I am very pleased to announce another successful week of selling real estate in Crested Butte Colorado. Two of my exclusive listings sold: 599 Nicholson Lake Ridge Road sold for $1,575,000 and 506 7th Street sold for $750,000. Overall, the real estate economy continues to improve in our local market . Home and condo sales have increased over 35% compared to 2012 and in some locations prices are rising for the first time in 5 years. While the residential segment of the market stages it’s comeback, the vacant land / home site segment is still sluggish for sellers. Land is selling, showing a mild improvement in 2013 most likely due to the sell off of residential properties, but as a general comment, buyers still have a strong opportunity to purchase small and large tracts of land and homesites at prices that resemble very low, pre-2004 values.
About 599 Nicholson Lake Ridge Road – Green Built Masterpiece
The property was completely remodeled in 2004 by Green Robin Builders and Andrew Hadley Architects. The green, eco-friendly home features passive solar design, reclaimed Heart pine wood floors by Renick with radiant in-floor heat fed by the ground source heat pump, American Clay walls and high R-value organic insulation. Other highlights include Tim White center island and media cabinets, Neil Kelly custom ash kitchen cabinets, a Wolf range, slate kitchen counters, a floor to ceiling rock fireplace and incredible beam work anchoring the vaulted ceilings, an elegant lighting package and a whole house sound system. Guests are accommodated with style in the detached, 1 bedroom eco-cottage featuring straw and clay insulation, wood and rammed earth flooring, a kitchen and a full bath. Learn more about this property >
About 506 7th Street – Primo Location on the Park
The best of both worlds! The home functions as an ideal vacation home that earns rental income but would certainly suit as a local, year round family. The property enjoys a sweet location across the street from the open spaces of the town park. The spacious living and dining areas feature vaulted, wood ceilings anchored by a gorgeous tile and adobe fireplace. The big galley kitchen features a gas range and stainless hood, a country sink, plenty of storage and space for a breakfast table too! The stylish bathrooms feature eye catching subway tile and flooring, decorative trim, fixtures and lighting. In floor radiant heat, air-lock entries on each end of the house, skylights and designer lighting complete the well appointed interior. Outside the mature trees, landscaping and fenced yard compliment the stone patio and hot tub and deck. Check out the photo gallery >
For more information or to simply discuss the market, feel free to call me directly in Crested Butte.
Benson Sothebys International Realty