Crested Butte Vacation Rental Home Update

Crested Butte Vacation Rental Home UpdateCrested Butte Vacation Rental Home Update

Crested Butte Vacation Rental Home Update – whether you are an existing homeowner in downtown Crested Butte, or considering buying a home (and renting it to generate passive income) there are some things you need to know…

We had Eric Treadwell from the Town of Crested Butte come to the Coldwell Banker Bighorn Realty office this week to discuss the Crested Butte Vacation Rental Home Update. Eric is the Residential / Vacation Rental Inspector. His position is funded by the Business License fees that are required to operate a Short Term Rental or what the town has termed a “Vacation Rental” in downtown Crested Butte.

5 Things You Need to Know About Crested Butte Vacation Rental as a Homeowner

  1. Crested Butte Vacation Rental Home UpdateYou need to pay Your $1,500 Unlimited Business License fee (2 years upfront) by 12/31/2017.
  2. Business Licenses are NOT transferable.
  3. Your home will be Inspected and may need to become compliant for Safety.
  4. You need to keep your Parking Spaces clear at all times (snow).
  5. You need to have a local property manager designated and on-call.
  6. Okay – one more because I am here for  you, and you will want to know that not every home in downtown Crested Butte can be a Vacation Rental – only in the “GREEN ZONE” see map and link to map below.

Crested Butte Vacation Rental Home Update – Recap

A short re-cap…. after over a year of discussions, public meetings, studies, letters to the paper, and a lawsuit the Crested Butte Town Council decided it needed to take action. So in 2017 the Town of Crested Butte passed Ordinance #12, Series 16 and Ordinance # 6, Series 2017 creating a ruleset for vacation rental licenses.  Resolution 57, Series 2017 set the fees to be charged for vacation rental licenses.  The fees are non-refundable.

Crested Butte Vacation License Info – Town of Crested Butte

Where is “THE GREEN ZONE” That Allows Vacation Rentals?

Crested Butte Vacation Rental Home Update

There are two types of Business Licenses for Vacation Rentals in Downtown Crested Butte:

   1. An Unlimited Vacation Rental License (for Second Homeowners)
   2. A Primary Residence Vacation Rental License (for Permanent Residents)

The Crested Butte Unlimited Vacation Rental License

The home may be rented for an “unlimited” number of nights per year. Number of licenses allowed: 212 currently** – this is subject to a 30% cap of the free market residential units located in the permitted zones marked in green on the zoning map.

** There are 247 registered Unlimited Vacation Rental Licensees who are “grandfathered” into the program but the $1,500 fee ($750 per year – 2 years up front) must be paid by December 31, 2017 (or with a $500 late fee be paid by Jan. 31, 2018). Only 114 have registered so far.  There is a waiting list of 22 currently.

Crested Butte Vacation Rental Home UpdateThe Crested Butte Primary Residence Vacation Rental License

The home may be rented for up to 60 nights per year. . Number of licenses allowed: unlimited. The Primary Residence Vacation Rental License may be issued to vested title property owners who reside in their property.  The property owner is required to submit a primary resident affidavit. This license carries an annual fee of $200.

Whether you are an existing homeowner in downtown Crested Butte, or considering purchasing a home in downtown Crested Butte here are some additional details to be aware of…

Crested Butte Home Inspection Required

Regardless of the business license – the home must be inspected. Eric Treadwell will be doing all the inspections. Because these inspections will take a while to complete – a temporary license will be granted so as not to disrupt the on-going rental operations of the homeowner.

vacation rental inspection and confirmation of onsite parking will be performed by the Vacation Rental Inspector upon payment of the license fee.  The inspection is intended to ensure the property being short term rented is safe for guests to inhabit.  Onsite parking per the property’s BOZAR approved site plan is required to be cleared and available to guests year round.

Safety first – smoke and carbon monoxide detectors must be installed and operational. Fire extinguishers must be in place and not expired. Egress must be available from every bedroom. Max occupancy per home is 10 people, or determined by 2 people per “legal bedroom” plus 2 more. A loft with a ladder does not qualify as a bedroom (even if there is a bed up there and there is egress).

Imagine the consequences if there were a fire and a person was trapped in a bedroom because the snow was blocking the exit through the window.

During our meeting, I asked if egress was going to be enforced? – ie: what if there is snow covering a window? Worse what if there is plywood covering a window? The town has not yet determined if this will be a violation and will hold-up granting of the business license. My recommendation for anybody renting a home – contract with local property management for the snow removal and spend the $ to get the snow shoveled away from the windows. Imagine the consequences if there were a fire and a person was trapped in a bedroom because the snow was blocking the exit through the window.

Crested Butte Vacation Rental Home UpdateParking Will Be Problematic Due to Snow

The inspection will confirm BOZAR approved parking, or determine where the required 9’ x 18’ parking spaces will be located. These spaces must be kept clear and accessible. So this means snow must be removed. After snowplow comes down the street and there is a big pile of snow that turns into an iceberg this snow must be plowed out of the parking area or removed.

Trash

Wildlife resistant trash containers are required to protect the wildlife and keep the neighborhoods beautiful.

Local Property Management Requirement

All business licensees MUST have a local property manager who is on-call to respond to complaints and issues “within an hour”. Not sure how this will be monitored and enforced – but the intent is that if there are issues and complaints there is someone to step in on behalf of the homeowner. Examples are a late night party, or renters dog barking – noise violation, renters parking in neighbor’s driveway, trash violation…etc. There has to be someone locally who can be contacted and on-site to remedy the situation.

Neighbor Complaints

Part of the process to grant the application is notification to neighbors within 100 feet of subject property. Neighbors may complain and notify the town of Crested Butte regarding issues and it is possible that if the issues are not corrected the business license may be revoked.

FAQ – More Info and Links to understand Crested Butte Short Term Rental rules

To better understand the changes made – read this Frequently Asked Questions .

To setup a new vacation rental license account or to check on an existing vacation rental license account visit https://crestedbutte.munirevs.com.

If you have additional questions or to voice concerns about vacation rentals in your downtown Crested Butte neighborhood, you can contact Eric Treadwell at (970)-349-5338 or etreadwell@crestedbutte-co.gov .

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How can I help you with Your Crested Butte Real Estate Needs?

Chris Kopf Crested Butte Real Estate Agent

This post Crested Butte Vacation Rental Home Update and my monthly market reports on Crested Butte Real Estate, and the level of detail is representative of what you can expect from me as your Real Estate Agent.

I have consistently been among the top real estate agents in Crested Butte, and I strive to exceed client expectations.

Existing Crested Butte Homeowner – If you are interested in finding out what your property is worth, or may be considering turning a chapter in your life – contact me today.

Considering Buying a Crested Butte Home for sale – If you have started thinking about how great it would be to have your own Crested Butte Home and are considering me to represent you as a Buyer, I would appreciate the opportunity to earn your business!

For more info on me and the Crested Butte Real Estate Market – Visit www.chriskopf.com.

Chris Kopf Contact info:  Phone: (970) 209-5405, or chriskopf@bighornrealty.com

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Chris Kopf Crested Butte Coldwell Banker Bighorn RealtyThanks,
Chris Kopf

Previews® Property Specialist
Coldwell Banker Bighorn Realty
(970) 209-5405
chriskopf@bighornrealty.com

 

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