$2,000,000
SOLD OCT 17, 2025

227 Phoenix Way Crested Butte, CO 81224

35.2 Acres
$56,818 Price per Acre
1,533,312 Sq Ft Lot

Recently Sold

13% Below List Price

70 Days on Market

Highlights

  • Horses Allowed On Property
  • 35.2 Acre Lot
  • Wooded Lot
  • Crested Butte Community School Rated A-
  • Mountain View
  • Open Space

About This Lot

As of October 2025

Homesite #3 – Smith Hill Ranches | 35 Acres with Incredible Views of Crested Butte Mountain You will love the absolutely stunning views of Crested Butte Mountain from this premier 35-acre homesite in the exclusive, gated community of Smith Hill Ranches. This is a rare opportunity to own one of only eight parcels in this private ranch setting — offering unmatched privacy, mature aspens and pines, and unspoiled panoramic mountain views. While it feels like your own slice of peaceful mountain paradise, you're just 2 miles from downtown Crested Butte and only about 1 mile from the ski resort base area. The location offers the best of both worlds: total seclusion with quick access to recreation, adventure, and everything Crested Butte has to offer. This gently sloping lot is ideal for building your legacy mountain home and even a barn or stables. Enjoy private access to Long Lake, and direct access to hiking, biking, and horseback riding trails right outside the gate. Electric via GCEA, and a water well are already in place — the heavy lifting has been done. If you've been dreaming of space, privacy, and jaw-dropping views just minutes from town, this is the one. Come walk the property and start planning your dream home today.

Last Agent to Sell the Property

Chris Kopf

Coldwell Banker Mountain Properties Listed on: 07/02/2025

Coldwell Banker Mountain Properties

Last Buyer's Agent

Charlie Farnan

Bluebird Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,637

Lot Details

  • 35.2 Acre Lot
  • Open Space
  • Barbed Wire
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $792 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Well
  • Internet Available
  • Phone Available

Community Details

  • Smith Hill Ranches HOA
  • Smith Hill Ranches Subdivision

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 317700002005

Property Details

Property Type

Land

Est. Annual Taxes

$19,637

Lot Details

0

HOA Fees

$792 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee Co
  • Legal Lot Block: RANCH 3, THE SMITH HILL RANCHES SUBDIVISION
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35-50 Acres
  • Parcel Id Number: 317700002005
  • Property Description: Wooded Lot, Adj To Open Space
  • Street Descriptionaccess: Private, Gravel, Private Winter Maintenanc
  • Street Designation: Way
  • Tax Account Id: R042412
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Annually
  • Domestic Water: Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 35.2
  • Current Property Use: Horses, Residential Single Family, Grazing(no Irrig.)
  • Em Deposit: 100,000.00
  • Possible Property Use: Residential Single Family, Grazing(no Irrigation), Horses
  • Topography: Sloped
  • Price per Sq Ft: 1.5
  • Sold Priceacre: 56818.18
  • Access: Year Round
  • HOA Fees: Yes
  • Total Taxes Dollar: 19,637.00
  • Prop Description Remarks: Homesite #3 – Smith Hill Ranches | 35 Acres with Incredible Views of Crested Butte Mountain You will love the absolutely stunning views of Crested Butte Mountain from this premier 35-acre homesite in the exclusive, gated community of Smith Hill Ranches. This is a rare opportunity to own one of only eight parcels in this private ranch setting — offering unmatched privacy, mature aspens and pines, and unspoiled panoramic mountain views. While it feels like your own slice of peaceful mountain paradise, you're just 2 miles from downtown Crested Butte and only about 1 mile from the ski resort base area. The location offers the best of both worlds: total seclusion with quick access to recreation, adventure, and everything Crested Butte has to offer. This gently sloping lot is ideal for building your legacy mountain home and even a barn or stables. Enjoy private access to Long Lake, and direct access to hiking, biking, and horseback riding trails right outside the gate. Electric via GCEA, and a water well are already in place — the heavy lifting has been done. If you've been dreaming of space, privacy, and jaw-dropping views just minutes from town, this is the one. Come walk the property and start planning your dream home today.
  • Subdv Name: Smith Hill Ranches
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire
  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Phone, Internet, Propane Required, Phone - Landline, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 252061

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: $9,500
  • Hoa Name: Smith Hill Ranches

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

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
Jul 2, 2025
Closed on
Oct 17, 2025
Sold by
Horse Ranch Llc
Bought by
West Elks Trust
Seller's Agent
Chris Kopf
Coldwell Banker Mountain Properties
Buyer's Agent
Charlie Farnan
Bluebird Real Estate, LLC
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

Purchase Details

Closed on
May 7, 2015
Sold by
The Phoenix Family Group Ltd
Bought by
Horse Ranch Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $2,000,000 Land Title
Warranty Deed $75,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Sold $2,000,000 -13.0% --
09/10/2025 09/10/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $2,300,000 -- --
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 $19,834 $324,230 $324,230 $0
2023 $19,638 $324,230 $324,230 $0
2022 $12,592 $185,140 $185,140 $0
2021 $10,852 $185,140 $185,140 $0
2020 $10,178 $175,550 $175,550 $0
2019 $9,948 $175,550 $175,550 $0
2018 $9,586 $163,430 $163,430 $0
2017 $9,682 $163,430 $163,430 $0
2016 $8,627 $155,060 $155,060 $0
2015 -- $155,060 $155,060 $0
2014 -- $145,410 $145,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 826139

Colorado Real Estate Network (CREN)

APN: R042412