501 W Colorado Avenue, Telluride, CO 81435 (MLS# 38867)


$2,500,000
501 W Colorado Avenue
Telluride, CO 81435
MLS# 38867
Status: Closed
4 beds


501 West Colorado Avenue
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501 West Colorado Avenue 501 front and rear residence 501 North West View 501 West View 501 North East View 501 North View 501 South Facing View 501 looking up Main Street 501 W Colorado Ave-011-011-Exterior Sid 501 eastern perspective

Property Description
Situated in the center of historic Telluride and on the corner of two prominent streets, this duplex residence and back historic home offer a wealth of opportunities. Two bedrooms and two baths on each of the upper and lower flats. Rent or live in the individual residences as an investment property or the residences could be re-developed into a single family home with a back rental unit. Out the front door is Telluride's Main Street, skiing and downtown's restaurants-shops. Private off-street parking in the back.

Details
Listing & Location Info
Major Area: 10
Lot #: See legal
Keywords Info
Flex Room: None
Age: 21 - 40 Years
Deed Restrict: None
Bedrooms: 4
Full Baths: 4
General Info
Land SqFt: 3901
Nbr of Acres: 0.09
Irrigation Y/N: Yes
Zoning: Historic Residential
Legal: SITE 501 COLORADO PLACE PUD-full legal to be provided and verified by title.
Est Finished SqFt: 3526
Source SqFt: Surveyor
Directions: 501 West Colorado located at the corner of Colorado Ave and Townsend.
View 1: Ski Area
View 2: Ballard-Ajax
Subdivision: None
Year Built: 1985
Financing Info
Taxes: 5820.54
Tax Year: 2020
RETT: 3% Telluride RETT
Assessor's Acct #: R1010070501
Utility Info
Phone Lines: Regular Phone
Primary Heat: Forced Air
Disclosures
Flood Plain: 1
RETT: 1
Substructure
Unfinished: 1
Exterior Finish
Wood (Painted): 1
Furnished
None: 1
Water
Public: 1
Roof
Metal: 1
Sanitation
Sewer: 1
Open Area Parking
2 Car: 1
Special Location
Main Street: 1
Gas
Natural: 1
Electric
Power Company: 1
Heat
Gas: 1
Secondary Buildings
Guest House: 1
Listing Location Info
Current Price: $2,500,000
Sub-Type: Within Township/City Limits
Area: Town of Telluride - 11 (Major Area 10)
Asking Price: 2495000
Street #: 501
Street Direction Pfx: W
Street Name: Colorado
Street Suffix: Avenue
City/Town: Telluride
County: San Miguel County
State/Province: CO
Postal Code: 81435
Status Change Info
Status: Closed
Under Contract Date: 2020-10-16
Sold Date: 2020-12-15
Sold Price: $2,500,000
Property Features
Disclosures: Flood Plain; RETT
Furnished: None
Open Area Parking: 2 Car
Substructure: Unfinished
Heat: Gas
Water: Public
Gas: Natural
Electric: Power Company
Roof: Metal
Exterior Finish: Wood (Painted)
Special Location: Main Street
Secondary Buildings: Guest House
Room Information
Room Name Level
Bedroom 1Main
Bedroom 2Main
Full BathroomMain
Full BathroomMain
Bedroom 3Upper
Bedroom 4Upper
Full BathroomUpper
Full BathroomUpper
KitchenMain
KitchenUpper

IDX
Listing Office: LIV Sotheby's International Realty- MainSt
Listing Agent: Jake McTigue

Last Updated: January - 24 - 2026

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