248 W Silver Avenue, Crestone, CO 81131
Local realty services provided by:CENTURY 21 Bear Facts Realty
248 W Silver Avenue,Crestone, CO 81131
$439,000
- 4 Beds
- 3 Baths
- 2,412 sq. ft.
- Single family
- Active
Listed by: niamh kelly-weston, emily donaldsonkellywestonrealtor@gmail.com,719-480-5347
Office: exp realty - rocc
MLS#:2007933
Source:ML
Price summary
- Price:$439,000
- Price per sq. ft.:$182.01
About this home
Location, location, location—this once-in-a-lifetime opportunity offers two income-producing properties in the very heart of downtown Crestone! Fronting W Silver Ave beside a park and year-round creek, this rare package blends a prime setting with versatile living and investment potential. The spacious main home reflects artistic Southwest design with an updated stone-accented kitchen, a decorative kiva-style fireplace paired with a large wood-burning stove, and soaring 16' ceilings in the great room. Expansive windows invite natural light and frame glimpses of the Sangre de Cristo Mountains, while sliding doors open to a private garden with raised beds, bamboo fencing, and space for outdoor dining or relaxation.
Upstairs, a separate income-generating apartment offers its own private entrance, high ceilings, wood-burning stove, full kitchen, and a sunny deck for morning coffee or evening stargazing. With three bedrooms and generous living space, this “treehouse retreat” has thrived as a successful Airbnb averaging ~$3,000/mo and most recently as a long-term rental producing ~$1,800/mo.
Also included is a charming one bedroom detached cottage, currently providing additional income, while a barn to the rear of the property offers appealing renovation potential.
Set in the peaceful Deer Park area, the property is a natural sanctuary frequented by deer and shaded by mature trees, yet only steps from cafés, restaurants,Elephant Cloud market, art galleries, and community events. Whether you’re seeking a spacious private residence, dependable rental income, or a visionary downtown live/work setup, this rare opportunity captures the best of Crestone living.
Prior concept sketches explored mixed-use ideas; buyers should verify any commercial or redevelopment potential with the Town of Crestone and Saguache County. Property is being sold in as-is condition. Seller encourages inspections, but will not be offering inspection resolution concessions or repairs.
Contact an agent
Home facts
- Year built:1985
- Listing ID #:2007933
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Living area:2,412 sq. ft.
Heating and cooling
- Heating:Electric, Propane, Wood Stove
Structure and exterior
- Roof:Shingle
- Year built:1985
- Building area:2,412 sq. ft.
- Lot area:0.33 Acres
Schools
- High school:Moffat
- Middle school:Moffat
- Elementary school:Crestone Charter
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$439,000
- Price per sq. ft.:$182.01
- Tax amount:$1,904 (2024)
New listings near 248 W Silver Avenue
- New
$16,500Active1.06 Acres2058 Condor Overlook, Crestone, CO 81131
MLS# 3293152Listed by: Western Mountain Real Estate - New
$25,000Active0.56 Acres2161 Indian Well Way, Crestone, CO 81131
MLS# 4231078Listed by: Legacy 100 Real Estate Partners LLC - New
$23,000Active0.5 Acres2023 Lone Pine Way, Crestone, CO 81131
MLS# 7454491Listed by: MOUNTAINSIDE REALTY - New
$415,000Active3 beds 2 baths1,650 sq. ft.323 Holiday Overlook Cir, Crestone, CO 81131
MLS# 4547312Listed by: Exit Realty Home & Ranch - New
$599,000Active3 beds 3 baths2,239 sq. ft.1552 Camino Real, Crestone, CO 81131
MLS# 8559117Listed by: eXp Realty - ROCC - New
$599,000Active3 beds 3 baths2,239 sq. ft.1552 Camino Real, Crestone, CO 81131
MLS# 8559117Listed by: EXP REALTY - ROCC
$15,000Active2.91 Acres833 Pine Cone Road, Crestone, CO 81131
MLS# 5317262Listed by: MOUNTAINSIDE REALTY
$145,000Active36 Acres17655 Camino Del Oro, Crestone, CO 81131
MLS# 1935668Listed by: CRESTONE PEAK REALTY
$1,250,000Active3 beds 3 baths2,350 sq. ft.1276 Sycamore Road, Crestone, CO 81131
MLS# 5415208Listed by: PINON REAL ESTATE GROUP LLC
$350,000Active2 beds 2 baths1,112 sq. ft.2108 Lone Pine Way, Crestone, CO 81131
MLS# 3709511Listed by: REAL BROKER, LLC DBA REAL