Residential · Active

228 Elk

Crested Butte, CO 81224

2 Beds · 2 Baths · 3,492 Sq Ft

$6,995,000

Condominium

Property Type

0.07 acres

Lot Size

1882

Year Built

$2,003

Price per Sq Ft

837411

MLS #

About This Property

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave.

A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

90 days on market

Listed by Betsy Wiebe · LIV Sotheby's International Realty - CB · 970-209-8643

Last updated: 7/26/2026 1:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 837411

Property Details

Key Details

Property Type Residential
Sub Type Condominium
Status Active
Price per Sq Ft $2,003
Subdivision Crested Butte (Town of)
MLS # 837411
Days on Market 90
Bedrooms 2
Full Baths 1
Three-Quarter Baths 1

More Details

Year Built 1882
Lot Size (Sq Ft) 3,049
Acres 0.07
Annual Taxes $32,105
Tax Year 2025
State CO
County Gunnison
Zoning Mixed-Use

Interior

Heating Radiant Floor
Flooring Hardwood
Appliances Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Exterior & Parking

Garage No
Roof Metal

Building & Lot

Architectural Style Other
Construction Wood Siding
New Construction No

Location

Price History

DateEventPrice
7/22/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #837411
$6,995,000 $2,003/sqft
7/22/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #837410
$6,995,000 -3.5% $2,003/sqft
2/4/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #811584
—
3/11/2024 Listed for sale
Source: Colorado Real Estate Network (CREN) #811584
$7,250,000 $2,076/sqft

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Listing information last updated July 26, 2026 at 1:38 AM.

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