December 27, 2018 Real Estate News

New & Noteworthy: Jackson Hole Ski Properties

by Staff Writers

Teton Village is the undisputed epicenter of skiing in Jackson Hole, but three new, contemporary listings prove that you don’t necessarily need to be in the Village core to take advantage of the renown on- and off-piste offerings of the valley.

Nestled in the woods at the south boundary of the Jackson Hole Mountain Resort lies Ellen Creek—a wooded hillside subdivision comprised of just sixteen home sites. 6840 N. Ellen Creek Road offers owners a seven bedroom, contemporary-inspired ski chalet on 2.45 private acres, while being only minutes from the dining and amenities of Teton Village.

A large, dual-sided stone fireplace is a focal point in the spacious, 7,500+ square foot floor plan that is ideally suited to family or entertaining, alike. Features include a gourmet chef’s kitchen, soaring ceilings, six en-suite bedrooms with an additional mother-in-law suite. After a day on the slopes, unwind with family and friends in the outdoor jacuzzi beneath the stars or within the home’s sauna. Staying in for the evening? Select a bottle of wine from the home’s wine cellar and relax in the gorgeous wood panelled sitting room and watch the snow fall through beautiful picture windows.

6840 N. Ellen Creek Road is a refined, hillside ski chalet in the quiet Ellen Creek neighborhood of Teton Village.

Newly offered within the Aspens at the Jackson Hole Racquet Club, just five miles from the Jackson Hole Mountain Resort, is a stunning, contemporary, two-bedroom condo renovation that is truly unique to the market. Designed and furnished by Christina Atkinson at Haus Home Goods in Fredericksburg, Texas—the condo is being offered fully furnished and turnkey.

3715 Teton Drive #27-2-2 in the Aspens offers a bold, contemporary redesign and the potential of short-term rental revenue.

Bright white, vertical clapboard, barn door sliders and warm, natural accent tones harness the best of the modern farmhouse aesthetic. The entirety of the condo has been carefully reimagined to maximize space, and every surface has been tastefully redone. The end result is a bright, efficient home centrally located on the Westbank between Wilson and Teton Village. Whether utilized as a primary residence, or as a short-term vacation rental, this Dogwood unit is guaranteed to impress.

If skiing pass laps or Nordic skiing is more of your style, 1440 Fenn Drive is just a mile outside of the heart of Wilson and provides ideal access to both the backcountry of Teton Pass and to Trail Creek Nordic Center.

New construction and contemporary design throughout defines the hillside Wilson home at 1440 Fenn Drive.

Located on the wooded hillside directly across from the Old Pass Road, this brand new construction and contemporary design culminates in a three-bedroom retreat featuring high-end finishes throughout. A custom, gourmet kitchen extends into an open living area while expansive floor-to-ceiling windows and doors invite in the southern light and valley views beyond a rooftop patio. The 2,975 square foot home includes an oversized, heated two-car garage  to help ensure you’ve got plenty of room  for a quiver of skis and bikes, and that you’re ready for quick access to Glory or the south side. A separate, 980 square foot guest home with its own garage on the property expands the offering of this new Wilson gem sited on the lower flanks of Teton Pass.

Regardless of whether you prioritize ski-in/ski-out access, convenience, privacy or a combination thereof—there are a variety of properties featuring quick proximity to the slopes for the ski enthusiast in Jackson Hole. For a full picture of current offerings and ski properties available throughout the valley, let a Jackson Hole Sotheby’s International Realty agent be your guide. Stop in to one of our twelve sales offices throughout the region—including six within Teton Village.

Market Appreciation on the Quiet Side of the Tetons

With the busy Summer 2018 behind us and heading into the winter ski season, we’re left to ask, “how much has the Teton Valley real estate market recovered since the Global Financial Crisis?”

The Teton Valley, Idaho and Alta, Wyoming, real estate market continues to bustle with activity. The market continues to show progressive growth with sales values moving steadily upwards.

In looking back over the past few years, the market appreciation becomes clear following the bottom of the real estate market in 2012/2013. While different approaches can yield a variety of statistics, we scoured real estate records to find instances where the exact same property sold both at the bottom of the market, and then again in the last 12 months.

VICTOR :: Sage Hen condos MLS # 17-3220
2 bedrooms, 2 baths, 1,210 sq.ft.
March 2017 sold price $209,500.
June 2012 sold price $87,500.
Increase in value: 139.4%

VICTOR :: Teton Springs (Mountain Meadow) MLS # 18-1261
3 bedrooms, 3.5 baths, 2,742 sq.ft.
August 2018 $580,000.
January 2009 $375,000.
Increase in value: 54.7 % 

DRIGGS :: Downtown MLS # 18-1751
2 bedrooms, 1 bath, 1,196 sq.ft.
August 2018 sold price $310,000 (Remodeled in 2017).
December 2013 sold price $158,500.
Increase in value: 95.58%

DRIGGS :: Targhee Ridge Estates MLS # 18-550
3 bedrooms, 2.5 baths, 1,654 sq.ft.
August 2018 sold price $400,000.
November 2013 sold price $286,000.
Increase in value: 39.9%.

Teton Valley Sotheby’s International Realty agents have the experience and knowledge and will provide you with the insight to make sense of a rapidly changing market. We look forward to helping you navigate our rapidly changing market.