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5 Beds
3 Baths
2,980 sqft

$2,995,000

23990 Highway 135, Crested Butte CO, 81224

Price per sqft$1,005.03
Built in1958
Property size2,980 sqft
Property typeResidential
Listed by Margaret Dethloff with Bluebird Real Estate, LLC 970-209-7880

Overview

Active

Listed May 13, 2025

Updated Sep 9

A Rare Crested Butte Legacy Property – First Time on the Market Since 1990 Step back in time to when Crested Butte was surrounded by open ranchland, cattle roamed, and life moved at a gentler pace. Now available for the first time in over three decades, this extraordinary 38+ acre property offers a rare opportunity to own a piece of Colorado’s pastoral heritage. Just 4 miles from downtown Crested Butte, a circular drive off Highway 135 leads you to a classic ranch-style home with 2,980 square feet of living space. This spacious retreat features 5 bedrooms, updated bathrooms, two generous living areas, and three fireplaces for cozy mountain evenings. The open-concept main level is designed for entertaining, with large picture windows on both sides of the home that capture sweeping views of the surrounding mountain landscape. From the dining room, Whetstone Mountain becomes a dramatic backdrop for every meal, while the living room offers stunning vistas of Crested Butte Mountain and the Brush Creek Valley. Upstairs, a vaulted-ceiling second living room with oversized windows provides the perfect vantage point to watch the sun set over the mountains. The home also includes a full basement for ample storage. Step outside to enjoy summer barbecues on the back deck, framed by uninterrupted views and quiet serenity. Equestrian enthusiasts will love the classic red barn with corral, ready for horses, along with 3 c.f.s. of water rights to irrigate the lush, green pastures. A large steel outbuilding serves as a garage and storage space, perfectly suited for all your mountain lifestyle gear. This is more than a home — it’s a timeless sanctuary where space, history, and natural beauty come together. Don’t miss your chance to own a truly special slice of Crested Butte.

$19,926/mo

Est. mortgage payment based on a $2,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
824000

Interior Features

Bedrooms
5
Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
39 Acres

Other Property Details

Taxes
$6,538
Tax Frequency
Annually
Garage
Yes
View
Yes
Pets Allowed
Yes

Listed by Margaret Dethloff with Bluebird Real Estate, LLC 970-209-7880


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Real estate listings held by companies other than M4 Ranch Group will feature the respective company’s name.

Data last updated on: 9/9/2026

 

 

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