March Real Estate Sales in Telluride Strong

Telluride, Colorado Real Estate Sales continues to be strong with a great first quarter of 2014.  Overall $45.2 million of local property sold in 48 transactions. That is up 43% and 45% respectively.

The year is up a whopping 47 percent as compared to first quarter 2013 in dollar volume.  Despite off season arriving on April 7, we are seeing good solid activity at this time.

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Curbed Ski Loves Telluride

Curbed Ski raves about going to Telluride and details a top 10 list of why Telluride needs to be on any Skier’s Bucket List.  Its a well written article and very accurate.  The expert skiing is truly one of a kind with its variety and the Telluride Ski School is so good for the kids.  The views are spectacular from every aspect, whether looking down into town or along jagged peaks, to the Coors bottle icon, Mt Wilson.  What we need to do is get Megan back for summer and then see what she says then!

For the entire article, click here:  Telluride the Best

She recommends Allred’s for dinner?  Definitely.  I was just there.  The Lamb Chops were incredible and I loved the lemon sauced Halibut, too, with its scattering of shell fish.  And you have to take the Gondola to get there

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Teddy Lists Trout Lake Homesite

Earlier this week, Teddy Errico‘s office at Telluride Sotheby’s International Realty, listed site 2 at Trout Lake for $260,000.  This private knoll top home site is close to Route 145, but without the noise and sight impacts.  There is also a nice view of Trout Lake and the surrounding peaks!  Only a 20 minutes drive to all of the Telluride Resort Amenities.  Fishing, canoeing, hiking and paddle-boarding are just steps from your future home!

For more information shoot us an email ( Teddy@TeddyErrico.com or call 970-708-5959.  Here are a few pictures.

East View from Site 2Site 2 SW View of knoll top

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Telluride February Real Estate Data

The numbers for Real Estate Sales are out for San Miguel County (Telluride Region) and February was another solid month.  Overall we saw the dollar volume increase 25% as compared to February 2013 and the number of transactions increased 3%.  This is proving that the value of the properties being sold is up and going up!

Four segments showed good activity, with 8 Mountain Village Homes and Condominiums Selling as well as 7 Town of Telluride Homes and Condominiums selling.

Year to date, Telluride Real Estate dollar volume is up 52% as compared to 2013 and Number of Transactions are up 7%. These are all good signs for the economy as we head towards the end of ski season, which just has 11 days left.

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Gus Kenworthy Celebration Today!

Friday March 21 will celebrate the Silver Medal  and success of home grown Telluridian Gus Kenworthy!  Gus won the Skier slopestyle Silver Medal in the Sochi Olympics while also creating awareness for stray dogs.

The festivities start at 5:30 pm on Main Street (Colorado Ave) in Downtown Telluride with speeches, the dogs, a meet and greet with Gus and a Fireworks show.

Come celebrate a Telluride first!

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Oprah Winfrey Purchases Mountain Village Parcel

Oprah Winfrey has returned to Telluride, Colorado after a long hiatus.

Recently she purchased a 60 acre parcel that is Trailside to the Telluride Ski Resort on the Lift 10 area.  The Wall Street Journal gives you the details on the purchase here:  http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-487177/

The property is the largest in Telluride area that fronts the Ski Resort, off of Rocky Road and offers excellent views as well.  The purchase price was $10.85 million.

A great sign for continued recovery to the Mountain Village Real Estate market

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An Affordable Telluride Spring Ski Vacation

Both Allegiant Air and Hotel Madeline are trying to make it as cheap as possible to come to Telluride for some spring season skiing and riding before the Telluride Ski Resort closes for the Winter on April 6, 2014.

First Getting Here:  Allegiant Air is offer airfare as inexpensive as $60 per person each way to Montrose/Telluride from Los Angeles and Phoenix.  For details and booking go here:  www.allegiantair.com 

Where to Stay?  The Luxurious Hotel Madeline is offer rates as low as $129 per night to stay in the center of Mountain Village, just a few steps to skiing on Lift 10 and Lift 4.  For details on this great lodging deal go to:  www.HotelMadelineTelluride.com

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Telluride Bluegrass Adds Steve Winwood

The Telluride Bluegrass Festival has added legendary Steve Winwood to its 2014 lineup.  Winwood will headline Friday June 20th.

Winwood was a major component to Traffic, Blind Faith and the Spencer Davis Group, in addition to a long successful solo career.  Rolling Stone Magazine has ranked him the 33rd greatest singer of all time. he was inducted into the Rock and Roll Hall of Fame in 2004.

Here is clip of Steve playing with Traffic and Jerry Garcia in Chicago.

https://www.youtube.com/watch?v=AYYjgYea51w

The Festival takes place over the Summer Solstice on June 19-22.

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Teddy Sells Lot 20 Sunset Ridge in Telluride

Last week Teddy represented the Seller on the successful closing of Lot 20 Sunset Ridge, located just a few miles to the West of Downtown Telluride.  The sales price was $165,000.

Perspective Section Lot 20 Sunset Ridge

The Seller had this concept design for the sloping lot, which also has fantastic views of Telluride’s protected Valley Floor.

Sunset ridge East view

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A New Ajax Hotel in Downtown Telluride?

After a few meetings with Telluride Town Council, it appears that a Developer is serious about building a 50 room Hotel at the Corner of East Colorado Avenue and South Willow Street, adjacent to the San Miguel River and Telluride Post Office.

The Developer, Eastern Telluride Partners, out of Dallas, Texas has not submitted any plans and is in the early stages and will need to go through HARC (Historical and Architectural review Commission and P&Z, Planning and Zoning for Any final approvals.  Certain operator names that have been floated around are the Marriott and Starwood.

The news was reported by Both the Telluride Daily Planet http://telluridenews.com/articles/2014/03/14/news/doc5320e7d39a6d8454683001.txt  and Telluride Watch http://watchnewspapers.com/view/full_story/24730073/article-New-Hotel-Proposed-for-East-End-of-Main-Street?instance=latest_story

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