503 Red Lady Ave, Unit 101

989 Sq. Ft.
$763 / Sq. Ft.
989
Sq. Ft.
$763
per Sq. Ft.

Description

Rarely does a cost-conscious condo with this much style hit the Crested Butte market in town. Modern sophistication meets mountain convenience. Positioned in a premier, "walk-to-everything" location this corner 1-bedroom/2-bath plus large commercial office, is just steps from the market, ski-area shuttle, and a short, scenic stroll to the shops and dining of Elk Avenue. The open-concept living area features 11-foot industrial-style ceilings, and banks of windows that flood the upper story with natural...Rarely does a cost-conscious condo with this much style hit the Crested Butte market in town. Modern sophistication meets mountain convenience. Positioned in a premier, "walk-to-everything" location this corner 1-bedroom/2-bath plus large commercial office, is just steps from the market, ski-area shuttle, and a short, scenic stroll to the shops and dining of Elk Avenue. The open-concept living area features 11-foot industrial-style ceilings, and banks of windows that flood the upper story with natural light, while boasting views of Mt. Emmons that glow at sunset. The kitchen is outfitted with butcher-block countertops, a classic farmhouse sink, and stainless-steel appliances. Additional upgrades include wide-plank white oak flooring, window treatments, cable rail, paint, and new lighting. The ground-floor commercial space beckons with opportunity and (again) uniquely high ceilings for a condo in town. At 293 square feet, with separate entrance, custom closet, giant windows on two sides, and a fully renovated bath featuring marble shower-floors, and glass herringbone accent tile: this spot will suit owner or tenant alike. Offering a $5,000 Buyer-credit with an agreeable offer, to make this primary home or high-mountain getaway, your own. Sorry folks: no short-term rentals permitted. When the shops close, enjoy the quiet and the stars against the mountainside with only three residences on this side of the building. Seller is a licensed Real Estate Broker in the state of Colorado.
  1. Listed by Michelle Rampelt • LIV Sotheby's International Realty - CB

Property Details for 503 Red Lady Avenue, Unit 101

Water Front
No
Views
Mountains
Subdv Name
Crested Butte (Town of)
LISTING UPDATED: 03/12/2026 11:15 AM

Property Details for 503 Red Lady Avenue, Unit 101

StatusUc / Contingent / Call Lb
MLS #831958
Days on Market14
Taxes$4,224 / year
HOA Fees$459 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeRESIDENTIAL / Condo
Year Built1994
CountyGunnison County

Location

Listing Courtesy of LIV Sotheby's International Realty - CB, Michelle Rampelt
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Building Information for 503 Red Lady Avenue, Unit 101

Building/Complex503 Red Lady AveFloor1Stories-Residences-Pet PolicyOnly Dogs AllowedPet Policy DetailsYesYear Built1994

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$4,613 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,802

Property Taxes

$352

HOA Dues

$459

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Property Information for 503 Red Lady Avenue, Unit 101

Summary
Location and General Information
  • Directions: Located at the furthest south end of 5th, where 5th and Red Lady Avenue meet. Corner/end residence on the southwest side of the building. Directly behind the movie theater. There is an assigned space for 101 on the south side along sidewalk. Commercial parking out front can be busy during peak daytime hours -- park where convenient. Lock box is hanging on french doors. Key is for single front-entry door to the left. When you pull the door firmly closed, lock will engage automatically.
  • Access: Year Round
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12
  • High School: Crested Butte Community K-12
Taxes and HOA Information
  • HOA/Metro Fees: $458.86
  • HOA Inclusions: Building Maintenance, Insurance, Sewer, Trash, Water, Snow Removal, Management, Parking
  • HOA Name: Majestic Plaza
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 4223.63
Property
Property and Assessments
  • Domestic Water Source: Public
  • Domestic Sewer Source: Public Sewer
  • FIPS Code: 08051
  • Legal/Lot Block: UNIT 101, MAJESTIC PLAZA CONDOMINIUMS, CRESTED BUTTE
  • Foreign Owned Y/N: No
  • Photo Count: 20
  • New Construction Y/N: No
  • Disclosures: Covenants, Seller is Licensed Agent
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Residential, Mixed-Use
  • Possible Property Use: Mountain Recreation
  • Condo/Townhome Complex: Majestic Plaza Condos
  • Parcel ID #: 3.25503186003E11
  • Property Description: Adj to Open Space
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Heater: Gas Water Heater
  • Utilities: Electric, Natural Gas, Cable TV, Internet
  • Addit Living Quarters: No
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Bathrooms: 2.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Main SF: 989
  • Upper SF: 696
  • Lower SF: 293
  • Florring: Carpet-Partial, Hardwood, Tile
  • Heating Fuel/Source: Natural Gas
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Heating System: Floor Furnace
  • Interior Inclusion: Window Coverings, Wired/Cable TV, W/D Hookup, Pantry
Exterior Features
  • Residence Style: Contemporary
  • Construction Type: Metal Frame

Property History for 503 Red Lady Avenue, Unit 101

DateEvent & SourcePriceAppreciation
Mar 10, 2026

Pending

CRENMLS #831958

—
Feb 25, 2026

Listed (Active)

CRENMLS #831958

$755,000—
Jun 2, 2015

Sold (Public Record)

Public Record #1216422884

$265,000

-1.6% / yr

DateEvent & SourcePrice
03/10/2026

Pending

CRENMLS #831958

—
02/25/2026

Listed (Active)

CRENMLS #831958

$755,000
06/02/2015

Sold (Public Record)

Public Record #1216422884

$265,000

-1.6% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503 Red Lady Avenue, Unit 101

This home is within Gunnison Watershed Re1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 10
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
Gunnison Elementary School
PublicPK to 5

Marble Charter School
CharterK to 10

Gunnison Middle School
Public6 to 8

Crested Butte Community School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LIV Sotheby's International Realty - CB, Michelle Rampelt

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 02/25/2026 05:00 PM through 05/07/2026 06:37 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/12/2026 11:15 AM