elk mountain real estate review 2011 volume 2 :: crested butte magazine

8
The Elk Mountain Real Estate Review the Real Estate & Building Market in the Upper Gunnison Valley Complimentary 30 Belleview Drive, Mt. Crested Butte Combining wonderful capacity with the finest amenities and a spectacular location, 30 Belleview Drive offers the perfect ski home for the entire family. Watch skiers cruise down Mt. Crested Butte. Better yet, ski into your own home! Take in the panoramic views from each of the five decks. This property offers ample room for all generations: three living levels, each with its own family room, wet bar and laundry; dining areas will seat 18 comfortably. The master suite and study are conveniently located on the main/entry level. Others will love the lower-level bunkroom, which walks out onto grade and into unobstructed views of Mt. Whetstone. Relax in the living room with its soaring ceilings, fantastic reclaimed trusses and spectacular views of the Mt. CB ski area. Or, kick back in the family room adorned with custom cabinets and bookshelves. In the evening, adjourn to the lower-level media room, with its arched windows and large cherry wet bar. Celebrate the holidays. Foster tradition. Enjoy the perfect home for your whole family. This Featured Property is brought to you by the Crested Butte Mountain Resort Real Estate Office. See their ads on pages 2 and 4. Feb. 3, 2011 ~ March 2, 2011 Vol. 1 / No. 2 Notable Details: 7 bedrooms, 7 full bathrooms + 1 powder room 6,161 finished sq. ft. + 756 sq. ft. garage + 5 decks + attic 3 living levels, each complete with its own large living area, wet bar, refrigeration and laundry Master suite and study on main/entry level Gourmet kitchen; dining areas seat 18 or more; 4 dishwashers Fantastic location: Ski in; close to free shuttle or walk to the base area Breathtaking views from every direction Complete landscaping with 7-zone irrigation system Gorgeous custom finishes; state-of-the-art LiteTouch lighting controls, security system and AV wiring Heated garage apron, entry porch; electric roof heat Extensive stonework inside & out

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Elk Mountain Real Estate Review and Preview Volume 2, 2011 Crested Butte Magazine

TRANSCRIPT

The Elk MountainReal Estate Review

the Real Estate & Building Market in the Upper Gunnison Valley

Complimentary

30 Belleview Drive, Mt. Crested Butte

Combining wonderful capacity with the finest amenities and a spectacular location, 30 Belleview Drive offers the perfect ski home for the entire family. Watch skiers cruise down Mt. Crested Butte. Better yet, ski into your own home! Take in the panoramic views from each of the five decks. This property offers ample room for all generations: three living levels, each with its own family room, wet bar and laundry; dining areas will seat 18 comfortably. The master suite and study are conveniently located on the main/entry level. Others will love the lower-level bunkroom, which walks out onto grade and into unobstructed views of Mt. Whetstone. Relax in the living room with its soaring ceilings, fantastic reclaimed trusses and spectacular views of the Mt. CB ski area. Or, kick back in the family room adorned with custom cabinets and bookshelves. In the evening, adjourn to the lower-level media room, with its arched windows and large cherry wet bar. Celebrate the holidays. Foster tradition. Enjoy the perfect home for your whole family.

ThisFeaturedPropertyisbroughttoyoubytheCrestedButteMountainResortRealEstateOffice.Seetheiradsonpages2and4.

Feb. 3, 2011 ~ March 2, 2011Vol. 1 / No. 2

Notable Details:

• 7bedrooms,7fullbathrooms+1powderroom

• 6,161finishedsq.ft.+756sq.ft.garage+5decks+attic

• 3livinglevels,eachcompletewithitsownlargelivingarea,wetbar,

refrigerationandlaundry

• Mastersuiteandstudyonmain/entrylevel

• Gourmetkitchen;diningareasseat18ormore;4dishwashers

• Fantasticlocation:Skiin;closetofreeshuttleorwalktothebasearea

• Breathtakingviewsfromeverydirection

• Completelandscapingwith7-zoneirrigationsystem

• Gorgeouscustomfinishes;state-of-the-artLiteTouchlightingcontrols,

securitysystemandAVwiring

• Heatedgarageapron,entryporch;electricroofheat

• Extensivestoneworkinside&out

Overthelastthreeyears,wehaveallwatchedasrealestatemarketvaluesdeclinedinnearlyeverymarket across the country. Headlines reportingandpredictingdoom-and-gloomscenariosabouteverything from unemployment to foreclosureshavecontributed toanoverall lackofconsumerconfidence. Despite these headlines, the slowreturn to stability in many real estate marketshasbeenledbyindividualswhohaveseen-andtakenadvantageof–opportunities in realestatemarkets such as Crested Butte. In many cases,these individuals arefinding significantbargainswithbank-ownedproperties. Institutional lenders are not in the propertymanagement business. When a lender takespossession of a foreclosed property, it sees riskin all its forms: the unknown condition of theproperty, tenants, prior owners, trespassers, andevenwinterweatherpresentadditionalcostsandrisksforthenewabsenteeowner.Inanefforttomanagethisrisk,thenewownersattempttosellthepropertyinshortorder–frequentlyleadingtosignificantdiscountsinpriceandfinancialincentivesforaquickclosing. In return for receiving these benefits, a prospective buyer will be facedwithamorecomplexrealestatetransaction.Forinstance,theabsenteeownerwillrequirethatthebuyersignatleastonelengthycontractaddendum,anda number of other shorter addendums. In the face of this additional (andsometimesintimidating)paperwork,buyersmayshyawayfrombank-ownedproperties.This can lead tomissedopportunities. Sincea foreclosing lenderhasabsolutelynoknowledgeaboutaproperty,itattemptstocontrolitsriskofunknowndefectsandotherpotentialproblemswithapropertythroughacontract.Thisconceptisthereasonthatthebuyerisfacedwithnon-traditional

documentsinabank-ownedpropertysale. Recent transaction activity in Crested Butteand Mt. Crested Butte shows that bank-ownedproperties significantly affect our real estatemarket, and present buyers with significantpurchasingopportunities.Inthepastsixmonths,closed transactions involving bank-ownedproperties represent nearly 32% of overall salesactivity. This activity accounted for over $8.5million dollars in sales volume, or just over23% of total dollars in sales volume. In thesetransactions, buyers of bank-owned propertiespaidnearly28%lesspersquarefoot(onaverage)fortheirproperties–aclearindicationthatbank-owned properties represent significant value inthe current real estate market. This calculationdoesnotfactorinotherpotentialincentivesfromlender/owners, such as contribution towardsclosingcosts,whichmaymakethetruediscountforbank-ownedpropertiesevenlarger.

While there are additional steps and considerations required whenpurchasingthesetypesofproperties,itcanstillbeaneasy,safeandprofitabletransactionforthebuyer.Withassistancefromyourrealestatebroker,youcanensurethatyouperformthenecessaryduediligenceregardingthepropertyanditsvalue.. Innearlyeverycase,theadditionalpaperworkandcomplexitiesofthesetransactions can be handled for a very reasonable cost, leaving the buyerwithabargainpurchaseinahighly-desirablemarket.Thevalueisthereforthosewhoarewillingtoinvesttheeffortrequiredtomanagetheadditionalrisks and complexities. Successfully navigating this process will lead youto capitalize on the valuable opportunities that exist in our market today.— Aaron J. Huckstep, JD, CPA

The Elk Mountain Real Estate Review,itscontentsandappearanceareallregisteredtrademarksofCrestedButtePublishingandCreative.Allrightsreserved,copyright2011.ForgeneralquestionsorinformationcontactChrisHannaat970.349.7511orchris@cpcsolutions.com.

ForadvertisingopportunitiescontactMJVosburgat970.349.6211ormj@crestedbuttemagazine.com.

RESORT REAL ESTATECRESTED BUTTE

Now AcceptiNg New ListiNgs!crested Butte Resort Real estate has a proven track record of selling luxury real estate through strategic marketing and

astute pricing. we can now use our proven strategy for you too. Visit our office in the courtyard of Mountaineer square.(970)349-4999 cbliving.com [email protected]

The Lodge 406 - MT. CresTed BuTTe

3-Bed/3-BaTh/1,997 sQ. FT.

The lowest priced three bedroom in The Lodge. It provides great sun, a view of the peak from the balcony as well as an upgraded furniture package and high end finishes throughout. Enjoy all the fine amenities of living in the heart of the base village. $995,000

The Lodge 605 - MT. CresTed BuTTe

3-Bed/3-BaTh/2,214 sQ. FT.

Combining one of the best views of Mt. Crested Butte with an upgraded furniture package and luxury finishes throughout; this spacious condominium is located in the heart of the base village. Inspired by its dramatic mountain setting, you will feel right at home in this turn-key slopeside residence. $1,519,000

21 WinTerseT - MT. CresTed BuTTe

4-Bed/3-BaTh/2,519 sQ. FT. 21 Winterset is not only aggressively priced but offers a new home with high-quality construction, fine craftsmanship, custom woodwork, recycled beams and incredible views. Walk to the Homeowner’s Trail from the Goldlink lift for your first run of the day. $959,000

The Lodge 218 - MT. CresTed BuTTe

sTudio/1-BaTh/445 sQ. FT.

The opportunity for turn-key living in Colorado’s last great ski town. Owners have access to lavish amenities: underground parking, ski valet, swimming pool, fitness center & concierge services. Contact us to get in touch with property management for an understanding of rental history. $155,000

Built for a family with a modern pioneer spirit that loves Crested Butte. This mountain retreat embraces the character of our rich mining heritage and brings it up to date with the benefit of innovative architectural and environmental design. It sets a bold new standard for progressive building practices and mountain-friendly sustainable development.

Framed by the Gunnison National Forest, the Tipple House commands breathtaking views of the East River Valley and Elk Mountains. Featured in Mountain Living, New York Times, USA Today and Colorado Homes & Lifestyle. Offered as a short sale. $2,950,000under ConTraCT

TippLe house - MT. CresTed BuTTe - prospeCT neighBorhood4-Bed/4-BaTh/2-poWder/4,999 sQ. FT. ski-in/ski-ouT

cALL foR MoRe iNfoRMAtioN (970)349-4999All properties offered by Bo stambaugh.

~ The Elk Mountain Real Estate Review ~

SEEKING OPPORTUNITIES, MANAGING RISK

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$0

$50

$100

$150

$200

$250

$300

Value Per Square FootAugust 17, 2010, through January 17, 2010.

Price/Square FootNon-Bank-owned

Price/Square FootBank-owned

$201(28%Less)

$279

This data was calculated based on closed sales in the Crested Butte/Mt. Crested Butte area, including Crested Butte South, from the time period

August 17, 2010, through January 17, 2010.

215 Elk Avenue • (970)349-5007

Premier Crested Butte residenCe

This one-of-a-kind home, located at the end of the best street in the coveted west end of Crested Butte, on 4 lots, is not your average “stick-built” house. It is like a luxurious fortress with 8” thick concrete walls on the lower level and 8” log walls above. Every detail has been addressed. It has formal & informal living areas, gym, billiards room, media room, solid oak cabinetry, marble & granite, 3 heated garages, a hillside deck & more! Offered with some furnishings, this home is ready to move into & enjoy.

Molly Eldridge ~ 970.209.4234mollyincrestedbutte.com

Maggie Dethloff ~ 970.209.7880CrestedButteNow.com

unBeLieVABLe LOG HOme

Hand-crafted log home surrounded by majestic mountain vistas! This 5-bedroom home is constructed with hand-hewn Engleman Spruce logs and enjoys all the fine finishes your mountain home deserves. The spacious open floor plan includes a gourmet kitchen, a great room with a wood-burning rock fireplace, a generous dining room and spectacular mountain views out of each window. Large bonus/family room above the over-sized two car garage.

A unique Crested Butte COmmerCiAL PrOPerty

This modern facility, located in the historic Town of Crested Butte, provides the discriminating buyer with a prime location and a variety of different business options. Currently the property is being run as a Hostel with the only Public Laundry facility in town. A large great room with a river rock fireplace dominates the first floor along with a dining area, guest kitchen and fully-equipped commercial kitchen. 13 lodge rooms and 2 - 2 bedroom apartments occupy the second and third floors. Excellent opportunity for an interested entrepreneur. Offered for $ 1,595,000

Doug Kroft ~ 970.209.0373Owner/Broker

DougKroft.com

Big Picture & Practical guidance.Get the

This is the perfect time for BUYERS to explore real estate. These trusted names in Crested Butte KNOW THE MARKET & WILL PROVIDE you with UP-TO-DATE information. To navigate our complex market of distressed properties & tricky financing options, our KNOWLEDGE & EXPERIENCE will guide & serve you well!

© 2010. An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

WestWall lodge Penthouse Furnished Penthouse residence in the most coveted ski-in/ski-out lodging facility on the mountain. Spacious 2,563 sq. ft. 3 bedroom offering a unique floor plan and upgrades, including hardwood floors throughout and featuring vaulted ceilings, a natural gas rock fireplace and a grand balcony with a spectacular view of The Peak. $1,475,000

In-toWn lIvIng at Its FInest

Quintessential Crested Butte townhome offering gorgeous high-end finishes, including reclaimed wood floors, alder cabinets and granite countertops. This furnished three bedroom offers lots of warmth and light, as well as a fenced-in yard and garage. Just a walk away to all the conveniences of town.$525,000

BuIld YouR dReaM hoMe

Take advantage of incredible prices on land to build your dream home in the mountains. From $49,900 for a home site in CB South to $950,000 for a premier 1.24 acre ski-in/ski-out Prospect lot. Or enjoy spectacular views from the Skyland golf course neighborhood for a low $149,500, or in Overlook bordering National Forest at $250,000.

Renovated hoMe In toWn

Luxury 1882 home completely renovated in ‘05. This creek-side residence features an attached one-car garage and sits just 1/2 block from Elk Avenue, gourmet restaurants, shopping, and the free shuttle. A true mountain masterpiece offered furnished and turn-key with all that Crested Butte has to offer just outside the front door. $849,000

sloPesIde thRee BedRooM Ski-in/ski-out living at an incredible price!

Enjoy the convenience of this recently

remodeled residence in the highly desirable

Gateway complex. Offering tremendous

views, easy access to the mountain shuttle,

and a short walk to the base village. Finishes

include wood floors, granite countertops,

stainless appliances, and a new stone fireplace.

$499,000

CustoM FouR BedRooM hoMe

Gorgeous residence in an unbeatable location within Buckhorn Ranch. This 4 bedroom also features an office, laundry room and attached garage. Finishes include slate tile and distressed pine floors with knotty alder cabinets, doors and trim. Stay toasty with in-floor radiant heat, a natural gas fireplace, and abundant passive solar. $615,000

daRCI gIllesPIe

CRS.MRE.GRI.SRS.RSPS.SFR.ePRO. www.CrestedButteHomeSearch.com

[email protected]

2009 BoaRd RealtoR oF the YeaR2008-09 BoaRd PResIdent

PRudentIal toP PRoduCeR

Search the entire MLS at www.CrestedButteHomeSearch.com

Personal & Professional serviceFor all Your Crested Butte Real estate needs.

- 3 -

30 Belleview Drive, Mt. CresteD Butte(Please see ad on front cover)

RESORT REAL ESTATECRESTED BUTTE

FroM CaBins to Castles, HelPing Buyers anD sellers FinD

tHeir true ConneCtions.

eric “trip” CunninghamBroker associate

www.cbliving.como: 970-349-4995

[email protected] near the base area in

the lodge at Mountaineer square

Erin DEllaportaBroker Associatec: 970.901.1440o: 970.349.6691

[email protected]

© 2010. An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

Short Sale & Foreclosure Resource - SFRResort & Second Home Property Specialist - RSPSNAR Green Designee, e-Pro - OBA/OSA Certified

View the Crested Butte/Gunnison MLS atwww.realEstate-CrestedButte.com

Honesty, Integrity, Experience

970-349-53134th & Elk • Downtown Crested Butte

Contact me or Visit my website to get your copy of the current

Crested Butte Real Estate Market Report – 2010 in Review

www.chriskopf.com

An Immaculate Dan Murphy Designed home with over 4,500 square feet living space on 38 beautiful acres in Trappers Crossing at Wildcat. A Great Value and a Must See!ReDuCeD To $1,395,000. MLS #32318

Adjacent Lots 13 & 25, Trappers Crossing at Wildcat (over 70 Acres). $295,000 each, or Both for $590,000. MLS #32212

Ski-in/Ski-out furnished 3 Bedroom, 3 Bath Columbine Condo with large coveted garage. $695,000, MLS #31706

ChRIS KopfBroker AssociateColdwell Banker Bighorn Realty(970) [email protected]

Ready to Earn Your BusinessFaith, Integrity and Hard Work.Call Me Todayto Discuss Your Real Estate Needs.

Each Office is Independantly Owned and Operated

Gorgeous Log home & Guest house on 35 Acres sleeps 18 comfortably, includes four car heated garage for all your mountain gear and toys. Great view of Mt. CB, and only 4 minutes from town on Kebler pass Road. Trappers Crossing at CB.offeReD AT $3,750,000. MLS #32766

See the Big Picture (and all the details) of the Crested Butte Real Estate Market

feature

d List

ing

- 4 -

MarkyourcalendarsforAugust20ththroughthe 24th, when the long and storied historyof road cycling in the Gunnison Valley willcomebacktolife.TheQuiznosProChallengeprofessional road cycling race returns toCrestedButte,Mt.CrestedButteandGunnisonon August 23rd and 24th, 2011. The race,dubbedAmerica’sProTourbyraceorganizers,willshowcaseColoradothroughsevenstagesofgruelingracingthatwillchallengemorethan120international and national cycling superstars.OnAugust23rd,theraceisscheduledtostartin Salida, winding its way over Monarch PassandthroughGunnison,thenheadupHighway

135toCrestedButte,whereriderswillexperiencethemagnificentviewsweallhavecometolove.AfteratripdownElkAvenue,theriderswillfaceanothertestastheyraceuptoMt.CrestedButte,finishingnearthebaseareaofCrestedButteMountainResort.Throughitall,ourlittlevalleywillbeshowcasedonaninternationalscale. AfterthefinishinMt.CrestedButteandanightofrest,theracerswillstartthenextdays’stageinGunnisonandmaketheirwaytoAspenoverCottonwoodPassinwhatissuretobethemostgruelingstageoftherace. Thisevent–thefirstofitskindinColoradoinmanyyears–hasalreadygeneratedsignificantbuzzthroughoutthecyclingcommunityhereandacrosstheworld.Weareexpectingtohostasignificantnumberofvisitorsbeginningtheweekendbeforetherace(August20-21).InadditiontoenjoyingthenaturalbeautyofCrestedButteandbeingapartofcyclinghistoryinColorado,visitorswill be entertained by a number of events taking place in conjunction withtherace–andno,youdonothavetobeacyclisttoparticipate!Asamplingof possibilities includes a Townie Criterium, Strider races for children, andmountainbikingwithmembersoftheMountainBikeHallofFame. Oursmallcommunityhasrespondedtothiseventwithagreatamountofenthusiasmandexcitement.Morethan20individualshaveagreedtobeapartofourLocalOrganizingCommittee,andrace-dayvolunteersalreadynumbernearly 100. Make sure to set aside time in your summer planning to visitCrestedButtenextAugust20ththroughthe24th,andmakeyourreservationssoon!Anddon’tforgetyourcostumes,especiallyforCottonwoodPassthedayaftertheCrestedButtefinish!

America’s Pro TourComing to Crested Butte

[email protected]

Downtown Crested Butte211 Elk Avenue ~ Crested Butte, CO 81224

[email protected]

Slopeside in Mall at Crested Mountain VillageMt. Crested Butte’s only Ski-In / Ski-Out Real Estate Office

www.CBProperty.com

© 2010. An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

20 ruby drive, Mt. Crested butte

Beautiful 5BD/3.5BA home with

apartment on a quiet street. Custom

window coverings, steam shower, granite

counter tops, built-in vacuum system,

and partially heated driveway. Dalynn

Trujillo, 970.596.3397

$895,000

2 silver lane, Mt. Crested butte

Quality Scott Hargrove built 5BD/4.5 BA

home in Gold Link Subdivision. Located

just a short walk to ski in / ski out, this home

features a separate living room and family

room with two wet bars, mature landscaping

and a 2-car garage. Charlie Farnan or Joel

Vosburg, 970.349-6692. $1,195,000

9b villas, Mt. Crested butte

Excellent views of Crested Butte Mountain

from this tastefully furnished townhome.

Four BD/4.5BA including 2 master suites.

High-end appliances, 2 gas fireplaces, 2

covered decks, luxurious new carpeting,

and a 1-car garage. Short walk to the ski lifts.

Karen Allen, 970.209.2668 $725,000

466 Chinook trail, Gunnison

Beautiful 3BD/3BA home on 2-acres with

Clarke Stream creek frontage. In-floor heat

throughout, granite and travertine counter

tops, knotty alder cabinets, doors and trim

and an oversized garage. Lisa Lenander,

970.209.1603.

$896,600

b307 tiMberline Condos, Mt. Crested butte

Fabulous top floor condo! Spacious main

floor bedroom with vaulted ceilings and large

closet. Loft area with its own bathroom for

an office or extra bedroom. Covered balcony

and wood burning fireplace. Convenient

location close to ski area and bus route. Jesse

Ebner, 970.901.2922 $89,500

63 birdie Way, skyland

This lovely 3 BD/3.5 BA home offers a 2

car garage and is in excellent condition.

Having been well maintained by the original

owners, it is beautifully decorated and comes

furnished. It is located in a quiet area and

has fantastic views of Whetstone Mountain.

Contact Dalynn Trujillo, 970.596.3397

$598,500

3 blaCk diaMond trail, Mt. Crested butte

Priceless views with an exceptional floor

plan made up of 5,763 square ft, which

includes a phenomenal kitchen, a recreation

room with a full bar and stone wine

cellar. Each bedroom has its own en suite

bathroom. Darci Gillespie or Karen Allen,

970.596.4958 / 970.209.2668. $2,750,000

lot 7, MCCorMiCk ranCh, doWntoWn Crested butte

This 35+ acre site offers unobstructed views

of the surrounding mountains and a large

pond. Slate River runs through providing

exclusive fishing rights. Direct access to

hiking and Nordic ski trails. Steps away

from the historic town of Crested Butte. Meg

Brethauer, 970.209.1210. $2,650,000

1 ridGe lane, Mt. Crested butte

Three BD/3.5 BA home offers unsurpassed

views of Slate River Valley, Crested Butte

and Paradise Divide. Living room features

cathedral ceilings, log beams and tall windows

overlooking deck and views. Media/game

room, study, Master & 2 guest suites, custom

cabinetry, two fireplaces, hardwood & tile

floors and granite countertops. Karen Allen,

970.209.2668. $1,650,000

3 stetson PlaCe, Mt. Crested butte

Quality constructed home in prestigious

Wildhorse at Prospect. Four BD/4.5 BA,

home loaded with extras such as a gas

fireplace, in-floor radiant heat, stainless

steel appliances, granite countertops,

hardwood floors, vaulted ceilings and a

2-car-garage. Gorgeous views from the

covered deck. Linda Pitt, 970.901.1047

$699,000

29 aPPaloosa road, Mt. Crested butte

Premier ski home community, Wildhorse

at Prospect. This 4 BD/4.5 BA home offers

great views, vaulted ceilings, hardwood

floors, stainless appliances, granite and tile

finishes, in-floor heat, media/bonus room

and 2-car garage. Walk to the Gold Link and

Prospect lifts. Karen Allen, 970.209.2668

$1,150,000

714 & 716 Maroon, Crested butte

Very efficient green construction. Townhome

style duplexes feature innovative floor plans,

enclosed heated one car garages and quality

finishes. Excellent quiet locations close to

the Crested Butte town parks.

1,200 sq ft, 2 BD/2.5 BA $595,000

1,600 sq ft, 3 BD/3 BA $795,000

Joel Vosburg, 970.209.1581

900 east river lane, alMont

Well-maintained 3BD/2 BA log home on

over 2-ac. Mature cottonwoods and willows

and a manicured lawn. Located halfway

between Crested Butte and Gunnison.

Kitchen and upper deck offer expansive

views of the Almont Triangle. Possible

to add a 2nd residence. Erin Dellaporta,

970.901.1440 Short Sale: $339,000

hoMe sites at ProsPeCt, Mt. Crested butte

With spectacular views from their sun-

drenched slopes, these ski in / ski out home

sites represent the crown jewel of mountain

living.

C-2: $215,900 D-6: $895,000

C-26 $545,900 D-3: $1,395,000

C-36 $850,000 D-18: $1,495,000

Charlie Farnan or Joel Vosburg, 970.349.6692.

For more information call or visit us online.

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2010

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Getting to Crested Butte is Easy! Year-rounddailyflightsareprovidedonUnitedExpressfromDenverInternationalAirporttoGunnison-CrestedButteRegionalAirport.Thereare additional United flights in winter along with two daily non-stopflightsfromDallas-FortWorth(DFW)onAmericanAirlines.Newthiscoming winter will be one daily non-stop flight from Houston (IAH)on Continental Airlines. The flight schedules are subject to change.We recommend you always check with the airline to confirm currentschedules. Also consider flying into Montrose Colorado. Montrose RegionalAirport(MTJ)islocated68mileswestofGunnisonandisaneasydrivetoCrestedButte.ShuttleservicetoCresteButtefromMontroseisalsoavailablefromAlpineExpress,callaheadtoarrangeyourpickup1-800-822-4844. United Airlines serves Montrose all year long, while DeltaAirlines, Continental Airlines, and American Airlines serve Montroseduringthewintermonths.

- 6 -- 7 -

Providing legal expertise to both you and your brokerto ensure your investment is sound.

Extensive experience with distressed property transactionsand real estate finance.

Aaron Huckstep ~ JD, CPAwww.hucksteplaw.com • [email protected] • 970-349-2009

Downtown Crested Butte970.349.6691 • 211 Elk Avenue • Crested Butte, CO 81224

“Jesse Ebner is responsive, energetic and motivated. We found her to be genuinely honest and thoroughly knowledgeable about the real estate market. We highly

recommend Jesse as an outstanding REALTOR®.”—The Oliver’s

Jesse ebnerBroker Associate

OSA and OBA Certified970.901.2922

[email protected]

© 2010. An independently owned and operated member of Prudential Real Estate Affiliates, Inc.

Johnny Biggers / General Contractor970-349-5990

[email protected] 3rd Street, Suite E

Crested Butte, CO 812241880’s Cabin Restoration | Maroon Avenue, Crested ButtePhot

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A Professional Custom Home, Remodel and HistoricRenovation Company

$2,872,500Most expensive hoMesold in Mt. CB in 2009

$2,037,500Most expensive hoMesold in CB in 2009

$1,500,000Most expensive hoMesold in CB in 2010

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[email protected]

Slopeside in Mall at Crested Mountain VillageMt. Crested Butte’s only Ski-In / Ski-Out Real Estate Office

15 Buttercup Lane, Mt. crested Butte

The “Premier” location on the top of

Sunlight Ridge. Incredible wrap around

views of Crested Butte Mountain and

the entire Crested Butte Valley. Property

features include: 2 living areas including

family room/bar, billard room, large

sun decks, four fireplaces, huge master

suite and two car heated garage. $1,399,900

unit #3 siLver ridge, Mt. crested Butte

Enjoy direct Ski in - Ski-out access from

this stunning, luxury residence on the

mountain. Take your skis off at the porch

and walk into the living room. This ski

townhome features 3 bedrooms, 3 full

baths and one powder room. A private

elevator serves all four levels and the two

car garage $950,000

crested Mountain, c-1 Mt. crested Butte

Direct Ski-in Ski-out location. This 3 bedroom

2.5 bath unit is completely upgraded with all the

extras including granite counter tops, stainless

appliances and new cabinets in the kitchen. All

new designer furniture and accessory packages.

Base area location offers walking distance to all

the shops and restaurants. Includes a private

detached one car garage. $975,000

31 goLd Link drive, Mt. crested Butte

Prime “Top Corner” location in Gold

Link subdivision. This setting offers the

best views and direct ski in -ski out

access to the Homeowner’s trail and

the Gold Link lift. 4,266 square feet of

living area, heated double car garage, 3

bedrooms plus an office/bedroom and 4

bathrooms. $2,095,000

15 anthracite, Mt. crested Butte

This 4-bedroom 3-bath home is located

on an elevated site surrounded by an

Aspen tree forest. Amazing views through

the trees make this private location an

excellent value on the mountain. Includes

a 2 car garage and outdoor hot-tub on the

deck. Top line appliances. $715,000

#3 goLf viLLas, skyLand suBdivision

Fully furnished 3-bedroom, 3-bath

residence in the Golf Villas complex

located across the street from the

Clubhouse at the Club at Crested Butte.

Extensive renovations including complete

new kitchen. Designer furniture package

included. 1,308 square feet of finished

living area plus a spacious attached garage.

$395,000

722 prospect, Mt. crested Butte

This is the ultimate Ski in - Ski out mountain home. New construction with master suite on main level, 2 junior master suites, separate living areas with full bar and game room, large exterior hot tub, 3 fireplaces, sauna, ski access room, heated entry and driveway apron with oversized heated 2 car garage. $5,995,000

25 waLking deer, prospect Mt. crested Butte

Ski-in Ski-out of this furnished 5 bedroom

custom home with unobstructed views

of the East River Valley. Each room is

carefully designed to showcase the views,

wood beams, floors and rock fireplaces.

Contains top of the line systems, custom

kitchen, media room, hot tub and cell

phone repeater. Unmatched views and

setting in Prospect. $4,950,000

157 w siLver sage drive, ruraL crested Butte

Amazing location overlooking the entire

Slate river Valley with unobstructed views.

This is your dream home on the river close

to Crested Butte. Building site extends

to the middle of the river and includes

fishing rights throughout the subdivision.

Gourmet kitchen, elaborate master suite,

cherry wood cabinets and Australian

Cyprus wood floors. $1,780,000

MountainOffice.com

Buttes condoMiniuMs, Mt. crested Butte

Excellent ski-in ski-out complex. Quality

condominiums with lots of upgrades and

near new interiors. Common outdoor hot

tub with fabulous views.

Unit 518 2 Bdrm / 2 Bath $335,000

Unit 513 3 Bdrm / 3 Bath $419,900

Unit 514 3 Bdrm / 3 Bath $479,000

181 fairway drive, skyLand suBdivision

This custom timber frame home is located

on the 8th green with the premier view

of Mt. Crested Butte and Paradise Divide.

Features include wood beams, main level

master suite, 3 guest bedrooms, 2 living

areas with wood burning fireplaces, stainless

steel kitchen appliances, large deck for

entertaining, beautifully landscaped yard

and a 2 car garage. $1,697,000

188 BetheL road, sMith hiLL ranches

Enjoy 35 acres of privacy within 10 minutes

of the ski area and town. The house/guest

house are constructed with 100 year old

custom reclaimed logs and feature over

6,900 square feet of living space. The

great room features reclaimed wood floors

a massive rock fireplace and a wall of

windows showcasing the view of Long

Lake. $4,750,000

pLaza condoMiniuMs, Mt. crested Butte

Great complex close to the slopes. Amenities

include: two elevators, indoor and outdoor

hot tub, steam room, sauna, on site restaurant,

tennis courts and covered parking garage.

Unit 431 & 435 2 Bdrm / 2 Bath $375,000

Unit 233 & 234 3 Bdrm / 3 Bath $420,000

Unit 133 3 Bdrm / 3 Bath $475,000

outrun condoMiniuMs, Mt. crested Butte

Complete exterior renovation including new

garage doors, roof and rock accents. Excellent

one level floor plan with 3 bedrooms, 2

baths. Fully furnished units including one-car

garage. Located on the shuttle bus loop or

short walk to the base area.

Unit C-1, $295,000 / Unit M-4 $430,000

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Charlie & Joel ~ The Mountain Office Team