Positioned within the ultra-exclusive Smith Hill Ranches, three hundred seventy-eight Phoenix Way is a once-in-a-generation alpine estate offering more than thirty-five 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 thirty-five-acre parcels between Crested Butte and Mount 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 eleven thousand four hundred seventeen 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 seven thousand five hundred 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 systems, 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, a tranquil pond, 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 especially designed for taking in Crested Butte’s legendary dark skiesand alpine sunsets. Three hundred seventy-eight Phoenix Way is more than a home — it is a rareand enduring mountain sanctuary designed for generations to gather celebrate,and experience one of the most spectacular settings