491 Slate River Dr Crested Butte, CO 81224
Estimated payment $18,386/month
Highlights
- Steam Room
- Media Room
- River Front
- Crested Butte Community School Rated A-
- Indoor Spa
- 0.36 Acre Lot
About This Home
Nestled above a sweeping bend in the Slate River, in the serene shadow of iconic 12,168’ Crested Butte, this extraordinary home offers a front-row seat to some of Colorado’s most awe-inspiring natural beauty. With major upgrades since 2023, it blends timeless exposed-wood charm with modern luxury and panoramic mountain views that stretch from Whetstone to Gothic. Enjoy the ever-changing beauty of protected riverfront wilderness right from your expansive stone deck with hot tub, firepit, and both open-sky and roof-covered seating areas. Wildlife sightings are frequent, sunsets are unforgettable, and night skies are ablaze with stars. Inside, massive windows bring the outside in, illuminating a spacious open-concept kitchen, dining, and living area anchored by a floor-to-ceiling fireplace. The craftsmanship shines with Douglas fir beams and ceilings, cherry floors, and an all-new gourmet chef’s kitchen featuring Wolf/Cove appliances, granite countertops, a large serving island, and walk-in pantry. The main level includes two bedrooms, each with its own bathroom featuring heated floors. Upstairs, the luxurious primary suite is a true sanctuary with cathedral ceilings, private balcony, gas stove, dual-vanity bath with steam shower and hydrotherapy tub, bidet-toilet, heated floors, and walk-in closet. A fourth bedroom or office and a large ADU-style bonus room complete the upper level. The bonus room includes a kitchenette, bath, and private entrance offering ideal flexibility for guests, rental income, or multigenerational living. Located just 6 minutes from historic Crested Butte and 12 minutes to world-class skiing, you can bike or walk into town on a dedicated path or paddle straight home via the Slate River. A true legacy property set in National Geographic-level scenery.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,474
Year Built
- Built in 2005 | Remodeled in 2023
Lot Details
- 0.36 Acre Lot
- River Front
- Open Space
- Landscaped
- Sprinkler System
HOA Fees
- $238 Monthly HOA Fees
Property Views
- Creek or Stream
- Mountain
Home Design
- Metal Roof
- Stone Siding
- Stick Built Home
- Stucco
Interior Spaces
- 3,245 Sq Ft Home
- Wet Bar
- Sound System
- Tongue and Groove Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Media Room
- Den with Fireplace
- Game Room
- Steam Room
- Indoor Spa
- Crawl Space
- Home Security System
Kitchen
- Walk-In Pantry
- Built-In Oven
- Microwave
- Dishwasher
- Wolf Appliances
- Granite Countertops
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- In-Law or Guest Suite
- Steam Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Gas Grill
Schools
- Crested Butte Community K-12 Elementary And Middle School
- Crested Butte Community K-12 High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Satellite Dish
- Cable TV Available
Community Details
- Association fees include water, road maintenance
- River Green Property Owners Association
- River Green Subdivision
Listing and Financial Details
- Assessor Parcel Number 325501301016
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,474 | $157,250 | $30,510 | $126,740 |
| 2023 | $9,474 | $153,560 | $29,790 | $123,770 |
| 2022 | $10,126 | $144,940 | $19,450 | $125,490 |
| 2021 | $9,215 | $152,400 | $20,450 | $131,950 |
| 2020 | $5,444 | $91,000 | $23,520 | $67,480 |
| 2019 | -- | $91,000 | $23,520 | $67,480 |
| 2018 | -- | $68,910 | $18,720 | $50,190 |
| 2017 | -- | $68,910 | $18,720 | $50,190 |
| 2016 | -- | $64,290 | $20,150 | $44,140 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | Pending | -- | -- | -- | |
| 09/29/2025 09/29/25 | Price Changed | $3,300,000 | -3.6% | $1,017 / Sq Ft | |
| 08/14/2025 08/14/25 | Price Changed | $3,425,000 | -3.5% | $1,055 / Sq Ft | |
| 07/08/2025 07/08/25 | For Sale | $3,550,000 | +29.1% | $1,094 / Sq Ft | |
| 06/17/2022 06/17/22 | Sold | $2,750,000 | 0.0% | $838 / Sq Ft | View Prior Sale |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- | |
| 04/09/2022 04/09/22 | For Sale | $2,750,000 | -- | $838 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,750,000 | Land Title | |
| Special Warranty Deed | $1,735,000 | Land Title Guarantee Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $990,000 | None Available | |
| Deed | $112,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | New Conventional | |
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $801,900 | VA |
Source: Colorado Real Estate Network (CREN)
MLS Number: 826328
APN: R030289
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