Gunnison County, CO Real Estate News

By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Visit the site for a video tourAn incredible and rare offering at Roaring Judy Ranch near Crested Butte, this spectacular 118 acre ranch property borders US Forest Service land and features stunning 100-mile mountain and valley views, all day Colorado sunshine and a beautiful mix of dark timber and aspen groves.Roaring Judy Ranch borders the protected Almont Triangle State Wildlife area, home to a variety of wildlife including big horn sheep, elk and deer.  Convenient yet private, from this central location it's just 18 miles down valley to Gunnison's jet served airport and 12 miles up valley to the historic mining town of Crested Butte and the ski resort. Nearby, the Jack's Cabin Cutoff road provides quick access to the public lands and world class fly fishing on the legendary Taylor R...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Hello from Crested Butte,   The scarcity is real around these parts. If you are shopping our market currently you are aware of the limited inventory situation. There are only 27 homes listed for sale throughout the Upper Valley marketplace ranging from the low end for a 1971-built house in Mt. Crested Butte listed at $1.575 million to the top of our market for a 9,169 SF mansion listed for just under $10 million at Skyland.   Right now, only 17 condos and townhouses are listed for sale ranging from the low end for a $162 thousand Grand Lodge condo-tel unit at the ski resort to a brand new duplex unit located in the town of Crested Butte listed for sale at $2.685 million. I believe this is the first time in our history we have more homes than condos on the market.   Year-to-date we've w...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Clients: "We know it's a long shot because it's not on the market but we really liked it when it last sold in 2020 so please try and make it happen".Me: "Hold my 🍺".Just sold this beauty on Rainbow Park...a perfect location for this young family of five to live year round in Crested Butte. Deets: 825 Elk Avenue, 5 🛌 6 🛀 3,188 SF, $5.1MM.#crestedbutterealestate#livsothebys#livsothebysrealty#sothebysrealty#luxurylifestyle#mountainlife#crestedbutte
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Sold it at Aperture this week! Lot 4 is the future home of another amazing home from Midtown Mountain. This primo location enjoys mountain views, solar gain, quick access to the Slate River and it’s only a 7 minute townie ride to Kochevar’s! Yes I timed myself. A new, private residential neighborhood in Crested Butte, Colorado. Only 23 homesites exist at Aperture. The Slate River meanders through the backyard.  This spot enjoys magnificent views of the Paradise Divide, Mt Crested Butte and across the Upper East River Valley. Aperture is the only place where you can enjoy the best of mountain living with the convenience of being located just steps from Crested Butte’s historic downtown. Sale Price: $1,255,000 https://crested-butte-real-estate.com/sold-at-aperture-in-crested-butte/
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Excited to promote this amazing historic hotel listing in Crested Butte!Visit the Listing Site for DetailsAn iconic property located in the coveted historic west end of Town, this one of a kind Crested Butte hotel cannot be duplicated. At 10,391 SF, the property features 19 guest rooms, 22 bathrooms, a managers apartment, spacious common areas for guests, a large kitchen, a full bar, comfortable guest lounging and dining areas as well 2 lobby powder rooms. Beautifully renovated and very well maintained, the original locally sourced Douglas fir wood flooring was recently refinished and all of the guest accommodations are individually decorated. The third floor rooms include balconies with spectacular views of the ski resort and the surrounding mountains. The Elk Mountain Lodge is nestled...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Sold it in town! An absolutely incredible location in Crested Butte, 215 Butte borders the permanent conservation land on the north side of town. The home enjoys stunning views of the Paradise Divide mountains, Gothic Mountain, Mt. Crested Butte and the Upper Slate River valley. Honored and privileged to help both buyer and seller with this transaction. This sale is the all time high priced sale for the Town of Crested Butte. $4,606,000 See the video and photo gallery at this link:https://crested-butte-real-estate.com/homes_for_sale/215-butte-avenue/
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Sold it up at Red Mountain Ranch! You can literally see for miles from this spot high above the Upper East River valley. This 5,450 sf, 4 bedroom stunner includes a 755 sf garage and sits on a beautiful 35+ acre parcel at the western edge of the ranch community. It was an honor to bring both the seller and buyer together on such a special offering. Sale price: $3.25M.https://crested-butte-real-estate.com/home_status/significant-sale/
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
SOLD: Newly built mountain modern custom home at Buckhorn Ranch in Crested Butte. The 5 bedroom, 5 bath home features contemporary finishes throughout its unique and livable design. Highlights include a Sub-Zero-Wolf kitchen, a 4-panel multi-slide pocket door that opens the living room to the huge flagstone patio, and a wood-burning fireplace. Other highlights include dramatic steel beams and oak flooring throughout. The primary bedroom suite is conveniently located on the main level and enjoys a large walk in closet and a sunny bath.  There are two separate upstairs spaces. The first has three bedrooms, one with an en-suite bath, an additional shared bath and a comfortable living area. The fifth bedroom and bathroom is situated above the garage and connected via an outdoor upper deck o...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Please to announce this week's successful closing of the 19 remaining developer homesites at Wildhorse at Prospect. Located between Crested Butte Mountain Resort’s ski slopes to the south and the National Forest to the north, each fully entitled parcel enjoys incredible mountain and valley views and walking distance proximity to the slopes and summer trails. The Wildhorse at Prospect luxury home development currently comprises 30, first-generation homes and 4 recently built and sold second-generation homes. The next chapter at Wildhorse at Prospect in Mt Crested Butte is about to begin. I'm looking forward to representing the 3rd generation luxury ski homes that will complete this special community!  The 19 lots sold for $3,375,000. Visit Site:https://crested-butte-real-estate.com/land_...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Unbelievable and something none of us expected, the 2020 real estate market in Crested Butte turned into our biggest year ever with total sales volume reaching $400 million. The last time the market behaved like this it was 2005. The ski resort sold the year prior and a new wave of people came to our valley and bet big on the future of Crested Butte. Then the financial meltdown in 2008 stopped everything. Fast forward to 2020. The year started flat. Q1 was fairly quiet with only $20 million in sales through March 1st. Folks were talking election year politics and the end of the bull market as reasons to hold off investing in Crested Butte real estate. Some people questioned the motives of Vail Resorts and if their presence as the new operator of the ski resort would cause our market and...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Just sold it in Crested Butte. The sale represents the all time high price fetched in the town limits for a homesite beating the old record by $1 million.  .22 Acres. Sale price was $2,279,500. Learn More >The only remaining undeveloped homesite on Butte Avenue west of the footbridge and one of the very best locations in town, 305 Butte Avenue features dramatic and forever protected views of Red Lady, the Paradise Divide, Gothic Mountain, Whiterock Mountain, the top of Teocalli Mountain and Mt. Crested Butte. This highly coveted stretch of Butte Avenue in the northwest section of town is home for many of Crested Butte’s amazing properties. Bigger than typical Town homesites, this larger 9,375 sft. parcel gives you the proper amount of space to max out a new mountain home and provide roo...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Happy to announce another successful real estate sale in the town of Crested Butte today. I sold my exclusively listed property located at 726 Maroon. The 3,365 SF, four bedroom home sold for $2,250,000. The leading edge mountain modern design in the town of Crested Butte was a recent collaboration between Andrew Hadley Architect and Michael Weil Custom Homes. The home oozes cool, luxe and convenience. Featuring a stunning, seamless mix of steel, brick, hardwood, concrete and clay, the completely renovated home flows naturally and comfortably from space to space. The desirable traditional floor plan puts the living, kitchen, dining, entryway and a full bedroom suite on the 1st level and three more bedrooms including the master suite upstairs. Learn More at this Property's Website
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Visit Site: http://crested-butte-real-estate.com/gunnison-crested-butte-airport-granted-millions-in-covid-funds/The Gunnison-Crested Butte Regional Airport was awarded $18 million last week as part of federal relief package to eligible U.S. airports. The funds were issued through the Coronavirus Aid, Relief, and Economic Security (CARES) Act to keep airports poised for a return to normal activity by supplementing lost revenue, keeping staff employed and keeping airport improvement projects on track during the COVID-19 crisis. The large allocation means other entities in the county will save money previously committed to the airport’s renovation plans, as well. Gunnison County’s airport received the third largest sum in the state.Airport manager Rick Lamport says the funds were granted w...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Greetings from Crested Butte,It is no longer a secret that Upper East River Valley residential real estate prices are rising and it is getting expensive to buy a house or condo here. What many don't know about our local market is the opportunity to buy land including subdivision homesites, larger acreage and ranch land offerings. Today, our market's best value proposition is unimproved land. Obviously you'll need to build a house to complete the process but when you receive that certificate of occupancy you'll likely have an asset with solid equity built in.Why is purchasing land a great play in the Crested Butte area? Land values have not rebounded like home values. With the exception of the Town of Crested Butte where land values are the highest they've even been due to absolute scarc...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Happy New Year from Crested Butte,Where are all the new or updated homes and condos for sale? It is true our local real estate market continues to perform in an impressive manner but the storyline from 2019 is all about the rising yet unmet demand for "new" and "updated". Today's Crested Butte home buyers are shopping but not exactly finding what they are looking for. What is missing from our marketplace? Newly built or expertly remodeled homes and condos with fresh interior designs, modern materials and layouts. Yes, there is plenty of construction going on around the valley. But much of the build activity today involves custom homes for individuals. Demand for custom homes is so strong that local contractors are breaking ground during winter, pouring foundations and framing buildings ...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Wow. What an opportunity! They don’t make log homes like this one anymore and you won’t find property with acreage, privacy and proximity to town and amenities like this anywhere else in our valley. Located just a few minutes from the historic Town of Crested Butte and world class winter sports at Crested Butte Mountain Resort, Red Feather Ranch is the offering you’ve been waiting for. Handcrafted on site from salvaged, standing-dead Engelmann Spruce logs harvested in Colorado and Utah, the stunning 4,756 SF ranch home sits on a private 6.25 acres and enjoys captivating panoramic views of Mt. Crested Butte, the Paradise Divide, Whetstone and Emmons. Featuring five bedrooms and five baths, the property will accommodate your family and friends in style and comfort for years to come. The d...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Greetings from Crested Butte,Thankfully, the snow has arrived in our valley and the ski resort is preparing for opening day on November 27th and the Thanksgiving Holiday. People that live in ski towns get emotional over things like the promise of another ski season, snow totals on the Pow Cam (6 inches this morning), and long lift lines. People also get emotional over things like jobs, wages and affordable housing. In Crested Butte, emotions are running high. Housing is getting expensive again and more people than ever want to make a life here.It was not that long ago the local housing market was digging out of that nasty multi-year recession. From  the crash in 2008 to 2012 we struggled to sell anything to anyone. Our sales volume was as low as investor confidence. In 2012 our total re...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Read this Newsletter with Featured ListingsGreetings from Crested Butte,Our summer season has ended but these September days are still warm, sunny and brilliant. For many, this is the best time of year to be in the Butte. The mid-summer visitors are gone making the trails, peaks, campgrounds and restaurants way more user friendly for locals and guests alike. And, the promise of a fast approaching ski season energizes all of us with excitement. Vail Resort’s Epic Pass is on sale now. If you haven’t purchased a ski pass for this season head over to the Epic Pass site now. Their prices go up as we get closer to opening day. Vail offers a variety of pass options so take advantage now. Paying walk up window lift ticket prices is painful.Looking back, the summer selling season started off wit...
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By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veterans now have access to a new VA renovation loan to refurbish or remodel their homes.  This loan program is available for new home purchases as well as for remodeling homes currently owned by the veteran.  It is estimated that over 50% of homes nationally are 40 years or older, and in the current housing market many homes are in need of updating, addressing deferred maintenance, or improving the energy efficiency of homes to lower utility costs.VA loan benefits include the following unique advantages:  a.  up to 100% financing, b.  no mortgage insurance, c.  up to $ 35,000 in renovation funds escrowed, d.  all renovations must be completed within 60 days of closing, e.  you can close on a purchase or refinance in the “as is” condition, f. you can borrow against the future value of t...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
JUST LISTED IN CRESTED BUTTE.Crested Butte’s version of leading edge mountain modern design, this recent collaboration between Andrew Hadley Architect and Michael Weil Custom Homes oozes cool, luxe and convenience. Featuring a stunning, seamless mix of steel, brick, hardwood, concrete and clay, the home flows naturally and comfortably from space to space. The desirable traditional floor plan puts the living, kitchen, dining, entryway and a bedroom suite on the 1st level and three more bedrooms including the master suite upstairs. Step into the chef’s kitchen and you’ll be hooked. Features include beautiful soapstone tops, state-of-the-art appliances and eye catching hood and duct work set against a brick wall and impressive structural steel beams.  $2,695,000Click to Learn More >>>
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Gunnison County, CO Real Estate Professionals