OWNER FINANCING AVAILABLE. Contact Listing Agent for Terms.
Rare Crestone Compound Opportunity: Retreat, Residence, Studio, or Investment
Opportunities of this scale and flexibility are rare in Crestone. Located on a quiet cul-de-sac off a paved road, this unique offering combines privacy, versatility, and expansion potential in one of Colorado's most inspiring mountain communities.
Surrounded by mature juniper, pinon, and lodgepole pine, the property offers a peaceful setting ideal for a private retreat, wellness center, artist's studio, event venue, multigenerational living, or live-work compound. The property at 1689 Columbine includes a Special Use Permit that transfers to the new owner.
The centerpiece is a 2,440-square-foot post-and-beam structure featuring soaring ceilings, abundant natural light, and an open floor plan ideal for yoga, meditation, workshops, gatherings, creative pursuits, or residential conversion. Amenities include a spacious kitchen, two bathrooms, laundry area, sunroom, and a mix of private and loft-style accommodations.
Included in the sale is neighboring 1691 Columbine, a 2,052-square-foot home with four bedrooms, three bathrooms, a permanent foundation, and county-recognized purged status. The thoughtful layout includes a private primary suite and three additional bedrooms with direct outdoor access. Also included is the adjoining 1.03-acre lot at 1693 Columbine.
Together, the three parcels total approximately 3.78 acres, creating a rare opportunity for a retreat center, wellness campus, family compound, rental investment, or private mountain sanctuary.
Property is being sold as-is. Seller will make no repairs or concessions. 1689 has a special use permit through the county that transfers to the new owner.
COMMUNITY FEATURESTennis Court(s), Playground, Park, Trail(s)
HOA1
TAX AMOUNT6101.0
HOA FEE690.0
HOA FREQUENCYAnnually
LATEST UPDATE2026-06-01T22:21:57.188Z
DAYS ON MARKET1
PRICE CHANGE(S)
$625,000 Jun 1, 2026
Market Trends
New Properties On Market
27
69%
Increase In New Listings
Average Asking Price
$184,626
$77,674 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$108
$50 Decrease In List Price/Sq. Ft.
Average Days On Market
2
15 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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