1200 Prospect Drive Parcel G, Mt. Crested Butte, CO 81225
New Listing
$12,000,000
Property Type:
Land
Lot Size (sq. ft.):
274,428
Status:
Active
Current Price:
$12,000,000
List Date:
10/23/2026
Last Modified:
10/23/2026
Overview
Description
...
(Read more)
There is nothing quite like this remaining in a Colorado ski resort. Upper Prospect sits at the convergence of three chairlifts in Crested Butte Mountain Resort — Painter Boy, Gold Link, and Prospect — with 360-degree views of world-famous slopes, national forests, and mountain peaks. This roughly 6-acre parcel is the last true hospitality development-scale opportunity of its kind in the state. Priced below comparable sites across Colorado's resort markets, Parcel G carries previous entitlement history under the 2001/2002 approved PUD (Reception No. 521967) for: "Maximum of eighty (80) Residential Condominium Units. The GRFA shall not exceed an average of 2,000 square feet/unit or a total of 160,000 square feet." Plus "Commercial space: maximum of 33,000 square feet CRFA." Development will require new application. This is a chance to write the next chapter of Mt. Crested Butte, by building something the community can stand behind. This site offers a developer the rare position of shaping growth intentionally, in step with the town's character. Adjacent to the beloved Umbrella Bar, the seasonal gathering spot for skiers all winter and weddings all summer, the site is already woven into the daily rhythm of the resort. An established entitlement team is in place if desired, combined with land-use attorneys, local counsel, and metro-district attorney who have already assisted with entitlements in the area. All with metro districts for the Parcel already formed, in order to accelerate the path forward.
Listing Details MLS# 1015362
Location Info
- Area
- Out of Area
- Complex/Subdivision
- See Remarks
- Property Subtype
- Acreage
- Street #
- 1200
- Street Name
- Prospect
- Street Suffix
- Drive
- Unit #
- Parcel G
- County
- Out of Area
- State/Province
- CO
- Zip Code
- 81225
Keywords Info
- Lot Size Acres
- 6.3
- Lot Size Square Feet
- 274428
- Lot Size Source
- Seller
- Association YN
- No
Listing Info
- Listing Price
- 12000000
- List Price/Acre
- 1904761.9
- Rental Agreement
- No
General Info
- Legal Parcel
- Yes
- Parcel Number
- 3177-000-00-195
- Zoning Code
- TBD
- Metro District
- Yes
- Ground Lease
- No
- Review Board
- No
- Water Rights
- No
Financing Info
- Current Tax Amount
- 84000
- Current Tax Year
- 2026
- Transfer Tax %
- 2
Status Change Info
- Status Change Date
- 2026-10-22
- Original List Price
- 12000000
More Information
Property Features
Geological Info:
Unknown
Property Access:
All Year
Utilities Available:
Electricity Available; Natural Gas Available
Location:
Ski In; Ski Out
Possession:
Delivery of Deed
Listing Office:
LIV Sotheby's Int. Realty-Vail Mountain Haus
Last Updated: October - 23 - 2026
Broker Attribution:
970.393.6077
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