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196 Lake Ridge Drive

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Property Info

196 Lake Ridge Drive
Crested Butte, CO 81224

$3,500,000

Under Contract

4 Beds

4 Baths

3330 Square Feet

Residential

MLS# 813963

County: Gunnison

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Property Details

Nestled on 1.85 acres with breathtaking views of Mount Whetstone and Mount Crested Butte, this meticulously maintained property offers an exceptional mountain living experience. The home features 3,330 sq. ft. of living space, including 3 bedrooms and 2 bathrooms on the upper main level, as well as a newly added 651 sq. ft. lower-level living area. Additional spaces include a 2-car garage, a large oversized shop, and a 939 sq. ft. attached apartment. Uniquely positioned for immediate enjoyment and future expansion, this lot presents the rare opportunity to live comfortably onsite in a move-in-ready home while you build your dream residence. The lot allows for a maximum potential of 10,000 sq. ft. total. Multiple future building sites offer flexibility, including a flat area near the windmill and a hillside by the fenceline - which opens up breathtaking views. Eliminate the stress of finding temporary housing during construction; settle in now and manage your project firsthand. Drafted expansion plans include a bonus room remodel, kitchen addition, and an extra bedroom, increasing total living space to 4,311 sq. ft. The main residence showcases an inviting open floor plan that seamlessly integrates the kitchen, dining, and living areas, creating a space ideal for both everyday living and entertaining. The kitchen features white oak distressed cabinets, a spacious granite island, KitchenAid appliances, and a double oven. In-floor radiant heating and a Geothermal Heating and Cooling system ensure year-round comfort, complemented by a Lopi high-efficiency wood burner stove. Each bedroom and the main living area are equipped with ceiling fans, while all bathrooms feature Kohler fixtures and Panasonic Whisper quiet fans. The primary bedroom boasts a spa-like ensuite bathroom and a large walk-in closet. For added convenience, the home includes two sets of washer/dryer units. The lower level is outfitted with compressed/fresh air ducts, ensuring optimal air quality and comfort. Enjoy approximately 1,500 sq. ft. of covered outdoor living areas. Outdoor amenities include an asphalt circle driveway, irrigated landscaping, a Bullfrog hot tub on a covered deck off the primary bedroom, multiple covered outdoor spaces, and full RV hookups. A standout feature of this property is the attached 1-bedroom, 1-bathroom apartment, perfect for rental income opportunities. The attached two-car garage provides ample storage space for all of your outdoor gear and vehicles, while the shop is a workspace dream that allows for all types of projects and storage, complete with a BendPak car lift. Located just minutes from Crested Butte’s amenities and world-class skiing, this property is a rare find - offering a turnkey home, expansion opportunities, and the ability to build while you live onsite. Priced below today's replacement cost, this mountain retreat provides incredible value with income potential and all the features for modern mountain living.

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Interior Features

4 Beds
4 Baths
3330 Square Feet
Additional Quarters
Appliances: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Freezer
Flooring: Vinyl
Heating: Geo Thermal
Cooling: Geo Thermal,Forced Air
Interior Inclusions: Wood Stove, Window Coverings, Wired/Cable TV, Ceiling Fan(s), Vaulted Ceiling, Granite Counters, Guest Quarters, Walk In Closet, Garage Door Opener, Mud Room, Heated Garage
Zoning: Residential Single Family

Exterior Features

1.850 Acres
Garage: Attached Garage
Siding: Wood
Roof: Metal
Exterior Inclusions: Landscaping, Patio, Hot Tub, RV Hook Up/Pad, Other, Covered Porch

Schools

Elementary: Crested Butte Community K-12
Middle: Crested Butte Community K-12
High: Crested Butte Community K-12

Courtesy of Heather Woodward 970-596-1394 heather@heatherwoodwardrealtor.com

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This data was last updated: 2025-10-12 5:01am

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