Crested Butte, CO Real Estate News

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...
Comments 1
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...
Comments 2
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...
Comments 0
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 Check out the Adaptable Luxury article in Peak Magazine (on page 16). This is an incredible story about some great clients of mine. In the article you’ll read about how they decided to build a home from the ground up in Crested Butte in order to accommodate some very personal obstacles. With the creative thinking of local experts, we were able to adapt to a challenging situation and build a house that is comfortable, cozy and most importantly one that they can call “home”. Find out why they chose Crested Butte as their new home after living in the same house in Kentucky for nearly three decades and see photos of the finished project. With the ultimate goal of building a home that was “symbolic of their values and the time they had spent cultivating a busy, successful life” they were al...
Comments 0
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am very happy to announce that 22 Riverbend Drive, Crested Butte is now Under Contract while assisting the Buyer. 22 Riverbed Drive, Crested Butte is located just two miles south of the town of Crested Butte in a nice neighborhood. This adorable single family home home is perfectly situated on a 0.36 acre lot. This unique home offers 1,328 square feet of living space including two bedrooms, two bathrooms and a loft with additional room for sleeping. Vaulted ceilings with exposed beams, lots of wood features and a wood burning stove provide a cozy mountain feel with an updated look. Lots of windows and natural light make this home feel open and spacious. This home has been well cared for and offers a new kitchen and new bathrooms with additional perks such as a jetted, custom soaking ...
Comments 1
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am very happy to announce today's sale of 413, Elk Avenue, Crested Butte while assisting the Buyer.413 Elk Ave, Crested Butte is a historic downtown Crested Butte single family home located on the sunny side of Elk Avenue. The bright blue home, with white trim and a bright red door fits perfectly in the style of the funky, mining era buildings along Elk Avenue. The home can be enjoyed by either long term commercial rentals or as a single family home in the heart of down town. With the benefits of Elk Avenue foot traffic, the store front is attractive and convenient for shoppers. The home is within about a quarter mile of everything Crested Butte has to offer. Retail shops, restaurants, coffee, banks, and both bus stops are conveniently within walking distance of 413 Elk Ave, Crested B...
Comments 2
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
341 7th St, Irwin, Colorado was listed on the market this week. This custom built, hand-hewn log cabin is located in the heart of the Rocky Mountains in beautiful Irwin, Colorado. The 0.77 acre parcel hosts a truly charming cabin with unlimited potential. The cabin is dried in and ready for your custom interior finishes. Set on a hillside, views of the surrounding peaks and valleys can be seen from almost anywhere in the 1,550 square feet cabin. Plans for a garage and additional bedrooms have been approved, which can double the living space. This mountain getaway at 341 7th St, Iwin is perfect for summer and winter enjoyment. Irwin Lake is within walking distance, providing easy access to water sports, fishing, hiking, biking and back country exploration. In the winter, the cabin is acc...
Comments 3
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View 2015 Market Recap Here2015 was another year of sustained growth for Crested Butte's and Gunnison's real estate markets. The market grew bigger than expected with Crested Butte seeing a nearly 10% increase in sales over 2014 and Gunnison realizing a whopping 90% increase over the previous year. Across Gunnison County, average sold prices rose along with the total no. of properties sold. 377 transactions created just over $170 million in sales volume for the Upper East River Valley making 2015 our best performing year since 2008. Impressive considering this path we are on didn't really kick off until 2013 when values began to stabilize after the downturn. We reached $100 million in sales that year. Then, in 2014 we enjoyed a significant rebound surpassing $150 million in sales.This p...
Comments 0
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
 I am very pleased to share that 413 Elk Avenue, Crested Butte is Under Contract while assisting the Buyer.413 Elk Avenue is a historic Crested Butte home which would be perfect for either a single family home or commercial space- enjoying the benefits of Elk Avenue foot traffic. Located on the sunny side of Elk Avenue, the 1,529 square foot home is painted a deep blue color with dramatic white trim and an inviting bright red door. The colorful house is complimented by the neighboring houses on Elk Avenue. The three bedroom, one bath home has a spacious and charming interior, wood floors and plenty of natural light throughout the two stories. In the back of the home, through a convenient mud room, the back door leads you through the quaint backyard to the two car detached garage. The si...
Comments 1
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
I am extremely pleased to announce the sale of 621 Teocalli Avenue, Crested Butte, CO 81224 while assisting the buyer. 621 Teocalli Avenue, Crested Butte is a beautiful half duplex in-town with mountain views to the north! This residence features three bedrooms plus a loft, two and a half baths, hardwood floors, in-floor heat, honed granite and travertine baths, honed granite and stainless steel kitchen. 621 Teocalli Avenue, Crested Butte has RECENT UPGRADES include all new carpet, new tiled ground floor hallway, new bedroom furnishings and linens, new living room furniture and accessories, new kitchen dishes and accessories, and a new stainless range hood. The spacious ground floor deck gives way to a finely landscaped, irrigated and partially fenced yard that offers a large storage sh...
Comments 1
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
The overall Gunnison and Crested Butte area real estate market has continued strong growth throughout 2015.  The market is up almost 15% over 2014 for the upper  East River valley. The main reason for the overall growth? Single family homes just outside of the Town of Crested Butte and all the way into the city of Gunnison have all seen large sales volume growth from 43% to 173%.Also vacant land and lots have seen significant growth from the previous year. The market segments that have leveled off include single family homes, condos and town- homes in both the towns of Crested Butte and Mt. Crested Butte.The fourth quarter of 2015 looks to level off quite a bit compared to the high sales volume numbers that happened during late summer and early fall. We forecast that our local real esta...
Comments 0
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
There are still plenty of fall colors to see in the Crested Butte Area! This list of 5 Must-See Places for Crested Butte Fall Color is a good start for any leaf looker. The list was compiled by local photographer, Dusty Emerson and judging by his photos, he knows all the sweet spots. Of course, Kebler Pass (home of the world’s largest aspen grove) is on the list in addition to other nearby areas. Many of them require little to no travel from the heart of town and my personal favorite, The Castles, can be seen clearly from Ohio Pass. The peak has passed in some areas, but you may still be able to catch a glimpse of that bright yellow hue alongside the golds and deep oranges this weekend. The amazing Crested Butte Fall Color won’t stay much longer, so make plans to see them soon. Grab you...
Comments 1
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am excited to represent a truly spectacular offering at Jacks Cabin. This 41+ acre ranch is located only 12 miles from Crested Butte, upstream from the Roaring Judy Fish Hatchery. Straddling both sides of the legendary East River, the property enjoys private trout fishing, beautiful landscaping, trout and duck ponds, good hay ground, and a fully equipped horse and livestock corral and barn facility. The spacious ranch house features two, floor-to-ceiling rock fireplaces, vaulted, beamed ceilings highlighting the tongue and groove pine, a big entertaining room with a wet bar and stunning views of the river and mountains from every window. Both the main house and guest quarters feature gorgeous beetle-kill pine accents throughout and impressive tile and wide plank wood floors. Gunnison’...
Comments 1
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
It’s that time of year again. Colorado’s fall colors are nearing their peak and there are some great spots for a front row seat to the vibrant colors! Kebler Pass, just outside of Crested Butte is home to the world’s largest aspen grove. It also happens to be the second largest living organism on Earth- definitely worth checking out. If you need more leaf looking, there are nine other places on this list of 10 Best Places To See Colorado’s Stunning Fall Colors. You may get better views if you steer clear of passes high above 11,000 feet elevation, as you will find yourself high above the trees. Beware of stopping vehicles and pedestrians with cameras…have fun out there!If you re interested in the worlds largest living organism, it’s a honey fungus in Oregon. 
Comments 2
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
The Resort Report is a bi-annual publication from Sothebys International Realty. Our local Crested Butte Sotheby’s office contributes market data along with the other western U.S. ski town Sotheby’s franchises including Aspen, Telluride and Steamboat Springs.  The Report demonstrates Mid-Year 2015 results, with a recap of activity from January 1st to June 30th.View the Report Here:http://crested-butte-real-estate.com/crested-butte-sothebys-mid-year-real-estate-report/ Thanks for visiting,Channing BoucherBroker AssociateBenson Sothebys International Realty970-596-3228 
Comments 0
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
It was a busy week for Crested Butte area ranch sales. Two of my exclusively listed ranch offerings sold: 426 Red Mountain Ranch Road and 2200 Eagle Hill Road sold in all cash transactions. This sales activity signals a return of demand for rural Crested Butte and rural Gunnison ranch properties.426 Red Mountain Ranch located high on Red Mountain sold for $2,750,000. 426 Red Mountain Ranch is a flawless interpretation of the Grand Lodge architectural style with an integrity of craftsmanship rarely found. Architect and Builder combined here to create a magnificent home on a stunning piece of land. The home flows from space to space with a subtle balance of privacy and gathering. Exceptionally appointed with antique rugs, modern technologies, one of a kind art and furnishings, and graced ...
Comments 0
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to let everyone know about another successful real estate transaction in the town of Crested Butte. I represented the purchaser of the property located at 417 and 417.5 Whiterock Avenue. At the front of the 9,375 SF south facing parcel lies 417 Whiterock, a historic two bedroom, 1 bath home and out back 417.5 Whiterock is a one bedroom 1.5 bath unit. The oversized lot features a big fenced yard, alley access in the rear and nice views of Gibson’s Ridge to the south. The property sold for $675,000. View this property’s webpage for details.
Comments 0
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am pleased to announce another successful real estate transaction in Crested Butte Colorado. I represented the purchaser of the fine town home located at 724 Teocalli Avenue. The property was listed by my fellow Sothebys agent Kiley Flint. The well-maintained town home features awesome views of the northern mountains, a fenced and landscaped yard and a coveted garage space with additional storage. The 3 bedroom, 2 bath, 1553 sf property sold for $548,000.MLS Description:Flawless modern touches intended for low maintenance living. This updated three bedroom, two full bath property is located on a great street in the east side of Crested Butte. Updates include wood flooring, kitchen cabinets, soapstone kitchen countertops, lighting and paint. The outdoor patio with incredible mountain v...
Comments 2
By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very pleased to announce two successful real estate transactions here in Crested Butte Colorado. I represented each buyer on their purchases of a 11,250 sf "in-town" homesite. The first buyer chose the parcel located on the north side of the 900 block of Belleview Avenue paying $500,000 and the second buyer chose the parcel located directly across the street on the south side of Belleview. This parcel sold for $495,000. These oversized, “double” parcels feature protected views of the surrounding mountains and the Upper East River Valley.  Five homesites in the town of Crested Butte have sold year-to-date. When we look back on 2015, these two transactions will be considered a strong value and excellent opportunity for the purchasers. Values for in-town homesites are skyrocketing. O...
Comments 0
By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
"Roof Tops" by Diana Ong     Hi Everyone,   Happy 4th of July from Crested Butte, Colorado! Summer is here in full swing and it's time for parades, BBQs, hiking, mountain biking, fishing, golfing and most importantly purchasing that dream mountain property you have been waiting for. With summer's arrival so has the appearance of the Crested Butte buyer and with current price levels I foresee many sales occurring in the next few months. So far this year we have seen sales totaling $35,844,153 of single family, town homes and condominiums in the upper valley with an average reduction off of list price of 12%. Compared to the same time last year we have increased sales by over $7,000,000 and interestingly increased the average discount by only 3%. Historically we sell more inventory in ou...
Comments 0