Mountain Homes Realty
Enter City, Zip or MLS

378 phoenix way

Crested Butte, CO 81224

$17,500,000

8 BEDS 8.5 BATHS
11,417 SQFT35.04 AC LOT
Residential - Stick Built
Image 1
Image 2
Image 3
Image 4
Bedrooms 8
Total Baths 9
Full Baths 7
Square Feet 11417
Acreage 35.049
Status Active
MLS # 835330
County Gunnison
More Info
Category Residential - Stick Built
Status Active
Square Feet 11417
Acreage 35.049
MLS # 835330
County Gunnison
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
Location not available
Listing
Street
Satellite

Exterior Features

  • Construction Single Family
  • Siding Wood Frame, Post & Beam
  • Exterior Storm Windows/Doors, Covered Porch, Gas Grill, Hot Tub, Landscaping, Lawn Sprinklers
  • Roof Metal
  • Garage Yes
  • Garage Description Attached Garage
  • Water Domestic Well
  • Sewer Septic System
  • Lot Description Borders National Forest

Interior Features

  • Appliances Range Top, Refrigerator, Washer, Water Purifier, Dishwasher, Double Oven, Dryer, Exhaust Fan, Microwave, Range/Oven
  • Heating Propane
  • Fireplaces Description Den, Gas Log, Gas Starter
  • Living Area 11,417 SQFT
  • Year Built 2008
  • Stories Three Story

Neighborhood & Schools

  • Subdivision Smith Hill Ranches
  • Elementary School Crested Butte Community K-12
  • Middle School Crested Butte Community K-12
  • High School Crested Butte Community K-12

Financial Information

  • Parcel ID 317700002007
  • Zoning Residential Single Family

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of Bluebird Real Estate, LLC - (970) 209-0609
Listing Agent Charlie Farnan
The data for this listing came from the Colorado Real Estate Network, CO MLS.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited. crenmls.com/full-cren-disclaimer-2
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Listing data is current as of 06/24/2026.

Contact Our Agent

By clicking “Submit,” I agree to be contacted by Lake Homes Realty, LLC, its affiliates, and real estate professionals via call, text, and email for real estate services. This includes by automated means, even if your number is on a federal, state, or our internal Do Not Call list. To opt out, you can reply "stop" at any time or reply "help" for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree to our Terms of Use and Privacy Policy.