$1,100,000
SOLD AUG 5, 2025

519 Teocalli Ave Crested Butte, CO 81224

0.14 Acre
$7,857,143 Price per Acre
6,098 Sq Ft Lot

Recently Sold

42% Below List Price

394 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • 2-minute walk to Crested Butte Town Park
  • Crested Butte Community School Rated A-

About This Lot

As of August 2025

Great lot in a very nice neighborhood. All utilities are in place and sewer is installed. This lot is very dry and would be a very easy build. A very short distance to the bus stops on 6th Street and a short distance to the business districts on 6th Street and on Elk. Assessor says the taxes would decrease dramatically with any sort of building start.

Last Agent to Sell the Property

Wayne Meredith

LIV Sotheby's International Realty - CB Listed on: 06/04/2024

LIV Sotheby's International Realty - CB

Last Buyer's Agent

Shay Wyckoff

Alpine Property Realty

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Septic System
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 325503101010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Tiltle Company
  • Legal Lot Block: Tract 1, Teocalli Avenue Tracts Filing 1, according to the Plat thereof recorded October 31, 2019 at Reception No. 663296
  • Lot Dimension: 50x125
  • Lot Size Acreage: 0-.25 Acres
  • Parcel Id Number: 325503101010
  • Property Description: Boundaries Surveyed
  • Street Descriptionaccess: City/Town, Paved, 50'-75' Frontage, Public, Public Winter Maintenance
  • Street Designation: Avenue
  • Tax Account Id: R073261
  • Zoning: Residential Single Family
  • Domestic Sewer: Sewer Tap Available, Sewer Tap Installed, Central
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.14
  • Current Property Use: Residential Single Family
  • Em Deposit: 50,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 9250000
  • Topography: Level
  • Price per Sq Ft: 212.35
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 7857142.86
  • Water Tap Available: Yes
  • Access: Year Round
  • Total Taxes Dollar: 28,320
  • Prop Description Remarks: Great lot in a very nice neighborhood. All utilities are in place and sewer is installed. This lot is very dry and would be a very easy build. A very short distance to the bus stops on 6th Street and a short distance to the business districts on 6th Street and on Elk. Assessor says the taxes would decrease dramatically with any sort of building start.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Natural Gas, Cable Tv, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Town Of Crested Butte

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

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
Jun 4, 2024
Closed on
Aug 5, 2025
Sold by
Ruth M Kapushion Family Partnership Lllp
Bought by
Banks Nancy P and Banks Zak S
Seller's Agent
Wayne Meredith
LIV Sotheby's International Realty - CB
Buyer's Agent
Shay Wyckoff
Alpine Property Realty
List Price
$1,900,000
Sold Price
$1,100,000
Premium/Discount to List
-$800,000
-42.11%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.42%
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 $1,100,000 Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 Sold $1,100,000 -15.1% --
07/03/2025 07/03/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $1,295,000 -31.8% --
06/04/2024 06/04/24 For Sale $1,900,000 -- --
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 $28,320 $412,990 $412,990 $0
2023 $32,370 $412,990 $412,990 $0
2022 $10,612 $135,390 $135,390 $0
2021 $9,032 $130,910 $130,910 $0
2020 $6 $10 $10 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 814414

Colorado Real Estate Network (CREN)

APN: 325503101010