Teton Realty Today

Category Archives: Neighborhood analysis

Teton Pines Clusters units sees NEW listing, PRICE CUT and PENDING

Coincidentally, there were three Teton Pines Clusters homes on the Teton County Multiple Listing Service daily hotsheet this morning. A 4-bed, 4-bath, 2,938-square-foot Clusters home built in 1985 – one of Teton Pines’ very first – is new to market today at $1,650,000. A 5-bed, 5-bath, 5,806-square-foot Clusters home built in 1989 was reduced in [...]

Alpine Airpark: Second most beautiful airport in Wyoming (after Jackson Hole)

Every morning, hundreds of Alpine, Wyoming, residents make the scenic 35-mile drive through the Snake River Canyon to Jackson to work, play, attend schools, shop or visit. The drive takes less than an hour. Alpine is even closer by airplane! While commuters may not find it economical or convenient to fly their small plane between [...]

Neighborhood Focus: Melody Ranch lot listing turns clock back to 2005

After nearly two years since the last sale of a building site in Melody Ranch, a new listing today for a .33-acre lot in Melody Ranch for $399,000 turns back the clock to August 2005. It was during that month that eight building sites in this neighborhood sold for between $370,000 and $395,000. By September [...]

Neighborhood Focus: Game Creek-Squaw Creek

Today’s open house schedule included five of the seven active listings in the Game Creek-Squaw Creek area. Located approximately 7 miles south of Jackson, this area is characterized by horse-friendly properties that average about five acres on rolling, sparsely treed terrain. Just 20 minutes from Jackson, this area never ceases to impress with its open [...]

Neighborhood Focus: Rafter J

A price reduction reported on today’s Hotsheet on a 3-bed, 2-bath, 1,360-square-feet single-family home in Rafter J is a microcosm of how far values in this neighborhood have fallen. Now listed at $459,000, this home last sold in August 2007 for $600,000, which was $32,500 above the list price, after 67 days on market. In [...]

Aspens/Racquet Club 1-bed condos peaked in late 2007; today’s prices mirror 2005

After last weekend’s close of a 1-bed, 1-bath, 766-square-foot unit in the Aspens/Racquet Club at $220,000, I took a closer look at this market segment. A quick look reveals this is the lowest price since October 2005 for what is perhaps the most common unit in this neighborhood dominated by short-term rental properties. Going back [...]

Teton Village where the action is this week

Highlighted by two sales in Four Seasons, this week’s Hotsheet has been all about Teton Village real estate. (Jackson Hole Mountain Resort has also been a very vibrant scene lately after receiving more than six feet of snow in the last week as this video makes abundantly clear!) In addition to the two closed listings [...]

Neighborhood focus: Granite Ridge in Teton Village

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 [...]

Neighborhood focus: Cottonwood Park

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 [...]

New Cottonwood Flats project fills in-town need

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 [...]