Short sales and potential foreclosures continue to play a significant role in the Jackson Hole real estate market. Yesterday’s Jackson Hole News&Guide continued its coverage of the impending foreclosure of the iconic Jackson Drug building on Town Square. In short, the stone building constructed in 1937, which has 2,940 square feet of retail space, 2,600 square feet of storage and a 4-bed,...
Teton County
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...
Have you been curious about the burgeoning housing development off South Park Loop between Cottonwood Park and Indian Trails? Well, it’s called Cottonwood Flats and will eventually include 65 total units, nine of them “affordable.” On Sunday I toured the model homes that have been completed, including a duplex with 2-bed, 2-bath, 1,068-square-foot units and a duplex with 3-bed, 3-bath,...
At the end of the first week of the New Year, Teton County Multiple Listing Service reports six closed real estate sales for a total sales volume of $10,755,000. Of the six sales, however, one was a lease for 11,905 square feet of new office space for $3,600 per month at 690 S. Highway 89. This is the new building between Kmart and Movieworks that has an Italian restaurant on the first floor. Another was...