640 Elk Avenue, Crested Butte, CO 81224
None · Gunnison County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cabin
Year Built
1890
Stories
1
Living Area
1,417 sq ft
Lot Size
0.10 acres
Zoning
Residential Single Family
MLS® Listing#
835415
Property Features
Interior
Appliances
Heating
Flooring
Fireplace
Basement
Patio
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Crested Butte Community K-12
- Middle:
- Crested Butte Community K-12
- High:
- Crested Butte Community K-12
Financial Details
HOA
None
Annual Taxes
$9,191
Tax year 2025
Parcel Number
325502253007
Directions
From the 4-Way heading North, turn right on Elk Avenue. 640 Elk is on the right at the end of the block.
Affordability Calculator
$399,800
Estimated monthly payment
$10,640/mo
Principal $1,599,200 · Est. interest $2,231,026 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Crested Butte, CO
- $1,000,000
- Median Listing Price
- 88
- Median Days on Market
- 1,498
- Median Sq Ft
- $958
- Median Price / Sq Ft
- 250
- Active Listings
- This home’s price is 100% above the area median.
- Its price per sq ft is 47% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Crested Butte, CO.
Location
Points of Interest in Crested Butte, CO
Showing the Crested Butte area map.
Nearby Schools
Crested Butte Elementary School
Elementary · 0.3 mi away
Little Red Schoolhouse
Elementary · 6.5 mi away
Marble Charter School
School · 18.1 mi away
Gunnison Middle School
Secondary · 21.9 mi away
Lake School
School · 22.0 mi away
Gunnison High School
Secondary · 22.3 mi away
Aspen Country Day School
Secondary · 22.5 mi away
Seasons Schoolhouse
School · 22.5 mi away
Aspen High School
Secondary · 23.3 mi away
Aspen School District
Elementary · 23.3 mi away
Aspen Elementary School
Elementary · 23.3 mi away
Aspen Middle School
Secondary · 23.3 mi away
Aspen Mountain Tots
School · 23.9 mi away
Little Red School House
Elementary · 24.0 mi away
Aspen Community School
Elementary · 29.0 mi away
Paonia Elementary School
Elementary · 33.1 mi away
Paonia High School
Secondary · 33.4 mi away
Basalt High School
Secondary · 33.8 mi away
Basalt Middle School
Secondary · 34.4 mi away
Basalt Elementary School
Elementary · 34.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 349 Shavano Street, Crested Butte, CO | $1,425,000 | 3 | 3 | 1,847 |
| 102 Horseshoe Drive, Mt. Crested Butte, CO | $1,450,000 | 4 | 3 | 1,862 |
| 12 Snowmass Road 414, Mt. Crested Butte, CO | $1,495,000 | 3 | 3 | 1,345 |
| 9 Hunter Hill Road 208, Mt. Crested Butte, CO | $1,500,000 | 3 | 3 | 1,607 |
| 35 Brackenbury Street, Crested Butte, CO | $1,545,000 | 3 | 2 | 2,302 |
| 246 Anderson Drive, Crested Butte, CO | $1,550,000 | 3 | 3 | 2,499 |
Moving Cost Estimate
EXIT Agents in Crested Butte
Listing Courtesy: Coldwell Banker Mountain Properties - C: 970-209-1998
FULL CREN Disclaimer
Real Estate listings held by companies other than Coldwell Banker Mountain Properties contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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