The Magic of Ashcroft
This is a legacy opportunity to acquire the world famous Pine Creek Cookhouse restaurant, the luxurious Star Peak Lodge and home, and full development rights for seven overnight cabins and a new arrival retail center. Located in the majestic Ashcroft Valley, at the base of Pearl Basin in the Elk Mountains above Aspen, Colorado, the offering includes two private inholdings totaling 20 acres and 735 acres of National Forest Service permitted land for year round recreational use including cross-country skiing, snow shoeing, fishing, biking and hiking as well as exploring the Ghost Town of Ashcroft that was founded in 1880 during Aspen's silver boom.
The Pine Creek Cookhouse restaurant serving mountain gourmet cuisine is 7,500 square feet, and has been profiled in national magazines. The business demonstrates a history of strong, consistent profits over the last five years. Star Peak Lodge built in 2003 is 5,500 sq. ft. with five bedrooms, five and a half baths. It can be enjoyed as a private luxury home or used as an events and conference retreat. Development rights for seven overnight cabins ranging in size from 500-800 square feet are adjacent to the restaurant. A new 1,800 sq. ft. King Cabin arrival retail center with two caretaker units has been designed and approved by Pitkin County. Significant upside potential with new cabins and arrival retail center.