$676,000
SOLD MAY 27, 2025

2 Elcho Ave Unit 11 Crested Butte, CO 81224

3 Beds
2.5 Baths
1,562 Sq Ft
$894/mo HOA Fee

Recently Sold

$433 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Formal Dining Room
  • Crested Butte Community School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of May 2025

Welcome to Unit 11 at Waterfall Creek Condominiums, a mountain retreat in the heart of Crested Butte South. This spacious and thoughtfully designed 3-bedroom, 2.5-bath condo with a loft and an oversized 2-car garage offers the perfect blend of comfort, convenience, and adventure. Upon entry, you are welcomed by a generous foyer leading to a dedicated laundry area and direct access to the garage—ideal for unloading after a day on the trails or slopes. The primary suite, also located on this lower level, is a peaceful sanctuary complete with a private bath and a walk-in closet. Ascending to the second floor, you’ll discover two additional bedrooms that share a well-appointed Jack & Jill bathroom. The heart of the home is the open-concept living area, where vaulted ceilings and expansive windows create a bright and airy space. A floor-to-ceiling fireplace serves as the focal point, flanked by sliding glass doors that open onto a covered deck—perfect for soaking in breathtaking mountain views. For added versatility, the loft area, accessed by a set of stairs, provides that much-needed bonus space every mountain home craves. Whether used as a guest retreat, home office, or game room, this flexible space adapts to your lifestyle. Located just six miles from the historic town of Crested Butte, CB South offers a unique blend of convenience and outdoor adventure. This vibrant neighborhood is on the free RTA bus route and features a growing business districtwith restaurants, a brew house, a liquor store, a garden center, and more. Outdoor enthusiasts will love the easy access to miles of hiking, biking, and cross-country trails along Cement Creek Road. Year-round recreation abounds with a playground, park, ice skating rink, groomed cross-country ski trails in winter, and tennis courts and a ball field during the summer months. A true mountain haven, Unit 11 at Waterfall Creek Condominiums is a place to make lasting memories—whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity. Come experience the magic of Crested Butte South—your adventure starts here.

Last Agent to Sell the Property

Maggie Dethloff

Bluebird Real Estate, LLC Listed on: 04/01/2025

Last Buyer's Agent

Jenna May

Bluebird Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1979

HOA Fees

  • $894 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Permanent Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,562 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include building maintenance, landscaping, sewer, trash, water, management, parking, road maintenance, common area taxes
  • Cement Creek Condo Association
  • Cement Creek Condos Waterfall Condos
  • Crested Butte South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 325727217025

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,081

Year Built

Built in 1979

Lot Details

0

HOA Fees

$894 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Class: RESIDENTIAL
  • Em Deposit: 30,000
  • Em Holder: Title Company
  • Interior Inclusions: Window Coverings, Part Furnished, W/D Hookup, Vaulted Ceiling, Walk In Closet, Garage Door Opener
  • Legal Lot Block: UNIT 11, WATERFALL CREEK BLDG, CEMENT CREEK CONDOMINIUMS, CRESTED BUTTE SOUTH
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 325727217025
  • Price Per Sq Ft: 432.78
  • Real Estate Included: Yes
  • Realist Id: 325727217025
  • Residence Stories: Two Story, Loft
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 432.78
  • Street Descriptionaccess: Private, Paved, Private Winter Maintenanc
  • Street Designation: Avenue
  • Tax Account Id: R024711
  • Type: Condo
  • Access: Year Round
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 3081.36
  • Year Built: 1979
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to Unit 11 at Waterfall Creek Condominiums, a mountain retreat in the heart of Crested Butte South. This spacious and thoughtfully designed 3-bedroom, 2.5-bath condo with a loft and an oversized 2-car garage offers the perfect blend of comfort, convenience, and adventure. Upon entry, you are welcomed by a generous foyer leading to a dedicated laundry area and direct access to the garage—ideal for unloading after a day on the trails or slopes. The primary suite, also located on this lower level, is a peaceful sanctuary complete with a private bath and a walk-in closet. Ascending to the second floor, you’ll discover two additional bedrooms that share a well-appointed Jack & Jill bathroom. The heart of the home is the open-concept living area, where vaulted ceilings and expansive windows create a bright and airy space. A floor-to-ceiling fireplace serves as the focal point, flanked by sliding glass doors that open onto a covered deck—perfect for soaking in breathtaking mountain views. For added versatility, the loft area, accessed by a set of stairs, provides that much-needed bonus space every mountain home craves. Whether used as a guest retreat, home office, or game room, this flexible space adapts to your lifestyle. Located just six miles from the historic town of Crested Butte, CB South offers a unique blend of convenience and outdoor adventure. This vibrant neighborhood is on the free RTA bus route and features a growing business districtwith restaurants, a brew house, a liquor store, a garden center, and more. Outdoor enthusiasts will love the easy access to miles of hiking, biking, and cross-country trails along Cement Creek Road. Year-round recreation abounds with a playground, park, ice skating rink, groomed cross-country ski trails in winter, and tennis courts and a ball field during the summer months. A true mountain haven, Unit 11 at Waterfall Creek Condominiums is a place to make lasting memories—whether you're seeking a full-time residence, a vacation getaway, or an investment opportunity. Come experience the magic of Crested Butte South—your adventure starts here.
  • Subdv Name: Crested Butte South
  • Unit Suite Number: 11
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 192260

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 1562
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room
  • Foundation: Permanent
  • Master Bedroom Level: Lower Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: Crested Butte South Metropolitan District
  • Water Heater: Electric Water Heater
  • Water Supplier: Crested Butte South Metro District

Condo/Co-op/Association

  • Condo Townhome Complex: Cement Creek Condos-Waterfall
  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Landscaping, Sewer, Trash, Water, Management, Parking, Road Maintenance, Common Area Taxes
  • Hoametro Fees: 894.32
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Cement Creek Condo Association

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: 2024

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
Apr 1, 2025
Closed on
May 27, 2025
Sold by
John S And Z Denise Gallup Living Trust
Bought by
Leraan Johnson Ashley
Seller's Agent
Maggie Dethloff
Bluebird Real Estate, LLC
Buyer's Agent
Jenna May
Bluebird Real Estate, LLC
List Price
$699,000
Sold Price
$676,000
Premium/Discount to List
-$23,000
-3.29%
Views
5
Current Estimated Value
$706,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,670
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Dec 8, 2017
Sold by
Midwest Mountain Retreat Llc
Bought by
Gallup John S and Gallup Denise Z

Purchase Details

Closed on
May 26, 2004
Sold by
Frederick Vernon N
Bought by
Vorhes Rebecca J

Purchase Details

Closed on
Nov 24, 1999
Sold by
Deterly David A
Bought by
Pittman Thad E

Purchase Details

Closed on
Feb 23, 1999
Sold by
Deterly David A
Bought by
Frederick Vernon N
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $676,000 Land Title
Warranty Deed $315,000 Land Title Guarantee Company
Deed $160,000 --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $676,000 -3.3% $433 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $699,000 -- $448 / 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 $3,081 $48,460 $0 $48,460
2023 $3,081 $44,780 $0 $44,780
2022 $2,512 $31,810 $0 $31,810
2021 $2,248 $32,730 $0 $32,730
2020 $1,673 $24,160 $0 $24,160
2019 $1,624 $24,160 $0 $24,160
2018 $1,122 $15,680 $0 $15,680
2017 $1,117 $15,680 $0 $15,680
2016 $1,080 $15,820 $0 $15,820
2015 $469 $15,820 $0 $15,820
2014 $469 $13,260 $0 $13,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 822466

Colorado Real Estate Network (CREN)

APN: R024711