Spanish Peaks news... Buyers Beware!

By
Real Estate Agent with Bozeman Montana Real Estate .net

Spanish Peaks:

            Big Sky Homes and property, buyers beware!

 

This week was not good news for the Spanish Peaks development in Big Sky, Montana!  As with quite a few elite subdivisions in the Big Sky area like the Yellowstone Club, Spanish Peaks released some very disturbing news this week:

Spanish Peaks Closes:  Employees Laid OffBig Sky Real Estate

Spanish Peaks file for Chapter 7 Bankruptcy

Court documents provide insight into Spanish Peak’s legal conflicts

There are other options for some wonderful opportunities to own a second home or a ski resort vacation home!  Moonlight Basin has restructured and will be open for business with some wonderful homes and condo’s to purchase, and Big Sky is alive and well.

If you are interested in  Big Sky Homes, please contact us for and updated list of homes for sale and any resort information you might like!

Comments (3)

Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

Are you saying the town filed for bankruptcy how does that happen? Good luck I hope the market gets better for you.

Oct 26, 2011 08:25 AM
Jenifer Lower
Bozeman Montana Real Estate .net - Bozeman, MT
Your Dream. Our Passion.

No, not the town.  Spanish Peaks is a development that is very high end.  The town is not filing bankruptcy.  And, business is great, just a problem in this development.

Oct 26, 2011 10:46 AM
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

Someone will come in and buy out the project... at least I hope that will happen.  It would be a shame to just stop it midway.

Oct 29, 2011 02:26 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?