5 months on rocket

196 Lake Ridge Dr, Crested Butte, CO, 81224

$3,750,000

4 Bedrooms
3 Full Baths, 1 Partial
2,679 SqFt
$1,400/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage2 spaces
Year Built2019
HeatingGeothermal, Floor Furnace, Forced Air, Wood Stove
CoolingCentral Air, Geothermal, Ceiling Fan(s)
BasementYes
WaterfrontCreek/Stream
FireplaceLiving Room
ViewMountain(s), Stream/River
MLS #813963
Lot Size1.85 Acres
StatusActive

About 196 Lake Ridge Dr

Nestled on a serene 1.85-acre parcel surrounded by open space with breathtaking views of Mount Whetstone and Mount Crested Butte, this property offers an exceptional mountain living experience. This meticulously maintained home boasts 3 bedrooms and 2 bathrooms, a 2-car garage, a large shop, and an additional attached 1 bed / 1 bath apartment. There is 1,740 square footage of living space on the upper level/main floor, 939 square footage in the apartment, 598 square footage in the 2-car garage, 2,372 square footage of shop space, and 1,526 square footage in additional covered outdoor living areas. Within the shop, there is an additional 506 square feet of flex space. The main residence features an inviting open floor plan seamlessly integrating the kitchen, dining, and living areas, ideal for both everyday living and entertaining. The kitchen is a chef's delight with white oak distressed cabinets, a spacious granite island, KitchenAid appliances, and a double oven. Enjoy the convenience of in-floor radiant heating along with the Geothermal Heating and Cooling system throughout the home, complemented by a Lopi high-efficiency wood burner stove for added warmth and ambiance. Each bedroom and the main living room are equipped with ceiling fans, and all bathrooms feature Kohler fixtures along with Panasonic Whisper quiet fans. The primary bedroom features a spa-like ensuite bathroom and large walk-in closet. For added comfort and convenience, there are two sets of washer/dryer units within the home. The downstairs has compressed/fresh air ducts throughout, ensuring optimal air quality and comfort. Outside, the property is designed for relaxation and enjoyment, featuring an asphalt circle driveway and irrigated landscaping. A Bullfrog hot tub, located off of the primary bedroom on a covered deck, is great for relaxing after a day of exploring the Gunnison Valley. Multiple covered outdoor spaces and redwood decks offer the chance to take in the mountain views. Full RV hookups with freshwater, power, and wastewater make it easy to accommodate guests. A standout feature of this property is the additional attached 1-bedroom, 1-bathroom apartment, perfect for rental income opportunities. The attached two-car garage provides ample storage space for all of your outdoor gear and vehicles, while the shop is a workspace dream that allows for all types of projects and storage, complete with a BendPak car lift. Additionally, there is potential for further development. An additional dwelling up to 7,000 square feet could be built for a maximum of 10,000 square feet total for the lot. Located in a tranquil setting just minutes from Crested Butte amenities and the world-class skiing of Crested Butte Mountain Resort, this home offers the perfect blend of luxury, comfort, and convenience. This property is priced below today's replacement cost, providing exceptional value. Don't miss this opportunity to own a unique mountain retreat with income potential and all the features for modern mountain living.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2019
  • Stories: 2
  • Living Area: 2,679 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Today Realty & Associates
  • Listing Agent: Heather Woodward

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Wood Stove, Window Coverings, Wired/Cable TV, Ceiling Fan(s), Vaulted Ceiling, Granite Counters, Guest Quarters, Walk In Closet, Garage Door Opener, Mud Room, Heated Garage
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Creek/Stream
  • View: Mountain(s), Stream/River
  • Exterior: Covered Porch, Hot Tub, Landscaping, Other, Patio, RV Hook Up/Pad

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Virtual/3D Tour

  • 3D Tour: 196 Lake Ridge Dr
3D Tour

Lot Features

Lot Information:

  • Lot Size: 1.85 Acres

Utilities

Utilities Information:

  • Heating: Geothermal, Floor Furnace, Forced Air, Wood Stove
  • Cooling: Central Air, Geothermal, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gunnison High School, Public District Grades 9-12
  • Gunnison Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From Highway 135, turn onto Brush Creek Road. Continue onto Airhart Lane. Take a left onto N Avion Drive and then a left onto Lake Ridge Drive. The home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,750,000
  • Price Per SqFt: $1,400/SqFt

Tax Information:

  • Annual Amount: $1,858
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Crested Butte, CO.

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Crested Butte, CO

City

Med. List Price

$1.6M

Med. Price/SqFt

$802

Avg. Days On Market

200

196 Lake Ridge Dr vs Crested Butte

164 DAYS ON ROCKET

-36 Days

$3,750,000

+$2.1M More

$1,400/SqFt

+$597 More

KEY TAKEAWAY

This property is $2.1M more than the Median List Price and $597/SqFt more than other homes in Crested Butte, CO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #813963

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Today Realty & Associates
  • Listing Agent: Heather Woodward

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 11/5/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 15, 2017Home Sold
$274,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,858$31,060
2019$1,376$23,460
2018$1,841$30,050
2017$672$30,050

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1985707
3
/10

  • Gunnison Middle School

  • 1099 N 11th St

  • 20.67 miles

  • Public District Grades 6-8

High School

school-card-donut-1985708
6
/10

  • Gunnison High School

  • 800 W Ohio Ave

  • 21.01 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,416. Residents of Crested Butte, CO typically earn between $35k-100k each year. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 196 Lake Ridge Dr

What is the listing price of this property?

The listing price of 196 Lake Ridge Dr property is $3,750,000.

What type of property is this?

The property 196 Lake Ridge Dr is a house located in Crested Butte, Colorado, 81224.

Is this property for sale now?

Active Listing: 196 Lake Ridge Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 196 Lake Ridge Dr are:
Gunnison Middle School: GreatSchools Rating 3/10
Gunnison High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,858 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 15, 2017 for $274,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 196 Lake Ridge Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 196 Lake Ridge Dr is 2,679 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 196 Lake Ridge Dr is 2019.
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Rocket Homes›Colorado›Gunnison County›Crested Butte›81224›196 Lake Ridge Dr

This home is located at 196 Lake Ridge Dr in Crested Butte, CO and zip code 81224. This 2,679 square foot home, which was built in 2019, sits on a 1.85 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $3,750,000.

The inventory of homes for sale in Crested Butte, CO between September 2024 and October 2024 increased by 11.9%. The median list price of listings available in October 2024 was $1,650,000, while the average time on the real estate market was 200 days.

From Rocket Homes Real Estate and based on county public records data.

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