As prices for Jackson Hole real estate have fallen in the past year, sales of building sites have decreased dramatically. In general, better deals on existing homes have been more attractive than buying land and building. But there will always be those more interested in designing and building a home themselves. And while Teton County is quite famously comprised on 97 percent public lands that cannot be...
Teton County
Two weeks ago one of the two remaining undeveloped slopeside lots in Granite Ridge came on the market. Click here to see the details of this 1.09-acre property adjacent to the Teewinot ski run at Jackson Hole Mountain Resort listed at $4.6 million. This lot is one of just nine true ski-in/ski-out building sites that border the resort to the north. Since this corner of the Granite Ridge subdivision was...
Thanks to our friends at Jackson Hole Title & Escrow, who have been providing convenient and consistent updates on Teton County foreclosures, word came last night that the foreclosure set for today on an iconic Town Square property has been canceled due to bankruptcy. For the back story on the Davies-Reid building (formerly Jackson Drug), see this recent Teton Realty Today post and the included...
Late last week I had a chance to take a guided tour of the brand-new Pearl at Jackson building in downtown Jackson, as well as another good look at the White Buffalo Club, a year-old project also just a few blocks from Jackson Town Square. While both developers are trying to find just the right buyers for what they consider unique products in a challenging real estate environment, each is taking a...