NOT LISTED FOR SALE

138 Polecat Ln Unit 202 Telluride, CO 81435

Estimated Value: $7,506,000 - $18,694,778

10 Beds
13 Baths
16,924 Sq Ft
$674/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $20,000,000 $1,182 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $68,965/month

113 Days on Market

Highlights

  • Ski Accessible
  • Guest House
  • Home Theater
  • Telluride Intermediate School Rated A-
  • Second Kitchen
  • Spa

About This Home

As of May 2024

Situated along the Sundance Ski Run with exceptional ski access, this sophisticated sanctuary boasts unobstructed panoramic views of the San Sophia Ridgeline and all of the modern amenities one could desire. Host generations of family, friends and accompanying staff throughout the main home, two stand-alone cottages and studio apartment. After days spent at Telluride Ski Resort, or exploring Telluride, return home to comfortable entertaining and family living with a heated 5-car garage, 3-story elevator, 11 fireplaces, a game room, movie theater, bowling alley and a plethora of spa features. Luxury, convenience, and the grandeur of stunning natural beauty converge at this bastion of refined mountain living.

Last Agent to Sell the Property

Kenneth Grodberg

Compass Colorado - Telluride License #FA40013418 Listed on: 11/25/2023

Last Buyer's Agent

Lauren Woodward

Telluride Properties License #FA100087075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,221

Year Built

  • Built in 2002

Lot Details

  • 0.9

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Log Cabin
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 16,924 Sq Ft Home
  • Wet Bar
  • Furnished
  • 4 Fireplaces
  • Window Treatments
  • Home Theater
  • Game Room
  • Sauna
  • Radiant Floor
  • Home Security System

Kitchen

  • Kitchenette
  • Second Kitchen
  • Gas Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Water Softener

Additional Features

  • Accessible Elevator Installed
  • 0.9 Acre Lot
  • Guest House

Community Details

Recreation

  • Ski Accessible
  • Ski Lockers

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,221

Year Built

Built in 2002

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Directions: Mountain Village BLVD turn right on Benchmark, Left on Polecat LN. Property is at the end of the Cul-de-sac
  • Listing Member Name: Kenneth E. Grodberg
  • Listing Office Short Id: compass
  • Major Area: 20
  • Estimated Number of Acres: 0.90
  • Open House Office I D: 20180918184724524834000000
  • Prop. Type: Residential
  • Selling Member Short Id: laurenw
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • Property Sub Type: Within Township/City Limits
  • Year Built: 2002
  • Building Style: Log
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Kitchenette, Refrigerator, Washer, Water Softener
  • EstFinishedSqFt: 16924.00
  • Lower Floor 1 Half Bathrooms: 3
  • Source Sq Ft: Surveyor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 10
  • Fireplace: 4+
  • Furnished: Full

Exterior Features

  • Exterior Construction: Log
  • Disclosures: Covenants, RETA
  • Exterior Finish: Log
  • Lot Number: 257AR
  • Roof: Other
  • View: Ski Run
  • Deck Sq Ft: 2208.00
  • Water Extras: Accessible Elevator Installed, Air Conditioning, Game Room, Garage Door Opener, Guest House, Home Theater, Hot Tub, Patio/Deck, Sauna, Secondary Kitchen, Security System, Ski Room, Snow Melt System, Spa, Steam Shower, Wet Bar, Window Coverings
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 5 Car, Garage, Heated
  • OpenAreaParking: 3 Car +
  • Parking: 5+ Car Garage
  • Additional Structure Garage Sq Ft: 1543.00

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 660.00
  • HOAMangmentCompanyInfo: Telluride Mountain Village Owners Association113 Lost Creek Lane, Suite ATelluride, CO 81435(P): 970.728.1904(F): 970.369.7656ANTON BENITEZPresident & CEO(P): 970.728.1904, ext 1
  • HOA Amenities: Dogs Permitted
  • HOA Fees Includes: Other

Fee Information

  • PaymentPer: Year
  • Taxes: 48221.00

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2023
Closed on
May 17, 2024
Sold by
Baker Richard A and Baker Lisa M
Bought by
138 Polecat Llc
Seller's Agent
Kenneth Grodberg
Compass Colorado - Telluride
Buyer's Agent
Lauren Woodward
Telluride Properties
List Price
$21,500,000
Sold Price
$20,000,000
Premium/Discount to List
-$1,500,000
-6.98%
Total Days on Market
113
Views
252
Current Estimated Value
$11,408,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,591,741
Avg. Annual Appreciation
-41.41%
Original Mortgage
$14,000,000
Outstanding Balance
$13,570,861
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
-$2,162,602

Purchase Details

Listed on
Nov 25, 2023
Closed on
May 15, 2024
Sold by
Baker Richard A and Baker Lisa M
Bought by
138 Polecat Llc
Seller's Agent
Kenneth Grodberg
Compass Colorado - Telluride
Buyer's Agent
Lauren Woodward
Telluride Properties
List Price
$21,500,000
Sold Price
$20,000,000
Premium/Discount to List
-$1,500,000
-6.98%
Views
252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000,000
Outstanding Balance
$13,570,861
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
-$2,162,602

Purchase Details

Closed on
Jul 3, 2007
Sold by
Leg Investments Ltd
Bought by
Baker Richard A and Baker Kisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 1998
Sold by
Davis Abrams F and Davis Lynda
Bought by
Leg Investments Ltd

Purchase Details

Closed on
Mar 11, 1998
Sold by
Simmonds Don M and Simmonds Judith A
Bought by
Abrams F John F and Abrams Lynda S

Purchase Details

Closed on
Mar 5, 1990
Sold by
Ingersoll J J and Ingersoll A
Bought by
Simmonds D D and Simmonds J
Source: Public Records

Range of Values:

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List Price
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
138 Polecat Llc -- --
138 Polecat Llc $20,000,000 Land Title Guarantee Company
Baker Richard A $13,041 None Available
Leg Investments Ltd $700,000 --
Abrams F John F $466,300 --
Simmonds D D $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 138 Polecat Llc $14,000,000
Previous Owner Baker Richard A $9,000,000
Previous Owner Baker Richard A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $20,000,000 -7.0% $1,182 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
11/25/2023 11/25/23 For Sale $21,500,000 -- $1,270 / 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 $58,435 $960,360 $134,840 $825,520
2023 $55,849 $969,680 $136,150 $833,530
2022 $48,222 $895,490 $136,150 $759,340
2021 $49,682 $927,680 $125,130 $802,550
2020 $45,902 $868,670 $125,130 $743,540
2019 $45,603 $868,670 $125,130 $743,540
2018 $40,038 $779,660 $0 $0
2017 $36,586 $779,660 $126,000 $653,660
2016 $58,514 $1,023,240 $127,360 $895,880
2015 $57,203 $1,023,240 $127,360 $895,880
2014 $46,630 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kenneth Grodberg

    Compass Colorado - Telluride

  • L

    Buyer's Agent in 2024

    Lauren Woodward

    Telluride Properties

    (917) 378-2220

    11 in this area

    12 Total Sales

    Lauren Woodward
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Map

Source: Telluride Association of REALTORS®

MLS Number: 42099

Telluride Association of REALTORS®

APN: 108-0020257

Colorado San Miguel County Telluride 81435

138 Polecat Ln Unit 202, Telluride, CO

This home is located at 138 Polecat Ln Unit 202, Telluride, CO 81435 since 25 November 2023 and is currently estimated at $11,408,259, approximately $674 per square foot. This property was built in 2002. 138 Polecat Ln Unit 202 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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