Land · Active

506 Nicholson Lake Ridge

Crested Butte, CO 81224

$865,000

Unimproved Land

Property Type

1.64 acres

Lot Size

838518

MLS #

About This Property

Only 10 minutes from downtown Crested Butte and the ski resort, yet 506 Nicholson Lake Ridge Road feels worlds away! Located in the coveted Alpine Meadows subdivision, this 1.64-acre property is your last chance to design and build a home along the spectacular lakeside ridge of the neighborhood (after this, there are no more lots left!). With year-round access, it combines the privacy and tranquility of a rural mountain setting with incredible proximity to town. Standing on the lot among the mature pines, there’s a real nostalgic cabin-by-the-lake feel.

Uniquely, Alpine Meadows does not have designated building envelopes, giving you the flexibility to choose the build site and views that best suit your vision. Toward the front of the lot, you could orient the home to capture views of Paradise Divide, as well as take advantage of great southern exposure for solar gain. Toward the back, selective tree clearing could open up gorgeous views of Mt. Crested Butte and Nicholson Lake, one of the neighborhood’s defining amenities.

The private lake is shared by just 22 homeowners and enjoyed for fishing, swimming, paddleboarding, and more. Just beyond it, the Lupine Trailhead provides convenient summer access to miles of trails, with the Oh Be Joyful Valley and Paradise Divide farther up the road. In winter, the road closes just past the lake, putting snowmobiling, snowshoeing, cross-country skiing, and backcountry recreation practically outside your door. The current owners have already completed valuable preliminary due diligence, including soils testing and surveys.

Water and power are available at the lot, and an existing shed is served by 200-amp electrical service, providing useful storage and functionality from day one. There simply are not many places left where you can build something entirely your own, enjoy a private lake and year-round recreation, and still be this close to Crested Butte. 506 Nicholson Lake Ridge Road is one of them.

53 days on market

Listed by Alexandra Richland · Signature Properties Ebner & Associates, LLC · 571-550-0821

Last updated: 10/7/2026 8:50 AM · Source: Colorado Real Estate Network (CREN), MLS#: 838518

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision Alpine Meadows
MLS # 838518
Days on Market 53

More Details

Lot Size (Sq Ft) 71,438
Acres 1.64
Annual Taxes $8,489
Tax Year 2025
State CO
County Gunnison
Zoning Residential Single Family

Building & Lot

Water Source Well-Other

Location

Price History

DateEventPrice
8/28/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #838518
$865,000

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Listing information last updated October 7, 2026 at 8:50 AM.

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