New Listing
$12,000,000
 $64,419 est/mo Sourced by Back At You

Parcel G Prospect Drive,Crested Butte, CO 81225

Crested Butte, CO 81225

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Description

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 and subdivision approval. 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. Customs websites available upon request.

Details

MLS #839521
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site5
Listing Provided ByLIV Sotheby's International Realty - CB | Michelle Rampelt

Features

Acreage6.30

Exterior

Lot FeaturesSki In Ski Out

Other

List AorGunnison Crested Butte Association Of Realtors

Area Information

StateCO
CountyGunnison
CityCrested Butte
Zip Code81225
AreaMt. Crested Butte
Community NameOther
School DistrictCrested Butte Community K-12
Elementary SchoolCrested Butte Community K-12
High SchoolCrested Butte Community K-12
Listing VS Median (in Other)
Price:
$12,000,000
low | high
Med:
$549,900
100% of Average
On site:
5
low | high
Med:
68
7.352941176471% of Average
Sourced by Back At You

Market Activity 81225

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Learn More About This Property

StateCO
CountyGunnison
CityCrested Butte
Zip Code81225
AreaMt. Crested Butte
Community NameOther
School DistrictCrested Butte Community K-12
Elementary SchoolCrested Butte Community K-12
High SchoolCrested Butte Community K-12
Listing VS Median (in Other)
Price:
$12,000,000
low | high
Med:
$549,900
100% of Average
On site:
5
low | high
Med:
68
7.352941176471% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 12:49:51 AM PDT