Market Report on Deep Creek Mesa Properties
3 miles west of Telluride
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:
35 Acre Parcels:
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.