Mt Crested Butte is the home of the Crested Butte Mountain Resort (CBMR) ski area. There are many seasonal visitors and second homeowners who come to the resort for the fantastic skiing in the winter time. Mt Crested Butte is equally as beautiful during the summer when hiking and mountain biking are popular activities. Mt. Crested Butte is a separate municipality and only 3 miles from downtown Crested Butte.
CBMR opened in 1960 when two men – Fred Rice and Dick Eflin – purchased a ranch on Mt. Crested Butte. An operating permit enabling the resort to be built was approved by the United States Forest Service the following year. Now decades later CBMR offers 16 lifts, serving over 1,165 acres of skiable terrain.
Short 3 mile drive from the town of Crested Butte to the base area of the ski resort. During the summer it’s a quick bike ride and there’s a year round free shuttle bus from downtown Crested Butte to the base area of the ski resort.
Who Lives Here
A local population of about 800 residents. This population swells in the winter with many seasonal residents, and visitors who come to experience the awesome lift served skiing that is Mt Crested Butte. Mt. Crested Butte is a favorite location for many second homeowners who appreciate the close proximity to skiing and Nordic skiing in the winter, hiking and mountain biking in the summer and the awesome views.
What to Expect
Most of the activity in Mt Crested Butte happens during the winter season, from around mid-November to early April, but Summers are becoming more popular for the awesome mountain biking – and lift served downhill biking.
The primary access to the mountain is via two high speed quads conveniently located at the base area, plus two other chair lifts that provide additional ski-in/ski-out access to base area condos. Some of these lifts are also operational during the summer for easier access to hiking trails. Go exploring up the East River valley to Snodgrass, the town site of Gothic (home of the Rocky Mountain Biological Lab) and Paradise Divide.
Hotels, conference facilities, condos, ski shops, restaurants, and bars are conveniently located at the base of the mountain and just steps from the lifts. Perfect for all of your winter alpine skiing or boarding accommodations. All the restaurants and bars are also open during the summer but far less busy than in the winter.
While the CBMR is certainly busiest during the winter it is just as fantastic during the summer. Take the lifts up to the top and it’s only a short hike to the peak of Mt Crested Butte. Once the snow disappears you will find many hiking and biking trails which are easily accessible from the homes and condos on Mt Crested Butte.
Single Family Homes
There are many beautiful single family homes on Mt. Crested Butte. Buyers who are considering Crested Butte real estate and homes on Mt. CB find that single family homes are typically larger and less $ per sq. foot than homes in downtown Crested Butte. Some homes offer ski-in / ski-out or a short walk to the lifts. Most of the higher-end homes are located in the following subdivisions: Prospect, Summit, Overlook, Gold Link, Timberland and Elk Run.
There are also many choices and price points for those searching the Crested Butte real estate market for Condos – with close to 1,000 condo units in Mt. Crested Butte and nearly 30 different condo projects to choose from. The majority of the condos are two bedrooms, but there are also 1, 3 and 4 bedroom options. There are many variables that can affect the price per sq. foot for this type of property – skiing access, covered parking/garage, views, age, quality of construction (many condos have seen significant upgrades to interior finish-out).