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Telluride Affiliates

August 2006

Featured Listing:
Etta Place Too, Unit 114
Telluride-To-Phoenix Air Service This Winter
The Market at Mountain Village Opens Its Doors to Shoppers
First Time Homebuyers Program Celebrates Strongest Quarter Ever
Wild Skies Ranch
Lot 166, Aldasoro Ranch

431 West Galena

Lot 719 - NEW PRICE!
1756 Green Meadows - NEW LISTING!
Gurley Lake Community Ranch
Market Activity
Summer Flight Schedule
Calendar of Events
The Affiliates Team


Summer has flown by with the monsoonal weather pattern making Telluride one of the coolest places in the country in recent weeks. Real estate sales, however, have been hot. The July numbers from Telluride Consulting showed a record-setting month and the year to date dollar volume of sales in San Miguel County exceeded last year’s record high by seven percent. With this has come record contributions to, and distributions from, the First Time Homebuyer’s Assistance Fund, a program designed to help locals purchase homes and one Real Estate Affiliates enthusiastically supports (see story).

Around town, the Telluride Jazz festival brought in large numbers of listeners for great headliners such as the Herbie Hancock Quintet. In the coming weeks, Telluride plays host to the newer Culinary Festival (Aug 18-20) and the annual Film Festival over Labor Day Weekend.

If you are already starting to think about skiing, the news that the non-stop flight from Phoenix to Montrose has been reinstated for the upcoming winter season, as well as new flights on Delta from Atlanta and Salt Lake City, should get you even more excited. We hope the increased options in flights will bring more new faces to town and make getting here a bit easier for old hands.

Our featured property this month is Etta Place Too, Unit 114, a spacious condominium located slopeside at the base of Lift 7 in Telluride. 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: Etta Place Too, Unit 114, Town of Telluride »


This large, two-story, top-floor penthouse condominium unit offers rare, direct access to the ski area from the 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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Telluride-To-Phoenix Air Service This Winter »

Telluride-To-Phoenix Air Service This Winter

The Telluride Watch
Published:7/28/06
By Christopher Pike

America West/U.S. Air will renew its winter service between Telluride Regional Airport and Phoenix this winter with two daily non-stop flights, beginning December 15, 2006, with a 37-passenger Dash 8 aircraft operating the Telluride-to-Phoenix air service through March 31, 2007.

“We’re pleased that America West/USAir will be serving the Telluride Airport this coming winter,” said Telluride Montrose Regional Air Organization President Tom Hess.

Hess went on to pronounce the Telluride-to-Phoenix route as benefiting “both Telluride local residents and visitors alike,” while at the same time “providing great connections to other destinations in Arizona, Southern California and the West Coast.”


Read More...

Reprinted with permission from The Telluride Watch.

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The Market at Mountain Village Opens Its Doors to Shoppers »

A Commitment to Competitive Pricing

The Telluride Watch
Published: 8/15/06
By Martinique Davis

Gazing out across aisles of perfectly aligned products gleaming against the squeaky clean interior of the just-opened Market at Mountain Village, shoppers by and large appeared impressed with the town’s newest community perk.

“I’ve been waiting twenty years for this,” Mountain Village resident Carlotta Horn said, as she and her two high school-aged daughters loaded their cart full of provisions for their upcoming Lake Powell trip.

Fellow Mountain Village homeowner Allison O’Dell, while pushing wide-eyed, 3-year-old Sean past the meat counter stocked with such delicacies as wild caught crab legs, fresh lobster tails and rows of thick New York strip steaks, said the new grocery store reminded her of a small-scale Whole Foods or other gourmet organic market – one typically found in a much bigger city.


Read More...

Reprinted with permission from The Telluride Watch.

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First Time Homebuyers Program
Celebrates Strongest Quarter Ever
»


The Telluride Watch
Published:8/11/06

Being a local in Telluride is something people take very seriously. It means you really live here, it means you really work here and it means that you really appreciate what it means to be here. Since June 2002, the Telluride Association of Realtors has helped make dreams come true for Telluride-area locals by furthering opportunities toward purchasing homes in the region. Through its First Time Homebuyer’s Assistance Fund program, TAR continuously softens the financial commitment associated with buying a home for the first time.

“It is fantastic to be able to support a record amount of locals in their purchase of a Telluride home,” said Teddy Errico, FTHBAF committee chair. “And I believe the Telluride brokerage community finds great pleasure in giving back financially in order to keep the Telluride locals ‘local.’”

Read More...

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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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Lot 166, Aldasoro Ranch »


Nestled in a grove of aspen trees, this 36-acre parcel in Aldasoro Ranch offers ultimate seclusion and privacy with amazing views of the Wilsons and the surrounding peaks to the North. The lot is adjacent to 202 acres of open space without a house in view for miles and offers access to the Uncompahgre National Forest via a private trail.

Offered at $3,195,000


View Complete Listing Information »

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431 West 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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Lot 719, 155 Adams Ranch Road, Mountain Village »


New Price!
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 $850,000

View Complete Listing Information »

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1756 Green Meadows Lane, Telluride Pines »


New Listing!
High on top of Hastings Mesa, just 30 minutes from the Town of Telluride, this unique mountain home is situated above its Telluride Pine neighbors with breathtaking views of Mt. Wilson and the surrounding peaks.

Offered at $749,000

View Complete Listing Information »

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Gurley Lake Community Ranch, Various Lots »


Own a parcel of Gurley Lake Community Ranch, located 10 minutes from Norwood and just 45 minutes from Telluride. The 3,550-acre ranch amenities include 24 miles of horse trails, a 1,000-acre elk reserve, biking, skiing, ATV riding and access to a 20,000-acre public wildlife area.



View Complete Listing Information »


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Market Activity »


Telluride/Mountain Village MLS
July 13 - August 15, 2006

Single Family Homes

5 closed average price (sold) $2,628,800
11 under contract average price (asking) $3,293,181

Vacant Land

13 closed average price (sold) $1,120,267
18 under contract average price (asking) $1,199,611

Condominiums

7 closed average price (sold) $665,285
54 under contract average price (asking) $1,651,380

Commercial

3 closed average price (asking) $580,000
10 under contract average price (asking) $144,900
Fractionals
1 closed average price (sold) $170,000
14 under contract average price (asking) $119,910

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.

2006-2007 Winter Flight Schedule

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Calendar of Events »

Summer 2006
August  
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
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
24 Mountain Village Home Tour
28-1 Ah Haa Photography workshop
October  
7 Telluride Oktoberfest in Mountain Village
22 Gondola Closes
November  
17 Gondola Reopens
23 Official Opening Day of Telluride Ski Resort

*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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