Real Estate Industry News

With summer on the way, people from all over will soon return to the United State’s vast wealth of lakes, rivers and mountains to partake in the adventure and thrill of outdoor recreation.

As buyers continue to show an interest in real estate that promotes an outdoor lifestyle and natural serenity, smaller towns and cities in less densely populated states are seeing an influx of new residents.

In 2021, Montana’s population increased by 1.7%, not including part-time residents, the second-highest percentage growth in the nation.

The increase has strained supply and thus is creating exciting opportunities for new development.

Get in on the summer fun with world-class recreation at these two new residential communities.

Whitefish River Run in Whitefish, Montana

Phase one of the luxury riverside community Whitefish River Run in Whitefish, Montana, is slated for completion in 2022 with the completion of four residences built along the Whitefish River.

The waterfront home-site will consist of four structures totaling eight units, two of which are already under contract.

Available homes will feature four-bedroom, four-bathroom floor plans over three stories, covering roughly 2,800 square feet. Designs will feature modern cabin styling with an emphasis on natural materials and tones.

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Built by Mindful Designs, a Montana-based contracting company that practices responsible construction, the development will feature environmentally-conscious efforts like the use of sustainable materials, waste reduction and an electric-vehicle compatible garage.

Residents will have direct access to the river and a private dock for launching kayaks, canoes or paddleboards. One mile downstream is the mouth of Whitefish Lake, where recreational opportunities like fishing, swimming and water-skiing are widely available.

Centrally located, Whitefish River Run is within walking distance of some of Whitefish’s most popular natural sites, including City Beach, the Whitefish Trail System and Whitefish Lake State Park.

Other notable destinations like the Whitefish Mountain Resort, Glacier National Park and Glacier International Airport, are all a short drive away.

Available units start in the low $2 millions.

Tanager in Bend, Oregon

Known for an abundance of recreational opportunities ranging from world-class mountain biking to white-water rafting to golfing, Central Oregon is now welcoming its first and only luxury waterfront community, Tanager.

Designed for outdoor activities and leisure, the 182-acre gated development features three bodies of water—a 2,100-foot-long wake/water ski lake with two turn islands, a nine-acre non-motorized lake and nearly three-quarters of a mile of Tumalo Creek frontage.

In addition to water recreation, the gated community also houses 117 acres of common space for recreational facilities, walking and biking trails and open space.

The remainder of the acreage is set aside for 21 home-sites ranging from 1.32-10 acres. Each home-site is located on one of Tanager’s three available waterfronts.

Per the CC&Rs and architectural guidelines, the covered area, including indoor living space and covered patio outdoor living space, must be at least 3,000 square feet, not including garages. Homeowners are welcome to bring in their own builders and designers for further customization.

Adjacent to the popular west side of Bend, Oregon, residents can enjoy a sense of seclusion and privacy while still having easy access to one of Oregon’s top cities.

Phase One is now available and offers 2-acre plus lots starting at $1.4 million.


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