Crested Butte Homes under $500,000

Welcome to Crested Butte, Colorado—a picturesque mountain town nestled in the heart of the Rocky Mountains, renowned for its breathtaking landscapes and vibrant community spirit. This charming town, located in Gunnison County, is often referred to as the “Wildflower Capital of Colorado,” thanks to its stunning array of seasonal blooms and outdoor recreational opportunities. Whether you’re an avid skier, mountain biker, or simply someone who enjoys the beauty of nature, Crested Butte offers a plethora of activities year-round.

One of the most appealing aspects of Crested Butte is its diverse real estate market, particularly for those looking to find their dream home under $500,000. While the town is known for its luxurious properties and high-end ski chalets, there are still fantastic opportunities for first-time homebuyers, families, and investors seeking affordable options. From cozy condos with breathtaking mountain views to charming single-family homes that exude character, you can find a variety of choices that fit your budget.

Living in Crested Butte means embracing a lifestyle that celebrates outdoor adventures, a close-knit community, and a rich history that dates back to the mining days. With a vibrant downtown filled with local shops, restaurants, and art galleries, you’ll find that every day offers a new opportunity to explore and connect with your neighbors. Don’t miss the chance to make this enchanting mountain town your home, where adventure and tranquility await at every turn!

Newest Crested Butte Homes under $500,000

350 Country Club Dr Unit 401A, Crested Butte

$298,000

1 Baths ⋅ 839174 MLS

This top floor Skyland Lodge condo is nestled in the valley below Mt. Crested Butte and directly across the street from the coveted Club at Crested Butte with its championship golf couse and club amenities. When not outside hiking, biking, skiing, golfing, fishing , 4 wheeling and enjoying live outdoor music and special events, enjoy mountain views from your private deck or the outdoor hot tub facility. This top floor efficiency studio comes fully furnished, has a bonus loft area, has no overhead noise, faces directly towards Mt. Crested Butte and offers many amenities for the active lifestyle. In addition to the hot tub there is a storage area and a common area laundry facility. The complex is well maintained and has lower dues than most. This price point offers great investment potential as Crested Butte continues to be enjoyed by more first time visitors than ever. Get a piece of paradise while the price is right.

350 Country Club Dr Unit 401A, Crested Butte

$495,000

838835 MLS

Rare Buckhorn Ranch development opportunity! This corner homesite comes with approved building plans for a duplex, offering an efficient path to creating two well-designed mountain residences. Each unit features 3 bedrooms, 2.5 baths, main level living spaces that back up to HOA open space, and a 2-car garage, making this an ideal opportunity for an investor, second-home buyer, or owner looking to build in the Crested Butte area. Enjoy the added convenience of being just steps from the community playground and picnic pavilion, providing an inviting gathering space for family, friends, and neighbors. Located in Buckhorn Ranch, just outside Crested Butte, the property offers easy access to skiing, hiking, biking, fishing, and all the outdoor recreation the Gunnison Valley is known for. Approved plans by Ben White Architecture, prime location, and two residences make this a compelling opportunity to build in one of Colorado's most sought-after mountain communities.

266 Elk Valley Rd, Crested Butte

$495,000

1 Beds ⋅ 1 Baths ⋅ 837412 MLS

Want to get away from it all? Here is your rustic cabin set in the evergreens of Gunnison National Forest right on Cement Creek in the sought after Summer Home Group. Trout fishing, backcountry ski access and mountain biking start right at your front door. The home features one bedroom and one full bath, a full kitchen and dining area, with an open living area centered around a wood burning fireplace. Winter access is by ski or snowshoe making this a true mountain escape. The Summer Home Group cabins are on a renewable 30 year Special Use Permit for the land with the USFS, to be applied for by buyer. Existing permit will be provided. This is a unique offering and a chance to live in a very private location!

738 Summer Home Dr, Crested Butte

$485,000

3 Beds ⋅ 2 Baths ⋅ 836049 MLS

Calling all Gunnison Valley locals!! This one is for you! 3 beds/2 baths and under $500k with no HOA dues in downtown Crested Butte. This adorable manufactured home was built in 2022 and enjoys a prime location in the northwest corner of town. You’re just a stone’s throw from Elk Avenue, Peanut Lake, Woods Walk, Lower Loop, Nordic trails, and more! Pulling up to the property, you’ll notice the spacious driveway with plenty of parking. Entering the home, you’re greeted by the large open living & kitchen area. Everything in here is new as of 2022, and you’ll appreciate the fresh, modern aesthetic. To your left, walking past the laundry area, you’ll discover the lovely primary bedroom with walk-in closet and ensuite bathroom. On the other end of the house are the two smaller bedrooms with shared bathroom. This well designed layout easily lends itself to multiple living situations. Outside is what all locals are really looking for… storage! There is a lockable shed that conveys with the property, perfect for storing bikes, skis, and other gear. Don’t miss this opportunity to secure permanent, move-in ready housing right downtown! *Property is deed restricted, must be occupied by a resident of Gunnison County, and is subject to the Town of Crested Butte’s Affordable Housing Guidelines*

112 Butte Ave, Crested Butte

350 Country Club Dr Unit 203A, Crested Butte

$310,000

1 Baths ⋅ 834521 MLS

Escape to the heart of the Colorado Rockies with this beautifully appointed, second floor condo at Skyland Lodge in scenic Crested Butte. Perfectly positioned in the Skyland neighborhood, this cozy mountain retreat offers the ideal blend of comfort, convenience, and year-round adventure. Thoughtfully updated with an open-concept layout, this unit features a fully equipped kitchen with extra counter and cabinet space. Enjoy comfortable living and sleeping areas and a private balcony with stunning views of Mt Crested Butte. Whether you're enjoying your morning coffee before hitting the trails or relaxing after a day on the slopes, this inviting space makes it easy to unwind. Located directly across from The Club at Crested Butte and just minutes from world-class skiing, hiking, biking, and fishing, Skyland Lodge is a favorite destination for outdoor enthusiasts. Residents and guests enjoy access to community amenities including a hot tub, on-site laundry, convenient parking, access to Grant Lake, and nearby recreation trails. Ideal as a mountain getaway, investment property, or full-time escape, this charming condo delivers affordable luxury in one of Colorado’s most sought-after alpine communities.

350 Country Club Dr Unit 203A, Crested Butte

350 Country Club Dr Unit 307A, Crested Butte

$298,000

1 Baths ⋅ 833926 MLS

Great little condo in the Skyland Lodge across the street from the Club at Crested Butte! Perfect for those looking for a starter home, an entry point into investing in the Crested Butte rental market, or just a personal basecamp for your own mountain getaways! This unit has been recently refreshed with all new carpet and paint and is just waiting for its future owner’s personal touches. The unit is technically a studio, but it's thoughtfully divided into distinct spaces, starting with the entry way complete with coat closet and nook that could be function as a vanity, office space, or storage area. The full bathroom is on this side of the unit as well. Heading further inside you'll find the bedroom, kitchenette, and living area. The private covered balcony faces east and boasts an amazing up front view of Mt. Crested Butte. Skyland Lodge features some great owner amenities, including ski storage, on-site PO Boxes, paved private parking, and a hot tub with gorgeous views of Whetstone. Additionally, as part of the greater Skyland community, owners have private access to Lake Grant where you can canoe, paddleboard, fish and bbq at the lakeside pavilion surrounded by 360 degree mountain views. This location is central to everything and hard to beat! Hiking and biking trails like the Upper Upper Loop connect you to the National Forest, downtown Crested Butte, and even all the way up to Mt. CB. The Slate River paddleboard takeout is just minutes away, the Rec Path makes biking into town a breeze, and the RTA bus stops at the neighborhood entrance, easily connecting you to the rest of the valley. Here is your opportunity to get your foot in the door of the Crested Butte real estate market at an incredible value! **Some photos in this listing have been virtually staged.

350 Country Club Dr Unit 307A, Crested Butte

$459,000

1 Beds ⋅ 1 Baths ⋅ 825992 MLS

Welcome to 218 Maroon Ave, Unit E — a cozy mountain escape tucked away along scenic Coal Creek in the heart of downtown Crested Butte. This inviting unit features a versatile loft space, a full bathroom, and a private patio where you can relax to the soothing sounds of the creek. Enjoy one of the best off-street parking spots in town big enough to park a small camper or sprinter van — a rare find in this central location. With low HOA dues and unbeatable walkability to shops, dining, and trails, this is the perfect low-maintenance getaway or year-round basecamp for mountain living. Don’t miss the opportunity to own a piece of downtown Crested Butte charm!

218 Maroon Av Unit E, Crested Butte

309 Belleview #2-B Residential Unit #2-B, Crested Butte

$450,000

1 Beds ⋅ 1 Baths ⋅ 827192 MLS

A unique opportunity to live in town, Unit #2-B at the newly offered Cana Condominiums is a super rare 1-bedroom, 1-bath second-floor unit with stunning views of Crested Butte Mountain. Located on the east side of the building, this unit features an open-concept floorplan with generous living and kitchen areas. Enjoy morning sunrises with natural gas in-floor heat to keep your toes warm in the winter months. There's also a private closet per residential unit in the hallway housing a full-size, stack washer/dryer. This prime location is ideal for locals, with restaurants, bars, grocery stores, shops, the skate park, ice rink, and even the bus stop all within walking distance. The free bus provides convenient access to the ski area in winter. This unit includes one dedicated parking space per the plat. This is the first time this building is being offered as condominiums, with the process 100% complete. Important Note: A restrictive covenant is in place and applies to all residential units: "Units must be owner occupied or used as long-term rentals unless the owner also owns a non-residential unit in the building." Possible Owner financing with 30% down. Built in 2001 by Christopher Klein Construction, it's one of the newer buildings on the street and received a fresh exterior paint job in 2023. The building features a durable Carlyle brand rubber roof. The first floor contains three sunny retail/office spaces, while the second floor includes two 2-bedroom units flanking a smaller 1-bedroom unit. Access to the residential units is via an interior stairwell on the building’s east side. Association Dues Include: natural gas, water & sewer, electric, phone, cable TV, trash, snowplowing, bldg maintenance, common areas. Owners are responsible for their own WIFI and taxes. Dogs may be allowed. Per covenants they are not, but that rule could possibly be changed. Note: Select listing photos utilize AI virtual staging, decluttering, freshen paint on walls, doors and/or trim plus some decluttering for digital enhancement.

309 Belleview #2-B Residential Unit #2-B, Crested Butte

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