Residential · Active

170 Lower Allen

Crested Butte, CO 81224

4 Beds · 4 Baths · 2,490 Sq Ft

$3,200,000

Single Family

Property Type

0.58 acres

Lot Size

1974

Year Built

$1,285

Price per Sq Ft

835966

MLS #

About This Property

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.

132 days on market

Listed by Sigrid Cottrell · Crested Butte Realty Company · 970-596-2596

Last updated: 9/9/2026 9:20 AM · Source: Colorado Real Estate Network (CREN), MLS#: 835966

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $1,285
Subdivision Allen Home Sites
MLS # 835966
Days on Market 132
Bedrooms 4
Full Baths 1
Three-Quarter Baths 3

More Details

Year Built 1974
Lot Size (Sq Ft) 25,265
Acres 0.58
Annual Taxes $5
Tax Year 2025
State CO
County Gunnison
Zoning Residential Single Family

Interior

Interior Features Ceiling Fan(s), Pantry, All Furnishings, Guest Quarters, Hot Tub, Mud Room
Heating Baseboard, Fireplace(s)
Flooring Vinyl
Fireplace Features Living Room
Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Washer

Exterior & Parking

Exterior Features Gas Grill, Hot Tub
Garage No
Roof Metal

Building & Lot

Architectural Style Cabin, Modern, Log
Construction Log, Wood Siding, Post & Beam
New Construction No

Location

Price History

DateEventPrice
9/9/2026 Price change
Source: Colorado Real Estate Network (CREN) #835966
$3,200,000 -5.9% $1,285/sqft
6/14/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #835966
$3,400,000 $1,365/sqft

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.

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Listing information last updated September 9, 2026 at 9:20 AM.

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