Skip main navigation
Active
  • $865,000

    506 Nicholson Lake Ridge Road, Crested Butte, CO 81224

    --beds
    --baths
    1.64Acres
    Unimproved Land
    Built in ----
    1.64 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Views of paradise divideSpectacular lakeside ridgeYear-round access
    Only 10 minutes from downtown Crested Butte and the ski resort, yet 506 Nicholson Lake Ridge Road feels worlds away! Located in the coveted Alpine Meadows subdivision, this 1.64-acre property is your last chance to design and build a home along the spectacular lakeside ridge of the neighborhood (after this, there are no more lots left!). With year-round access, it combines the privacy and tranquility of a rural mountain setting with incredible proximity to town. Standing on the lot among the mature pines, there’s a real nostalgic cabin-by-the-lake feel. Uniquely, Alpine Meadows does not have designated building envelopes, giving you the flexibility to choose the build site and views that best suit your vision. Toward the front of the lot, you could orient the home to capture views of Paradise Divide, as well as take advantage of great southern exposure for solar gain. Toward the back, selective tree clearing could open up gorgeous views of Mt. Crested Butte and Nicholson Lake, one of the neighborhood’s defining amenities. The private lake is shared by just 22 homeowners and enjoyed for fishing, swimming, paddleboarding, and more. Just beyond it, the Lupine Trailhead provides convenient summer access to miles of trails, with the Oh Be Joyful Valley and Paradise Divide farther up the road. In winter, the road closes just past the lake, putting snowmobiling, snowshoeing, cross-country skiing, and backcountry recreation practically outside your door. The current owners have already completed valuable preliminary due diligence, including soils testing and surveys. Water and power are available at the lot, and an existing shed is served by 200-amp electrical service, providing useful storage and functionality from day one. There simply are not many places left where you can build something entirely your own, enjoy a private lake and year-round recreation, and still be this close to Crested Butte. 506 Nicholson Lake Ridge Road is one of them.
    6 days
    198
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexandra Richland C:571-550-0821,

    Signature Properties Ebner & Associates, LLC

    Source: CREN,MLS#: 838518MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      • Waterfront features: Lake/Reservoir
      Lot
      • Size: 1.64 Acres
      • Features: Wooded, Cul-De-Sac, Fishing Rights
      Details
      • Additional structures: Equipment Shed
      • Parcel number: 317728002006
      • Zoning description: Residential Single Family

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well-Other
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Alpine Meadows
      HOA
      • Has HOA: Yes
      • HOA name: Alpine Meadows
      Location
      • Region: Slate River Valley

      Financial & listing details

      • Tax assessed value: $531,960
      • Annual tax amount: $8,488
      • Date on market: 8/28/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,882/mo

        Price history

        DateEventPrice
        8/28/2026Listed for sale$865,000+27.2%
        Source: CREN #838518 Report a problem
        2/18/2021Sold$680,000
        Source: Public Record Report a problem
        1/5/2021Pending sale$680,000
        Source: Bluebird Real Estate #768918 Report a problem
        5/1/2020Listed for sale$680,000
        Source: Bluebird Real Estate #768918 Report a problem
        11/1/2019Listing removed$680,000
        Source: Bluebird Real Estate #762473 Report a problem
        8/29/2019Listed for sale$680,000
        Source: Bluebird Real Estate #762473 Report a problem
        10/10/2007Sold$680,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,722 +3.2%$143,630 -4%
        2024$8,456 +54.9%$149,680 +3.9%
        2023$5,459 +528.9%$144,010 +79.4%
        2022$868 -29.3%$80,270 +442%
        2021$1,228 $14,810 -30.1%
        2020$1,228 +57.5%$21,180 -0.7%
        2019$780 $21,330 +60.5%
        2018$780 $13,290
        2017$780 $13,290 +34%
        2015-- $9,920 +18.2%
        2014-- $8,390
        2013-- $8,390 -49.4%
        2012-- $16,590
        2011-- $16,590 -40.5%
        2010-- $27,870 +0%
        2009-- $27,860
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts