Telluride Neighborhood Market Report
Looking for a Telluride, Colorado property? First, let’s define Deep Creek Mesa properties of course the Aldasoro Ranch subdivision, Sunnyside, Last Dollar Subdivision, Meadows at Deep Creek Mesa, Deep Creek Ranches, Diamond Ranch, Aldasoro Ranch, Golden Ledge and Grey Head.
Deep Creek Mesa has southern exposure, sun and spectacular views of the Wilson Range (San Miguel Mountains) the Ski Area, Town of Telluride, Ilium Valley, the San Sophia Ridge and Grey Head. Truly 360 degree views. Deep Creek Mesa has been a very popular residential area because of the sun, views and wildlife.
Like most real estate markets in the US and the Telluride area in particular, Deep Creek Mesa is waking up from a recession slumber. In general the residential improved properties have had some more activity than the vacant land parcels, this is probably due to the fact that because of the recession many improved residential properties have been offered for sale at or below replacement cost. Some of the most notable of the last two years sales are of course Pagomo in Grey Head for $13,200,000 and 387 Two Creeks Drive in Sunnyside for $6,150,000.
Most likely as soon as some of the lower valued (about a handful) improved properties sell or contract vacant land will start picking up again. The following I see as a good value for this summer’s sales season:
Improved Properties:
- 335 Old Toll Road ● Ask Price $2,799,000 ● MLS #30516 ● 4 bed ● 4 bath ● 5,686 SQFT ● 4.21 Acres
- 55 Old Toll Road ● Ask Price $2,395,000 ● MLS #30628 ● 5 bed ● 3.5 bath ● 4,244 SQFT ● 3.37 Acres
- The above two properties are located in the Meadows at Deep Creek Mesa Subdivision, no transfer tax, Dogs are allowed, both have a fireplace or wood burner, free cable TV, Internet and phone.
- 217 E Serapio Drive ● Ask Price $2,259,000 ● MLS #25064 ● 5 bed ● 4.5 bath ● 5,018 SQFT ● 3.4 Acres
- 106 Miguel Road ● Ask Price $3,100,000 ● MLS #30217 ● 5 bed ● 5 bath ● 6,335 SQFT ● 3.08 Acres
- 209 Aldasoro Road ● Ask Price $2,475,000 ● MLS #30922 ● 5 bed ● 5.5 bath ● 5,498 SQFT ● 2.77 Acres
Vacant Land:
- Aldasoro Lot 105, TBD Basque Road ● Ask Price $630,000 ● MLS #30462 ● 1.8 Acres
- Aldasoro Lot 103, 305 Basque Road ● Ask Price $595,000 ● MLS #29903 ● 4.54 Acres
- Meadows at Deep Creek Mesa Lot 6, TBD Old Toll Road ● Ask Price $599,000 ● MLS #31350 ● 4.3 Acres
- Aldasoro Lot 45, TBD Aldasoro BLVD ● Ask Price $549,000 ● MLS #27503 ● 2.12 Acres
- Aldasoro Lot 51, 109 Aguirre Road ● Ask Price $619,900 ● MLS #30981 ● 2.77 Acres
35 Acre Parcels:
Golden Ledge, Parcel #6, TBD Three Sisters Way ● Ask Price $1,695,000 ● MLS #31497 ● 35 Acres
The seller wants this property gone this summer, bring offers.
I hope this gives a good market overview for Deep Creek Mesa. If you want views, sun and elk please take a tour of Deep Creek Mesa.
