503 Red Lady Ave Unit 103 Crested Butte, CO 81224
Estimated payment $3,832/month
Highlights
- Mountain View
- 1 Home Office
- Forced Air Heating System
- Crested Butte Community School Rated A-
- Breakfast Bar
- Wood Siding
About This Home
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 AND a separate, attached 293 square foot private office space with a convenient 3⁄4 bathroom, ideal for remote work, a home studio, or small business. Effectively two units in one. 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
- $3,073
Year Built
- Built in 1994
HOA Fees
- $422 Monthly HOA Fees
Home Design
- Permanent Foundation
- Membrane Roofing
- Wood Siding
Interior Spaces
- 989 Sq Ft Home
- 2-Story Property
- 1 Home Office
- 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
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 | $3,103 | $55,650 | $0 | $55,650 |
| 2023 | $3,073 | $43,590 | $0 | $43,590 |
| 2022 | $3,964 | $50,580 | $0 | $50,580 |
| 2021 | $3,545 | $51,390 | $0 | $51,390 |
| 2020 | $2,145 | $31,380 | $0 | $31,380 |
| 2019 | $2,102 | $31,380 | $0 | $31,380 |
| 2018 | $2,231 | $32,180 | $0 | $32,180 |
| 2017 | $2,246 | $32,180 | $0 | $32,180 |
| 2016 | $2,405 | $36,240 | $0 | $36,240 |
| 2015 | $1,047 | $36,240 | $0 | $36,240 |
| 2014 | $1,047 | $30,910 | $0 | $30,910 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Price Changed | $599,000 | -6.3% | $606 / Sq Ft |
| 08/08/2025 08/08/25 | Price Changed | $639,000 | -1.5% | $646 / Sq Ft |
| 07/25/2025 07/25/25 | Price Changed | $649,000 | -6.6% | $656 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $695,000 | -6.0% | $703 / Sq Ft |
| 05/24/2025 05/24/25 | For Sale | $739,000 | -- | $747 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $170,000 | -- | |
| Deed | $160,000 | -- |
Source: Colorado Real Estate Network (CREN)
MLS Number: 824592
APN: R032094
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