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Market Report

San Miguel County Market

San Miguel County Market

Several real estate market segments exist in San Miguel County. They include the nationally registered historic town of Telluride, Telluride Mountain Village, Greyhead, Aldasoro, West Meadows, Elk Run, Ski Ranches, Raspberry Patch, Last Dollar, Mesa and Ranch property and Down Valley.

View Map The Town of Telluride

 

The Town of Telluride is on the National Historic Register requiring historic buildings to be rebuilt; not demolished. Strict design guidelines for new construction must be followed and are enforced by HARC (Historical Architectural Review Commission). Small two bedroom cottages to renovated Victorian estates can be found in Telluride that range from $500,000 to $3,500,000. Condominiums can be purchased from $80,000 to $2,650,000 ranging in size from studios to four bedrooms. A limited supply of vacant lots can also be found within town limits. Residential lots are priced from $250,000 to $1,500,000.

 

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View Map Regional Mesa, Ranches and Subdivisions

 

Homes in Ski Ranches, Greyhead, West Meadows, Aldasoro, Elk Run, Raspberry Patch and Last Dollar surround the Telluride Mountain Village and the town of Telluride. All are within ten minutes from the ski area and are sited on half acre to 35-acre parcels of land. Greyhead has a shared equestrian center and an extensive trail network. Homes range in price from $495,000 to $8,250,000. Vacant land ranges in price from $179,500 to just over $10,000,000.

 

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View Map Down Valley

 

Homes down valley in Illium, Sawpit, Fall Creek and Placerville have the red rock canyon formed by the San Miguel River as their backdrop. These quieter neighborhoods are within twenty minutes from the town of Telluride. Homes range from $250,000 to $600,000. Land prices are between $125,000 for a small parcel to $1,400,000 for a 72-acre parcel.

 

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View Map Ophir to Trout Lake

 

South of Telluride and Telluride Mountain Village lie the tiny villages of Ophir and Trout Lake. Ophir sits in its own pristine valley on the southern side of the ski resort. Trout Lake is near Lizard Head Pass and is in the midst of thousands of acres of national forest service land. Ophir and Trout Lake are within twenty minutes of Telluride Mountain Village. Homes range in price from $215,000 to $$1,375,000. Land prices are between $165,000 to $1,250,000.

 

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