Telluride Affiliates

 
July 2006

Featured Listing:
431 W Galena
Luxury Hotel Project Wins First Mountain Village Council Nod
Early Bird Season Passes Now on Sale
Fairway Pines Development Sold in Last Minute Deal
Lots 7&8, Tomboy Road
Aux Pieds des Pistes

Wild Skies Ranch

232 North Willow
Lot 4, North and East Hillside

New Listing!
Etta Place Too #114

Market Activity
Summer Flight Schedule
Calendar of Events 
The Affiliates Team 


Once again Telluride celebrated the Fourth of July in a way only our small mountain town can. The parade opened with the traditional fly-overs with P51 Mustangs and F16s, and blue skies made for picture-perfect spectating. Afterward the usual throngs gathered in Town Park for the Fireman’s BBQ where heavy rains cut things short for the first time in years. By evening the skies had cleared and many agree the Volunteer Fire Fighter’s fireworks display was one of the best ever!

Summer is in full swing – the Friday afternoon Farmer’s Market on South Oak Street is back as is the Summer Sunset Concert Series in Mountain Village every Wednesday evening. These are accompanied by a wide variety of other events, festivals and parties. See the calendar below for more details.

In less exciting news, on July 6 the Colorado Department of Transportation (CDOT) began work on Keystone Hill, so plan to leave some extra time if you’re commuting in or out of town via Highway 145 headed to Norwood or Ridgway.

Additionally, for those of you who plan ahead and will be in town a lot this winter, the ski resort has its “early bird” season passes on sale now through July 28.

In real estate news, our featured property this month is 431 W. Galena, a beautifully renovated and remodeled home near the elementary school in the Town of Telluride. This elegant residence offers a lot of square footage for an in-town home and would be perfect for a family looking to move to town. For more information contact Jim Lucarelli.

As always, if we can be of any assistance in your travels to Telluride or answer any questions about our real estate market, please let us know how we can help. Enjoy our Featured Properties this month, and remember that you can search the entire Telluride MLS via a search engine on our Web site: www.tellurideaffiliates.com.

FEATURED PROPERTY: 431 W Galena, Town of Telluride  »


This spacious well-appointed home boasts an ideal location in the heart of Telluride, directly across from the elementary school. Infused with old-world charm this home features the best of the best.

Offered at $3,150,000


View Complete Listing Information »

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Luxury Hotel Project Wins First Mountain Village Council Nod »

75 Hotel Rooms, 56 Condos

The Telluride Watch
Published: 6/30/06
By Seth Cagin

A proposal for a large luxury hotel easily won conceptual approval from the Mountain Village Town Council this week, largely because the application sought only minor zoning variances and has drawn minimal public criticism. Located on Country Club Dr. below The Peaks, alongside the first fairway of the Telluride Golf Club course, project coordinator Greg Hanshaw said on Wednesday that a five-star operator will be named shortly. 

The project will break ground this winter, Hanshaw added, provided that final town approvals are granted in time.

Read More...

Reprinted with permission from The Telluride Watch.

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Early Bird Season Passes Now on Sale »

As in years past, the Telluride Ski Resort is once again selling “early bird” season passes for the upcoming 2006-07 ski season. These passes are on sale from July 10 through July 28, 2006 and the adult pass provides $410 off the regular season price of $1,375. Season passes are valid all season long and have no blackout dates. Passes are available for purchase online and in the Mountain Village Pass Sales Office Monday through Friday between the hours of 9 a.m. and 4 p.m. For more information visit: www.tellurideskiresort.com or call 970-728-7517.

 

 Early Bird
7.10.06
7.28.06

 Regular
7.29.06
4.8.07

 Savings

 Adult

 $965

 $1,375

 $410

 Junior (13 - 18 yrs)**

 $400

 $  540

 $140

 Child  (6 - 12 yrs)**

 $250

 $  400

 $150

 College Pass*

 $299

 $  499

 $200

 Senior (65+)

 $225

 $  450

 $225


* Must be taking at least 12 credit hours at an accredited college.  College ID and a current transcript are required prior to activation of pass.

** A parent or legal guardian must sign a liability release form for minor pass holders prior to activation of pass. 

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Fairway Pines Development Sold in Last Minute Deal »

Heritage Inn Pays $15 Million

The Telluride Watch
Published:6/16/06
By Christopher Pike

A major hospitality corporation acquired the financially beleaguered Fairway Pines Planned Unit Development on June 6 for $15 million. The last minute sale saved the Fairway Pines owners from imminent action on June 12 by the Ouray County Board of Commissioners to rescind the preliminary plan and plat.

To the relief of members of the Fairway Pines Homeowners Association and county officials, the purchase brought an end to a succession of failed sale negotiations, lot foreclosures and at least four extensions of revocation proceedings involving the PUD and Ouray County.

H.T. Heritage Inn and Suites of Kansas City, Inc. and H.T. Heritage Inn of Erie, LLC, based out of Henderson, Nev., purchased Fairway Pines Gold Partners Ltd. and The Pines Development Group, LLC, from James A. Willey and the James A. Willey Living Trust. Willey was the managing partner of The Pines Development Group along with Brad Frank.

Read More...

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Lots 7 & 8, Tomboy Road  »


At 19+ acres this exceptional, oversized parcel is perched just above the Town of Telluride with breathtaking views of the town and the surrounding peaks and all-day sun. It borders USFS land, offers excellent hiking and biking out your back door, and the neighborhood is quickly becoming one of the hottest in Telluride.

Offered at $6,700,000


View Complete Listing Information »

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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.

Offered at $6,450,000


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 $3,995,000


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 $1,770,000

View Complete Listing Information »

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Lot 4, North and East Hillside, Town of Telluride »


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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Etta Place Too #114, Town of Telluride »


This large, two-story, top-floor penthouse condominium unit offers rare, direct access to the ski area from base of Lift 7. Unobstructed views to the south and east open up to Ingram Falls, Ajax and Lower Milk Run so you can see what time you should be in line on powder mornings.

Offered at $1,195,000

View Complete Listing Information »


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Market Activity »


Telluride/Mountain Village MLS
June 17- July 12, 2006

Single Family Homes

 
2 closed average price (sold) $2,280,750
11 under contract average price (asking) $3,686,182

Vacant Land

 
9 closed average price (sold) $1,014,914
21 under contract average price (asking) $1,203,286

Condominiums

 
3 closed average price (sold) $864,167
13 under contract average price (asking) $1,142,462

Commercial

 
2 under contract average price (asking) $645,000
Fractionals  
5 closed average price (sold) $159,000
4 under contract average price (asking) $134,500

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

View Graph/PDF of 10-year Market Trends »



Summer Flight Schedule »


2006 Summer Flight Schedule

Flight schedule is subject to change without notice.

 Carrier

From 

 To

Frequency 

Continental Airlines

 Houston (IAH)

 Montrose (MTJ)

50 Seat Regional Jet Twice Daily

 Great Lakes Airlines

Denver (DEN)

 Telluride (TEX)

19 Seats, 5 Flights Daily  

 United Express

Denver (DEN)

 Montrose (MTJ)

30 Seats, 5 Flights Daily

Great Lakes Airlines, 800-554-5111
Continental, 800-523-3273
United/United Express, 800-864-8331

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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Calendar of Events »

Summer 2006
July  

6-9, 14-16

Telluride Repertory Theatre, Best Little Whorehouse in Texas, Palm Theatre

12

Telluride Writers’ Guild, Joanne Greenberg, Wilkinson Public Library

12

Sunset Concert - Richie Havens in Mountain Village

15 Cajun Fest - Enjoy funk & cuisine from New Orleans in Mountain Village
15-16 Hardrock 100 - A grueling 101-mile run
19 Leo Kottke, Sheridan Opera House
19

Sunset Concert - TBD in Mountain Village

22 KOTO Doo-Dah Concert - Lyle Lovett, opening act The Subdudes,
Town Park
26 Sunset Concert - Jesse Cook in Mountain Village
12

Telluride Writers’ Guild, Joanne Greenberg, Wilkinson Public Library

August  
2

Sunset Concert - Aphrodesia in Mountain Village

3-6 Telluride Jazz Celebration
9

Sunset Concert - John Cleary in Mountain Village

10-13 Telluride Chamber Music Festival
11 KOTO Duck Race at Telluride Town Park
11 Ah Haa Art Auction
12-13 Telluride Tech Fest
14

The Tempest - on the Sunset Stage at Town Square

14

Out Loud - James Nicola on Shakespeare and his stories

14

Sunset Concert - Lil Ed & the Blues Imperials Mountain Village

18-19

Telluride Mushroom Festival

18-20 Telluride Culinary & Art Festival
20-21

The Tempest - on the Sunset Stage at Town Square

23

Sunset Concert - Alex Maryol in Mountain Village

25

The Tempest - on the Sunset Stage at Town Square

26

Steve Butts Memorial Golf Tournament

27

The Tempest - on the Sunset Stage at Town Square

23

Sunset Concert - Theresa Anderson in Mountain Village

September  
1-4 33rd Telluride Film Festival
6 Sunset Concert - Sweet Sunny South in Mountain Village
9 Imogene Pass Run
10 Gray Head Gold Rush - Bike race for all ages
15-17 Telluride Blues & Brews Festival
23 Savor the San Juans - Gala fundraiser in Ridgway
24 Mountain Village Home Tour
28-1 Ah Haa photography workshop

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

View Our Website Calendar »

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The Affiliates Team
Jim
Josh
Sierra
Norman
Diane
Dave

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