503 Red Lady Ave Unit 102 & 103 Crested Butte, CO 81224
Estimated payment $5,198/month
Highlights
- Mountain View
- Breakfast Bar
- Wood Siding
- Crested Butte Community School Rated A-
- Forced Air Heating System
- Carpet
About This Home
In-Town Options! Welcome to your mountain-town retreat in the heart of downtown Crested Butte! This unique property offers a delightful 696 square foot one-bedroom, one-bathroom condo upstairs AND TWO ground-floor commercial studio office spaces. One commercial space is 293 square feet with a convenient 3⁄4 bathroom, and one commercial space is 302 square feet with 1⁄2 bath. Both of these spaces are ideal for remote work, a home studio, office, or small business. There is the option to connect these two spaces with pre-existing door for one larger 595 sq ft commercial space. Residential unit is perfect for full-time residence and long-term rental. Located just steps from the free bus stop and grocery store, daily errands and commuting are effortless. For outdoor lovers, you’ll be thrilled with the quick access right out your front door, providing a gateway to skiing, biking, hiking, and Nordic trails. Enjoy the added bonus of off-street parking—a big perk in downtown CB. Warm and cozy, bright and sunny, efficient natural gas heat, low HOA dues, and low-maintenance. You won't even have to shovel snow! Whether you're looking for a full-time residence, weekend getaway, business HQ, investment property, or all of the above, this gem is a rare find, offering unbeatable location, versatile layout, flexibility and functionality. Seller will consider seller-financing.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,141
Year Built
- Built in 1994
HOA Fees
- $550 Monthly HOA Fees
Home Design
- Permanent Foundation
- Membrane Roofing
- Wood Siding
Interior Spaces
- 1,291 Sq Ft Home
- 2-Story Property
- Mountain Views
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
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
- Water Heater
- Internet Available
Community Details
- Association fees include building maintenance, sewer, trash, water, management, parking, common area taxes
- Majestic Plaza Condominiums HOA
- Majestic Plaza Condos
Listing and Financial Details
- Assessor Parcel Number 325503186005
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/22/2025 09/22/25 | For Sale | $799,000 | -- | $619 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
MLS Number: 828685

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