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2 Beds
2 Baths
3,492 sqft

$6,995,000

228 Elk Avenue, Crested Butte CO, 81224

Price per sqft$2,003.15
Built in1882
Property size3,492 sqft
Property typeCondominium
Listed by Betsy Wiebe with LIV Sotheby's International Realty - CB 970-209-8643

Overview

Active

Listed Jul 23, 2026

Updated Aug 6

Above the street-level commercial space, currently home to the well-established McGill's restaurant, a spacious two-bedroom, two-bath residence with a loft adds a special level of versatility to this mixed-use offering. Included as part of the sale of the entire property, the residence provides an ideal opportunity for an owner-occupant, employee housing, a long-term rental, or a private mountain retreat. The living room windows overlook Elk Avenue, offering a sought-after perspective of downtown Crested Butte and its year-round energy, from everyday activity to the community's celebrated events and festivals. The thoughtfully designed floor plan includes two bedrooms, two baths, and a generous loft that overlooks the living room and through the windows onto Elk Ave. A private deck at the rear of the residence provides a quiet outdoor escape, while separate access from both Elk Avenue and the alley offers convenience and privacy found in this downtown property. Whether preserving the existing restaurant, leasing the commercial space, or reimagining its future, the residential component enhances both the functionality and long-term value of this remarkable downtown property.

$46,538/mo

Est. mortgage payment based on a $6,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
837411

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$32,105
Tax Frequency
Annually
View
Yes

Listed by Betsy Wiebe with LIV Sotheby's International Realty - CB 970-209-8643


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Data last updated on: 8/6/2026

 

 

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