Welcome to your mountain-town retreat in the heart of downtown Crested Butte! This unique property offers a delightful 696 square foot one-bedroom, one-bathroom condo AND a separate, attached 293 square foot private office space with a convenient ¾ bathroom, ideal for remote work, a home studio, or small business. Effectively two units in one. Located just steps from the free bus stop and grocery store, daily errands and commuting are effortless. For outdoor lovers, you’ll be thrilled with the quick access right out your front door, providing a gateway to skiing, biking, hiking, and Nordic trails. Enjoy the added bonus of off-street parking—a big perk in downtown CB. Warm and cozy, bright and sunny, efficient natural gas heat, low HOA dues, and low-maintenance. You won't even have to shovel snow! Whether you're looking for a full-time residence, weekend getaway, business HQ, investment property, or all of the above, this gem is a rare find, offering unbeatable location, versatile layout, flexibility and functionality. Seller will consider seller-financing.
Sold non member
$540,000
503 Red Lady Avenue #103, Crested Butte, CO 81224
1beds
989sqft
Condominium
Built in 1994
-- sqft lot
$539,700 Zestimate®
$546/sqft
$2,416 Estimated rent
Home value
$539,700
Estimated sales range
Not available
$2,416/mo
Zestimate® history
Owner options
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$2,416/mo
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$3,013/mo
Est. payment
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$3,013/mo
Est. payment
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Off-street parkingBright and sunnyNatural gas heat
Zillow last checked:
Listing updated:
Listed by:
Ross Tunkey C:970-209-9046,
Bluebird Real Estate, LLC
Bought with:
Gunnison NON MEMBER
NON-MEMBER/FSBO Gunnison
Source: CREN,MLS#: 824592
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining room
- Features: Kitchen Bar
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Features
- Other, Pantry
- Flooring: Carpet-Partial, Laminate
Interior area
- Total structure area: 989
- Total interior livable area: 989 sqft
Property
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Details
- Parcel number: 325503186005
- Zoning description: Mixed-Use
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Materials
- Wood Frame, Wood Siding
- Foundation: Permanent
- Roof: Membrane
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Electricity Connected, Internet, Natural Gas Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- HOA name: Majestic Plaza Condominiums
Location
- Region: Crested Butte
Financial & listing details
- Price per square foot: $546/sqft
- Tax assessed value: $603,430
- Annual tax amount: $3,072
- Date on market: 5/24/2025
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $540,000-9.8%$546/sqft |
Source:  CREN #824592 Report a problem | ||
| 1/21/2026 | Contingent | $599,000$606/sqft |
Source: CREN #824592 Report a problem | ||
| 9/19/2025 | Price change | $599,000-6.3%$606/sqft |
Source: CREN #824592 Report a problem | ||
| 8/8/2025 | Price change | $639,000-1.5%$646/sqft |
Source: CREN #824592 Report a problem | ||
| 7/25/2025 | Price change | $649,000-6.6%$656/sqft |
Source: CREN #824592 Report a problem | ||
| 7/7/2025 | Price change | $695,000-6%$703/sqft |
Source: CREN #824592 Report a problem | ||
| 5/24/2025 | Listed for sale | $739,000$747/sqft |
Source: CREN #824592 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,073 +2.8% | $57,100 +1.1% |
| 2024 | $2,989 -24.6% | $56,470 +21.2% |
| 2023 | $3,964 +11.8% | $46,600 -7.9% |
| 2022 | $3,545 +65.3% | $50,580 -1.6% |
| 2021 | $2,145 | $51,390 +63.8% |
| 2020 | $2,145 -3.9% | $31,380 -0.4% |
| 2019 | $2,231 | $31,520 -2.1% |
| 2018 | $2,231 | $32,180 |
| 2017 | $2,231 -0.7% | $32,180 -11.2% |
| 2016 | $2,246 +114.4% | $36,240 |
| 2015 | $1,047 | $36,240 +14.4% |
| 2011 | -- | $31,690 |
Find assessor info on the county website
Neighborhood: 81224
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Nearby schools
GreatSchools rating
- 9/10Crested Butte Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Gunnison Middle SchoolGrades: 6-8Distance: 21.8 mi
- 4/10Gunnison High SchoolGrades: 9-12Distance: 22.1 mi
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.
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- Colorado
- Gunnison County
- Crested Butte
- 81224
- 503 Red Lady Avenue Unit 103
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