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Mount Crested Butte

Mount Crested Butte

Located in Gunnison County

$1,028,095 Average Value
$850 Average Price per Sq Ft
9 Homes For Sale

How Mount Crested Butte stays lively in every season

Nestled in the towering Elk Mountains, Mount Crested Butte is known as Colorado’s Last Great Ski Town for good reason. This thriving alpine town stays busy throughout the winter as people ski and snowboard down its peaks and use the area as a launching point to explore more of the Southern Rockies. The community keeps the energy up in summer, even after the snow melts. Despite its high elevation, long winters and seasonal culture, Mount Crested Butte stays connected to nearby towns and offers modern services that make year-round mountain living feasible. Residential areas near Crested Butte Mountain Resort have quick access to all the action, while neighborhoods farther from the ski base balance convenience with increased privacy.

Winter sports and summer trails draw crowds to the mountain year-round

Life revolves around Crested Butte Mountain Resort. It’s busiest during the winter, with skiers, snowboarders and snowshoers zipping up and down the mountain all day long. There are over 160 trails for beginner and expert skiers to explore, plus multiple terrain parks and tubing hills. The resort’s second tourist season is in the summer, when ski paths become mountain biking, hiking and horseback riding trails. Use the chairlifts to reach the mountain’s peaks or make the ascent and descent yourself. People also enjoy picnicking, fishing and wildflower viewing around the resort.

Explore million-dollar mountain homes and ski-in/ski-out condos

Most homes in Mount Crested Butte are second homes, vacation properties or short-term rentals near the ski base. Ski-in/ski-out condo communities, alpine-style townhouses and log cabin vacation homes are very common around the resort. Owning or renting here means you can hit the slopes easily, but expect all-day noise from lift operations, snowcats, snowmaking machines and foot traffic. Neighborhoods farther from the base tend to have more full-time residents, as there’s more privacy and less noise, even during the heavy tourist seasons. You’ll find larger lots and custom homes with unique design elements, from ultra-modern lines and floor-to-ceiling windows to Scandinavian half-timbering and A-frame shapes.

In general, properties can cost between $1 million and $3 million. Some single-family homes even reach over $5 million. Condos are the only exception, as many options can range between the upper $100,000s and the upper $800,000s, and into the millions, depending on their location, size and amenities.

Why buyers should review HOA fees, services and rental policies

“Every condo development and neighborhood has an HOA, and the dues are very expensive,” says Melanie Macartney, Realtor with Signature Properties Ebner & Associates. “Homeowners really need to look into them with their realtors to make sure those costs fit into their lifestyle and budget.” Living under an HOA can be restrictive, but it also comes with many benefits. Typical services include:

  • Snow removal, especially after big storms
  • Exterior maintenance and roof care for single-family homes
  • Building upkeep and private parking for condo communities
  • Some everyday utilities, like water, trash pickup or internet
HOAs can also impact the ability to have short-term rentals. In general, “anybody can get a license to do short-term rentals if they go through the town’s full application process,” Macartney says. There is no limit on the number of short-term rental licenses you can hold, and there are no formal zoning restrictions. However, buyers should keep in mind that some HOAs prohibit short-term rentals entirely.

Connections to Crested Butte make daily errands and commuting easy

At first glance, the community can look secluded, but it is very well-connected. Drivers are 5 minutes from Crested Butte, which has the closest boutiques, restaurants, grocery stores and schools. There’s also a free shuttle that connects Mount Crested Butte’s neighborhoods with the ski base and Crested Butte, so you don’t have to drive if you don’t want to.

When it comes to jobs, Macartney says working looks different for everyone. "Our job pool is pretty small, so if people aren’t working remotely, they’re traveling far out,” she says. Most local jobs are seasonal and tied to the ski resort, so people often make the commute to Gunnison.

How full-time residents handle long winters

Unsurprisingly, Mount Crested Butte gets its fair share of snow. Winters are long, and at nearly 9,500 feet of elevation, temperatures can be frigid, creating icy roads. But Macartney says locals know how to deal with it. “If we get a big storm, people might get a little snowed in, but having a four-wheel drive usually keeps you from getting stuck,” she says. “The county is really good about plowing the big roads, and each HOA does snow removal in the neighborhoods.”

Reliable utilities and fast internet are available throughout town

Everyday utilities are widely available. For example:

  • The Mount Crested Butte Water & Sanitation District provides municipal water and wastewater services.
  • Most homes rely on natural gas rather than propane.
  • Waste Management of Colorado offers weekly trash pickup and biweekly recycling.
  • Most people have Spectrum cable internet, but wireless and satellite options are also popular.
Macartney says broadband coverage is highly reliable despite the high altitude. “Mount Crested Butte has faster internet than most mountain towns or big cities around here,” she says.

Isabel Butler
Written By
Isabel Butler

Interested in learning more about homes in this area? Reach out to Melanie Macartney, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Area Facts

Number of Homes
657
Number of Homes for Sale
9
Median Year Built
1993
Months of Supply
7.70
Average Single Family Home Size Sq Ft
3,456
Significantly above the national average
1,931
Average Townhouse Size Sq Ft
1,713
Average 2 Bedroom Size Sq Ft
928
Average 1 Bedroom Size Sq Ft
550
Average Studio Size Sq Ft
416
Median Lot Size Sq Ft
19,602

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Mount Crested Butte Has More Owners

Demographics

Total Population
539
Median Age
42
Population under 18
18.4%
Below the national average
23.8%
Population over 65
14.5%
On par with the national average
19.1%

Finances

Median Household Income
$86,029
Above the national average
$79,601
Average Household Income
$122,342

Education and Workforce

High School Graduates
100%
College Graduates
66.9%
Significantly above the national average
34.1%
Advanced Degrees
14.8%
% Population in Labor Force
78.9%
Above the national average
64.9%

Weather

Annual Precipitation
24''
Average Winter Low Temperature
10°F
Average Summer High Temperature
75°F
Annual Snowfall
49''

Area Factors

Very friendly

Bike Score®®

80 / 100

Not friendly

Walk Score®®

0 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Mount Crested Butte
Melanie Macartney
Signature Properties Ebner & Associates, LLC
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