New Listing
$12,000,000
 $64,419 est/mo Sourced by Back At You

1200 Prospect Drive Parcel G,Mt. Crested Butte, CO 81225

Mt. Crested Butte, CO 81225

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Description

There is nothing quite like this remaining in a Colorado ski resort. Upper Prospect sits at the convergence of three chairlifts in Crested Butte Mountain Resort - Painter Boy, Gold Link, and Prospect - with 360-degree views of world-famous slopes, national forests, and mountain peaks. This roughly 6-acre parcel is the last true hospitality development-scale opportunity of its kind in the state. Priced below comparable sites across Colorado's resort markets, Parcel G carries previous entitlement history under the 2001/2002 approved PUD (Reception No. 521967) for: "Maximum of eighty (80) Residential Condominium Units. The GRFA shall not exceed an average of 2,000 square feet/unit or a total of 160,000 square feet." Plus "Commercial space: maximum of 33,000 square feet CRFA." Development will require new application. This is a chance to write the next chapter of Mt. Crested Butte, by building something the community can stand behind. This site offers a developer the rare position of shaping growth intentionally, in step with the town's character. Adjacent to the beloved Umbrella Bar, the seasonal gathering spot for skiers all winter and weddings all summer, the site is already woven into the daily rhythm of the resort. An established entitlement team is in place if desired, combined with land-use attorneys, local counsel, and metro-district attorney who have already assisted with entitlements in the area. All with metro districts for the Parcel already formed, in order to accelerate the path forward.

Details

MLS #1015362
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site1
Listing Provided ByLIV Sotheby's Int. Realty-Vail Mountain Haus | Michelle Rampelt

Features

ZoningTBD
Acreage6.30

Taxes

Property84000

Area Information

StateCO
CountyOut of Area
CityMt. Crested Butte
Zip Code81225
AreaOut of Area
Community NameSee Remarks
Listing VS Median (in See Remarks)
Price:
$12,000,000
low | high
Med:
$762,450
100% of Average
On site:
1
low | high
Med:
110
2% of Average
Sourced by Back At You

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Learn More About This Property

StateCO
CountyOut of Area
CityMt. Crested Butte
Zip Code81225
AreaOut of Area
Community NameSee Remarks
Listing VS Median (in See Remarks)
Price:
$12,000,000
low | high
Med:
$762,450
100% of Average
On site:
1
low | high
Med:
110
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $9M - $15M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
Parcel G Prospect Drive Property Photo 1
$12,000,000
Parcel G Prospect Drive
Crested Butte, CO 81225
Listing Updated: October 22, 2026 at 5:43:32 PM PDT
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