NOT LISTED FOR SALE

118 Lost Creek Ln Unit 405 Telluride, CO 81435

Estimated Value: $1,476,000 - $4,779,000

4 Beds
4 Baths
2,540 Sq Ft
$3,555/mo HOA Fee

Last Sold September 19, 2023

Last sale price $4,150,000 $1,634 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $20,321/month

3 Days on Market

Highlights

  • Ski Accessible
  • Contemporary Architecture
  • 2 Fireplaces
  • Telluride Intermediate School Rated A-
  • Radiant Floor
  • Furnished

About This Home

As of September 2023

An effortless foray into the Telluride lifestyle, this lock-and-leave 4-bedroom condo provides every convenience imaginable, all within a slopeside, full-service community with complimentary Inspirato membership. Lumiere 405 is beautifully appointed by mountain-contemporary finishes and replete with in-house amenities, including pool, bar, restaurant and full-service ski lounge and locker room. Perhaps most importantly, Lumiere is set in a private enclave within the Mountain Village Core, enjoying premium ski in/out access to Chair 4 and immediate walkability to the Gondola, allowing seamless livability between Mountain Village and Downtown Telluride. Comprised of two conjoining residences, the unit configuration allows for maximum flexibility in function and rentability.

Last Agent to Sell the Property

Jake Ames

Telluride Properties License #FA100101719 Listed on: 08/18/2023

Co-Listed By

Brian O'Neill

Telluride Properties License #Colorado

Last Buyer's Agent

Jean Vatter

Village Real Estate License #ER40030594

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,870

Year Built

  • Built in 2008

Lot Details

  • 0.45

HOA Fees

  • $3,555 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Contemporary Architecture
  • Studio

Interior Spaces

  • 2,540 Sq Ft Home
  • Furnished
  • 2 Fireplaces
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Community Details

Overview

  • 18 Units

Recreation

  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,870

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3,555 per month

Listing Details

  • Directions: MV Blvd to Village Core, take a right on Lost Creek Lane. Lumiere is on right side of cul-de-sac.
  • Listing Member Name: Jake Ames
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 20
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Condo
  • Selling Member Short Id: 353
  • Selling Office Short Id: VRE
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2008
  • Year Renovated: 2018.00
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 2540.00
  • Source Sq Ft: Assessor
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 2
  • Furnished: Full
  • Studio: Yes

Exterior Features

  • Disclosures: RETA
  • View: West Sunsets

Garage/Parking

  • Covered Parking: 1 Car
  • Parking: 1 Car

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public
  • Heating: Radiant in Floor

Condo/Co-op/Association

  • Total Number of Units: Lumiere
  • HOA Fees: 3555.00

Fee Information

  • PaymentPer: Month
  • Taxes: 5870.18

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Numberof Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 19, 2023
Sold by
Ski Run Properties Llc
Bought by
Richard G Harris 2010 Trust
Seller's Agent
Jake Ames
Telluride Properties
Buyer's Agent
Jean Vatter
Village Real Estate
List Price
$4,470,000
Sold Price
$4,150,000
Premium/Discount to List
-$320,000
-7.16%
Total Days on Market
3
Views
15
Current Estimated Value
$3,049,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,100,212
Avg. Annual Appreciation
-16.57%

Purchase Details

Listed on
Dec 28, 2022
Closed on
Mar 21, 2023
Sold by
See Forever Retreat Llc
Bought by
Ski Run Properties Llc
Seller's Agent
Jean Vatter
Village Real Estate
Buyer's Agent
Jake Ames
Telluride Properties
List Price
$3,990,000
Sold Price
$3,800,000
Premium/Discount to List
-$190,000
-4.76%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$2,139,378
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 2021
Sold by
Kaminski Joseph K and Kaminski Julie D
Bought by
See Forever Retreat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,500
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2017
Sold by
Kevin And Patricia Kiernan Revocable Tru
Bought by
Kaminski Joseph K and Kaminski Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 29, 2008
Sold by
Kwb Development Llc
Bought by
Kiernan Kevin M and Kiernan Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Richard G Harris 2010 Trust $4,150,000 Land Title Guarantee Company
Ski Run Properties Llc $3,800,000 Land Title Guarantee Company
See Forever Retreat Llc $2,050,000 Land Title Guarantee
Kaminski Joseph K $160,000 Land Title Guarantee Co
Kiernan Kevin M $1,450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ski Run Properties Llc $2,139,378
Previous Owner See Forever Retreat Llc $1,537,500
Previous Owner Kaminski Joseph K $960,000
Previous Owner Kiernan Kevin M $1,015,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $4,150,000 -7.2% $1,634 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $4,470,000 +17.6% $1,760 / Sq Ft
03/21/2023 03/21/23 Sold $3,800,000 -4.4% $1,496 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $3,975,000 -0.4% $1,565 / Sq Ft
12/28/2022 12/28/22 For Sale $3,990,000 -- $1,571 / Sq Ft
Source: Telluride Association of REALTORS®

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 $6,975 $117,880 $0 $117,880
2023 $6,666 $119,020 $0 $119,020
2022 $4,178 $76,050 $0 $76,050
2021 $4,305 $80,380 $0 $80,380
2020 $3,569 $67,540 $0 $67,540
2019 $3,546 $67,540 $0 $67,540
2018 $3,393 $66,070 $0 $0
2017 $3,129 $66,680 $0 $66,680
2016 $3,405 $59,540 $0 $59,540
2015 $3,329 $59,540 $0 $59,540
2014 $3,348 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jake Ames

    Telluride Properties

    11 in this area

    14 Total Sales

    Jake Ames
    Section Image
  • Jean Vatter

    Seller's Agent in 2023

    Jean Vatter

    Village Real Estate

    (970) 596-6398

    111 in this area

    113 Total Sales

    Jean Vatter
    Section Image
  • Brian O'Neill

    Seller Co-Listing Agent in 2023

    Brian O'Neill

    Telluride Properties

    (970) 708-5367

    82 in this area

    129 Total Sales

    Brian O'Neill
    Section Image
See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 41887

Telluride Association of REALTORS®

APN: 108-0080026

Colorado San Miguel County Telluride 81435

118 Lost Creek Ln Unit 405, Telluride, CO

This home is located at 118 Lost Creek Ln Unit 405, Telluride, CO 81435 since 18 August 2023 and is currently estimated at $3,049,788, approximately $1,200 per square foot. This property was built in 2008. 118 Lost Creek Ln Unit 405 is a home located in San Miguel County with nearby schools including Telluride Intermediate School, Telluride Middle School, and Telluride High School.

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