Historic Crested Butte Real Estate Market Report

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Crested Butte started off as a coal and silver mining town in the late eighteen hundreds.  Eventually the mines closed and the town shrank in size and did not begin to grow again until the ski area was started up in the 1960’s.   The town of Crested Butte is now a vibrant winter and summer destination with many tourists coming from Texas, Oklahoma and the front range of Colorado.  Crested Butte has 1,500 year round residences and has been able to keep its small town charm and mining heritage alive.  Crested Butte’s adorable downtown area is home to many restaurants, coffee shops, retail shops, art galleries and many professional offices.  Crested Butte is also home to the Crested Butte Community School which was ranked as the sixth best public school in the entire state of Colorado.

Crested Butte has an eclectic mix of homes drawing inspiration from the mountains and its past mining heritage.  The town of Crested Butte has become a highly desirable place to live in Gunnison County because of its close proximity to Alpine and Nordic skiing, hundreds of miles of singletrack trails, shops and restaurants, and the K-12 community school.  This keeps property and land values high.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2
7 Moon Ridge Ln 8 8 6,737 $25,000,000 $3,710
378 Phoenix Way 8 10 11,417 $17,500,000 $1,532
15 And 14 Garland Dr 5 5 6,090 $16,878,000 $2,771
905 & 921 County Road 317 8 9 10,259 $14,250,000 $1,389
129 Gothic Ave N/A N/A 10,391 $11,000,000 $1,058
5 Aperture Ln 5 7 5,172 $8,750,000 $1,691
1294 County Road 734 9 9 7,074 $8,700,000 $1,229
412 Ridge Rd 4 5 4,644 $7,200,000 $1,550
453 Lake Ridge Dr 5 6 4,826 $7,000,000 $1,450
228 Elk Ave 2 2 3,492 $6,995,000 $2,003
228 Elk Ave N/A N/A 3,492 $6,995,000 $2,003
507 First St 3 4 2,069 $6,995,000 $3,380
318 Elk Ave N/A N/A 13,770 $6,500,000 $472
305 Buckley Dr N/A N/A 4,032 $6,500,000 $1,612
825 Elk Ave 5 6 3,499 $6,295,000 $1,799
141 Golden Stone Dr 6 6 4,392 $5,995,000 $1,364
231 S Avion Dr 4 5 5,068 $5,995,000 $1,182
291 Fairway Dr 4 5 3,989 $5,925,000 $1,485
69 Peeler Ln 5 4 4,415 $5,688,000 $1,288
1620 Red Mountain Ranch Rd 4 5 3,458 $5,550,000 $1,604
9 Glacier Lily Way 5 6 5,132 $5,400,000 $1,052
410 Country Club Dr 6 5 3,706 $5,300,000 $1,430
512 Journeys End Rd 5 5 6,084 $5,175,000 $850
796 Red Mountain Ranch Lower Loop Rd 4 4 4,016 $4,985,000 $1,241
5 Glacier Lily Way 4 4 4,040 $4,700,000 $1,163
Average: 3.8 3.7 2,904 $1,908,997 $1,011
Viewing 1 - 25 of 274
Viewing 1 - 25 of 274
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2
969 Skyland Dr 5 6 5,563 $6,950,000 $1,249
30 Teocalli Ave 2 2 1,917 $2,500,000 $1,304
37 St Andrews Cir 4 4 2,215 $2,235,000 $1,009
180 Elk Valley Rd Unit 112 4 4 2,608 $1,950,000 $747
70 Bridle Spur Way 3 3 3,572 $1,879,000 $526
22 Links Ln 3 4 2,498 $1,849,000 $740
134 Alpine Ct 3 3 1,788 $1,750,000 $978
116 Anderson Dr 3 3 3,458 $1,748,000 $505
267 Neville Way 3 3 2,220 $1,495,000 $673
629 Teocalli Ave 3 3 1,474 $1,375,000 $932
333 Haverly St 3 2 1,919 $1,160,000 $604
615 Elk Ave 3 2 1,428 $1,125,000 $787
311 Cmnt Crk Rd Unit E 3 3 2,067 $959,000 $463
101 Elk Valley Rd Unit C 2 2 1,011 $929,500 $919
148 Elcho Ave Unit 20 3 2 2,056 $685,000 $333
28 Escalante St Unit 1 2 2 1,085 $640,000 $589
426 Belleview Ave Unit 102 N/A N/A 829 $625,000 $753
1190 Red Mountain Ranch Rd N/A N/A N/A $469,000 Unknown
140 Alpine Ct N/A N/A N/A $395,000 Unknown
462 Anderson Dr N/A N/A N/A $319,000 Unknown
350 Country Club Dr Unit 402A N/A 1 568 $315,000 $554
Average: 3.1 2.9 2,126 $1,492,976 $759
Viewing 1 - 21 of 21
Viewing 1 - 21 of 21
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 Sold Date
188 Bethel Rd 7 10 9,147 $13,900,000 $13,900,000 $1,519 10/23/25
33 Aperture Ln 5 6 5,393 $8,475,000 $8,475,000 $1,571 8/28/25
426 Saddle Ridge Ranch Rd 5 5 4,490 $7,150,000 $7,150,000 $1,592 7/1/25
1610 Red Mountain Ranch Rd 4 4 5,450 $5,995,000 $5,995,000 $1,100 5/21/26
918 Belleview Ave 5 6 3,463 $5,495,000 $5,495,000 $1,586 7/6/26
14 Gothic Ave 4 4 2,858 $4,950,000 $4,950,000 $1,731 9/2/25
1482 Peanut Lake Rd 2 4 1,636 $4,500,000 $4,500,000 $2,750 1/15/26
18 Maroon Ave 4 6 3,346 $4,995,000 $4,995,000 $1,492 4/13/26
48 County Road 740 N/A N/A N/A $9,000,000 $9,000,000 Unknown 7/21/26
594 County Road 4 5 4 3,678 $5,250,000 $5,250,000 $1,427 5/1/25
615 Teocalli Ave N/A N/A 8,271 $5,500,000 $5,500,000 $664 10/20/25
81 Par Ln 4 4 3,925 $4,500,000 $4,500,000 $1,146 2/18/25
536 Journeys End Rd 5 6 5,450 $4,525,000 $4,525,000 $830 9/2/25
221 Maroon Ave 3 3 2,053 $4,375,000 $4,375,000 $2,131 10/1/25
288 Forest Ln 4 5 4,256 $4,000,000 $4,000,000 $939 12/15/25
193 Trent Jones Way 3 3 4,006 $3,890,000 $3,890,000 $971 9/19/25
624 Nicholson Lake Ridge Rd 3 3 2,675 $3,900,000 $3,900,000 $1,457 6/16/26
705 Ninth St 4 4 2,522 $3,650,000 $3,650,000 $1,447 8/22/25
77 Coyote Ridge Rd 4 6 4,223 $3,595,000 $3,595,000 $851 10/30/25
491 Slate River Dr 4 4 3,245 $3,300,000 $3,300,000 $1,016 1/16/26
810 Elk Ave 3 4 2,948 $3,300,000 $3,300,000 $1,119 10/30/25
325 Gothic Ave 3 3 2,560 $3,150,000 $3,150,000 $1,230 8/29/25
112 & 114 Second St 5 4 3,349 $3,200,000 $3,200,000 $955 2/18/25
138 E Silver Sage Dr 4 4 3,282 $3,195,000 $3,195,000 $973 7/15/26
622 Elk Ave 6 4 3,510 $3,200,000 $3,200,000 $911 3/3/25
Average: 3.4 3.2 2,225 $1,578,528 $1,473,788 $813
Viewing 1 - 25 of 223
Viewing 1 - 25 of 223
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