Crested Butte, Colorado is a special place located at the end of the valley in Gunnison County. A former coal mining town now a Historic resort town that is known for its charm, its warm community and festive attitude. Crested Butte is a destination for skiing, mountain biking, hiking, fishing, golfing and a variety of other outdoor activities.
It is a welcoming community made up of transplanted locals and second home owners, with a permanent population in town of about 1,500. Many people consider Crested Butte as “the last great Colorado ski town” which is why the Crested Butte Colorado real estate is highly popular among the property investors. It is located at the North end of the Gunnison valley and includes both the towns of Crested Butte and Mt. Crested Butte.
The primary winter activity in Crested Butte is skiing or snowboarding 3 miles up the road at nearby Crested Butte Mountain Resort in Mt. Crested Butte. The mountain, Crested Butte, rises to 12,162 feet above sea level. The ski area base is at 9,375 feet. 14 lifts serve 1,058 acres of terrain. 448 acres of the terrain are double black runs. The large amount of extreme skiing terrain at Crested Butte has attracted the US Extreme Skiing Championships and the X Games. The longest run on Mt Crested Butte is 2.6 miles long.
The town of Crested Butte has a Nordic Center which includes an ice skating rink as well as 50 miles of groomed cross-country skiing trails. There is a Yurt close to town that can be used for gatherings and evening dinners, as well as huts at the Gothic townsite for overnight stays. The Nordic Center also hosts many races and events including the famed Alley Loop and the Elk Mountain Grand Traverse – a 40+ mile backcountry Ski race from Crested butte to Aspen.
When Buyers are considering Crested Butte Colorado real estate in downtown Crested Butte, they find a charming historical town with a quaint neighborhood feel. The town is a small geographic area that really has 3 residential areas – homes that are in close proximity to the business district along Elk Avenue, homes that are on the East side of 6th Street with close proximity to the town park and Center for the Arts, and homes that are on the North side of town with views up Paradise divide and with close access to Lower Loop, Peanut Lake Road, and the Nordic trails in the winter.
Due to the Historical District overlay zoning regulations, most crested butte homes for sale in town are not larger than 2,600 sq. feet. As well, given the small footprint of downtown Crested Butte, the price per sq. foot in town is typically higher than Mt. Crested Butte or the larger outlying subdivisions(Skyland, Meridian Lake Park/Meadows).
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