The Town of Montezuma is a Statutory Town located in eastern Summit County, Colorado, United States. The town population was 42 at U.S. Census 2000. The town is a former mining camp that sits at an elevation of 10,200 feet (3,110 m), just west of the Continental Divide, nestled among mountains that reach an elevation of 12,000-13,000 feet (3,700-4,000 m) around it. It is situated in the upper valley of the Snake River above the resort town of Keystone in the Rocky Mountains.
The town, which is named for Montezuma, the Emperor of the Aztecs, consists largely of historical buildings and houses lining unpaved streets at the end of the paved county road that ascends the Snake River from Keystone near the west side of Loveland Pass. The town sits in a high steep valley surrounded by forested peaks offering good access to higher national forest land destinations. The paved road up from Keystone leads mainly through national forest right up to the entrance of town, which is marked by a sign over the county road.