DECEMBER 2018 REAL ESTATE NEWS

REAL ESTATE SALES MARKET UPDATE

The beginning of another great ski season is upon us. Mother Nature cooperated with the snowmakers this year and early season conditions at the resort have been the best in years. Both Paradise and Silver Queen lifts opened earlier than ever, and the resort is opening up more terrain daily.

Real estate activity has been equally busy. As of November 2018, there were 65 properties under contract totaling roughly another $39,033,249 in potential closed sales in 2018. These under contract properties combined with the $195M in closed sales thus far this year would equal close to $235M in total sales dollar volume for 2018.

We are bullish on the continuation of a robust real estate market this winter. Our inventory levels continue to drop throughout the area and demand continues to be strong, even in the off-season months. Builders and developers are very busy with new homes and projects, and mortgage rates remain very attractive. All these are very encouraging signs of continued strength in Crested Butte real estate. View all sales data and the complete report here.

VILLAS TOWNHOME | $750,000

This 3 bed, 2.5 bath Villas townhome is a short walk to the slopes. Granite countertops, stainless steel appliances and wood flooring in the kitchen. Vaulted ceiling and gas fireplace in the living room. Spacious deck & hot tub off of the dining room with views of Mt. CB and the slopes. Large master bed and bath with Jacuzzi tub. One-car garage. Low HOA dues. Offered fully furnished.

WALK TO SLOPES | $275,000

Ground-level, one bedroom, spacious condo conveniently located steps away from the slopes, base area, restaurants and free town shuttle. Gas fireplace, large deck, enjoy the use of two tubs, sauna, laundry facilities plus low dues!

CUSTOM HOME - BUILD TO SUITE | $835,000

Built to your liking with all the bells & whistles at Buckhorn Ranch. A 3 bed, 3.5 bath, 2,000 Sq. Ft. home with Silestone countertops in the kitchen & bathrooms, KitchenAid appliance package, solid core doors, custom cabinetry, vaulted ceilings in living. Eight-foot ceilings downstairs, wood floors throughout, in-floor heat with heated two car garage.

BUCKHORN BUILDING SITE | $99,500

Build your dream home on this 0.17 acre lot on a lovely street with some existing beautiful homes. Level lot with minimal fill needed. Completely unobstructed panoramic views of Whetstone out the front, Star Mountain and Brush Creek out the back. Great southern exposure for passive solar gain. Five minutes from Downtown Crested Butte.

With new energy coming our way in the valley, the market is bustling. If you are considering buying or selling, now is a better time than ever to explore your possibilities. Select properties will benefit from cutting-edge 3D Showcase and aerial photography to bring your property to life and stand out from the crowd. Contact us for a personal market value analysis of your home. No obligation - just honest advice on how to get top dollar for your home! Call 970-349-4999 or email info@cbliving.com.

Crested Butte Resort Real Estate has the following under contract:

178 Acres Prospect Development Parcel: Asking $12,000,000
Wood Creek #305: 1 Bed | 1 Bath | 617 Sq. Ft. | Asking $260,000
Ponderosa #2C: 2 Bed | 2 Bath | 976 Sq. Ft. | Asking $450,000
Grand Lodge #478: Studio | 1 Bath | 437 Sq. Ft. | Asking $169,000

Crested Butte Resort Real Estate sold the following properties:

Mountaineer Square #517: 3 Bed | 3 Bath | 2,102 Sq. Ft. | $995,000
63 Janet Place: 5 Bed | 4 Bath | 3,774 Sq. Ft. | $974,000
Mountaineer Square #210: Studio Deluxe | 1 Bath | 534 Sq. Ft. | $380,000
79 Pristine Point, Meridian Lake: 1.4 Acres | $270,000
7 Lapis Lane, Gold Link: .45 Acre | $269,000
341 Blackstock: .44 Acre | $73,000

MOUNTAIN NEWS

Lodging Deals: Save on your trip to Crested Butte at www.skicb.com/deals!

Winter Flights: Throughout winter, the Gunnison-Crested Butte Regional Airport (GUC) has flights served by American Airlines and United Airlines, with flights from Dallas (DFW), Houston (IAH) and Denver (DEN). Check out the flight schedule and save up to $300 on airfare.

BROKERAGE NEWS

With a marketing presence in the courtyard of Mountaineer Square, an exclusive mountain office and a website with unique marketing capability, we offer buyers or sellers the best in resources. You can view all our listings by visiting cbliving.com, stop by our office in the courtyard of Mountaineer Square, or call us at 970-349-4999 to discuss why we are the best choice for all your real estate needs.

If you want to be the first to know about the best deals in the Crested Butte real estate market, please click here to subscribe to our Market Alerts or connect with us on Facebook. You can also view the entire MLS from our website. Keeping up to date on real estate activity can be a significant advantage as you keep an eye on the Crested Butte market.

CRESTED BUTTE RESORT REAL ESTATE
620 GOTHIC ROAD
MT. CRESTED BUTTE, CO 81225
1.877.805.6109

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