Located on Elk Avenue in the heart of Downtown Crested Butte, this historic home is rich with authentic Crested Butte charm while benefiting from extensive modern updates. Recent improvements include a new foundation, upgraded insulation, and updated mechanical systems, providing enhanced comfort, efficiency, and long-term durability while preserving the character of the original structure. The home lives significantly larger than its square footage, offering a highly functional and inviting layout. While short-term rental licenses are limited town-wide, this block retains unused availability. The outdoor space is exceptionally spacious for downtown living, featuring mature landscaping, ample seating areas, and a surprising sense of privacy despite being in the center of town. The renovated garage/flex space adds outstanding versatility, complete with a 1/2 bath and excellent potential for a private office, studio, or additional living area. Just steps from Elk Avenue’s shops and restaurants and the ski bus, this property offers a rare combination of historic character, privacy, and modern livability in one of Crested Butte’s most desirable locations.
Active
$1,999,000
640 Elk Avenue, Crested Butte, CO 81224
3beds
1,417sqft
Stick Built
Built in 1890
4,356 Square Feet Lot
$1,899,400 Zestimate®
$1,411/sqft
$-- HOA
What's special
- 136 days
- 592
- 31
Zillow last checked:
Listing updated:
Listed by:
Letitia McElroy Swan C:970-209-1998,
Coldwell Banker Mountain Properties,
Michael Swan 540-272-1628,
Coldwell Banker Mountain Properties
Source: CREN,MLS#: 835415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen/Dining
Heating
- Fireplace(s), Radiant Floor
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Vaulted Ceiling(s)
- Flooring: Hardwood, Tile
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,417
- Total interior livable area: 1,417 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Landscaping, Lawn Sprinklers
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 325502253007
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Stick Built
Materials
- Wood Frame, Wood Siding
- Foundation: Permanent
- Roof: Wood Shingle
Condition
- New construction: No
- Year built: 1890
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: No
Location
- Region: Crested Butte
Financial & listing details
- Price per square foot: $1,411/sqft
- Tax assessed value: $1,976,360
- Annual tax amount: $9,190
- Date on market: 6/2/2026
- Electric utility on property: Yes
Estimated market value
$1,899,400
$1.80M - $1.99M
$4,447/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Price change | $1,999,000-10.2%$1,411/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $2,225,000+270.8%$1,570/sqft |
Source: | ||
| 12/23/2015 | Sold | $600,000+29%$423/sqft |
Source: Public Record Report a problem | ||
| 9/3/2014 | Sold | $465,000$328/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $9,191 -3.9% | $134,390 +8.8% |
| 2025 | $9,565 +2.8% | $123,520 -11.4% |
| 2024 | $9,305 +21% | $139,380 -0.2% |
| 2023 | $7,692 +10.4% | $139,720 +42.4% |
| 2022 | $6,966 +26.9% | $98,140 -2.8% |
| 2021 | $5,488 | $100,970 +25.8% |
| 2020 | $5,488 +38.6% | $80,290 -0.7% |
| 2019 | $3,960 | $80,860 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.





