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Key Details
Sold Price $495,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 688 sqft
Price per Sqft $719
MLS Listing ID 825901
Sold Date 10/08/25
Style Studio
Bedrooms 1
Full Baths 1
Year Built 1980
Tax Year 2024
Property Sub-Type Condo
Property Description
Turn-key, rental machine in Mt. Crested Butte just steps from the ski slopes! Mountain Edge #305 has racked up over 400 five-star reviews on Airbnb and brings in just as much income as many 2+ bedroom units, but for a much lower purchase price. Offered fully furnished and turn-key, this property is perfect for an investor seeking proven rental history and immediate income potential. Step into Mountain Edge #305 and you'll feel like you've entered an inviting ski lodge. Wood beams and an electric fireplace offer the warm ambiance one would expect from a mountain condo, while the entire west-facing wall of the unit is comprised of sliding glass doors that flood the space with natural light. The doors open to your private patio, the perfect place to soak up sunsets over Whetstone. On the patio you'll find a massive storage closet with plenty of room to safely lock and leave your bikes, gear, and other personal items while you have renters. There's also a private storage closet in the hallway that's meant for skis and boots. This ground level unit offers practical perks you won't have on upper or basement level floors. For example, you can wheel your bike to your patio and storage closet without dragging it through your unit after a long muddy day on the trails. Pet owners will also appreciate being able to easily let their furry friends outside directly from the condo. Inside, the unit boasts a flexible open layout. While most of the 1 bedroom units in this complex function only as studios, #305 has a foldable sliding wall that allows you to close off the bedroom for separation and privacy. Because the infrastructure is there, if you wanted to change the sliding wall to a permanent fixture and convert the unit to a true one bedroom, that's an easy possibility. The Mountain Edge building features a large deck with communal grill and one of the best hot tubs in Mt. CB, boasting incredible panoramic views of the surrounding mountains. Several of the area's most famous trails, including Lupine, Snodgrass, and Upper Upper Loop are within easy biking or jogging distance right from your front door. The free shuttle that brings you to both the base area and the town of Crested Butte stops at this complex year round, making this an ultra convenient location for accessing all that Crested Butte has to offer. If you're not inclined to wait for the bus, you can also walk about 30 seconds to the Westwall Lift for first tracks on a powder day! Whether you're looking for a smart investment, a mountain escape (or both), Mountain Edge #305 delivers exceptional value and unbeatable access to everything Mt. Crested Butte has to offer. **Rental income is not guaranteed. All financial figures are based on past performance and provided for informational purposes only. Buyers are advised to conduct their own due diligence.
Location
State CO
County Gunnison
Area Mt. Crested Butte
Zoning Residential Single Family
Rooms
Basement Permanent
Interior
Interior Features All Furnishings, W/D Hookup
Heating Electric Baseboard
Flooring Carpet-Partial, Tile
Furnishings Furnished
Exterior
Exterior Feature Patio
Utilities Available Cable TV, Electric, Internet
View Mountains
Roof Type Metal
Building
Story One Story
Foundation Permanent
Sewer Public Sewer
Water City Water
New Construction No
Schools
Elementary Schools Crested Butte Community K-12
Middle Schools Crested Butte Community K-12
High Schools Crested Butte Community K-12
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