On the Market for Nov. 23

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Reid takes the lead at Alpine Mountain Ranch

— Bill Reid, a veteran of the development community in the Teton region of Wyoming and Idaho, has assumed a leadership role at Alpine Mountain Ranch & Club in Steamboat Springs. On the board effective Nov. 3, Reid is chief operating officer for the management, marketing and sales of the ranch, which is just outside the southern city limits.

"Given the playing field in development of fine communities these days, Andy (Daly) and I wanted to invest in someone with quality experience to manage the investment we have in Alpine Mountain Ranch & Club," Bill Butler said. He is chairman of Corporex Companies and co-developer of Alpine Mountain Ranch.

Reid spent four years as CEO at Teton Springs, an all-season resort community near Jackson Hole, Wyo. It includes 625 homesites, a fitness/pool complex, a hotel, golf and fishing.

Historic Light home sells for $1.8 million

The 1909 Edwardian home of pioneer Steamboat Springs retailer Francis Marion "F.M." Light sold last week for $1.8 million.

Listing broker Nick Metzler of Colorado Group Realty put the home on the market for $2.2 million in June. The selling price was supported by the fact the five-bedroom home occupies 1 acre comprising three city lots.

The sellers were Jerry and Diane Light Parnell. She is the granddaughter of F.M. Light, who moved his family here in 1905 and wasted little time in securing the home site for $850.

In winter 1908, sandstone blocks from the stone quarry on Emerald Mountain were procured to make the basement foundation and walls of the main house.

A miscalculation caused the basement floor to be out of level and a stonemason named Carl Howelsen skied in from Strawberry Park to correct the situation. Howelsen went on to establish Steamboat's famous Winter Carnival.

The home is on the state's register of historic places.

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