Luxury homes mean different things to different people. Some people will attempt to quantify luxury based off home prices in the area. One such definition is that luxury represents the top 10% of home sales, which in 2015 would place luxury homes in Crested Butte at roughly 1.1 million. Another definition is that luxury is 3 times the average sales cost. In that case, Crested Butte luxury homes would be at or above 1.5 million.
In Crested Butte, a luxury home may be a penthouse suite at the base of the ski area, complete with ample amenities and concierge services. A Crested Butte luxury home may also mean a painstakingly restored 1880’s miner’s cabin, with modern high-end finishes and construction. For others, luxury may include 100’s of acres of ranchland, in an idyllic setting such as the Ohio Creek valley north of Gunnison. Some luxury neighborhoods in the Crested Butte area include Prospect, the town of Crested Butte, Skyland, Trapper’s, and Red Mountain Ranch. Crested Butte luxury condos may be found in several complexes, most notably at the Lodge at Mountaineer Square and West Wall.
In all of these cases, the common denominator is that luxury properties themselves are special and unique in one way or another. That may mean amenities, exceptional build quality, ski in/ ski out convenience, a home on the golf course, or a home in a spectacular setting. People tend to know luxury when they see it. The listings below are for homes over $1 million, even though they may not all qualify as true luxury homes.
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Crested Butte Luxury Homes
-newest listings in the Crested Butte area: