Tag Archive for: Jackson Hole Real Estate

#7 Small Team in Real Estate Sales for 2021

With a long history in Jackson Hole Real Estate and Proven Track Record for Success Allen Van Gelder, Barbara Allen and Bill Van Gelder, were recognized by Real Trends as the #7 Small Team in Real Estate Sales for 2021  in the State of Wyoming.

Individually Bill Van Gelder was the #2 Ranked Real Estate Agent and Barbara Allen was #15   in Wyoming.

Although a more challenging sales environment, Barbara and Bills year to date sales will once again have them ranked as Wyoming’s most successful real estate agents in Sales Volume for 2022.

 

Jackson Hole Commercial Real Estate

Search Jackson Hole Commercial Real Estate Here

Currently there are thirteen listings of Jackson Hole Commercial Real Estate. These listings span all types of commercial real estate, including Office, Retail and Restaurant, Multi Family, Hotel and Hospitality and Land.

Photo of commercial property for sale

3 Listings are for sale in Wilson WY

My favorite commercial property currently listed can be found in Wilson Wyoming at Osprey Landing.  These properties all have tenants in place, so they are perfect for investors looking for a solid rate of return in a property constricted market.  In addition these properties have plenty of parking and excellent street frontage located on the road to the Jackson Hole Mountain Resort. Please reach out to me for a proforma on these properties.

180 Center Street conceptual rendering

180 Center Street conceptual rendering

If you are looking for a development property, then the best current listing is 180 Center Street. Located 1/2 block off the world famous Jackson Hole Town Square this property is zoned one of the highest densities in Jackson Hole, Town Square (TS).   This zoning supports more than 32,000 sq.ft. of above-grade improvements and hosts a variety of uses including lodging, retail, restaurant and office space. The property also includes substantial parking and workforce housing credits which are a nuance to the Jackson Hole Commercial Real estate market but crucial for any redevelopment piece in Jackson Hole to pencil out and make financial sense.  Let me know if you would like more information or a proforma for this property.

The Jackson Hole Commercial Real Estate market is highly disorganized, with the majority of transactions happening outside of MLS. In a niche commercial real estate market like Jackson Hole experience and connections are what matters most. Please call or email me today for a tailored search of both on and off market Jackson Hole Commercial Real Estate Listings. Let me put my 20 years of experience to work for you – Bill

Fahrenheit 47

The Jackson Hole Lifestyle just got a little more sweet. Leave it to the Jackson Hole Four Seasons to elevate apres ski in Jackson Hole announcing today a slope side, temperature controlled igloo shaped bar Fahrenheit 47, named for the ideal champagne temperature.

Jackson Hole Four Seasons Apres Ski Bar Farenheight 47

Jackson Hole Four Seasons Apres Ski Bar Farenheight 47

The 20 foot (6 metre) custom dome structure will seat up to 20 within the heated interior space adorned with wood flooring, golden accents, cosy fur furnishings and a center bar. An 18 foot (5.5 metre) wide window will be located behind the center bar with 180 degree panoramic views of Jackson Hole Mountain Resort’s ski slopes. Emerging from the interior space, there will be an exterior lounge complete with a fireplace, fire pits and cosy seating for an additional 20 people.

Fahrenheit 47 will offer Moët & Chandon Impérial and Moët & Chandon Rosé Impérial by the glass and by the bottle, plus bespoke cocktails featuring Moët & Chandon Ice Impérial. Curated culinary après offerings will also be available for purchase.

The slope-side bar is expected to open on Thanksgiving Day, November 28, 2019, then daily from 3:30 to 6:30 pm for après ski season. The experience is open for both hotel and non-hotel guests.

Jackson Hole Four Seasons Condominium View

Jackson Hole Four Seasons Condominium View

The Jackson Hole Four Seasons has been the leader in luxury Teton Village Slopeside real estate since it was built in 2004, offering 2, 3, 4 and penthouse condominiums for sale as well as a fractional residence club program. Jackson Hole Sotheby’s is the preferred agency to sell these luxury condominiums. For more information on the real estate available at the Four Season Jackson Hole please contact us.

Jackson Hole Real Estate Update Q3 2019

Greetings from Jackson Hole!

The Jackson Hole Real Estate market is 3/4 of the way through 2019. Fall has come to the Tetons. The nights are cool and crisp and the days are full of sunshine. Although there is a hint of winter in the air with snow is starting to accumulate in the high country the golf courses, rivers and trails are still in peak form.

Q3 of 2019 was robust in sales, both the in number of and total dollar volume. At the end of Q2 we were well off the pace of last year. At the end of Q3, we are much closer to the record breaking 2018 numbers.

Dollar Volume was up 2% from Q3 2018 and up 39% from Q3 2017.

 

Total Dollar Volume for Q3 2018 was 110% of the 5 year quarterly average.

Year to Date Dollar Volume is down 5% from 2018.

To Read the entire Market Update Please Click Here

Jackson Hole Airport Summer 2018 Flight Schedule

The Jackson Hole Airport is located at the base of the spectacular Teton Range. Flying into the Jackson Hole Airport is an awe-inspiring start to your trip to Jackson Hole, since it is the only airport located entirely within a National Park.

The summer of 2018 Jackson Hole airline schedule has been announced. You can now fly directly from from Atlanta, Chicago, Dallas/Fort Worth, Denver, Houston, Los Angeles, Minneapolis, Phoenix, Salt Lake, and San Francisco into Jackson Hole.  Jackson Hole is serviced by American, Delta, Frontier and United Airlines.

Jackson Hole Airport 2018 Summer Flight Map

For the complete Summer 2018 follow this link JH-Summer-2018-Flight-Schedules

For more information of flying to Jackson, including up to date arrival and departure schedules, please visit the Jackson Hole Airports website at www.jacksonholeairport.com 

 

Wyoming Property Taxes

Wyoming Residents pay some of the lowest property taxes in the country at an average mill levy of .067%. This means on a home worth $1mm dollars, your real estate taxes average only $6000/year.

The personal-finance website WalletHub this week released its 2019 Property Taxes by State report, which compares home and vehicle taxes across the nation and features insights from a panel of experts.

By living in Jackson Hole, you not only get to enjoy our casual western lifestyle and wide range of outdoor activities, but you pay less in real estate taxes then almost any other state.

 

 

 

Year End 2018 Market Update

Grand Teton National Park

Greeting from Jackson Hole. The winter so far has been mild across the Rockies.  Currently skiing up high is good and the lower mountain is improving quickly. With the bulk of the winter yet to come, and a series of storms on the horizon, I know Jackson Hole will revert to the mean and produce a typically excellent winter for skiing and riding.

2018 was a record year for real estate sales.  Last year’s trend of high buyer demand only increased with the recent tax bill making the combination of Wyoming’s desirable tax and wealth climate and Jackson Hole’s casual western lifestyle and impressive cultural menu more appealing than ever.  The increased buyer demand put pressure on the already low inventory numbers, which in turn decreased supply and led to increased prices.

Total Dollar Volume was Up 34% from the previous year and 44% from 2016

2018 dollar volume graph

[Please Click Here For Full Report]

Making Your Vacation Home Your Full Time Home

Great article in the Wall Street Journal. Buyer’s such as those portrayed are flocking to Jackson Hole, for both a better lifestyle and to take advantage of the tax and wealth savings of becoming a Wyoming resident.

Making Your Vacation Home Your Full Time Home

 

 

 

Getting To Jackson Hole Just Got Easier

See below for the full press release, but getting to Jackson Hole, which boasts the best air service of any Rocky Mountain resort town, just got easier thanks the addition of daily non-stop flights to Dallas.

 

 

American Airlines to Fly Year-Round to Jackson Hole

 

(September 29, 2017), Jackson Hole, WY –– It is with pleasure that the Jackson Hole Travel & Tourism Board, JH Air Improvement Resources Board and American Airlines announce the opportunity to provide YEAR ROUND air service to Jackson Hole, Wyoming. Beginning Spring 2018, American Airlines will fly a daily CRJ700 from Dallas Fort Worth, TX to Jackson Hole, WY, complementing their A319 service during the summer and winter.

“Commercial air service is a significant factor in expanding and developing Wyoming’s economy,” said Governor Mead. “Entrepreneurs and businesses need quick access to markets and customers. Visitors want convenient access to their destination. Residents want the mobility air service provides. The addition by American Airlines of year-round service is a boon to Jackson and Wyoming. It is good news for our state.”

 

“Adding American Airlines on a year-round basis should allow locals to feel the benefits of more choice when we move into the spring/fall timeframe,” stated Mike Gierau, Chair JH AIR. “The ability to fly the smaller Regional Jet aircraft during our shoulder seasons is the key to matching a strong, but lower capacity demand,” continued Gierau.  “The Spring/Fall service (April/May and October/November/early December) will complete the year-round air service for American Airlines. We know our community has been asking for increased, year-round options, they love to travel for work and pleasure and being able to use a consistent loyalty program year round is a plus”.

 

Keely Herron, speaking on behalf of the JH Travel & Tourism Board, expressed their delight with the opportunity this may provide, for locals and for the folks trying to travel to Jackson during a time of very low air seat capacity. “Daily year-round service on American will be a big benefit to Jackson locals as well as business travelers. The Travel & Tourism Board works to help even out seasonal ebbs and flows, and we look forward to supporting American Airlines, along with each of our airline partners flying service to Jackson during the spring and fall seasons”, concluded Herron.

 

Spring and Fall service will be operated on a CR7.

Spring schedule:

Departure Depart Time        Arrival     Arrival Time
DFW 11:10 JAC 12:58
JAC 13:35 DFW 17:17

Note: Schedules are subject to change.