123 N Oak Street, Telluride, CO 81435 (MLS# 42886)

Disclosures: None

Style: Victorian

Covered Parking: Garage

Substructure: Unfinished

Heat: Other

Water: Public

Gas: Natural

Electric: Power Company

Roof: Shake

Exterior Finish: Wood (Painted)

Special Location: None

This 4-bedroom/5-bedroom home was designed by award winning Peter Sante of Sante Architects. This is an opportunity to complete the transformation of 123 N Oak into a prominent home in Telluride's most desirable and convenient residential street. Located one block off main street it is centrally located near the Sheridan Opera House Restaurant and Bar. The Elementary School, open space parks, the downtown core shopping area and the Pharmacy are also just one block away! Skiing and hiking trails on the ski resort are just 2.5 blocks walk away. The properties layout has been modernized with the significant addition of a full sized basement- shaving off no less than two years of build time and tripling the basement footprint to 1,334 SF. The total square footage went from 2,034 to over 3,400 SF. The design plans include a fenced in front yard area, a heated hot tub deck, AV room, and a parking barn/garage to name a few. Here one skips ahead to the front of the line for moving in as 123 North Oak's projected completion will be in 18-24 months. The difficult part is over now while the fun phase of finishing out begins! Property Highlights; -1-minute walk to all Telluride's historic core -Adjacent the the Sheridan Opera House, Restaurant and Bar built in 1891 -Within 1 block of Main streets' restaurants, boutiques, shopping, bakeries, the pharmacy, the elementary school, more parking, open space parks -Parking on site -The free Oak Street Gondola is 2.5 blocks away! Skiing, hiking, mtn biking or jaunts to the Mountain Village are easy access -Separate Garage with shed -Outdoor spaces: front fenced in yard. Rear heated entertaining deck with sunken hot tub that joins the front house to back house/barn -Located on the Sunnyside of downtown with views of mountain hillsides surrounding the town, the ski resort, Ingram Falls to the east. -Pre approved HARC exterior architectural plans (years in the planning & completion) -An upscale neighborhood with the most exclusive homes with hillside views -Centrally located, Walkable, Accessible and Scenic charm 123 North Oak is a gateway property to the town's most desirable neighborhood of historic aesthetic significance, character and ambiance. This is the street where the prominent class lived in the mining boom town era. The bankers, the mine owners and the professors and doctors built homes on Oak. You'll notice no one cut down the trees on this street for firewood and now they are more prolific and mature than any in town. The Original build was in 1891. Prior to the 1890's Telluride had few significant residences or important structures. Many homes were simple wood structures with no foundations because miners just came and milled with no sense of permanency. On the south side of main street Miners' shanties were more common than the decorative permanent residences located above main street; like Oak St. Two culturally significant mechanisms of change happened in 1890. Together, they ushered in Telluride's boom town era. The implementation of the Rio Grande railway increased access to a hard to reach Colorado mining town. And the invention and operations of a commercial AC power plant via the work of Nikola Tesla, Westinghouse and L.L. Nunn. These two progressions made Telluride more accessible and switched mining operations from coal to electricity. By 1897 San Miguel County was one of Colorado's principal mining and milling centers, ranking 3rd in Gold production and fifth in silver. After the railway arrived Telluride experienced its greatest boom and within ten years the population grew from 766 people to 2,466. By 1987, silver prices fell, labor costs increased and the boom town mining era slipped away. During the Depression the population had dropped back to 505 people and the next boom occurred with the development of the ski resort. The design review of alterations of historic buildings, in national historic zones, as well as new construction, has maintained the character of the historic town. 123 N. Oak honors this architectural and cultural past. SF 3,400 under roof per architect plans Bedrooms: 4 Bathrooms 5 Utilities: Town water, sewer, Natural Gas, Electric, Phone, Internet Transfer Tax: 3% Telluride RETT Historic status: Non Contributing with Qualifications. The separate barn is contributing structure to the National Historic Landmark zone according to the Telluride Architectural Review Commission guidelines.