$2,025,000
SOLD APR 28, 2025

70 Nimbus Dr Unit 702 Telluride, CO 81435

4 Beds
3.5 Baths
2,987 Sq Ft
0.5 Acres

Recently Sold

$678 Per Sq Ft

9% Below List Price

17 Days on Market

Highlights

  • Sauna
  • 0.5 Acre Lot
  • Patio
  • Telluride Intermediate School Rated A-
  • 1 Fireplace
  • Baseboard Heating

About This Home

As of April 2025

If you're looking for a scenic home with character & a connection to Telluride's post-mining town history, this may be the perfect fit. This circa 1976 home has good vibes & a bonus Accessory Dwelling Unit! Positioned adjacent to neighborhood open space & with a front-row seat to Telluride's big mountains & main valleys, the setting gives the feeling of flying like an eagle without ever leaving your backyard, overlooking the Valley Floor & the twinkling lights of Telluride town & Mountain Village. The main home has 3 bedrooms & 2 1/2 baths & a separate 1 bedroom lower-level apartment along with a 1-car garage. It is the pick of the litter developer's parcel never before on the market. If this sounds like it's the right fit for you, give me a call to schedule a showing today.

Last Agent to Sell the Property

Mike Shimkonis

Telluride Properties License #FA40017979 Listed on: 03/03/2025

Co-Listed By

Asa Van Gelder

Telluride Properties License #FA100001907

Last Buyer's Agent

Allison Templin

Telluride Properties License #FA40039390

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1976

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,987 Sq Ft Home
  • Partially Furnished
  • 1 Fireplace
  • Sauna
  • Finished Basement
  • Crawl Space

Kitchen

  • Kitchenette
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Utilities

  • Baseboard Heating
  • Propane

Additional Features

  • Patio
  • 0.5 Acre Lot

Community Details

  • Association fees include sewer, snow removal, trash, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1976

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Directions: From Highway 145 heading down valley, take the first right onto Vela after the roundabout and drive approximately .5 mile, turn slightly left on Nimbus and it's the first house on the left.
  • Listing Member Name: Mike Shimkonis
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 30
  • Estimated Number of Acres: 0.50
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 411
  • Selling Office Short Id: TPROPOAKST
  • Home Age: 40+ Years
  • Deed Restrict: None
  • Property Sub Type: County PUD
  • Year Built: 1976
  • Year Renovated: 2020.00
  • Building Style: Other
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Elec Oven/Range, Kitchenette, Refrigerator, Washer
  • EstFinishedSqFt: 2987.00
  • Lower Floor 1 Half Bathrooms: 1
  • Source Sq Ft: Assessor
  • Disability Access: Paved
  • Lower Floor 1 Bedrooms: 4
  • Fireplace: 1, Artificial Gas Logs
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Frame, Poured Concrete
  • Disclosures: Covenants, Leased, RETA
  • Exterior Finish: Wood (Painted)
  • Lot Number: 11
  • Roof: Metal
  • View: Ski Area
  • Deck Sq Ft: 400.00
  • Water Extras: Patio/Deck, Sauna
  • Builder Architect: Bob Garber
  • Substructure: Crawl Space, Finished Basement

Garage/Parking

  • Covered Parking: 1 Car, Garage
  • OpenAreaParking: 3 Car +
  • Parking: 1 Car Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 5135.00
  • HOAMangmentCompanyInfo: Last Dollar PUD
  • HOA Fees Includes: Sewer, Snow Removal, Trash, Water

Fee Information

  • PaymentPer: Year
  • Taxes: 2212.42

Lot Info

  • Land Sq Ft: 21780.00
  • Irrigation: No
  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 6, 2025
Sold by
Kamin Eleanor
Bought by
Newman Rebekah G
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Allison Templin
Telluride Properties
List Price
$2,225,000
Sold Price
$2,025,000
Premium/Discount to List
-$200,000
-8.99%
Total Days on Market
17
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
563.50%
Original Mortgage
$1,200,000
Outstanding Balance
$1,200,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,246,859

Purchase Details

Listed on
Mar 3, 2025
Closed on
Apr 28, 2025
Sold by
Kamin Eleanor
Bought by
Newman Rebekah G
Seller's Agent
Mike Shimkonis
Telluride Properties
Buyer's Agent
Allison Templin
Telluride Properties
List Price
$2,225,000
Sold Price
$2,025,000
Premium/Discount to List
-$200,000
-8.99%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,200,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,246,859

Purchase Details

Closed on
Jul 25, 1989
Sold by
Kamin H H and Kamin E
Bought by
Kamin Eleanor
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Contract Of Sale -- --
Warranty Deed $2,025,000 Land Title Guarantee Company
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $2,025,000 -9.0% $678 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $2,225,000 -- $745 / 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 $2,212 $50,830 $22,110 $28,720
2023 $2,074 $51,320 $22,320 $29,000
2022 $1,680 $51,320 $22,320 $29,000
2021 $1,716 $44,400 $23,600 $20,800
2020 $1,865 $48,770 $23,600 $25,170
2019 $1,837 $48,770 $23,600 $25,170
2018 $1,219 $33,680 $0 $0
2017 $1,061 $33,680 $23,760 $9,920
2016 $1,374 $43,000 $30,810 $12,190
2015 $1,325 $43,000 $30,810 $12,190
2014 $1,429 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Shimkonis

    Seller's Agent in 2025

    Mike Shimkonis

    Telluride Properties

    (970) 708-2157

    104 in this area

    151 Total Sales

    Mike Shimkonis
    Section Image
  • Asa Van Gelder

    Seller Co-Listing Agent in 2025

    Asa Van Gelder

    Telluride Properties

    (970) 708-1220

    93 in this area

    166 Total Sales

    Asa Van Gelder
    Section Image
  • Allison Templin

    Buyer's Agent in 2025

    Allison Templin

    Telluride Properties

    (970) 708-0996

    58 in this area

    78 Total Sales

    Allison Templin
    Section Image
See All Agents

Map

Source: Telluride Association of REALTORS®

MLS Number: 43293

Telluride Association of REALTORS®

APN: 103-0007855

Colorado San Miguel County Telluride 81435

70 Nimbus Dr Unit 702, Telluride, CO

This home is located at 70 Nimbus Dr Unit 702, Telluride, CO 81435 and is currently priced at $2,025,000, approximately $677 per square foot. This property was built in 1976. 70 Nimbus Dr Unit 702 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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Telluride Association of REALTORS® The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. ©Copyright 2025 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc.

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