Mountain Homes Realty
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507 first street

Crested Butte, CO 81224

$6,995,000

3 BEDS 1.5 BATHS
2,069 SQFT0.18 AC LOT
Residential - Stick Built
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Bedrooms 3
Total Baths 2
Full Baths 1
Square Feet 2069
Acreage 0.18
Status Active
MLS # 835650
County Gunnison
More Info
Category Residential - Stick Built
Status Active
Square Feet 2069
Acreage 0.18
MLS # 835650
County Gunnison
BEAR ALLEY - Unwrap the fairytale - A Once-In-A-Lifetime Creekside Compound: Tucked away on a private alley in the most desired west side of town – this enchanting creekside compound is a secret sanctuary, impossible to replicate in character or setting. Hidden along 200 feet of riverfront on Coal Creek, BEAR ALLEY is a first-time-to-market treasure. There is nothing like it. There never will be. Featured in premier architectural lifestyle publications and showcased on HGTV, BEAR ALLEY is a masterful blend of scale, artistry, light and privacy. It’s unique character of warmth and magic leaves visitors captivated, charmed, and breathless. Historic Charm Meets Artisan Craftsmanship: Constructed in 2001, the property incorporates two original 100-year-old coal sheds — meticulously restored and grandfathered-in as livable spaces that offer both personality and a timeless connection to Crested Butte’s past. The historic structures are seamlessly fused with custom craftsmanship throughout. The home’s open floor plan is anchored by soaring 30-foot ceilings and massive beams salvaged from the largest, century-old warehouse on the Columbia River. Original iron bolts remain intact, lending authenticity and character rarely found in modern construction. The exterior timber on the main house was sourced from Montana’s Elkhorn Mine – weathered lumber as old as the original coal sheds, blending with the home’s aged patina. The line between old and new vanish in the craftsmanship, At the heart of the home lies its true masterpiece: 18-inch-wide Eastern Heart Pine floors, reclaimed from an 18th-century Virginia barn. Civil War soldiers once walked these planks – each board carrying the weight of history. The Master Wing: A Private Sanctuary: The master bedroom wing is a private retreat all its own – a former coal shed now transformed into a sanctuary just inches from your own stretch of Coal Creek. Above the bed, skylights frame the full moon; below, the soothing sound of running water lulls you to sleep. This spacious master suite features a kiva-style gas fireplace, an Ann Sacks soaking tub, custom concrete sinks, and Sonoma Forge fixtures – all accenting the combined bedroom and bathroom experience. The Bunkhouse: Whimsey For A New Generation The BUNKHOUSE – a third bedroom that sleeps four – is the second restored outbuilding, offering children their own whimsical world just steps from the main house. Part fort, part hideaway, it captures the spirit of Crested Butte’s slightly askew and delightfully untraditional approach to living. A Setting Like No Other: Shaded by Crested Butte’s oldest and most majestic cottonwoods, every door opens to a private interior yard where wildflower gardens bloom, a creekside flagstone patio invites al fresco dining, and a hot tub rests at the water’s edge. Here, barefoot relaxation is a way of life — even from a lounge chair set right in the creek. Secluded at the end of this dead end gravel lane, BEAR ALLEY is free from traffic, tourists and noise – yet just two blocks from the vibrant energy of Elk Ave. Upscale dining, boutique shopping, day spas and lively bistros are steps from your front door, while hiking and biking trails, schools, churches, and ice rinks are all within easy walking distance. Only one other home shares this private alley, offering the rare luxury of living in town with unmatched privacy. More Than A House – A Legacy: A legacy like this cannot be built again. This is more than a residence – it is a generational sanctuary. A rare offering of privacy, location, water and soul.
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Exterior Features

  • Construction Single Family
  • Siding Wood Frame, Post & Beam
  • Exterior Deck, Hot Tub, Irrigation Water, Landscaping, Lawn Sprinklers
  • Roof Metal
  • Garage No
  • Water Central Water, Public
  • Sewer Public Sewer
  • Lot Description Boundaries Surveyed

Interior Features

  • Appliances Refrigerator, Washer, Dishwasher, Disposal, Dryer, Exhaust Fan, Range/Oven
  • Heating Electric, Natural Gas
  • Fireplaces Description Living Room, Bedroom
  • Living Area 2,069 SQFT
  • Year Built 2001
  • Stories Two Story

Neighborhood & Schools

  • Subdivision None
  • Elementary School Crested Butte Community K-12
  • Middle School Crested Butte Community K-12
  • High School Crested Butte Community K-12

Financial Information

  • Parcel ID 325503153004
  • Zoning Residential Single Family

Additional Services

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Listing Information

Listing Provided Courtesy of LIV Sotheby's International Realty - CB - (970) 596-3228
Listing Agent Channing Boucher
The data for this listing came from the Colorado Real Estate Network, CO MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited. crenmls.com/full-cren-disclaimer-2
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.
Listing data is current as of 06/24/2026.

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