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1.28± Acres
Gunnison County, CO

26518 and 26516 State Highway 135, Crested Butte, Colorado

MLS ID: 789838
Status: Active
Price: $1,950,000
Acres: 1.28±
Type: Single Family, Residential
Address: 26518 and 26516 State Highway 135
City, State: Crested Butte, CO
County: Gunnison County
ZIP Code: 81224
Parcel Number: 325511000006
Listed by: Michelle Burns
Bedrooms: 3
Bathrooms: 3
Year Built: 1988


Here is your opportunity to own a multi-family income generating duplex with some of the best views in all of Crested Butte. Large sweeping windows allow in abundant light and unobstructed views of Mt. Crested Butte, Whetstone, Paradise Divide and Gothic Mountain. The home can function as multiple units or combined together as a 1 unit multi family vacation home. Both units have separate kitchens, decks, living rooms, parking, wood stoves, entrances and plenty of privacy. For video tours of both sides, visit OverlookCB dot com. The home has a brand new county approved Engineered septic system expanded to allow an additional dwelling or additional bedroom and bathroom added onto the home. Everything in this house is new both inside and out. This home features new windows, new paint, new doors, new floors, new septic, new appliances, new mechanical, new well pump, new fixtures (all plumbing and electrical), new decks, and new wood stove with venting. With everything new, this a low maintenance passive income duplex that requires minimal maintenance. This property borders Crested Butte town limits. Because it is not in Crested Butte municipal limits, owning this home means not paying municipal taxes, not affected by Crested Buttes recently passed moratorium on short term rental licenses, no municipal fees associated with short term renting, rentals do not pay the municipal short term rental taxes (20%) and do not have to abide by Crested Butte’s ever changing short term rental regulations or any HOA rules. Sitting on a generous 1.28 acres, the 2 bedroom/2 bathroom north unit and 1 bedroom/1 bathroom south unit offer spacious, open layouts with an abundance of natural light all year long. Unobstructed and protected views of Mt. Crested Butte is enjoyed from every east facing window and both decks, which are perfect for entertaining and relaxing. The north unit has an expansive living area with picturesque views and wood burning stove, open kitchen with plenty of storage, updated bathroom with walk-in cobblestone shower and comfortable bedroom on the main floor, and a large, private ensuite master on the second floor. The south unit also has an expansive living area with a wood burning stove, open and recently updated kitchen, and updated bathroom on the main floor, and a large cozy bedroom upstairs. Updates to both units and the property as a whole are extensive, with meticulous and regular maintenance to the interior, exterior, and all systems. The New Deli trail passes through property to town and the city of Crested Butte pays the owner annually to use the trail and this agreement is transferable. You can walk to town in 10 minutes or mike to town on the trail in under 4 minutes. The combination of location, condition, and occupancy options make this property a total package in the Crested Butte market! Don’t miss this unique opportunity to have your dream residence and an investment you will not regret in Crested Butte! Located in Gunnison County, on the border of the town of Crested Butte. No HOAs, no municipal taxes, no short term rental restrictions. Please ask the agent for rental history.

Additional Information


Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Bathrooms Full: 2
Building Area Total: 3,264
Fireplace Features: Wood Burning Stove
Flooring: Laminate, Partially Carpeted, Vinyl
Furnished: Furnished
Heating (Yes/no): Yes
Heating: Baseboard, Electric, Natural Gas, Wood, Wood Stove
Interior Features: Breakfast Bar, Eatin Kitchen, Kitchen Island, Kitchen Dining Combo, Upper Level Master


Exterior Features: Deck, Shed
Fencing: Partial
Irrigation Water Rights (Yes/no): Yes
Lot Features: Adjacent To Open Space, Corners Marked
Other Structures: Sheds
Parking Features: RVAccess Parking
Patio and Porch Features: Deck
Road Frontage Type: Highway
Road Surface Type: Dirt, Gravel
Roof: Metal
Stories: 2
Water Source: Well


Days On Market: 3
Elementary School: Crested Butte Community K-12
Middle School: Crested Butte Community K-12
High School: Crested Butte Community K-12
Zoning Description: Residential Single Family

Extra Information

Disclosures: Seller Disclosure
Spencer Jordan

Spencer Jordan

Carbondale, Colorado

(203) 962-3683

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Listed By: Michelle Burns