Yesterday I told you about Cottonwood Flats, Jackson’s newest residential neighborhood. Today let’s take a look at its much older neighbor to the south, Cottonwood Park. The first portion (the Corner Creek area) was platted in 1984 with additional filings until 1992 (Rangeview area).
Here is the Teton County Multiple Listing Service search for Cottonwood Park. Highlights include:
- Five active listings, with four single-family homes listed between $599,000 and $765,000. The townhome is a Corner Creek unit built in 1986 with 2-beds, 1-bath, 1,120-square-feet and a 1-car detached garage listed for $395,000 that has been on the market a remarkable 824 days, originally listed for $580,000.
- Two pending listings, including another on Corner Creek lane, though this is a Wilderness Townhouse built in 1989, that has 2 beds, 1 bath, 870 square feet and a 1-car attached garage was listed for $385,000. On the market for 544 days, originally listed for $520,000.
- Since approximately 1998, the oldest year for records in the Teton County Multiple Listing Service, there have been 196 recorded sales in this subdivision. The lowest recorded closing was in 1998 for a townhome on Corner Creek with the same specs as the active listing above for $105,000. So even in our “down” market, this home is still worth about 300 percent more than it was 12 years ago.
- The highest sale ever in Cottonwood Park is $779,500 in April 2008 for a 5-bed, 3-bath, 2,478-square-foot home on Mountain View lane built in 1992. Sold in 48 days for just about two percent off original list price.
