In Jackson Hole, there is much more to be thankful for on this final Thursday of November than a day with loved ones and a fabulous banquet. On Thanksgiving Day the lifts at Jackson Hole Mountain Resort in Teton Village will once again open to grateful skiers and snowboarders.
However, deep powder and alpine adventure are not the only items of interest to those who visit North America’s No. 1 rated resort, according to Forbes and Ski Magazine. Many also come to this hamlet below Rendezvous Peak to seek out their own little piece of the Rocky Mountains, most often in the form of a slopeside condo steps from the Aerial Tram.
Currently there are 42 full-ownership Teton Village properties listed in Multiple Listing Service, including 30 condominiums, 8 single-family homes and 4 townhouses. (There also are 37 fractional properties listed for sale, but are not included in this market update. Contact me for a detailed look at fractional properties.)
As for sales activity, since Thanksgiving 2012 there have been 49 sales in Teton Village, ranging from $185,000 for a 500-square-foot studio to more than $19 million for a 7-bed, 23,000-square-foot home on 10+ acres widely considered one of the finest ski properties in the nation. In between were myriad transactions including condo-tel units developed in the last decade to funky homes on steep lots in the “Old Village” to 40-year-old, 2-bed condos a few blocks from the lifts. How’s that for some wide-ranging terrain to complement the more than 4,000 vertical feet of skiing options out the back door?
Highlights among the active and recently sold listings include:
- There are 10 active listings in Hotel Terra with the least expensive priced at $597,000 for a 1-bed, 2-bath, 782-square-foot unit and the high end at $1.325 million for a 3-bed unit in the second phase of Hotel Terra. Five sales have been reported in the last 12 months.
- Teton Mountain Lodge, a comparable yet distinctive condo-tel development also located in the Teton Village core, offers 3 listings at this time ranging from $359,000 to $729,000. There have been 9 sales since November 2012.
- Two Four Seasons in Jackson Hole slopeside condos were recently listed at $4.95 million and $4.295 million. Acknowledged as the premier condo-tel property at the base of Jackson Hole Mountain Resort, these two 4-bed, 2-level condos are the highest-priced in Jackson Hole. The only other Four Seasons Jackson Hole full-ownership property listed is a 2-bed, 1,720-square-foot valley-side condo priced at $1.95 million.
- Shooting Star, a golf community offering developer built cabins and single-family home lots that opened in 2009, has been active of late with two cabin sales. Listing prices were $4.95 million and $4.45 million. Currently there are two cabins listed, both priced at $4.95 million. Contact me if interested in available building sites or for information on upcoming releases of additional developer cabins and townhouses.
Crystal Springs is another popular condo option steps from the Aerial Tram.
Contact me for a more detailed, up-to-the-minute look at Teton Village properties in your preferred market segment. Also, if you are in Teton Village this winter please look for me at the sales offices located within Teton Mountain Lodge or Hotel Terra, or email me (or Facebook me, or Tweet me) directly ahead of time to schedule a tour of these developments.
