$950,000

82 & 116 Elk Valley Road , Crested Butte CO, 81224

Lot size0.92 Acres

Property typeLand

Overview

Active

Listed Aug 15, 2026

Updated Aug 27

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.

Other Property Details

Taxes: $10,150
Tax Frequency: Annually

Courtesy of Cassie Gates | LIV Sotheby's International Realty

Based on information from DASH - Sotheby's International Realty (SIR) as of 8/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 6:41 PM UTC, 8/27/2026