$4,100,000
SOLD DEC 30, 2025

462 Dragon Lode Dr Placerville, CO 81430

2 Beds
2.5 Baths
3,248 Sq Ft
332 Acres

Recently Sold

$1,262 Per Sq Ft

46 Days on Market

Highlights

  • Guest House
  • Corral
  • Solar Power System
  • Telluride Intermediate School Rated A-
  • Sauna
  • 332 Acre Lot

About This Home

As of December 2025

Non MLS Sold. Break free from it all to a remote and wild place yet convenient in a prime midpoint between Telluride and the glorious San Juan Mountains. With immersive views from Lizard Head to the La Sal's, the Dragon Lode is an original like you've never seen before. Situated on 332 private, divine acres of unparalleled beauty overlooking the San Miguel Canyon and several mountain ranges, this dramatic and dynamic assemblage offers a significant respite from the everyday while indulging in the comforts of refined living with lots of extra sleeping spaces. The main residence stands as art forged from hand-carved rock, wood and metal. Every detail reflects the passion and ingenuity of talented craftspeople whose creativity is infused into every creation.

Last Agent to Sell the Property

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 11/14/2025

Co-Listed By

Asa Van Gelder

Telluride Properties License #FA100001907

Last Buyer's Agent

Teddy Errico

LIV Sotheby's International Realty - Oak St License #FA40018586

LIV Sotheby's International Realty - Oak St

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,644

Year Built

  • Built in 1996

Lot Details

  • 332 Acre Lot
  • Gated Home

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,248 Sq Ft Home
  • Partially Furnished
  • 1 Fireplace
  • Loft
  • Sauna

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove
  • Solar Power System

Outdoor Features

  • Patio
  • Fire Pit

Farming

  • Hay Barn
  • Equipment Barn

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Propane

Additional Features

  • Guest House
  • Corral

Community Details

  • Association fees include snow removal, water
  • Built by Steeprock Joinery
  • Old Elam Ranch Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,644

Year Built

Built in 1996

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Directions: Highway 145 to CO RD 58P (Sawpit) drive onto the mesa for a few miles and go left at the V to Old Elam Ranch, make a left and follow the main Old Elam road to and veer left at the 462 Dragon Lode sign.
  • Listing Member Name: Mike Shimkonis
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 60
  • Estimated Number of Acres: 332.00
  • Prop. Type: Residential
  • Selling Member Short Id: 239
  • Selling Office Short Id: LIVOAK
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Old Elam Ranch
  • Property Sub Type: County Over 35 Acres
  • Homebuilder: Steeprock Joinery
  • Year Built: 1996
  • Year Renovated: 2022.00
  • Building Style: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Oven/Range, Refrigerator, Washer
  • EstFinishedSqFt: 3248.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Owner
  • Disability Access: County, Gravel
  • Lower Floor 1 Bedrooms: 2
  • Fireplace: 1, Woodstove
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Other
  • Disclosures: Covenants
  • Exterior Finish: Wood (Natural)
  • Lot Number: 21&22++
  • View: River Valley views
  • Deck Sq Ft: 600.00
  • Water Extras: Corral, Detached Garage, Equipment Barn, Fence, Fire Pit, Garage Door Opener, Gated, Guest House, Hay Barn, Patio/Deck, Sauna
  • Builder Architect: Glenn Harcourt
  • Substructure: Slab

Garage/Parking

  • Covered Parking: 3 Car, Carport, Garage
  • OpenAreaParking: 3 Car +
  • Parking: 2 Car Garage
  • Additional Structure Garage Sq Ft: 1057.00

Utilities

  • Electric: Solar
  • Gas Company: Propane Tanks
  • Hot Water: Public
  • Heating: Baseboard, Gas

Condo/Co-op/Association

  • HOA Fees: 5000.00
  • HOAMangmentCompanyInfo: Old Elam Ranch HOA on 152 acres. No HOA on the remainder.
  • HOA Fees Includes: Snow Removal, Water

Fee Information

  • PaymentPer: Year
  • Taxes: 17643.70

Lot Info

  • Irrigation: Yes
  • Zoning: Residential
  • Lofts: One

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2025
Closed on
Dec 30, 2025
Sold by
Gilliland Jennifer Crowell
Bought by
Telly Ranch Llc
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Teddy Errico
LIV Sotheby's International Realty - Oak St
Sold Price
$4,100,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-83.22%

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 1, 2021
Sold by
Gubelmann Wyeth Stillman and Gubelmann Marisa Bodell
Bought by
Gilliland Jennifer
Seller's Agent
Stephen Cieciuch
Telluride Properties
Buyer's Agent
Mike Shimkonis
Telluride Properties
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.62%

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 29, 2021
Sold by
Gubelmann Wyeth Stillman and Gubelmann Marisa Bodell
Bought by
Gilliland Jennifer Crowell
Seller's Agent
Stephen Cieciuch
Telluride Properties
Buyer's Agent
Mike Shimkonis
Telluride Properties
Sold Price
$2,650,000

Purchase Details

Closed on
Jul 18, 1994
Sold by
Old Elam Ranch Inc
Bought by
Gubelmann Wyeth Stillman

Purchase Details

Closed on
Jun 12, 1989
Sold by
Johnson V.
Bought by
Old Elam Ranch Inc

Purchase Details

Closed on
Dec 16, 1986
Sold by
Milliken Land and Milliken Catt
Bought by
Johnson Vincent J
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $4,100,000 Land Title Guarantee Company
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- Land Title Guarantee
Warranty Deed $2,650,000 Land Title Guarantee
Deed $165,000 --
Deed $778,900 --
Deed $1,277,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2025 12/30/25 Sold $4,100,000 +54.7% $1,262 / Sq Ft
11/14/2025 11/14/25 Pending -- -- --
04/01/2021 04/01/21 Sold $2,650,000 -- $1,815 / Sq Ft View Prior Sale
01/19/2021 01/19/21 Pending -- -- --
Source: Telluride Association of REALTORS®

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 $2,552 $58,250 $22,680 $35,570
2023 $2,392 $58,810 $22,900 $35,910
2022 $1,792 $58,810 $22,900 $35,910
2021 $1,831 $47,540 $18,150 $29,390
2020 $2,072 $54,390 $28,740 $25,650
2019 $2,041 $54,390 $28,740 $25,650
2018 $1,837 $51,000 $0 $0
2017 $1,599 $51,000 $28,940 $22,060
2016 $1,736 $54,590 $31,990 $22,600
2015 $1,680 $54,590 $31,990 $22,600
2014 $1,500 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 44160

Telluride Association of REALTORS®

APN: 104-0094180

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