For sale

$950,000

Est. $6,325/mo

Land

•

0.92

acre (lot)

82 & 116 Elk Valley Rd, Crested Butte, CO 81224

About this home

Rare development opportunity in Buckhorn Ranch, just minutes from downtown Crested Butte, Colorado. This multifamily parcel offers the potential to develop up to eight residential units, providing an exceptional opportunity for an investor, developer, or owner-user looking to create a thoughtfully designed, mountain project. Set against the dramatic backdrop of the Gunnison Valley and the surrounding peaks, the property combines the appeal of a Crested Butte location with the flexibility and potential of multifamily development. The site offers an opportunity to capitalize on the area's strong demand for housing while creating a cohesive collection of residences in a desirable mountain setting. Whether envisioned as a small multifamily community, a collection of mountain residences, or an investment property, this parcel presents a unique opportunity to bring up to eight units to life in one of Colorado's most sought-after mountain destinations.

Vacant landProperty Type

0.92 acresLot Size

$1,032,609Price/Acres

Listed by Cassie Gates • LIV Sotheby's International Realty - CB

Listed by Martin Spencer • LIV Sotheby's International Realty - CB

Contact: C: 970-596-5516

Listing updated: Aug 18, 2026 at 01:39am

Redfin checked: 4 minutes ago

•Source:cren #838145

Payment calculator

$6,325 per month

Principal and interest$5,249

Property taxes

$846

HOA dues

Home insurance

$230

Utilities

Add

Affordability tools

Open houses

No upcoming open houses.

Around this home

Schools

K - 12
Preschool & daycare

Crested Butte Elementary School

Public K-5 • Assigned • 2.4mi

9/10

Gunnison Middle School

Public 6-8 • Assigned • 20.6mi

6/10

Gunnison High School

Public 9-12 • Assigned • 21.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Property has a view

Sale and tax history for 82 & 116 Elk Valley Rd

Sale History
Tax History

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

0.46 Acres

Year renovated

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Gunnison County

APN

R042523

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

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Garage

—

Features

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Last updated by owner on Sep 2, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

1/10 Heat Factor

10 days above 78° expected this year, 26 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Crested Butte, CO • 81224

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Crested Butte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 82 & 116 Elk Valley Rd

$873,095

$77K under list price of $950K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $565K to $1.6M.

SOLD SEP 16, 2026
$1,500,000 Last sold price
3 beds2.5 baths2,001 sq ft
384 White Stallion Cir, Crested Butte, CO 81224
smaller lot
SOLD AUG 21, 2026
$565,000 Last sold price
Land— sq ft
468 Country Club Dr, Crested Butte, CO 81224
smaller lot
SOLD OCT 1, 2026
$1,350,000 Last sold price
3 beds2.5 baths1,847 sq ft
349 Shavano St, Crested Butte, CO 81224
smaller lot
SOLD SEP 30, 2026
$929,500 Last sold price
3 beds2 baths1,815 sq ft
20 Stephenson Pl, Crested Butte, CO 81224
smaller lot
SOLD SEP 29, 2026
$1,575,000 Last sold price
3 beds2.5 baths2,064 sq ft
111 Alpine Ct, Crested Butte, CO 81224
smaller lot
basement
SOLD SEP 2, 2026
$1,256,000 Last sold price
4 beds3 baths2,082 sq ft
654 Shavano St, Crested Butte, CO 81224
smaller lot

Contact listing agent

Cassie Gates

LIV Sotheby's International Realty - CB

970-596-5516

cgates@livsothebysrealty.com

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