122 elk avenue. Downtown location, luxury penthouse condo upstairs plus three income producing commercial office units downstairs. The peaceful waters of coal creek create a tranquil oasis for this great property centrally located in town and near to crested butteâs fabulous restaurant, theatre and art gallery district. Completed in 2008, 122 elk avenue is a unique and special offering. Designed for the climate and a low maintenance, mountain lifestyle, the penthouse functions perfectly from season to season without all of the typical hassle and expense of maintaining a second home in the rocky mountains. Crested butte interior design firm, studio west, took every advantage of the homeâs awesome floor plan, outfitting each space with gorgeous furnishings and exquisite appointments including antique doors salvaged from the original penelopeâs restaurant located across the creek. Every room receives warm, southern light through windows wrapped in barn wood. At night, you will appreciate the well designed custom lighting package gracing every space, from the recessed leds and wall sconces to the incredible chandelier hanging by the fireplace. The separate, 3rd floor master suite offers dramatic mountain views, a jetted tub and a double vanity featuring copper sinks. Each of the three bedroom suites features their own attached bathroom and custom closets. A private alley dead-ends on the south side of the property, creating exclusive and buffered access to the 2-car heated garage. Head the other way on the alley and catch the free shuttle to other parts of crested butte and the ski resort.