Private and secluded at Peanut Lake, this 57 acre ranch property enjoys dramatic panoramic views of the lake, the surrounding mountains and the historic town of Crested Butte. The iconic peaks of Mt. Crested Butte and Whetstone Mountain dominate the view to the east while the Paradise Divide range and Gothic Mountain fill the skyline to the west. This is the Slate River Valley, a critical riparian zone and home to amazing wildlife habitat that includes great blue heron, geese, ducks, elk, moose, fox and coyote. The stunning lakefront location enjoys a common boundary with Crested Butte Land Trust conservation land on three sides keeping this property's open spaces and incredible views forever protected. The beautiful craftsman chalet features gorgeous vaulted and beamed ceilings, a floor-to-ceiling Rumford wood burning fireplace, beautiful wide plank hardwood flooring, a chef's kitchen, wrap around ironwood decks and a 560 sf, 1-car garage. The big 1,672 SF barn offers plenty of room for an RV, all of your mountain recreation toys with good storage upstairs. The nordic ski trail system and the Lower Loop hiking and biking trail are easily accessible from the front door. The property includes options for expansion to the existing guest house or the creation of another mountain home on the land.