Situated at the base of Lone Mountain in the forests of the Madison Range in Montana, Moonlight Basin
offers mountainside living at its finest. This 8,000-acre community features luxury homes surrounded by dense forests, majestic peaks, and vast open spaces. Resort-style amenities include their members-only activities and amenities such as fitness centers, restaurants, golfing, and spa services. Members can access the private 18-hole golf course designed by Jack Nicklaus in the summer and the ski slopes at Big Sky Resort in the winter. The trail network delivers great hiking, mountain biking, and snowshoeing opportunities. Plus Ulery's Lake and the LakeLodge offer a fine destination to enjoy the a warm summer day.
Moonlight Basin real estate ranges from cabins and lodges to private homes and penthouses. They come with stunning views of nature and wildlife and endless recreational activities. Because it’s a great year-round destination, homes here are in high demand and are attracting new residents from all over the globe. If you are thinking of making this your new home, read on for Mia Lennon’s Complete Homebuying Guide for Moonlight Basin.
Get a prequalification or preapproval letter
Because of the exclusivity and high cost of real estate in Moonlight Basin, sellers and sellers’ agents will only want to work with qualified buyers. Getting prequalified or preapproved for a mortgage loan will prove you are a serious buyer. First, you will need to get your financial statements in order and we always recommend connecting with a local lender.
Getting prequalified and preapproved are two different processes. The pre-qualification process is simpler and can even be done over the phone. A lender will look at your overall financial picture and give you an estimated amount for a mortgage loan. The pre-approval process is more complicated. The lender will request accompanying financial statements and check your credit history. You will then get a more specific amount for a mortgage loan. Both will give you a good idea of what your budget for a home purchase will be. However, prequalification is less guaranteed.
Once you are prequalified or preapproved, get a letter from the lender. You will need to show this letter to the seller or the seller’s agent. This shows them you are a serious buyer, and they are more likely to consider your offer over those who have not been prequalified or preapproved.
Research available properties at Moonlight Basin
There are numerous choices for ownership at Moonlight Basin. From vast acreage to secluded cabins to resort-style private residences, the opportunities cater to a variety of lifestyles. Look into what each one is like, the type of housing, and the amenities in each one before deciding on where you want to buy a property.
When you buy in Moonlight, the surrounding trails and views deliver a memorable experience. Whether you opt for new construction opportunities, ski-in/ski-out homes, residences in the LakeLodge or Moonlight Lodge, private homes in One&Only Moonlight Basin, luxury condos with mountain views, cozy slopeside cabins, homesites to build your dream home, expansive acreage to call your own, or a different real estate opportunity, Mia will help you explore all of the options so you can find the right property for you.
Schedule a tour of the property or properties
Of course, you don’t have to decide on a particular home right away. You can schedule to tour more than one property you’re interested in. A local real estate agent
like Mia Lennon will help to organize and arrange showings of both properties and the amenities of Moonlight Basin. Mia specializes in Moonlight Basin real estate is more than happy to provide additional insight and schedule a tour for you.
A real estate tour will allow you to inspect the condition of the property, the amenities included, and whether it will suit your taste and lifestyle. We recommend walking through the home, room by room. Check the closet and storage spaces to make sure there will be ample space for your personal things. Ask any questions you might have about the property. Make sure to tour the outside of the properties and its surroundings. This will give you an idea of what amenities and recreation you’ll have easy access to.
Make an offer
Did you find the perfect home in Moonlight Basin? Are you ready to make an offer? Mia will help you strategize to make the strongest offer possible while still aiming to protect your interests during the buying process. There are many factors to consider and only a local, knowledgeable expert will be able to provide the insight into the best terms, timelines, contingencies, and other factors to consider.
Schedule a home inspection
Once you are under contract, a home inspection is highly recommended and may be required. The physical tour you did on your own is not enough to assess the condition of the property. A home inspection will allow you to investigate the overall health of the home further. A professional home inspector will look at possible structural or foundation issues, which can cost you a lot of money later on. They can look for damages and point out repairs that may be needed. They will check for leaks, electrical wiring, and other safety issues. A home inspection can also determine if the current appliances, such as the air conditioning and heating system, are in good working condition or may need to be replaced.
If a home inspection exposes problems with the property, you can consider the additional costs you will incur later on. Based on the findings of the home inspection, a buyer has several options on how to proceed.
Ready to buy a home at Moonlight Basin?
Now that you’ve read our guide, it’s time to contact a local and dedicated real estate agent. Mia Lennon
has been a Big Sky resident since 2011 and can give home buyers
market and lifestyle insights on what it’s like to buy and live at Moonlight Basin and the greater Big Sky community. She can further discuss the importance of getting prequalified or preapproved for a mortgage as well as connect you to her network of professionals who can help you with the process of purchasing a home for sale in Moonlight Basin.
*Header photo courtesy of Mia Lennon