Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Mountain Properties

Property view
Listing view 2
Listing view 3

45 Creek Cove, 
Crested Butte, CO 81224

$3,100,000


7

Beds


5

Baths


5,898

Sq Ft


Single Family

Active

Listed by

Jesse Ebner

Signature Properties Ebner & Associates, LLC.

970-713-2000

Last updated:

April 28, 2025, 02:10 PM

MLS#

821954

Source:

CO CREN

About This Home

45 Creek Cove

An Unparalleled Investment & Luxury Retreat in Crested Butte. Experience the perfect blend of luxury, investment potential, and mountain tranquility in this exceptional estate in Meridian Lake Meadows, a dream retreat for outdoor enthusiasts and discerning investors alike. Offering an impressive rental history and limitless income potential, this property is a rare opportunity to own a multiunit mountain sanctuary with breathtaking south-facing views of Mt. Crested Butte, Gothic Mountain, and the Elk Mountain Range. Boasting 7 bedrooms, 5 full baths, and 5,898 square feet of exquisitely designed living space on a .53 acre lot, this home offers an unparalleled income producing opportunity with three fully equipped kitchens and separate living areas, ideal for short term rentals, long-term tenants, or a private multi-generational retreat. Nestled between Long Lake and Snodgrass Trail, this prime location ensures year round enjoyment for outdoor lovers, from world class skiing in winter to hiking and biking in the summer. With an expansive wrap-around deck, landscaped yard, and mature aspens and evergreens, the setting is as tranquil as it is stunning. Step through the grand entryway, where 10ft tongue and groove ceilings and a wall of windows frame mesmerizing views. The spacious main level offers a gourmet kitchen with granite countertops, a walk-in pantry, and a large dining space, seamlessly flowing into the expansive living room with a stacked stone gas fireplace, perfect for cozy mountain evenings. A grand half log staircase leads to the primary suite, which enjoys panoramic mountain views, a private deck, and a spa-like ensuite with a jetted tub, walk-in shower, and dual vanities. Two additional bedrooms, a full bath, and an extra living space complete the upper level. Income Producing Separate Living Spaces: Newly finished lower-level apartment: A gorgeous 1-bed, 1-bath suite with a full kitchen, washer/dryer, private entrance, and flagstone patio, offering total privacy for guests or tenants. Garage apartment: A 2-bed, 1-bath, 884 sq. ft. space with its own private entrance, full kitchen, washer/dryer, and mountain views, always rented since the home was built. Expansive basement: Features a large game room, private gym with barn doors, and additional storage. With an established short-term rental history, high occupancy rates, and exceptional guest reviews, this property offers a seamless transition for investors. Offered fully furnished (except the garage apartment furnishings), this turn-key estate is priced at only $525/sq. ft., well below market value. Rarely does a home of this caliber, with this combination of luxury, versatility, and investment opportunity, come to market in Crested Butte. Whether you’re looking for a high-end rental asset, a vacation retreat, or a multi-generational estate, this is an unmissable opportunity. Seize the moment. Schedule your private showing today.

Home Facts

Single Family

5 Baths

7 Bedrooms

Built in 2004

Price Summary

3,100,000

$525 per Sq. Ft.

MLS #:

821954

Last Updated:

April 28, 2025, 02:10 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

5,898 Sq. Ft.


Structure

Structure

Architectural Style:

Log

Building Area:

5,898 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

23,086


Finances & Disclosures

Finances

Price:

$3,100,000

Price per Sq. Ft:

$525 per Sq. Ft.

MLS Logo
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. 2025 by COLORADO REAL ESTATE NETWORK” 16 S CASCADE MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHERS NOTE: All information is deemed reliable by is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex,, handicap, familial status, or national origin. Please check with your local government agency for more information.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.