Skyland Subdivision, Crested Butte, CO

Real Estate Insights for Crested Butte’s Golf Community

Data sourced from CREN MLS. Includes all closed sales in the Skyland, Skyland River, River Green, and Larkspur communities of Crested Butte, CO from April 15, 2024 – April 16, 2026. Information is deemed reliable but not guaranteed. All statistics are calculated from available MLS data and are subject to change.

Single-Family Home Sales

1251 Skyland Drive, Crested Butte Real Estate

Total Sales

13

Avg Sale Price

$4,192,308

Median Sale Price

$3,200,000

Avg Sale Price/SF

$1,128

Avg DOM

150

Single-family home trends we’re seeing:

Single-family homes drive volume in Skyland — 13 homes ranging from $1.72M to $9.6M. The median of $3.2M sits well below the mean, indicating a handful of trophy properties (notably the $8.15M and $9.6M sales) pulling the average up. Premium lot position and views are the primary value drivers above size alone.

Condo & Townhome Sales

194 Coyote Circle | Sold by Jaima Giles-Alsum

Total Sales

21

Avg Sale Price

$1,313,243

Median Sale Price

$1,425,000

Avg Sale Price/SF

$824

Avg DOM

114

Condo & Townhome trends we’re seeing:

The most active segment by count, with a clear two-tier market. The lower tier — six studio/1-bath units at 350 Country Club Drive — traded between $300K–$345K and skews the average well below the median. The upper tier, led by St. Andrews Circle condos and Links Lane townhomes ($1M–$2.83M), is where the bulk of volume and activity lives. The median of $1.425M more accurately reflects where most buyers are transacting. DOM is efficient at a median of 88 days across a wide price range, signaling consistent demand at multiple price points.

Vacant Land Sales

291 Fairway Drive | Sold by Jaima Giles-Alsum

Total Sales

12

Avg Sale Price

$531,086

Median Sale Price

$515,000

Avg Sale Price/AC

$1,453,403

Avg DOM

340

Residential land trends we’re seeing:

Land is the most patient category by far — avg DOM of 340 days and median of 329 days, with one parcel sitting 947 days before closing. Prices are tightly clustered between $367K and $850K, suggesting buyers have a firm ceiling in mind. However, $/acre varies greatly ($606K to $3.66M/acre) based on lot size and location — smaller, premium-location parcels command massive per-acre premiums. The two fastest land sales (21 and 38 days) were well-located smaller lots, confirming that quality of position, not acreage, drives urgency.

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