What a winter with over 21″ in the last few days! And the snow is continuing to be bestowed upon us with over 229″ to date. The skiing is so good, you have to get up here and make some turns!
The acquisition of Crested Butte Mountain Resort last September produced a burst of investor interest, followed by a steady market that will continue to benefit from Vail Resorts ability to fund capital improvements to the resort.
Initially, most opposition to Vail Resorts being our new operator centered around what Vail would do to our community. The biggest question on our minds was whether they would apply a cookie-cutter prescription to resort operations resulting in a loss of what makes Crested Butte special.
However, it seems they are respecting the community, taking their time to understand it, and applying a long-range vision so they can retain what makes us unique. Their attention this year has been focused on much needed improvements to chairlifts, as well as replacing Teocalli lift next season. We expect more improvements to be announced and respect what appears to be thoughtful planning on Vail Resort’s behalf.
According to the executive vice president of Vail Resorts’ mountain division, Chris Jarnot, “We are trying to learn how things work here. Crested Butte doesn’t fit in with our other resorts. It stands out. And that’s a very good thing, and we want to keep it that way.” For a great read we recommend this article.
In short, this valley is very welcoming but we make people earn our trust. We feel the approach of Vail Resorts towards the resort is promising to the sustainability of skiing in our valley. And that’s good for all of us.
Appreciatively,
Corey | Stacey | Trevor | Erin
Email 970.596.3219
A Leader in Crested Butte Real Estate
Our team was honored to help more people in the valley than anyone else in 2018. Our activity earned us the #1 spot with 77 transactions and #2 for sales volume totaling $34,953,810.
*Source: CREN January 4, 2019
Current market conditions
Spring Break is coming and with that more buyers who have been keeping an eye on the market.
There are currently 7 single family homes over $1 million in the upper valley under contract, 2 more than last month. Two of these properties are our listings and another beautiful home of which we represent the Buyers.
For a comprehensive view of last month’s sales and March inventory, view our March Market Report.
Local Expertise
If you’re looking to buy or sell in Crested Butte and the Gunnison Valley, please contact us. We are happy to provide information on the area, a list of properties that suit your criteria, and/or prepare a complimentary comparative market analysis to assess the value of your property.
Exclusive Listings | Skier Access
67 Cinnamon Mountain
Mt. Crested Butte
5 BR | 5 Bth | 4,527 Sq Ft
$2,950,000
59 Cinnamon Mountain
Mt. Crested Butte
4 BR | 4 Bth | 4,822 Sq Ft
$1,795,000
Black Bear Lodge, 208
Mt. Crested Butte
3 BR | 3 Bth | 1,607 Sq Ft
$875,000
San Moritz Condos, I204
Crested Butte
3 BR | 2 Bth | 1,330 Sq Ft
$499,000
San Moritz Condos, P104
Mt. Crested Butte
2 BR | 2 Bath | 1,001 Sq Ft
$360,000
Grand Lodge, Mt. CB
Studio | 1 Bth | 395 Sq Ft
Unit 355 $182,500
Unit 519 $179,000
Unit 307 $179,000
Unit 375 $173,500
Unit 107 $165,000
Town Events
There are plenty of reasons to visit Crested Butte in the Month of March such as the 42nd Annual Red Lady Salvation Ball (3/8) and the 5th Annual Mac Dogs Sleds & Kegs (3/23).
View all Events »
In the News
Crested Butte may be the gem in Vail Resorts’ portfolio, but its lifts must be fixed before it can shine
Colorado Sun
Rising costs for affordable housing projects in Crested Butte
Crested Butte News
5 reasons you should purchase a luxury vacation home in 2019
Luxury Portfolio International
Vail Resorts announces long-term wind energy contract and plan to eliminate conventional single-use dining plastics in its ‘Commitment to Zero
Vail Resorts Newsroom
We build our business on integrity and service. The highest compliment we can receive is the referral of friends, family and business associates. Thank you for your trust.
Corey Dwan | Broker Associate | Team Leader
Crested Butte Collection
Bluebird Real Estate
211 Elk Avenue | PO Box 1788
Crested Butte, CO 81224
c 970-596-3219
corey@crestedbuttecollection.com
