From: Crested Butte Resort Real Estate
Date sent 08/04/2011 10:08:44 am
Subject: August Newsletter


Untitled Document
Crested Butte Resort Real Estate | View Online
Vibrant Colors this August in Crested Butte

Resort Update

We are excited to announce a new informational piece that we will print biannually to share information about the resort. We hope you enjoy the Resort Update and find it informative. Please click here to read on.


Escape the Heat: Find Your Passion in CB

Summer in Crested Butte truly is something spectacular. While many people across the U.S. are spending time inside with the AC blasting, we are averaging daily temperatures of 65º-75º with low humidity. Combine this extraordinary weather with an abundance of outdoor activities and Crested Butte becomes the ideal place simply to get away from it all.

This summer in particular is sure to please as the Wildflower Capital of Colorado. The vibrant colors and majestic mountains will leave you amazed as you hike or bike through some of Crested Butte’s renowned trails. Experience this slice of paradise for yourself or with your family and leave feeling rejuvenated, more in touch with the important things in life.

In addition to the plethora of valley-wide outdoor activities, Crested Butte Mountain Resort continues to expand its summer offerings. On June 29th, CBMR opened the very first and only year-round on-mountain zip line tour in the state of Colorado. We hit over 1,000 rides in less than one month of operation and feedback from guests has been tremendous.


Crested Butte: A Biking Mecca

Crested Butte has been named host city for two major biking events this summer. The first annual Leadville 100 Qualifier came through Crested Butte, cresting over the Paradise Divide on July 31st. The Leadville Qualifier put Crested Butte on the map for many biking enthusiasts and exposed riders to the beauty of our valley, with wildflowers peaking. We are also hosting stage 1 of the U.S.A. Pro Cycling Challenge  set to come through Crested Butte on August 23rd.

Please click here if you would like to see the route which takes riders from Salida over Monarch pass to Mt. Crested Butte, the only mountain top finish. The U.S.A. Pro Cycling Challenge is expected to bring more visitors into town than we’ve ever seen for a summer event.


Get Results Selling Your Property

Offering personalized service plus unique access to new buyers, an exclusive on-mountain office in the courtyard of Mountaineer Square and unparalleled marketing, our approach drives results. 

Having sold through 16 of our listings this past year at a total value of $9,135,600, we are excited to extend our successful approach to you. Try something new and see why Trip Cunningham and Bo Stambaugh will make the difference in selling your property.

Contact them today by calling the office at 970.349.4999 or email at info@cbliving.com.


Market Update

The Crested Butte area is seeing some factors indicating a turn in the residential real estate market. Through July 27th of this year, sales of nine residential properties in the north end of the Valley were reported at prices of $1,000,000 or more at an average price of $1,665,883. That represents a year-over-year increase of 50% in the number of $1,000,000+ sales and an increase of 28% in the sales price of properties over the referenced period.

As to the broader residential market in the north end of the Valley, the total number of 2011 sales reported through July 27th increased 54% over the same period through 2010 (106 total sales as compared to 69). The average sales prices over the respective period were down 14%, due in large part to distressed inventory which has since moved. Currently, the list of properties in foreclosure in Gunnison County is down about 25% over previous levels. Following the recent trend of the higher end of the market, we anticipate a rebound in broader market prices at similar activity levels.

For a softer, but just as meaningful take on “emotional investment” in Crested Butte Real Estate, please click here to see a recent article published in the Elk Mountain Real Estate Review.


Market Alerts

Interested in learning about the latest deals in the Crested Butte real estate market? The Market Alert emails have been very well received and effective. When deals are presented, they can move quickly; and as you can see by clicking here  being the first to know this information can be a significant advantage.

If you would like to join the mailing list for the Market Alerts, please click here.


Crested Butte Mountain Club

See what people have to say about spending time in Crested Butte as a Member of the Mountain Club and click here to view our summer events calendar.

Contact us for additional information at 970.349.4987.

Featured Property

The Lodge 207
Mt. Crested Butte
3 Bed/3 Bath
1991 Sq.Ft.

One of only two three bedroom, three bathroom properties available in The Lodge. At 1991 sq. ft., it offers incredible value at just $389 per square foot. Spacious, flexible layout with lock-off bedroom great for rentals. Contact us to get in touch with property management for an overview of rental history.

Offered at $775,000



Featured Listings

30 Belleview Drive
Mt. Crested Butte
7 Bed/7 Bath/ 1 Powder
6,161 Sq.Ft.
View Tour
$3,375,000 $2,975,000


4 Peakview Drive

Mt. Crested Butte
4 Bed/3 Bath/3 Powder
3,757 Finished Sq.Ft.
1,189 Sq.Ft. to expand
View Tour
$2,195,000
www.4Peakview.com


The Lodge 608

Mt. Crested Butte
2 Bed/3 Bath 
1,393 Sq.Ft.
View Tour
$699,000


The Lodge 308

Mt. Crested Butte
2 Bed/3 Bath
1,5262 Sq.Ft.
View Tour
$609,000


The Lodge 312

Mt. Crested Butte
2 Bed/3 Bath
1,357 Sq.Ft.
View Tour
$569,000


The Lodge 603

Mt. Crested Butte
1 Bed/2 Bath
1,143 Sq. Ft.
View Tour
$499,000


160 Summer Home Drive

Rural Crested Butte
1 Bed/1 Bath
819 Sq.Ft.

$395,000


The Lodge 305
Mt. Crested Butte
1 Bed/2 Bath
963 Sq. Ft.
$369,000

View all Listings & Search MLS



Real Estate Exploration Package

The fall is a great time to look into our Real Estate Exploration Package.

With special rates for those considering real state in the valley, allow our Travel Concierge to put together an unforgettable adventure for you and your family.

Call us today for details at 970.349.4999.

 

970.349.4199
Crested Butte Mountain Resort | 12 Snowmass Rd | Mt. Crested Butte, CO 81225