From your post, OP it sounds like you think she has higher SMV than you do (whether you realize that or not.) When this happens she is on a pedestal as Poon King stated, and you have no frame, zero, nada.
Hot women have men drooling over them constantly. Everybody knows that, but I don't think people other than hot women fully understand that the attention (much of it unwanted) is all the time, and I mean
ALL. THE. TIME.
It is part of the daily landscape as she goes about her day or night or whatever. It is present in every interaction she has with everyone, from the men who constantly look her over at the store, at work, on the street, at school, the bar, the repair guy, people in the next car over at the stop light, everywhere; to the women who tell her they like her dress/shoes/hair/whatever. It can be a bit creepy at times honestly. It is what IS in her world 24/7/365. To be frank it can be annoying because everyone sees the package, not the person. So if you want to stand out (whether with her or any other woman you consider "hot") you have to be the guy who is cool and unimpressed; the man who is NOT gushing about "you're so beautiful", etc.
You have to appreciate who she is, not what she looks like. Yes I know physical attraction is important but if you can't get her on the level (again - off the pedestal) as a person then you have no chance, none. If you are the cool guy, you are the exception in how she experiences the world around her. The man who is ambivalent about her looks she is drawn to rather than put off by, which is what both you and she want on a subconscious level. You become intriguing just by being nonchalant.
The best way I can relate men who gush to a pretty woman is to think of it like a super happy dog who just is SO excited to see you, can't stop jumping on you, can't stop licking you, with no regard for the dog breath, the muddy paws, or the messing up the clothes. It gets annoying fast, as in yesterday, and screams all the wrong things (insecurity, desperation, oh my God I've never been this close to a hot woman before), you get the picture.
You have to get beyond her looks to get to know her as a person. And as you get to know her (looks aside) you need to evaluate how she fits what YOU seek. How does she fit into YOUR world (or maybe she doesn't)...and in doing this you become someone she is interested in getting to know, because you aren't being the eagerly slobbering dog that she constantly comes across in subtle and less than subtle ways.
She is not an object, she is a human being. Just like you. Start there and treat her like you would anyone else you want to ask out/spend time with. And know that if you take her out, she is going to turn heads, and that people are going to try to chat her up all the time. You have to be prepared and confident enough in yourself that you take the attention she creates as a positive reflection on YOU since she has the good taste to be out with YOU. Insecurity will slay you with hot women. So be sure you are prepared to handle yourself, treat her normal (no pedestal) and get on with it.
Long distance can be tough. But see her as an opportunity to practice your nonchalant attitude when you do see her, and use that to your advantage on girls who are more local.