Saturday, October 19, 2002
Steamboat Springs Other families can now use what had been a family retreat for the Bob Adams family for more than 30 years.
Mountain Castles Inc. is the management company for The Chateau at Lake Catamount, a family compound on six acres perched on Rabbit Ears Pass and overlooking Lake Catamount.
The property sleeps 26 people with a main 5,500-square foot ranch house and 2,000-square-foot, two-story guesthouse. There is also a 2,670-square-foot caretakers unit.
Travelers Group Trust bought the property for $1.45 million at an auction Aug. 18. The trust selected Mountain Castles as the management company, which manages more than 100 homes in Steamboat.
Fred Luhm, who owns the company with his wife, Clarice, said it is different from any other property the company manages.
"This is the first time (this property) is offered to the public," Fred Luhm said. "As far as what it means to me, it will become absolutely one of our most premier properties. This isn't the largest, but it is certainly the most unique."
Fred Luhm said the property's greatest assets are its views, views, and views. The property offers a panoramic view of the Yampa Valley with Lake Catamount sitting directly below the property and the Flat Tops looming in the distance.
The property offers other amenities like the10-person, 1,000-gallon jetted spa, lighted tennis court, outdoor swimming pool and a large deck with a charcoal and propane cooker and Texas-sized barbeque pit and rotisserie.
Clarice Luhm said it is perfect for large family vacations or reunions, weddings or corporate retreats.
And, even though the property management company just took over the property in September, bookings have already been made.
"There are not too many places in Steamboat, other than big hotels, that you can have nice big weddings, nice big family reunions," Clarice Luhm said. "Our other big homes rent, very, very well. People love to come to Steamboat for weddings, family reunions and corporate retreats."
Adams, the owner of Energy Fuels, bought the property in 1969 when there was just a barn and tiny caretaker's unit.
After Adams passed away in 1982, his daughter, Lynn Abrau, inherited the property.
For years, she had the property on and off the market and decided to auction it this summer.
On Friday, the company invited 200 to 300 people to an open house to look at the compound. Mountain Castles manages one other property that sleeps 26 people, but Fred Luhm said this addition is an added boost to his company.
"It is really a validation of our capabilities and where and what we want to be," he said. "It is the kind of property we want."