Just Listed: Custom Adobe Straw Bale at Eagle Ridge Ranch

The Dining Room

Visit 111 Eagle Trail Drive Website >


Between Gunnison and Crested Butte, and set in one of Colorado’s most beautiful and photographed valleys, Eagle Ridge Ranch (ERR) is a rare blend of breathing space and community. Comprising 4,900 acres with conservation easement owned by only 15 lucky families, ERR is a working cattle-hay ranch balancing exceptional recreation opportunities and wildlife preservation. The home is where architect, artisan and builder united to create a stunning yet comfortable home worthy of its spectacular setting – 360-degree views that capture incredible sunny days, postcard sunsets and starry nights. This is an authentic western Colorado dream.


Architect Elizabeth Metz brought the seller’s vision of ranch aesthetics with sustainability to life, artfully combining a smart ranch house floor plan, replete with custom elements, natural materials and eco-friendly construction techniques. Of these, old world, straw-bale walls are the most prominent. Cool in the summer and warm in the winter, the result – Casa Tres Unos – is an authentic and environmental 6 bedroom / 4 ½ bath ranch home.


Kitchen Island Detail


Walking through the front door you’ll notice the massive 18” thick walls plastered with clay sourced from the property, giving a sense of organic warmth and comfort that carries throughout the home. The main hallway leads past beetle-kill pine wall treatments and the stairwell’s custom steps and forged hand rails into the family room, with adobe floors, plaster walls, a fireplace and saloon-style ceiling décor. Down the main hallway you’ll find the bar with custom concrete counter and motifs.


Pizza Oven and Kitchen Detail


Next is the kitchen, spaciously designed for functionality and entertainment. It is the heart of the home. It features a massive concrete island, wood-fired stone and plaster pizza oven, wide plank pecan floors and a stunning custom hood and backsplash with “The Castles” motif, the valley’s landmark geological formation. The kitchen also leads to both outdoor living areas – to the East a small flagstone patio for sunrise hot tubs, and to the West a large terrace for dinners and sunsets over Mill Creek and the Anthracites.


The kitchen flows into a large but warmly inviting living and dining room highlighting exposed wood beams, a floor-to-ceiling rock fireplace, deep interior windowsills and postcard views of nearby pastures and up-valley mountains. Ceilings are tall but not cathedral, adding to the warmth and coziness. Just off the living room, you’ll find the master suite wing with adobe floors, beautifully plastered walls and more of those gorgeous wood beams.


Master Suite


The upstairs floor plan features two bedrooms and full bathrooms, more pecan wood flooring accompanied by cork floors, wainscoting detail and ceilings in tongue-and-groove. The big bonus room is currently set up for pool night and music but could easily function as a fifth bedroom or large office. Other floor plan highlights include an office located off the kitchen and a three-car garage with a raised dog bath. There is ample closet and storage space throughout the home. Across from the garage, a 1,024 sf free-standing post and beam barn serves a variety of storage needs and could be converted to accommodate horses.


Living Room & Rock Fireplace


The home site is at the end of a road providing utmost privacy. Irrigation ditches wrap a good portion of the property, attracting wildlife – elk, deer, owls, eagles, hawks and sage grouse – and providing grazing pastures. The yard, fenced in for dogs, is low maintenance with native grasses and wild flowers. The property is prime for horses and yet is a short walk to the ERR equestrian center, for maximum convenience. With two structures built, the new owner may add another, such as an additional barn or guesthouse.


ERR is widely acknowledged as one of the best planned and managed shared-ownership ranches in Colorado, if not the West. 300+ acres per home site is extraordinarily large. A working ranch, it also boasts 2 ½ miles of Ohio Creek accessible for fishing and other recreation. ERR has developed 12 miles of trails for hiking, biking and cross-country skiing. The 2,500-acre “wilderness area” portion of the ranch sits high up towards and abuts with the 175,000-acre West Elk Wilderness. Here, ERR owners may hunt and otherwise explore some of the best wilderness areas that Colorado offers.


ERR is in a remarkable part of Colorado increasingly being discovered for its world-class recreation (skiing, fishing, hunting, horseback riding and mountain biking) and scenery (ranchland, mountain ranges, canyons, rivers, reservoirs, wildflowers, mesas and ghost mining towns).


The Gunnison Valley has witnessed over 10,000 years of human activity through its (now inactive) volcanic corridor, once the summer encampment of Ute Indian tribes and more recently, domain of the Spanish empire and disputed territory between the Mexican and Texan republics. This rich and diverse history comes to fruition upon discovering artifacts in our backyard, from Folsom point spearheads to century-old small-animal traps. Gunnison is an authentic ranch community while enjoying all the benefits of a college town, as it’s home to Western State Colorado University. Crested Butte and its world-class ski mountain are a 45-minute scenic drive from Casa Tres Unos. Over the summer and fall, an alternative route to Crested Butte, through Ohio Creek Valley, is accessible in which you drive past other conservation ranches, and through one of the world’s largest living organisms, an amazing aspen grove.


The home and its environs are a unique opportunity to own a piece of the “real deal” Colorado.


Learn More About Eagle Ridge Ranch >


Just Sold at Buckhorn Ranch

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Very happy to announce another successful home sale at Buckhorn Ranch. I represented the purchasers of the offering located at 720 South Avion Drive. The four bedroom, 3,100 sft. home sold for $770,000. This is my second home sale over the past month at this developing Crested Butte community located about 8 minutes from downtown Crested Butte and 15 minutes to the ski resort. Click to View the 391 White Stallion Circle Sale >

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New York Times Feature: 311 Whiterock Avenue

311 Whiterock Avenue

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. This week, Mike included my Crested Butte listing located at 311 Whiterock Avenue. 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.

See the NY Times Article Here


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Todays Advisor Newsletter

Sold by Channing Boucher in Crested Butte

Rising Values in Crested Butte


Election year politics, a lagging oil market and uncertainty with the direction of our ski resort don’t seem to be hampering real estate investment in our local market. In recent months, we’ve seen impressive real estate transactions in and around Crested Butte and Mt. Crested Butte. Values are jumping for homes and land in all locations. Here are some examples:

TOWN OF CRESTED BUTTE
714 Ninth St. sold in December 2014 for $1,405m and just sold again for $1.7m.
401 Gothic Ave. sold in January 2014 for $1,785m and just sold again for $2.175m.
606 Ninth St. sold in March 2016 for $2,398m. This is a all-time record.
4 Ruths Road, a 9,375 SF homesite, sold this summer for $1,025m.



RURAL CRESTED BUTTE
710 Skyland Sold in 2009 for $2,085m. The property sold again in June for $3,050m.
1091 Slate River Road. 1,800 SF home on 80 acres just sold for $4.3m.
5 Moon Ridge. Property was listed for over 1,000 days, then sold this year for $3.3m.



MT CRESTED BUTTE
29 Summit Rd. sold in 2013 for $2.1m and sold again at end of 2015 for $2,250m.



CRESTED BUTTE SOUTH
722 Cascadilla, a 3 bedroom home built in 1997 sold for $650k and $270 per SF.
96 Huckeby, a 3 bedroom, 1,800 SF home sold for $530k and $290 per SF.
Note: CB South’s median sold price per SF in 2014 was $190. Now its $260 per SF.

In the News – CBMR Selling…Again

Crested Butte Mountain Resort (CBMR) owner CNL Lifestyles is selling the resort to New York hedge fund Och-Ziff (their website) in a massive $830 million transaction that includes CNL’s current portfolio of 35 ski resorts, amusement parks and vacation properties.  Och-Ziff will purchase 15 ski resorts from CNL for $374 million, in part using a loan from EPR, a Maryland-based REIT. EPR has agreed to buy other CNL properties in a deal valued at a total of $830 million. The sale is subject to the approval of CNL stockholders and other conditions, with a closing deadline of September 15, 2017.  CNL purchased Crested Butte and two other ski areas on the east coast from Triple Peaks LLC (owned by Tim and Diane Mueller) in 2008, leasing the properties back to their previous owners. Triple Peaks said the 2008 sale would help to finance the construction of additional improvements at its resorts, but in Crested Butte nothing happened after the Lodge at Mountaineer Square was built and the Gothic building was torn down.


Triple Peaks is actively trying to sell off all of its undeveloped Mt. Crested Butte land assets including the 156 acre North Village parcel (Snodgrass) listed at $8.9m, a variety of Prospect homesites and 50 future homesites on 20 acres located at the top of the Gold Link/Painter Boy lift complex.


Thanks for reading today. For a deeper understanding of our marketplace and the Crested Butte community contact me anytime.

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


Review my recent significant sales here.

Sold in Mt Crested Butte: 14 Peakview Drive at Overlook

Sold By Channing Boucher: 14 Peakview Drive

Very pleased to announce another successful real estate transaction here in Crested Butte Colorado. Today, I represented the purchaser of the fine offering at 14 Peakview Drive located in the coveted Overlook subdivision of Mt. Crested Butte. Arguably one of the very best locations in our entire market area, 14 Peakview features a 1.22 acre parcel that is adjacent to the National Forest. The mountain and valley views from this spot are absolutely unbelievable and forever protected.  The four bedroom home comprises just over 3,300 sf. and includes 1,700 sf. of deck space and an oversized 2-car garage. The property sold in a all cash deal for $1,975,050. Learn more about this sale here >>>


Sold By Channing Boucher: 14 Peakview Drive


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Sold Today at Buckhorn Ranch

Sold by Channing Boucher in Crested Butte

Very pleased to announce the sale of my exclusive listing located at Crested Butte’s Buckhorn Ranch community. Buckhorn Ranch features homes and homesites with amazing views, good solar gain and the convenience of its proximity to the historic town of Crested Butte (2 miles) and the ski resort in Mt. Crested Butte (5 miles). The 3-bedroom custom home sold for $745,000.

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Sold in Crested Butte: Two Condos Two Special Locations

Sold by Channing Boucher

Very pleased to announce the recent and successful sales of two Crested Butte condo properties. We all know this is a location based business and these transactions epitomize this notion. With both sales, I represented the buyers so I toured many offerings prior to writing the offers. The first sale is located at 70 Hunter Hill in Mt. Crested Butte aka San Moritz condos. San Moritz features true ski in – ski out convenience for owners and their guests. This three bedroom unit enjoys an end-of-complex location providing natural light and a view of the ski slopes and West Wall ski lift. A perfect ski vacation pad, this condo also derives handsome short term rental income. The 1,330 sf condo sold for $347,000 in an all cash deal.


San Moritz Condo Sold by Channing


The second sale was located down in the historic mining town of Crested Butte at 421 Whiterock Avenue.  This two-bedroom, 914 sf condo enjoys a quiet alley location and quick access to the resort shuttle stop at 4th and Whiterock and a two block walk to Elk Avenue dining and nightlife. The condo sold in an all cash transaction for $375,000.


Sold by Channing Boucher


Real Estate Report for the 3rd Quarter 2016

Presented here is our current 2016 Crested Butte real estate report for year-to-date and 3rd quarter statistics and information. Our market is holding strong this year with similar performance to 2015. Our market’s sales volume is hovering around $125 million with many properties set to close during the 4th quarter. Enjoy the information presented below and as always feel free to reach out to me for finer detail and my market insight.