NOT LISTED FOR SALE

123 Elk Ave Unit 3, 4, 5 Crested Butte, CO 81224

Estimated Value: $1,562,000 - $2,360,084

4 Beds
3.5 Baths
3,464 Sq Ft
$1,822/mo HOA Fee

Last Sold June 27, 2023

Last sale price $2,450,000 $707 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $13,050/month

33 Days on Market

Highlights

  • Home Theater
  • Mountain View
  • Deck
  • Crested Butte Community School Rated A-
  • Fireplace in Bedroom
  • 3-minute walk to Totem Pole Park

About This Home

As of June 2023

Experience the pinnacle of luxury living in this breathtaking modern mountain penthouse located in the highly sought-after Green Drake building. With over 3,400 total square feet, this magnificent residence boasts 4 spacious bedrooms, 4 lavish bathrooms, and a large private office - all impeccably designed to the highest standards. Crafted by some of the best in the business, Hargrove and Kidd Construction, the stunning interior finish work by Thurston Kitchen and Bath, and the architectural design by Andrew Hadley are a true testament to the exceptional quality of this property. The open floor plan on the top floor is perfect for entertaining and features gorgeous wood floors and ceilings, a gourmet kitchen with Dacor appliances and quartz countertops, built-in coffee bar, large center island, and a dining room with a custom-built buffet. The living room is adorned with a modern fireplace, floor-to-ceiling stacked stone accents, and ample natural light. There are also four bedrooms, two master suites with gas fireplaces and two bedrooms with a shared bath and a lovely balcony with views in every direction. Downstairs, you will find a large fully wired private office with room for a conference table and work stations and a separate bathroom-which all could be rented separately for income. There is also a second office space/storage room that could be a rental option as well. The highlight of the second floor is the 588 sf deck with incredible mountain views. Both floors of the penthouse are ADA accessible with an elevator and level floor plan with wide doors and easy to maneuver flooring. Live in the lap of luxury in the heart of downtown Crested Butte - this property is truly one of a kind and must be seen to be believed. Don't miss your chance to experience the ultimate in sophisticated mountain living.

Last Listed By

Jesse Ebner

Signature Properties Ebner & Associates, LLC Listed on: 05/01/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,086

Year Built

  • Built in 2017

HOA Fees

  • $1,822 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Permanent Foundation
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • Partially Furnished
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Theater
  • Game Room
  • Mountain Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 325503135035

Community Details

Overview

  • Association fees include building maintenance, insurance, landscaping, trash, water, snow removal, management, parking, common area taxes
  • Green Drake Condominium Assoc. HOA

Pet Policy

  • Dogs Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,086

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,822 per month

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan, Oven-Wall
  • Class: RESIDENTIAL
  • Em Deposit: 5%
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, Balcony
  • Fronts: Elk Avenue
  • Interior Inclusions: Window Coverings, W/D Hookup, Walk In Closet, Elevator, Fire Sprinklers, Game Room, Media Room
  • Legal Lot Block: Units 3, 4, and 5 Green Drake Condominiums, Crested Butte
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 325503135035
  • Price Per Sq Ft: 707.27
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Realist Id: 325503135035
  • Residence Stories: One Story
  • Residence Style: Ranch, 3307
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 707.27
  • Street Descriptionaccess: City/Town, Paved, Public Winter Maintenance
  • Street Designation: Avenue
  • Tax Account Id: R072494
  • Zoning: Live/Work, Mixed-Use
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 14,086
  • Year Built: 2017
  • Foreign Owned Y N: No
  • Prop Description Remarks: Experience the pinnacle of luxury living in this breathtaking modern mountain penthouse located in the highly sought-after Green Drake building. With over 3,400 total square feet, this magnificent residence boasts 4 spacious bedrooms, 4 lavish bathrooms, and a large private office - all impeccably designed to the highest standards. Crafted by some of the best in the business, Hargrove and Kidd Construction, the stunning interior finish work by Thurston Kitchen and Bath, and the architectural design by Andrew Hadley are a true testament to the exceptional quality of this property. The open floor plan on the top floor is perfect for entertaining and features gorgeous wood floors and ceilings, a gourmet kitchen with Dacor appliances and quartz countertops, built-in coffee bar, large center island, and a dining room with a custom-built buffet. The living room is adorned with a modern fireplace, floor-to-ceiling stacked stone accents, and ample natural light. There are also four bedrooms, two master suites with gas fireplaces and two bedrooms with a shared bath and a lovely balcony with views in every direction. Downstairs, you will find a large fully wired private office with room for a conference table and work stations and a separate bathroom-which all could be rented separately for income. There is also a second office space/storage room that could be a rental option as well. The highlight of the second floor is the 588 sf deck with incredible mountain views. Both floors of the penthouse are ADA accessible with an elevator and level floor plan with wide doors and easy to maneuver flooring. Live in the lap of luxury in the heart of downtown Crested Butte - this property is truly one of a kind and must be seen to be believed. Don't miss your chance to experience the ultimate in sophisticated mountain living.
  • Unit Suite Number: 3, 4, 5
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 3464
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Fireplace Location Type: Bedroom, Living Room
  • Foundation: Permanent
  • Lower Level Sq Ft: 668
  • Main Level Sq Ft: 2370
  • Master Bedroom Level: Main Level

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Roof: Membrane
  • Views: Mountains

Utilities

  • Utilities: Electric, Natural Gas, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Floor Radiant, Fireplace
  • Sewer Supplier: Town of Crested Butte
  • Water Heater: Gas Water Heater
  • Water Supplier: Town of Crested Butte

Condo/Co-op/Association

  • Condo Townhome Complex: Other
  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Trash, Water, Snow Removal, Management, Parking, Common Area Taxes
  • Hoametro Fees: 1,821.99
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Green Drake Condominium Assoc.

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $2,450,000 -5.8% $707 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $2,600,000 -- $751 / Sq Ft
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 $9,027 $131,750 $0 $131,750
2023 $9,027 $128,060 $0 $128,060
2022 $4,311 $55,000 $0 $55,000
2021 $3,904 $56,580 $0 $56,580
2020 $4,507 $65,940 $0 $65,940
2019 $4,416 $65,940 $0 $65,940
2018 $1,858 $26,800 $8,710 $18,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 802879

Colorado Real Estate Network (CREN)

APN: 325503135035