April 2023 Telluride Market Update

Telluride Lodge

747 W Pacific Avenue Units #541 & #542
New Price: $4,750,000
 
        
A rare opportunity to own the arguably the best location at Telluride Lodge, known for spacious floorplans, outdoor space and lower HOA dues. This completely redesigned/engineered property at the southern 500 building is a unique opportunity to own the entire corner and consists of two separate but connected turnkey residences. No detail was overlooked during a complete top-to-bottom redevelopment/expansion by Richardson Construction. Ideally positioned across from Coonskin Lift and River Trail, it’s also steps from the market and Davis & Pacific restaurants/shops. #541 has 3 bedrooms with baths ensuite. #542 is elevated affording amazing light, views with 3 bedrooms, 2 baths.
 
For buyer’s looking for a “deal” in Telluride’s rising market–this is it:
  • Purchase combined 541 & 542 at a price per square foot below market average
  • The property is short-term rented through Exceptional Stays and is a unique opportunity to rent as a 6-bedroom compound or, use one 3-bedroom and rent the other.

Telluride Market Update

See how the Telluride market performed through March of this year.

Market data through the first part of 2023 shows overall sales volume and number of transactions are down from 2022. Less buyer demand equates to a more balanced negotiating position for today’s buyers. Get in touch to review the broader 5-year perspective which demonstrates how the market volume is balancing after 3 years of intense activity, we’re maintaining property values and price per square foot values and fewer days on market–making it both a good time to buy or sell.

Spruce Up Your Outdoor Spaces

As the weather warms up and days become longer, Coloradoans are spending more time outside. Follow these tips to get your home and garden ready for spring, so you can enjoy sunny days in the mountains to the fullest.

Sustainable Home Features

In addition to desirable location, award-winning schools, and luxurious finishes, many buyers are adding eco-friendly features to their wish list for homes.
From solar panels to reclaimed timber to LED bulbs, check out these tips to green up your space.
April SNOW showers bring almost a foot of fresh powder to our now closed ski resort–bring your touring gear!

 

 

Telluride Real Estate, Luxury Homes Telluride, Telluride Properties, Homes for Sale Telluride, Mountain Real Estate Telluride, Telluride Ski Homes, Colorado Mountain Homes, Telluride Condos for Sale, Telluride Ranch Properties, Real Estate Agents Telluride, 
Telluride Real Estate, Luxury Homes Telluride, Telluride Properties, Homes for Sale Telluride, Mountain Real Estate Telluride, Telluride Ski Homes, Colorado Mountain Homes, Telluride Condos for Sale, Telluride Ranch Properties, Real Estate Agents Telluride

Check out this article next

March 2023 | Living Telluride Real Estate Trends

March 2023 | Living Telluride Real Estate Trends

LIVING TELLURIDE Featured Property Telluride Lodge 541-542

We're sorry, but we couldn't find MLS # 41388 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Telluride Market Update Telluride Market Report of performance through February of this year. The first quarter…

Read Article