$17,500,000
SOLD NOV 8, 2023

8121 Preserve Dr Telluride, CO 81435

13 Beds
13 Baths
18,241 Sq Ft
28.03 Acres

Recently Sold

$959 Per Sq Ft

3% Below List Price

258 Days on Market

Highlights

  • Corral
  • Second Kitchen
  • Spa
  • Telluride Intermediate School Rated A-
  • Home Theater
  • Sauna

About This Home

As of November 2023

Enjoy the feel and privacy of a ranch on the mesa but without the drive time. 8121 Preserve Drive strikes the perfect balance between privacy and accessibility on 28 wooded acres located just ten minutes from all that Telluride has to offer. The main residence features two attached but separate guest wings for family and friends, while also providing for just two people to live comfortably with an expansive primary suite conveniently situated over the main living area. Wide-plank Douglas Fir flooring with dovetail accents and a massive wood-burning fireplace provide a warm tone throughout the space for enjoying the ambiance and incredible views of Mount Wilson and Sunshine Peak. The property includes two stand-alone guest cottages on property as well as deeded underground parking &

Last Agent to Sell the Property

Alex Martin

Telluride Properties Main St. License #FA100002755 Listed on: 01/16/2023

Co-Listed By

Marcin Ostromecki

Telluride Properties Main St. License #FA100054617

Last Buyer's Agent

Bill Fandel

Compass Colorado - Telluride License #FA40010785

Compass Colorado - Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,797

Year Built

  • Built in 1994

Lot Details

  • 28.03 Acre Lot
  • Gated Home

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 18,241 Sq Ft Home
  • Central Vacuum
  • Furnished
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Window Treatments
  • Home Theater
  • Loft
  • Game Room
  • Sauna
  • Radiant Floor
  • Finished Basement
  • Crawl Space
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Steam Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 5 Car Garage

Outdoor Features

  • Spa
  • Patio
  • Outdoor Water Feature

Utilities

  • Forced Air Heating System
  • Well
  • Water Softener

Additional Features

  • Equipment Barn
  • Corral

Community Details

  • Built by Fortenberry
  • Preserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,797

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Co Selling Member Short Id: bfab
  • Directions: End of Preserve Drive
  • Listing Member Name: Alex Martin
  • Listing Office Short Id: 3737
  • Major Area: 30
  • Estimated Number of Acres: 28.03
  • Open House Office I D: 20240605205840903266000000
  • Prop. Type: Residential
  • Selling Member Short Id: 214
  • Selling Office Short Id: compass
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Preserve
  • Property Sub Type: County PUD
  • Homebuilder: Fortenberry
  • Year Built: 1994
  • Year Renovated: 2002.00
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Kitchenette, Microwave, Refrigerator, Washer, Water Softener
  • EstFinishedSqFt: 18241.00
  • Lower Floor 1 Half Bathrooms: 2
  • Source Sq Ft: Assessor
  • Disability Access: Private
  • Lower Floor 1 Bedrooms: 13
  • Fireplace: 3, Artificial Gas Logs, Wood Burning
  • Furnished: Full

Exterior Features

  • Exterior Construction: Frame, Stone
  • Disclosures: Covenants
  • Exterior Finish: Stone, Wood (Natural)
  • Lot Number: 11 & 12
  • Roof: Metal
  • View: San Sophia Ridge
  • Water Extras: Central Vac, Corral, Equipment Barn, Game Room, Gated, Home Theater, Hot Tub, Humidification, Patio/Deck, Sauna, Secondary Kitchen, Security System, Snow Melt System, Steam Shower, Water Feature, Window Coverings
  • Substructure: Crawl Space, Finished Basement

Garage/Parking

  • Covered Parking: 1 Car, 5 Car, Garage
  • OpenAreaParking: 3 Car +
  • Parking: 5+ Car Garage

Utilities

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

Fee Information

  • Taxes: 34797.48

Lot Info

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

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Nov 8, 2023
Sold by
8121 Preserve Llc
Bought by
Farm House Trust
Seller's Agent
Alex Martin
Telluride Properties LLC
Buyer's Agent
Bill Fandel
Compass
List Price
$18,000,000
Sold Price
$17,500,000
Premium/Discount to List
-$500,000
-2.78%
Views
344
Current Estimated Value
$11,018,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,481,023
Avg. Annual Appreciation
-20.24%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 3, 2018
Sold by
Dn The Mark Llc
Bought by
8121 Preserve Llc
Seller's Agent
Stephen Cieciuch
Telluride Properties
Buyer's Agent
KENNETH GRODBERG
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$7,437,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Oct 2, 2018
Sold by
On The Mark Llc
Bought by
8121 Preserve Llc
Seller's Agent
Stephen Cieciuch
Telluride Properties
Buyer's Agent
KENNETH GRODBERG
PEAKS REAL ESTATE, SOTHEBY'S INT'L.
Sold Price
$7,437,500

Purchase Details

Closed on
Jul 3, 2007
Sold by
Rights Water and Martin Thoams B
Bought by
The Mark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,050,000
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2000
Sold by
Glazer Erika J
Bought by
Martin Thomas B and Martin Mary K

Purchase Details

Closed on
Jul 29, 1994
Sold by
Mesa-Z Inc
Bought by
Glazer Erika J

Purchase Details

Closed on
Nov 8, 1991
Sold by
Mesa-Z Inc
Bought by
Glazer Erika J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $17,426,500 Land Title Guarantee Company
Warranty Deed $7,397,500 Land Title Guarantnee Co
Bargain Sale Deed -- Land Title Guarantee
Special Warranty Deed -- None Available
Deed $7,550,000 --
Deed -- --
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,050,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $17,500,000 0.0% $959 / Sq Ft
11/08/2023 11/08/23 Sold $17,500,000 -2.8% $959 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
10/02/2023 10/02/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $18,000,000 0.0% $987 / Sq Ft
01/16/2023 01/16/23 For Sale $18,000,000 +142.0% $987 / Sq Ft
10/05/2018 10/05/18 Sold $7,437,500 -- $394 / Sq Ft
08/29/2018 08/29/18 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 $34,020 $731,040 $88,440 $642,600
2023 $31,890 $738,130 $89,300 $648,830
2022 $30,900 $771,050 $89,300 $681,750
2021 $31,510 $818,220 $97,240 $720,980
2020 $20,154 $574,200 $85,090 $489,110
2019 $21,545 $574,200 $85,090 $489,110
2018 $25,214 $699,850 $0 $0
2017 $21,938 $699,850 $108,000 $591,850
2016 $26,367 $829,190 $119,400 $709,790
2015 $25,513 $910,810 $119,400 $791,410
2014 $19,958 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 41324

Telluride Association of REALTORS®

APN: 104-0094076