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180 Elk Valley Road #114 & 116, Crested Butte, CO, 81224

7beds
7baths
4,812sqft
$3,650,000
$759price/sqft
$20,289/moest. monthly cost
$811,560/yrincome needed

About This Home

One mountain retreat. Two private homes. A legacy for generations. Mountain homes are where memories are made - but they're also where everyone needs a little space. These connected 3- and 4-bedroom townhomes offer the best of both worlds: a seven-bedroom mountain retreat with the privacy and independence of two separate residences. Picture grandparents enjoying a quiet morning on their own deck while the grandkids wander over in pajamas for pancakes. Adult children can stay under the same roofline without feeling like guests. Everyone can gather for dinner after a day on the slopes or trails before retreating to their own private home at day's end. Each townhome features expansive windows that frame views of the surrounding peaks, exposed steel accents and railings, gas fireplaces, steam showers, and radiant floor heat. The second floor living spaces offer an open layout, vaulted ceilings, and private balcony with views of Whetstone Mountain. The attractive kitchen is outfitted with high-end stainless steel appliances, quartz countertops, and a generous island perfect for entertaining. Head down the hall to the primary suite and be wowed by the views of Mt Crested Butte from the second, private balcony. Each lower level is complete with additional guest bedrooms and bathrooms, laundry room, patio wired for a hot tub, and heated, 2-car garage. Even when the whole family isn't in town, the flexibility continues. Live in one residence and rent the other, host friends in complete privacy, or generate income from one side while keeping the other exclusively for your family. Whether you're creating a place for holidays, summers, or the next generation of family traditions, this is more than a vacation property - it's a legacy designed to bring people together for years to come.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

6/10
Gunnison Middle SchoolGrades 6-820.6 mi
4/10
Gunnison High SchoolGrades 9-1220.9 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Wood,Wood Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Range,Refrigerator,Dishwasher,Washer,Dryer,Disposal,Microwave,Exhaust Fan
  • Laundry features: W/D Hookup

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 2
  • 3/4 bathrooms: 3
  • 1/2 bathrooms: 2

Dining Room

  • Features: Living Room Dining

Features

  • Ceiling Fan(s),Vaulted Ceiling(s),Pantry,Walk-In Closet(s),Steam Room
  • Flooring: Tile
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant Floor
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 4,812
  • Total interior livable area: 4,812 sqft

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 325707420004

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Deck
  • Exterior features: Landscaping,Lawn Sprinklers
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 10,585 sqft

Parking

  • Total spaces: 4
  • Parking features: Attached Garage,Garage Door Opener,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Avalanche
    AvalancheRelatively High
  • Landslide
    LandslideRelatively High

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Avalanche
Landslide

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,456$221,472
Home Insurance *$528$6,336
Property Taxes $942$11,304
Electricity $363$4,359
Total$20,289$243,468
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$695,622/yr
40% on housing$608,670/yr
45% on housing$541,040/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.6%
14.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.6%
3.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$759This listing

vs Other Active Listings

Avg $/sqft

ZIP 81224$834
Gunnison County$563

vs Homes Sold Last Month

Median $/sqft

ZIP 81224
Gunnison County$701

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Listed for sale$3,650,000

New Construction

AgentCassie Gates
BrokerageLIV Sotheby's International Realty - CB

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