Crested Butte, CO Real Estate News

By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to announce another successful sale in the beautiful resort market of Crested Butte Colorado. The renovated historic home located at 107 Elk Avenue sold today for $875,000 and $450/sf.  Learn more by visiting the site.  PropertyDescription:  A beautifully renovated Crested Butte historic home (2005) designed by a local architect and interior designer.  Located at the quiet end of town on Elk Avenue, the property is a true Colorado charmer.  Enjoy luxurious appointments throughout including hardwood floors, the designer furnishings and lighting package, a granite laden, high end chef’s kitchen, vaulted, wood and beam ceilings and a gorgeous rock fireplace anchoring the living room. 107 Elk Avenue is a highly popular Crested Butte vacation rental. The home sleeps up to 10 people i...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Today’s Edition of the Crested Butte Real Estate Advisor View Today’s Crested Butte Real Estate Advisor Newsletter Here2014 will be remembered as another incredible year for Crested Butte. Our local economy continued its improvement on many fronts including increased tourism, rising real estate sales and property values and a serious spike in new construction and home renovation activity.Visitors and investors alike are increasingly bullish on Crested Butte and some of the significant factors are highlighted in the Town Manager’s just released 2014 report below. From my perspective, Crested Butte is on a roll. Our tourist economy has improved into a year round affair, sales tax revenues are way up and we appear to be following our plan of action to further enhance our amenity-based tour...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to announce another successful real estate transaction here in the wonderful Town of Crested Butte Colorado. I represented the purchaser of the 6,000 sf parcel located on the street corner of  7th and Elk Avenue. The homesite enjoys nice solar gain, views of the surrounding mountains and quick access up Elk Avenue to Crested Butte’s downtown shops, galleries and restaurants. The ski resort shuttle stop is a short walk from this location. The property sold in a all-cash transaction for $477,500. View this property's description and photo gallery here >>>
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Bud Light in Crested Butte. Whatever, USA Benson Sotheby's Ad Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com          
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
The Crested Butte Collection - Fall is Around the Corner Corey Dwan | Realtor The Crested Butte Collection August 2014 Edition Town Tidbits A taste of fall has touched our valley as colder evenings (a hat would have been nice this morning), rainier days and a few snow capped peaks have made their annual appearance. Labor Day weekend has come and gone but yet our small mountain town remains bustling with visitors. Mt. Crested Butte lodging sales tax revenue is up 25% and 14% in Crested Butte. Retail and restaurant tax revenue is up 8% to 31% from 2013 so it is evident we're busier than ever. Town council unanimously approved Bud Light's temporary take over of Elk Avenue to transform our town into a blue fantasy land titled Whatever, USA. Town will receive a gift of $500,000 and all the b...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
1071 Gothic Road, Crested Butte - Exterior Corey Dwan of Benson Sotheby's International Realty is pleased to announce that 1071 Gothic Road located in rural Crested Butte, Colorado is under contract via Buyer representation. This 1994 home is located hillside on 4.45 acres between Mt. Crested Butte and Crested Butte. Enjoying sweeping views of the entire valley and privacy from the highway this property has a seasonal creek, pond, 2,922 sq. ft., four bedrooms, three full baths, two car garage and wrap around decks. Offered for $650,000 so stay tuned for sales price. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteForSale.com           1071 Gothic Road, Crested Butte - Living Room 1071 Gothic Road, Crested Butte - Kitchen
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Excited to announce another successful real estate sale here in beautiful Crested Butte Colorado. I represented the purchaser of the classic Crested Butte Victorian property located at 110 Third Street.  Built in 1976, the home enjoys a desirable west side location on a very quiet side street. The Coal Creek foot bridge and Totem Pole park are just up Third Street for convenient  and walkable access to and “from” Elk Avenue dining and nightlife. Property highlights include a hot tub deck and a big family room with a bar, pool table, juke box and piano. The 2,614 sf, three bedroom sold for $825,000 Learn More About This Property
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  I am pleased to announce another successful real estate sale in the beautiful town of Crested Butte.  I represented the purchaser of the fine property located at 707 Elk Avenue in Crested Butte Colorado. The home was listed by Keller Williams. The beautifully renovated and outfitted five bedroom home sold in an all cash transaction at $1,209,995.Learn more at my Crested Butte Real Estate Guide.   Description & Photo Gallery Borrowed from the MLS and Listing Agent: Ready to be wowed? Step inside 707 Elk and experience the ultimate mountain modern luxury. These home owners did not miss a beat with this stunning remodel. Upon entering the property, you are greeted with gorgeous hand hewn wood timbers, hand peeled floors and a custom metal artwork. The living room features ample space fo...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  Strong Summer Pushes Market Up in Crested Butte Summer is over but the real estate economy in the Crested Butte area is as vibrant as our wildflowers and sun splashed peaks. Construction activity including new housing starts has also picked up significantly throughout the valley. In addition to the many custom homes being built, the 'spec home' segment continues its rebound with new luxury home offerings currently under construction in Prospect, Wildhorse at Prospect and the town of Crested Butte. This summer, demand rose for higher end properties and it appears prices in general are headed higher in most locations around the valley.  We've already sold $60 million worth of single family homes (71 sales) and another $31 million in condos and town homes (117 sales). The median sale pr...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very excited to announce the successful sale of the property located at 102 & 104 Maroon Avenue. Located in the highly desirable west end of Crested Butte, the original historic property underwent an amazing transformation in 2008, completely restored and preserved by Johnny Biggers and Crested Butte Builders. Historic preservation issues include jacking up the old structure without harming it and pouring a new foundation underneath. Renovating an historic structure is more costly than building a new structure from scratch.  Historic preservation regulations are stringent, not only with the Town of Crested Butte, but also with the State of Colorado. Multiple permits are necessary. The main house features reclaimed wide plank oak wood flooring, hand-hewn reclaimed wood beams and a ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Corey Dwan of Benson Sotheby's International is pleased to announce the recent sale of his listing at 622 Teocalli Avenue, Unit 8B, Crested Butte, Colorado via Seller representation. This in-town three bedroom, two full bath, fully furnished Meadows condo has a small creek running out front, great views of the Paradise Divide and low dues. Listed for $290,000 and sold Friday for $275,000 cash after only 42 days on the market. For all of your listing and buying needs call Corey Dwan for a market update and details of real estate service. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com           
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
The Crested Butte Collection - 42nd Annual Crested Butte Arts Festival Corey Dwan | Realtor The Crested Butte Collection July 2014 Edition Town Tidbits Summer continues in the Rocky Mountains as the wildflowers move to higher altitudes and the afternoon thunder storms make their daily appearance. Cooler temperatures, amazing skyscapes and the bustling flow of visitors fill our streets. The 42nd Annual Crested Butte Arts Festival starts tomorrow and goes through Sunday. Come enjoy over five blocks of incredible art, marvelous cuisine, artist and chef demonstrations, entertainment, children's activities and art auction. Make sure to come downtown every Sunday for the Crested Butte Farmers' Market at Elk Ave and 2nd Street, Alpineglow every Monday at the Center for the Arts and Music on th...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View Virtual Tour of this PropertyVery pleased to announced the successful sale of my exclusive listing located in town at 31 Teocalli Avenue. The well designed and maintained home sold today in an all cash transaction for $933,100.Located in the coveted west end of Town on the 0 block of quiet Teocalli Avenue, this home satisfies on all levels. The Lower Loop trail system access is nearby and Elk Avenue dining, shops and galleries and the free skier shuttle bus are just two blocks away. The quality of the location is complimented by the home’s beautiful interior design and use of refined materials, finishes and furnishings. Double thick granite countertops anchor a gorgeous custom kitchen outfitted with a Thermador dual-fuel range and Jenn-Air stainless steel appliances wrapped by dis...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
We at Sothebys International Realty are pleased to announce a successful auction with Concierge Auctions here in beautiful Crested Butte Colorado. The property located at 130 Whetstone Vista Drive sold last week for $2,450,000.Named one of “America’s Finest Homes” by Frontgate magazine, Hassford Gulch in Crested Butte features distinctive English country house architecture on a picturesque 2.2-acre mountain setting. Soaring windows beautifully frame the rock-cliff backdrop of Mt. Crested Butte and the 5th tee-box of the Club at Crested Butte.Hassford Gulch aka 130 Whetstone Vista Drive is a masterpiece of historical design, often called “The Castle” or as the architects refer to it, “Copper Baron”. Featuring absolutely stunning views of the majestic Elk Mountains, the site for this “he...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Corey Dwan of Benson Sotheby's International Realty is pleased to announce the sale of 1894 Red Mountain Ranch Road in Crested Butte, Colorado via Buyer representation. This beautiful 4,429 sq. ft. four bedroom, four and a half bath log home sits on 35.10 acres in Red Mountain Ranch and enjoys amazing views to the north. Gourmet kitchen with AGA Legacy stove, media room with wet bar, three master suites, screened porch and oversized two car garage are just some of luxurious features of this Crested Butte getaway. Listed for $1,495,000 and sold for $1,350,000. Call Corey Dwan if you are interested in a rural Crested Butte home. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com           
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Corey Dwan of Benson Sotheby's International Realty is pleased to announce that his new listing at 622 Teocalli Avenue, unit 8B, Crested Butte, Colorado is under contract. On the market only 18 days before an acceptable offer was accepted this three bedroom, two full bath, northwest corner residence has incredible views of the Paradise Divide and Red Lady. Located in the heart of Crested Butte with a small creek out front this condo will make a fantastic primary or second home. This residence has 1,055 sq. ft., stainless appliances and is fully furnished. Stay tuned for sales price. If you are looking for Crested Butte real estate or need to sell your property call Corey Dwan for assistance. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Very pleased to announce another successful real estate transaction here in Crested Butte Colorado. I represented both the buyer and the seller on the sale of Lot 1 at Crested Butte Highlands. This awesome ranch land parcel offers commanding views of Red Mountain and Whetstone Mountain. The homesite enjoys unobstructed views of the lush East River Valley below. The property also features great topography, elevated, south facing homesite locations and a nice mix of forest and meadows. 9 different Colorado wildflowers grow on this parcel. The National Forest is nearby and great trails abound. The town of Crested Butte and the ski resort are located 15 and 20 minutes away. Crested Butte South general store, gas, Camp4 Coffee and other amenities 5 minutes down the hill. Easily one of the b...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am pleased to announce the closing of my most recent real estate transaction here in sunny Crested Butte Colorado.I represented the buyer on her purchase of the beautiful architect’s home located in town at 711 Teocalli Avenue.  Sitting on a big 9,375 sf. lot (three Town of Crested Butte lots), the 2,500 sf., three bedroom, three bathroom home enjoys great Colorado light,  Mt Crested Butte views, a big landscaped and fenced yard and a detached garage with an office above. The home’s layout features upstairs living, dining, family rooms and an open kitchen. This property is particularly special due to the oversized parcel, creating opportunity for expansion in the future. The home sold for $950,000. This sale marks my fifth “in-town” home transaction this year.  Learn more at my Crest...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Photo from Montanya Distillers                   SkiCurbed.com searched all of the ski town distilleries in North America and came up with the top ten. Montanya Distillers in Crested Butte, Colorado came in at #6. Congrats guys! Click here for full story. And visit them at 212 Elk Avenue, Crested Butte, Colorado - 970-799-3206 - MontanyaRum.com. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com           
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By RJ Baxter, 303-670-0137
(Fairway Independent Mortgage Corporation)
90% financing and low Jumbo Mortgage Rates on Colorado Jumbo Loans. Are you looking for a Crested Butte Colorado Jumbo mortgage company? There has never been a better time than right now to take advantage of this program. We specialize in helping luxury home buyers who need financing for higher jumbo loan amounts. What is a jumbo home loan? A jumbo mortgage loan in most counties is any loan that is greater than $417,000. There are some "high balance" counties in Colorado that exceed the $417,000 limit, and they are listed at the bottom of this article or follow this link to the Fannie Mae County Loan Limits to check your county. These counties allow for "conforming" rates above $417,000 and up to the county limit. Are mortgage rates higher on jumbo loans in Crested Butte? Not necessaril...
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