45 Creek Cove
Crested Butte, CO 81224
Experience the perfect combination of luxury, income potential, and mountain tranquility in this exceptional Meridian Lake Meadows home in Crested Butte. With 7 bedrooms, 5 full baths, and 5,898 square feet on a .53-acre lot, this property offers stunning front yard views of Mt. Crested Butte and backyard views of Gothic Mountain and the Elk Range. Designed for both private enjoyment and income generation, it features three fully equipped kitchens and separate living areas ideal for short-term rentals, long-term tenants, or a multi-generational retreat. The newly finished basement apartment includes 1 bedroom, 1 bath, a full kitchen, washer/dryer, private entrance, and flagstone patio, while the 884-square-foot garage apartment offers 2 bedrooms, 1 bath, a full kitchen, washer/dryer, mountain views, and a strong, consistent rental history. The expansive basement provides a large game room, private gym with barn doors, and additional storage. The main level features 10-foot tongue-and-groove ceilings and a wall of windows framing breathtaking mountain vistas, flowing into a gourmet kitchen with granite countertops, a walk-in pantry, and generous dining space that leads into a spacious living room with a stacked stone gas fireplace. A grand half-log staircase rises to the primary suite with panoramic mountain views, a private deck, and a spa-like ensuite with jetted tub, walk-in shower, and dual vanities, while two additional bedrooms, a full bath, and an extra living space complete the upper level. Nestled between Long Lake and Snodgrass Trail, the property offers year-round access to outdoor recreation, from fishing and paddleboarding at the reservoir and Long Lake to quick hikes or bike rides right from Snodgrass Trail, along with snowmobiling and Nordic skiing just down the street at the trailhead. Meridian Lake Meadows is ideally located between the ski resort and downtown Crested Butte, each less than ten minutes away. With an established rental history, high occupancy rates, and exceptional guest reviews, this turn-key estate is offered fully furnished (excluding the garage apartment and some items in the basement apartment) and priced at just $475 per square foot—well below market value. You can’t build for that price. Rarely does a home of this caliber, combining luxury, versatility, and income potential, come to market in Crested Butte, making it an extraordinary opportunity for a high-end rental, private vacation retreat, or multi-generational mountain estate.
- 7 Beds
- 5 Baths
- 5898 Square Feet
- Dining Room
- Family Room
- Additional Quarters
- Appliances: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Double Oven, Exhaust Fan, Oven-Wall, Freezer
- Flooring: Carpet-Partial,Hardwood,Slate,Tile,Vinyl,Laminate
- Heating: Natural Gas
- Interior Inclusions: Window Coverings, Part Furnished, Ceiling Fan(s), Granite Counters, Guest Quarters, Jetted Tub, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener, Fitness Room, Game Room
- Zoning: Residential Single Family
- 0.530 Acres
- Garage: Attached Garage
- Siding: Concrete,Log,Stone
- Roof: Metal
- Exterior Inclusions: Satellite Dish, Landscaping, Deck, Gas Grill, Balcony, Covered Porch
- Elementary: Crested Butte Community K-12
- Middle: Crested Butte Community K-12
- High: Crested Butte Community K-12
Courtesy of Jesse Ebner 970-713-2000 jesse@jesseebner.com

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Gunnison Real Estate & Rentals LLC contain that company's name.
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This data was last updated: 2026-01-31 6:31pm
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than Gunnison Real Estate & Rentals LLC contain that company's name.
Fair Housing Disclaimer
This data was last updated: 2026-01-31 6:31pm
