Gunnison Homes under $500,000

Welcome to Gunnison, Colorado – a hidden gem nestled in the heart of the Rocky Mountains! Known for its stunning landscapes, vibrant community, and outdoor adventures, Gunnison offers a lifestyle that perfectly balances tranquility and excitement. With its rich history as a hub for mining and agriculture, the city has evolved into a haven for nature lovers, artists, and families alike.

Gunnison is surrounded by breathtaking natural beauty, including the majestic peaks of the Gunnison National Forest. Outdoor enthusiasts can explore numerous hiking and biking trails, fish in pristine lakes and rivers, or ski the slopes at nearby Crested Butte during the winter months. The area is also home to the renowned Blue Mesa Reservoir, perfect for boating and water sports in the summer sun.

For those looking to call Gunnison home, you'll be pleased to discover a variety of charming homes available for under $500,000. This affordable housing market makes it easier for first-time buyers, families, and retirees to find their perfect sanctuary in this picturesque town. From cozy single-family homes to quaint townhouses, the options are diverse and inviting, each offering a unique glimpse into the welcoming spirit of the community.

In Gunnison, you’ll not only find a home but a lifestyle enriched by friendly neighbors, local eateries, and a strong sense of community. Whether you’re seeking adventure or a peaceful retreat, Gunnison is waiting to welcome you with open arms. Experience the magic of mountain living without breaking the bank – your dream home awaits!

Newest Gunnison Homes under $500,000

$185,000

3 Beds ⋅ 2 Baths ⋅ 839518 MLS

Don’t miss this amazing opportunity to own an affordable 3 bedroom/2 bath mobile home within the city limits of Gunnison! Located in Aspen Acres Mobile Home Park, this well designed home offers comfortable living space and plenty of storage, with a monthly lot rent of just $450. Inside, you’ll find an oversized primary bedroom with its own private bathroom, providing a comfortable retreat. The spacious kitchen and dining area offer plenty of room for entertaining and everyday living, flowing seamlessly into the living room. Two additional bedrooms and a full bathroom are located at the opposite end of the home, creating a functional layout with separation between the primary suite and secondary bedrooms. Outside, the property features two storage sheds for all your tools, toys, and belongings, along with off street parking for your vehicles. Conveniently located within Gunnison, this home offers an opportunity to enjoy the Gunnison lifestyle while keeping ownership costs manageable. Come take a look and see if this 3 bedroom/2 bath home is the opportunity you’ve been waiting for!

1215 W New York Ave Unit 8, Gunnison

$499,000

3 Beds ⋅ 2 Baths ⋅ 839479 MLS

Located just minutes north of Gunnison, 46 Ponderosa Lane offers an appealing combination of convenience, outdoor access, and comfortable single-level living. Set in a peaceful neighborhood off County Road 11, this 3-bedroom, 2-bath home features 1,178 square feet of living space on a 7,596-square-foot lot with a fenced yard and seasonal creek running through the backyard. Recent 2026 improvements include a remodeled kitchen, new carpeting, and a new hot water heater. This home has also been upgraded to a stem wall foundation that offers greater financing flexibility than many other manufactured homes. Inside, the open and functional floor plan centers around a spacious living room, while natural gas forced-air heating and cooling provides efficient, year-round comfort—a particularly desirable feature in the Gunnison Valley, where air conditioning is uncommon. The recently remodeled kitchen is located just off the living area and connects naturally to the primary bedroom, which features a generous closet and private ensuite bathroom. Two additional bedrooms and a full shared bathroom are located on the opposite side of the home, providing a practical layout for family, guests, or a home office. Outside, the fenced yard offers plenty of room for dogs, gardening, entertaining, or simply enjoying the peaceful surroundings. An additional storage shed provides convenient space for bikes, tools, and outdoor gear. The location is a major highlight, with a free RTA bus stop within walking distance providing easy access to both Gunnison and Crested Butte. Just as close is the Gunnison Rec Path, offering convenient access for walking, running, or biking to downtown Gunnison or the river. The Gunnison River, a nearby public boat launch, and local favorite Garlic Mike’s are all just minutes away. The property includes ownership of the land with no lot rent, while low HOA dues of approximately $90 per month cover water, trash, and snow removal. A comfortable and practical Gunnison-area property offering recent updates, a stem wall foundation, year-round forced-air heating and cooling, land ownership, and easy access to the recreation and amenities of the Gunnison Valley.

46 Ponderosa Ln, Gunnison

$235,000

2 Beds ⋅ 1 Baths ⋅ 839415 MLS

Great opportunity at 306 N 9th Street #6B! This unit has been tastefully updated and is ready for its next owner. Enjoy low HOA dues and an affordable opportunity to own a well-maintained property in a convenient location. Whether you’re looking for a primary residence or an investment property, this unit is definitely worth a look. Be sure to ask us about the seller’s concession!

306 N 9th St Unit 6B, Gunnison

$429,000

3 Beds ⋅ 2 Baths ⋅ 839289 MLS

Great opportunity to own a three-bedroom, two-bath condo conveniently located near downtown Gunnison! Situated between South Main Street and Wisconsin Street, this home offers easy access to shopping, dining, schools, and everything Gunnison has to offer. The functional two-level floor plan features a bedroom and full bathroom on the main level, with two additional bedrooms and a second full bathroom upstairs. Recent improvements include an updated kitchen, fresh interior paint, a new range/oven, new washing machine, and other updates throughout. A detached garage provides valuable covered parking and extra storage for bikes, skis, and all your mountain-town gear. The property also includes two assigned parking spaces and a small private fenced area behind the garage, providing additional outdoor space. Pet-friendly and one of just four condominium units in West Elk TH, this property is conveniently located just south of Highway 50. Whether you're looking for a primary residence, a Gunnison home base, or an investment property, this is a great opportunity to own a three-bedroom property close to downtown while building equity in the Gunnison Valley. Come take a look!

420 S Wisconsin Unit 3, Gunnison

$40,000

2 Beds ⋅ 1 Baths ⋅ 839262 MLS

Affordable Gunnison living with room to make it your own! This cozy mobile home features a functional layout with several recent updates, including new flooring, new countertops, fresh paint, and refinished kitchen cabinets. A partially enclosed front porch adds extra usable space, while the all-in-one washer/dryer provides added convenience. The twin daybed, living room TV and TV stand, and washer/dryer are included with the sale. Monthly lot rent is $400 and includes water, sewer and trash. Buyer must be approved by the mobile home park owner. No dogs permitted. A great opportunity for affordable living in the Gunnison Valley!

301 S 2nd St Unit 62, Gunnison

$250,000

2 Beds ⋅ 1 Baths ⋅ 838657 MLS

Sunny top-floor end-unit condo in the heart of Gunnison. This delightful two-bedroom, one-bath residence offers a bright, open floor plan with south and west-facing windows that fill the home with natural light. The kitchen features updated appliances and large island with additional bar seating. Two spacious bedrooms are complete with updated windows and generous closet space. A charming, functional layout makes this an inviting home or investment opportunity. Ideally located close to river parks, trails, downtown restaurants, shopping, Gunnison airport, Western Colorado University, and everyday amenities. The well-maintained complex features a new metal roof. A wonderful opportunity to enjoy convenient Gunnison living in a sunny, top-floor setting.

212 S 11th St Unit 209, Gunnison

$98,500

838441 MLS

1911 log cabin located on .186 acres bordering US HWY 50 (11 miles East of Gunnison). The early 1900's 654 square foot log structure includes an undocumented well. 2023 improvement to the cabin include installing complete new roof, removing and replacing all flooring walls and ceiling, installing concrete floor joists, insulating ceilings and walls, installing new doors and trim work. The site will require installation of solar panels, as there is no electricity or septic available. RV parking and camping has restriction per Gunnison County.

51513 Us Highway 50th Hwy, Gunnison

$425,000

3 Beds ⋅ 2 Baths ⋅ 837082 MLS

Enjoy the convenience of in-town living with this cute 3-bedroom, 2-bath condo, ideally located near downtown Gunnison, schools, parks, shopping and year-round recreation. This property offers a wonderful combination of comfortable living, outdoor space, and flexibility. The functional floor plan features bright living spaces, an open kitchen and dining area on the main level, and two spacious bedrooms on the top level with a full bathroom. The garden-level suite includes a bedroom, bathroom, living area, and kitchenette, creating a versatile space for guests, extended family, roommates or a variety of living arrangements. Step outside to enjoy your own private fenced yard and deck, providing the perfect setting for outdoor dining, gardening, pets or simply relaxing on warm summer evenings. The property benefits from the front yard being equipped with a sprinkler system, and seasonal ditchwater for irrigation. The Hallmark Townhomes Association takes care of the front landscaping, helping make ownership simple, convenient and welcoming. Whether you're looking for your first home, a prime investment opportunity or a property with added versatility, this condo is ready to welcome you to life in the beautiful Gunnison Valley.

512 N 14th St Unit 1, Gunnison

$419,000

1 Beds ⋅ 1 Baths ⋅ 836565 MLS

Escape to your own private Colorado mountain retreat on 29± acres in Saguache County, overlooking the Gunnison Valley. This unique off-grid property features a 528sqft cabin, a separate 2 bedroom bunkhouse/ADU, owned solar, propane, and a 500-gallon holding tank, offering the perfect blend of comfort and self-sufficient mountain living. The cabin is being offered fully furnished, making it truly move-in ready for your next mountain getaway, hunting camp, or vacation retreat. After a day outdoors, relax on the screened-in back deck, or gather around the fire pit on cool mountain evenings and enjoy the quiet that only the Colorado high country can offer. A county registered outhouse is conveniently located near the ADU, adding extra functionality for guests and outdoor gatherings. Situated in highly desirable GMU 67, this property is an outstanding basecamp for hunters, outdoor enthusiasts, and anyone looking to experience Colorado's high country. The area is renowned for trophy elk and mule deer hunting, while nearby BLM access provides endless opportunities for horseback riding, hiking, ATV and UTV riding, and wildlife viewing. The property is home to an abundance of wildlife, from hummingbirds and songbirds to deer, elk, and even the occasional moose. Aspen groves, spruce trees, and seasonal wildflowers create a beautiful setting throughout the year. Horse owners will appreciate the pipe corrals and direct access to riding opportunities. Two driveway access points offer convenient entry to the property, making it easy to head out for a day of riding or exploring. Spend your mornings taking in panoramic mountain views and your evenings watching Gunnison's Fourth of July fireworks from the comfort of your own porch. Unlike many remote mountain properties, this off-grid retreat also offers cell service, providing the convenience of staying connected when needed. There is a Road Owners Association that costs $200 per year for road maintenance. Whether you're searching for a hunting property, recreational retreat, off-grid cabin, horse property, or mountain escape, this rare offering combines privacy, breathtaking scenery, turnkey convenience, and unmatched access to some of Colorado's finest outdoor recreation.

Tbd 1tt Rd, Gunnison

912 W Gunnison Ave Unit Lot 10, Gunnison

$179,000

2 Beds ⋅ 2 Baths ⋅ 836515 MLS

One of the kind trailer within Frontierland is available for sale. Land is not for sale. A single wide (56x15) built in 2025 with 2 bedroom 1 3/4 bathroom about 868 sqft, Primary bedroom has a walk in closet within the bathroom. Nice vinyl planks throughout the trailer no carpets. Kitchen has an island, DuraCraft cabinets, and all stainless appliances with disposal and deep double bowel kitchen sink. Washer and Dryer is included with the sale of the trailer. Currently rented on a month to month basis, tenant is aware of the sale and notice is given by the owner of the trailer.

912 W Gunnison Ave Unit Lot 10, Gunnison

$355,000

2 Baths ⋅ 836076 MLS

Duplex now available in the heart of Gunnison, walking distance to RTA bus-stop, shopping and town amenities. 404 and 406 S. 11th offer 2 bedrooms, 1 bath, kitchen and living area for each unit. Each unit has a fenced in yard and off-street parking with City of Gunnison water, sewer and electric. Atmos gas is available and each unit has individual meters for all utility services. The property will be sold As-Is. Unit 406 is vacant and easy to see with notice. 404 is occupied with a lease in place and must be honored. Viewings for 404 require 48 hours notice. Gunnison is home to Western Colorado University. The County of Gunnison is known for abundant recreational opportunities to ski, hike, hunt, enjoy white water rafting and the local White Water park, Hartman's Recreational Area for mountain biking and winter cross country skiing. Call for information and your tour.

404 S 11th St, Gunnison

$299,000

2 Beds ⋅ 1 Baths ⋅ 835485 MLS

12101 County Road 1-TT Cabin is located on 13.91 acres just south of Gunnison. Great mountain property and very comfortable well-maintained cabin. Locked gate access to help assure your privacy and big mountain views to the north looking at the West Elk Wilderness from your property. Kitchen has a gas range top, cabinets, and refrigerator. The cabin features a cistern tank for your water supply and a full septic system. The dining and living room also have great views of the West Elk Wilderness and the valleys to the west. The guest house has multiple bunk beds for the extra guests. Thermopane windows, woodstove, concrete floors, huge outdoor sitting area between the guest cabin and garage. A storage shed for tools or supplies. This well-loved cabin with acreage is set up to be your wonderful getaway for generations! **No HOA***

12101 County Road 1-Tt, Gunnison

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