NOT LISTED FOR SALE

405 Wapiti Ln Crested Butte, CO 81224

Estimated Value: $2,920,000 - $3,661,000

4 Beds
4 Baths
2,738 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $3,500,000 $1,278 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,570/month

1 Day on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Barn
  • Home fronts a pond
  • Crested Butte Community School Rated A-
  • Horses Allowed On Property
  • RV or Boat Parking

About This Home

As of July 2023

Absolutely a one-of-a-kind property in Crested Butte. Situated at the end of the road on a full 10 acres offering incredible privacy and mountain views. The main home is beautiful with 3 bedrooms, amazing decks and views plus there is a detached guest house above the massive 3 car garage. The barn is perfect for horse lovers or storing all of your mountain gear. Plenty of corrals established for horses or other animals plus a shed for the animals that live in the pasture. There is a beautiful pond on the property, stocked with fish and ample water rights.

Last Agent to Sell the Property

Jesse Ebner

Signature Properties Ebner & Associates, LLC Listed on: 07/11/2023

Last Buyer's Agent

Jesse Ebner

Signature Properties Ebner & Associates, LLC Listed on: 07/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,643

Year Built

  • Built in 2003

Lot Details

  • 10 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Partially Fenced Property
  • Irrigation

HOA Fees

  • $210 Monthly HOA Fees

Property Views

  • Lake
  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Wood Shingle Roof
  • Stone Siding
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,738 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Apartment
  • Heated Garage
  • RV or Boat Parking

Schools

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

Farming

  • Barn
  • 10 Irrigated Acres

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Gas Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)

Community Details

  • Association fees include snow removal, management, road maintenance
  • Butte Pastures HOA
  • Butte Pasture Subdivision
  • Stream Seasonal

Listing and Financial Details

  • Assessor Parcel Number 325707010002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,643

Year Built

Built in 2003

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Irrigation Acres: 10
  • Estimated Total Acres: 10
  • Class: RESIDENTIAL
  • Em Deposit: 105000
  • Em Holder: Title Company
  • Exterior Inclusions: Irrigation Water, Deck
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Guest Quarters, Walk In Closet, Heated Garage
  • Legal Lot Block: LOT 7, BUTTE PASTURE SUBDIVISION
  • Livestock Allowed: Horses
  • Lot Size Acreage: 10 - 19.99
  • Parcel Id Number: 325707010002
  • Price Per Sq Ft: 1278.31
  • Property Attached: Yes
  • Property Description: Cul-de-sac
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log, Stone
  • Sold Price Sq Ft: 1278.31
  • Street Descriptionaccess: Cul-de-Sac, Private Winter Maintenanc
  • Street Designation: Lane
  • Waterfront Type: Pond, Seasonal Stream/Spring
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Additional Living Type: Garage apt
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 10,643
  • Year Built: 2003
  • Foreign Owned Y N: No
  • Prop Description Remarks: Absolutely a one-of-a-kind property in Crested Butte. Situated at the end of the road on a full 10 acres offering incredible privacy and mountain views. The main home is beautiful with 3 bedrooms, amazing decks and views plus there is a detached guest house above the massive 3 car garage. The barn is perfect for horse lovers or storing all of your mountain gear. Plenty of corrals established for horses or other animals plus a shed for the animals that live in the pasture. There is a beautiful pond on the property, stocked with fish and ample water rights.
  • Subdv Name: Butte Pasture
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Island, Eat-in Kitchen
  • Bedrooms: 4
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 2738
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 3
  • Total Bathrooms: 4
  • Foundation: Basement-walk out, Basement-finished
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property
  • Windows: Double Pane
  • Construction Type: Log
  • Exterior Structures: Barn, Corral, Garage, Guest House
  • Roof: Wood Shingle
  • Views: Mountains, Valley, Stream/River, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Propane
  • Heating System: Floor Radiant
  • Irrigation Water Description Amount: 10 acre
  • Irrigation Water District: 59
  • Sewer Supplier: Septic
  • Water Heater: Gas Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 61292-F

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Management, Road Maintenance
  • Hoametro Fees: 2520
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Butte Pastures

Schools

  • High School: Crested Butte Community K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

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 11, 2023
Closed on
Jul 31, 2023
Sold by
Abu-Haidar Berv Living Trust
Bought by
Erai Llc
Seller's Agent
Jesse Ebner
Signature Properties Ebner & Associates, LLC
Buyer's Agent
Jesse Ebner
Signature Properties Ebner & Associates, LLC
List Price
$3,500,000
Sold Price
$3,500,000
Current Estimated Value
$3,326,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,377
Avg. Annual Appreciation
-2.24%

Purchase Details

Closed on
May 25, 2021
Sold by
Berv Jason A and Abu Haidar Sumaya
Bought by
Berv Jason and Abu Haidar Sumaya

Purchase Details

Closed on
Jun 1, 2017
Sold by
Stuplich Robert R
Bought by
Abu Berv Jason A and Abu Eaidar Sumaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 2017
Sold by
Robert R Stuplich
Bought by
Sumaya Berv Jason A and Sumaya Abu Haidar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2005
Sold by
Butte Realty Co
Bought by
Stuplich Robert R
Source: Public Records

Range of Values:

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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
Erai Llc $3,500,000 None Listed On Document
Berv Jason $130,000 None Available
Abu Berv Jason A $1,789,000 Abstract Company
Sumaya Berv Jason A -- None Available
Stuplich Robert R $292,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abu Berv Jason A $325,000
Previous Owner Sumaya Berv Jason A $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $3,500,000 0.0% $1,278 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $3,500,000 -- $1,278 / 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 $11,381 $188,820 $68,650 $120,170
2023 $11,213 $185,130 $67,310 $117,820
2022 $5,472 $80,450 $19,340 $61,110
2021 $4,851 $82,760 $19,900 $62,860
2020 $6,479 $111,750 $24,740 $87,010
2019 $6,333 $111,750 $24,740 $87,010
2018 $5,268 $82,620 $14,970 $67,650
2017 $4,895 $82,620 $14,970 $67,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806530

Colorado Real Estate Network (CREN)

APN: R042450