Telluride Affiliates

  November 2004

Telluride’s signature mountain tops are beautiful under a blanket of white, fluffy snow and we’re all looking forward to Thanksgiving and the ski area’s opening.

The mountain opens this Wednesday, Nov. 24, with Donation Day, a fundraiser for the Telluride Ski & Snowboard Club. Lift tickets are $24 for everyone, including Season Pass holders, and all lift ticket proceeds will be donated to the club. It looks like it’s going to be a good season and if you’re in town, we’d encourage you to get out on the mountain if you can.

At Home in Telluride, a new listing, is our Featured Property of the month. With over 15 years of doing business in Telluride, At Home is one of Telluride’s best trade names. Contact Jim Lucarelli for more information.

Additionally, as you've probably noticed, our newsletter has a new look this month. Our website is also in the process of getting a facelift and should be ready in mid-December. We'd love to get your feedback on both.

Happy Thanksgiving!

At Home in Telluride, Town of Telluride »


At Home in Telluride is one of Telluride's best trade names. With over 15 years of doing business in Telluride, At Home is the perfect choice for everything for the home. The business is for sale with $50,000 worth of inventory. Solid earnings and a good Main Street location make this a great business opportunity. Call today for a showing or more information. Offered at $225,000.
View Complete Listing Information »

 

Lucarelli Speaks at The Luxury Conclave »
Jim and TLC organizer Laurie
Moore-Moore, president of The Institute for Luxury Home Marketing

During the last week of October, Broker and Owner of Real Estate Affiliates of Telluride, James F. “Jim” Lucarelli, was one of a select group of luxury home agents from the U.S, Canada, Mexico and Great Britain who attended The Luxury Conclave (TLC), an invitation-only educational and networking event for successful agents seriously committed to meeting the needs of upper-tier home buyers and sellers.

“The program was designed to allow those attending to share their own best practices and to hear from experts in marketing, finance and the economy,” said Lucarelli, “The objective of the meeting was to increase knowledge and build competencies in order to better meet the needs and expectations of affluent buyers and sellers.”

As a speaker at the event, Lucarelli was asked to share his experiences and techniques for differentiating himself as the luxury agent of choice. He was one of only three speakers on this topic and his presentation and the marketing materials from Real Estate Affiliates of Telluride were very well received by those in attendance. Read More...

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Sierra Reece Joins the Affiliates »

Real Estate Affiliates of Telluride is proud to announce the addition of Telluride native Sierra Lyn Reece to its team.

Born and raised in Telluride, Sierra grew up skiing and hiking in the region and is intimately familiar with all the area has to offer. An accomplished athlete, she was a member of the Telluride Freestyle Team, and played volleyball and soccer as well.

After graduating from the University of Colorado in Boulder with a B.A. in Communication in 2003, Sierra returned to Telluride in 2004, passed the real estate broker’s exam and started working with the Affiliates, hosting open houses at various listings throughout the summer.

She is now a full-time broker associate, and as the newest member of the Affiliates team, Sierra brings new enthusiasm and dedication to the office. In addition to her role as a broker associate, Reece is currently filling in for Molly Brown as the office’s manager/receptionist, so don’t be surprised if you find her wearing many hats.

When she’s not working, Sierra can be found hiking, skiing or relaxing with her parents at their Ophir home. Feel free to stop by and introduce yourself to Sierra, and look for her on the mountain this winter where she will be a Mountain Host one day a week!

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Telluride Photo Express, Town of Telluride »


The Telluride Photo Express, a turnkey ground-level Main Street business opportunity, is now offered for sale and includes the trade name, all production equipment, fixtures, and marketable inventory. Offered at $149,500. View Complete Listing Information »

Bridge Creek, Aldasoro Ranch »


The sound of cascading water…incredible views of fourteen-thousand foot peaks and the valley below…old-growth aspen trees…elk and deer wandering the land…welcome to Bridge Creek, a unique property sitting on over 3 acres of sunny mesa just minutes from Telluride, Mountain Village and the airport. Offered at $6,850,000. View Complete Listing Information »

CLICK HERE for VisualTour of this listing.

Telluride Estate Parcel, Town of Telluride »


A river runs through it…
This is the largest single-family building site currently available in the Town of Telluride. Three town lots – 27, 28 and 29 – in Block 10 on West Galena Avenue provide an exceptional location for construction of a unique residence. Offered at $2,100,000.
View Complete Listing Information »

Franklin Manor, Town of Telluride »



This property offers tons of space and two great opportunities. Zoned commercial, it can be run as-is as a bed and breakfast or easily converted to a triplex. With over 4,300 sq. feet of finished living space and 6 bedrooms, 5 full baths and 1 half-bath, the property has plenty of room for everyone. Offered at $1,795,000. View Complete Listing Information »

Goldbelt Building, Unit 1, Town of Telluride »


This a custom-built condominium with an east-facing deck and great views of the box canyon and ski area. The unit features 2 bedrooms and 2 ½ baths with an office/study that could be easily converted to a third bedroom. Offered at $895,000. View Complete Listing Information »

35 Acres, Specie Mesa, San Miguel County »

corner house grill
Lot 6 at the Peninsula (the Sentinel Tree) is a 35.01 acre escarpment parcel on Specie Mesa with a designated homesite and well-maintained year-round access. Detailed, engineered plans for a 2,371 square foot home are on file and possibly included. A new observation tower shows off the 2nd story views. "The Sentinel Tree" is a great value buy only 25 miles from Telluride. Offered at $280,000.
View Complete Listing Information »

Sales Volumes YTD 31% Higher than 2003 »


In examining this year’s county-wide real estate figures from January through October, sales surpassed those from 2003 for the same months by $137 million. Total numbers for all transactions were approximately $443 million in 2004 versus $303 million in 2003, a rise of approximately 31 percent. These statistics correspond to the 646 transactions in 2004 compared to the 596 in 2003, thus reflecting the average purchase price as $685,000 for 2004 over 2003’s $508,000.

In terms of property types, single family residential was the strongest contributing force, boasting the biggest sales totals so far in 2004 at approximately $203 million. This was also the strongest property type for 2003, which totaled almost $138 million between January and October.

The largest number of transactions were led by vacant land sales. At this point in 2004, there have been 220 vacant land sales. Vacant land sales transaction numbers in 2003 were similar to those in 2004, yet dollar amounts in 2003 trailed 2004 by 32 percent ($113 million in 2004 and $76 million in 2003). This therefore translates to an overall rise in land values for 2004. Condominium sales came in behind land and single family residences with 165 transactions in 2004 totaling $100 million and 135 transactions in 2003 totaling $71 million. Read More...

Reprinted from the Telluride Association of Realtors Market Update, released Nov. 12, 2004. For complete Update, click here.

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The Affiliates Team »
Jim
Jay
Mike
Sierra

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