501 E Colorado Avenue, Telluride, CO 81435 (MLS# 44885)


$17,500,000
501 E Colorado Avenue
Telluride, CO 81435
MLS# 44885
5 beds


501 E. Colorado Avenue
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501 E. Colorado Avenue Canopied Entryway Living Room Living Room Living Room Living Room Dining Area Chef's Kitchen Chef's Kitchen Chef's Kitchen Sun-Soaked Staircase Primary Suite Primary Suite Primary Balcony Primary Bathroom Primary Bathroom Tub Views Guest Suite One Guest Suite One Guest En-Suite Bath Wellness Studio/Bunk Room Guest Parlor Guest Parlor Guest Parlor Wet Bar Guest Suite Two Guest Suite Two Guest Suite Two Guest Bathroom Guest Suite Three Guest Suite Three Guest Suite Three Views Guest En-Suite Bath Guest En-Suite Bath Guest Suite Four Aerial Views 501 E Colorado Summer Aerial Bear Creek Sunset 501 E Colorado Lot 501 E Colorado Lot Town Park Proximity 501 E Colorado Fall Aerial 501 E Colorado Fall Aerial 501 E Colorado Fall Aerial 501 E Colorado The Telluride Lifestyle Outdoor Entertainment 501 E Colorado The Telluride Lifestyle 501 E Colorado

Property Description
Just two blocks from the heart of historic downtown Telluride and directly across from its iconic Town Park, home to Telluride's summer festivals, this highly coveted location boasts an elegantly remodeled Victorian home nestled on three spacious lots, which span nearly 10,000 square feet of property. The residence captures panoramic views of Bear Creek, Ballard and Ajax mountains, with Bridal Veil Falls to the east and Telluride's Ski Resort to its west. Comprising nearly 5,000 square feet, this five-bedroom, four-and-a-half-bath residence with attached two-car garage and private guest suite features a bright, open floor plan on both the main and upper levels. Please see video in the Photos.

Details
Documents
Keywords Info
Bedrooms: 5
Flex Room: 1
Full Baths: 4
Half Baths: 1
Age: 40+ Years
Deed Restrict: None
General Info
Nbr of Acres: 0.21
Irrigation Y/N: Yes
Land SqFt: 9375
Subdivision: None
Zoning: Residential
Legal: Lots 18, 19, & 20. Block 28, Town of Telluride
Est Finished SqFt: 4172
Source SqFt: Assessor
Year Built: 1983
Year Remodeled: 2013
Directions: When pulling into the Town of Telluride, stay straight on Colorado Ave., also known as Main St., until you approach Town Park on your right. Across the street is 501 E Colorado Avenue. You've arrived.
Financing Info
Assessor's Acct #: R1015002071
Taxes: 26735.51
Tax Year: 2025
RETT: 3% Telluride RETT
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Listing Location Info
Current Price: $17,500,000
Sub-Type: Within Township/City Limits
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 17500000
Street #: 501
Street Direction Pfx: E
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Active
Property Features
Disclosures: RETT
Furnished: Partial
Style: Victorian
Construction: Frame
Covered Parking: 2 Car
Open Area Parking: 2 Car
Substructure: None
Heat: Baseboard; Gas; Hot Water; Radiant in Floor
Fireplace: Artificial Gas Logs
Water: Public
Gas: Natural
Electric: Power Company
Communications: Regular Phone
Roof: Metal
Exterior Finish: Wood (Painted)
Access: Paved
Special Location: Main Street; Near Park; North of Colorado; Open Space
Appliances: Dishwasher; Disposal; Dryer; Freezer; Gas Oven/Range; Microwave; Refrigerator; Washer
Extras: Air Conditioning; Detached Garage; Fence; Fire Pit; Garage Door Opener; Gated; Hot Tub; Patio/Deck; Secondary Kitchen; Security System; Storage Shed; Wet Bar; Window Coverings; Work Shop
Supplements
With ample space for guests, as well as a wellness fitness studio (or bunk room conversion into a sixth bedroom), the layout affords all a private space to relax and rejuvenate. Outside, an eight-person hot tub and built-in grill and fire pit are perfect for year-round entertainment, whether it's après-ski season, summer hiking and biking, or enjoying music and the autumn hues in Telluride's Town Park. What's more, this offering is further distinguished by its capacity to expand. The residence occupies two of the property's three lots -- the third with potential for an entirely separate residence or an additional guest cottage for the main house. Schematics from award-winning Telluride architect Peter Sante are already in place, beautifully charting and complementing the existing home; it is primed to be developed. Telluride Town Park lies just steps from the front door: the town's 36-acre central recreation hub, home to the kids' fishing pond, pool, tennis courts, and Nordic skiing, and host to Telluride's world-renowned music festivals, enjoyed right from the home's porch swing. Holdings of this scale and in this location rarely reach the market, and when they do, they do not stay long. 501 East Colorado Avenue is not simply a house for sale; it is one of the last true legacy properties the east end has left to offer.

IDX
Listing Office: Telluride Properties
Listing Agent: Brian O'Neill

Last Updated: September - 08 - 2026

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