NOT LISTED FOR SALE

379 Smith Rd Crested Butte, CO 81224

Estimated Value: $2,681,515 - $3,218,000

4 Beds
3.5 Baths
2,962 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $2,480,000 $837 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $17,076/month

404 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • 35.15 Acre Lot
  • Horses Allowed On Property
  • RV or Boat Parking
  • Mountain View

About This Home

As of November 2021

379 Smith Road is an absolutely rare opportunity to own a gorgeous home on 35 acres, two minutes from downtown Crested Butte. The views from this property are uncompromising and unobstructed forever. This incredible estate offers one the opportunity to truly disconnect and be socially distant while being close to all of the amenities in Crested Butte. The home offers two full walls of windows that are centered around Mt. Crested Butte and Paradise Divide. You will never see a more beautiful sunset! The open living plan on the main level has a spacious kitchen with granite counter tops, custom cabinetry and a large island with seating. Cozy up with your loved ones around the wood burning fireplace to enjoy those sunsets or snowy days in Colorado. The master bedroom suite is on the main floor with two private balconies and another deck to the yard. The tall, vaulted ceilings make the room feel fit for a king or queen. In the bathroom, you will find a double vanity, deep soaking/jetted tub and steam shower. Downstairs is the junior master suite with a private patio overlooking the incredible acreage. There are two more bedrooms and a bathroom on the lower level, all of the bedrooms have access to the outdoors. There is also a substantial mud room with custom built lockers to store all of your gear but keep it hidden from view. The oversized heated garage has plenty of room for your cars and toys but there is also a detached garage, perfect for farming equipment, tack and hay shed for your horse gear, snowmobiles and more. Owners at Whetstone Mountain Ranch have exclusive access to the trails on Whetstone Mountain, as well as, fishing rights in the gorgeous stocked trout ponds scattered around the property. Bring your horses and ride the miles of single track trails surrounding the area and have plenty of grazing available to them all summer. This property also includes substantial water rights for ponds and irrigation. Take a look at this incredible estate, it holds the key to your dream life in Crested Butte!

Last Agent to Sell the Property

Jesse Ebner

Signature Properties Ebner & Associates, LLC Listed on: 08/10/2020

Last Buyer's Agent

Joe Garcia

Coldwell Banker Mountain Properties

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,738

Year Built

  • Built in 2002

Lot Details

  • 35.15 Acre Lot
  • Home fronts a pond
  • Partially Fenced Property
  • Fenced Front Yard
  • Irrigation
  • Property is zoned Mixed-Use

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,962 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Fire Sprinkler System

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Barn
  • 30 Irrigated Acres
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include irrigation, snow removal, fishing rights, road maintenance
  • Whetstone Mountain Ranch HOA
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 325500010013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,738

Year Built

Built in 2002

Lot Details

35.15 Acres

HOA Fees

$500 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Dishwasher, Washer, Dryer, Disposal
  • Estimated Irrigation Acres: 30
  • Estimated Total Acres: 35.15
  • Class: RESIDENTIAL
  • Em Deposit: 5%
  • Em Holder: Title Company
  • Exterior Inclusions: Irrigation Water, Deck, Balcony, Covered Porch
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, Window Coverings, Wired/Cable TV, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Jetted Tub, Pantry, Walk In Closet, Garage Door Opener, Fire Sprinklers, Mud Room, Heated Garage
  • Legal Lot Block: RANCH 4 WHETSTONE MOUNTAIN RANCH (BOUNDARY LINE ADJ) #605978 #608726
  • List Price per Sq Ft: 844.02
  • Livestock Allowed: Horses
  • Lot Size Acreage: 35+
  • Parcel Id Number: 325500010013
  • Price Per Sq Ft: 837.27
  • Property Attached: Yes
  • Property Description: Pasture, Foothills
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Raised Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stone, Wood
  • Sold Price Sq Ft: 837.27
  • Street Descriptionaccess: Gravel, Dirt, Private Winter Maintenanc
  • Street Designation: Road
  • Waterfront Type: Pond
  • Zoning: Mixed-Use
  • Type: Stick Built
  • Access: Year Round
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 7,737.61
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Living Room Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 2962
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space, Concrete
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property, Fenced - Front
  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Exterior Structures: Barn, Corral
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant, Wood Stove
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 235992

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: 6,000
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Whetstone Mountain Ranch

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

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

Listed on
Aug 10, 2020
Closed on
Nov 19, 2021
Sold by
Griggs Rhett J
Bought by
Watts Eric P
Seller's Agent
Jesse Ebner
Signature Properties Ebner & Associates, LLC
Buyer's Agent
Joe Garcia
Coldwell Banker Mountain Properties
List Price
$3,800,000
Sold Price
$2,480,000
Premium/Discount to List
-$1,320,000
-34.74%
Current Estimated Value
$3,032,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,129
Avg. Annual Appreciation
4.82%
Original Mortgage
$646,500
Outstanding Balance
$586,144
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$2,445,985

Purchase Details

Closed on
Apr 15, 2011
Sold by
Us Bank Na
Bought by
Griggs Rhett J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Watts Eric P $2,480,000 Land Title Guarantee Company
Griggs Rhett J $1,295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Eric P $646,500
Previous Owner Griggs Rhett J $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $2,480,000 -0.8% $837 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $2,500,000 -7.2% $844 / Sq Ft
07/12/2021 07/12/21 Price Changed $2,695,000 -8.6% $910 / Sq Ft
05/28/2021 05/28/21 Price Changed $2,950,000 -7.8% $996 / Sq Ft
03/23/2021 03/23/21 Price Changed $3,200,000 +12.3% $1,080 / Sq Ft
10/16/2020 10/16/20 Price Changed $2,850,000 -13.6% $962 / Sq Ft
09/21/2020 09/21/20 Price Changed $3,300,000 -13.2% $1,114 / Sq Ft
08/10/2020 08/10/20 For Sale $3,800,000 -- $1,283 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $12,041 $192,690 $44,190 $148,500
2024 $12,041 $185,330 $47,950 $137,380
2023 $11,002 $181,650 $47,020 $134,630
2022 $10,655 $156,660 $28,690 $127,970
2021 $9,454 $161,290 $29,630 $131,660
2020 $7,738 $133,460 $29,800 $103,660
2019 $7,563 $133,460 $29,800 $103,660
2018 $6,995 $119,270 $23,950 $95,320
2017 $7,066 $119,270 $23,950 $95,320
2016 $4,580 $82,320 $24,200 $58,120
2015 $1,828 $82,320 $24,200 $58,120
2014 $1,828 $64,840 $19,990 $44,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 773270

Colorado Real Estate Network (CREN)

APN: R070737

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