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Crested Butte Real Estate Insider - News and Info for the Local Real Estate Market
Good Start to 2008
January 2008 Edition
The new year has started off with good demand for real estate in Crested Butte. Real estate agents around the local market report that home shopping picked up over our recent holiday season. Properties were being shown and buyers wrote offers for condos and single family homes. Agents expect the holiday shopping demand to equate to a spike in sales activity during the first half of 2008.

Aside from the 51 Cimarron condo units under contract from 2007 sales work which inflate our figures (the building isn't built yet), there are an additional 17 residential listings currently under contract. Buyers put real estate under contract in Mt. Crested Butte, Meridian Lake, Skyland, in town and in Crested Butte South. Of all 68 properties under contract, 18 are valued over a $1 million and 18 are asking $509,000 or less. The biggest pending transaction is the Crested Butte Club in downtown Crested Butte. Asking price: $2,480,000.

Vacant land activity is a bit quieter and totals 5 parcels under contract. Yes, it can be a challenge to buy something that is beneath all of the great snow we've received. But, considering the average asking price for these parcels is $894,000 and only 1 of the 5 properties is a 35 acre lot buyers are not shying away from our valuable real estate even in the middle of winter.

Thanks for reading today!
Channing Boucher
970-596-3228 | Visit My Site

View Crested Butte Real Estate

Prime Parcel on 6th St (Hwy 135) and the
4-Way Stop (Elk Ave)

This B2-zoned, .18 acre parcel is located on Hwy 135 (6th St.) and the 4-Way Stop in Crested Butte Colorado. Hwy 135 takes all ski resort traffic to and from Mt. Crested Butte. Elk Avenue is the main street in Crested Butte. Incredible potential for a variety of businesses. Enjoy 10 deeded parking spaces plus the large public parking area for ski resort and Elk Avenue across street. The main intertown shuttle stops every 15 minutes across the street. The Crested Butte Chamber of Commerce is also located directly across the street.

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The elevated topography of the lot and unobstructed views to the west, north and east maximize the commercial potential from this location. Capitalize on 100 feet of retail highway frontage and direct line of sight exposure to all of Crested Butte's inbound stop-and-go traffic at the 4-way.
$1,600,000 | View Listing Information and Images

View Featured Crested Butte Real Estate on my Web Site

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Contact Broker Channing Boucher at 970-596-3228 or 866-349-9180
EagleBrooke Realty 319 Elk Ave. Crested Butte, CO 81224
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