Crested Butte Property Management

What Crested Butte Property Management does

Crested Butte Property Management (also operating as Crested Butte Rentals) is a privately held vacation rental and full-service property management company headquartered at 516 Fifth St. in Crested Butte, Colorado. The company manages a portfolio of 22 short-term rental properties across Crested Butte and Mt. Crested Butte, anchored by the Academy Place enclave — a Board of Architecture and Zoning-approved development of six luxury cottages and six townhomes in downtown Crested Butte. The portfolio spans 2- to 39-bedroom configurations, with nightly rates from $544 to over $12,331, including ski-in/ski-out options (Casey's Slopeside), pet-friendly units, and bundled packages for large groups and events (up to 89 guests at "The Whole Enchilada").

The business operates on a dual-revenue model: transaction-based nightly rental income from properties it controls, plus recurring percentage-of-rental-income fees for full-service property management of homeowner-owned vacation properties. Distribution is direct-to-consumer through cbprop.com, supplemented by phone/email bookings and an Escapia-powered owner portal at owner.escapia.com. The underlying technology is a commodity vacation rental booking and property management platform — not proprietary or differentiated on a tech basis. Service differentiation comes from in-person concierge offerings (private chef, childcare, activity planning, airport shuttles) and partnerships with local operators such as Butte & Co (ski rentals), Mountain Express (transit), and CSA Travel Protection (insurance).

The company serves two primary customer segments in parallel: vacationing families and groups seeking luxury mountain accommodations for ski trips, weddings, and corporate retreats; and individual vacation-home owners who contract CB Prop for marketing, booking management, housekeeping, maintenance, and accounting. The company is small (1–10 employees), single-market, and has operated with multi-year owner and guest relationships but no disclosed institutional backing or expansion outside the Crested Butte/Mt. Crested Butte corridor.

Name

Crested Butte Property Management

Legal name

Crested Butte Property Management

Website

https://cbprop.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Crested Butte Property Management is a private Colorado-based vacation rental and full-service property management firm operating a portfolio of 22 short-term rental properties in Crested Butte and Mt. Crested Butte, serving leisure guests and individual vacation-home owners.

Ownership category

akta.pro rank

Product category

Vacation Rental Property Management

NAICS

Residential Property Managers (531311)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Mountain & Ski Homes (THAMAAAG)

akta.pro secondary industries

Resort & Branded Residence Vacation Rental Management (BPAJAIAE), Luxury Chalets & Ski-In/Ski-Out Homes (THAMAEAD)

Keywords

• Vacation rental management
• Property management services
• Short-term rentals
• Luxury vacation homes
• Ski-in ski-out rentals

Headquarters

HQ city

Crested Butte

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Short-term Vacation Rental Income: Nightly rental fees from 22 vacation properties ranging from $544 to $12,331 per night depending on property size, location, and season. Properties include individual cottages, townhomes, and bundled multi-property options.
2. Property Management Services: Full-service property management for homeowners including booking management, guest communication, housekeeping, maintenance, and accounting services. They manage homeowner properties and take a percentage of rental income.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Crested Butte Property Management operates 22 vacation rental properties in Crested Butte and Mt. Crested Butte, Colorado, including the flagship Academy Place enclave of six luxury cottages and six townhomes, and offers ski-in/ski-out properties plus multi-property bundles for large groups. The company rents these properties directly to vacation guests on a nightly basis and provides full-service property management for individual homeowners covering marketing, bookings, housekeeping, maintenance, and accounting.

Product overview

Crested Butte Property Management operates a portfolio of 22 vacation rental properties in Crested Butte, Colorado, ranging from individual luxury homes to bundled property combinations. The core product is Academy Place, an enclave of 12 luxury properties (6 cottages and 6 townhomes) offering mountain-luxury accommodations. Individual properties include Casey's Slopeside (ski-in/ski-out) and various cottages and townhomes. Bundled offerings combine multiple properties for large groups, with The Whole Enchilada offering the largest capacity (89 guests). Services include concierge, vacation activity planning, and property management for homeowners.

Differentiator

Problem solved

Functional benefit

Brands

• Academy Place: A luxury vacation rental enclave in the Town of Crested Butte featuring six luxury cottages and six townhomes with mountain luxury style and modern amenities.

Quantifiable outcome

• 22 properties managed across Crested Butte and Mt. Crested Butte
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Butte & Co Ski & Snowboard RentalscoreStrategic or Co-development PartnerPreferred ski and snowboard equipment rental partner offering guests discounted rentals (up to 25% off advance reservations) and complimentary delivery service to rental properties. Also offers 50% off kids rentals with adult online reservations. Provides slopeside overnight ski storage and lounge facilities.
• Mountain Express Bus ServicecoreStrategic or Co-development PartnerFree year-round bus system connecting Crested Butte and Mt. Crested Butte. Operates every 15 minutes during ski season and every 40 minutes during summer. 6-7 minute ride from Mt. Crested Butte to downtown. Convenient stops throughout town.
• Gunnison Valley RTA (Friends of Flight Program)minorStrategic or Co-development PartnerFree bus service loop between Gunnison, Crested Butte, and Mt. Crested Butte for airport connectivity and regional transportation.
• Generali Global Assistance / CSA Travel ProtectioncoreStrategic or Co-development PartnerProvides travel insurance and accidental damage protection plans offered with reservations. Travel insurance recommended due to remote mountain location. Accidental damage protection covers unintentional damage to property interiors with maximum benefit of $5,000.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Vrbo (Expedia Group): Vrbo is a leading vacation rental marketplace and key distribution channel for properties like CBPM's. As part of Expedia Group, it competes with boutique managers by aggregating demand at scale and increasingly professionalizing property management.
• Airbnb: Airbnb is a global short-term rental marketplace that competes with CBPM both as a distribution channel and increasingly as a full-service management partner. While not a property manager by default, its scale and brand make it a structural competitor for both owner bookings and direct guest demand.
• ResortQuest by Wyndham Vacation Rentals: ResortQuest by Wyndham is a branded vacation rental management network within a global hospitality company. While its footprint in Crested Butte specifically may be light, it competes for the same mountain-resort owners and luxury group guests via professional, multi-property management.

Direct peers

• RedAwning: RedAwning is a vacation rental distribution and management company focused on professionally managed short-term rentals. It overlaps with CBPM in both the property management service offering and the marketing/distribution function for owners.
• Vacasa: Vacasa is a large-scale vacation rental management company that handles marketing, booking, housekeeping, and maintenance for property owners across hundreds of destinations — including mountain resort towns like Crested Butte. It is the most directly comparable business model to CBPM's full-service property management plus rental income operation.
• Evolve Vacation Rental: Evolve is a vacation rental management company that partners with homeowners to list and manage short-term rentals across U.S. mountain and leisure markets. Its lighter-touch, owner-friendly model competes head-to-head with CBPM for owner contracts in mountain destinations.
• iTrip Vacations: iTrip Vacations is a franchise-based vacation rental property management company with strong presence in ski and mountain resort towns. It offers near-identical services to CBPM (full-service management, guest booking, housekeeping) and competes for the same owner customers.
• SkyRun Vacation Rentals: SkyRun is a vacation rental management and marketing company operating across North American resort destinations including ski towns. It is comparable to CBPM in providing professional management for individual homeowners alongside bundled larger-group stays.

Regional players

• SummitCove Lodging (Keystone, CO): SummitCove Lodging is a Colorado mountain resort property management company focused on Summit County (Keystone, Dillon). Although it operates in a different Colorado ski market rather than Crested Butte directly, it shares the same mountain-luxury short-term rental management business model.
• Crested Butte Vacations (CB Vacations): Crested Butte Vacations is another large property management and vacation rental operator serving the Crested Butte and Mt. Crested Butte market. It is the most direct local competitor to CBPM, mirroring its services and target customer base within the same geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cbprop
• Facebookfacebook.com/cbprop
• LinkedInlinkedin.com/company/crested-butte-property-mgmt

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crested Butte Property Management