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Montana Real Estate -- is Red Lodge the Next Jackson Hole


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									Montana Real Estate -- is Red Lodge the Next Jackson Hole People that purchased real
estate in Jackson, Wyoming during the 1970s and 1980s are dancing a jig today. That is
because this southern entry community to Yellowstone National Park has seen real estate
prices rise twenty-fold or more, as some of the nation's wealthiest individuals purchased
real estate in the area. The same is true of Aspen, Vail, Park City, and many other Rocky
Mountain Resort locations. Red Lodge, Montana Real Estate Is Relatively Undiscovered
The charming Victorian mining-era town of Red Lodge, Montana may be just the type of
real estate investment that Jackson, Vail, Aspen and Park City once were. Butch Cassidy
once tried to rob the bank there and Calamity Jane spent her nights at the Pollard Hotel.
Red Lodge Mountain is the local ski resort with over 2,000 feet of vertical drop. The
Beartooth Pass crests at just over 11,000 feet and boasts some of the best springtime back
country skiing anywhere in the nation. Red Lodge Mountain was recently purchased by
JMA Associates of San Francisco. They have significant capital improvement plans
including many lift upgrades and more snowmaking capacity. This Montana town is in a
major real estate renaissance when most other resorts in the U.S. are struggling to get
over a 'post real estate boom hangover.' For instance, a new $25 million hospital begins
construction in 2008, a new $9 million high school has already broken ground, a new Red
Lodge Ales brewery, and Sam's Tap Room begin construction in the summer of 2008.
Plus, numerous other commercial and residential developments are well under way. Red
Lodge borders the one-million-acre Absaroka-Beartooth wilderness which contains all 43
of Montana's mountain peaks over 12,000 feet. It's a Mecca for backpacking, rock
climbing, skiing, mountain biking, kite skiing, snowmobiling, and high mountain lake
fishing. Red Lodge Boasts the Least Expensive Resort Real Estate in the Rockies When
asked why Red Lodge real estate is so inexpensive, architect Don McLaughlin says,
"That is a good question and a question that we don't feel will be asked for many more
years as we expect to see prices rise." McLaughlin is a member of the Montana real estate
development team at The Spires at Red Lodge. He was also instrumental in creating Red
Lodge's National Historic District in the early 1980s by chronicling all of the town's
historic structures with his wife Betsy. The attraction with a small mountain town like
Red Lodge is complex, like a fine wine, from its authentic downtown to the multitude of
recreational opportunities. The town is an eclectic mix of artists, former chiefs of staff of
U.S. Senators, authors, and a host of interesting world travelers that all reside together in
this quaint village. It is not unusual here for people that you don't even know to wave at
you, reinforcing the friendly nature of the town. Red Lodge Offers Fun in the Sun Every
Day... Well, Almost! Montana is known as 'Big Sky Country' and that sky is full of sun to
enjoy scenery and outdoor activities. Red Lodge boasts nearly 300 days of sunshine per
year as a result of being on the eastern front of the Rocky Mountain range. So, residents
have more nice days to spend on their favorite activities:

Driving "The Most Scenic Highway in America" -- At least that's what journalist Charles
Kuralt called the famed Beartooth Pass which is just 12 miles south of town and climbs
from 5,800 feet in elevation to just over 11,000 feet. This highway was also featured in
the movie, The Horse Whisperer. Dining Out -- More restaurants and bars per capita than
any other city in Montana. Visiting Yellowstone National Park -- One of the world's
greatest wonders is only about an hour away. Downhill Skiing -- Red Lodge Mountain
offers over 2,000 feet of vertical drop. Cross Country Skiing -- The Beartooth Pass crests
at just over 11,000 feet and offers some of the best springtime back country skiing in the
nation. Whitewater Rafting -- The Stillwater River 30 minutes west is a popular summer
activity. Hiking and Backpacking -- Area trails provide tremendous opportunities for all
ages and levels of ability. Fly Fishing -- The Stillwater River, Clark's Fork, Rock Creek,
Willow Creek, and the Shoshone River are guaranteed to please. The world famous
Bighorn River is just a 90-minute drive away and provides some of the best tail water
dam trout fishing anywhere in Montana. Mountain Biking -- Bikers will have a great time
on the Silver Run trail (10 minutes from town), the Meteetsee Trail (south of town), the
Palisades Trail, or on one of the many trails at Red Lodge Mountain Resort. Golfing --
Break out the clubs and shoot a round of 18 holes at the Red Lodge Country Club. This
course challenges everyone with its water hazards while taking their breath away with the
spectacular scenery. Special Events -- Red Lodge hosts the annual 4th of July rodeo, a
Harley Rodeo rally every mid-July, the U.S. National Ski Joring Championships, the
Festival of Nations (a multicultural event), Shakespeare in the Parks, the Peaks-to-
Prairies triathlon, a very popular Christmas stroll, the annual Fat Tire Frenzy, and a long
list of other events.

If you have not yet visited Red Lodge and investigated the incredible real estate
opportunities in this "last best place" in the Northern Rockies, then it's time to jump in
your car and check it out! Russ is the manager of The Spires at Red Lodge a Montana
real estate development, a new community dedicated to the principles of sustainability,
energy efficiency and low maintenance living. The Spires has been featured in several
conferences and continuing education courses as a model real estate development for
both sustainability and wetlands protection.

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