Telluride Affiliates

 
November 2005

Artisan's Hideaway
Year of the Incumbent
Luxury Hotel for MV
Winter Flight Schedule
Aux Pieds des Pistes
Wild Skies Ranch
232 North Willow
744 Wapiti
Lot 719
The Cornerhouse Grille
Market Activity
Calendar of Events
The Affiliates Team

November has come in like a lamb, but that hasn’t slowed preparations for ski season. Last Friday the upper parts of the mountain received six inches of wet snow, ideal for base-building, and KOTO held its annual Ski Swap. Temperatures permitting, the ski area is busy making snow to connect the upper parts of the mountain with lifts and access trails and we received a bit more snow Monday night. The ski area is scheduled to open November 23rd with Donation Day, a benefit for the Telluride Ski & Snowboard Club. On this day everyone pays $24 to ski or snowboard and proceeds go to the Ski & Snowboard Club. November 24th is the official opening day and all passes are valid.

With the November elections behind us, Telluride elected a Town Council filled with incumbents and voted for an expanded municipal water system, Mountain Village approved the Family Adventure Sports Facility and San Miguel County voters chose to "de-Bruce," or relax TABOR restrictions on county spending. Please see the story below for more information.

For those of you still planning a winter visit, getting to Telluride is easier than ever with non-stop jet service from seven cities including Chicago, Dallas, Denver, Houston, Los Angeles, Newark and Phoenix, but we have heard that the popular flights are filling up fast. For a more detailed flight schedule see the story below.

Finally, Artisan’s Hideaway is our Featured Property of the month. A classic Telluride home, it was built in 1897 and lightly remodeled in 1997. The property has great potential for a full remodel as it offers 1 1⁄2 lots in a great neighborhood. Earlier this month the price was reduced from $1,750,000 to $1,475,000. For more information, contact Jim Lucarelli.

As always, please feel free to drop by the office and say hello when you're in town. We hope to see you soon!

Property of the Month: Artisan's Hideaway »


A classic Telluride home, it was built in 1897 and lightly remodeled in 1997. The property has great potential for a full remodel as it offers 1 1⁄2 lots in a great neighborhood.

Offered at $1,475,000

Read More ...

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Election 2005: Year of the Incumbent In Council Election »

The Telluride Watch
Published:11/4/05
By Seth Cagin

In the past two municipal elections, Telluride voters chose change, defeating incumbents running for reelection and electing challengers who were sharply critical of the way council was doing business. This year the pendulum stopped swinging.

The three incumbent members of the Telluride Town Council who were running for new terms all won on Tuesday. Stu Fraser, Andrea Benda and Mallory Dimmitt will be joined the next time council convenes by Jill Masters, a longtime Telluride resident making her first bid for public office, who campaigned like an incumbent by telling voters that if elected, she would help stay the course with respect to current town policy on major issues.

In addition to choosing a majority of the Telluride Town Council, Telluride voters handily approved bonding for a new municipal water system in Bridal Veil Basin and narrowly rejected an initiated ordinance that would have directed the Telluride Marshal’s Department to give the enforcement of marijuana laws with respect to adult possession its lowest priority.

Voters in the Mountain Village Metro District gave strong support to bonding for a proposed $18 million Family Adventure Sports Facility. In the Telluride R-1 School District election, board president Jenny Patterson was returned to office for another term, joined by Margaret Cruzzavala.

"I’m so pleased that the town supports what its council has been doing," said Fraser, who took the most votes in the council election, with 408. "The results are a positive affirmation of what we’ve been doing for the past two years."

"We have a very dynamic and constructive team and that’s what we need for the challenges that face our community," said Benda. "I encourage everyone to keep us on our toes."

Mayor John Pryor, though his name was not on the ballot, could not help but see the election returns as an indication of support for his administration.

"I’m extremely pleased with the election results," Pryor said. "Our voters can clearly see the benefit of a government that works together collaboratively. It was refreshing to have such a civil and constructive election process. There was really no negative advertising or campaigning. I’m very proud of our community."

Reprinted with Permission from The Telluride Watch, November 4, 2005

Read More ...

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Luxury Hotel Tapped for Mountain Village »


The Daily Planet
Published:11/11/05
By Matt Beaudin

What is now a dirt parking lot in Mountain Village will be getting a bit of a makeover, as a luxury St. Regis Hotel is soon to go up in the Village Core.

The land on which the hotel will be built - Lots 50-51- has been an area of contention in Mountain Village, but is scheduled to sell to the New York-based RAL Development Services on Tuesday for nearly $7 million.

Construction on the hotel is slated to begin shortly after the closing, said Robert Levine, President and CEO of the company.

Levine's company also owns the Inn at Lost Creek, another upper-tier hotel in the Mountain Village. "We've been involved with Telluride for over 15 years," he said. "We're hoping to break ground in the next couple of weeks."

The hotel is expected to open in the winter of 2007.

Levine said that the construction budget for the hotel is near $200 million. In comparison, The Peaks, when it was built in the early 1990s, cost about $100 million to build, Mountain Village Town Manager Kathy Mahoney said.

"We're excited about finally bringing a true flagship property to Telluride," Levine said.

St. Regis has luxury hotels in such markets as New York, Aspen, San Francisco, Rome, London, China and will soon add another ski resort town - Deer Valley, Utah - to its portfolio.

St. Regis' parent company, Starwood Hotels and Resorts, controls Sheraton, Westin and W Hotels, among others.

The Mountain Village has been working with Levine since 2002, but bumps in the design process have stalled development. Levine said he has been working on the idea for the past six years.

The project will provide 100 hotel rooms and 42 condominiums, eight of which will be deed restricted. The property will also feature an ice-skating rink.

"We've worked very hard to bring who we thought would be the absolute premier operator for this property because of the unusual cost and the unusual location," Levine said.

The fact that the hotel was to be a St. Regis was formally announced at Tuesday's Mountain Village Town Council meeting, where a team from the St. Regis gave the council a brief presentation on the line of hotels and resorts, which appeared to impress most of the room.

"We're thrilled," Mahoney said. "St. Regis is a great operator."

The building will also bring 202 parking spaces to the Mountain Village core area, 122 of which will belong to the Mountain Village Metropolitan District. The Mountain Village will manage the parking facility.

The hotel, Levine said, will bring an international name to the Telluride area, and will be the flagship hotel in the region. The Mountain Village Town Council wanted to be assured of that fact, and will require the hotel to maintain a minimum quality rating of four stars. Should the rating fall below that, the St. Regis will be forced to pay the Mountain Village $25,000 for each month it is out of compliance.

Mahoney said a valet service will be provided, but that the Metropolitan District would discuss standards with St. Regis before the opening.

Levine said the hotel could provide as many as 200 jobs.

"It's really been long awaited," he said. "We're hoping that it's going to raise Telluride to another level."

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Winter Flight Schedule »


Whether a specific week or weekend piques your interest, or you are just looking for something different, it is time to start thinking about winter in Telluride and how to get here. This year American/American Eagle, America West Express, Continental, Great Lakes Airlines and United are providing a selection of flights into Montrose and Telluride.

2005-2006 Winter Flight Schedule

 Carrier

From 

 To

Frequency 

Seats / Type 

 American Airlines

 Dallas/ Ft. Worth (DFW)

 Montrose (MTJ)

 Mon. - Fri.

 70 / Jet

 American Airlines

 Dallas/ Ft. Worth (DFW)

 Montrose (MTJ)

 Sat. - Sun. 

 136 / Jet

 American Airlines

 Chicago O'Hare (ORD)

 Montrose (MTJ)

 Sat.

 136 / Jet

 Continental Airlines

 Houston Intercontinental (IAH)

 Montrose (MTJ)

 Daily (2 Flights on Sat.)

 124 / Jet

 Continental Airlines

 Newark (EWR)

 Montrose (MTJ)

 Sat. (2 Flights)

 124 / Jet & 104 / Jet

 Continental Airlines

 Los Angeles (LAX)

 Montrose (MTJ)

 Daily

 50 / Jet

 Great Lakes Airlines

 Denver (DEN)

 Telluride (TEX)

 Frequent Daily Flights

 19 / Turbo-Prop

 United Express

 Denver (DEN)

 Montrose (MTJ)

 Frequent Daily Flights

 30 / Turbo-Prop

 United Airlines

 Denver (DEN)

 Montrose (MTJ)

 Sat. & Sun.

 120 / Jet

 America West Airlines

 Phoenix (PHX)

 Telluride (TEX)

 Daily

 37 / Turbo-Prop

America West, 800-235-9292
Great Lakes Airlines, 800-554-5111
Continental, 800-523-3273
United/United Express, 800-864-8331
Non-Stop jet service operates December 15, 2005 through April 2, 2006. Some Continental flights have reduced schedule January 4 through Februruary 16

For the most competitive airfare, lodging and information call 800-778-8581.
For air only reservations, call the Telluride / Montrose Air Concierge 877-727-8885.

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Aux Pieds des Pistes, Mountain Village »


Facing the San Sophia mountain range and nestled in the trees on a Mountain Village estate lot of over 2 acres at the top of San Joaquin Road, Aux Pieds des Pistes is a classic mountain residence with easy ski access. The property is currently under construction with a completion date of December 1, 2005.

Offered at $6,450,000, pre-completion

View Complete Listing Information »

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Wild Skies Ranch, Wilson Mesa Ranch »


Wild Skies Ranch is an exceptional offering for the equestrian enthusiast. Just 16 miles from Telluride, the ranch features a spacious 5-bedroom main house, guest quarters over the 3-car heated garage, and 4 fenced grazing pastures.

Offered at $4,399,000

View Complete Listing Information »

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232 North Willow, Town of Telluride »


Located in one of the best neighborhoods in town, this 3-bedroom, 2-bath plus loft home has a lot of potential. The 1,721-sq.-ft. main house has an upstairs kitchen/living room. A 330-sq.-ft. guest house outfitted with 6 skylights, custom-made wood and steel finishings sits behind the main residence.

Offered at $1,995,000

View Complete Listing Information »

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744 Wapiti Rd., Ski Ranches »



Built in 1999, this 3-bedroom, 3-bath log home is set on 1.4 acres in the beautiful Telluride Ski Ranches, minutes from Mountain Village and the Town of Telluride. The spacious lot offers room for expansion and the rustic cabin is very private, nestled among mature Aspen and Pine trees.

Offered at $1,195,000

View Complete Listing Information »

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Lot 719, 155 Adams Ranch Road, Mountain Village »



Comprised of .75 acres, this beautiful lot has tremendous 360-degree views including the Wilson Mountains and the San Sophia Mountain Range. Located on the 8th fairway of the Telluride Golf Course, this prime spot gives you first-rate golf access and is conveniently situated for skiing.

Offered at $950,000

View Complete Listing Information »

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The Cornerhouse Grille, Town of Telluride»


Great restaurant and bar opportunity with established, loyal clientele. The Cornerhouse Grille is an established and profitable restaurant/bar with a solid earnings history and demonstrated growth year-to-year. Potential for even greater earnings exists in several areas. Lease has many years remaining.

Offered at $375,000

View Complete Listing Information »

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Market Activity »


Telluride/Mountain Village MLS
October 15-November 16

Single-family homes

 
4 closed average price (sold) $3,162,500
1 currently under contract

average price (asking) $1,985,000

Vacant Land

 
5 closed average price (sold) $5,866,800
3 currently under contract average price (asking) $1,264,666

Condominiums

 
14 closed average price (sold) $679,109
9 currently under contract average price (asking) $780,055

Commercial

 
1 sold average price (asking) $190,000
Fractionals
 
1 currently under contract average price (sold) $125,000

All information from Telluride MLS - deemed reliable but not guaranteed.

Calendar of Events »

November 2005
17 Telluride Unearthed - The Chemistry of Mining, Telluride Historical Museum
19 Turkey Bingo, Elks Lodge
23 Telluride Ski Area Opens and Donation Day
24 Thanksgiving and Official Opening Day of the Telluride Ski Area

December 2005
7 Noel Night & Ah Haa School Cheap Art
10 The Nutcracker Holiday Ballet - the Palm Theatre
14 WinterSing, Telluride Choral Society - St. Patrick’s Church
16 Jingle Jam, Mountain Village Heritage Plaza
16 WinterSing Family Night - Palm Theatre, 7 p.m.
16 Winterfilm at the Conference Center in the Mountain Village, 6:30 p.m.
16 WinterSing Family Night - Palm Theatre, 7 p.m.
17,21,23 Photos with Santa and Cookie Decorating - Conference Center in the Mountain Village, Free 11-2
23 Santa Skis
24 Christmas Eve Torchlight Parade
29 Jeep Presents Warren Miller’s Film, "Higher Ground" at the Telluride Conference Center in the Mountain Village
31 Ski Resort/Mountain Village New Year Celebration - Torchlight Parade 7 p.m., Fireworks
31 Sam Bush in Concert - the Conference Center in the Mountain Village

*Dates are subject to change, to confirm go to www.visittelluride.com

View Complete Calendar Information »

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The Affiliates Team
Jim
Mike
Sierra
Norman
Diane
Kelly

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