Crested Butte, CO Homes for Sale

• 

  

  

  /25

  $649,000

  • Land
  • 1 Acre
  • $649,000 per Acre

  414 Meadow Dr, Crested Butte, CO 81224

  A gorgeous 1 acre parcel located at the top of coveted Meridian Lake Meadows, 414 Meadow Drive is the Crested Butte homesite opportunity you've been waiting for. This location features protected panoramic mountain views all around, all day solar gain and plenty of elbow room for your mountain home design/build project. Home plans are available for review. The ski resort and historic town of

  Channing Boucher LIV Sotheby's International Realty - CB

  414 Meadow Dr, Crested Butte, CO 81224
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  /20

  $295,000

  • Land
  • 0.15 Acre
  • $1,966,667 per Acre

  49 White Stallion Cir, Crested Butte, CO 81224

  Located on a spacious corner parcel adjacent to and across from open space, 49 White Stallion Circle is the perfect place to design and build your dream home in the mountains. With views spanning from Whetstone across Red Lady to Mt. Crested Butte, and walking distance to neighborhood amenities that include a park, stocked fishing ponds, and tennis/pickle ball courts, this level .15 acre building

  Jaima Giles-Alsum LIV Sotheby's International Realty - CB

  49 White Stallion Cir, Crested Butte, CO 81224
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  /13

  $299,000

  • Land
  • 0.5 Acre
  • $598,000 per Acre

  10 Huckeby Way, Crested Butte, CO 81224

  Wide open views from this over-sized home-site in the friendly neighborhood of Crested Butte South. This elevated building site enjoys views of the surrounding mountains as well as down valley. You can even see the peak of Crested Butte Mountain, too. With a southwest orientation you'll enjoy morning sun and the beautiful evening sunsets. Crested Butte South property owners enjoy a variety of

  Maggie Dethloff Bluebird Real Estate, LLC

  10 Huckeby Way, Crested Butte, CO 81224
• 

  

  

  /16

  $500,000

  • Land
  • 1.15 Acres
  • $433,276 per Acre

  248 Meadow Dr, Crested Butte, CO 81224

  Own your slice of Paradise in the beautiful neighborhood of Meridian Lake Meadows on over an acre of land, lot 24 perched up on top of the hill with stunning views of Whetstone and Mt. Crested Butte. Nestled in an Aspen Grove and access to amazing recreation out Washington Gulch for bike riding in the summer and snowshoeing in the winter. Truly a unique opportunity to build your Mountain Dream

  Shelley Albers RE/MAX Community Brokers - CB

  248 Meadow Dr, Crested Butte, CO 81224
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  /26

  $350,000

  • 1 Bed
  • 1 Bath
  • 633 Sq Ft

  60 Hunter Hill Rd Unit A-304, Crested Butte, CO 81225

  This condo is one of the only condos around that you can literally ski into! Located on the north side of the Timberline complex, this one bedroom, one bathroom condo has a private, ground level deck with a gate. Offered fully furnished, this is the perfect condo for your year round residence or a short term rental. The kitchen is well equipped and has a large peninsula with seating and tons of

  Jesse Ebner Signature Properties Ebner & Associates, LLC

  60 Hunter Hill Rd Unit A-304, Crested Butte, CO 81225
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  /32

  $498,000

  • Land
  • 1.54 Acres
  • $323,377 per Acre

  527 S Avion Dr, Crested Butte, CO 81224

  One of Buckhorn Ranch's finest private airstrip access homesites, 527 South Avion enjoys an excellent topography, 360 degree views, great solar gain and at 1.55 acres it is bigger than most giving you better design license. Zoning allows for a main residence and a detached hangar. Don't own a plane? The same zoning permits a detached garage, ADU or a guest house building. Airstrip property owners

  Channing Boucher LIV Sotheby's International Realty - CB

  527 S Avion Dr, Crested Butte, CO 81224
• 

  

  /39

  $1,950,000 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,608 Sq Ft

  180 Elk Valley Rd Unit 114, Crested Butte, CO 81224

  Luxurious mountain living in Buckhorn Ranch! Located just minutes from the town of Crested Butte, this exceptional 4-bedroom, 3.5-bathroom townhome blends upscale comfort with alpine serenity. Designed with both elegance and functionality in mind, this residence offers the ideal mountain lifestyle. Step inside to discover a classic design with modern elements, selected by local firm Covet Living

  Cassie Slentz LIV Sotheby's International Realty - CB

  180 Elk Valley Rd Unit 114, Crested Butte, CO 81224
• 

  

  /26

  $1,800,000 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,204 Sq Ft

  180 Elk Valley Rd Unit 116, Crested Butte, CO 81224

  Luxurious mountain living in Buckhorn Ranch! Located just minutes from the town of Crested Butte, this exceptional 3-bedroom, 2.5-bathroom townhome blends upscale comfort with alpine serenity. Designed with both elegance and functionality in mind, this residence offers the ideal mountain lifestyle. Step inside to discover a classic design with modern elements, selected by local firm Covet Living

  Cassie Slentz LIV Sotheby's International Realty - CB

  180 Elk Valley Rd Unit 116, Crested Butte, CO 81224
• 

  

  /21

  $398,000

  • Studio
  • 1 Bath
  • 402 Sq Ft

  11 Emmons Rd Unit 322, Crested Butte, CO 81225

  Own a condo in one of the most desirable locations at the base of the mountain! Just steps from the slopes and ready to move in. Offered furnished with a full kitchen, oversized covered balcony, ensuite washer/ dryer, in-floor heat throughout, onsite ski storage and hot tub, off-street parking plus low HOA dues. This charming property lives like a one-bedroom featuring a privacy wall that

  Meg Brethauer Crested Butte Resort Real Estate

  11 Emmons Rd Unit 322, Crested Butte, CO 81225
• 

  

  /16

  $475,000

  • 1 Bed
  • 1 Bath
  • 584 Sq Ft

  400 Gothic Rd Unit 103, Crested Butte, CO 81225

  Experience mountain living in this ground floor, fully furnished 1-bedroom condo at Wood Creek Lodge. With an updated kitchen, electric in-floor heating, and tiled shower, this move-in ready unit offers comfort and convenience. Located just steps from the lifts and a short distance from the bus stop, you'll have easy access to all that Mt. Crested Butte has to offer. Enjoy the beautifully located

  Letitia (Tisha) McElroy Swan Coldwell Banker Mountain Properties

  400 Gothic Rd Unit 103, Crested Butte, CO 81225
• 

  

  /20

  $2,782,000 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,412 Sq Ft

  500 Gothic Rd Unit 602, Crested Butte, CO 81224

  Perched on the top floor, Beckwith Residence 602 is a premier residence within The Beckwith’s exclusive ski-in, ski-out collection of to-be-built 49 residences. With an exterior northeast-facing orientation, this 1,412-square-foot Floresta floor plan offers an elevated perspective capturing a wide panorama of sky, trail, and alpine beauty. Views to the north and northeast include a dramatic wedge

  Bob Maiocco eXp Realty, LLC

  500 Gothic Rd Unit 602, Crested Butte, CO 81224
• 

  

  /21

  $219,000

  • Land
  • 0.34 Acre
  • $644,118 per Acre

  43 Anderson Dr, Crested Butte, CO 81224

  Bring your mountain home dreams to life on this vacant parcel located in Crested Butte South! With a gentle slope, scattered mature trees, and plenty of sunshine, this lot is ready for your vision. Situated in a growing neighborhood with a thriving commercial district just down the road, you’ll have coffee, dining, and community events right at your fingertips. Adding tremendous value by saving

  Betsy Wiebe LIV Sotheby's International Realty - CB

  43 Anderson Dr, Crested Butte, CO 81224
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  /6

  $954,000

  • Land
  • 0.75 Acre
  • $1,272,000 per Acre

  45-1 Hunter Hill Rd, Crested Butte, CO 81225

  Stunning views from this exclusive site. This is on the edge of town--nothing can be built in front. 360 degree view of Emmons, Red Lady, Gothic and Mt. Crested Butte. There will be only four Single Family "Estate" lots. In addition there will be two Duplex lots and two Triplex lots.

  James Watt Crested Butte Resort Real Estate

  45-1 Hunter Hill Rd, Crested Butte, CO 81225
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  /45

  $1,450,000 New Construction

  • 2 Beds
  • 2.5 Baths
  • 2,259 Sq Ft

  248 Anderson Dr, Crested Butte, CO 81224

  Introducing Alpenview, completed in December 2025. A rare opportunity to own two brand new townhomes that together create a private mountain retreat. Live in one and welcome extended family and friends in the second, giving everyone space, comfort, and privacy while staying connected. When not hosting, the second townhome offers excellent short term rental potential, adding flexibility and income

  Trevor Bona Bluebird Real Estate, LLC

  248 Anderson Dr, Crested Butte, CO 81224
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  /6

  $865,000

  • Land
  • 0.75 Acre
  • $1,153,333 per Acre

  45-5 Hunter Hill Rd, Crested Butte, CO 81225

  Stunning views from this exclusive site. This is on the edge of town--nothing can be built in front. 360 degree view of Emmons, Red Lady, Gothic and Mt. Crested Butte. This lot will be zoned for two units.

  James Watt Crested Butte Resort Real Estate

  45-5 Hunter Hill Rd, Crested Butte, CO 81225
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  /21

  $375,000

  • Land
  • 1.46 Acres
  • $256,849 per Acre

  333 S Avion Dr, Crested Butte, CO 81224

  *Motivated Seller* Build your high-country estate with airstrip access on this 1.46 acre Buckhorn Ranch parcel. Gently sloping from the street with an elevated rear portion affording views in all directions. Build you dream home on the front and your custom hanger with direct airstrip access on the rear. A seasonal stream/irrigation ditch runs through the property and provides a perfect natural

  David J. O'Brien Compass

  333 S Avion Dr, Crested Butte, CO 81224
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  /6

  $905,000

  • Land
  • 0.75 Acre
  • $1,206,667 per Acre

  45-8 Hunter Hill Rd, Crested Butte, CO 81225

  Stunning views from this exclusive site. This is on the edge of town--nothing can be built in front. 360 degree view of Emmons, Red Lady, Gothic and Mt. Crested Butte. This lot will be zoned for three units, one of which shall be a community housing unit. Seller will partially subsidize cost of construction of community housing unit. Amount to be negotiated.

  James Watt Crested Butte Resort Real Estate

  45-8 Hunter Hill Rd, Crested Butte, CO 81225
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  /45

  $575,000

  • Land
  • 1.2 Acres
  • $479,167 per Acre

  679 S Avion Dr, Crested Butte, CO 81224

  Build Your Dream Home in Crested Butte with Runway Access and Spectacular Mountain Views! The complementary design, provided by Purcell Timber Frame Homes, is intended to give you an idea of what might be possible. Your custom home construction services provided by Reiser Design Build. *Buyer is not obligated to build this home. Located in the heart of the Upper Gunnison Valley, this end 1.2-acre

  Trevor Bona Bluebird Real Estate, LLC

  679 S Avion Dr, Crested Butte, CO 81224
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  /40

  $4,600,000

  • 3 Beds
  • 5 Baths
  • 4,406 Sq Ft

  2 Peakview Dr, Crested Butte, CO 81225

  Views, Views, Views! Luxury & Location! Welcome to 2 Peakview Drive—an exceptional home set among the aspens on a rarely available 4.2-acre estate lot in the prestigious Overlook Subdivision. This thoughtfully designed property offers timeless mountain elegance, superb craftsmanship and panoramic views of Crested Butte. With over 4,400 square feet, the home features three luxurious bedrooms with

  Dalynn Trujillo Bluebird Real Estate, LLC

  2 Peakview Dr, Crested Butte, CO 81225
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  /12

  $209,000

  • Studio
  • 1 Bath
  • 391 Sq Ft

  6 Emmons Rd Unit 218, Crested Butte, CO 81225

  Welcome to Grand Lodge Unit 218. This turn-key mountain condo is ideally situated at the base of Mt. Crested Butte Resort. The unit comfortably sleeps four with a king-size bed and a king-size Murphy bed. It also features a sitting area and a convenient kitchenette, equipped with a mini-fridge, dishwasher, microwave, and cooktop. The HOA fees cover all utilities, a fitness center, an

  Danielle Herder LIV Sotheby's International Realty - CB

  6 Emmons Rd Unit 218, Crested Butte, CO 81225
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  /39

  $1,885,000

  • 2 Beds
  • 1 Bath
  • 1,196 Sq Ft

  418 Elk Ave, Crested Butte, CO 81224

  A six room residential property located in the center of Crested Butte on the nicest block of Elk Avenue. In recent years, this property has been commercially occupied by a quality women’s boutique and a fine art gallery. The interior provides two bedrooms, one bath, 12’x12’ kitchen area with separate dining room and a practical entry/gear room. The one-story, stand-alone dwelling has hardwood

  Sam Lumb LIV Sotheby's International Realty - CB

  418 Elk Ave, Crested Butte, CO 81224
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  /20

  $2,617,000 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,397 Sq Ft

  500 Gothic Rd Unit 435, Crested Butte, CO 81224

  Beckwith Residence 435 is a premier two-bedroom residence within The Beckwith’s exclusive ski-in, ski-out collection of 49 to-be-built homes. With an exterior northeast-facing orientation, this Hancock floor plan spans 1,397 square feet and offers a rare, elevated perspective capturing a wide panorama of sky, trail, and alpine beauty. Views to the north and northeast include a dramatic wedge view

  Bob Maiocco eXp Realty, LLC

  500 Gothic Rd Unit 435, Crested Butte, CO 81224
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  /34

  $319,000

  • Land
  • 0.33 Acre
  • $966,667 per Acre

  462 Anderson Dr, Crested Butte, CO 81224

  462 Anderson Drive in Crested Butte South offers an exceptional opportunity to build your dream home. Located on a quiet cul de sac and adjacent to open space along the back property line insures that unencumbered views are yours forever. Seasonal water borders the southern property line and with .33 acres of gently sloping land, this property offers the perfect canvas for building a custom home

  Maggie Dethloff Bluebird Real Estate, LLC

  462 Anderson Dr, Crested Butte, CO 81224
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  /18

  $229,000

  • Land
  • 0.32 Acre
  • $715,625 per Acre

  684 Zeligman St, Crested Butte, CO 81224

  Discover this incredible opportunity to create your own mountain retreat on a private yet conveniently located parcel in the desirable Crested Butte South community. Tucked away in a quiet corner of the neighborhood, with plenty of trees throughout the lot, this gently sloped lot offers seclusion, easy access to nearby amenities, and stunning views! Crested Butte South is one of the valley’s

  Kiley Flint LIV Sotheby's International Realty - CB

  684 Zeligman St, Crested Butte, CO 81224
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  /45

  $2,875,000

  • 5 Beds
  • 4 Baths
  • 3,719 Sq Ft

  1250 County Road 734, Crested Butte, CO 81224

  This is a very rare opportunity to own a larger parcel of land with a main residence and an accessory residence with no HOA and stunning views of the entire Crested Butte and Slate River valley. The 10.35 acres hillside setting overlooks open space, Peanut Lake, Mt. Whetstone, Mt. Emmons and the Oh-Be-Joyful recreation area. Enjoy southern and western exposure with windows from the floor to the

  Joel Vosburg Bluebird Real Estate, LLC

  1250 County Road 734, Crested Butte, CO 81224
• 

  

  /18

  $1,515,000 New Construction

  • 1 Bed
  • 1.5 Baths
  • 907 Sq Ft

  500 Gothic Rd Unit 437, Crested Butte, CO 81224

  To-be-built Beckwith Residence 437 of the Irwin floor plan spans 907 square feet and features one bedroom, one bathroom, a powder room, and two private balconies that open to pool courtyard views below. This residence is located just steps from the elevator for easy access. Positioned to capture afternoon light, this residence features beautiful balconies overlooking the resort’s hot tub and

  Bob Maiocco eXp Realty, LLC

  500 Gothic Rd Unit 437, Crested Butte, CO 81224
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  /37

  $855,000

  • Land
  • 0.14 Acre
  • $6,107,143 per Acre

  422 Belleview Ave, Crested Butte, CO 81224

  This is an exceptional opportunity to acquire one of the few remaining vacant commercial lots in the picturesque town of Crested Butte, a location known for its stunning natural beauty and vibrant community. This specific parcel spans 0.14 acres and is zoned for commercial and mixed-use purposes, strategically situated just behind Clark's Market and only three blocks from the bustling Elk Avenue,

  Joe Garcia Coldwell Banker Mountain Properties

  422 Belleview Ave, Crested Butte, CO 81224
• 

  

  /20

  $2,739,000 New Construction

  • 2 Beds
  • 2.5 Baths
  • 1,415 Sq Ft

  500 Gothic Rd Unit 531, Crested Butte, CO 81224

  Elevated alpine living with standout views, smart functionality, and abundant natural light. To-be-built Beckwith Residence 531, part of the sought-after Tincup floor plan, offers 1,415 square feet of thoughtfully designed space, including two bedrooms including a flexible lockoff suite, and two-and-a-half bathrooms— all set against a backdrop of stunning valley and mountain views. Positioned

  Bob Maiocco eXp Realty, LLC

  500 Gothic Rd Unit 531, Crested Butte, CO 81224
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  /6

  $875,000

  • Land
  • 0.75 Acre
  • $1,166,667 per Acre

  45-7 Hunter Hill Rd, Crested Butte, CO 81225

  Stunning views from this exclusive site. This is on the edge of town--nothing can be built in front. 360 degree view of Emmons, Red Lady, Gothic and Mt. Crested Butte. This lot will be zoned for three units, two of which shall be community housing units. Seller will partially subsidize cost of construction of community housing units. Amount to be negotiated.

  James Watt Crested Butte Resort Real Estate

  45-7 Hunter Hill Rd, Crested Butte, CO 81225
• 

  

  /20

  $350,000

  • Land
  • 1.06 Acres
  • $330,189 per Acre

  116 Meadow Dr, Crested Butte, CO 81224

  PRICED TO SELL. This spacious homesite located in the beautiful neighborhood of Meridian Lake Meadows offers incredible views to Mt. Crested Butte, Whetstone, Axtel and Mt. Emmons. The entire area has easy access to Long Lake as well as numerous hiking, biking, snowmobiling and skiing trails. This neighborhood is tucked away from the Mt. Crested Butte base area yet is only minutes away from

  Cindy Ervin Crested Butte Resort Real Estate

  116 Meadow Dr, Crested Butte, CO 81224
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  /21

  $450,000

  • Land
  • 0.5 Acre
  • $900,000 per Acre

  136 N Avion Dr, Crested Butte, CO 81224

  Rare commercial parcel with runway access in Buckhorn Ranch. Lot C-3 is a one-of-a-kind opportunity in Buckhorn Ranch, offering one of the only commercial-designated parcels that also allows for residential use. This flat, easily buildable lot allows for efficient construction and design flexibility, making it an ideal canvas for a buyer with vision. With a direct easement to the runway, this

  Jesse Ebner Signature Properties Ebner & Associates, LLC

  136 N Avion Dr, Crested Butte, CO 81224
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  /44

  $3,900,000

  • 3 Beds
  • 2.5 Baths
  • 2,675 Sq Ft

  624 Nicholson Lake Ridge Rd, Crested Butte, CO 81224

  Wow! What an incredible setting at Alpine Meadows just outside Crested Butte. This almost 2.2 acre perch enjoys solar gain, captivating views of Nicholson Lake and iconic Mt. Crested Butte to the east. The property borders over 70 acres of protected Crested Butte Land Trust land. Designed and built by Crested Butte's SmithWorks Natural Homes, the mountain home enjoys impressive energy efficiency

  Channing Boucher LIV Sotheby's International Realty - CB

  624 Nicholson Lake Ridge Rd, Crested Butte, CO 81224
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  /26

  $1,795,000

  • 4 Beds
  • 3 Baths
  • 2,289 Sq Ft

  67 Paradise Rd, Crested Butte, CO 81225

  Full of natural light, mountain views, and classic character, 67 Paradise Road offers abundant living space ready for a fresh vision. This 4+ bedroom, 3 bath home holds the nostalgic ski-town charm that made Crested Butte what it is today. The location provides easy access to the resort — roll out the door and be on the mountain in minutes with First Tracks shuttle service. Inside the 2,289

  Gary Huresky LIV Sotheby's International Realty - CB

  67 Paradise Rd, Crested Butte, CO 81225
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  /39

  $875,000

  • Land
  • 1.14 Acres
  • $768,893 per Acre

  402 Eagle Ln, Crested Butte, CO 81224

  This sites has a long border with the Robert Trent Jones golf course at the 9th tee box. Enjoy the luxury of living in Skyland. Stunning panoramic views from this large site on a private cut-de-sac. Bordering the golf course. Situate your custom home to encompass the views of Crested Butte Mountain, Paradise Divide, Whetstone and Red Lady. Capture the sunlight and solar gain. The gentle slope

  Regina Masters Coldwell Banker Mountain Properties

  402 Eagle Ln, Crested Butte, CO 81224
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  /36

  $699,000

  • 2 Beds
  • 1 Bath
  • 791 Sq Ft

  755 Gothic Rd Unit 2, Crested Butte, CO 81225

  Ski Jump Getaway is a fully updated, mountain-modern 2-bedroom, 1-bath condo in Mt. Crested Butte, perfectly positioned for year-round adventure and effortless ownership. This highly desirable Crested Butte real estate opportunity has been upgraded from top to bottom, making it a true turnkey mountain retreat and an excellent primary residence, second home, or short-term rental. Recent

  Candace Coen Colorado Legacy Properties

  755 Gothic Rd Unit 2, Crested Butte, CO 81225
• 

  

  /21

  $349,000

  • Studio
  • 1 Bath
  • 568 Sq Ft

  350 Country Club Dr Unit 402A, Crested Butte, CO 81224

  Welcome to Skyland Lodge #402 A — a charming top-floor studio condo offering comfort, convenience, and stunning mountain views. Nestled on the fourth floor of The Skyland Lodge, this cozy retreat is just a short drive from the heart of Crested Butte, providing the perfect balance between quiet seclusion and easy access to town. Step out onto your private, west-facing balcony and take in the

  Maggie Dethloff Bluebird Real Estate, LLC

  350 Country Club Dr Unit 402A, Crested Butte, CO 81224
• 

  

  /6

  $925,000

  • Land
  • 0.75 Acre
  • $1,233,333 per Acre

  45-3 Hunter Hill Rd, Crested Butte, CO 81225

  Stunning views from this exclusive site. This is on the edge of town--nothing can be built in front. 360 degree view of Emmons, Red Lady, Gothic and Mt. Crested Butte. There will be only four Single Family "Estate" lots. In addition there will be two Duplex lots and two Triplex lots.

  James Watt Crested Butte Resort Real Estate

  45-3 Hunter Hill Rd, Crested Butte, CO 81225
• 

  

  /30

  $599,000

  • Land
  • 0.42 Acre
  • $1,426,190 per Acre

  618 Country Club Dr, Crested Butte, CO 81224

  Wake up to stunning views of Whetstone Mountain and Red Lady from this exceptional lot on the coveted "Back 9" of The Club at Crested Butte golf course in Skyland. Located on a quiet cul-de-sac, the lot also features a direct view of Crested Butte from the primary bedroom and backyard. This peaceful setting is surrounded by wildflowers and located just steps from the Divine Trail, where miles of

  Dawn Howe Keller Williams Colorado West Realty

  618 Country Club Dr, Crested Butte, CO 81224
• 

  

  /26

  $2,850,000 New Construction

  • 4 Beds
  • 3.5 Baths
  • 2,832 Sq Ft

  155 Snowmass Rd, Crested Butte, CO 81225

  Welcome to The Peaks at Snowmass Mt. Crested Butte's first new neighborhood in 18 years! This location is special. Stunning and private. Each south-facing home features horizon-to-horizon mountain and valley views from every window. There isn't a bad seat in the house! Skiers in the family will find the Silver Queen ski lift & base area amenities are just a short walk away, so no need to drive.

  Channing Boucher LIV Sotheby's International Realty - CB

  155 Snowmass Rd, Crested Butte, CO 81225
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  /33

  $600,000

  • Land
  • 0.78 Acre
  • $769,231 per Acre

  41 Whetstone Rd, Crested Butte, CO 81225

  Nestled in the heart of Mount Crested Butte, this premium and rare parcel offers a special opportunity for those looking to build their very own custom mountain home. Whether envisioning a traditional mountain design or something a bit more modern, this buildable parcel awaits for you to embrace true mountain living in the Rocky Mountains. An approx. 0.78 acres, 41 Whetstone has a generous

  Jenna May Bluebird Real Estate, LLC

  41 Whetstone Rd, Crested Butte, CO 81225

Showing Results 161 - 200, Page 5 of 6