$865,000
 $4,644 est/mo Sourced by Back At You

506 Nicholson Lake Ridge Road,Crested Butte, CO 81224

Crested Butte, CO 81224

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Description

Only 10 minutes from downtown Crested Butte and the ski resort, yet 506 Nicholson Lake Ridge Road feels worlds away! Located in the coveted Alpine Meadows subdivision, this 1.64-acre property is your last chance to design and build a home along the spectacular lakeside ridge of the neighborhood (after this, there are no more lots left!). With year-round access, it combines the privacy and tranquility of a rural mountain setting with incredible proximity to town. Standing on the lot among the mature pines, there's a real nostalgic cabin-by-the-lake feel. Uniquely, Alpine Meadows does not have designated building envelopes, giving you the flexibility to choose the build site and views that best suit your vision. Toward the front of the lot, you could orient the home to capture views of Paradise Divide, as well as take advantage of great southern exposure for solar gain. Toward the back, selective tree clearing could open up gorgeous views of Mt. Crested Butte and Nicholson Lake, one of the neighborhood's defining amenities. The private lake is shared by just 22 homeowners and enjoyed for fishing, swimming, paddleboarding, and more. Just beyond it, the Lupine Trailhead provides convenient summer access to miles of trails, with the Oh Be Joyful Valley and Paradise Divide farther up the road. In winter, the road closes just past the lake, putting snowmobiling, snowshoeing, cross-country skiing, and backcountry recreation practically outside your door. The current owners have already completed valuable preliminary due diligence, including soils testing and surveys. Water and power are available at the lot, and an existing shed is served by 200-amp electrical service, providing useful storage and functionality from day one. There simply are not many places left where you can build something entirely your own, enjoy a private lake and year-round recreation, and still be this close to Crested Butte. 506 Nicholson Lake Ridge Road is one of them.

Details

MLS #838518
Listing TypeFor Sale
HOA Dues$1,200
Sub-TypeResale
StatusActive
Days On Site58
Listing Provided BySignature Properties Ebner & Associates, LLC | Alexandra Richland

Features

ZoningResidential Single Family
Acreage1.64
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesCul De Sac, Fishing Rights, Wooded

Utilities

UtilitiesElectricity Available

Other

List AorGunnison Crested Butte Association Of Realtors

Taxes

Property8488

Area Information

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte Rural
Community NameAlpine Meadows
School DistrictCrested Butte Community K-12
Elementary SchoolCrested Butte Community K-12
High SchoolCrested Butte Community K-12
Listing VS Median (in Alpine Meadows)
Price:
$865,000
low | high
Med:
$2,897,000
100% of Average
On site:
58
low | high
Med:
129
44.961240310078% of Average
Sourced by Back At You

Market Activity 81224

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Learn More About This Property

StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte Rural
Community NameAlpine Meadows
School DistrictCrested Butte Community K-12
Elementary SchoolCrested Butte Community K-12
High SchoolCrested Butte Community K-12
Listing VS Median (in Alpine Meadows)
Price:
$865,000
low | high
Med:
$2,897,000
100% of Average
On site:
58
low | high
Med:
129
44.961240310078% of Average
Sourced by Back At You
Listing Updated: October 7, 2026 at 8:18:41 AM PDT