Recently repriced to create a compelling opportunity for an owner-occupant, this rare mixed-use property in the heart of Crestone offers the ability to live and work in one of Colorado's most unique settings. Thoughtfully maintained and ideally located in a prime commercial corridor, it provides exceptional flexibility for residential, business, or live/work use. Surrounded by mature trees, mountain views, and spacious lots offering privacy with redevelopment potential, the property is currently a single-family residence but has a history of mixed use, including professional office rentals. Zoning allows a wide range of uses: professional offices, medical/dental, retail, services, restaurants, lodging, mixed-use, and more. Abundant off-street parking and generous lot size enhance versatility. The main floor features an open concept with soaring ceilings, a U-shaped kitchen with peninsula bar and stainless appliances, ample cabinetry, and adjacent dining. A private bedroom and bath complete the level. Expansive windows flood the space with light and open to a sunny upper deck. A Hearthstone wood stove, wood paneling, and hydronic heat create a warm mountain feel. The lower level offers flexibility with a separate entrance from the south-facing terrace and a fenced side yard with apple trees. An entry room suits a waiting area or study, with adjoining rooms for bedrooms or offices. This level also includes a 3/4 bath, utility room with laundry, and kitchenette. Additional sheds and a parking structure provide extra storage. A designated Dark Sky community, Crestone is known for abundant sunshine, remarkable night skies, and a vibrant, close-knit community. Steps from cafes, restaurants, shops, galleries, parks, and events. Whether establishing your business, generating income, or creating a live/work lifestyle, the recent price adjustment makes this a standout downtown opportunity. Call for a private viewing today!
Lot FeaturesWooded, Abuts Public Open Space, Outbuildings, Paved, Gutters
Garage spaces2
ViewMountain(s), Hills, City
CITYCrestone
SUBDIVISIONn/a
COUNTYSaguache
AREAOut of Area
STATECO
TAX AMOUNT3303.0
LATEST UPDATE2026-04-27T19:58:52.296Z
DAYS ON MARKET82
PRICE CHANGE(S)
$394,000 Apr 27, 2026
$435,000 Apr 27, 2026
$450,000 Feb 6, 2026
Market Trends
New Properties On Market
17
Average Asking Price
$120,000
Average Asking Price / Sq. Ft.
$94
Average Days On Market
11
Data as of Apr 29, 2026.
Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Mar 31, 2026.
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