I think it is. I was there but it was with an excursion horse riding. Picked up by mini bus.
Any Marshrutka going to Simferopol will stop on the main road and let you off. It would be a few miles from the main road if you are walking. I would not know if there is a bus service up the country road maybe not.
A service bus will
There maybe another way from the coast side. If you went to the bus station in Alushta and hired a taxi he would take you up and it would not cost much. I would not give anymore than 3.00 to 4.50 pounds one way.
Its fantastic around there. I have some pics. Drop me a mail if you want to see them at email@example.com
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