Crested Butte is the latest jewel in a portfolio of resort developments privately owned and operated by the dynamic husband and wife team of Tim and Diane Mueller. Widely respected throughout the American ski industry, the Muellers’ first project involved the successful transformation of Vermont’s Okemo Mountain Resort into one of the top ski resorts in the east. Their winning ways continued with Sapphire Beach Resort and Marina on the island of St. Thomas as well as the successful redevelopments of both Mt. Sunapee in New Hampshire and Catamount at Steamboat.
Tim and Diane bring a refreshing hands-on style of management to Crested Butte Mountain Resort: emphasizing superior guest service and uncompromised quality across the board. Their long-term vision is to vault Crested Butte into the top rank of North American ski resorts, not by being the biggest – but by being one of the best. As president and CEO of their company, Three Peaks Development, Tim Mueller oversees the direction, vision and financial health of the resort, while Diane focuses on “softer” aspects, like guest services, human resources and aesthetics. Three Peaks is truly a family-run operation, with son Ethan stepping into the role of Director of Operations for Crested Butte where he now resides full-time.
As a family, the Muellers are linked by their love for the great outdoors. Tim is an avid skier, duck hunter, bow hunter, fisherman, as well as an American history buff. His energetic wife, Diane is also a skier, sailor and marathon runner with an impressive background in fine arts and education. Their son, Ethan, is the Alpine specialist of the clan with favorite sports including snowboarding, skiing, hunting, fishing and mountain biking. No wonder why they already feel right at home at Crested Butte.

Market Overview

Crested Butte Real Estate Market Overview

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Crested Butte Market Quarterly Sales Volume from 2004 to 2007

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Crested Butte Residential Quarterly Sales Volume and Average Price from 2004 to 2007

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In the News

Muellers Enjoy Run, Work Hard on Resorts
Boston Herald, January 2008
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CBMR looking to unveil new brand after six month study
Crested Butte News, December 2007
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A Place for Three Seasons: Crested Butte
California Literary Review, December 2007
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King of the Mountain
The New York Times, November 2007
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Crested Butte Soars Past Billion-Dollar Mark
CBMRE Offical Release, October 2007
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Snodgrass not slip-sliding away
Gunnison Country Times, September 2007
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The Gothic Building Is Coming Down to Make Way for Cimarron
CBMRE Offical Release, June 2007
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Crested Butte Academy Partners With IMG Academies and Cay Clubs International
CBMRE Offical Release, May 2007
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36 Hours in Crested Butte
The New York Times, February 2007
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Crested Butte Mountain Resort finds market for Cimarron Building
Crested Butte News, February 2007
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Crested Butte Mountain Resort Goes Green with Wind Power
Crested Butte News, August 2006
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CBMR’s Lodge at Mountaineer Square “Sells Out” in Six Hours for $80 Million
CB Weekly, July 2005
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Crested Butte Project Sets Sale Record
Denver Post, July 2005
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Big companies don’t own every ski resort in North America. Here’s an entrepreneurial couple who are mom-and-pop. It’s Mueller Time
Newsweek, 2005
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The Muellers & Crested Butte
The New York Times, December 2004
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All seasoned Crested Butte crews for summer project
Denver Post, 2005
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Moguls with a Mission
Fast Company, January 2003
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Future Development

Consider the special nature of Crested Butte: its unique wilderness setting, its colorful history and amazing collection of people. Look at the deep commitment of Tim and Diane Mueller in their quest to make a great ski resort even better. Add it all together and you can see that the future of real estate up here in Crested Butte is brighter than ever.
We are planning and building today with the future firmly in mind. Within the ski resort itself, each neighborhood is leaving room to accommodate future plans. This includes room for additional home sites, residences and amenities in Prospect as well as projected developments and enhanced services for the north side of the base ski village. Our goal is to evolve in a responsible manner that answers the needs of our growing community and visitors while respecting our fantastic native environment.

Red Lady Lodge

Positioned at the top of the Red Lady Express Lift, this new 8000 sq. ft. lodge is designed to cater to ski services during the day. A banquet of dining options is set to include an upscale restaurant and bar, gourmet prepared food, as well as a kid-friendly play area and food zone. At night, the Red Lady Lodge will continue to host gondola-accessed fine dining options while offering a warm reprieve from the tubing hill planned for out back of the Lodge.

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Mountaineer Square North

CBMR formally submitted an application to the Town of Mt. Crested Butte to amend the PUD (Planned Unit Development) for Mountaineer Square North, an 8+ acre site north of the Grand Lodge. The new plan includes the Town’s Aquatic/Recreation Center, mixed-use residential and commercial buildings, underground structured parking, community housing and a large open space park/events plaza. The amended PUD plan will allow CBMR to continue to upgrade and improve the base area facilities for the next 10+ years.

Enlarge Site Plan (PDF)

Expanded Skiing on Snodgrass

Looking to enhance the local ski experience, Crested Butte Mountain Resort (CBMR) intends to expand operations and open facilities on nearby Snodgrass Mountain. “Alpine skiing on Snodgrass is important to our success as a community” says Tim Mueller. “We intend to build upon the attributes of the mountain with a master plan of improvements. These will be laid in over time in keeping with responsible, planned growth and development – staying true to our standards of environmental responsibility and commitment.”

View of Snodgrass Mountain from Mt. Crested Butte
In the late 1970s, the Forest Service approved nearly 600-acres of new ski terrain on Snodgrass. That permit has since expired. The Muellers have initiated the planning and discussion process for a new scaled-down expansion which could create 260-acres of primarily intermediate skiing as soon as 2009.
To merit approval for the project from Forest Services and respecting the NEPA (National Environment Policy Act), CBMR will conduct a two-year Environmental Impact Study (EIS) to consider the potential impact of the proposed ski area. Once they receive a satisfactory EIS report from the Forest Service, CBMR can begin lift construction and lift-served skiing.
Before the EIS can get underway, the US Forest Service must complete two important steps. Firstly, they will study the geology of the mountain to minimize any potential problems with erosion or soil movement. Secondly, the Forest Service will look at the level of local public support for skiing on Snodgrass Mountain.

North Village

Looking to the next decade and beyond, CBMR is focused on building a sustainable community and a true sense of place. The resort owns a parcel of land between Mt. Crested Butte and Snodgrass Mountain that was previously approved and permitted for a large scale resort development. Instead of moving on the old plan, CBMR is working with the Town of Mt. Crested Butte to formulate an entirely new vision for what is now called the North Village.

Enlarge Site Plan
According to Tom Wolff of Wolff-Lyons Architects, “CBMR seeks to create a memorable and enduring place guided by the principles of traditional neighborhood development adapted to this challenging mountain setting. The goal is to create a place where a genuine sense of community can flourish. The buildings, streets and public spaces are designed to work together to establish the identity and focus that a town or village needs to help give meaning to the lives of its residents.”

Enlarge Rendering
North Village will become the hub of the community with a mix of uses including civic, commercial, residential, recreational and cultural. Here are some of the guiding principles that will govern the creation of this “new traditional neighborhood”:

• Create a sense of community and place
• Diversity of households
• Connected streets and paths
• Compact and sustainable community
• A well-defined public realm
• Quality architecture
• Transportation options

The new neighborhood will connect to the Crested Butte ski area via a gondola that would link to the center of North Village and terminate at the base of Gold Link. This same lift system would also connect the village core to skiing on Snodgrass.
While development for the North Village is several years away from groundbreaking, it demonstrates the long-term commitment of the Muellers and the full potential for local real estate. Crested Butte is destined to become a truly great destination resort, which makes now a terrific time to come and stake your claim.

CURRENT DEVELOPMENTS

Prospect

Click on picture to enlarge or on shaded areas for more information
Spread over 400 acres on the sun-drenched slopes of Mt. Crested Butte, the home sites at Prospect offer you the ultimate in high country lifestyle. Nothing beats it. Watch the sun rise over snow capped mountains, enjoy a leisurely breakfast, and then just click-in and ski whenever you please. If you’re a skier, this is what it means to have it all:
Overlooking the majestic Elk Mountain Range, the ski-in/ski-out neighborhood Prospect represents the upper strata for private home sites on the mountain. Key amenities include:

• Direct access to the ski mountain via the Gold Link, Painter Boy and Teocalli ski lifts and the new Prospect ski lift.
• 276 acres of open space for you and your family to explore.
• 12 miles of trails for alpine, nordic, biking and hiking.
• Covenant-controlled community with comprehensive design guidelines to ensure the aesthetic integrity of the community.
• The most direct slopeside access in the West.

The best slope side access in the West.

Enlarge Trail Map
Only two sections of the Prospect currently offer available home sites:

• The next release is Gunsight Crossing – comprised of 21 large home sites perched high up on the mountain side.
• Wildflower Ridge is almost sold out with only a handful of custom home sites remaining.

Mountaineer Square

Picture yourself gathered with family and friends in an exclusive slopeside community bustling with good energy and a friendly spirit. This is Mountaineer Square – the lively and rustic, master planned ski village built at the base of Mount Crested Butte. Whether you’re searching for a great cup of café Americano or slopeside access to the best corduroy in Colorado, you have come to exactly the right place.

Click to view the real estate site plan and buildings
With vistas sweeping outwards to the mountain valley below, Mountaineer Square connects you to everything that matters. Local highlights include top-notch restaurants, cool cafés, a fitness center, aquatic complex, health spa and of course, a tempting selection of fine real estate opportunities.
Make tracks to become part of this most extraordinary place. Our first release, The Lodge at Mountaineer Square is all but sold out with only a handful of residences remaining. That was followed by the success of Cimarron, our slopeside jewel, released in early 2007 to great fanfare and rapidly climbing sales.
The Lodge
The Lodge at Mountaineer Square is a landmark development that represents an incredible opportunity to live your dream against the backdrop of Colorado’s last great ski town. Inspired by its dramatic mountain setting, The Lodge at Mountaineer Square makes you feel at home with an easy rustic elegance that soars to new heights of comfort and service. With construction now completed, The Lodge is set to be the vibrant core of the base village – a true masterpiece of the Crested Butte vision. With a few choice residences still available, don’t miss the chance to be an owner at the Mueller’s inaugural property in Crested Butte.

Cimarron
What makes Cimarron so incredibly special?
In all of Crested Butte, Cimarron stands alone as the new king of the mountain – offering an unsurpassed combination of luxury, comfort and locale. Closest to the slopes and right next to the main lifts, Cimarron is your ringside seat to the most highly rated ski terrain in Colorado. Positioned at the premier vantage point in the base village of Mountaineer Square, you enjoy the total freedom of ski-in/ski-out access to the slopes.
Cimarron is now well on its way to becoming the premier real estate development in all of Crested Butte. Its recent launch proved to be a huge success with new VIP owners racking up an impressive $50M worth of sales during our three-day January 2007 phone event.
Clearly, the market for super high-end mountain residences has never been stronger in Crested Butte. Proven by the five-star reception for Cimarron.
It only gets better.
Building on the buzz of $50M in pre-sale contracts, Cimarron now ranks as the second biggest launch in Crested Butte real estate history (right after The Lodge – another CBMR property). This tremendous success speaks for itself. Cimarron is now positioned as the hottest top tier real estate property ever to be seen in the local real estate market. You still have the chance to own at pre-construction prices in a building that has already proven itself a success.

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 Google
970-349-6653 Office
970-797-1810 Fax
www.CrestedButteForSale.com