Meridian Lake Park and Meridian Lake Meadows, collectively known as the Meridian Lake area, are located about one mile south and west of Mt. Crested Butte. The Meadows subdivision is newer, and the lots there are considerably larger than in the older area. Its location offers some of the most beautiful views of Crested Butte Mountain from anywhere in the valley. Just recently, the residents of Meridian Lake passed an issue to pave the county access road and the subdivision roads within the neighborhood. In addition, an upgraded utility system was installed, providing natural gas and cable television services.
The neighborhood consists largely of single family homes, with a few duplexes mixed in. There are still some undeveloped vacant lots in both subdivisions. Real Estate opportunities here are re-sales of single family homes, and vacant land homesites.