Price Reduction - Waterfront
Listed By:
Crested Butte Realty Company
Address
170 Lower Allen Road, Crested Butte, CO
Price
$ 3,200,000
Property Attributes
  • MLS#835966
  • TypeSingle Family
  • Listing Status Active
  • CountyGUNNISON
  • CityCrested Butte
  • AreaCrested Butte Rural
  • NeighborhoodAllen Home Sites
  • Zip81224
  • StyleLog,Cabin,Modern
  • Year Built1974
  • Taxes$ 5087
  • Price$ 3,200,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2490
  • Lot Size0.58 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

Legacy Property Located directly ON the river and Turn Key! Nestled along the banks of the East River in the highly desirable Allen Homesites neighborhood, this exceptional riverfront retreat offers a rare opportunity to own a private mountain sanctuary just minutes from historic downtown Crested Butte. Situated on a beautifully treed parcel with direct river frontage, the property combines the tranquility of a secluded alpine setting with convenient year-round access. The residence has been thoughtfully and extensively updated (down to the studs) while preserving its authentic mountain character. Expansive windows frame breathtaking views of the river, surrounding forests, and iconic Elk Mountain scenery. Multiple indoor and outdoor gathering spaces create the perfect environment for entertaining, relaxing after a day of adventure, or simply enjoying the sights and sounds of the river flowing just beyond your doorstep. Whether you're fly fishing from your backyard, hiking and biking nearby trails, skiing Crested Butte Mountain Resort, or enjoying the vibrant dining and arts scene downtown, this property places you in the heart of everything that makes the Gunnison Valley special. Experience sunsets watching and listening to the river flow while you take a hot tub before enjoying dinner outside on your new patio furniture. After an exquisite meal envision retiring to the Adirondack chairs surrounding the ambiance of the fire pit while the magnitude of the stars above coming out at night to a sky so clear that you can literally see the milky way above your heads. A proven income-producing vacation rental and/or an exceptional personal, yoga, corporate retreat or simply a wonderful place to call home. 170 Lower Allen Road represents a unique combination of privacy, recreation, investment potential, and authentic Colorado mountain living. Fishing rights along the East River further enhance this remarkable offering and when you are lucky you will sight the friendly neighborhood fox that often finds his way through the yard. Offered fully furnished with carefully curated, high-end furnishings and décor, this turnkey mountain retreat is ready to be enjoyed from day one. Every detail has been thoughtfully selected to complement the home's warm mountain-modern aesthetic, creating an inviting atmosphere that is both elegant and comfortable. Whether you are seeking a private family getaway, a full-time residence, or an income-producing investment property, this exceptional, legacy offering allows you to step seamlessly into the Crested Butte lifestyle without the time, expense, or effort of furnishing a home. Designed with flexibility and functionality in mind, the property includes a fully equipped accessory dwelling unit (ADU) lockoff complete with a private entrance, 1BR/1BA, full kitchen, laundry facilities, and independent living space. This well-appointed configuration offers exceptional versatility for hosting family and friends, accommodating caretakers, or generating supplemental income. Both the main residence and the ADU have demonstrated a successful short-term rental history, making this a rare opportunity to own a turnkey riverfront retreat that seamlessly blends personal enjoyment with investment potential. Contact myself, Sigrid Cottrell, or your real estate professional to schedule a tour today.

Elementary School Middle School High School
Crested Butte Community K-12 Elementary School Crested Butte Community K-12 Middle School Crested Butte Community K-12 High School
Price History
6/14/2026 Listed $3,400,000
9/9/2026 6$3,200,000

General Features

Heating Electric Baseboard,Fireplace
Possession Upon Delivery of Deed
Roof Metal
Fireplaces Living Room
Zoning Residential Single Family
Occupancy Short Term
Status Active
Bathrooms 4
Year Built 1974
Subdivision Allen Home Sites
HOA Dues? No
Windows Double Pane,Skylight
Water Heater Electric Water Heater
Style Log,Cabin,Modern
View Mountains,Stream/River
Stories Count Two Story
County Gunnison
Class RESIDENTIAL
Type Stick Built
Year Remodeled 2005
Access Year Round
Tax Year 2025
FIPS Code 08051
HOA Y/N Yes
New Construction Y/N No
Status Active
Sale/Rent For Sale
HOA Name Allen Homesites
Utilities Electric,Natural Gas,Internet,Phone - Cell Reception
Energy Star Qualified Y/N No
Green Certification Y/N No
HERS Rated Y/N No
LEED for Homes Y/N No
Other Green Cert. Y/N No
Directions From Crested Butte Realty,Inc.,510 Elk Ave Crested Butte,CO 81224 Exit the parking lot toward CO-135 S/Sixth St 210 ft Turn right onto CO-135 S/Sixth St Continue to follow CO-135 S 6.7 mi Turn lef
High School Crested Butte Community K-12
City Crested Butte
List Price/SqFt 1285.14
HOA/Metro Fees Freq. Unknown
Terms 1031 Exchange,Cash,Conventional
Elementary School Crested Butte Community K-12
Middle School Crested Butte Community K-12
DOM 97
PROPERTY DESCRIPTION Wooded Lot,Other
Price Per Sq Ft Total AG 1285.14
DISCLOSURES Covenants,Pets Allowed
Property Attached Y/N No

Interior Features

Interior Amenities All Furnishings,Ceiling Fan(s),W/D Hookup,Skylight(s),Guest Quarters,Pantry,Security System,Hot Tub,Mud Room
Flooring Vinyl
Furnished Y/N Furnished
Beds 4
Full Baths 1
Dining Room Eat-in Kitchen,Island,Kitchen/Dining,Living Room Dining
3/4 Baths 3
Appliances Range/Oven,Refrigerator,Dishwasher,Washer,Dryer,Disposal,Microwave,Exhaust Fan,Freezer
Primary Bedroom Level Upper Level

Exterior Features

Exterior Amenities Shed/Storage,Patio,Deck,Gas Grill,Hot Tub
Waterfront River
Lot Size Area 0.58
RV Parking Yes
Siding Log,Wood
Fence Privacy
Construction Type Wood Frame,Log,Wood,Post & Beam
Water Well No
Waterfront Yes
Garage Y/N No
Carport No
Exterior Structures Guest House,Shed,Woodshed
Water Rights/Irrig. No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81224

Price
AVG $4.06M
$3.2M
Taxes
AVG $10,593
$5,087
Year Built
AVG 1987
1974
Visits
AVG 72
28
Data Provided by Inside Real Estate®