NOT LISTED FOR SALE

159 Snowmass Rd Crested Butte, CO 81225

Estimated Value: $3,216,334

3.23 Acres
$995,769 Price per Acre
140,699 Sq Ft Lot

Last Sold August 24, 2021

Last sale price $1,550,000

Est. 108% increase in value since last sale

Current estimated payment $18,290/month

Highlights

  • Ski Accessible
  • Mountain View
  • Open Space
  • Crested Butte Community School Rated A-
  • Cul-De-Sac
  • Level Lot

About This Lot

As of August 2021

Primo low density multifamily development opportunity in Mt Crested Butte on Snowmass Road and adjacent to the Villas community. 159 Snowmass Road formerly known as the Enclave at Andesite Point comprises 3.23 total acres. The original approved plans called for 15 upscale townhouse style properties in a five building configuration. Previously the site was approved for up to 40 condo units. Mt. Crested Butte LDMF zoning allows for 1 unit per 3,000 SFT of lot area. The proximity to the ski slopes and base area, the stunning panoramic and protected views of the Upper East River Valley, the historic town of Crested Butte and the surrounding peaks combined with a south facing orientation of the site make this opportunity a winner in today's fast moving market place.

Last Agent to Sell the Property

Channing Boucher

LIV Sotheby's International Realty - CB Listed on: 02/20/2021

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Channing Boucher

LIV Sotheby's International Realty - CB Listed on: 02/20/2021

LIV Sotheby's International Realty - CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,075

Lot Details

  • 3.23 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Chain Link Fence
  • Level Lot
  • Property is zoned Residential Multi Family

Property Views

  • Mountain
  • Valley

Schools

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

Community Details

  • Ski Accessible

Listing and Financial Details

  • Assessor Parcel Number 317726110020

Property Details

Property Type

Land

Est. Annual Taxes

$5,075

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 9300
  • Legal Lot Block: LOT E, SUNLIGHT RIDGE ESTATES
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 317726110020
  • Property Description: Cul-De-Sac, Adj To Open Space, Skier Access
  • Street Descriptionaccess: City/Town, Private Winter Maintenanc
  • Street Designation: Road
  • Zoning: Residential Multi Family, Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 3.23
  • Current Property Use: Dry Land
  • Em Deposit: 5%
  • Possible Property Use: Residential Single Family, Skier Access
  • Mineral Rights: Unknown
  • Price Acre: 743034.06
  • Topography: Level
  • Price per Sq Ft: 17.06
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 479876.16
  • Water Tap Available: Yes
  • Access: Year Round
  • Total Taxes Dollar: 5075
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Chain Link
  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Natural Gas
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Town Of Mt. Crested Butte

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

Tax Info

  • Tax Year: 2020

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

Closed on
Nov 2, 2022
Sold by
159 Snowmass Investor Llc
Bought by
159 Developers Llc
Current Estimated Value
$3,216,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$606,877
Interest Rate
6.36%

Purchase Details

Listed on
Feb 20, 2021
Closed on
Aug 24, 2021
Sold by
Anthony Thomas W and Anthony Family Revocable Livin
Bought by
159 Snowmass Investor Llc
Seller's Agent
Channing Boucher
LIV Sotheby's International Realty - CB
Buyer's Agent
Channing Boucher
LIV Sotheby's International Realty - CB
List Price
$2,400,000
Sold Price
$1,550,000
Premium/Discount to List
-$850,000
-35.42%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Anthony Thomas W
Bought by
The Anthony Family Revocable Living Trus

Purchase Details

Closed on
Oct 5, 2012
Sold by
Lsc Southwest Colorado Llc
Bought by
Anthony Thomas W

Purchase Details

Closed on
Aug 29, 2012
Sold by
Lsc Enclave Colorado Llc
Bought by
Lsc Southwest Colorado Llc

Purchase Details

Closed on
Dec 20, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Lsc Enclave Colorado Llc

Purchase Details

Closed on
Dec 30, 2010
Sold by
Enclave Partners Llc
Bought by
Community Banks Of Colorado

Purchase Details

Closed on
Mar 2, 2009
Sold by
Ap Partners Llc
Bought by
Enclave Partners Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Smith Arthur J and Mcelroy Daniel T
Bought by
Ap Partners Llc

Purchase Details

Closed on
Oct 30, 1999
Sold by
Smith Arthur J
Bought by
Mcelroy Daniel T

Purchase Details

Closed on
Mar 30, 1995
Source: Public Records

Range of Values:

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Average Value
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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
159 Developers Llc $12,832,000 --
159 Snowmass Investor Llc $1,550,000 Land Title Guarantee Company
The Anthony Family Revocable Living Trus -- None Available
Anthony Thomas W $242,500 Stewart Title Of Colorado
Lsc Southwest Colorado Llc -- None Available
Lsc Enclave Colorado Llc $210,000 None Available
Community Banks Of Colorado -- None Available
Enclave Partners Llc -- None Available
Ap Partners Llc $845,000 None Available
Mcelroy Daniel T $18,000 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 159 Developers Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $1,550,000 -35.4% --
05/19/2021 05/19/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $2,400,000 0.0% --
05/18/2021 05/18/21 Price Changed $2,400,000 +6.7% --
03/07/2021 03/07/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $2,250,000 -- --
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 $14,044 $590,820 $115,270 $475,550
2023 $12,011 $160,780 $112,690 $48,090
2022 $6,308 $72,210 $72,210 $0
2021 $5,541 $72,210 $72,210 $0
2020 $5,076 $64,440 $64,440 $0
2019 $4,980 $64,440 $64,440 $0
2018 $5,933 $73,430 $73,430 $0
2017 $5,951 $73,430 $73,430 $0
2016 $5,438 $70,330 $70,330 $0
2015 $9,808 $70,330 $70,330 $0
2014 $9,808 $122,370 $122,370 $0
Source: Public Records

Agents Affiliated with this Home

  • Channing Boucher

    Seller's Agent in 2021

    Channing Boucher

    LIV Sotheby's International Realty - CB

    (970) 596-3228

    197 Total Sales

    Channing Boucher
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778909

Colorado Real Estate Network (CREN)

APN: R005736

Colorado Gunnison County Crested Butte 81225

159 Snowmass Rd, Crested Butte, CO

This home is located at 159 Snowmass Rd, Crested Butte, CO 81225 since 20 February 2021 and is currently priced at $3,216,334. 159 Snowmass Rd is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Crested Butte Community School, and Gunnison Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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