You are here:  Home  >  Hotsheet Highlights  >  Current Article

White Buffalo Club units hit market ahead of auction

By   /  December 15, 2009  /  No Comments

    Print       Email

Last Wednesday it was announced in the Sotheby’s weekly sales meeting that the brokerage had been chosen to list, and eventually help auction, properties at White Buffalo Club, a high-end hotel condo project on Gill Avenue near Miller Park.

Today, three of the offerings hit the Teton County Multiple Listing Service – a pair of 3-bed, 4-bath, 1,760-square-foot units and a 2-bed, 3-bath, 1,390-square-foot unit. List prices are set at $1.795 million for the 3-bed units and $1.395 million for the 2-bed units, but opening bids for the Jan. 23, 2010, auction will begin at $740,000 and $565,000, respectively.

These units are somewhat unique in the town of Jackson, but compare in many ways to Teton Village properties such as Teton Mountain Lodge and Hotel Terra. A key enticement for these properties is that financing is pre-arranged for qualified buyers, a hurdle that has contributed mightily to the decline of the condo-hotel market.

A formal announcement will be forthcoming and I’ll share more details in this space at that time.

    Print       Email

Leave a Reply

Your email address will not be published. Required fields are marked *


You might also like...

Today’s Jackson Hole real estate highlights: 4.9.21

Read More →