Residential · Active

405 First

Crested Butte, CO 81224

3 Beds · 2 Baths · 1,331 Sq Ft

$1,150,000

Single Family

Property Type

0.05 acres

Lot Size

1975

Year Built

$864

Price per Sq Ft

836538

MLS #

About This Property

A rare opportunity to purchase a very special cabin at the top of Elk Avenue in Crested Butte. Originally built in the 1970's this classic charming home, formerly "Crested Butte Bathhouse", is located in the commercial/residential core of Crested Butte providing a buyer multiple opportunities for use. The legal description states this is a townhome. 32 Elk & 405 First has been legally separated and the original HOA has been dissolved, leaving a stand alone home with an incredibly quiet & private patio, just steps from Elk avenue.

As you enter the property, a flagstone patio with perennials gardens & shady trees create the perfect space to relax & enjoy views of Mt Crested Butte! Once inside, You can feel the "CB character" with old world wood doors & floors leading into the kitchen. Both a primary bedroom & ensuite bath & bunkroom are located on the first floor. The sunken living room is where the old "Bathhouse" was located, with an incredible view of Mt Crested Butte and is one of the more cozier spaces you will be drawn to.

The second level of the home features a large loft that overlooks the living area, providing a perfect space for an office or overflow, for guests. A third bedroom is located next to the loft with its own private entry stairwell to the outside. Just steps from your favorite restaurants & one block from the year round free bus service to the resort, this home is a slam dunk location!!! Come see a piece of fun CB history & fall in love with this sweet home.

113 days on market

Listed by Rachael Baskfield Miller · Coldwell Banker Mountain Properties · 970-596-4423

Last updated: 8/12/2026 2:34 PM · Source: Colorado Real Estate Network (CREN), MLS#: 836538

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $864
Subdivision Other
MLS # 836538
Days on Market 113
Bedrooms 3
Full Baths 2

More Details

Year Built 1975
Lot Size (Sq Ft) 2,352
Acres 0.054
Annual Taxes $5,084
Tax Year 2025
State CO
County Gunnison
Zoning Residential Single Family,Commercial

Interior

Interior Features Ceiling Fan(s)
Heating Hot Water, Boiler
Flooring Carpet, Hardwood, Tile, Linoleum
Fireplace Features Insert
Appliances Oven, Refrigerator, Dishwasher, Washer, Dryer

Exterior & Parking

Garage No
Roof Metal

Building & Lot

Architectural Style Split Level
Construction Wood Siding
New Construction No

Location

Price History

DateEventPrice
8/12/2026 Price change
Source: Colorado Real Estate Network (CREN) #836538
$1,150,000 -8.0% $864/sqft
6/29/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #836538
$1,250,000 $939/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 August 12, 2026 at 2:34 PM.

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