Pioneers and silver prospectors came to the valley in the 1850s. In 1871, during the Hayden Geological Survey, many of the peaks around Snowmass were named. The famous Mt. Daly, known for its prominent granite stripe, was named for then-president of the National Geographic Society, Augustus Daly. Capitol Peak, with its distinct triangular apex, was named to pay tribute to the Washington, D.C., Capital building.
Ranchers and settlers began to replace prospectors in Snowmass Village in the 1890s. One of the more prominent settlers was a silver prospecting Swede named Charles Hoaglund. He first settled in Brush Creek to raise cattle and sheep as well as harvest wheat and hay, and he ended up establishing the Brush Creek Frontier School in 1894. His daughter Hildur Hoaglund taught at the school for 40 years. It was later re-named the “Little Red Schoolhouse,” which still exists today as part of the renowned Anderson Ranch Arts Center.