NOT LISTED FOR SALE

116 Highlands Way Mountain Village, CO 81435

Estimated Value: $7,032,000 - $10,772,264

4 Beds
6 Baths
5,521 Sq Ft
$1,552/Sq Ft Est. Value

Last Sold September 16, 2023

Last sale price $10,600,000 $1,920 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $50,353/month

79 Days on Market

Highlights

  • Ski Accessible
  • 1.84 Acre Lot
  • Community Spa
  • Telluride Intermediate School Rated A-
  • Furnished
  • 3 Car Attached Garage

About This Home

As of September 2023

Introducing 116 Highlands Way, an extraordinary mountain modern marvel on a prime nearly two-acre lot with effortless ski access and panoramic views that will remain forever untouched. This architectural gem, nestled among an enchanting aspen grove, epitomizes timeless elegance, revealing awe-inspiring mountain vistas. Impeccably designed by a top Telluride design firm, the interior harmonizes sophistication and comfort flawlessly. With 4 bedrooms, 4 baths, 2 half baths, an office, recreation room, and expansive decks, this masterpiece showcases impeccable craftsmanship and seamless flow. Embrace the epitome of mountain living in this exceptional retreat. Schedule a personal tour today to immerse yourself in the unmatched allure of mountain living at its finest

Last Agent to Sell the Property

Daniel Dockray

LIV Sotheby's International Realty - Telluride Listed on: 06/29/2023

LIV Sotheby's International Realty - Telluride

Last Buyer's Agent

Joshua Rapaport

Rapaport Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,703

Year Built

  • Built in 2017

Lot Details

  • 1.84

Parking

  • 3 Car Attached Garage

Home Design

  • Stick Built Home

Interior Spaces

  • 5,521 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Telluride K-6 Elementary School
  • Telluride 7-8 Middle School
  • Telluride 9-12 High School

Additional Features

  • 1.84 Acre Lot
  • Internet Available

Community Details

  • Community Spa
  • Ski Accessible

Listing and Financial Details

  • Assessor Parcel Number 477904112446

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,703

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Estimated Total Acres: 1.84
  • Class: RESIDENTIAL
  • Common Facilities: Hot Tub
  • Em Deposit: 500000
  • Em Holder: Land Title
  • Legal Lot Block: 45-51LOT 182 TOWN OF MOUNTAIN VILLAGE FILING 36 PLAT BK 1 PG 2144 DECS BK 572 PG 445 CONT 1.836 AC MOL 10 23 96
  • Parcel Id Number: 477904112446
  • Price Per Sq Ft: 1919.94
  • Property Description: Ski In/Ski Out
  • Real Estate Included: Yes
  • Realist Id: 477904112446
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 1919.94
  • Street Designation: Way
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 18,702.52
  • Year Built: 2017
  • Foreign Owned Y N: No
  • Prop Description Remarks: Introducing 116 Highlands Way, an extraordinary mountain modern marvel on a prime nearly two-acre lot with effortless ski access and panoramic views that will remain forever untouched. This architectural gem, nestled among an enchanting aspen grove, epitomizes timeless elegance, revealing awe-inspiring mountain vistas. Impeccably designed by a top Telluride design firm, the interior harmonizes sophistication and comfort flawlessly. With 4 bedrooms, 4 baths, 2 half baths, an office, recreation room, and expansive decks, this masterpiece showcases impeccable craftsmanship and seamless flow. Embrace the epitome of mountain living in this exceptional retreat. Schedule a personal tour today to immerse yourself in the unmatched allure of mountain living at its finest
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Estimated Total Sq Ft: 5521
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Office Den: 0

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Mountain Village Metro District
  • Water Supplier: Mountain Village Metro District

Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8
  • High School: Telluride 9-12
  • High School: Telluride 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Telluride K-6
  • Middle School: Telluride 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 31, 2023
Sold by
Jennifer S Bridwell Revocable Trust
Bought by
John Kolbe Esler Jr Revocable Trust and Jeanne Lawton Esler Revocable Trust
Seller's Agent
Daniel Dockray
LIV Sotheby's International Realty - Telluride
Buyer's Agent
Joshua Rapaport
Rapaport Real Estate
List Price
$9,995,000
Sold Price
$10,600,000
Premium/Discount to List
$605,000
6.05%
Total Days on Market
79
Views
36
Current Estimated Value
$8,571,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,028,684
Avg. Annual Appreciation
-11.56%

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 15, 2017
Sold by
Mills Kara A and Mills Alan Brady
Bought by
Jennifer S Bridwell Revocable Trust
Seller's Agent
Kara Mills
LuxWest Real Estate
Buyer's Agent
Daniel Dockray
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Sold Price
$5,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.32%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Portnoy Mitchell Alan
Bought by
Mills Kara A and Mills Alan Brady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2012
Sold by
Portnoy Mitchell Alan and Portnoy Tyla
Bought by
Portnoy Mitchell Alan

Purchase Details

Closed on
Mar 5, 2008
Sold by
Mitchell A Portney Revocable Trust
Bought by
Portnoy Mitchelle Alan and Portnoy Tyla

Purchase Details

Closed on
Sep 25, 2007
Sold by
Lynx Properties Llc
Bought by
Mitchelle A Portnoye Revocable Trust

Purchase Details

Closed on
Mar 3, 2006
Sold by
Frige Arthur R
Bought by
Lynx Properties Llc
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
John Kolbe Esler Jr Revocable Trust $10,600,000 Land Title Guarantee Company
Jennifer S Bridwell Revocable Trust $5,000,000 Land Title Guarantee Co
Mills Kara A $850,000 Land Title Guarantee Company
Portnoy Mitchell Alan -- None Available
Portnoy Mitchelle Alan -- Napa Land Title
Mitchelle A Portnoye Revocable Trust $1,160,000 Security Title
Lynx Properties Llc $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Kara A $1,625,000
Previous Owner Mills Kara A $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2023 09/16/23 Sold $10,600,000 +6.1% $1,920 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $9,995,000 +99.9% $1,810 / Sq Ft
09/15/2017 09/15/17 Sold $5,000,000 -- $875 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,857 $443,360 $93,800 $349,560
2023 $25,668 $447,660 $94,710 $352,950
2022 $18,703 $361,390 $94,710 $266,680
2021 $19,269 $359,790 $77,940 $281,850
2020 $17,917 $339,070 $77,940 $261,130
2019 $17,801 $339,070 $77,940 $261,130
2018 $15,206 $296,100 $0 $0
2017 $13,895 $296,100 $72,000 $224,100
2016 $9,199 $160,870 $69,650 $91,220
2015 $14,186 $253,750 $253,750 $0
2014 $13,564 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Dockray

    Seller's Agent in 2023

    Daniel Dockray

    LIV Sotheby's International Realty - Telluride

    (970) 708-0666

    169 in this area

    228 Total Sales

    Daniel Dockray
    Section Image
  • Joshua Rapaport

    Buyer's Agent in 2023

    Joshua Rapaport

    Rapaport Real Estate

    (970) 708-4070

    112 in this area

    137 Total Sales

    Joshua Rapaport
    Section Image

  • K

    Seller's Agent in 2017

    Kara Mills

    LuxWest Real Estate

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 805233

Colorado Real Estate Network (CREN)

APN: 108-0097038

Colorado San Miguel County Mountain Village 81435

116 Highlands Way, Mountain Village, CO

This home is located at 116 Highlands Way, Mountain Village, CO 81435 since 29 June 2023 and is currently estimated at $8,571,316, approximately $1,552 per square foot. This property was built in 2017. 116 Highlands Way is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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