Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-797-1810 Fax
www.CrestedButteForSale.com

September, 2011 Issue
The Crested Butte Real Estate and Community Newsletter Brought to you by Corey Dwan of Benson Sotheby’s International Realty With the arrival of cool, crisp days our beautiful valley is experiencing the beginning of the fall season. Yellow, gold and orange aspen leaves are beginning to appear as more and more summer visitors leave the valley to return home making this one of the best times of the year to visit. Historically, a very dry and cool time of the year, September holds many activities and events for you to experience along with the beautiful backdrop of the blanketed fall colors.  Crested Butte Market Update Real estate sales have continued dramatically with 134 sales of condos and single family homes in the upper valley now representing a 30% increase over the same period last year. It is evident with $57,108,553 in sales and another 41 transactions of over $22,000,000 more under contract that buyers are taking advantage of the substantial decrease in median list prices this year. Yet, it is also clear the affluent buyer that knows what they want are spending their disposable income as seen with nine high end homes in the towns of Crested Butte and Mt. Crested Butte that have sold and/or have gone under contract in the last month with an average price per square foot of $564! Land sales are on the rise as well with 21 transactions so far this year for a total of $2,984,800 representing a 38% increase over same period last year. Another $1,515,800 worth of land is currently under contract and due to close soon.	In This Issue: Real Estate Market Update CBMR Capital Improvements USA Pro Cycling Challenge Paragon People’s Fair Mt. CB Beer and Chili Festival Superfly 2011 Vinotok Oh Be Joyful Gallery Featured Listings Global Listings 329 Maroon Avenue, Crested Butte $1,595,000 821 Fern Creek Road, Creede $4,195,000 142 Larkspur Loop, Crested Butte $118,000 474 Deep Creek Road, Creede $1,595,000 309 Third Street, Crested Butte $985,000   651 Gothic Road, Unit 504E $209,000   Mt. Crested Butte Homes Mt. Crested Butte Condos Mt. Crested Butte Land Crested Butte Homes Crested Butte Condos Crested Butte Land Rural Crested Butte Homes Rural Crested Butte Condos Rural Crested Butte Land Crested Butte South Homes Crested Butte South Condos Crested Butte South Land Gunnison Area Homes Gunnison Area Condos Gunnison Area Land Global Real Estate Mountain Bike Trail Report Mt. Crested Butte Snow Report Mt. Crested Butte Ski Trail Report Crested Butte Weather Report Sign Up for my Newsletter
Unit 503 The Buttes, Mt. Crested Butte $299,000 38 Ruby Drive, Mt. Crested Butte $229,000 116 Whiterock Ave, Crested Butte $475,000
Crested Butte Mountain Resort Capital Improvements Crested Butte Mountain Resort (CBMR) kicks off the 2011-2012 season with improvements in all areas of operations, ensuring continued focus on the guest experience. Enhancements include: a new Zipline Tour for the summer and winter seasons; renovations to the Paradise Warming House restaurant; a new fleet of high-end demo gear and a new Learn-to-Ride snowboard fleet for women and children; and a partnership with Patagonia for new employee uniforms over the next couple of seasons and products for the resort’s retail outlets. The coming season also concludes CBMR’s yearlong celebration of 50 years of skiing with an opening day tribute on November 23, 2011.  “We’ve concentrated our efforts on enhancements that will resonate with our guests,” said Ethan Mueller, vice president and general manager of CBMR. “The new Zipline Tour is a great example; it has been a huge hit this summer and we have no doubt it will offer a memorable winter adventure opportunity.” The new Crested Butte Zipline Tour opened June 28 after much anticipation and more spring snow than anticipated. The guided tour includes five zip lines and three suspended bridges that have been uniquely adapted to accommodate winter operations. The Crested Butte Zipline Tour is available during the summer, fall and winter seasons; the resort will offer the only guided zipline tour at a Colorado ski resort, and one of the only winter canopy tour operations in the state. Renovations to the Paradise Warming House, CBMR’s mid-mountain cafeteria-style on-mountain restaurant, include a food line redesign and an updated look and feel. The remodel will improve service and use of space, while preserving the casual, come-as-you-are atmosphere that Crested Butte is famous for. CBMR will update its rental fleet with new high-end demo skis and snowboards, featuring brands such as Rossignol, Salomon, RAMP, Nordica, Atomic, and 4-frnt. The resort is also purchasing new Burton Learn-to-Ride (LTR) snowboards, to enhance the women’s and children’s fleets. And, thanks to the resort’s new partnership with Patagonia, CBMR retail outlets will carry an entire line from this stand-out outdoor apparel manufacturer and staff will be outfitted in new uniforms featuring Gore-Tex® throughout the next two years. In addition to all of the capital improvements that have taken place since the Muellers joined the resort, CBMR has made great strides in becoming a “greener” resort. In 2010, CBMR joined the Colorado Industrial Energy Challenge (CIEC), as one of 13 charter members in the state. By signing on, the resort committed to reducing energy consumption by two percent each year for five consecutive years, using 2008 as the base year. In June of 2011, CBMR won the Excellence in Energy Efficiency award from Governor John Hickenlooper and the Governor’s Energy Office for reducing energy use by 18.9 percent in the first year. USA Pro Cycling Challenge a Huge Success “Crested Butte was unbelievable. It was a home run,” said Sean Petty, the chief operating officer of USA Cycling, the governing body for the sport in the United States. “To see this on a Tuesday afternoon and experience the finish was great for a first-year event. It felt like a stage in the Tour de France.” “Everyone had a smile. Everyone had a blast. Everyone was screaming at the finish line. That in itself says success,” said local organizing committee co-chair Aaron Huckstep.  His counterpart, Dave Ochs, seconded the sentiment. “Hot damn. It happened and it happened well,” he said. “The production guys say we get a 99.9, and they said they never give out accolades that high.” Click here for full story. Paragon People’s Fair – Sept. 3rd and 4th If you haven’t been to Crested Butte to experience the homespun cultural experience of People’s Fair then you haven’t seen this awesome town at it’s finest! For the past 20 years the Paragon Gallery artists have hosted the this annual event, an eclectic mix of 70 booths selling unique regional arts and crafts, collectibles and antiques, preserved food from local gardens, music, and more in a fun, family oriented environment. Reasonably priced items make this fair affordable for everyone and a must for treasure hunters! Click here for more information. Mt. Crested Butte Fall Festival of Beers and Chili Cook-Off – Sept. 10th With 15+ breweries expected to attend and former Widespread Panic guitarist Sam Holt and his all star band on tap, the Crested Butte / Mt. Crested Butte Chamber is gearing up for another awesome Mt.Crested Butte Fall Festival of Beers and Chili Cook-off. Gates open at noon on Saturday, September 10th,  and the festivities go until 6PM. Admission is only $25 for chili sampling (from noon-2, while supplies last), an unlimited beer tasting from noon-3, and music from Better Late Than Never, The Springdale Quartet, and the Sam Holt Band! Do you have a first-rate or unusual chili recipe?  If so, participate in the chili contest, which is free to enter. All you need to do is make up 3 gallons of your best and bring it to the festival where attendees will vote on their favorite chili in the following categories: International Chili Society Red (No Beans or Fillers), Anything Goes, Professionals Only (Restaurant Owners and Chefs) Vegetarian, and Green. Winners of each category will receive great prizes, and the overall winner gets $150. Chili participants get two free and two 1/2 price entries to the Festival. Be safe and take Mountain Express or utilize the free Safe Ride service. If you are interested in participating in the Chili Cook-off, or if you would like to volunteer and receive free admittance to the event, then please stop by the Chamber or call Scott at 349-6438.   22nd Annual Superfly 2011 – Sept. 9th and 10th Join the Gunnison Chapter of Trout Unlimited for the 22nd Annual SUPERFLY 2011! September 9-10 Teams of 2 anglers each will fish private and public water to compete for the most inches of trout. A classic 2-fly contest, which includes a commemorative shirt & hat, reception Friday night, breakfast, lunch and a barbeque dinner Saturday night. Entry fee is $500 per team. If you are not fishing in Superfly but would like to attend for the barbeque 6:30 Saturday night at The Almont Resort, tickets are available for $20 each. Following the banquet will be the awards ceremony, prizes for the winners then the raffle & auction items will be awarded. Partial proceeds from Superfly will fund the Colorado Trout Unlimited Youth Conservation Camp in 2012. All the details, rules and schedule for Superfly are on our web site at GunnisonTU.org. But please don’t hesitate to contact Mark Day at 970-641-7404 with any questions you may have. Click here for more details.     Vinotok – Sept. 24th The community puts the Grump on trial with harvest maiden dances, and a play of the Harvest Mother, Dragon, Knight and Green Man. The performance is amplified and lit so the community can hear and see the tale on the temporary stage located at Elk Avenue in front of the Eldo at 7:30 p.m. For a complete list of Crested Butte and Gunnison activities please click here.
Please Visit My Favorite Gallery in Crested Butte – Oh Be Joyful Gallery  Shaun Horne – Red Buildings Shaun Horne – Aspens and Lupines Shaun Horne – Tamale View

Thanks for all your referrals!
I succeed when people like you refer me to their family, friends, neighbors and colleagues. It’s the best kind of feedback I can receive. So thanks for continuing to pass along this newsletter to all.

Corey Dwan Benson Sotheby’s International Realty 433 Sixth Street Crested Butte, CO 81224 970-596-3219 Cell 970-797-1810 Fax Corey.Dwan@SothebysRealty.com www.CrestedButteForSale.com www.SothebysGlobalRealEstate.com

Thanks for reading! If you’d like to tell me what you think about this newsletter, or if you’re thinking of buying or selling real estate, please do get in touch.

In This Issue: Real Estate Market Update CBMR Capital Improvements USA Pro Cycling Challenge Paragon People’s Fair Mt. CB Beer and Chili Festival Superfly 2011 Vinotok Oh Be Joyful Gallery Featured Listings Global Listings 329 Maroon Avenue, Crested Butte $1,595,000 821 Fern Creek Road, Creede $4,195,000 142 Larkspur Loop, Crested Butte $118,000 474 Deep Creek Road, Creede $1,595,000 309 Third Street, Crested Butte $985,000   651 Gothic Road, Unit 504E $209,000   Mt. Crested Butte Homes Mt. Crested Butte Condos Mt. Crested Butte Land Crested Butte Homes Crested Butte Condos Crested Butte Land Rural Crested Butte Homes Rural Crested Butte Condos Rural Crested Butte Land Crested Butte South Homes Crested Butte South Condos Crested Butte South Land Gunnison Area Homes Gunnison Area Condos Gunnison Area Land Global Real Estate Mountain Bike Trail Report Mt. Crested Butte Snow Report Mt. Crested Butte Ski Trail Report Crested Butte Weather Report Sign Up for my Newsletter

21 Crested Mountain Lane, Unit 503, Mt. Crested Butte, CO 81225 - Kitchen

Corey Dwan of Benson Sotheby’s International Realty is proud to announce a recent price reduction of this beautiful Mt. Crested Butte ski in/ski out condo.
This remodeled three bedroom, three bath condo enjoys a full size indoor jacuzzi, sleeping loft, furniture, decorations and prime slope side location.
With 1460 square feet this condo has room for the whole family. So call Corey Dwan to schedule a showing of this magnificent Rocky Mountain condo.

$299,000 – Price Reduced $21,000 making this the least expensive unit in the complex!

Search for Crested Butte and Gunnison Real Estate

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-797-1810 Fax
www.CrestedButteForSale.com

21 Crested Mountain Lane, Unit 503, Mt. Crested Butte, CO 81225 - 2nd Bedroom

21 Crested Mountain Lane, Unit 503, Mt. Crested Butte, CO 81225 - Living Room

Corey Dwan of Benson Sotheby’s International is pleased to announced another successful sale on Mt. Crested Butte, CO 81225 via Buyer representation. Unit A302, West Wall Lodge sold yesterday for $400,000. This 1693 square foot, two bedroom, two bath, luxury ski in/ski out condo has sold for a historical low price of only $236 a square foot. Complete with under ground heated garage and storage, slope side pool, hot tub, fitness center and private club this is Crested Butte’s finest ski in/ski out complexes. Call Corey Dwan today if you are interested in ski in/ski out Crested Butte property.

Corey Dwan
Benson Sotheby’s International Realty
970-596-3219 Cell
Corey.Dwan@SothebysRealty.com
www.CrestedButteForSale.com

Corey Dwan of Benson Sotheby’s International Realty succefully closed yet another Grand Lodge unit on Mt. Crested Butte, CO. This Mount Crested Butte condo located directly at the base area has beautiful views as well as a fireplace! Only eight units in the complex  have a fireplace. Just steps away from the bus stop, slopes and restaurants. Great amenities…you and up to three friends or family don’t even have to leave the comforts of your practically ski in/ski out Chalet.  Indoor/outdoor pool and hot tub on patio with fire pit. Enjoy the convenience of privately reserved ski and snowboard storage slope side. Enjoy the amazing views of Mt. Crested Butte. Great investment potential with the new Conference Center next door. Sold for $57,000 a reduction off of list price $12,900. Call Corey Dwan for all of your Mt. Crested Butte real estate needs.

Corey Dwan
Benson Sotheby’s International Realty
970-596-3219 Cell
Corey.Dwan@SothebysRealty.com
www.CrestedButteForSale.com

Corey Dwan of Benson Sotheby’s International Realty just successfully closed on 255, Grand Lodge, Mt. Crested Butte, CO via Buyer and Seller representation.

This condo is located directly at the base area with beautiful views to the West, East and South. Just steps away from the bus stop and restaurants. Great amenities…you and up to three friends or family don’t even have to leave the comforts of your practically ski in/ski out Chalet. Enjoy the lobby fireplace surrounded by luxurious woodwork and stone. Indoor/outdoor pool and hot tub on patio with firepit. Enjoy the convenience of privately reserved ski and snowboard storage slope side. Enjoy the amazing views of Mt. Crested Butte. Great investment potential with the new Conference Center next door!

This residence sold for $52,000 a $8,000 reduction off of list price.

Call Corey Dwan for all of your Crested Butte Real Estate Needs

970.596.3219

The Bud Light Concert Series festEVOL will be making 3 stops in ski towns across the country in 2011. Featuring live music from the band O.A.R and special guest The Pete Kilpatrick Band festEVOL will be heading to Okemo, VT – Crested Butte, CO and Mount Sunapee, NH. You may be wondering just what the heck a festEVOL is?

Evol Burritos is the main sponsor of the Bud Light Concert Series. They have taken frozen burritos to an entire new level by making all-natural, made-from-scratch burritos that taste amazing. Evol was founded by selling homemade burritos out of a cooler to fellow climbers in Colorado’s Eldorado Canyon.

Now they’re sponsoring a music festival, and Evol burritos have been showing up everywhere including backstage at Red Rocks Amphitheatre and even being passed out on opening day here in Crested Butte, CO. I would highly recommend looking for these in the organic frozen food section at your local grocery store.

2011 festEVOL Tour Dates:

March 19th, 2011 – Okemo, VT
March 26th, 2011 – Crested Butte, CO Mount Sunapee, NH
April 2nd, 2011 – Mount Sunapee, NH

Want to win a trip to Crested Butte for festEVOL? Enter Here
Winner will receive:

Flights for 2 people to Crested Butte, CO
Lodging (1 room)
Lift tickets for 2 people
Rentals for 2 people
2 Concert tickets to FestEVOL (O.A.R. and special guest Pete Kilpatrick Band)

Crested Butte Mountain Resort

Mount Crested Butte, CO – Tucked away amongst massive pines trees located near the base of the twister chairlift half way up the Crested Butte Ski Resort lies the intimate Uley’s Cabin. Hungry skiers and snowboarders can literally slide right up to the front door. Having lunch at the cabin was unlike any on mountain dining experience I have ever had.

Chef Danny Rosa and his team of talented chefs including our friend Matt Santor prepare a stunning gourmet lunch of upscale Colorado Cuisine seven days a week. The atmosphere at Uley’s cabin is very unique for an on mountain dining experience, you feel like your in a small family run European chalet. Upon entering the cabin skiers are given covers for the bottom of their boots to avoid slipping on the hardwood floors. This was the first sign that we had arrived at a true luxury restaurant.

Read More

Press Release from CBMR.  Contact me for all of your Crested Butte real estate needs. I specialize in luxury homes and estates, ranch and acreage properties, condominiums, ski in/ski out, lake view, river frontage properties, golf course homes, residential and commercial developments as well as custom builder representation throughout the Crested Butte and Gunnison area.

Cheers,

Corey

Corey Dwan
Benson Sotheby’s International Realty
970-596-3219 Cell
Corey.Dwan@SothebysRealty.com
http://www.CrestedButteForSale.com

CRESTED BUTTE MOUNTAIN RESORT FOCUSES IMPROVEMENTS AND CAPITAL PROJECTS ON THE MOUNTAIN FOR THE 2010-2011 SEASON
CBMR prepares for another 50 years with visible enhancements

CRESTED BUTTE, Colo. – Aug. 24 – The focus is on the mountain as Crested Butte Mountain Resort (CBMR) prepares for the coming ski and snowboard season. Improvements designed to maximize the skiing and riding experience are taking place in preparation for the resort’s celebration of 50 years of skiing throughout 2010-2011.

“We’ve given detailed thought to our terrain and on-mountain amenities and how the mountain is laid out,” said Ken Stone, COO of CBMR. “Our goal going into the 2010-2011 season is to maximize our assets. To accomplish that objective we’ve reconfigured things a bit, freeing up additional intermediate terrain in the process.”

Crews are glading Horseshoe Springs – expanding tree-skiing options and, as a result, adding more intermediate terrain to the resort’s tally.

CBMR also introduces the new Gold Link Terrain Park and Superpipe for the 2010-2011 season. By relocating the resort’s largest park and pipe, crews have created a complete freestyle park pod off the Painter Boy and Goldlink lifts. This translates to a literal playground for the park enthusiast, highlighted by the ability to progress from one park – and one feature size – to the next. The Cascade location also is ideal for larger park features, offering a consistent fall line for the jib park and half pipe. Cascade is blessed with good afternoon light, allowing for better visibility, and its proximity to mountain operations headquarters means snowcat operators have easier access and more time for preening features. The new location also leaves crews hopeful for delivery of a constructed half pipe in time for the Christmas holiday, thanks to the park’s location along the main water feed pipe for the mountain’s snowmaking system.

With these mindful improvements and reconfigurations skiers and riders at CBMR gain back two full-length trails in the resort’s best existing intermediate pod.

Guests to CBMR also will note increased snowmaking capabilities resulting in earlier terrain openings and a better late season base. Increased snowmaking at the base area will allow for Peachtree beginners lift and the Camp CB teaching area and magic carpets to open on the first day of the season. And, the resort is eager to utilize its $40,000 NSAA grant, which translates to 10 new high efficiency tower guns.

Another notable change on the mountain is the new NASTAR race arena located on the Canaan trail just above the Paradise Warming House.

At the base, $400,000 in improvements and enhancements to the Treasury Center base lodge include more seating and expanded skier services, such as lockers and bathrooms. Butte 66, a popular choice for lunch and après ski, will also benefit from extensive renovations, and the Spellbound Pizza Company will move to a new location on the remodeled third floor of the Treasury Building.

In addition, CBMR has added a new activity to the existing Adventure Park, and relocated the Trailhead Children’s Discovery Museum to the Outpost Building – now open year-round. The Adventure Park line-up now includes mini golf during the summer season in addition to the bungee trampolines and climbing tower, which are open year-round. The Flying Gopher 18 hole mini golf course is located under a weatherproof dome, which will convert to an ice skating rink during the winter season. The Trailhead Children’s Museum features playful adventure, art, science and discovery for young children and parents throughout the year, including special events and programs. The museum’s new location at the base of the mountain makes for easy access and provides yet another great option for family fun.

Improvements over the past six years, since the Muellers initially took ownership of CBMR in 2004, include:

• A new base area village called Mountaineer Square
• New lodging (Elevation Hotel & Spa, Lodge at Mountaineer Square);
• Expanded DC Terrain Park
• A complete remodel of the beloved Ice Bar on-mountain restaurant – now called Uley’s Cabin
• The addition of a base area Adventure Park complete with bungee trampolines, a climbing tower, ice skating (winter only), a lift-served tubing hill (winter only) and mini golf (summer only)
• Snow igloos – solid snow structures – set up in the kids’ play area outside of Camp CB and as cocktail hotspots near the Ice Bar restaurant
• New snowmaking and grooming
• A lift system expansion
• The Treasury Center remodel
• A new children’s facility called Camp CB
• The addition of a combined beginner learning area for children and adults
• The introduction of the Mountain Sports Team accessible to a wide variety of athletes from kids enjoying local recreational programs to driven student athletes
• The addition of the Outpost Building Day Lodge, which now houses the Trailhead Children’s Discovery Museum

2010-2011 PACKAGES AND SPECIAL OFFERS

50/50 Package – Celebrating 50 Years of Skiing: November 23 – December 16, 2010
In celebration of 50 years of skiing and riding in Crested Butte, CBMR has created a 50/50 package, featuring 50 percent off lift tickets and $50 per person, per night for lodging. The 50/50 package is available from November 23 to December 16, 2010 (check out Dec. 17). The 50 percent discount on lift tickets is only available with lodging package. Call 800-600-2803 for information or reservations.

Book Early Save BIG: Book by September 13, 2010
Guests to Crested Butte can discover value by booking early. CBMR’s Book Early and Save BIG offer includes a 20 percent discount on lodging for reservations confirmed by September 13, 2010. Reservations must be confirmed by September 13, 2010. Minimum four-night stay required. Based upon availability with no blackout dates.

Friends & Family Fly Free: All Season Long – Subject to Availability
One of Crested Butte Mountain Resort’s (CBMR) most popular offers, Friends & Family Fly Free, is back for an encore. Book a Crested Butte vacation for three or more people and every third airline ticket is free. Even better, Friends & Family Fly Free features direct flights into Gunnison/Crested Butte Airport (GUC) on American Airlines, United Airlines and Delta Air Lines. Maximum travel credit is $400 per free airline ticket and each reservation is limited to three free airline tickets. Subject to availability. Call 800-600-2803 to learn more or to book a Crested Butte getaway.

The Grandest Christmas: December 17 – December 25, 2010
A holiday ski vacation for under a grand? It’s true! Crested Butte Mountain Resort’s (CBMR) Grandest Christmas package returns featuring four nights of lodging at The Grand Lodge Hotel, and three days of skiing or riding at CBMR for a family of four, for under $1,000. Considered by many to be the “last great Colorado ski town,” Crested Butte is the ideal holiday destination. Dazzling twinkle lights line Elk Avenue and crowds gather for the Torchlight Parade as skiers wind down the mountain on Christmas Eve. And The Grand Lodge is located just 200 yards from the chairlift making first tracks on Christmas morning a definite possibility. CBMR’s Grandest Christmas package must be booked by December 17, 2010 for travel from December 17 through December 25, 2010 (check-out on December 26, 2010). Price is subject to availability and has been quoted prior to all fees, taxes and optional travel protection. The Grandest Christmas package is available exclusively through Crested Butte Vacations: 800-600-2803.

4th Night and 4th Day Free: January 3 – March 10, 2011
Enjoy some of the best conditions of the season and an additional nights’ lodging and day of skiing free. Purchase three nights of lodging and three days of lift tickets between January 3 and March 10, 2011 and receive a fourth night of lodging and fourth day of skiing free. Blackout dates apply. This package is available only through Crested Butte Vacations: 800-600-2803.

West Wall Lodge – Mt. Crested Butte, CO

This extremely spacious condo is located in Mt. Crested Butte’s most prestigious ski in/ski out residences, the West Wall Lodge.  Located slope side steps from the West Wall lift this complex enjoys heated garage, swimming pool, hot tub, fitness room, ski valet, private slope side bar and on site property management company. This truly turn key residence has been luxuriously furnished and decorated to provide you with a lavish mountain experience.

Two Bedroom, Two and Half Baths, 1874 Square Feet

$699,000

Virtual Tour

Corey Dwan – REALTOR
Benson Sotheby’s International Realty
P.O. Box 210
433 Sixth Street
Crested Butte, CO 81224
970-596-3219 Cell
970-325-3219 World Wide Cell
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com