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There is nothing quite like this remaining in a Colorado ski resort. Upper Prospect sits at the convergence of three chairlifts in Crested Butte Mountain Resort — Painter Boy, Gold Link, and Prospect — with 360-degree views of world-famous slopes, national forests, and mountain peaks. This roughly 6-acre parcel is the last true hospitality development-scale opportunity of its kind in the state. Priced below comparable sites across Colorado's resort markets, Parcel G carries previous entitlement history under the 2001/2002 approved PUD (Reception No. 521967) for: "Maximum of eighty (80) Residential Condominium Units. The GRFA shall not exceed an average of 2,000 square feet/unit or a total of 160,000 square feet." Plus "Commercial space: maximum of 33,000 square feet CRFA." Development will require new application. This is a chance to write the next chapter of Mt. Crested Butte, by building something the community can stand behind. This site offers a developer the rare position of shaping growth intentionally, in step with the town's character. Adjacent to the beloved Umbrella Bar, the seasonal gathering spot for skiers all winter and weddings all summer, the site is already woven into the daily rhythm of the resort. An established entitlement team is in place if desired, combined with land-use attorneys, local counsel, and metro-district attorney who have already assisted with entitlements in the area. All with metro districts for the Parcel already formed, in order to accelerate the path forward.

Highlights

  • Land
  • 6.3 Acre Lot
  • 19 days on Market


  • Acres
    6.3
  • Utilities
    Electricity Available, Natural Gas Available

  • Area
    Out of Area
  • City
    Mt. Crested Butte
  • Neighborhood
    See Remarks

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Frequently Asked Questions

How do I schedule a tour of 1200 Prospect Dr #PARCEL G?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1200 Prospect Dr #PARCEL G.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1200 Prospect Dr #PARCEL G?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $12,000,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Mt. Crested Butte, and can even get you in to see the property quickly.

How do I get a virtual tour of 1200 Prospect Dr #PARCEL G?

Yes! A virtual tour is available for 1200 Prospect Dr #PARCEL G. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1200 Prospect Dr #PARCEL G?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1200 Prospect Dr #PARCEL G at around $75,289. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1200 Prospect Dr #PARCEL G?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1200 Prospect Dr #PARCEL G?

In most cases, yes. Whether 1200 Prospect Dr #PARCEL G is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mt. Crested Butte's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1200 Prospect Dr #PARCEL G?

We can handle that for you. Our preferred local agent specializes in lands in Mt. Crested Butte and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1200 Prospect Dr #PARCEL G was listed on October 21, 2026, which means it's been on the market for 19 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

1200 Prospect Dr #PARCEL G sits on a 6.3-acre lot, which is 274,428 square feet.

What are the property taxes for 1200 Prospect Dr #PARCEL G?

The most recent public record shows annual property taxes for 1200 Prospect Dr #PARCEL G were approximately $84,000. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1200 Prospect Dr #PARCEL G still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

The data relating to real estate for sale on this website comes in part from the Resort Data Exchange program of the Vail Multi List Service Inc. and Mountain Region Multi List Service. Real estate listings belonging to brokerage firms other than Continental Real Estate Group, Inc, Vail Valley are marked with the RDX logo or icon. The detailed information about them includes the listing brokers name. Copyright ©2026 Vail Multi List Service, Inc. and Mountain Region Multi List Service. All rights reserved.

Last Updated: November 09, 2026 at 05:43AM | Source: Vail MultiList Service | MLS#: 1015362