$4,150,000
SOLD DEC 4, 2024

118 Lost Creek Ln Unit 702 Telluride, CO 81435

2 Beds
2.5 Baths
1,622 Sq Ft
$2,821/mo HOA Fee

Recently Sold

$2,559 Per Sq Ft

3% Below List Price

28 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Radiant Floor
  • Telluride Intermediate School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of December 2024

Luxury Penthouse at the prestigious Lumiere with Inspirato residences is a rare offering. Experience upscale living in this exclusive top-floor penthouse located in the heart of the Mountain Village core. With direct trail-side access, this ski-in, ski-out residence offers unparalleled convenience and luxury, including high-end luxury finishes and amenities.This one-level, two-bedroom penthouse features 2.5 baths and vaulted ceilings, creating a spacious and airy living environment. A gourmet kitchen, grand living room, beautiful fireplace, and high-end finishes offer comfort and inspiration. You'll have direct access to Chair 4 from your doorstep, making it ideal for avid skiers and mountain bikers. In addition, the penthouse elevator access direct to the condo, a personal hot tub

Last Agent to Sell the Property

Lorrie Denesik

LIV Sotheby's International Realty - Mountain Village License #FA100015855 Listed on: 09/06/2024

Last Buyer's Agent

Hilary Taylor

LIV Sotheby's International Realty - Mountain Village License #FA100076859

LIV Sotheby's International Realty - Mountain Village

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,978

Year Built

  • Built in 2008

HOA Fees

  • $2,821 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,622 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Radiant Floor

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Spa
  • Patio

Community Details

Overview

  • Association fees include contingency fund, grounds maintenance, insurance, management, sewer, snow removal, trash
  • 28 Units

Recreation

  • Community Spa
  • Ski Accessible
  • Ski Lockers

Pet Policy

  • Dogs Allowed

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,978

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,821 per month

Listing Details

  • Directions: Mountain Village Blvd to Lost Creek Lane. Valet Parking Available.
  • Listing Member Name: Lorrie Denesik
  • Listing Office Short Id: LIVSIR
  • Major Area: 20
  • Open House Office I D: 20190507171904359133000000
  • Prop. Type: Condo
  • Selling Member Short Id: hilary
  • Selling Office Short Id: LIVSIR
  • Home Age: 13 - 20 Yrs
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 2008
  • Building Style: Contemporary
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 1622.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Architect
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Artificl Gas Logset
  • Furnished: Full
  • Studio: No

Exterior Features

  • Disclosures: Covenants, RETA
  • Lot Number: 28
  • View: Sunset, Core area
  • Water Extras: Hot Tub, Patio/Deck

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: 2821.00
  • HOAMangmentCompanyInfo: Dunton MV LLLP
  • HOA Amenities: Dogs Permitted, Front Desk, Hot Tub, On-Site Management, Ski Storage/Loc
  • HOA Fees Includes: Contingency Fund, Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash

Fee Information

  • PaymentPer: Month
  • Taxes: 10978.40

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2024

Multi Family

  • Total Numberof Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Dec 6, 2024
Sold by
Melbourne Investments Llc
Bought by
Jm Telluride Llc
Seller's Agent
Lorrie Denesik
LIV Sotheby's International Realty - Mountain Village
Buyer's Agent
Hilary Taylor
LIV Sotheby's International Realty - Mountain Village
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%
Total Days on Market
28
Views
5
Current Estimated Value
$3,924,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,846
Avg. Annual Appreciation
-14.07%

Purchase Details

Listed on
Sep 6, 2024
Closed on
Dec 4, 2024
Sold by
Melbourne Investments Llc
Bought by
Jm Telluride Llc
Seller's Agent
Lorrie Denesik
LIV Sotheby's International Realty - Mountain Village
Buyer's Agent
Hilary Taylor
LIV Sotheby's International Realty - Mountain Village
List Price
$4,300,000
Sold Price
$4,150,000
Premium/Discount to List
-$150,000
-3.49%
Views
5

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 4, 2021
Sold by
Belleaud Investment Properties Llc
Bought by
Melbourne Investments Llc
Seller's Agent
Andrew Dolese
Telluride Properties Main St.
Buyer's Agent
Lorrie Denesik
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$2,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 8, 2020
Sold by
Mountain Jag Llc
Bought by
Billeaud Investment Properties Llc
Seller's Agent
Andrew Dolese
Telluride Properties Main St.
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 14, 2015
Sold by
Trasko Mark S
Bought by
Mountain Jag Llc
Seller's Agent
J.J. OSSOLA
TELLURIDE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Andrew Dolese
Telluride Properties Main St.
Sold Price
$1,285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$700,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2008
Sold by
Kwb Devlopment Llc
Bought by
Trasko Mark S
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 Type Sale Price Title Company
Contract Of Sale -- --
Contract Of Sale -- --
Special Warranty Deed $4,150,000 Land Title Guarantee Company
Special Warranty Deed $4,150,000 Land Title Guarantee Company
Warranty Deed $2,275,000 Land Title Guarantee Co
Warranty Deed $210,000 Land Title Guarantee Co
Warranty Deed $1,285,000 Land Title Guarantee
Warranty Deed $210,000 None Available
Warranty Deed $2,100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $700,000 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $4,150,000 -3.5% $2,559 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $4,300,000 +89.0% $2,651 / Sq Ft
03/09/2021 03/09/21 Sold $2,275,000 +8.3% $1,403 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
09/04/2020 09/04/20 Sold $2,100,000 +63.4% $1,295 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
10/14/2015 10/14/15 Sold $1,285,000 -- $792 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
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 $10,940 $182,790 $0 $182,790
2023 $10,456 $184,560 $0 $184,560
2022 $5,860 $106,670 $0 $106,670
2021 $6,038 $112,740 $0 $112,740
2020 $5,006 $94,730 $0 $94,730
2019 $4,973 $94,730 $0 $94,730
2018 $4,749 $92,470 $0 $0
2017 $4,339 $92,470 $0 $92,470
2016 $5,462 $95,520 $0 $95,520
2015 $5,340 $95,520 $0 $95,520
2014 $4,874 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 42928

Telluride Association of REALTORS®

APN: 108-0080057