Rare development opportunity in Buckhorn Ranch, just minutes from downtown Crested Butte, Colorado. This multifamily parcel offers the potential to develop up to eight residential units, providing an exceptional opportunity for an investor, developer, or owner-user looking to create a thoughtfully designed, mountain project. Set against the dramatic backdrop of the Gunnison Valley and the surrounding peaks, the property combines the appeal of a Crested Butte location with the flexibility and potential of multifamily development. The site offers an opportunity to capitalize on the area's strong demand for housing while creating a cohesive collection of residences in a desirable mountain setting. Whether envisioned as a small multifamily community, a collection of mountain residences, or an investment property, this parcel presents a unique opportunity to bring up to eight units to life in one of Colorado's most sought-after mountain destinations.
Active
$950,000
82 & 116 Elk Valley Road, Crested Butte, CO 81224
--beds
--baths
0.92Acres
Unimproved Land
Built in ----
0.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Desirable mountain setting
- 13 days
- 97
- 1
Zillow last checked:
Listing updated:
Listed by:
Cassie Gates C:970-596-5516,
LIV Sotheby's International Realty - CB,
Martin Spencer 970-452-9700,
LIV Sotheby's International Realty - CB
Source: CREN,MLS#: 838145
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.92 Acres
- Topography: Sloping
Details
- Parcel number: 325707012004
- Zoning description: Residential Multi Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Tap Available
- Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception
Community & HOA
Community
- Subdivision: Buckhorn Ranch
HOA
- Has HOA: Yes
- HOA name: Buckhorn Ranch
Location
- Region: Crested Butte
Financial & listing details
- Annual tax amount: $10,150
- Date on market: 8/15/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Listed for sale | $950,000 |
Source: | ||
Public tax history
Tax history is unavailable.
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.






