Crested Butte Market News

A 70 mile trail to Crested Butte?  Yes, you heard it right.  Eventually this trail will go from Carbondale to Crested Butte.  What an amazing day or two that will be for anyone who love mountain biking.  And once you are here you’ll have access to the countless trails already here for your mountain biking pleasure.
Cheers,

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

CARBONDALE, Colorado — The ribbon was only just being cut to mark the official opening of the first phase of the new Crystal Valley Trail Friday afternoon when Jay Jahani was already dreaming of a bike ride to Crested Butte.

“I’m so happy to be here for the opening today, it’s one of my dreams,” said Jahani, of Glenwood Springs, who was one of about 80 people who turned out to celebrate the official opening of the new 5.2-mile section of paved trail from Carbondale to the BRB Campground.

“But I’m really looking forward to having it continue all the way over Kebler Pass some day,” he said.

Ellen Sassano of Carbondale agreed.

“This is great, but more than that I can’t wait until it goes over to Crested Butte,” she said.

Click Here for Full Story

Matthew Shephard Foundation Plans Memorial Gay Ski Week in Crested Butte, CO

Hi Everyone,
The memory of Matthew Shepard will take to the slopes next spring with the inaugural Butte 11: Matthew Shepard Foundation Gay Ski Week, to be held at Crested Butte Mountain Resort. This will take place March 19th through the 26th. Click below for full story, come on out for some skiing and support the Mathew Shepard Foundation.
Cheers,
Corey

Click Here for Full Story

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

Hi Everyone,
Crested Butte is know as the “Birthplace of Mountain Biking” with amazing stories of locals racing to Aspen on custom made townies.  Over the years the bike were tweaked further to eventually create the Mountain Bike.  Read the following story for a very interesting historical account of the most famous race in Crested Butte. Come on out and ride your bike on Colorado’s best mountain bike trails.  Bring your large lungs as you will need them in our beautiful valley.  Interested in a dream mountain home?  Call me to receive some listings with all your needs in mind.

I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area.

Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby’s International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby’s network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings.
Cheers,
Corey

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

Crested Butte Fetes its role in Mountain Biking Lore

R. Scott Rappold
The Gazette/AP
Aspen, CO Colorado

CRESTED BUTTE, Colo. — Glo Cunningham’s first attempt to ride Pearl Pass did not begin well.

“I had a three-speed and two of my three speeds broke on my way up the hill out of town,” the 61-year-old cyclist from Crested Butte recalled. “Fortunately, the one that worked was the low gear.”

The year was 1980 and these were not the sleek, lightweight bicycles of today, but 35-pound monstrosities, Schwinns meant for leisurely trips on gentle pavement. Pearl Pass was the opposite, an old, 40-mile mule train route between Crested Butte and Aspen, which tops out at 12,700 feet, holds snow through August and runs through some of the roughest terrain in Colorado.

More parties on wheels than the organized rides of today, these early trips have become legendary, as Crested Butte cyclists “pushed, dragged and carried” their “klunkers” into mountain biking history.

Late last month, cyclists celebrated the 30th anniversary of Fat Tire Bike Week, the nation’s oldest mountain bike festival. Its roots are traced to these rides over Pearl Pass, and it is an iconic event for Colorado’s iconic mountain-biking town.

Click Here for Full Story

Hi Everyone,

Here is a very informative article on our Wine and Food Festival coming up in Crested Butte, Colorado.  Come join in the fun and look at some property while you are here.

Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby’s International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby’s network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed to unparalleled service.

Cheers,
Corey

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

More than 400 wines to be featured at the Crested Butte Land Trust Wine & Food Festival next week

The third annual Crested Butte Land Trust Wine & Food Festival starts next week – Wednesday, July 21 through Sunday, July 25 – and will feature on-site sommeliers, award-winning chefs and a variety of wine-themed parties and activities.

The signature event, the Grand Tasting, will be held on Saturday, July 24, from 2 to 5 p.m. It will feature hundreds of wines from around the world and hors d’oeuvres from more than a dozen local restaurants.

This year, the event returns to its outdoor venue at the base of Crested Butte Mountain Resort (CBMR). Tickets are $70 in advance and $80 the day of the event. To purchase tickets, go to www.crestedbuttewine.com/grand_tasting.htm or go to the Crested Butte Land Trust office at 308 Third Avenue in Crested Butte.

Click Here for Full Article

Hi Everyone,
Great news today as we receive formal notification of the direct flights between Houston, TX and Crested Butte, CO.  A long time coming I personally have many clients that will be thrilled of this convenience.  Most of our guest and second homeowners are from Texas and many from Houston who have not purchased their home due to the difficulty of getting here.  The game has changed now.  Call me for all of your real estate needs.

I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area.

Cheers,

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

Continental Airlines Announces New Service Between Houston and Gunnison-Crested Butte, Colorado

HOUSTON, July 7 /PRNewswire-FirstCall/ — Continental Airlines (NYSE: CAL) today announced new winter service between its Houston hub and Gunnison-Crested Butte Regional Airport in Colorado, beginning Dec. 16, 2010. The service will operate through April 3, 2011. Gunnison is located just 30 miles from Crested Butte Mountain Resort, one of Colorado’s most popular powdery slopes for alpine skiing and snowboarding.

“The thought of a snowy mountain escape is especially appealing after a long hot summer,” said Jim Ferea, Continental’s managing director scheduling.  “Our new Houston to Gunnison flight joins our growing list of ski destinations in Colorado that are easily reached through convenient connections at our Houston hub.”

The new service will depart Houston at 11:40 a.m. and arrive in Gunnison at 1:25 p.m. The return flight will depart Gunnison at 2:15 p.m. and arrive in Houston at 5:35 p.m. Flights will operate daily except between Jan. 4 and Feb. 16, 2011, when the service will operate Tuesdays, Thursdays, Saturdays and Sundays. The flight is scheduled to accommodate convenient connections for customers traveling from points throughout Texas, the eastern United States, Mexico and South America.

Click Here for Full Story

27 West Silver Sage Drive – $249,000

Hi Everyone,

Looks like some good activity in the Colorado land market.  With land being some of the hardest hit in Colorado it appears the prices have fallen low enough for investors to snatch up the bargains.  With a extremely large amount of land listings in Crested Butte, CO I suspect we will see some move this summer, prices have droped 75% is many cases.  Call me if you are interested in purchasing some Crested Butte land this summer.

Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby’s International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby’s network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed to unparalleled service.

Cheers,

Corey

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com

Homebuilders Buying up Lots – Good Sign for Market Rebound in Denver

Denver Post: Despite softening sales in the new-home market, national home building companies in the Denver area are continuing to buy lots, significantly driving up prices from where they were a year ago.

It’s part of their push to have communities to build in when their existing inventory runs out and to position themselves for an economic turnaround.

The push to buy lots comes even as sales of new homes collapsed in May, falling 18.3 percent nationally compared with the same period last year.

“At the end of last year, we had just one active community that we could still sell homes in in 2011,” said Matt Janke, director of land acquisition for Meritage Homes’ Denver office.

Over the last six months, Meritage Homes has snapped up about 600 lots in 13 communities, and the company isn’t stopping — it closed on four land deals last week.

“As long as I can underwrite the deal and the market data supports the deal, we will continue to buy,” Janke said. “We have no cap on what we can buy.”

Meritage recently bought 72 lots in the Smoky Hill corridor for $43,000 apiece from an investor who paid $24,000 each last summer, Janke said.

“It’s still a fantastic price, but it shows there’s an appreciation in the market,” he said.

Click Here for Full Story

We are having the hardest time selling land in Crested Butte currently which creates the best time for a community to make a deal for open space.  Almost 400 acres now saved for all future generations.  Can’t we just use this as a swap for the expansion on Snodgrass?  A little give an take? We still await the decision for appeal regarding that situation.  I will update you all of the final outcome.

Now is the best time to purchase in Crested Butte, with price reductions over 50%.  Call me if you would like to set up a time to view some amazing Crested Butte property.

Whether you are inquiring about Crested Butte homes for sale, Crested Butte condos for sale or Crested Butte land for sale or wish to sell your Crested Butte home, condo or land I have vast knowledge of the Gunnison Valley to assist you. As a Benson Sotheby’s International Realty real estate agent and Realtor I have unrivaled access to qualified people throughout our global Sotheby’s network. Please take a moment to get to know me better by clicking About Me and Testimonials. You may search the Crested Butte MLS listings via my Crested Butte property search page anytime of the day as well as set up My Listing Manager to notify you of new property listings. Contact me anytime of the day to obtain my expertise as your resort property specialist in the Crested Butte area as I am committed to unparalleled service.

Cheers,

Corey Dwan – REALTOR

Benson Sotheby’s International Realty

P.O. Box 210

433 Sixth Street

Crested Butte, CO 81224

970-596-3219 Cell

970-325-3219 World Wide Cell

970-349-6653 Office

970-797-1810 Fax

www.CrestedButteForSale.com

Almost 400 acres of scenic open space will be permanently set aside for public use in Crested Butte because of deal worked out this week.
The property north of Gothic Road between the town and Mount Crested Butte soon will be available for winter and summer recreation, elk habitat and wetlands, It also offers spectacular views of the town and mountain, according to the Trust for Public Land, which brokered the deal.
Officials called it the largest land conservation transaction in the town’s history.
“This property serves as the ultimate conservation puzzle piece — connecting four existing open space parcels, buffering national forest, and providing recreational access to the backcountry,” Justin Spring, the project manager for the Trust for Public Land, said in a statement.

Click Here for Full Story