Today, Benson Sotheby’s broker Channing Boucher sold Lot 7 at the Summit ski in ski out neighborhood in Mt. Crested Butte, Colorado. This sale is the fourth Summit parcel sale since December. What is driving the buying activity? Incredible offer prices and a superior location!
The Summit subdivision is located above the WestWall Lodge ski lift. The homesites at Summit feature absolutely amazing mountain and valley views and of course, primo ski in ski out access for many of the properties.
During the 2006-2007 peak of our real estate market, four Summit parcels sold between $675,000 and $820,000 each. Today, prices fetched for similar Summit parcels range from $137,000 to $175,000. Lot 7 sold today for $157,500.
Remarkable opportunities for Crested Butte real estate to say the very least.
For detailed analysis and information about our local market, contact Channing Boucher today.