A condominium or home is divided into “shares” (usually from 4 to 10). Each buyer acquires fee simple title to his/her share of the property and gets to use that property according to a predetermined (and adjustable) schedule.
Our Property Types
Different TYPES of Properties in the Telluride areas
What's your preference? In-Town Close to the Action? Roomier Subdivision Homes Nearby? Larger Rural Tracks with Homes up on the Mesas? Quaint Valley Homes?There are many ways to get in on the real estate action in the Telluride area. Quite often interested buyers start looking at certain types but wind up going for something completely different. This is often due to the fact that the client never had a good idea of the many available market options.
So that you might know better what to start looking for we give you the following quick synopses of prices and availability of the different types of Telluride real estate offerings. We hope you might find some new forms of real estate ownership intriguing.
Ranches on the Mesas
From $350,000 to $23 million
Many stunning parcels of land (many with substantial homes and barns) on the outlying rolling mesas to the West of Telluride and Mountain Village have been improved with the installation of essential services, including buried electrical lines and substantial country roads. Some remain as active ranches with livestock, while others are gentleman ranches for residential and recreational purposes only.
From 35 acres to 1700 acres in size, these ranches offer wonderful getaways for those who love open spaces, privacy, beautiful views and western outdoor living. Some have homes already; others are just waiting for you to build your dream house!
Click Here to See Ranches / Mesas Properties
Single Family Homes
From $800,000 to $23 million
Generally, the farther you go from the town of Telluride, the cheaper are the prices. Mountain Village and Telluride are usually considered the best locations and therefore have the highest priced lots and houses. Aldasoro Ranch and Mountain Village have larger lots, bigger houses, and more privacy. Some of the older subdivisions such as Hillside, Ski Ranches, and Last Dollar are out of town and less expensive than Aldasoro and Mountain Village. Further out of town in Placerville, Ophir, and Sawpit you will find even lower priced land and homes.
Click Here to See Single Family Homes In All AreasCondominiums
From $300,000 to $3.9 million
Located primarily in Telluride and Mountain Village, condominium projects offer a number of varieties and choices. The lower priced condos have been gobbled up over the pandemic years, therefore creating a low supply and price jumps which remain today even as inventory has been rising lately. Several new projects with very high-quality units and large square footage are priced from $5 million to $15 million. These are located both in Telluride and in Mountain Village.
There are several very capable management companies in the area that can handle rentals of your condo when you are not using it. This is a great way to defray some of your ownership expenses.
Click Here to See Condos in Major Areas
Fractional Ownership
From $25,000 to $975,000
Fractional ownership - although being slammed publicly in advertisements - is still a popular alternative to single ownership of vacation property in our area.
How it works
Vacant Lots
From $200,000 to $15 million
The few remaining lots in the town of Telluride are generally small (.05 acre to .96 acre) and cost approximately $300 per square foot or approximately $750,000 to $3.4M for a single 25 foot wide lot. There are not very many available lots for sale in the town of Telluride.
In Mountain Village, vacant lots run from 1/5 acre to 6.0 acres in size and are priced from $299,000 to $14 million. Ski-in/ski-out lots are the most desired and most expensive whereas vacant lots around the golf course offer huge mountain views and open spaces.
Click Here to See Vacant Land in All AreasIn the surrounding subdivisions, vacant lots are larger – roughly from 1/2 acre to 6 acres – with prices from $350,000/acre to $500,000/acre depending on size, views, location, terrain and vegetation.
Several "ranch divisions" (subdivisions with 35 acre parcels) are within 15 minutes drive of Telluride and offer seclusion and privacy while being very close to the "action". These also offer tremendous views and run from about $3M to $6.5M in price.
Deed Restricted Properties (Local Residents Only)
For people who live and work in Telluride, there are some properties restricted by their zoning, which keep the prices at lower than free market prices. These parcels are “deed-restricted” to ownership by employees only. The prices started below market when originally designated and have remained lower than market prices when compared to similar properties. Two subdivisions that have high concentrations of deed-restricted property are Lawson Hill near Society Turn and The Meadows area of Mountain Village.
Click Here to See Deed Restricted Properties