$2,300,000
SOLD JAN 31, 2025

221 E Colorado Ave Unit J Telluride, CO 81435

4 Beds
4 Baths
1,236 Sq Ft
$452/mo HOA Fee

Recently Sold

$1,861 Per Sq Ft

8% Below List Price

29 Days on Market

About This Home

As of January 2025

Stunning Views, Unbeatable Location & Exceptional Upside Potential. Welcome to your next great investment opportunity or dream vacation condo in the making! This condo offers breathtaking floor to ceiling windows and views of Bear Creek and Telluride's main street that will leave you captivated. This unit is short-term rental friendly, presenting a rare opportunity to generate significant income. Unlock the full potential of this space with the opportunity to transform it into a high-end luxury unit. Customize and modernize to your vision and reap the rewards of increased value & desirability. Whether you're looking to capitalize on the short-term rental potential, develop a luxury retreat, or secure a prime property in an unbeatable location, this condo offers an exceptional opportunity.

Last Agent to Sell the Property

Brigitte dePagter Kusuno

Telluride Real Estate Brokers, Inc. License #FA40037993 Listed on: 12/17/2024

Co-Listed By

Dirk De Pagter

Telluride Real Estate Brokers, Inc. License #EA40006143

Last Buyer's Agent

Robert Downing

Telluride Properties License #FA100048011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,461

Year Built

  • Built in 1982

HOA Fees

  • $452 Monthly HOA Fees

Home Design

  • 1,236 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Covered Space
  • 3 Car Parking Spaces

Additional Features

  • Kitchenette
  • Radiant Ceiling

Community Details

  • 8 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,461

Year Built

Built in 1982

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Directions: Located above Cashmere Red on the north side of Colorado Ave between Willow and Spruce.
  • Listing Member Name: Brigitte DePagter Kusuno
  • Listing Office Short Id: TREB
  • Major Area: 10
  • Open House Office I D: 20081028201310781168000000
  • Prop. Type: Condo
  • Selling Member Short Id: willd
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 40+ Years
  • Deed Restrict: None
  • Property Sub Type: Multi-Unit Buildings
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Appliances: Kitchenette
  • EstFinishedSqFt: 1236.00
  • Source Sq Ft: Assessor
  • Disability Access: City
  • Lower Floor 1 Bedrooms: 4
  • Furnished: None
  • Studio: No

Exterior Features

  • Disclosures: Leased, RETT
  • View: Main Street

Garage/Parking

  • Covered Parking: 1 Car
  • OpenAreaParking: 2 Car
  • Parking: 3 Car

Utilities

  • Electric: Power Company
  • Hot Water: Public
  • Heating: Radiant Ceiling

Condo/Co-op/Association

  • Total Number of Units: Wasatch
  • HOA Fees: 451.62

Fee Information

  • PaymentPer: Month
  • Taxes: 8461.00

Lot Info

  • Zoning: Residential/Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Numberof Units: 8

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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

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $2,300,000 -7.9% $1,861 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $2,498,000 +141.4% $2,021 / Sq Ft
12/13/2018 12/13/18 Sold $1,035,000 -- $789 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
Source: Telluride Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 43120

Telluride Association of REALTORS®