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1200 Prospect Drive, Unit Parcel G
Mt. Crested Butte, CO 81225
2 days ago NEW · Active
$12,000,000
6.30
Acres
MLS# 1015362
Cumulative Days on Market: 6 · Includes prior listings · Currently listed since 10/23/26 · Data provided by the MLS.

Property Description

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.

Property Highlights

Property Type
Land
Property Sub Type
Acreage
Acres
6.30
Cumulative Days on Market
6

Location

Area
Out of Area
City/Township
Mt. Crested Butte
Subdivision
See Remarks
County
Out of Area
Zoning
TBD

Property Details

Price
$12,000,000
Property Type
Land
Property Sub Type
Acreage

Terms

Terms

Cumulative Days on Market
6

Taxes

Tax

Tax (Annual)
$84,000

Heating, Cooling & Utilities

Utilities

Utilities
Electricity Available, Natural Gas Available

Lot

Acres
6.30
Lot Size
6.30
Lot Size Area Sq Ft
274,428
Road Surface
All Year
Listed by LIV Sotheby's Int. Realty-Vail Mountain Haus
Listing Data last updated 10/25/2026 03:00 am
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Property History

Today
Property information last updated
2 days ago
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 6 days (includes prior listings) · Currently listed since October 23, 2026. Data provided by the MLS.