$2,000,000
SOLD JUN 30, 2025

454 Teocalli Rd Crested Butte, CO 81224

7 Beds
6 Baths
3,737 Sq Ft
0.34 Acres

Recently Sold

$535 Per Sq Ft

7% Below List Price

92 Days on Market

Highlights

  • Mountain View
  • Deck
  • Radiant Floor
  • Crested Butte Community School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of June 2025

Discover a truly unique opportunity in the heart of Crested Butte South! This meticulously maintained and updated triplex offers a versatile blend of income potential. Unit A is a spacious and light-filled 3-bedroom, 3-bathroom, 2,070 square foot residence with vaulted ceilings and large windows. Offered fully furnished and turnkey, this unit is perfect for a homeowner seeking comfort and style in a serene setting. Extensive renovations include all bathrooms, new doors, a new washer/dryer, new stainless-steel appliances, and more! A complete list of upgrades and renovations is available. Unit B is a fully furnished, turnkey two-bedroom, two-bathroom, 744 square foot short term rental. The clean, bright space is comfortable for guests and offers a washer/dryer in unit, as well as a fenced yard for privacy. The lower-level bedroom and bathroom were recently updated. Unit C is a well-maintained two-bedroom, one-bathroom, 910 square foot apartment. The possibilities are endless with this versatile investment, plus the location cannot be beat! The large lot offers stunning mountain views and is within walking distance from all of Crested Butte South’s amenities, including restaurants, Camp 4 Coffee, Red Mountain Park, cross country trails, the RTD bus stop, and more! With its exceptional location, thoughtful layout, and income-producing potential (available upon request), this triplex is a rare find for investors and homeowners alike. Don’t miss the chance to own a property that offers both lifestyle and financial rewards in one of Colorado’s most desirable mountain communities. Schedule your showing today and take the first step toward making this Crested Butte South gem your own! Seller's loan is assumable for a qualified veteran at 2.25%.

Last Agent to Sell the Property

Kiley Flint

LIV Sotheby's International Realty - CB Listed on: 01/22/2025

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Ralph Walton III

LIV Sotheby's International Realty - CB

LIV Sotheby's International Realty - CB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,651

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Privacy Fence

HOA Fees

  • $131 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Permanent Foundation
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,737 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 325728103004

Community Details

Overview

  • Association fees include fishing rights, management, road maintenance
  • Crested Butte South Poa
  • Crested Butte South Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,651

Year Built

Built in 2005

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.34
  • Class: RESIDENTIAL
  • Common Facilities: Tennis Courts, Park, Playground
  • Em Deposit: 100000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Part Furnished, Ceiling Fan(s), Vaulted Ceiling, Granite Counters, Pantry, Garage Door Opener
  • Legal Lot Block: LOT 7, BLOCK 11, CRESTED BUTTE SOUTH SUBDIVISION
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 325728103004
  • Price Per Sq Ft: 535.19
  • Real Estate Included: Yes
  • Realist Id: 325728103004
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 535.19
  • Street Descriptionaccess: City/Town, Paved, Public
  • Street Designation: Road
  • Type: Stick Built
  • Access: Year Round
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 5,651.00
  • Year Built: 2005
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover a truly unique opportunity in the heart of Crested Butte South! This meticulously maintained and updated triplex offers a versatile blend of income potential. Unit A is a spacious and light-filled 3-bedroom, 3-bathroom, 2,070 square foot residence with vaulted ceilings and large windows. Offered fully furnished and turnkey, this unit is perfect for a homeowner seeking comfort and style in a serene setting. Extensive renovations include all bathrooms, new doors, a new washer/dryer, new stainless-steel appliances, and more! A complete list of upgrades and renovations is available. Unit B is a fully furnished, turnkey two-bedroom, two-bathroom, 744 square foot short term rental. The clean, bright space is comfortable for guests and offers a washer/dryer in unit, as well as a fenced yard for privacy. The lower-level bedroom and bathroom were recently updated. Unit C is a well-maintained two-bedroom, one-bathroom, 910 square foot apartment. The possibilities are endless with this versatile investment, plus the location cannot be beat! The large lot offers stunning mountain views and is within walking distance from all of Crested Butte South’s amenities, including restaurants, Camp 4 Coffee, Red Mountain Park, cross country trails, the RTD bus stop, and more! With its exceptional location, thoughtful layout, and income-producing potential (available upon request), this triplex is a rare find for investors and homeowners alike. Don’t miss the chance to own a property that offers both lifestyle and financial rewards in one of Colorado’s most desirable mountain communities. Schedule your showing today and take the first step toward making this Crested Butte South gem your own! Seller's loan is assumable for a qualified veteran at 2.25%.
  • Subdv Name: Crested Butte South
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 7
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 3737
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 6
  • Foundation: Basement-walk out, Basement-finished, Permanent
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Partial Property
  • 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, Natural Gas, Internet
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Floor Radiant
  • Sewer Supplier: Crested Butte South Metropolitan District
  • Water Heater: Gas Water Heater
  • Water Supplier: Crested Butte South Metro District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Fishing Rights, Management, Road Maintenance
  • Hoametro Fees: 1,575.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Crested Butte South POA

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
Jan 22, 2025
Closed on
Jun 30, 2025
Sold by
Mccombs Matthew M and Mccombs Olivia M
Bought by
Blevins Jason T and Blevins Carolyn A
Seller's Agent
Kiley Flint
LIV Sotheby's International Realty - CB
Buyer's Agent
Ralph Walton III
LIV Sotheby's International Realty - CB
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.78%
Original Mortgage
$830,000
Outstanding Balance
$830,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$980,333

Purchase Details

Closed on
Dec 19, 2017
Sold by
Ms Property Management Llc
Bought by
Mccombs Matthew M and Mccombs Olivia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,775
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 2007
Sold by
Sheaffer Zigmund P
Bought by
Collins Kendall W and Collins Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2000
Sold by
Barrett Bryan
Bought by
Sheaffer Zigmund P

Purchase Details

Closed on
Jan 27, 1993

Purchase Details

Closed on
Dec 10, 1992

Purchase Details

Closed on
Oct 8, 1991
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 Type Sale Price Title Company
Warranty Deed $2,000,000 Land Title
Warranty Deed $725,000 Land Title Guarantee Company
Warranty Deed $625,000 None Available
Deed $37,000 --
Deed -- --
Deed $8,500 --
Deed $16,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $830,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $634,100 VA
Previous Owner $639,623 VA
Previous Owner $649,775 VA
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $2,000,000 -7.0% $535 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $2,150,000 -- $575 / 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 $5,398 $82,120 $16,980 $65,140
2023 $5,398 $78,440 $16,220 $62,220
2022 $4,927 $62,390 $8,500 $53,890
2021 $4,507 $65,610 $8,940 $56,670
2020 $3,760 $54,300 $7,430 $46,870
2019 $3,649 $54,300 $7,430 $46,870
2018 $3,204 $44,800 $4,150 $40,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 820669

Colorado Real Estate Network (CREN)

APN: R015383