NOT LISTED FOR SALE

1008 Red Mountain Ranch Upper Loop Crested Butte, CO 81224

Estimated Value: $1,135,182

35 Acres
$32,434 Price per Acre
1,524,600 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $937,500

Est. 21% increase in value since last sale

Current estimated payment $7,751/month

11 Days on Market

Highlights

  • 35 Acre Lot
  • Creek or Stream View
  • Wooded Lot

About This Lot

As of March 2021

The Developers retained this lot for themselves originally and then ended up selling it in 2007 for $1.7 million. It can be said that this parcel is Arguably the best lot in Red Mtn Ranch. This lot has it all - panoramic views up and down the valley while towering pines and aspens provide unsurpassed seclusion. Spectacular 35 acre parcel located in the coveted Red Mountain Ranch Subdivision. The Red Mountain Ranch neighborhood is located roughly halfway between Crested Butte and Gunnison, making it an easy commute to either end of the valley. This gated luxury community consists of 60 35+ acre parcels with extra wide roads maintained year round by an active homeowner’s association for both year round and part time residents. The views from this parcel are literally stunning. Additionally, the beautiful aspen and pine tree groves provide the seclusion and peace. This area is popular with wildlife, and it isn’t surprising to see elk, deer, and other animals on a near daily basis. Well and 1,800 ft driveway already in place so you are ready to build.

Last Agent to Sell the Property

Joe Garcia

Coldwell Banker Mountain Properties Listed on: 01/21/2021

Coldwell Banker Mountain Properties

Last Buyer's Agent

Nikki Pulitzer

LIV Sotheby's International Realty - CB

LIV Sotheby's International Realty - CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,536

Lot Details

  • 35 Acre Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Schools

  • Crested Butte Community K-12 Elementary And Middle School
  • Crested Butte Community K-12 High School

Utilities

  • Propane
  • Well
  • Septic System
  • Phone Available

Community Details

  • Association fees include road maintenance
  • Red Mountain Ranch HOA

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 325700002028

Property Details

Property Type

Land

Est. Annual Taxes

$11,536

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: LOT 28 RED MOUNTAIN RANCH SUBD
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 325700002028
  • Property Description: Wooded Lot
  • Street Descriptionaccess: Private, Private Winter Maintenanc
  • Street Designation: Loop
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Sewer: Septic
  • Domestic Water: Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35
  • Current Property Use: Residential Single Family
  • Em Deposit: 50,000.00
  • Possible Property Use: Residential Single Family
  • Irrigation Systemrights: Well
  • Mineral Rights: Unknown
  • Topography: Sloped
  • Price per Sq Ft: 0.66
  • Sold Priceacre: 26785.71
  • Access: Year Round
  • HOA Fees: Yes
  • Total Taxes Dollar: 11,536.27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley, Stream/River

Utilities

  • Utilities: Electricity Near, Phone Near, Propane Required
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well
  • Water Well: Yes

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 3000.00
  • Hoa Name: Red Mountain Ranch HOA

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 31, 2021
Sold by
Garcia Erin Skerritt and Plotkin Charles
Bought by
Bennett Allen Rick
Seller's Agent
Joe Garcia
Coldwell Banker Mountain Properties
Buyer's Agent
Nikki Pulitzer
LIV Sotheby's International Realty - CB
List Price
$1,000,000
Sold Price
$937,500
Premium/Discount to List
-$62,500
-6.25%
Current Estimated Value
$1,135,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,682
Avg. Annual Appreciation
4.13%
Original Mortgage
$656,250
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2020
Sold by
Garcia Randy and Garcia Erin Skerritt
Bought by
Garcia Erin Skerritt

Purchase Details

Closed on
Dec 24, 2018
Sold by
Mtbutte Llc
Bought by
Garcia Randy and Garcia Erin Skerritt

Purchase Details

Closed on
Mar 31, 2008
Sold by
Crouch Kenneth W and Crouch Susan Carol
Bought by
Mtbutte Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Dow David John Dennis
Bought by
Crouch Kenneth W and Crouch Susan Carol

Purchase Details

Closed on
Feb 14, 2001
Sold by
Lacy & Dow Llc
Bought by
Dow David John Dennis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bennett Allen Rick $937,500 Land Title Guarantee Co
Garcia Erin Skerritt -- None Available
Garcia Randy $525,000 Land Title Guarantee Co
Mtbutte Llc -- None Available
Crouch Kenneth W $1,700,000 None Available
Dow David John Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bennett Allen Rick $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $937,500 -6.3% --
02/01/2021 02/01/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,000,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,426 $304,220 $304,220 $0
2023 $18,426 $304,220 $304,220 $0
2022 $12,367 $181,830 $181,830 $0
2021 $10,658 $181,830 $181,830 $0
2020 $11,803 $203,580 $203,580 $0
2019 $11,536 $203,580 $203,580 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Garcia

    Seller's Agent in 2021

    Joe Garcia

    Coldwell Banker Mountain Properties

    (970) 209-4034

    81 Total Sales

    Joe Garcia
    Section Image
  • Nikki Pulitzer

    Buyer's Agent in 2021

    Nikki Pulitzer

    LIV Sotheby's International Realty - CB

    (970) 209-9004

    68 Total Sales

    Nikki Pulitzer
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778026

Colorado Real Estate Network (CREN)

APN: R032391

Colorado Gunnison County Crested Butte 81224

1008 Red Mountain Ranch Upper Loop, Crested Butte, CO

Not Listed for Sale

Lots

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