$7,437,500
SOLD OCT 5, 2018

8121 Preserve Dr Telluride, CO 81435

13 Beds
13 Baths
18,892 Sq Ft
28.02 Acres

Recently Sold

$394 Per Sq Ft

Highlights

  • Guest House
  • Stables
  • Spa
  • Telluride Intermediate School Rated A-
  • Home Theater
  • 28.02 Acre Lot

About This Home

As of November 2023

Enjoy the feel of a private ranch on the mesas without the drive time, located only 5 minutes from Mountain Village and 12 minutes from Telluride. This idyllic residence affords contemporary finishes with timeless rustic accents that provide a warm living experience with massive views of Wilson Peak and Sunshine Mountain. The home has two guest wings that can be opened up to accommodate extended family and friends or the home lives comfortably for two by simply enjoying the master bedroom located above the kitchen, dining and living room. This idyllic 28 acre compound bordering USFS includes a 7 bedroom main residence, two guest cottages, caretaker's residence, horse barn, paddle tennis court and a deeded parking space with storage in Mountain Village for convenient access to skiing.

Last Agent to Sell the Property

Stephen Cieciuch

Telluride Properties License #EA1261945 Listed on: 08/29/2018

Co-Listed By

Anna Wilson

Telluride Properties License #FA100077988

Last Buyer's Agent

KENNETH GRODBERG

PEAKS REAL ESTATE, SOTHEBY'S INT'L.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,574

Year Built

  • Built in 1993

Lot Details

  • 28.02 Acre Lot
  • Sprinkler System

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stone Exterior Construction

Interior Spaces

  • 18,892 Sq Ft Home
  • Central Vacuum
  • Partially Furnished
  • Window Treatments
  • Home Theater
  • Radiant Floor
  • Finished Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Steam Shower

Home Security

  • Home Security System
  • Intercom

Parking

  • Detached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Outdoor Features

  • Spa
  • Patio
  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Corral
  • Stables

Utilities

  • Forced Air Heating System
  • Well

Additional Features

  • Guest House
  • Hay Barn

Community Details

  • Preserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,574

Year Built

Built in 1993

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Directions: End of Preserve Drive
  • Listing Member Name: Steve Cieciuch
  • Listing Office Short Id: TPROPOAKST
  • Major Area: 30
  • Estimated Number of Acres: 28.02
  • Open House Office I D: 20081028201314033475000000
  • Prop. Type: Residential
  • Selling Member Short Id: 193
  • Selling Office Short Id: tsirm
  • Home Age: 21 - 40 Years
  • Deed Restrict: None
  • FILLSUBDIVISION: Preserve
  • Property Sub Type: 35 Acres and Below
  • Year Built: 1993
  • Year Renovated: 2002.00
  • Building Style: Ranch
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 18892.00
  • Lower Floor 1 Half Bathrooms: 2
  • Source Sq Ft: Assessor
  • Disability Access: Private
  • Lower Floor 1 Bedrooms: 13
  • Furnished: Partial

Exterior Features

  • Exterior Construction: Frame, Log, Stone
  • Disclosures: Covenants
  • Exterior Finish: Wood (Natural)
  • Lot Number: 11 & 12
  • Roof: Metal
  • Water Extras: Central Vac, Corral, Detached Garage, Garage Door Opener, Guest House, Hay Barn, Home Theater, Hot Tub, Humidification, Intercom, Lawn Sprinkler, Patio/Deck, Security System, Stable, Steam Shower, Window Coverings, Work Shop
  • Substructure: Crawl Space, Finished Basement

Garage/Parking

  • Covered Parking: 1 Car, 5 Car
  • OpenAreaParking: 3 Car +
  • Parking: 4 Car

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 3200.00
  • HOA Amenities: Dogs Permitted, Horses Permitted

Fee Information

  • PaymentPer: Year
  • Taxes: 35574.16

Lot Info

  • Zoning: Residential
  • Lofts: None

Tax Info

  • Tax Year: 2017

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: 36176

Telluride Association of REALTORS®

APN: 104-0094076