Not too far from the groomed slopes of Telluride, over a mountain in a remote valley of Colorado's San Juan Mountains, lies Dunton Hot Springs. This former ghost town has been painstakingly restored, with many original features preserved; in addition, several historic structures have been hauled in from other parts of Colorado.
Many of the tin-roofed, hand-hewn log cabins boast their own private hot springs; for those without, there is a large communal pool. The compound also includes a library, a dining room, and a spa; it all adds up to rustic luxury at its best.
N.B. For those so disposed, the whole town is available for rent.
N.B.: This post is an update; the original story ran on January 1, 2010.