The Crested Butte Connoisseur December 2013

Offer on the table to purchase CBMR mountain operations

Hello everyone and welcome to another edition of The Crested Butte Connoisseur. Winter has arrived in full force as numerous storms have deposited over 83" of the fresh, fluffy powder creating a base of 46" so early in the season. Paradise Bowl, East River and the Silver Queen lift are all open. So make your travel plans now as this season is off to a better start than we have seen in years.

Spend Christmas in Crested Butte for $999 - SkiCB.com
Holiday Special - 50% off second night - SkiCB.com
Crested Butte lift ticket deals - Liftopia.com

I'm sure some of you have heard that there is an offer is on the table to purchase the CBMR mountain operations and development land from the Mueller's. The rumor is that Intrawest who owns Steamboat, Winterpark, among others, has made a bid along with partner Chris Maguire with SRS Real Estate Partners. Links to a few articles below. If history has any relevance to the present then prices will spike sharply upon release of a deal being completed. I'll keep you abreast of any solid news as it becomes available.

Group makes serious run at CBMR purchase - Crested Butte News
Crested Butte ski operator Mueller discussing sale of operations - The Denver Post
Tom Ross: News of Intrawest's IPO plans and Crested Butte suitor closely timed - Steamboat Today

Mt. Crested Butte Performing Arts Center Fund Raising Almost Finished

Time is running out for the "3 in '13" community match campaign for the Mt. Crested Butte Performing Arts Center (MCBPAC). $1.25mil still needs to be raised by the end of the year to finalize this amazing project. MCBPAC will fulfill a vision for the future as a symbol of culture, education and achievement for the Gunnison Valley and provide our base area with an economic driving force for future development. Please click here for more information and to make a donation.

Real Estate Market Update

Real estate sales from January 1, 2013 represent an astounding 58% increase over the same period last year. $126,093,712 worth of single-family homes and condos in the upper valley have sold encompassing 257 transactions. 27 of which were over $1mil including five properties over $2mil. We still have another 18 properties under contract totaling $9,457,600. For more detailed numbers through the 3rd quarter click the link below.

Click here for Benson Sotheby's 3rd Quarter Report

Land sales have increased only 12% (a 7% drop from last month) over the same period last year as the arrival of winter has slowed sales. $12,490,136 comprised of 61 transactions have closed year to date. Another 8 parcels are under contract totaling $1,992,500.

Calendar of Local Events

Click Here for Upcoming Area Events

Exclusive Property of the Month

12 Gold Link Drive - Mt. Crested Butte

Beautifully finished single story home in the ultra convenient Gold Link neighborhood on Mt. Crested Butte. Easy ski access just down the street to the Gold Link ski lift. Commanding views surround this well built home and the open floor plan and vaulted ceilings make this residence perfect for entertaining. Viking Professional stove, griddle, double convection oven and wok. Full alarm system and heated walkway and garage entry keep you safe and secure as you escape to your perfect Colorado mountain home on nearly 3/4 of an acre.

4 Bedrooms, 3 Full Baths, 2,757 Square Feet, .69 Acres
Offered for $1,250,000

12 Gold Link Drive - Living Room

12 Gold Link Drive - Kitchen

12 Gold Link - Master Bedroom

Crested Butte in the News

Top 25 Resorts in the World - Crested Butte #7 - SnowAddiction.org
World's 25 Best Ski Towns - Crested Butte #8 - National Geographic
First Timers Guide: Crested Butte - 5280
Scarp Ridge Lodge - Materialicious.com
Fallen Warrior, Colorado's Liam Nevins, given hero's farewell - The Denver Post
United Airlines adds routes and flights to US ski destinations - ColoradoDaily.com
Crested Butte: Ski deep and steep - EverettPotter.com
Resort towns see summer sales-tax revenues hit record levels - The Denver Post
2013-14 Colorado nordic skiing preview - Glide.com
Dogwood Dreams - YouTube.com
2014 USA Pro Challenge Professional Cycling Race - i-newswire.com
Explore Colorado: Crested Butte - Fox31 Denver
6 of the best ski towns you rpobably didn't know about - TheClymb.com

Featured Listings

Lot 7 - Summit - Mt. Crested Butte
Lot 7, Summit
Mt. Crested Butte
$299,000

329 Maroon Avenue - Crested Butte
329 Maroon Avenue
Town of Crested Butte
$1,095,000 - Call for details

665 Red Mountain Ranch Road - Rural Crested Butte
665 Red Mountain Ranch Road
Rural Crested Butte
$850,000

Local Business of the Month

Winter Photography Workshops Raynor Czerwinski Photography

Oh Be Joyful Gallery - 409 3rd Street - Downtown Crested Butte

Dawn Cohen - Colorful Buildings Spring
Dawn Cohen
Colorful Buildings Spring

Shaun Horne - Aspens and Lupins
Shaun Horne
Aspens and Lupins

Dawn Cohen - Poppy House
Dawn Cohen
Poppy House

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Featured Listings

625 Red Mountain Ranch Road - Rural Crested ButteCastlewood Estate
Rural Crested Butte
$4,995,000 - Reduced!822 Sopris Avenue - Crested Butte822 Sopris Avenue,
Crested Butte
$1,890,0003 Lapis Lane - Mt. Crested Butte
3 Lapis Lane
Mt. Crested Butte
$1,495,0001 Silver Lane - Mt. Crested Butte
1 Silver Lane
Mt. Crested Butte
$949,000
14 Hunter Hill Road, Unit A302 - Mt. Crested Butte14 Hunter Hill Road, Unit A302
Mt. Crested Butte - Ski In/Ski Out
$695,000
208 Black Bear Lodge9 Hunter Hill Road, Unit 208
Mt. Crested Butte
$550,000
504 Mountain Edge Condos11 Hunter Hill Road, Unit 504 & 506
Mt. Crested Butte
$235,000 & $219,000
The Dogwood Cocktail Cabin
The Dogwood Cocktail Cabin
Downtown Crested Butte
$899,000

The Collection Summer 2013