from Yellowstone Club, Spanish Peaks Mountain Club and Moonlight Basin.

Yellowstone Club Realty does not disclose sales to MLS, and is not included

Sold Properties PR I VAT E LU XU RY CLU BS highlights YELLOWSTONE CLUB

MOONLIGHT BASIN

SPANISH PEAKS MOUNTAIN CLUB

Offered at: $20,000,000

Offered at: $3,900,000

Offered at: $3,490,000

Offered at: $10,500,000

Offered at: $395,000

Offered at: $1,275,000

Total Sales Transactions*: $144,000,000 BIG SKY highlights MOUNTAIN

Offered at: $1,750,000

MEADOW

Offered at: $535,000

Total Sales Transactions*: $25,000,000

GALLATIN CANYON

Offered at: $225,000

g

G R E AT E R MONTA NA highlights BIG TIMBER

Offered at: $17,500,000

BRIDGER CANYON

Offered at: $16,000,000

BOZEMAN

Offered at: $849,000

Total Sales Transactions*: $36,000,000 g

C O M M E RC I A L / M U LT I FA MILY DE V E L OPME NT highlights MULTI-FAMILY DEVELOPMENT

Offered at: $874,000

MULTI-FAMILY DEVELOPMENT

Offered at: $840,000

COMMERCIAL

Offered at: $405,000

Total Sales Transactions*: $12,000,000 *Totals based on listed value

Considering listing your property for sale?

Give us a call to discuss opportunitites 406.995.2404

PRIVATE LUXURY CLUBS

Treehouse Condo at Warren Miller Lodge

MOONLIGHT BASIN

BIG SKY RESORT BIG SKY TOWN CENTER SPANISH PEAKS MOUNTAIN CLUB

YELLOWSTONE CLUB PIONEER MTN

TH E YE LLOWS TONE C LU B Yellowstone Club is the world’s only private ski & golf residence community. Located in Big Sky, MT, situated an hour north of Yellowstone Park and an hour south of Bozeman, it boasts over 13,000 acres of spectacular scenery and unmatched amenities.

Members enjoy 2,200 acres of private skiing in addition to access to 5,800 acres of skiing at Big Sky Resort. Summer offers a Tom Weiskopf designed mountain golf course, as well as private trails for hiking, biking, and horseback riding.

S PA NIS H PE A KS M OU NTA IN CLUB Spanish Peaks Mountain Club is a private residence community located in Big Sky, MT. Highlighted by a Tom Weiskopf designed 18 hole championship golf course with adjacent clubhouse, the private club, managed by Montage Resorts, also has miles of private trails and luxury amenities. Members enjoy access to 5,800 acres of skiing at Big Sky Resort, with private base area located at the clubhouse.

M OONLIGH T B A S IN Moonlight Basin has merged with Big Sky Resort for a combined 5,800 acres of public skiing on Lone Peak. With an ethos of environmental stewardship, Moonlight Basin has conservation easements on over half of the original 25,000 acres of land, fostering a healthy ecosystem.

In 2014, Moonlight Basin also created the private residential membership Moonlight Club, which offers year round amenities including a Jack Nicklaus golf course, luxury amenities and recreational programs.

OFF E RE D AT: $13, 000, 000

T H E YELLO WS T O NE C LUB

R IV E R RU N S T HRO U G H IT 68 UPPER CEDARVIEW DRIVE 13,349 SQ. FT. / 2.88 ACRES 7 bedrooms, 10 bathrooms Membership by invitation Like the book and movie of the same name, the River Runs Through It residence evokes deep emotions and reverence for the natural world. This impressive residence boasts nearly 14,000 square feet of indoor and outdoor living space. The scale of the home mirrors the grand scale of the mountains; careful window placement allows maximum views of Lone Peak, Eglise, Cedar, and Pioneer Mountains from nearly every room. Outside the home, a “jumping stream� water feature encircles the house, ending in a large pond, complete with a fountain that evokes the natural geysers found in nearby Yellowstone National Park.

Custom features such as this are evident throughout the residence, including a Warren Miller cartoon wall in the lower level family room and a two-sided stone fireplace in the great room. The home has a spacious layout with elegant main floor living, accented by spaces to play on the lower level including a cinema, ski room and well-equipped exercise room. An additional three bedroom guest wing offers privacy to share this incredible place with friends and family.

photos by Karl Neumann

OFF E RE D AT: $11, 500, 000

T H E YELLO WS T O NE C LUB

T RE E H O U S E C O N D O AT WA RRE N MIL L E R L O D G E photos by Karl Neumann

2,191 SQ. FT. 4 bedrooms,4 bathrooms Membership upon invitation The Treehouse is a rare opportunity to own in the Warren Miller Lodge. Enjoy views of Pioneer Mountain and Lone Peak from every room of the unique two-story condo. Vaulted ceilings throughout the condo provide ample space for additional lofts and bunks to comfortably host friends and family. An open kitchen, living and dining area flow out to the deck and hot tub with slopeside views right in the base area.

The unbeatable location, right in the heart of the private club’s amenities and recreation, combined with the mountain dÊcor and furnishings, create the perfect ski condo in the Rocky Mountains.

OFF E RE D AT: $9, 850, 000

T H E YELLO WS T O NE C LUB

2 1 S O A PS TON E Main Home 7,587 SQ. FT. / 5.25 ACRES 4 bedrooms, 6 bathrooms

Guest Home 1,296 SQ. FT. 2 bedrooms, 2 bathrooms Membership by invitation The residence and guest home at 21 Soapstone in Yellowstone Club bring together an uncommon balance of privacy without sacrificing spectacular views. Distinctive characteristics including a copper turret, elevator, parlor rotunda, gallery quality art collection and secret wine room are reminiscent of the old Montana mining era.

Designed by Centre Sky architects, grand gathering spaces are mingled with private alcoves, mirroring the exterior environment throughout the main home. Modern amenities are paired with historical materials, creating a comfortable and warm environment. Abundant natural light and unobstructed mountain views are captured through expansive windows and balconies.

The two bed, two bath guest home is unique in its own regard, with a porte cache, modern fixtures and Pioneer Mountain views. Combined with the main home, the property is a spacious mountain retreat, with unmatched amenities. photos by Karl Neumann

OFFE RE D AT: $5, 900, 000

T H E YELLO WS T O NE C LUB

20 8 A N D E S IT E 208 ANDESITE RIDGE RD. 6,372 SQ. FT. / 2.61 ACRES 5 bedrooms, 6 bathrooms Membership by invitation Southeast facing exposure on Andesite Ridge in Yellowstone Club bathes the home in sunlight and gorgeous views of Yellowstone Park. Perfect for entertaining, this spectacular home provides a thoughtful and functional design as the kitchen, dining and living rooms all open to each other. The dining area leads to the outdoor deck, which is the ideal setting for relaxing on warm summer evenings. A new Master Suite has been added above the garage, complete with fireplace, large walkin closet and a spa-like bathroom. photos by Karl Neumann

S PA N I SH P EAKS MOU NTAIN CLU B

OFFE R E D AT: $2,150 ,0 0 0

H OMESTE A D C A BI N #6 2,585 SQ. FT. 4 bedrooms, 5 bathrooms Membership upon approval This settlement cabin has an ideal location bordered by open space, the private Tom Weiskopf designed golf course and groomed ski trail to Big Sky Resort.

Just a couple blocks away is the Clubhouse at Spanish Peaks Mountain Club, where conveniences of luxury amenities and dining are nearby. The 4-bedroom layout uniquely has 3 bedroom suites on the main floor, with an open living, dining and kitchen area. The main floor opens out to the covered deck that looks into a forested area, creating a tranquil outdoor living environment.

Additional loft and living areas provide ample space for hosting guests while the home maintains a warm and comfortable mountain feel, complete with a monumental stone fireplace.

MOONLIGHT BASIN

OFFE RE D AT: $1, 490, 000

photos by Ryan Day Thompson

L U X U RY S U IT E 1 B 28 COWBOY HEAVEN RD 2,563 SQ. FT. 3 bedrooms, 3.5 bathrooms Membership upon approval A ski-in, ski-out luxury condo located at Moonlight Basin, it boasts one level living with a light, open floor plan in a comfortable environment. Handsomely furnished in a modern mountain style, it combines clean lines and natural elements to create an intimate, yet spacious setting. Gorgeous views of the Spanish Peaks surround the home, in addition to private hot tub and outdoor living areas.

Incredible location offers options to ski directly to multiple ski lifts and both Moonlight and Madison Lodges. Moonlight membership benefits enhance the experience with access to Jack Nicklaus designed golf course, Ulery’s Lake Adventure Center, as well as member events and private amenities at Moonlight Lodge.

Yellowstone Club Lots LOT 86 LOT 338 LOT 36A

VILLAGE LAKESIDE

AMERICAN SPIRIT

BASE AREA GOLF COURSE RAINBOW LODGE

TIMBERLINE CAFE

WARREN MILLER LODGE DOUBLE D RANCH

ELKHORN RANCH

VILLAGE HILLSIDE RANCH #4

L OT 3 3 8 BRISTLECONE DRIVE 14.6 ACRES Panoramic mountain views Membership by invitation At just under 15 acres, this lot is a rare opportunity to own a large parcel in the Pine Ridge neighborhood of Yellowstone Club. Located at the end of a culde-sac with a flat, open building site, it has open vistas towards wilderness area and trees cloaking the connecting lots. In addition to abundant wildlife, captivating views, and the amenities of Yellowstone Club, it also offers serenity in the midst of Lone Peak, Cedar and Pioneer Mountains.

OFFE R E D AT: $4,950,0 0 0

T H E YELLO WS T O NE C LUB

LOT 36A COPPER COURT 5 ACRES Private cul-de-sac location Membership by invitation Lot 36A is ideally located at the end of the Copper Court cul-de-sac, atop a ridgeline within the private ski and golf community of Yellowstone Club. The large five acre neighborhood lot is flanked by a stand of trees offering privacy to the north, adjacent pond to the south and open views of the Gallatin Range from the building envelope to the east. The lot features naturally existing meadows with glacier lilies, paintbrush and natural grasses, welcoming abundant wildlife including deer, moose and elk.

OFFE R E D AT: $3,300,00 0

LOT 86 ANDESITE RIDGE ROAD 2.64 ACRES Ski accessible lot with great views Membership by invitation This ski accessible lot with spectacular mountain views is located in the private ski and golf community of Yellowstone Club. The gently sloping homesite has abundant sunlight with small trees and southern exposure overlooking Sphinx Mountain and Yellowstone Park. Situated in a highly valued, established neighborhood, it is poised to be the spot for a dream ski-home. Ski directly to Big Sky Resort or private skiing on Yellowstone Club’s Pioneer Mountain.

OFFE R E D AT: $3,300,0 0 0

Spanish Peaks Mountain Club Lots SPRING CREEK RESERVE wea

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Sac

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SKI TIP 8

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THE SETTLEMENT CABINS martingale fork

Lewis & Clark Lift 11 10

12 13 15

9 5 4

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ELKRIDGE

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80 79

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Skier Access Way

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nighthawk fork

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tanager fork

18 8

17 SKI TIP GLADE

THE CLUBHOUSE

6 19 18

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Cabin Lift

34 35 40 51

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36 38

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32 33

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OUSEL FALLS PARK

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SKI TIP LOT 8 EAGLE VIEW TRAIL 1.11 ACRES Ski access property Membership upon approval Located in the Ski Tip Glade neighborhood of Spanish Peaks Mountain Club, this lot has ski access gently sloping from the back of the lot through a groomed ski way. Impressive views of Spanish Peaks and the Gallatin range are notable from the elevated parcel to the north and east. A nice wooded area allows for privacy in the hillside neighborhood, while close proximity to the Clubhouse, golf course, and trails provides great access to the Club amenities.

OFFE R E D AT: $825,000

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THE RANCHES

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LOT 148

123

119

136 135

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129

WILDERNESS RIDGE

WILDRIDGE

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130

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126

131

LOT 119

47 46 45

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52 62

INSPIRATION POINT

40

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132

37 45

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43 44

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ENTRY HOUSE

47 50

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S PA N IS H PEA K S MO U N TA I N C LUB

LOT 148 WILDRIDGE DRIVE 3.05 ACRES Incredible mountain views Membership upon approval Take in spectacular mountain views in all directions from this elevated lot in Spanish Peaks Mountain Club. The advantageous flat building envelope is located within a natural meadow and is surrounded by pine trees. Southern exposure with views of the Gallatin Range and Yellowstone Park bring plentiful light, while Yellow Mountain and Spanish Peaks views to the Northeast are known for sunrises and alpenglow. Producing well has been located.

Club amenities include private golf course and Clubhouse, accessing skiing at Big Sky Resort in the winter.

OFFE R E D AT: $545,000

LOT 119 OLD BARN RD. 3.13 ACRES Private creekside location Membership upon approval A rare combination of privacy, mountain views, flat building area, southern exposure and creekside location exists on this spectacular property at Spanish Peaks Mountain Club. The bordering open space and creek creates a serene environment that provides an excellent habitat for the migrating wildlife. Private trails link from the property, connecting to the Big Sky trail system including Ousel Falls, and into Big Sky Town Center. Additional private club amenities exist.

OFFE R E D AT: $450,000

BIG SKY, MONTANA

MOUNTAIN GALLATIN RIVER BIG SKY RESORT MEADOW BIG SKY TOWN CENTER

CANYON

M E A D OW The meadow of Big Sky is the central location of the community offering dining, shopping, events and services in Big Sky Town Center and the Meadow Village Center. The town remains vibrant year round with events like the Big Sky PBR, Music in the Mountains, Farmers Markets and the Christmas Stroll. Recreational amenities are abundant with ball fields, climbing boulders and skatepark in the Big Sky Community Park, miles of trails, and Arnold Palmer public golf course.

Community services are also located in the meadow, including the post office, grocery store, pharmacy and hospital.

M OU NTA IN The base area of Big Sky Resort and Moonlight Basin are located on the mountain, with lodging, dining, shopping and events all centrally located. The resort boasts 5,800 acres of skiing with something for all interests and ability levels.

In addition to skiing and snowboarding in the winter, the mountain has an extensive trail system, multiple small lakes available for kayaking and paddle-boarding, and on mountain ziplining, scenic tram rides and downhill mountain biking.

GA LLATIN CA NYO N The Gallatin Canyon is known for it’s blue-ribbon trout fishing on the Gallatin River and its tributaries. With the majority of the land being held as wilderness or forest service areas, wildlife is abundant, using the canyon as a migratory path from adjacent Yellowstone National Park. Recreational opportunities are unsurpassed from fishing, rafting, kayaking, hiking and biking, to snowmobiling, snowshoeing and hunting.

MOUNTAIN

OFFE R E D AT: $1,350 ,0 0 0

MOUNTAIN SELAH 18181 LOW DOG RD 4 , 5 7 4 S Q . F T. 5 bedrooms, 3 bathrooms This spacious and bright ski access home, located in the base area of Big Sky Resort is a great place for hosting friends and family. Ski directly home after hitting the slopes and take a sauna or hot tub to end the day. Designed with an open living area and additional recreation spaces including a loft and rec room, it allows groups to gather, while still maintaining privacy. Enjoy outdoor living with numerous decks and patios, with a seasonal creek running the edge of the lot. Shopping, dining and amenities at Big Sky Resort are just a couple blocks away, creating the perfect balance of a serene home in the woods with the convenience of luxury services nearby.

MEADOW

OFFE R E D AT: $1,5 0 0 ,0 0 0

214 W. PINE CONE TERRACE ASPEN GROVES 4 , 2 6 8 S Q . F T. / . 7 5 A C R E S 4 bedrooms, 3.5 bathrooms A contemporary residence with clean lines and modern finishes, it embodies the future of mountain architecture. Large windows, high ceilings and a balance of elements including beech flooring, slate tiles, and a Danish designed Scan fireplace give the home elegant, yet comfortable characteristics.

The layout is single floor focused, with an open living, dining, and kitchen area. Master bedroom is complete with a walk-in closet, his and her bathrooms, and a patio. Two additional rooms serve multiple purposes as bedrooms or offices.

Above garage guest suite provides a separation of space and includes a kitchenette, living area, bathroom and bedroom.

photo by Karl Neumann

GALLATIN CANYON

B U C K RID G E L ODGE BUCK RIDGE RD. 4 , 1 4 4 S Q . F T. / 1 8 . 6 7 A C R E S 3 bedrooms, 3 bathrooms Take in spectacular views of the Spanish Peaks from this large parcel in Buck Ridge Ranch.

Comfortable A-frame log cabin is spacious and open, with ample storage for snowmobiles and ATVs. Abundant wildlife, meandering creeks, and old growth pine trees are notable features of this area located within an hours drive of Yellowstone Park. Private trailhead access to Forest Service trails and land on Buck Ridge nearby make this the perfect lodge retreat to enjoy the outdoors.

OFFE R E D AT: $899,000

MEADOW

CHIEF TWO MOONS 3207 TWO MOONS RD. 2 , 3 1 5 S Q . F T. / . 2 8 A C R E S 3 bedroom, 2.5 bathroom Ideally located in Big Sky meadow near the golf course and walking distance to events, shopping and dining in Big Sky Town Center.

Captivating views of the Spanish Peaks, Lone Mountain and the Gallatin Range surround the residence currently under construction.

Beautiful finishes, main floor living, large outdoor living spaces and southern exposure create an inviting atmosphere.

OFFE R E D AT: $649,0 0 0

MEADOW

SPANISH PEAKS CLUB CONDO #44 2,140 SQ. FT. 2 bedroom, 3 bathroom + bonus room This stylish condo located in the Meadow Village adjacent to the Big Sky Golf Course has warm finishes including rough sawn wood floors, rock fireplace and granite countertops. Stunning Lone Mountain views to the west complete the mountain ambiance. Recreational access to golf, xc-skiing, hiking and biking are located right out your door, while restaurants, shopping and downhill skiing are just minutes away. The condo community is immaculately kept, including pool, hot tub, fitness center and communal gathering space.

O FFE RE D AT: $549, 900

MEADOW

DEER RUN #21 21 ANTLER DROP CT. 1,860 SQ. FT. 2 bedroom, 3 bathroom + 2 bonus rooms A well-kept townhome in Deer Run, it lives like a four bedroom with finished bonus room on the lower level and bunkroom on the upper level in addition to the master and guest room. An open living, dining and kitchen area are edged by decks on either side, capturing both morning and evening sun. Elevated above Town Center, it takes in mountain views, yet is within walking distance to shopping, dining, movie theatre and shuttle to the mountain. Agent owned.

OFFE R E D AT: $365,0 0 0

FIRELIGHT CHALET #352 352 CANDLELIGHT MEADOW DR. 1,859 SQ. FT. 3 bedroom, 3 bathroom Contemporary and bright, this well maintained end unit chalet has great views of the Spanish Peaks. Recently renovated, it features adjusted main floor layout, kitchen backsplash, new fixtures and paint. Comfortable and spacious floor plan easily accommodates for rental opportunity or primary home living. Backing up to a trail, it has great recreational access to the Big Sky trail system.

Agent owned.

OFFE R E D AT: $315,0 0 0

MOUNTAIN

CEDAR CREEK #45 13 MOOSE RIDGE RD 868 SQ. FT. 2 bedroom, 2 bathroom Convenient and charming condo on the mountain, this upstairs Cedar Creek unit is just a short walk from the Big Sky base area. An open layout kitchen, dining and living room also feature a fireplace and deck. Mountain amenities include over 5,800 acres of skiing at Big Sky Resort, extensive summer trail system, shopping, dining and events.

OFFE R E D AT: $229,000

HILL CONDO #1253 1253 SITTING BULL 440 SQ. FT. 1 bedroom, 1 bathroom Enjoy morning light from this eastern facing, quaint condo.

It is an incredible value, boasting both a lake view and walking distance to Big Sky Resort. A lower level unit, it has access to the creek and Lake Levinsky right outside your door. A clean unit, with wood floors and a new water heater, it is ideal for personal use or as a rental unit.

OFFE R E D AT: $112,000

GALLATIN CANYON

MOUNTAIN MEADOWS MOUNTAIN MEADOWS LN. 120 ACRES Private lot with Lone Peak view This 120 acre parcel is a rare opportunity for large acreage near Big Sky, MT. Sweeping views of Lone Peak, Cedar and Pioneer Mountains and the Spanish Peaks enclose this expansive space. It is surrounded by other large lots, creating a natural migratory path for wildlife, including elk, moose, and bear. Positioned in the mountains of the Gallatin Canyon between Yellowstone National Park and Bozeman, MT it has access to both recreational and urban amenities, as well as one of the world’s most incredible environments. It is not only a parcel of land, but also a sanctuary within the heart of the Rocky Mountains.

OFF E RE D AT: $3, 495, 000

Big Sky Resort

Town Center

Gallatin Canyon

Mountain Meadows

MOUNTAIN

CASCADE LOT 287A LOT 287A RISING BULL 1.04 ACRES Ski access property This spacious double lot boasts great ski access to 5800 acres of skiing at Big Sky Resort. It has a nice combination of open areas, impressive Lone Peak Views, completed with wooded privacy. The gently sloping lot is conveniently located near Moonlight Lodge and the Big Sky Resort base area, with shopping, dining and recreational amenities just a mile down the road.

OFFE R E D AT: $529,000

LOT 3 JOY ROAD 6.83 ACRES Creekside location Create a mountain retreat on this large, creekside lot.

Abundant wildlife, spectacular views of the Spanish Peaks and the Gallatin Range are plentiful from this tucked away lot. It is part of the Joy Rd. Whipple Minor subdivision, which borders 387 acres of conserved land and is near the Beehive Basin trailhead. Big Sky Resort and Moonlight Basin amenities are just a short drive away, combining convenience with solitude.

OFFE R E D AT: $415,000

GALLATIN CANYON

LOT 43A HALF MOON COURT 1.22 ACRES Streamside location A charming lot with streamside location on the West Fork River in the Big Sky Meadow Village. Tucked into old growth trees, this secluded property has privacy, yet is walking distance to shopping, dining, and events in Big Sky Town Center. Additionally, the Big Sky Golf Course, Big Sky Community Park and trail system are all nearby.

OFFE R E D AT: $399,9 0 0

ELK RIDGE LOT 28 39+ ACRES Exceptional mountain views Elk Ridge Ranch 28 is comprised of nearly 40 acres, spanning across open meadows intertwined with old growth pine trees. Located approximately 5 miles up Michener Creek Road, the lot has great proximity to Big Sky, while maintaining a private setting on the elevated plateau overlooking the Gallatin Canyon, Lone Peak, and Spanish Peaks Mountain range. The gently sloping lot, fields of wildflowers and natural grasses, blended with the forest canopy create a natural environment for elk, deer, moose and other regional wildlife.

OFFE R E D AT: $399 ,9 0 0

WINDY PASS LOT 3 5.63 ACRES Great property for horses Gorgeous Spanish Peaks and Gallatin Range views surround the flat and spacious lot.

Jackrail fencing currently exists on the property, creating a classic western feel and serving as a grazing area for horses. Located on the connective trail system, and across from the Gallatin River, the lot takes advantage of the recreation nearby. Big Sky schools all within walking distance of the lot.

OFFE R E D AT: $399,9 0 0

RANCH & RECREATION PROPERTIES

YE LLOWS TONE R E GIO N The Yellowstone region is known for its unique landscape and diverse ecosystem. A variety of wildlife from mountain goats and moose to rainbow trout and bald eagles create their home in the plateaus, mountains and rivers that define the environment. The lifestyle inherently lends itself to year round recreation. Skiing, snowmobiling, snowshoeing and Nordic skiing highlight the abundance of winter activities, while summers are best known for fly-fishing, hiking, biking and rafting throughout the rivers and open spaces in the area.

Yellowstone National Park draws millions each year to enjoy this special part of the world.

S OU TH WE S T M ONTA N A Southwest Montana is a recreational haven with a balance of mountainous countryside and vibrant towns. Aptly known for its big sky, open spaces and laid back lifestyle, it attracts those looking to enjoy the slower pace that the outdoors inspire. Historic towns such as Bozeman, Butte, and Livingston thrive with growing populations, while maintaining their tradition and charm. Ranch and agricultural lands span across the area’s spacious valleys, surrounded by rugged mountains, creating an ever-changing landscape of beauty.

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BUTTE

BIG

MONTANA

W YOMING

WEST YELLOWSTONE

YELLOWSTONE NATIONAL PARK

OFFERED AT:$19,500,000

WEST YELLOWSTONE

Photos by Ryan Day Thompson

Y E L L OW S TO N E RA N C H PRESE RV E 753 +/- ACRES Whiskey Jug Cabin / 2,702 SQ. FT. 3 bedroom, 2 bathroom Yellowstone Ranch Preserve is a one of a kind property located within five miles of Yellowstone National Park, on over a mile of Hebgen Lake shoreline. As part of the Yellowstone ecosystem, the gently rolling slopes lined with Douglas Fir and Aspens are home to several wildlife species, including serving as a calving ground for Bison. Over 750 acres are held in a conservation easement by Gallatin Valley Land Trust to protect this special property for generations to come. The natural wonders and modern day accommodations blend in harmony, with the charming Whiskey Jug cabin situated on the southern hillside and newly constructed marina on the lake. Opportunity exists for additional homesites and amenities, while maintaining the conservation easement. It is hard to imagine that a place such as this still exists: blue ribbon trout fishing, abundant wildlife, boating, Nordic skiing, hiking, biking and a canvas to create your own legacy.

BUTTE

HOMESTEAD AT THE BEACON

BUTTE

HOMESTEAD AT THE BEACON 640 ACRES Excellent big game habitat

OFFE R E D AT: $1,65 0 ,0 0 0 Captivating views of the Highlands and surrounded by the Pintler and Boulder Mountains, this is a breathtaking, substantial lot with historic structures. The habitat is an ideal locale for large game including elk & deer with open meadows, rolling hills, and forested areas.

Atop one of the hills is an airway beacon used to guide the postal service planes in the mid 1900s, while vintage cabins settle into the pasture below.

The ranch is within a short drive to both Butte and Anaconda, making it the perfect getaway with amenities and events nearby from Old Works Golf Course, Fairmont Hot Springs & Discovery Basin Ski Area to the Folk Festival and Evel Knievel Days in Uptown Butte. Conservation and development opportunities exist.

WEST YELLOWSTONE

14 CHOKECHERRY LANE 1.085 ACRES Located near Hebgen Lake

OFF E RE D AT: $97, 500 With vistas of Yellowstone Park and surrounding peaks from this Aspen Hills Subdivision Lot 14, you can see for miles. Nearby Hebgen Lake affords year round recreation in winter or summer. Slightly sloped lot is only 8 miles south to West Yellowstone and Big Sky is less than 40 miles north. Yellowstone Airport is just a short drive south.

Madison River, Cougar and Greyling Creeks along with numerous Forest Service trails are minutes away.

OFF E RE D AT: $3, 250, 000

BOZEMAN

5 1 2 O L D FA RM RO A D OLD RIVER FARM 5,497 SQ. FT. / 20+ ACRES / GUEST SUITE 4 bedrooms, 6 bathrooms Situated along almost a 1/2 mile of the East Gallatin River, this Locati design residence takes in the best of Montana with a combination of country living and proximity to Bozeman’s vibrant downtown. Part of the exclusive Old River Farm neighborhood, the home takes in breathtaking mountain views, with a protected viewshed across farmland belonging to the community’s HOA. Unbeatable recreational access from the home includes fishing directly from the property, nearby golf course, and skiing located within a few minutes drive.

The home boasts a spacious layout, with main floor living that is enhanced by abundant outdoor living spaces and above garage guest suite. Elegant finishes are evident throughout the home, from the drystack fireplaces to the wood floors, slate tile and granite counter tops. Immaculate landscaping including numerous water features along with the home’s abundant natural light, are features of the natural elements that create the residence’s serene environment.

COMMERCIAL & MULTIFAMILY DEVELOPMENT The Gallatin Valley is one of the fastest growing areas in the United States. With the beautiful views and unmatched recreation, it’s easy to see why so many are moving to Montana. During the recession, housing did not increase at the same pace as population, leaving our region with low inventory and creating opportunity for developers.

Est. population: 1,023,579

Population: 2,500

(1st time estimated over 1million)

200% increase in population growth since 1970

7 people/ sq. mile

37 people/ sq. mile

83% of workforce does not live in Big Sky

4% increase in population in past 5 years

9% increase in population in past 5 years

~1,300 housing units are needed

S PRU C E C O N E D R. BIG SKY MEADOW

.62 ACRES / PLATTED 3 DUPLEX UNITS Offered at $420,000 Zoned multi-family, turn-key project Turn-key development opportunity currently platted and planned for three duplexes, for a total of six 3 bedroom condos. Located in the established neighborhood of West Fork Meadows, this in-fill project backs to open space and is within walking distance to Big Sky Town Center. All engineering, platting, zoning, planning and construction bids have been completed and are included in price. Agent owned.

MULTIFAMILY DEVELOPMENT

Y E L L OW TA IL L OT BIG SKY MEADOW

3 . 7 1 A C R E S / UP TO 40 UNITS (WITH APPROVALS)

Offered at $2,400,000 Located on the Big Sky Golf Course Located at the end of the Yellowtail Road cul-de-sac, on the 10th and 11th holes of the Big Sky Golf Course, this multi-family development lot has numerous possibilities. It is the largest multi-family development parcel still available on the Big Sky Golf Course. Sitting on 3.5 +/- acres, Yellowtail has 64.5 SFE’s, allowing for options with development style and configurations.

design concept

COMMERCIAL

MAR KET P L A C E BIG SKY TOWN CENTER UNITS & PRICING

102 $537,662

1595 sq.ft / leased

103 $394,410

1170 sq.ft / leased

104 $405,924

1204 sq. ft / leased

201 $489,465

1,452 sq. ft / leased

203 $365,760

1085 sq. ft

Big Sky Town Center Economic Growth

42

New businesses in past 5 years

102

New jobs created in the past year

~10

New businesses projected in 2016

Big Sky Resort Tax Collections Historical Summary

The Big Sky Resort Tax is a 3% sales tax on all luxury items and services, which proceeds benefit the community of Big Sky. The collections each year are a good indication of the overall economic health of the community, as seen by record growth this past year.

A IRPO RT G A RAGE S BOZEMAN YELLOWSTONE INTERNATIONAL AIRPORT

Now taking reservations for individual units STARTING AT: $24,900/each Located on the west side of the Bozeman Yellowstone International Airport, these garages are walking distance to the terminal. They are spacious, easily fitting a large truck or suburban at 23’ x 11’ x 10’ with 9’ x 9’ doors. Equipped with on-site coded door openers, they are convenient for frequent travelers and second home owners. Limited number of heated garages available.

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

Real Estate Brokerage, Consulting & Development LKRealEstate.com

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For more information or private showings contact:

406-995-2404 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. Š2014 LK REAL ESTATE, llc. lkrealestate.com

View from Lot 338 at Yellowstone Club

Cover photos by Ryan Day Thompson