The Town of Montezuma is a statutory town located in eastern Summit County, Colorado, United States. The town population was 74 at 2020 United States Census. The town is a former mining camp that sits at an elevation of 10,200 feet, just west of the Continental Divide, nestled among mountains that reach an elevation of 12,000-13,000 feet around it. It is situated in the upper valley of the Snake River above the ski resort of Keystone in the Rocky Mountains.