Phillips Ridge Final - Brochure

PHILLIPS RIDGE LOT 4

5680 PHILLIPS RIDGE ROAD

IDGE LOT 4

Stunning 18 acres on Fish Creek offers the perfect combination of natural beauty of surrounding mountains, Fish Creek running through, large pond, convenience to Wilson and the Jackson Hole Valley making an ideal location for your dream estate. Imagine waking up to the tranquil sounds of Fish Creek and the breathtaking views of the Teton Range every morning. You can spend your days relaxing on your personal oasis, fishing on your stretch of Fish creek and pond, caring for your horses while simply enjoying the peaceful cottonwood treed homesite and surroundings.

Located minutes from the quaint western town of Wilson, Wyoming, having grown steadily—albeit slowly—since Elijah Nicholas Wilson founded the town in 1899.

PROXIMITY

1.1 Miles to Nora’s Fish Creek Inn

7.6 Miles to Jackson Hole Town Square

8.8 Miles to Jackson Hole

Mountain Resort

17 Miles to Jackson Hole Airport

LOT 4

SUBJECT

HUNGRY JACKS NORAS

PROPERTY PROFILE

Mature Cottonwoods

Pond on site

Fish Creek runs through property

Bridger-Teton National Forest access

Short walk to Nora’s & the US Post Office

Horses welcome

Year-Round access

Electric to property

Building Envelope – See Plat 0978

Lot Size: 18.01 Acres (+/-)

2023 Annual Taxes: $13,397

Annual HOA Dues: $4,457

Water: None

Septic: None

LIFESTYLE

It's no secret that Jackson is known for its community events and outdoor recreation. During the winter season, Jackson Hole Mountain Resort, Snow King Mountain, and Grand Targhee Resort (a short drive over Teton Pass) offer skiing and snowboarding for both beginners and the most advanced riders. Other popular winter activities include snowshoeing, snowmobiling, dog sledding and relaxing in the local hot springs.

The summer months offer warm, sunny days followed by crisp, cool evenings. Outdoor activities include hiking, fishing, boating, rock climbing, mountain biking, camping, wildlife viewing, tennis and golfing. The long summer days and jaw-dropping summer sunsets do not disappoint in Jackson Hole.

If fly fishing is more your speed, try your luck in Fish Creek, your on-property fishing hole, or explore the many blue-ribbon fishing spots in the surrounding area. Avid fishermen may choose to spend a leisurely day with no agenda or sign-up to compete in the famous “One Fly” event in early September. While teams vie to out-fish the competition, the event ultimately benefits trout populations and habitats through philanthropy.

OWNERSHIP ADVANTAGES

WYOMING

No transfer tax on real estate sales.

No state income tax for residents. Personal and corporate incomes are not taxed by the state, so you have more disposable income.

Dynasty trusts. Using a Wyoming dynasty trust, you can shield your real estate from federal estate taxes for up to 1,000 years for the benefit of your family or other beneficiaries. Multiple generations can enjoy the property, without paying estate taxes or worse, having to sell it to pay the taxes. You must administer the trust within the State of Wyoming.

Out-of-state retirement is not taxed. People who use Wyoming as a second home may have retirement income from other states where they live. If the participant is a Wyoming resident when they take that income, then the original state cannot tax that income as well.

No state gift tax. Those who own real estate in Wyoming can ‘gift’ it to their heirs without paying state gift taxes.

No inheritance or estate tax. Inheritance taxes are not assessed in Wyoming.

Low property taxes. Compared to other states, Wyoming has very low property taxes. The taxes that you do pay here are based on the assessed value (9.5%) of the property.

No excise taxes. Whether you fill up your car with gas or buy groceries, you won’t be charged any excise taxes in Wyoming.

No tax on mineral ownership. Many states charge owners a tax on their mineral ownership, but Wyoming does not.

No intangible taxes. Bonds and stocks aren’t taxed in Wyoming.

Why not Wyoming?

Beautiful scenery, savings on income taxes, rural living, lower cost of living, and a slower pace of life could be yours.