378 Phoenix Way

Crested Butte, CO 81224

$17,500,000
Price
8
Beds
11,417 Sq. Ft.
$1,533 / Sq. Ft.
11,417
Sq. Ft.
$1,533
per Sq. Ft.
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Description

Positioned within the ultra-exclusive Smith Hill Ranches, 378 Phoenix Way is a once-in-a-generation alpine estate offering more than 35 pristine acres of unmatched privacy, scale, and panoramic beauty just minutes from both downtown Crested Butte and Crested Butte Mountain Resort. As the only enclave with 35-acre parcels between Crested Butte and Mt. Crested Butte — and with just eight homesites in total — Smith Hill Ranches represents a level of rarity and exclusivity that can no longer be replicated....Positioned within the ultra-exclusive Smith Hill Ranches, 378 Phoenix Way is a once-in-a-generation alpine estate offering more than 35 pristine acres of unmatched privacy, scale, and panoramic beauty just minutes from both downtown Crested Butte and Crested Butte Mountain Resort. As the only enclave with 35-acre parcels between Crested Butte and Mt. Crested Butte — and with just eight homesites in total — Smith Hill Ranches represents a level of rarity and exclusivity that can no longer be replicated. Set against a dramatic backdrop of the Slate River Valley and the breathtaking Oh-Be-Joyful Wilderness Area, the estate captures sweeping, unobstructed views of iconic peaks including Red Lady and Crested Butte Mountain. From sunrise over the valley to star-filled alpine nights, every aspect of the property is designed to immerse owners and guests in Colorado’s extraordinary natural beauty while delivering the highest level of refined mountain living. Completed in 2010 and offered by the original owners, this remarkable legacy compound spans 11,417 square feet across a luxurious five-bedroom primary residence, an elegant three-bedroom guest house, a three-car garage, and a beautifully finished barn. Due to current Gunnison County building regulations limiting new construction to 7,500 square feet, the scale and presence of this estate are truly irreplaceable. Designed by acclaimed local architect Daniel Murphy, the residence blends timeless mountain architecture with exceptional craftsmanship. Hand-hewn timber framing, soaring walls of glass, American clay interior finishes, gas and wood-burning fireplaces, and custom ironwork by renowned blacksmith Ben Eaton create interiors that are both sophisticated and deeply connected to the surrounding landscape. Curated by I. D. Studio, the interiors feature bespoke furnishings, rare antique pieces, and a wine room finished with imported materials sourced from Italy. State-of-the-art Lutron lighting, audiovisual, and security systems were comprehensively updated in 2024 and 2025, while the main residence received a new standing seam metal roof in 2024. The grounds are equally extraordinary. Mature aspen groves, native wildflowers, irrigated landscaping, and a flowing stream water feature create an environment of serenity and natural elegance. Expansive heated patios and view decks invite year-round outdoor living, complete with multiple grilling areas, illuminated walkways, two firepits, and a private hot tub perfectly positioned for taking in Crested Butte’s legendary dark skies and alpine sunsets. 378 Phoenix Way is more than a home — it is a rare and enduring mountain sanctuary designed for generations to gather, celebrate, and experience one of the most spectacular settings
  1. Listed by Charlie Farnan • Bluebird Real Estate, LLC

Property Details for 378 Phoenix Way

Water Front
No
Zoning
Residential Single Family
Views
Mountains, Valley, Ski Area
Waterfront
Pond
Subdv Name
Smith Hill Ranches
LISTING UPDATED: 06/06/2026 07:37 AM

Property Details for 378 Phoenix Way

StatusActive
MLS #835330
Days on Market7
Taxes$31,819 / year
HOA Fees$12,500 / year
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built2008
Lot Size35.05 AC / 1,526,734 SF
CountyGunnison County
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Location

Listing Courtesy of Bluebird Real Estate, LLC, Charlie Farnan
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Building Information for 378 Phoenix Way

Stories3Year Built2008Building Size-Lot Size35.05 AC / 1,526,734 SF

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$90,898 per month

30 year fixed, 6.36% Interest

Principal and Interest

$87,204

Property Taxes

$2,652

HOA Dues

$1,042

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Property Information for 378 Phoenix Way

Summary
Location and General Information
  • Directions: Turn off Gothic Rd at Washington Gulch and go to Phoenix Way and turn left, go to gate, need gate code to proceed. Call listing broker.
  • Access: Year Round
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Type: Attached Garage
  • Garage Capacity: 3
  • Garage Y/N: Yes
School Information
  • Elementary School: Crested Butte Community K-12
  • Middle School: Crested Butte Community K-12
  • High School: Crested Butte Community K-12
Taxes and HOA Information
  • HOA/Metro Fees: $12,500.00
  • HOA Inclusions: Landscaping, Trash, Snow Removal, Road Maintenance
  • HOA Name: Smith Hill Ranches
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 31818.79
Property
Property and Assessments
  • Domestic Water Source: Domestic Well
  • Domestic Sewer Source: Septic System
  • FIPS Code: 08051
  • Legal/Lot Block: RANCH 1, THE SMITH HILL RANCHES SUBDIVISION
  • Foreign Owned Y/N: No
  • Photo Count: 45
  • New Construction Y/N: No
  • Disclosures: Covenants, Pets Allowed, Property Disclosure
  • Livestock Allowed: Horses
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 35+
  • Current Property Use: Residential
  • Possible Property Use: Residential, Mountain Recreation
  • Well Permit #: 235998
  • Parcel ID #: 3.17700002007E11
  • Property Description: Borders National Forest
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
  • Indoor Air Quality: Air Filtration System, Humidification System
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Starlink
  • Water Heater: Propane Water Heater
  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception, Phone - Landline
  • Addit Living Quarters: Yes
  • Water Well: Yes
Multi Family
Multi-Family Information
  • Residence Stories: Three Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 3
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Bathrooms: 10.00
  • Primary Bedroom Level: Main Level
  • Dining: Kitchen Bar, Separate Dining
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Partially Furnished
  • Addit Living Type: Guest Home
  • Florring: Hardwood, Slate, Tile, Stained/Stamped Concrete
  • Foundation/ Basement: Basement-walk out, Concrete
  • Heating Fuel/Source: Propane
  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Double Oven, Exhaust Fan, Water Purifier
  • Heating System: Boiler, Floor Radiant, Fireplace
  • Interior Inclusion: Window Coverings, Part Furnished, Ceiling Fan(s), Sound System, Wet Bar, Vaulted Ceiling, Granite Counters, Guest Quarters, Security System, Walk In Closet, Hot Tub, Garage Door Opener, Fire Sprinklers, Mud Room, Wine Room, Heated Garage
  • Fireplace/Location/ Type: Gas Logs, Gas Starters, Den/Family Room
Exterior Features
  • Residence Style: Ranch, Ranch Basement
  • Construction Type: Wood Frame, Post & Beam
  • Roof: Metal
  • Exterior Inclusions: Landscaping, Storm Windows/Doors, Gas Grill, Hot Tub, Lawn Sprinklers, Covered Porch
  • Siding: Stone, Wood
  • Exterior Structures: Barn, Guest House
  • Windows: Clad, Double Pane

Property History for 378 Phoenix Way

DateEvent & SourcePriceAppreciation
May 31, 2026

Listed (Active)

CRENMLS #835330

$17,500,000—
Aug 2, 2010

Sold

CRENMLS #9815

$3,000,100—
Jul 29, 2010

Sold (Public Record)

Public Record #1102754114

$3,000,100—
DateEvent & SourcePrice
05/31/2026

Listed (Active)

CRENMLS #835330

$17,500,000
08/02/2010

Sold

CRENMLS #9815

$3,000,100
07/29/2010

Sold (Public Record)

Public Record #1102754114

$3,000,100

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 378 Phoenix Way

Taxable ValueLand$91,550Additions$398,960Total$490,510
Tax Record2025$30,665 ($2,555 / month)
Home Facts
Beds5Total Finished SqFt7,221 SqFtAbove Grade Finished SqFt3,986 SqFtFinished Basement SqFt3,235 SqFtStories3Lot Size1,526,734 SqFtStyleSingle Family ResidenceYear Built2007CountyGUNNISONAPN317700002007

Schools near 378 Phoenix Way

This home is within Gunnison Watershed Re1j School District.
Rating
School
Type
Grades
Distance
Gunnison Elementary School
Public - PK to 5
Marble Charter School
Charter - K to 10
Gunnison Middle School
Public - 6 to 8
Crested Butte Community School
Public - 6 to 12
Rating
School
Distance
Gunnison Elementary School
PublicPK to 5

Marble Charter School
CharterK to 10

Gunnison Middle School
Public6 to 8

Crested Butte Community School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 378 Phoenix Way, Crested Butte, CO 81224

378 Phoenix Way is a single family home for sale in Crested Butte, CO 81224. This property was listed for sale on June 1, 2026 by Bluebird Real Estate, LLC, it's currently listed at $17,500,000. It has been on the market for a total of 7 days and was last sold on August 2, 2010. This listing's school district is Gunnison Watershed Re1j School District. Nearby schools include Gunnison Elementary School, Marble Charter School and Gunnison Middle School. 378 Phoenix Way is a 8-bed, 10-bath, 11,417 sqft single family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Bluebird Real Estate, LLC, Charlie Farnan

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 05/31/2026 06:00 PM through 06/08/2026 02:47 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/06/2026 07:37 AM