A rare opportunity to build on a vacant homesite overlooking the East River and surrounding wetlands, where mornings begin with wildlife and sweeping natural views. Welcome to 45 Cascadilla Street in Crested Butte South. This .41-acre lot sits above the river and captures expansive views of Red Mountain, Whetstone Mountain, and the iconic peaks at the north end of the valley. With unobstructed western exposure, the property is perfectly positioned to enjoy the dramatic Rocky Mountain sunsets that define life in Crested Butte. The current owner has completed much of the upfront work, including a soils test, wetland delineation and topographical survey, offering a valuable head start for future construction. Located just 8 miles south of the Town of Crested Butte, Crested Butte South features a growing commercial district, playground, ice skating rink and groomed cross-country ski trails in the winter, along with easy access to miles of hiking and biking trails via Cement Creek Road. A special setting that blends views and proximity to year-round recreation.
Active
$475,000
45 Cascadilla Street, Crested Butte, CO 81224
--beds
--baths
0.41Acres
Unimproved Land
Built in ----
0.41 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Sweeping natural viewsOverlooking the east riverSits above the riverUnobstructed western exposureSurrounding wetlands
- 211 days
- 36
- 3
Zillow last checked:
Listing updated:
Listed by:
Margaret Dethloff C:970-209-7880,
Bluebird Real Estate, LLC
Source: CREN,MLS#: 831379
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Stream/River
- Waterfront features: River/Stream
Lot
- Size: 0.41 Acres
- Features: Adj to Open Space, Fishing Rights
- Topography: Steep
Details
- Parcel number: 325727305020
- Zoning description: Residential Single Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available
Community & HOA
Community
- Subdivision: Crested Butte South
HOA
- Has HOA: Yes
- HOA name: Crested Butte South POA
Location
- Region: Crested Butte
Financial & listing details
- Tax assessed value: $235,000
- Annual tax amount: $4,295
- Date on market: 2/2/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,963/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $475,000-13.6% |
Source: | ||
| 2/2/2026 | Listed for sale | $550,000+134% |
Source: | ||
| 2/9/2022 | Sold | $235,000-1.7% |
Source: Public Record Report a problem | ||
| 9/3/2021 | Price change | $239,000+20.1% |
Source: | ||
| 3/2/2021 | Price change | $199,000+25.2% |
Source: | ||
| 8/28/2020 | Price change | $159,000+14.4% |
Source: Fourth Street Realty, Inc. #764835 Report a problem | ||
| 6/30/2020 | Price change | $139,000-6.7% |
Source: Fourth Street Realty, Inc. #764835 Report a problem | ||
| 12/19/2019 | Listed for sale | $149,000+7.2% |
Source: Fourth Street Realty, Inc. #764835 Report a problem | ||
| 11/1/2019 | Listing removed | $139,000 |
Source: LIV Sotheby's International Realty #757171 Report a problem | ||
| 7/30/2019 | Price change | $139,000-12.6% |
Source: Crested Butte Sotheby's International Realty #757171 Report a problem | ||
| 2/23/2019 | Price change | $159,000-9.1% |
Source: Crested Butte Sotheby's International Realty #757171 Report a problem | ||
| 10/9/2018 | Listed for sale | $175,000 |
Source: Crested Butte Sotheby's International Realty #750888 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,512 +3.5% | $63,450 -6.9% |
| 2024 | $4,359 +37% | $68,150 +3.9% |
| 2023 | $3,183 +15% | $65,570 +62.7% |
| 2022 | $2,769 -4.9% | $40,310 |
| 2021 | $2,912 | $40,310 -4.1% |
| 2020 | $2,912 +68.1% | $42,050 |
| 2019 | $1,732 | $42,050 +73.6% |
| 2018 | $1,732 | $24,220 |
| 2017 | $1,732 +0.4% | $24,220 +31.3% |
| 2016 | $1,726 +55.9% | $18,440 |
| 2015 | $1,107 | $18,440 -21.4% |
| 2011 | -- | $23,460 -35.3% |
| 2010 | -- | $36,250 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 81224
Nearby schools
Schools provided by the listing agent
- Elementary: Crested Butte Community K-12
- Middle: Crested Butte Community K-12
- High: Crested Butte Community K-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





