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  • $6,995,000

    228 Elk Avenue, Crested Butte, CO 81224

    2beds
    3,492sqft
    : 
    $43,441/mo
    Get pre-qualified
    Condominium
    Built in 1882
    -- sqft lot
    $6,535,800 Zestimate®
    $2,003/sqft
    $-- HOA

    What's special

    Spacious two-bedroom two-bath residenceThoughtfully designed floor planQuiet outdoor escape
    Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.
    39 days
    386
    4

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Betsy Wiebe C:970-209-8643,

    LIV Sotheby's International Realty - CB

    Source: CREN,MLS#: 837411MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Primary bedroom
      • Level: Upper
      Heating
      • Radiant Floor
      Appliances
      • Included: Range, Refrigerator, Dishwasher, Washer, Dryer, Disposal
      • Laundry: W/D Hookup
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 3,492
      • Total interior livable area: 3,492 sqft

      Property

      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 3,049 Square Feet
      Details
      • Parcel number: 325503150003
      • Zoning description: Mixed-Use

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Wood, Wood Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1882

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Crested Butte (Town of)
      HOA
      • Has HOA: No
      Location
      • Region: Crested Butte

      Financial & listing details

      • Price per square foot: $2,003/sqft
      • Tax assessed value: $2,609,490
      • Annual tax amount: $32,105
      • Date on market: 7/23/2026
      • Electric utility on property: Yes

        Estimated market value

        $6,535,800

        $6.21M - $6.86M

        $3,072/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$6,995,000+599.5%$2,003/sqft
        Source: CREN #837411 Report a problem
        7/17/2017Sold$1,000,000+48.1%$286/sqft
        Source: Agent Provided Report a problem
        2/24/2005Sold$675,000$193/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$25,312 +2.8%$448,530 +17.2%
        2024$24,625 +43%$382,850 +5.6%
        2023$17,218 +12.8%$362,490 +65%
        2022$15,259 +13.6%$219,670 -0.7%
        2021$13,432 $221,170 +12.5%
        2020$13,432 +21.5%$196,520 -0.2%
        2019$11,057 $196,820 +23.4%
        2018$11,057 $159,510
        2017$11,057 -0.7%$159,510 +9.9%
        2016$11,131 $145,200
        2015-- $145,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81224

        Getting around

        70 / 100
        Somewhat Walkable
        98 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gunnison 1-5
        • Middle: Gunnison 6-8
        • High: Gunnison 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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