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Crested Butte, CO Real Estate News

By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,   Happy Friday the 13th! It has been a great summer so far in the Crested Butte real estate market.  With Crested Butte Mountain Resort's hotel and condo occupancy for July up 25% over last summer and lift ridership up 21% it is evident this has had a dramatic impact on real estate sales.  In the Lodge at Mountaineer Square, one of the hardest hit new developments on the mountain in recent years, has seen nine sales and currently has another eight residences under contract for a total potential of $7.995mil of sales. With numerous properties receiving multiple offers and some listings being sold for full price or more it may be that we’ve reached the bottom in this segment of the market. The Tipple House ($4.489mil), 757 Ridge Lane ($2.995mil) and adjoining $800k parcel, 1...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Benson Sotheby's International Realty agent Channing Boucher has successfully brokered another luxury home sale in Crested Butte. Channing represented the purchaser of 2 Ridge Lane. The 4 bedroom, 3650 sft. custom home built in 2008 sold for $1,325,000. This extraordinary mountain home is located on a quiet cul-de-sac in the prestigious Overlook neighborhood of Mt Crested Butte.  A grand foyer and sweeping stairwell anchor this two-level home. The home offers absolutely stunning views of the ski resort, Whetstone Mountain and Mt. Emmons. And, the National Forest and Crested Butte's Upper Loop trail system is literally steps away from the front door of this amazing home.The sale is one of a number of luxury property sales occurring in the Crested Butte market in 2010. Activity in the lux...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Crested Butte Mountain Resort just sent out a mid-summer report filled with some interesting news. On the real estate sales front 2010 has been a much better year than 2009.  Ten of their Lodge at Mountaineer Square listings and another four re-sales have sold or are under contract in 2010.  Their sales department told me that numerous properties are receiving multiple offers and some listings being sold for full price or more. The resort's summer visitor business has picked up considerably as well. CBMR is experiencing the best summer business levels in the history of the company with every revenue center and operational department performing at or ahead of budget.  Their hotel occupancy for July will be up 25% over last summer and lift ridership is up 21%. The addition of Mini Golf to...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, This is a good sign.  I have noticed a few more owners here in Crested Butte starting to build their homes.  This is a trend that may be increasing as land costs and construction costs are way down.  Call me for some current listings or to be put in touch with a reputable home builder.  I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area. Cheers,CoreyCorey Dwan Benson Sotheby's International Realty970-596-3219 Cell Corey.Dwan@SothebysRealty.comwww.CrestedButteForSale.comBy Nancy Miller, contributorJuly 30, 2010: 2:16 PM ET   FORTUNE -- It take...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,Looks likes it not over till it's over.  Talks will resume soon regarding the proposed Snodrass Expansion.  Hopefully some ideas will come about that both sides can agree on.  Having lived in Crested Butte for five years as a licensed REALTOR in the state of Colorado, I have created a successful business and client base focusing on residential and commercial property. I am personally invested in multiple real estate ventures in Crested Butte and I'm bullish on the Crested Butte market from the perspectives of both a real estate agent and owner. I couldn't imagine living anywhere else in the world.Cheers,CoreyCorey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,Every week in the summer we have something going on and this weekend it's the Art Festival.  Book your Crested Butte condo or home now before they are all gone.  If you need assistance try Alpine Getaways to rent the quintessential Crested Butte property for your stay. And while you are here call me to view some property, you'll need a mountain home to display all of your new art! Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, New home sale up a significant amount over last month.  We'll take any positive news we can!  Although sale remain sluggish for the year hopefully this is a sign of thinks to come.  Sales are definietly up here in the Crested Butte area as prices have fallen to the lowest they have been in years. Call me as I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area. Regards,Corey Dwan Benson Sotheby's International Realty970-596-3219 Cell Corey.Dwan@SothebysRealty.comwww.CrestedButteForSale.com NEW YORK (CNNMoney.com) -- New home sales rebounded in J...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Around the state of Colorado and here in Crested Butte, home sales - including luxury homes - are on the rise. In the Denver metro area, luxury home sales reached the highest point in nearly two years this June, demonstrating a steady improvement in the luxury home market. Sixty-seven homes sold for $1 million or more last month, up 3% from June 2010. Among the priciest pads sold last month in the Denver area was a six-bedroom, five-bathroom 9,207 square foot Denver home that sold for $3.95 million. According to the Denver Business Journal, this peak in sales can be attributed to super low mortgage rates and competitively priced homes.Resort towns in Colorado are experiencing similar luxury market conditions. Towns like Telluride and Vail are reporting a serious uptick in luxury home sa...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
A 70 mile trail to Crested Butte?  Yes, you heard it right.  Eventually this trail will go from Carbondale to Crested Butte.  What an amazing day or two that will be for anyone who love mountain biking.  And once you are here you'll have access to the countless trails already here for your mountain biking pleasure. Widely known as the birthplace of the mountain bike, Crested Butte is home to some of the best Colorado mountain biking, and single track riding. Crested Butte mountain biking is like nowhere else, with lush high alpine trails that offer everything from technical descents, to long, fast and smooth singletrack. Our high elevation of 9,000' allows for rides with some incredible and majestic scenery whether your riding in the shadow of the surrounding peaks, or hurtling down th...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, As with prices in Crested Butte, up to and in some case more than 50% off the highs, it looks like prices have been slashed everywhere for the busy summer season.  Sellers who wish to sell know that they must be so competitively priced that their property stands out and ultimately receives an offer.  Prices are at their lowest in years in Crested Butte so if you would like more information on your dream mountain home or ski in/ski out condo call me. Cheers, Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com SELLERS FEEL THE HEAT AS THEY CONTINUE TO SLASH HOME PRICES THIS SUMMER Down Economy and High Levels ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,The memory of Matthew Shepard will take to the slopes next spring with the inaugural Butte 11: Matthew Shepard Foundation Gay Ski Week, to be held at Crested Butte Mountain Resort.  This will take place March 19th through the 26th.  Click below for full story, come on out for some skiing and support the Mathew Shepard Foundation.Cheers,CoreyClick Here for Full StoryCorey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Crested Butte is know as the "Birthplace of Mountain Biking" with amazing stories of locals racing to Aspen on custom made townies.  Over the years the bike were tweaked further to eventually create the Mountain Bike.  Read the following story for a very interesting historical account of the most famous race in Crested Butte. Come on out and ride your bike on Colorado's best mountain bike trails.  Bring your large lungs as you will need them in our beautiful valley.  Interested in a dream mountain home?  Call me to receive some listings with all your needs in mind. I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as c...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Here is a very informative article on our Wine and Food Festival coming up in Crested Butte, Colorado.  Come join in the fun and look at some property while you are here. Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby's International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby's network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My List...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
More good times to come in Crested Butte.  If you missed the 4th of July make sure you do not miss the Food and Wine Festival.  If you would like more information please do not hesitate to call me anytime or feel free to visit my website. I relocated to Crested Butte in 2005 from Denver where I still own investment properties that I have nurtured over the previous 11 years.  I have been deeply involved in real estate purchasing, selling and investing since 1999. Having lived in Crested Butte for five years as a licensed REALTOR in the state of Colorado, I have created a successful business and client base focusing on residential and commercial property. I am personally invested in multiple real estate ventures in Crested Butte and I'm bullish on the Crested Butte market from the perspec...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone,Great news today as we receive formal notification of the direct flights between Houston, TX and Crested Butte, CO.  A long time coming I personally have many clients that will be thrilled of this convenience.  Most of our guest and second homeowners are from Texas and many from Houston who have not purchased their home due to the difficulty of getting here.  The game has changed now.  Call me for all of your real estate needs. I relocated to Crested Butte in 2005 from Denver where I still own investment properties that I have nurtured over the previous 11 years.  I have been deeply involved in real estate purchasing, selling and investing since 1999. Having lived in Crested Butte for five years as a licensed REALTOR in the state of Colorado, I have created a successful busi...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, Looks like some good activity in the Colorado land market.  With land being some of the hardest hit in Colorado it appears the prices have fallen low enough for investors to snatch up the bargains.  With a extremely large amount of land listings in Crested Butte, CO I suspect we will see some move this summer, prices have droped 75% is many cases.  Call me if you are interested in purchasing some Crested Butte land this summer. Cheers, Corey Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com Denver Post: Despite softening sales in the new-home market, national home building companies in the Denver area are ...
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We are having the hardest time selling land in Crested Butte currently which creates the best time for a community to make a deal for open space.  Almost 400 acres now saved for all future generations.  Can't we just use this as a swap for the expansion on Snodgrass?  A little give an take? We still await the decision for appeal regarding that situation.  I will update you all of the final outcome.  Now is the best time to purchase in Crested Butte, with price reductions over 50%.  Call me if you would like to set up a time to view some amazing Crested Butte property.Cheers,Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Hi Everyone, One sign that real estate may be on the mend.  With interest rates at all time lows and many qualified buyers actively purchasing it appears the Manhattan real estate market has gained some strength.  Hopefully this summer in Crested Butte we will have many more sales than last.  We are already have 50% more properties sold or under contract this year so the future is looking bright for a reduction in inventory.Contact me if you would like some available listings sent your way.Cheers,Corey Dwan - REALTORBenson Sotheby's International RealtyP.O. Box 210 433 Sixth Street Crested Butte, CO 81224970-596-3219 Cell 970-325-3219 World Wide Cell970-349-6653 Office970-797-1810 Fax www.CrestedButteForSale.com Manhattan housing on the rebound NEW YORK (CNNMoney.com) -- Manhattan home...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Channing Boucher of Benson Sotheby's International Realty in Crested Butte Colorado just sold Lot 4 at the Slate River Estates neighborhood in rural Crested Butte. Located just 2 minutes from downtown Crested Butte, the 1.7 acre parcel was the original Slate River Estates developer's personal parcel. The homesite features commanding views in all directions including an unobstructed view of Mt Crested Butte and the Paradise Divide mountains. The parcel was listed by Prudential Realty in Crested Butte and it sold for $300,000.
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
View the Crested Butte Real Estate Insider Issue #6 Online Here Happy Independence Day from Crested Butte Colorado!The summer is in full swing in Crested Butte. Many special events and activities are on the calendar for the 4th of July and the weather has been incredible.Crested Butte Mountain Resort (CBMR) has been busy with improvements. The ski company announced recently they will be renovating the Treasury Building to add more seating and new restrooms. The popular Trailheads Children's Museum has moved across the walkway to the Outpost Building. On the ski hill, CBMR is glading different areas to open up some new ski lines and most importantly, the Paradise Warming Hut sewer is being fixed. If you have ever waited in the lift line at Paradise you know what this means! Hooray!CBMR h...
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