Case in point: The Elevation Hotel and Spa, formerly the Club Med facility located slopeside in Mt. Crested Butte, just finished getting their entire condo-tel offering under contract with some of the units already sold. The hotel is nearing completion (summer/fall 2008) of a massive conversion from the old 260+ room hotel into a luxury, 4-star facility complete with an 11,000 sft. modern spa facility. Visit their site: Elevation Hotel and Spa Web Site

Elevation Hotel & Spa developer, Sunvest USA, has a long track record of success in the luxury condo marketplace around the US and their success in Crested Butte is not a surprise. Of course, location is everything in real estate and the Elevation Hotel and Spa couldn't be any closer to the two main high speed quad lifts at the base of the ski mountain.

Aside from the Elevation Hotel activity, there are currently 64 other properties under contract in our local market area and 10 deals have closed this year including notable sales of the Crested Butte Club Boutique Inn and Spa on 2nd Street for $2,590,000 and a Mt Crested Butte single family home for $1,933,000!

Crested Butte's national historic town designation and laid back ski resort atmosphere has resulted in special recognition as a national "historic hot spot". The National Trust for Historic Preservation named Crested Butte and 11 other U.S. historic cities as America's Dozen Distinctive Destinations. We're the only ski resort town named on the list - which is pretty cool! Read More at My Blog

Thanks for reading today!
Channing Boucher