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Residential Land for Sale in Crested Butte, Colorado

506 Nicholson Lake Ridge Rd, Crested Butte, CO 81224

$865,000
1.64 acres
Active sale
ago
Est $6,242/mo

Alexandra Richland, Signature Properties Ebner & Associates, LLC, C:,,: 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. Toward the back, selective tree clearing could open up gorgeous views of 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.

Location

Street address
506 Nicholson Lake Ridge Rd
Zip code
81224
Elevation
9,016 feet
Coordinates
38.9001, -107.0103

Directions

From Gothic Rd/HWY 135, turn left onto Slate River Rd. Drive past Nicholson Lake, turn left onto Nicholson Lake Ridge Rd, and the property will be on your right.

Property details

Acreage
1.64 acres71,438 sq ft
MLS #
CREN 838518
Posted

Parcels

  • 317728002006

Listing history

DateEventPriceChangeSource
Aug 28, 2026New listing$865,000CREN
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This 1.64-acre property is located at 506 Nicholson Lake Ridge Rd in Crested Butte, CO 81224. The land is available for sale, priced at $865,000 — $527,439 per acre.

Listed by Signature Properties Ebner & Associates, (970) 901-2922

Checked 2 hours agoUpdated Source

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Alexandra Richland
Signature Properties Ebner & Associates
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