Record Setting Sale in Crested Butte

Sold by Channing Boucher: 313 Sopris

I was fortunate to assist the buyer and seller on the sale of the stunning offering at 313 Sopris Avenue located in the historic west end of Crested Butte. The transaction represents the latest record breaking sale for a luxury property in town.  At $2,750,000 the sold price per square foot reached $838, a new record for the in-town marketplace. See the photos and video at the webpage here >


In the heart of Crested Butte’s historic west end and perched on “Sopris Hill”, 313 Sopris is a brilliant renovation of one of town’s oldest properties. Dating to 1881, it was first known as the Pioneer Apartment Hotel. The Spehar family owned the property from 1926 to 2014. Today, the completely restored home expertly recaptures its heritage with a beautiful mix of reclaimed elements and modern appointments throughout three levels. Home highlights include designer lighting, a mix of reclaimed and new wide plank wood floors, high-end kitchen appliances, a butlers pantry, a wet bar and a heated walkway to the front door. Comprising 6 bedrooms and 6 total bathrooms, there is plenty of room for family and guests to relax after a day on the ski slopes or mountain bike trails. And, the absolutely stunning panoramic mountain views make 313 Sopris a very special offering considering its in-town location.


The lower level features two bedroom suites with attached baths and a spacious family and home theatre room. The main level’s open floor plan flows nicely from the master suite to the living area, kitchen and dining room. Upstairs, a second master suite, two more guest bedrooms and a full bath plus a sitting round out this amazing offering. Its a two minute walk to Elk Avenue dining, shopping and nightlife and the ski resort shuttle picks you up a block away. The .22 acre property includes a 1-car garage and a big historic barn with a variety of potential uses.

SOLD: 313 Sopris Avenue


SOLD: 313 Sopris Avenue

Aspen’s Past Lives in Crested Butte

Skiers Paradise

View This Month’s Crested Butte Real Estate Advisor Newsletter with Listings


Greetings from Crested Butte!


I just read an interesting opinion piece from Aspen Times writer Tony Vagneur: Aspen’s Past Lives in Crested Butte. Tony visited our town recently – for the first time – and he drew many parallels between Crested Butte today and Aspen 50 years ago. Crested Butte is experiencing an incredible surge in tourism and real estate investment causing many year round locals and 2nd homeowners alike to pause and wonder what our future holds. Crested Butte has done a lot of no-growth policy making over the years but it seems to me the more we’ve tried to stop it the more attractive we’ve become. Exclusivity does this. People want a piece of something special and right now the world is catching on to what has been created here. In some ways, we’ve already become a “mini-Aspen”.


Tony writes: “Crested Butte, the original town, is like any other mountain locale in that it must somehow find a way to keep its identity in the midst of rising popularity and growth. For now, it’s a wonderful slice from the past, a brand that says, “This is how we want to be.” There is a palpable fear among many of the residents that the Butte may one day become like Aspen.”


“That could happen, and may I say without blushing that Crested Butte is very similar to Aspen 50 or 60 years ago. Take a stroll down any street in town — there aren’t that many — and Aspen’s past jumps out at you. Wide residential streets with plenty of parking, dirt shoulders without sidewalks, and city lots considerably larger than the relatively small houses that sit on them. No lot-line-to-lot-line nonsense.”


Read the entire article at the Aspen Times.


Enjoy the rest of this beautiful summer season!


Channing Boucher
Broker Associate
Crested Butte | Sothebys International Realty
401 Elk Avenue
Crested Butte CO 81224
970-596-3228

Channing Boucher Ranked One of Americas Best Agents

Americas Best Real Estate Agents

FOR IMMEDIATE RELEASE



Contact:
Doniece Welch
dwelch@realtrends.com
303-741-1000

Channing Boucher was Named to the 2017 REAL Trends America’s Best Real Estate Agents in Colorado

(Crested Butte, CO, July 4th 2017) Channing Boucher of Crested Butte Sothebys International Realty was named one of America’s most productive sales associates as a part of REAL Trends America’s Best Real Estate Agents, the newly issued ranking report produced by REAL Trends and sponsored by Zillow Group. Channing is now a member of the “America’s Best Real Estate Agents,” and ranked number 35th for the state of Colorado.


REAL Trends America’s Best Real Estate Agents ranks over 12,600 residential real estate professionals solely based on their excellence in real estate sales during calendar year 2016. All production numbers are independently verified by a third-party in order to ensure accuracy and report integrity. “This group of highly successful real estate sales agents represents less than 1 percent of all real estate practitioners in the United States,” says Steve Murray, publisher of REAL Trends America’s Best Real Estate Agents and president of REAL Trends.


To qualify for inclusion, an individual agent must have closed at least 50 transaction sides or $20 million in sales volume in 2016. The individuals ranked in America’s Best Real Estate Agents had an average of 73 transaction sides and an average sales volume of almost $37 million. This ensures that only the best of the best are included on the prestigious list.


“The average residential real estate agent in the United States closed 8.6 transaction in 2016 and had less than $1.3 million in sales,” said Murray. “To say that Channing is an exceptional sales professional is an understatement. To attain this level of sales is truly outstanding.” “We are also pleased that two of the nation’s most prominent online real estate websites, Trulia® and Zillow®, have partnered with REAL Trends to bring a superior level of customer exposure of these sales agents’ performance,” Murray added.


“I am obviously pleased and honored to be ranked one of the country’s top residential real estate agents,” said Channing. “It represents the time and effort that I put into each customer that I serve and how much work it takes to build a successful real estate career. The level of sales it takes to qualify makes it a truly special recognition.”


Information on those receiving this recognition can be found online at http://www.americasbestre.com.


ABOUT REAL TRENDS
REAL Trends is a privately-held, Colorado-based publishing, consulting and communications company specializing in the residential brokerage and housing industries. Recognized as the leading source of trends in the industry, REAL Trends, The Trusted Source, also publishes the REAL Trends The Thousand, as advertised in The Wall Street Journal and the REAL Trends 500, which ranks the top brokerage firms in the United States. Visit REAL Trends at www.realtrends.com.


Zillow is a registered trademark of Zillow, Inc. Trulia is a registered trademark of Trulia, LLC. These marks are used with permission.

– END –

Just Sold in Crested Butte: 119 Whiterock

SOLD: 119 Whiterock

Pleased to announce another successful real estate transaction here in beautiful Crested Butte Colorado. Today, I represented the purchaser of the alley house located at 119 Whiterock in the historic west end of town. The 2 bedroom, 2 bath home weighs in at 1,442 SF and enjoys off-street parking and a nicely landscaped and fenced yard. The home enjoys an attractive floor plan with  living, kitchen and dining areas on the main level and two bedrooms with a newly renovated bathroom with steam shower upstairs. Other highlights include efficient in-floor radiant heat and an air lock entry/mudroom.  Central to everything, its convenient to catch the ski resort shuttle around the corner or walk to Elk Avenue dining and shopping. The property sold for $765,000.


SOLD: 119 Whiterock


SOLD: 119 Whiterock


SOLD: 119 Whiterock

Open House: Tuesday June 27th 11 am to 2 pm in Crested Butte

313 Sopris Avenue

Public Welcome
OPEN HOUSE at 313 Sopris Avenue
Tuesday June 27th – 11 am to 2 pm.



Come tour Crested Butte’s latest historic home restoration masterpiece: 313 Sopris Avenue. The Project of the Year for a rehabilitation to a historic home in 2016 was awarded to the sellers of the property for the rehabilitation, addition and historic preservation work of one of Crested Butte’s oldest residential buildings. This iconic property sits atop the hill on Sopris Avenue in central Crested Butte. According to the historic building survey, Crested Butte founders Howard Smith and George Holt erected the building in 1881 as the Pioneer Apartment Hotel. Today, the completely restored home expertly recaptures its heritage with a beautiful mix of reclaimed elements and modern appointments throughout three levels. Home highlights include designer lighting, a mix of reclaimed and new wide plank wood floors, high-end kitchen appliances, a butlers pantry, a wet bar and a heated walkway to the front door.


313-Sopris-Interiors-9

313-Sopris-Interiors-28



313-Sopris-Interiors-30

Sold this Week in Crested Butte: 311 Whiterock Avenue

SOLD: 311 Whiterock Avenue

Pleased to announce that my exclusive listing located at 311 Whiterock Ave in the center of the historic town of Crested Butte sold successfully. Originally built in 1890, this historic Crested Butte home was completely renovated in 2001 and the accessory dwelling was added in 1999. The main house features 2 spacious bedroom suites with attached bathrooms, a chefs kitchen with granite tops, custom cabinets and stainless steel appliances. Other highlights include vaulted ceilings with exposed beams and skylights that create lots of natural light.


The property sold for $800,000.

New York Times editor Mike Powell writes a real estate column called “What You Get”. It is a weekly look at real estate offerings from around the United States that fall within the same price point. Mike included this.


See the NY Times Article Here


311 Whiterock Avenue

311 Whiterock Avenue


Record Breaking Sales Price in Town

SOLD: 606 9th Street

Today I sold my exclusive listing located at 606 9th Street in the historic mining town of Crested Butte. The sale price was $2,725,000 beating my previous sales price record of $2,700,000 for the home I sold a few months ago at 919 Belleview Avenue (also located in the town limits of Crested Butte).  Both of these properties represent the best our town has to offer in terms of location, views and quality of craftsmanship and use of the finest materials.  Enjoy the video tour of this incredible property below.


One of the finest offerings in our marketplace, 606 Ninth Street artfully combines stunning architecture and interior design worthy of its amazing setting on the eastern edge of Crested Butte. The protected views of the mountains and open spaces are masterfully captured creating a daily sense of awe and inspiration. Interior highlights include a tasteful mix of eye popping hardwood and tile flooring, reclaimed trusses, imported interior doors, designer lighting and forged iron handrails and accents throughout. Standing in the living room, you will notice the impressive 15′ floor-to-ceiling rock fireplace mimics the commanding presence of the cliffs of Mt. Crested Butte. Other design highlights include antique stair risers with accent lighting and a hand-forged steel hood anchoring the well appointed Wolf-Sub Zero kitchen. The media room with its attached bath could easily function as a fifth bedroom suite and the spacious detached garage with custom built-in cabinets features an office space above with an attached bathroom. The home was completed in 2016 by renowned local builder Jim Faust and the beautiful landscaping including hardscape patios and walkways, mature trees, a gorgeous reclaimed oak wood fence, the hot tub and fire pit were added later.

Avoid Mistakes in a Changing Market

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View This Newsletter with Featured Listings


Greetings from Crested Butte!


If you’ve been following my newsletters you know that our local real estate market is undergoing a respectable rally. Its been a long time coming since the economic meltdown of 2008. Home and condo prices around the valley are improving and demand for our real estate is now as diversified as its ever been. While demand from our traditional feeder markets of Texas and Oklahoma has waned (likely due to the crash of the oil market) investors are now showing up from new places like Denver, Boulder, the Northeast and the West Coast.  This new breed of buyer is pursuing our real estate with an intensity that is driving our market’s recovery. They are younger, financially empowered and their property usage patterns are different from their predecessors – summer use and winter use are equally important.


When buying real estate in stunning communities like Crested Butte, judgment can be clouded by emotions and you might be operating without a complete understanding of the market conditions. With the exception of the Town of Crested Butte where scarcity of land plays a significant role in home values, there is a ton of vacant land inventory all over the valley. There are 255 land listings currently and values are still 40%-50% off their peak from 2006. This equates to a 3.5 year supply of land.


So, here is some friendly advice for saavy real estate investing in a changing market:

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