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Listed price in listed location currency (USD).
$419,900
$439,000

433

MLS® 2007933

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2412 sqft
Garage 
Taxes $1,904
Lot Size 
Approx. Age 1985
Avg. Price Per Sqft $182
MLS® Number 2007933

Property Address: 248 Silver Ave, Crestone, CO, 81131-5012

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number2007933
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1985
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Bonus Room:Main FloorNot available
Living Room:Main FloorNot available
Other:Upper LevelNot available
Other:Main FloorNot available
Other:Upper LevelNot available
Kitchen:Upper LevelNot available

Price History

Nov 10, 2025End Date
$419,900Sold Price

Sold

Sep 13, 2025List Date
$439,000List Price
  • Commute

Commute

Starting Address
Destination Address
248 Silver Ave, Crestone, CO

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