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Flathead Lake Real Estate - June 2024 Sales

Flathead Lake Real Estate

 

There were four waterfront sales reported for Flathead Lake in June bringing the year-to-date total to just over $36.5M in sales with 11 transactions. The slow start to the selling season is similar to the start of 2023 over the same period with 12 transactions and $29.9M.

 

Inventory has begun to increase, including some lower priced properties that have moved the median list price down. We expect this will result in increased sales activity as we move through the summer season.

 

 

June Sales

Pricing and Sales Summary:

Significant Sale

 

Stone Creek Camp

Bigfork, MT

15,034 sf, 16.7 acres, 718 ft of waterfront

List price $14.95M

Created to complement the environment it sits within, the architecturally distinct Stone Creek Camp (SCC) encompasses 17+/- acres along 718+/- feet of frontage on the east shore of Montana's Flathead Lake, less than 10 minutes from Bigfork's charming downtown. Featured in Architectural Digest, SCC offers a discerning buyer rare craftsmanship, paramount quality, and a refined luxury one would expect in a world class private retreat. Totaling over 15,000 square feet in seven structures, each with its own discrete purpose and relationship to the natural surroundings. They include the Master House with 1 bedroom, Lake House with 5 en suites, Tree House with 3 en suites, The Lodge, Kitchen House, Gate House, and the Original Cabin. Thoughtfully designed, mature landscaping with massive boulders complement the creek running through the property, creating a true harmony between the dwellings and the native surroundings. Sold fully furnished/turn-key. A true One-Of-One.

Active Waterfront Listings

 

Residential inventory around the lake continues to increase both seasonally and year over year. The 48 residential active listings currently on Flathead Lake represent almost a doubling of the 28 listings at this time last year. Median list prices have responded with a drop from $4M in June of 2023 to under $3M today.

 

Waterfront land listings have held relatively flat in both units (12) and median price ($1.3M).

Flathead Lake Condominium Market

 

With nearly two dozen waterfront condominium communities around Flathead Lake, there has historically been plenty of options for buyers who want the waterfront lifestyle without having to worry about maintaining a lake home. Below is a summary of currently active and sold units so far this year as compared to last year's sales. The condo market has followed the single-family waterfront market to near-record low inventories and increasing prices.


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