Nordic Inn For Sale with tremendous Upside Opportunity - Approved PUD for 132 Room Hotel Expansion. Located in the ski resort base area - Crested Butte Mountain Resort operated by Vail Resorts International in Mt. Crested Butte Colorado.
Bringing a unique blend of historic charm and modern comforts, making it a special place for visitors. As the only remaining chalet-style hotel from the opening year of the Crested Butte Ski Area (1963), it has been beautifully renovated to retain its classic appeal. The inn offers a cozy, welcoming atmosphere with a roaring fireplace in the lobby, a hot tub, and ski room, all while being conveniently located near the base of the ski area. Current owners have spent years obtaining approval from the Town of Mt. Crested Butte for a PUD and 132 Room Hotel on the 3 Acres.
Nordic Inn Hotel + Land / PUD Offered for: $10,995,000
39 Whetstone Road "The Summit Residence" Offered Separately for: $4,995,000
Listed by: Chris Kopf, Global Luxury Property Specialist
Coldwell Banker Mountain Properties
Executive Summary
Photo Flip Book - Over 75 Additional Photos
Development Opportunity PUD Documentation
Nordic Inn Land - Plat Map
and More!
* Signed Non-Disclosure Agreement required to Receive Financials
The owners of the Nordic Inn and associated land are pleased to offer qualified buyers the opportunity to acquire the 28-room historic Nordic Inn Bed & Breakfast + Land.
Location: 16 & 18 Treasury Rd, Mt. Crested Butte, Colorado, 81225
Offered for: $10,995,000
This boutique 28 room hotel has strong upside potential and is recognized as a premier Bed & Breakfast in Crested Butte, as ranked by TripAdvisor. The 3.37 acres of land include three parcels—representing a large development opportunity in the base area.
The Chalet is the 28th room and offers 1,800 square feet of living space. This separate structure sleeps up to 8 people and could become the Owner/Operator’s home.
The "Summit Residence" – the Nordic Inn also owns and operates the 10 Room Lodge Residence at 39 Whetstone Road. This home with convenient skier access is 13,536 sq. ft. with a 3 car garage. Bookings via the Nordic Inn reservation system available per room per night, or the whole residence may be rented for large groups, weddings…etc.
39 Whetstone Road "Summit Residence" offered separately for: $4,995,000.
A Planned Urban Development (PUD) was approved by the Mt. Crested Butte Town Council in December 2019 for an expansion of the hotel: A 132-unit hotel that includes a restaurant, spa, and 4,200 sf conference area. In addition to the 132 units (approximately 99,000 square feet), 8.46 community housing units (4,677 square feet) as required by the Town Code will be provided on site. The alteration also includes a 2-level below grade parking garage that will accommodate 220 parking spaces. Seventy-five of these spaces will be designated for public parking.
Ski Shuttle – the CBMR ski shuttle that provides convenient motorized transport for guests from their vehicles to the base area – also picks up Nordic Inn guests and shuttles them to and from the lifts.
Convenient Bus Service - Convenient bus service is available with a bus stop located adjacent to the property. The Crested Butte Mountain Express (MX) provides free public ground transportation services for residents of and visitors to Mt. Crested Butte, Crested Butte, and the surrounding north valley communities. In addition the RTA Bus provides free public ground transportation to Gunnison. The Mt. CB Base Area Transit Center is approximately 2,000 feet from the Nordic Inn at the heart of the base area.
There is so much to see, you will want to schedule a private showing.
Chris Kopf
Global Luxury Property Specialist
Coldwell Banker Mountain Properties
email: [email protected]
mobile phone: (970) 209-5405