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Crested Butte, CO Real Estate News

By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Greetings from Crested Butte Colorado! Contrary to what many assume Crested Butte's real estate market continues to improve and the trend is not great if you've been sitting on the sidelines expecting the market to retreat. A quick study of our year-over-year performance reveals that price and value are rising, the inventory of available residential properties remains low and high mortgage interest rates do not appear to be impacting us negatively.   During the first quarter of 2023 our local market realized just 11 single family home sales which equated to $18.6 million in volume. The median sold price of a home was $1.585 million.   During the first quarter of this year, our local market hit 18 single family home sales and just over $48 million in sales volume. But the most revealing...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Records are made to be broken. My exclusive listing at 919 Belleview just fetched the all-time highest sales price paid for a home in the Town of Crested Butte. The house was completed in June of 2016 and listed for $2,825,000. It closed for $2,700.000. This beat the current record, the May 2016 sale at 606 Ninth Street (also a spec home in town), of $2,398,000.The property was Crested Butte’s latest luxury mountain spec home offering. Interior highlights include reclaimed mixed grain wood floors, quartz counters, custom built-in cabinetry, stunning reclaimed beam work throughout the home, vaulted ceilings, a state of the art Thermador kitchen, American Clay walls, custom fireplaces of concrete and steel in the main living room and the master suite and designer lighting & sound.Located ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
New Listing ~ 705 Teocalli Avenue, Crested Butte is located in the heart of historic Crested Butte, Colorado. This 5 bedroom, 4 bath single family home is beautifully accented with rustic timber beams, wide plank hardwood floors and custom cabinetry. This spacious home is perfect for family gatherings and entertaining. Sunny south facing location with an incredibly landscaped fully fenced yard, commanding views of Mt. Crested Butte and Paradise Divide. The studio apartment above the oversized garage is currently rented for $895 a month and can be used for overflow family and guests six months out of the year. Just steps away from the recreation path, Slate River, and the free Town Shuttle you almost don’t need your car to get around. Take a stroll up Elk Avenue where you will find bouti...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
New Listing – 114 Elk Ave, Crested Butte is an incredible opportunity to own a mixed use building right in the Historic District on Elk Avenue in the heart of Crested Butte, Colorado. This adorable, colorful two story building enjoys prominent Elk Avenue frontage, is only a half block from the Town Hall bus stop and steps from Coal Creek. The bottom level is currently home to Niky’s Donuts, a 50’s Diner style shop with a commercial kitchen, dining area and restroom. Upstairs, enjoy a beautiful, newly remodeled one bedroom, one bath apartment. This prime location is perfect for a business owner who wishes to live on-site or as a downtown Crested Butte vacation rental. Both units were recently remodeled and freshly painted. The commercial unit has an additional restaurant water tap paid w...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am happy to announce the sale of 12 Glacier Lily Way, Crested Butte while representing the Seller. This pristine , 1.4 acre parcel, located in the beautiful, Glacier Lily neighborhood offers an incredible opportunity to build. The setting is perfect for a mountain retreat, taking in the sights of the surrounding meadows, river valleys, a pond and expansive mountain views. This beautiful parcel is tucked away in a peaceful, well established subdivision. The Glacier Lily neighborhood is conveniently positioned between downtown Crested Butte and the town of Mt. Crested Butte, west of Gothic Road. Just minutes from either town, quickly access skiing, hiking and prime mountain biking trails from 12 Glacier Lily Way, Crested Butte. This sizable parcel enjoys breathtaking views in all direc...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am excited to announce that the exquisite parcel at 123 Forest Lane, Crested Butte is on the market. This 1.26 acre parcel sits high on a hill, overlooking the Robert Trent Jones Jr. Golf Course and the prestigious Skyland neighborhood. A sizable lot with stands of mature aspen trees and evergreens offers privacy while massive mountains in the distance create a feeling of seclusion. Wide open space below provides stunning, forever views of local iconic mountains. Build your dream home on this elevated parcel and take in the commanding views of Red Lady, Whetstone, Mt. Crested Butte and more! This location rivals anywhere in the world, and offers the quintessential Rocky Mountain experience. Activities including world class resort skiing, nordic skiing, mountain biking, climbing, and ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Great news for our local and nationally growing fat bike community! USFS Approves Most of Fat Bike Proposal which means there will be a LOT more access to groomed fat bike trails from Mt. Crested Butte to Crested Butte South beginning this winter. The proposal, submitted last fall by the Crested Butte Mountain Biking Association (CBMBA) was reviewed and the outcome is positive. Nearly 37 miles of trails will now be groomed for use by fat bikes, nordic skiers and hikers during the winter months. A two year probationary permit has been issued for grooming trails on the road between Mt. Crested Butte and Gothic, approximately ten miles of trails in the Brush Creek area (including the Strand Bonus, Canal, and Farris Creek Road) and nine miles of Cement Creek Road. The only area that was not...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am very pleased to announce the sale of TBD Maroon Ave, Crested Butte while representing the Buyer. Located on a dead end of Maroon Avenue in downtown Crested Butte, this is the perfect site for a custom build. Choose a modern, mountain style home or a classic victorian to match the surrounding mining meets modern architecture found in neighborhood throughout Crested Butte. A fantastic opportunity for a large, elevated parcel in town. This quarter acre parcel enjoys great views and privacy as well as a large amount of space to work with. The oversized parcel offers incredible views in all directions including those of Paradise Divide and Mt. Crested Butte. Just blocks away from Elk Avenue, enjoy the convenience of being a minutes walk from all of the dining, entertainment, shopping, a...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am very excited to announce that 67 Wapiti Way, Crested Butte is one of my newest listing. This .69 acre parcel is located in the prestigious Skyland neighborhood on the 12th fairway of the Robert Trent Jones Jr. Golf Course. Build your custom dream home on this spectacular parcel with access to year round fun and relaxation. Commanding, unobstructed views in all directions include the iconic peaks of Red Lady, Whetstone and of course Mt. Crested Butte, which towers over the neighborhood. The incredible views combined with golf course frontage are what dreams are made of in the Skyland neighborhood. World class skiing at Crested Butte Mountain Resort or the Crested Butte Nordic Center, mountain biking, hiking and fishing are within minutes of this incredible location – offering endles...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am happy to announce the sale of 20 Hunter Hill Rd, Unit 208, Mt. Crested Butte while representing the Buyer. Located in the Paradise condos near the base area of Crested Butte Mountain Resort, this condo is close to everything. Take advantage of ski in, ski out mountain access and be steps away from hiking and mountain biking when the snow melts. This fully remodeled unit is in fantastic condition. This condo offers over 1,700 square feet of living space with 4 bedrooms, 4 baths, a dedicated laundry and is offered furnished. Stunning furnishings include, but are not limited to a beautiful leather sofa set in the living room and a rich, wooden dining room table. The corner fireplace and reclaimed wood accents add rustic features to this modern home. From the private balcony, enjoy vie...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Great news! Mine Company On Board with Remediation Regarding Red Lady. According to one of the latest reports from KBUT, the Mount Emmons Mining company will work to improve the water quality from the Mount Keystone Mine treatment plant as well as clean up the water from other contaminated sites which flow into Coal Creek, Crested Butte’s drinking water source. Ashley Bembeneck from the Coal Creek Watershed Coalition gives the plan a “thumbs up” noting that it is “excellent news for everyone in town” at her presentation for the Crested Butte Town Council.The first step in this lengthy process is to characterize the mine waste sites. Characterization determines what type of pollution is present, so a plan for clean up can be developed, which is specific to the issues at each site. Charac...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Romp Skis Lands Contract with US Army Special Forces. This week, Backcountry Magazine published an interview with owners of Crested Butte’s local ski manufacturing company, Romp. Caleb and Morgan Weinberg, brothers and owner-operators of Romp Skis discuss how they landed a contract with the 10th Special Forces Group of the US Army, what the specifications are for the military skis are and what it means for their business now and in the future. Romp follows a direct-to-consumer model and gives the customer creative freedom in the design of their skis. Caleb explains that this is one reason why the contract was initiated: About four years ago, five retired Special Forces 10th group guys (not to be confused with the 10th Mountain Division) decided they wanted to do a commemorative graphic ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
It’s officially off season. While there may not be a much going on, there are some great specials on Food and Drink in the Crested Butte Off Season. Both the temperature and the number of people in town have noticeably dropped and the lifts won’t begin their test runs for weeks. Now is the perfect time to enjoy those shoulder season deals! Travel Crested Butte has put together a list of 4 Crested Butte Off Season Drinks and a Crested Butte Off Season Deals guide, plus I’ve added a few more to the list!Here are a few of the off season, and happy hour deals running in town this shoulder season. For more info on dining in Crested Butte, including addresses, phone numbers and menu summaries, click here.Coal Creek Grill Happy Hour (3-6pm)– Draft Beers $2– Grilled Flank Steak, fries, onion ju...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am very happy to announce the sale of 42 Buckhorn Way, Crested Butte while representing the Buyer. Located in Buckhorn Ranch, this 2,832 square foot, custom built home is situated on a small hill, overlooking the 1.87 acre surrounding property. This unique interior is spacious, open and full of natural light offering an inviting and warm living space. The views are incredible – especially from the kitchen and living room on the top floor. Massive windows enjoy commanding views of Mt. Crested Butte, Red Lady and Whetstone. Tastefully designed, this home’s interior shows off vaulted ceilings, which are highlighted by reclaimed ship timbers from the Malakai freighter and beautiful natural stone details throughout the home. Three oversized bedrooms and three and a half baths offer plenty...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am extremely excited to announce the sale of 1091 County Rd 734, Crested Butte while representing both the Seller and Buyer. This exquisite Slate River Estate is just minutes from down town Crested Butte, yet offers an incredible, mountain retreat. Stunning views of the Slate River Valley, grassy meadows and an impressive view of Mount Crested Butte These are just a few of the many reasons why this property is what dreams are made of! The 80 acre ranch enjoys Slate River frontage as it meanders through the property. Fishing is prime on the river or in either of the two crystal clear private fishing ponds. A corral, tack shed and extensive fencing offers a perfect space for horses, cattle or chickens. Enjoy the fishing, ride horses, take in the views or relax from the guesthouse and wa...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I’m excited to announce that 93 Meadow Drive, Crested Butte is now on the market. This parcel, located in the Meridian Lake Meadows subdivision is the last remaining duplex parcel in the entire subdivision. Build your dream home on one side and a deed restricted rental on the other. This is a great opportunity to have a caretakers unit with extra income. This large .86 acre parcel is located near the entrance to the subdivision and offers amazing views! The peak of Mount Crested Butte, Gothic Mountain and views of Washington Gulch are enjoyed. 93 Meadow Drive, Crested Butte has a large, flat parcel, perfect for building and offers postcard perfect scenery throughout the seasons including blankets of fresh snow, abundant wildflowers and bright gold aspen leaves. The Meridian Lake Meadows...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Crested Butte is well known for being a hot spot for Wildflower viewing. Check out Six Amazing Wildflower Hikes in Colorado, posted by ExOfficio for more fantastic spots around the state to spot the best wildflowers. In the Indian Peaks Wilderness, the Devils Thumb Bypass hike offers high alpine access just west of Nederland. This hike has continental divide views, a treed hike and meadows of flowers for your enjoyment. The East Inlet Trail in Rocky Mountain National Park starts on the quieter (Grand Lake) side of the park. In less than a mile, you can take in a waterfall and an excellent wildflower field with the ever-present chance of spotting moose or other wildlife. The Three Island Lake hike in the Mount Zirkel Wilderness offers a wide range of wildflower varieties including purple...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am very excited to announce the sale of 7209 County Road 734, Crested Butte while representing the Buyer for $355,000. This rare Pittsburgh cabin listing offers a secluded retreat tucked in the heart of the picture-perfect Slate River Valley. Custom craftsmanship can be seen throughout the custom home, which offers two bedrooms, two and a half bathrooms and sleeping arrangements for at least seven within the 1,753 square feet. This spacious cabin, situated on 2.4 acres of forested land is located near Daisy Pass, just thirty minutes from Crested Butte up Slate River Road. This home enjoys US Forest Service access on two sides, which can be enjoyed from the massive front side deck, which overlooks the valley below. 7209 County Road 734, Crested Butte enjoys the benefits of a wonderfull...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I’m happy to announce that the commercial lot opportunity at TBD Belleview Avenue, Crested Butte is now available. There are a total of six commercial lots available, which are conveniently located in the center of the commercial district of Crested Butte. Zoned for commercial use, there are many building options including a mix of commercial and residential use. The six lots may be sold in a variety of configurations. They are offered an one expansive parcel, as three double parcels, or two triple parcels, rather than the combined six. Each double parcel is offered for $400,000. Each triple parcel is offered for $600,000 each, pending subdivision approval from the Town of Crested Butte. Is your business in need of a conveniently located site in the heart of the Crested Butte commercia...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am pleased to announce the new listing of 16 Club Cottage Dr, Crested Butte. Located in the Skyland subdivision, this beautiful town home is directly across the street from the country club and Robert Trent Jones, Jr golf course. With three large bedrooms, three and one half baths, and a third level loft area for additional sleeping, there is plenty of room for guests! This fully furnished town home enjoys gorgeous mountain views including breathtaking views of Mt. Crested Butte. The home’s vast living space is accompanied by hardwood floors, tall ceilings, and exposed wood beams. After a long day of mountain activities relax by the raging fire while taking in the stunning views of Whetstone Mountain from the living room. This home’s lovely kitchen includes an island with granite cou...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am pleased to announce that 12 Watters Circle, Crested Butte is Under Contract while representing both the Seller and Buyer. This parcel is located approximately eight miles south of Crested Butte in the Crested Butte South subdivision. It is near Cement Creek, which offers access to hiking, mountain biking, and fishing within minutes. With expansive, forever views in all directions, this parcel will be an excellent site for a beautiful home in Crested Butte South. It offers 0.38 acres on an elevated, corner lot in the subdivision.  This corner parcel provides stunning views of Red Mountain, Axtel, Red Lady, Whetstone and Mt. Crested Butte.The Crested Butte South subdivision is the area’s most family oriented community with the highest number of year- round residents. Just minutes fro...
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