$2,995,000

525 Red Lady Ave Crested Butte, CO 81224

6 full
4,808 sqft
$623 / sqft
Multi-Family

Property details

About 525 Red Lady Ave

Multi family 6 - one bedroom apartment units - residential investment opportunity in prime location in Crested Butte. Don’t miss this rare opportunity to acquire 6 long term multi-family residential apartment units located in the Town of Crested Butte within the Majestic Plaza retail center adjacent to Clarks Market and on the Town of CB bus route. The units have a strong rental history making this an attractive investment opportunity. These units would be suitable for employee housing. Each spacious 2nd floor unit offers 1 bedroom, 1 bath, a large storage/laundry area with built in shelves, a gas fireplace, large windows capturing beautiful mountain views, and 1 off-street assigned parking space. Crested Butte, also known as Colorado’s last great ski town, is an up and coming resort community located 3 miles from the Crested Butte Mountain Resort now owned by Vail Resorts and included in the EPIC pass. The community offers exciting events, music, a creative arts district, and endless recreation opportunities. With all the Crested Butte has to offer the demand for long term rentals has always been high and will continue to be a desirable place for people to call home.

Highlights

Home typeMulti Family
HeatingNatural Gas, Electric, Baseboard, Fireplace(s)
StatusActive
Size4,808 sqft
MLS #819324
FireplaceLiving Room
ViewMountain(s)

Summary

  • MLS Number: 819324
  • Office Name: Peak Property Management & Sales
  • Listing Agent: Caleb Brewer

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Last updated on: 3/10/2025, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,995,000

525 Red Lady Ave

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Price information

Property sales

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Tax history

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Nearby schools

9

Crested Butte Community School

Public District KG-5

0.3 mi

818 Red Lady Ave

5

Gunnison Elementary School

Public District KG-5

21.7 mi

1099 N 11th St

9

Aspen Elementary School

Public District KG-4

23.6 mi

235 High School Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,092. The most common annual income of people living in Crested Butte, CO is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

25%
<35k
54%
35k-100k
12%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
5%
Single, with Kids
23%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
46%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • SubaruSubaru
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 525 Red Lady Ave in Crested Butte, CO and zip code 81224. Features: 6 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,995,000.

Between January and February 2025, Crested Butte, CO real estate market has seen increase in the number of listings by 28.9%. In February 2025 median list price was $1,650,000 and the average listing age was 194 days.

From Rocket Homes Real Estate and based on county public records data.

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