Gunnison County Homes under $500,000

Gunnison County Homes under $500,000

Welcome to Gunnison County, Colorado—a breathtaking slice of the Rocky Mountains that offers a unique blend of outdoor adventure, small-town charm, and a thriving community spirit. Nestled in the heart of the Rockies, Gunnison County is renowned for its stunning landscapes, including the majestic peaks of the Elk Mountains and the serene waters of Blue Mesa Reservoir. Whether you're an outdoor enthusiast, a nature lover, or simply seeking a peaceful retreat, this county has something for everyone.

For those looking to call Gunnison County home, you'll be delighted to know that there are charming homes available for under $500,000. This makes it an ideal destination for first-time buyers, families, or anyone looking to invest in a slice of Colorado paradise without breaking the bank. Imagine waking up to breathtaking mountain views and having access to world-class skiing, hiking, and fishing right at your doorstep—all while enjoying the affordability of a welcoming community.

The real estate market in Gunnison County boasts a variety of options, from cozy single-family homes to modern townhouses, all set against the backdrop of stunning natural beauty. With a strong sense of community and an array of local amenities, including shops, restaurants, and cultural events, living in Gunnison County means embracing a lifestyle rich in adventure and connection.

Discover your dream home in Gunnison County today, where affordable living meets the grandeur of Colorado’s great outdoors. Join a community that values nature, adventure, and a vibrant way of life!

Newest Gunnison County Homes under $500,000

46 Ponderosa Ln, 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

135 Ridge Rd, Cimarron
$405,000
2 Beds ⋅ 2 Baths ⋅ 838493 MLS
Rare opportunity to own one of Arrowhead’s original cabins! Built in 1981, this charming 1,674 sq. ft. A-frame offers classic mountain character, spacious living, and beautiful tree-lined views. The home features 2 large bedrooms, 1.5 baths, laundry room, mudroom, vaulted tongue-and-groove ceilings, large windows providing abundant natural light, and a cozy wood-burning stove. Step outside onto the large front deck and enjoy the peaceful mountain setting. A detached 600 sq. ft. garage provides plenty of room for vehicles, recreational equipment, projects, and storage, with a dedicated shop area. Arrowhead is an outdoor enthusiast’s paradise, offering 3 lakes for fishing, miles of trails, and access to adjacent National Forest and BLM lands. Conveniently located near Black Canyon of the Gunnison National Park, Curecanti National Recreation Area, and Blue Mesa Reservoir, with endless opportunities for hiking, fishing, boating, wildlife viewing, and exploring. Enjoy summer evenings at Arrowhead Mountain Lodge, featuring delicious food, drinks, and live music on weekends throughout the summer. Winter brings snowmobiling, snowshoeing, and cross-country skiing, with seasonal access via snowmobile or track vehicle on groomed roads. A special Colorado mountain retreat offering history, privacy, recreation, and year-round adventure. Buyer to verify all information, including square footage, dimensions, measurements, and other property details.

135 Ridge Rd, Cimarron

Start Your Search

board logoThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to limited license rights. Duplication or reproduction is prohibited. FULL CREN Disclaimer Real Estate listings held by companies other than CREN contain that company's name. Fair Housing Disclaimer This data was last updated: