45 Creek Cove

Crested Butte, CO 81224

Experience the perfect combination of luxury, income potential, and mountain tranquility in this exceptional Meridian Lake Meadows home in Crested Butte. With 7 bedrooms, 5 full baths, and 5,898 square feet on a .53-acre lot, this property offers stunning front yard views of Mt. Crested Butte and backyard views of Gothic Mountain and the Elk Range. Designed for both private enjoyment and income generation, it features three fully equipped kitchens and separate living areas ideal for short-term rentals, long-term tenants, or a multi-generational retreat. The newly finished basement apartment includes 1 bedroom, 1 bath, a full kitchen, washer/dryer, private entrance, and flagstone patio, while the 884-square-foot garage apartment offers 2 bedrooms, 1 bath, a full kitchen, washer/dryer, mountain views, and a strong, consistent rental history. The expansive basement provides a large game room, private gym with barn doors, and additional storage. The main level features 10-foot tongue-and-groove ceilings and a wall of windows framing breathtaking mountain vistas, flowing into a gourmet kitchen with granite countertops, a walk-in pantry, and generous dining space that leads into a spacious living room with a stacked stone gas fireplace. A grand half-log staircase rises to the primary suite with panoramic mountain views, a private deck, and a spa-like ensuite with jetted tub, walk-in shower, and dual vanities, while two additional bedrooms, a full bath, and an extra living space complete the upper level. Nestled between Long Lake and Snodgrass Trail, the property offers year-round access to outdoor recreation, from fishing and paddleboarding at the reservoir and Long Lake to quick hikes or bike rides right from Snodgrass Trail, along with snowmobiling and Nordic skiing just down the street at the trailhead. Meridian Lake Meadows is ideally located between the ski resort and downtown Crested Butte, each less than ten minutes away. With an established rental history, high occupancy rates, and exceptional guest reviews, this turn-key estate is offered fully furnished (excluding the garage apartment and some items in the basement apartment) and priced at just $475 per square foot—well below market value. You can’t build for that price. Rarely does a home of this caliber, combining luxury, versatility, and income potential, come to market in Crested Butte, making it an extraordinary opportunity for a high-end rental, private vacation retreat, or multi-generational mountain estate.

Listing courtesy of Jesse Ebner of Signature Properties Ebner & Associates, LLC



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Last checked: 2025-12-17 07:10 AM UTC