The Town of Crestone is a Statutory Town in Saguache County, Colorado. According to the 2020 United States Census, the town's population was 141. Crestone is located at the foot of the western slope of the Sangre de Cristo Range, in the northern part of the San Luis Valley. Crestone was platted in 1880 by George Adams, owner of the neighboring Luis Maria Baca Grant No. 4. In the 1970s, the Baca Grande land development was established on the lands of the Baca Grant to the south and west.