This is one of the loops that I want to do this summer on the mountain bike. Being able to do a ride from town is always better than driving to the trailhead in my opinion, and it can make for a great, all day adventure.
Continental Divide Trail from town
Ride from Satchel’s house down the bike path to the east side of town until you hit Hwy 40.
Take Hwy 40 to County Road 199 (Up the west side of Rabbit Ears Pass)
Take a left onto Co Rd 199 to Dumont Lake, ride past the lake/campground to the singletrack
Follow the singletrack for hours until you get to Buffalo Pass Rd
Ride down Buffalo Pass Rd towards Steamboat until you hit the Grouse Ridge trailhead
Ride down Grouse Ridge to Dry Lake Campground then cross the road to Spring Creek trailhead
Ride down Spring Creek back in to town and eat at the Double Z
That would be awesome.