Crested Butte Mid-Summer Real Estate Report

Crested Butte MidSummer Real Estate Report

Mid-Summer Real Estate Report


Crested Butte’s summer season is in full swing and demand for our real estate continues its promising trend. 104 residential properties have sold year-to-date in the Crested Butte area, representing $46 million in sales. Another $21 million in listings (34 homes and condos) are currently under contract.  18 vacant land parcels have sold this year with two notable transactions. The last undeveloped parcel on the west end of Teocalli Avenue in Crested Butte sold for $550,000 and a homesite located on Kubler in Crested Butte South just sold for $185,000.

The Highs & Lows Year-to-Date

The most expensive residential sale:  A 4,777 sft.  Skyland home sold for $1,950,000.
The least expensive residential sale:  A 391 sf. Grand Lodge studio sold for $55,000.
The most expensive land sale:  A Town of Crested Butte homesite sold for $550,000.
The least expensive land sale: A Crested Butte South .41 acre parcel sold for $32,000.

High Profile Home Auction in Crested Butte on July 28th

Named one of “America’s Finest Homes” by Frontgate magazine, Hassford Gulch in Crested Butte features distinctive English country house architecture on a picturesque 2.2-acre mountain setting. Soaring windows beautifully frame the rock-cliff backdrop of Mt. Crested Butte and the 5th tee-box of the Club at Crested Butte.

Originally listed above $5.1 million, Hassford Gulch aka 130 Whetstone Vista Drive is set to go to auction on July 28th. The home is a masterpiece of historical design, often called “The Castle” or as the architects refer to it, “Copper Baron”.  Featuring absolutely stunning views of the majestic Elk Mountains, the site for this “heritage home” is literally carved out of ranch land, retaining the quality of protected views that its enjoyed since the days when the ranch was operational. Impressive yet private, the vaulted ceilings and limestone walls compliment the home’s naturally beautiful surroundings, matching the captivating, rock cliff backdrop of Mt. Crested Butte.

New Ski Homes Under Construction in Mt Crested Butte

Crested Butte’s newest luxury homes are under construction at Wildhorse at Prospect. Two, 4,000 ft. homes are set for delivery in early 2015. Wildhorse at Prospect is an intimate enclave of ski homes located across from Crested Butte Mountain Resort’s ski slopes and Gold Link ski lift. The views from this location are stunning and the ski and trail access is unparalleled.

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