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April/May 2013 • FREE BIG SKY’S PREMIERE REAL ESTATE COMPANIES a publication SEE OUR CENTER SPREAD By Elizabeth Severn-Eriksson In a recovering economy with an oppressed building market, Brian Scott of Lone Pine Builders sees a reason to be optimistic. After a grueling few years of a stagnant building market as well as a struggling economy, things seem to be looking up. Scott says they are seeing more requests for pricing than in recent years and they seem to be coming in earlier than usual. Although the building market has been relatively quiet over the past few years, Scott sees an upturn on its way. “Confidence seems to be a lot stronger,” says Scott, “and there are people who are getting ready to make a move.” Scott clarifies, “It would be presumptuous to assume everyone has the same confidence level in the economy, so naturally it varies person to person; the point at which someone is ready to make a move is different for each individual. The general feeling seems to be that the real estate market is at a low, therefore, when someone is ready to make the jump, they feel as though they are making a safe decision, investing in something they own, whether it be buying property, building on a lot or remodeling their existing home.” As Scott explains, “The risk factor is reduced because people are basing their decisions on a long- term, tangible investment that they are going to use, not simply a piece of paper they’re unable to enjoy with a varying value.” It seems the majority of projects that are being built now, and will continue to be built in the Big Sky area, are second homes. There are quite a few remodels going on as well, for those that have decided their current home is satisfactory and they would simply like to make some upgrades and updates. Spec homes and office and commercial buildings are definitely in the minority, at least for now. Looking for a change of pace and scene, Scott moved from the east coast 10 years ago. After building a spec home and choosing the route of builder over developer, he started his own company in the early 2000s. Lone Pine Builders’ relative infancy when hard times hit economically may have been a blessing in disguise, according to Scott. His model to remain small and use reliable subs he could depend on and trust worked to his advantage, as things haven’t changed much from the early days. His subs are still the same and they know his expectations. Scott feels that as things continue to get ironed out in the surroundings resorts, a stronger and better overall community will emerge. The Yellowstone Club is doing well, with quite a few building projects in the works. Moonlight has worked through their initial problems and Spanish Peaks is hopefully next on the list. The frantic building years of the early 2000s will doubtfully ever return, but, at the same time, a stronger economy will bring about confidence to build. The steadiness of building will return and, hopefully, that’s just on the horizon. While the recession saw the departure of many builders in Big Sky, the group that remains is comprised of solid companies with good reputations. As Scott says, “Hopefully, the building market improves enough soon for all of us Big Sky contractors to be busy.” The Building Market in Big Sky…On the Rebound? A Viewpoint of Lone Pine Builders
Transcript
April/May 2013 • FREE
B I G S K Y ’ S P R E M I E R E R E A L E S T A T E C O M P A N I E S
a publicationSEE OUR CENTER SPREAD
By Elizabeth Severn-Eriksson
In a recovering economy with an oppressed building market, Brian Scott of Lone Pine Builders sees a reason to be optimistic. After a grueling few years of a stagnant building market as well as a struggling economy, things seem to be looking up. Scott says they are seeing more requests for pricing than in recent years and they seem to be coming in earlier than usual.
Although the building market has been relatively quiet over the past few years, Scott sees an upturn on its way. “Confidence seems to be a lot stronger,” says Scott, “and there are people who are getting ready to make a move.” Scott clarifies, “It would be presumptuous to assume everyone has the same confidence level in the economy, so naturally it varies person to person; the point at which someone is ready to make a move is different for each individual. The general feeling seems to be that the real estate market is at a low, therefore, when someone is ready to make the jump, they feel as though they are making a safe
decision, investing in something they own, whether it be buying property, building on a lot or remodeling their existing home.” As Scott explains, “The risk factor is reduced because people are basing their decisions on a long-term, tangible investment that they are going to use, not simply a piece of paper they’re unable to enjoy with a varying value.”
It seems the majority of projects that are being built now, and will continue to be built in the Big Sky area, are second homes. There are quite a few remodels going on as well, for those that have decided their current home is satisfactory and they would simply like to make some upgrades and updates. Spec homes and office and commercial buildings are definitely in the minority, at least for now.
Looking for a change of pace and scene, Scott moved from the east coast 10 years ago. After building a spec home and choosing the route of builder over developer, he started his own company in the early 2000s. Lone Pine Builders’ relative infancy when hard times hit economically may have been a blessing in
disguise, according to Scott. His model to remain small and use reliable subs he could depend on and trust worked to his advantage, as things haven’t changed much from the early days. His subs are still the same and they know his expectations.
Scott feels that as things continue to get ironed out in the surroundings resorts, a stronger and better overall community will emerge. The Yellowstone Club is doing well, with quite a few building projects in the works. Moonlight has worked through their initial problems and Spanish Peaks is hopefully next on the list.
The frantic building years of the early 2000s will doubtfully ever return, but, at the same time, a stronger economy will bring about
confidence to build. The steadiness of building will return and, hopefully, that’s just on the horizon. While the recession saw the departure of many builders in Big Sky, the group that remains is comprised of solid companies with good reputations. As Scott says, “Hopefully, the building market improves enough soon for all of us Big Sky contractors to be busy.”
The Building Market in Big Sky…On the Rebound?A Viewpoint of Lone Pine Builders
B e c k y & J e r r y P a p e - B r o k e r / O w n e r s406-995-4848 (Office next to the Exxon) | 888-830-4883 (Toll free)
406-995-4883 (Anytime) | www.triplecreek.com
Moosedraw cabin - Stylish textures & reclaimed materials accent this 3938+/- sf custom 3BR/3.5B home on 19.8+/- ac in Buck Ridge Ranch. Featured in “Log Home Ideas” magazine, this exquisitely decorated home views Lone Mountain & offers exclusive access to USFS lands. Shown by appoint-ment. $1,495,000 MLS 185079
2885 Two Moons - This spacious 4,000+/- sf 2 level home on .5 ac is located on a secluded Meadow Village lot with the Middle Fork nearby. This 4BR/4B home has a large living room w/ stone fireplace, dining room, den, updated kitchen, family room, & deck w/ hot tub. $649,500 MLS 184076
beaVer creeK - You can move right in to this delightful guest home with 2 bedrooms/ 1.5 baths/ oversized one car garage located on 39 +/- splendid acres with a magnifi-cent trout pond. Perfect site for your dream home. $1,285,000 MLS 175158
PorcUPine Meadows, LoT 3 - If you need lots of room to breathe, this 5+/- acre tract in Porcupine Meadows is right for you. There’s a well in place, it’s fully fenced, and there are unobstructed views of the Porcupine Elk Refuge across the road. Horses are welcome on this tract. $349,000
riVerfronT cabin - A unique 3BR/2B (2,076+/- sf) remodeled cabin w/ detached 2 car garage on 1.41 +/- acres at the edge of the Gallatin River. 1600 +/- sf deck for relaxing & river access w/ protected views from FS land to the west & north. $689,500 MLS 177041
new LisTinG, nexT To The exxon off hwY 191- This commercial zoned 1,500+/- sf canyon workshop/storage facility has propane heat, a bath-room, office space, and 2 entry doors plus a 10 ft overhead door. The location is perfect for contrac-tors & small businesses. $105,000 MLS 187307
LoT 39, bLocK 5 Meadow ViLLaGe - This terrif-ic .28+/- acre lot is located on the south side of Little Coyote & abuts open space land. It offers unob-structed views of Meadow Village & the moun-tains surrounding it. Easy access to th epark, tennis courts, & trails. $132,000 MLS 185271
LaKefronT Manor, LoT6 - This excellent 1.04 acre lot in this small Hebgen Lake Subdivision with well, approved septic, and private commu-nity dock is perfect for the fisherman & boater. Loads of recreational fun in every season for the entire family! $349,500 MLS 170691
sTiLLwaTer 1023 - Updated 1BR/Loft/2B Stillwater condo has new cabinets, granite coun-ter tops, and tile flooring in the kitchen and baths. This is a turn-key property with great views of the mountain creek in summer & Andesite ski runs in winter . $285,000 MLS 158391
besT Views in biG horn #53 - This upgraded end unit has 3 bedrooms, 3 baths with tile in the entry, kitchen & bath and upgraded carpet. There is a stone fireplace, great windows, and the very best views of the creek & mountain lake in Big Horn. $449,500 MLS 151890
bUcK ridGe ranch - This 39+/- ac tract has all the key elements: enchanting meadow surrounded by trees w/ a stream edged in wildflowers, abundant wild-life & unlimited recreational opportunities. $795,000 MLS 149701 | Tract 31A (39+/- ac) $1,150,000 MLS 160743 | Tract 17 (19+ac) $350,000 MLS 168100
biG horn 25- Fabulous location just 3 doors down from the Poma ski lift. Lovely views of Lone Mountain from the master bedroom enhance this unit which has 3 bedrooms & 3 full baths, plus an indoor heated, attached garage. Priced right to sell, you’ll want to see this unit! $375,000 MLS 176327
new LisTinG, beaVerhead 1467- This 2,010 sf 3 bedroom/3 bath unfurnished condo in Mt. Village has 1st rate access to the ski runs. Other great features include a building elevator, 2 car garage, beautiful rock fireplace, spacious bedrooms, separate hot tub room, & 2 balconies. $560,000 MLS 186710
JUsT LisTed - These 2 unique side-by-side Little Coyote lots have million dollar views because they’re located above the road at the top of the hill. Buy one lot or both & you’ll have over 1/2 an acre with room for a terrific home. $148,900 (each) MLS 188524 & 188525
raMshorn LoT - This .46+/- acre lot is located on Ramshorn View’s upper bench. There’s ample room for a very comfortable home & prime views of the Gallatin River & the Porcupine Elk Refuge across the road. Fishing, hiking, & wildlife viewing are unforgettable. $129,000 MLS 183777
eLKridGe LoT 3- Enjoy Western living at its finest on this 20 acre tract. A rare find in exclusive Elk Ridge Ranch. This lot has breathtaking views of Lone Mtn, Pioneer Mtn & the Spanish Peaks. Horses allowed seasonally. $535,000 MLS 178135
GaTewaY ProPerTY- This circa 1916 historic 4BR/2B home on 10+/- ac is a one-of-a-kind example of an estate house. There is a fantastic old barn along with several outbuildings and new horse pens. The acreage may be used commercially & the property fronts highway 191. $485,000 MLS 183778
hiLL condos- Take your pick. We have 4 Mountain Village Hill studios located on the 1st & 2nd floors with Lone Mountain views. Each 440+/- sf condo includes: living/dining area, galley kitchen, separate bedroom area & bath. Priced from $68,000.
dUdLeY creeK, LoT 1 - This wonderful 17.51 ac tract in Dudley Creek located just a short distance from the Big Sky entrance has an excellent house site tucked away on a level bench above the road & overlooks a pasture with a conservation easement along the Gallatin to the east & abuts wilderness to the west. $299,750 MLS 181527
sTiLLwaTer 1035 - Enchanting views of the mountain stream in the summer & ski runs in the winter are hallmarks of this ground floor 1BR/1B skier-friendly condo. This neat & clean unit features a fireplace, satellite TV, and easy access to the ski lift & mountain amenities. $175,000 MLS 185895
1497 franK rd (bozeMan) - This extra large 60+/- acre parcel has paved road access, plenty of privacy and room for you and your horses. Seller financ-ing possible. $503,000 MLS 169752
LosT TraiLs - This 20 acre tract located half-way between the Meadow & Mountain Villages offers panoramic views of the Spanish Peaks & the Gallatin Range. If you want land that is eas-ily accessible & private you’ll be enthralled by this property. $525,000 MLS 164610
1000 Lone MoUnTain TrL - This unique 431+/- sq. ft. A-frame on 1.29 acres offers hundreds of feet of water frontage along the stream. There’s a pasture area for horses & a new septic system f0or a new 3 bedroom home. $219,000 MLS 185999
cascade LoT - Enjoy fantastic views of Lone Mountain from this .75 acre lot on White Otter Rd. Ski to the White Otter lift to start your ski day & return home via the White Otter Trl. This gently sloping lot faces southwest & overlooks a stream side green belt. $229,000 MLS 181908
* The Buyers Are Back!! *
Additional canyon lots from .25 acres at $199,000 to 5 acres at $499,000 are available and 60 acres in Belgrade listed at $503,000.
Price redUced
seLLer financinG
seLLer financinG
soLdPendinG
This information is subject to errors, omissions, prior sale, change, withdrawal and approval of purchase by owner. All information from sources deemed reliable, but not guaranteed by Montana Living - Big Sky Real Estate, independent investigation is recommended. For properties being purchased at The Club at Spanish Peaks approval for membership is required prior to closing. If you are currently working with another real estate agent, this is not intended as a solicitation.
A History of Excellence. BigSkyRealEstate .com | 406 995-6333 | Located in Big Sky Town Center
215 grey owl your cabin in the Big Sky woods. 4 bd, 3 bath home with detached single car garage. 2,456 sq. ft.great views, hot tub, and fully furnished and ready to move in. $699,000
The PineS Condominium 4 bd, 4 bath, centrally located, huge views of the Spanish Peaks, model unit. From $429,000
BlaCk eagle Condominium SSki-in/Ski-out. in the mountain Village. 3 to choose from. one finished and furnished. 3-5 bdrm. new construction. great rental history. From $865,000
SnowCreST 8512 Ski-in/ski-out, heart of the mountain village. Best ski location in Big Sky, solid rental history. 3 bd, 3.5 bath. $1,399,000
Powder ridge CaBin #126 Ski-in/ski-out, 5 bd, 4 bath, 3,064 sq. ft. hot tub and single car garage. Big views from multiple decks. great rental history. $895,000
moonlighT ChaleT #78 wake up to this view! Ski-in/ski-out from this fabulous 3 bd, 4.5 bath, 2,624 sq. ft. unit. gorgeous views and ready to move in. $1,395,000
greaThorn k ranCh #3
Fabulous 20 acres located only minutes
to Big Sky Town Center. resident
wildlife & gorgeous views. $649,000
elkridge 32The Club at Spanish
Peaks, 5bd, 7 bath, on the golf course/ski in/ski out. gorgeous
views. $3,485,000
eSSenTia CondominiumS
2 units, 2 great floorplans, central location in Big Sky
This information is subject to errors, omissions, prior sale, change, withdrawal and approval of purchase by owner. All information from sources deemed reliable, but not guaranteed by Montana Living - Big Sky Real Estate, independent investigation is recommended. For properties being purchased at The Club at Spanish Peaks approval for membership is required prior to closing. If you are currently working with another real estate agent, this is not intended as a solicitation.
A History of Excellence. BigSkyRealEstate .com | 406 995-6333 | Located in Big Sky Town Center
215 grey owl your cabin in the Big Sky woods. 4 bd, 3 bath home with detached single car garage. 2,456 sq. ft.great views, hot tub, and fully furnished and ready to move in. $699,000
The PineS Condominium 4 bd, 4 bath, centrally located, huge views of the Spanish Peaks, model unit. From $429,000
BlaCk eagle Condominium SSki-in/Ski-out. in the mountain Village. 3 to choose from. one finished and furnished. 3-5 bdrm. new construction. great rental history. From $865,000
SnowCreST 8512 Ski-in/ski-out, heart of the mountain village. Best ski location in Big Sky, solid rental history. 3 bd, 3.5 bath. $1,399,000
Powder ridge CaBin #126 Ski-in/ski-out, 5 bd, 4 bath, 3,064 sq. ft. hot tub and single car garage. Big views from multiple decks. great rental history. $895,000
moonlighT ChaleT #78 wake up to this view! Ski-in/ski-out from this fabulous 3 bd, 4.5 bath, 2,624 sq. ft. unit. gorgeous views and ready to move in. $1,395,000
greaThorn k ranCh #3
Fabulous 20 acres located only minutes
to Big Sky Town Center. resident
wildlife & gorgeous views. $649,000
elkridge 32The Club at Spanish
Peaks, 5bd, 7 bath, on the golf course/ski in/ski out. gorgeous
views. $3,485,000
eSSenTia CondominiumS
2 units, 2 great floorplans, central location in Big Sky
109 ROSEBUD LOOP$829,995 • #187556 • Call Stacy or Eric
• 4 bd, 3 ba, 2,567 +/- sf Powder Ridge Cabin• ski-in/ski-out, furnished, excellent rental• 3 level “ponderosa” plan, stunning views• detached 1 car garage, backs to forested area
45 COWBOY HEAVEN RD$995,000 • #188095 • Call Stacy or Eric• 3 bd, 4 ba, plus sleeping loft, 2220 +/- sf• aka Mountain Home #11• ski-in/ski-out access from front door• offered furnished, including artwork
NORTH FORK RD, TRACT 8$950,000 • #180527 • Call Stacy or Eric• 20 +/- acres Triple Tree Triangle Ranch• cross-country ski trails to lot• desirable, private enclave• contiguous 20 +/- acres also available
SPANISH PEAKS CLUB$450,000 • #183440 • Call Stacy or Eric
• unit 13A, 2 bd, 3 ba, 2,403 +/- sf, furnished• den/bonus room, two car heated garage• end unit, adjacent to Big Sky Golf Course• private clubhouse with pool, workout facility
10 RISING BEAR ROAD$825,000 • #186462 • Call Stacy or Eric• 2 parcels comprising 20 +/- acres• both parcels can be subdivided• large trees, mountain views, southern exposure• between the Meadow and Mountain Villages
LOST TRAILS, TRACT 8$780,000 • #178440 • Call Don
• 20 +/- acres, sunny south-facing building sites• between Mountain and Meadow Villages• views of Yellow Mountain and Spanish Peaks• community water system with fire flow
CRAIL RANCH TOWNHOME$697,000 • #187760 • Call Don
• unit #120, 4 bd, 4 ba, 2,742 +/- sf• hickory flooring, steam shower• custom coverings, and interior doors• views of wide open space and Crail Ranch
BEAVER CREEK WEST$375,000 • #185650 • Call Don
• 14.15 +/- acre lot• gentle sloping land with great building site• great views of many mountain ranges• short distance to NFS land and trails
GALLATIN RIVERFRONT$229,000 • #184874 • Call Dave
• .6 +/- acre lot, backs to the Gallatin River• 4 bd septic installed, 25 GPM well drilled• between Bozeman and Big Sky off Hwy. 191• Dave Broome, Broker, 406.580.4290
GALLATIN RD, CASTLE ROCK$189,000 • #183518 • Call Don
• 1.84 +/- acre lot• no covenants, ideal for Bed & Breakfast,• mini-storage, or home• great views of Storm Castle Mountain
HIDDEN VILLAGE CONDO$218,700 • #186875 • Call Toni
• 4 bd, 2.5 ba, 1,700 +/- sf, 3 levels, furnished• newer floors, paint, lighting and bath counters• wood stove, sauna, 1 car attached garage• complex has outdoor pool and hot tub
• 2 bd, 2 ba, 1,640 +/- sf, furnished• remodeled, like new, lower level unit• rock fireplace, sitting area, great views• indoor hot tub, parking garage, storage
SKYCREST #1708$295,000 • #184872 • Call Leah
• 2 bd, 2 ba, 1,725 +/- sf, exquisitely furnished• stone fireplace, outdoor terrace, sun room• lake and mtn. views, parking garage, storage• Leah Olson, Broker, 406.539.7665
Condos
Don Pilotte, Broker, GRI, RRS, SFR, 406.580.0155Eric Ossorio, Broker, 406.539.9553
Stacy Ossorio, Broker, 406.539.8553
Toni Delzer, Sales Associate, 406.570.3195Marc Lauermann, Sales Associate, 406.581.8242
341 LOW DOG ROAD$1,295,000 • #184968 • Call Stacy or Eric• 3bd, 3.5 ba, 3,168 +/- sf, beautiful custom home• ski-in/ski-out, beautiful furnishings• great rental history, immaculately maintained• includes: www.bigskyvacationalrental.com
64 WHITE PINE LANE$1,189,000 • #187418 • Call Don
• 6 bd, 8 ba, 6,160 +/- sf beautiful home• 19.8 +/- acre Elk Ridge Ranchette lot• constructed with large logs, 5 fireplaces• wine room, theater room, guest apartment
ULERY’S LAKE HOME$3,250,000 • #186493 • Call Stacy or Eric• 3 bd, 5 ba, 4,430 +/- sf, in Moonlight Basin• furnished home with bunkroom sleeps 6• 2 bd, 2 ba, 2,048 +/- sf guest home• 20 +/- acre lot with beautiful views
PruMT.com406.995.4060
55 Lone Peak Drive | Big Sky Town Center
#1 Real Estate Company in Montana
PRICE REDUCED
INDIAN MEADOWS $560,000 • #182257 • Call Leah
• 4 +/- acres, level building site, large trees• direct access to Gallatin River trout fishing• borders Gallatin National Forest• Leah Olson, Broker, 406.539.7665
GALLATIN CABIN$190,000 • #183761 • Call Lynne
• 406 +/- sf dry cabin, outhouse, 1 +/- acre• 150 ft. Gallatin River frontage, borders USFS• great access, picnic area, fire pit• Lynne McCormick, Broker, 406.581.4268
SKYCREST #1730$425,000 • #188315 • Call Stacy or Eric• 3 bd, 3 ba, 1,976 +/- sf, furnished, hot tub• one of the BEST Skycrest Condo Units• top floor, end unit, parking garage• dead on views of Lone Mountain
CRAIL RANCH TOWNHOME$949,500 • #186436 • Call Stacy or Eric• unit #90, 4 bd, 4 ba, 3,500 +/- sf• designer furnishings, plus artwork• wet bars, hot tub, heated 2 car garage• creekside with spectacular views
DIAMOND HITCH, LOT 31$599,000 • #186861 • Call Don
• 1.01 +/- acre building lot• one of the most beautiful D.H. sub lots• great mountain views and privacy• excellent ski-in/ski-out lot
GALLATIN HIGHLANDS$575,000 • #180951 • Call Stacy or Eric• 20 +/- acres meadows, old growth fir trees• fabulous Gallatin Range views• south facing, includes Locati house plans• minutes from Big Sky Town Center
PRICE REDUCED
UNDER CONTRACT
AT VILLAGE CENTER, you can literally glide up to your door and step from your ski wear into your swimwear. This addition to Big Sky Resort’s Mountain Village features retail and restaurant space on the pedestrian level and remarkable slopeside condominiums on upper levels. Your four-legged friend is welcome here, too.
NEWLY RELEASED Tower unit features: • High speed internet access• Individual climate control• All 3 bathrooms include vanity and shower• Two master suites, one with whirlpool tub• Fullkitchen,spaciousdiningandlivingareawithfireplace• Fully furnished with exquisite western decor• Boyne signature beds, sleeps 10 with sofa sleeper• Reserved outdoor parking with valet service• Useofowners’fitnesscenter,laundryandboardroom• Managed maintenance and housekeeping services• Room service, luggage assistance• Concierge available• Your own personal ski locker• Pet friendly for owners
Designer furnishings include the comfortable Boyne Bedding package and large flat panel televisions.
A gracious lobby greets owners and guests checking in to residential suites located above.
NEW OFFERING#378•3Bedroom,3Bath•1,993sq.ft.One-of-a-kind Tower Penthouse $1,000,000MLS # 187815
