Crested Butte, CO Real Estate News

By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
There are still plenty of fall colors to see in the Crested Butte Area! This list of 5 Must-See Places for Crested Butte Fall Color is a good start for any leaf looker. The list was compiled by local photographer, Dusty Emerson and judging by his photos, he knows all the sweet spots. Of course, Kebler Pass (home of the world’s largest aspen grove) is on the list in addition to other nearby areas. Many of them require little to no travel from the heart of town and my personal favorite, The Castles, can be seen clearly from Ohio Pass. The peak has passed in some areas, but you may still be able to catch a glimpse of that bright yellow hue alongside the golds and deep oranges this weekend. The amazing Crested Butte Fall Color won’t stay much longer, so make plans to see them soon. Grab you...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am excited to represent a truly spectacular offering at Jacks Cabin. This 41+ acre ranch is located only 12 miles from Crested Butte, upstream from the Roaring Judy Fish Hatchery. Straddling both sides of the legendary East River, the property enjoys private trout fishing, beautiful landscaping, trout and duck ponds, good hay ground, and a fully equipped horse and livestock corral and barn facility. The spacious ranch house features two, floor-to-ceiling rock fireplaces, vaulted, beamed ceilings highlighting the tongue and groove pine, a big entertaining room with a wet bar and stunning views of the river and mountains from every window. Both the main house and guest quarters feature gorgeous beetle-kill pine accents throughout and impressive tile and wide plank wood floors. Gunnison’...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
It’s that time of year again. Colorado’s fall colors are nearing their peak and there are some great spots for a front row seat to the vibrant colors! Kebler Pass, just outside of Crested Butte is home to the world’s largest aspen grove. It also happens to be the second largest living organism on Earth- definitely worth checking out. If you need more leaf looking, there are nine other places on this list of 10 Best Places To See Colorado’s Stunning Fall Colors. You may get better views if you steer clear of passes high above 11,000 feet elevation, as you will find yourself high above the trees. Beware of stopping vehicles and pedestrians with cameras…have fun out there!If you re interested in the worlds largest living organism, it’s a honey fungus in Oregon. 
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
The Resort Report is a bi-annual publication from Sothebys International Realty. Our local Crested Butte Sotheby’s office contributes market data along with the other western U.S. ski town Sotheby’s franchises including Aspen, Telluride and Steamboat Springs.  The Report demonstrates Mid-Year 2015 results, with a recap of activity from January 1st to June 30th.View the Report Here:http://crested-butte-real-estate.com/crested-butte-sothebys-mid-year-real-estate-report/ Thanks for visiting,Channing BoucherBroker AssociateBenson Sothebys International Realty970-596-3228 
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
It was a busy week for Crested Butte area ranch sales. Two of my exclusively listed ranch offerings sold: 426 Red Mountain Ranch Road and 2200 Eagle Hill Road sold in all cash transactions. This sales activity signals a return of demand for rural Crested Butte and rural Gunnison ranch properties.426 Red Mountain Ranch located high on Red Mountain sold for $2,750,000. 426 Red Mountain Ranch is a flawless interpretation of the Grand Lodge architectural style with an integrity of craftsmanship rarely found. Architect and Builder combined here to create a magnificent home on a stunning piece of land. The home flows from space to space with a subtle balance of privacy and gathering. Exceptionally appointed with antique rugs, modern technologies, one of a kind art and furnishings, and graced ...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to let everyone know about another successful real estate transaction in the town of Crested Butte. I represented the purchaser of the property located at 417 and 417.5 Whiterock Avenue. At the front of the 9,375 SF south facing parcel lies 417 Whiterock, a historic two bedroom, 1 bath home and out back 417.5 Whiterock is a one bedroom 1.5 bath unit. The oversized lot features a big fenced yard, alley access in the rear and nice views of Gibson’s Ridge to the south. The property sold for $675,000. View this property’s webpage for details.
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am pleased to announce another successful real estate transaction in Crested Butte Colorado. I represented the purchaser of the fine town home located at 724 Teocalli Avenue. The property was listed by my fellow Sothebys agent Kiley Flint. The well-maintained town home features awesome views of the northern mountains, a fenced and landscaped yard and a coveted garage space with additional storage. The 3 bedroom, 2 bath, 1553 sf property sold for $548,000.MLS Description:Flawless modern touches intended for low maintenance living. This updated three bedroom, two full bath property is located on a great street in the east side of Crested Butte. Updates include wood flooring, kitchen cabinets, soapstone kitchen countertops, lighting and paint. The outdoor patio with incredible mountain v...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very pleased to announce two successful real estate transactions here in Crested Butte Colorado. I represented each buyer on their purchases of a 11,250 sf "in-town" homesite. The first buyer chose the parcel located on the north side of the 900 block of Belleview Avenue paying $500,000 and the second buyer chose the parcel located directly across the street on the south side of Belleview. This parcel sold for $495,000. These oversized, “double” parcels feature protected views of the surrounding mountains and the Upper East River Valley.  Five homesites in the town of Crested Butte have sold year-to-date. When we look back on 2015, these two transactions will be considered a strong value and excellent opportunity for the purchasers. Values for in-town homesites are skyrocketing. O...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
"Roof Tops" by Diana Ong     Hi Everyone,   Happy 4th of July from Crested Butte, Colorado! Summer is here in full swing and it's time for parades, BBQs, hiking, mountain biking, fishing, golfing and most importantly purchasing that dream mountain property you have been waiting for. With summer's arrival so has the appearance of the Crested Butte buyer and with current price levels I foresee many sales occurring in the next few months. So far this year we have seen sales totaling $35,844,153 of single family, town homes and condominiums in the upper valley with an average reduction off of list price of 12%. Compared to the same time last year we have increased sales by over $7,000,000 and interestingly increased the average discount by only 3%. Historically we sell more inventory in ou...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to announce another successful sale in the beautiful resort market of Crested Butte Colorado. The renovated historic home located at 107 Elk Avenue sold today for $875,000 and $450/sf.  Learn more by visiting the site.  PropertyDescription:  A beautifully renovated Crested Butte historic home (2005) designed by a local architect and interior designer.  Located at the quiet end of town on Elk Avenue, the property is a true Colorado charmer.  Enjoy luxurious appointments throughout including hardwood floors, the designer furnishings and lighting package, a granite laden, high end chef’s kitchen, vaulted, wood and beam ceilings and a gorgeous rock fireplace anchoring the living room. 107 Elk Avenue is a highly popular Crested Butte vacation rental. The home sleeps up to 10 people i...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Today’s Edition of the Crested Butte Real Estate Advisor View Today’s Crested Butte Real Estate Advisor Newsletter Here2014 will be remembered as another incredible year for Crested Butte. Our local economy continued its improvement on many fronts including increased tourism, rising real estate sales and property values and a serious spike in new construction and home renovation activity.Visitors and investors alike are increasingly bullish on Crested Butte and some of the significant factors are highlighted in the Town Manager’s just released 2014 report below. From my perspective, Crested Butte is on a roll. Our tourist economy has improved into a year round affair, sales tax revenues are way up and we appear to be following our plan of action to further enhance our amenity-based tour...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Pleased to announce another successful real estate transaction here in the wonderful Town of Crested Butte Colorado. I represented the purchaser of the 6,000 sf parcel located on the street corner of  7th and Elk Avenue. The homesite enjoys nice solar gain, views of the surrounding mountains and quick access up Elk Avenue to Crested Butte’s downtown shops, galleries and restaurants. The ski resort shuttle stop is a short walk from this location. The property sold in a all-cash transaction for $477,500. View this property's description and photo gallery here >>>
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Bud Light in Crested Butte. Whatever, USA Benson Sotheby's Ad Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com          
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
The Crested Butte Collection - Fall is Around the Corner Corey Dwan | Realtor The Crested Butte Collection August 2014 Edition Town Tidbits A taste of fall has touched our valley as colder evenings (a hat would have been nice this morning), rainier days and a few snow capped peaks have made their annual appearance. Labor Day weekend has come and gone but yet our small mountain town remains bustling with visitors. Mt. Crested Butte lodging sales tax revenue is up 25% and 14% in Crested Butte. Retail and restaurant tax revenue is up 8% to 31% from 2013 so it is evident we're busier than ever. Town council unanimously approved Bud Light's temporary take over of Elk Avenue to transform our town into a blue fantasy land titled Whatever, USA. Town will receive a gift of $500,000 and all the b...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
1071 Gothic Road, Crested Butte - Exterior Corey Dwan of Benson Sotheby's International Realty is pleased to announce that 1071 Gothic Road located in rural Crested Butte, Colorado is under contract via Buyer representation. This 1994 home is located hillside on 4.45 acres between Mt. Crested Butte and Crested Butte. Enjoying sweeping views of the entire valley and privacy from the highway this property has a seasonal creek, pond, 2,922 sq. ft., four bedrooms, three full baths, two car garage and wrap around decks. Offered for $650,000 so stay tuned for sales price. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteForSale.com           1071 Gothic Road, Crested Butte - Living Room 1071 Gothic Road, Crested Butte - Kitchen
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
Excited to announce another successful real estate sale here in beautiful Crested Butte Colorado. I represented the purchaser of the classic Crested Butte Victorian property located at 110 Third Street.  Built in 1976, the home enjoys a desirable west side location on a very quiet side street. The Coal Creek foot bridge and Totem Pole park are just up Third Street for convenient  and walkable access to and “from” Elk Avenue dining and nightlife. Property highlights include a hot tub deck and a big family room with a bar, pool table, juke box and piano. The 2,614 sf, three bedroom sold for $825,000 Learn More About This Property
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  I am pleased to announce another successful real estate sale in the beautiful town of Crested Butte.  I represented the purchaser of the fine property located at 707 Elk Avenue in Crested Butte Colorado. The home was listed by Keller Williams. The beautifully renovated and outfitted five bedroom home sold in an all cash transaction at $1,209,995.Learn more at my Crested Butte Real Estate Guide.   Description & Photo Gallery Borrowed from the MLS and Listing Agent: Ready to be wowed? Step inside 707 Elk and experience the ultimate mountain modern luxury. These home owners did not miss a beat with this stunning remodel. Upon entering the property, you are greeted with gorgeous hand hewn wood timbers, hand peeled floors and a custom metal artwork. The living room features ample space fo...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
  Strong Summer Pushes Market Up in Crested Butte Summer is over but the real estate economy in the Crested Butte area is as vibrant as our wildflowers and sun splashed peaks. Construction activity including new housing starts has also picked up significantly throughout the valley. In addition to the many custom homes being built, the 'spec home' segment continues its rebound with new luxury home offerings currently under construction in Prospect, Wildhorse at Prospect and the town of Crested Butte. This summer, demand rose for higher end properties and it appears prices in general are headed higher in most locations around the valley.  We've already sold $60 million worth of single family homes (71 sales) and another $31 million in condos and town homes (117 sales). The median sale pr...
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By Channing Boucher, Crested Butte's Trusted Real Estate Advisor
(LIV Sotheby's International Realty)
I am very excited to announce the successful sale of the property located at 102 & 104 Maroon Avenue. Located in the highly desirable west end of Crested Butte, the original historic property underwent an amazing transformation in 2008, completely restored and preserved by Johnny Biggers and Crested Butte Builders. Historic preservation issues include jacking up the old structure without harming it and pouring a new foundation underneath. Renovating an historic structure is more costly than building a new structure from scratch.  Historic preservation regulations are stringent, not only with the Town of Crested Butte, but also with the State of Colorado. Multiple permits are necessary. The main house features reclaimed wide plank oak wood flooring, hand-hewn reclaimed wood beams and a ...
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By Corey Dwan, Crested Butte Real Estate Expert
(Crested Butte Collection)
Corey Dwan of Benson Sotheby's International is pleased to announce the recent sale of his listing at 622 Teocalli Avenue, Unit 8B, Crested Butte, Colorado via Seller representation. This in-town three bedroom, two full bath, fully furnished Meadows condo has a small creek running out front, great views of the Paradise Divide and low dues. Listed for $290,000 and sold Friday for $275,000 cash after only 42 days on the market. For all of your listing and buying needs call Corey Dwan for a market update and details of real estate service. Corey Dwan – REALTORBenson Sotheby’s International Realty970-596-3219www.CrestedButteCollection.com           
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