This three bedroom, three bathroom, 2241 sq. ft. condo went under contract in less than two days of being on the market. Inventory in all areas have been unusually low, and especially in the area of Crested Butte South. This beautifully renovated Meadow Vista condo was the perfect fit for this family, who will make Crested Butte home. Meadow Vista is located just past the three way stop as you enter Crested Butte South’s main entrance. This condo complex is home to only eight condos making it a relatively small homeowner’s association. These condos are among the newer condos in the area, equipped with two car garage, in floor radiant heat, steam showers, high ceilings, ample storage, exterior decks and natural gas throughout.
Conveniently located within walking distance to CB South’s restaurants, commercial district, nordic/ biking and hiking trails, this condo also enjoys protected views just out the front door. This 2200+ sq. ft. home has an open and very spacious concept, and allows for plenty of natural lighting with no shortage of windows throughout. This home sold for full asking price. When these knowledgable Buyers stumbled upon this meticulously maintained home, they were not willing to pass up the opportunity. Throughout their home search, they quickly recognized that when a well appointed, quality home hits the market, it is best to be prepared.
Four homes in CB South have closed since January 1, 2020 with an average sales price of $651,000. 3 out of 4 of these homes sold for full asking price. Respectful sales prices as follows: $510,000 (sold 98% full asking) , $590,000 , $645,000 , $850,000. Additionally, all of these sales were closed in less than 160 days (totaling days on market and time in escrow). There are currently two condos under contract in Crested Butte South – both are which are new construction condos and not completed yet. Nine homes are for sale in this subdivision; 3 of these are single family homes and 6 are condo offerings. Condos range in asking price of $349,000 to $599,000. Single family homes currently range between $675,000 to $1.395M. The shortage of inventory is driving prices in an upward trend.
For a more thorough discussion of these offerings, and of the Crested Butte South subdivision, please contact anytime.
Details for Sale of 311 Cement Creek Road:
- Sales Price: $590,000
- $263 per Sq. Ft.
- Year Built: 2005
- HOA: Crested Butte South
- HOA Dues: $320 per month
- Taxes: $1663 annually
- Offered Unfurnished
- Garage Capacity: 2
- 7 minute drive to Downtown Crested Butte
- 14 minute drive to Crested Butte Mountain Resort