$12,000,000

Parcel G, Tbd Prospect Drive, Mt. Crested Butte, Co 81225

  • 6.3 Ac lot
  • MLS#839521

About the Property

Parcel B – Upper Prospect Hotel Site - $12,000,000

A Rare Foothold

There is nothing quite like this remaining in a Colorado ski resort. Upper Prospect sits at the convergence of three chairlifts — Painter Boy, Gold Link, and Prospect — with 360-degree views of world-famous slopes, national forests, and mountain peaks, and this roughly 6-acre parcel is the last true hospitality de
Parcel B – Upper Prospect Hotel Site - $12,000,000

A Rare Foothold

There is nothing quite like this remaining in a Colorado ski resort. Upper Prospect sits at the convergence of three chairlifts — Painter Boy, Gold Link, and Prospect — with 360-degree views of world-famous slopes, national forests, and mountain peaks, and this roughly 6-acre parcel is the last true hospitality development-scale opportunity of its kind in the state. Priced below comparable sites across Colorado’s resort markets, Parcel G carries previous entitlement history under the 2001/2002 approved PUD (Reception No. 521967) for: “Maximum of eighty (80) Residential Condominium Units. The GRFA shall not exceed an average of 2,000 square feet/unit or a total of 160,000 square feet.” Plus ”Commercial space: maximum of 33,000 square feet CRFA.” Development will require new application.

This is a chance to write the next chapter of Mt. Crested Butte, by building something the community can stand behind. This site offers a developer the rare position of shaping growth intentionally, in step with the town’s character. Adjacent to the beloved Umbrella Bar, the seasonal gathering spot for skiers all winter and weddings all summer, the site is already woven into the daily rhythm of the resort. An established entitlement team is in place if desired, combined with land-use attorneys, local counsel, and metro-district attorney who have already assisted with entitlements in the area. All with metro districts for the Parcel already formed, in order to accelerate the path forward. Visit [hidden information] for photos, video, and additional information.

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  • Property type

    Land

Features

  • Mountain View
  • Ski-In / Ski-Out
  • Panoramic / Scenic View

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Parcel G Prospect Drive , Mt. Crested Butte, CO 81225, United States View on Google Maps
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Michelle Rampelt

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Michelle Rampelt
Colorado, United States
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15
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2022
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LIV Sotheby's International Realty
LIV Sotheby's International Realty
401 Elk Avenue PO Box 210, 81224, Crested Butte, Colorado, United States
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Colorado’s ‘Last Great Ski Town,’ Crested Butte is known for its funky charm and immense beauty. Located in the Elk
Colorado’s ‘Last Great Ski Town,’ Crested Butte is known for its funky charm and immense beauty. Located in the Elk Mountains at an elevation of 8,909 feet, the town of Crested Butte began in the 1870s as a supply point for prospectors. Named after the distinctive peak nearby, Crested Butte soon became a hub for coal mining, and later transitioned into a ski town. Lately, it has become a year-round outdoor recreational hub for skiers, mountain bikers, hikers, fishermen and women, hunters, and boaters alike. In the early 1960s, Dick Eflin and Fred Rice bought a ranch three miles northeast of Crested Butte and converted it into a ski area, complete with one of the first gondolas in the state. It is now home to the town of Mt. Crested Butte and Crested Butte Mountain Resort. The ski area boasts 15 lifts accessing 121 trails including world-class extreme runs on the North Face and Headwall. The town of Crested Butte holds on to its mining past with original clapboard homes and businesses in an array of bright colors dotting Elk Avenue and throughout the entire town. Historic charm throughout the town and a top-10 rated public school continue to draw new homeowners throughout the valley.
The brokers of LIV Sotheby’s International Realty’s Crested Butte office love the outdoors and sharing their trail recommendations and experiences with visitors and locals alike. The office is located in the middle of downtown Crested Butte at 401 Elk Avenue. Contact one of our broker professionals today to learn more about Crested Butte real estate opportunities.
Specialization: Resort Properties, Land & Acreage, Farm & Ranch Properties

Coverage Area: Crested Butte, Mt. Crested Butte, Crested Butte South, Almont, Gunnison, Arrowhead, Blue Mesa Reservoir, Irwin, Lake City, Tincup, Pitkin, Powderhorn
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Last updated
Yesterday
First listed
October 5
Listing reference
K4DX92
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