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$3,500,000
467 Days On Site

196 Lake Ridge Drive
Crested Butte, CO 81224

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
1
Full Bath
3
Partial Baths
3,330
SqFt
$1,051
/SqFt
2019
Built
Subdivision:
Buckhorn Ranch
County:
Gunnison
Listing courtesy of Heather Woodward of Berkshire Hathaway HomeServices Today Realty & Associates

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196 Lake Ridge Drive196 Lake Ridge Drive196 Lake Ridge Drive196 Lake Ridge Drive
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Monthly Payment (Est.)

$15,968
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Nestled on 1.85 acres with breathtaking views of Mount Whetstone and Mount Crested Butte, this meticulously maintained property offers an exceptional mountain living experience. The home features 3,330 sq. ft. of living space, including 3 bedrooms and 2 bathrooms on the upper main level, as well as a newly added 651 sq. ft. lower-level living area. Additional spaces include a 2-car garage, a large oversized shop, and a 939 sq. ft. attached apartment. Uniquely positioned for immediate enjoyment and future expansion, this lot presents the rare opportunity to live comfortably onsite in a move-in-ready home while you build your dream residence. The lot allows for a maximum potential of 10,000 sq. ft. total. Multiple future building sites offer flexibility, including a flat area near the windmill and a hillside by the fenceline - which opens up breathtaking views. Eliminate the stress of finding temporary housing during construction; settle in now and manage your project firsthand. Drafted expansion plans include a bonus room remodel, kitchen addition, and an extra bedroom, increasing total living space to 4,311 sq. ft. The main residence showcases an inviting open floor plan that seamlessly integrates the kitchen, dining, and living areas, creating a space ideal for both everyday living and entertaining. The kitchen features white oak distressed cabinets, a spacious granite island, KitchenAid appliances, and a double oven. In-floor radiant heating and a Geothermal Heating and Cooling system ensure year-round comfort, complemented by a Lopi high-efficiency wood burner stove. Each bedroom and the main living area are equipped with ceiling fans, while all bathrooms feature Kohler fixtures and Panasonic Whisper quiet fans. The primary bedroom boasts a spa-like ensuite bathroom and a large walk-in closet. For added convenience, the home includes two sets of washer/dryer units. The lower level is outfitted with compressed/fresh air ducts, ensuring optimal air quality and comfort. Enjoy approximately 1,500 sq. ft. of covered outdoor living areas. Outdoor amenities include an asphalt circle driveway, irrigated landscaping, a Bullfrog hot tub on a covered deck off the primary bedroom, multiple covered outdoor spaces, and full RV hookups. A standout feature of this property is the attached 1-bedroom, 1-bathroom apartment, perfect for rental income opportunities. The attached two-car garage provides ample storage space for all of your outdoor gear and vehicles, while the shop is a workspace dream that allows for all types of projects and storage, complete with a BendPak car lift. Located just minutes from Crested Butte’s amenities and world-class skiing, this property is a rare find - offering a turnkey home, expansion opportunities, and the ability to build while you live onsite. Priced below today's replacement cost, this mountain retreat provides incredible value with income potential and all the features for modern mountain living.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
467 Days
Bedrooms 
4
Inside Area (SqFt) 
3,330 sqft
Total Baths 
4
Full Baths 
1
Partial Baths 
3
Lot Size 
1.85 Acres
Year Built 
2019
MLS® Number 
813963
Status 
Active
Property Tax 
$10,313
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
17 hours agoListing updated with changes from the MLS®
3 months agoPrice changed to $3,500,000
a year agoListing first seen on site
General Features
Acres 
1.85
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Garage Door Opener
Property Sub Type 
Single Family Residence
SqFt Total 
3330
Style 
Other
Utilities 
Cable AvailableNatural Gas Available
Zoning 
Residential Single Family
Interior Features
Appliances 
DishwasherDryerFreezerRefrigeratorMicrowaveRangeOvenWasherDisposal
Cooling 
Ceiling Fan(s)
Fireplace Features 
Living Room
Flooring 
Vinyl
Heating 
Forced AirGeothermalWood Stove
Interior 
Kitchen IslandVaulted Ceiling(s)Walk-In Closet(s)
Spa 
Yes
Window Features 
Window Coverings
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Exterior Features
Construction Details 
Wood Siding
Patio And Porch 
PatioCovered
Roof 
Metal
Spa 
Yes
View 
Mountain(s)
Waterfront Features 
Stream
Waterview 
Mountain(s)
Windows/Doors 
Window Coverings
Community Features
MLS Area 
Crested Butte Rural
Schools
School District
Unknown
Elementary School
Crested Butte Community K-12
Middle School
Crested Butte Community K-12
High School
Crested Butte Community K-12
Listing courtesy of Heather Woodward of Berkshire Hathaway HomeServices Today Realty & Associates



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Last checked: 2025-09-03 10:08 AM UTC

Neighborhood & Commute
Source: Walkscore
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