Residential · Active

485 E Colorado Avenue

Telluride, CO 81435

5 Beds · 5 Baths · 3,852 Sq Ft

$9,250,000

Single Family

Property Type

0.29 acres

Lot Size

1989

Year Built

$2,401

Price per Sq Ft

43940

MLS #

About This Property

A truly rare offering in the heart of Telluride, this stately residence unites privacy, convenience, and exceptional potential across four flat lots. Enveloped in a park-like setting with mature trees and panoramic mountain views, the property sits just steps from Town Park and the vibrancy of downtown. The main home offers four inviting bedrooms, complemented by a separate caretaker's apartment ideal for guests, extended family, or rental versatility. Three lots encompass the existing structures, while the fourth is a standalone parcel—an extraordinary opportunity to expand into a true in-town compound or to sell independently. Properties of this scale and character are virtually nonexistent in Telluride, presenting the chance to craft an unparalled legacy estate.

408 days on market

Listed by Josh Rapaport & Katja Wichland Rapaport · LIV Sotheby's International Realty - Pine St · 970-728-8138

Last updated: 9/27/2026 12:30 AM · Source: Telluride Association of REALTORS®, MLS#: 43940

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $2,401
Subdivision None
MLS # 43940
Days on Market 408
Bedrooms 5
Full Baths 5

More Details

Year Built 1989
Lot Size (Sq Ft) 12,500
Acres 0.29
Annual Taxes $24,039
Tax Year 2025
State CO
County San Miguel County

Interior

Heating Natural Gas, Radiant Floor

Exterior & Parking

Garage Yes
Parking Features Heated Garage

Building & Lot

Construction Frame, Wood (Painted)
Sewer Septic Tank
Water Source Public
New Construction No

Location

Price History

DateEventPrice
9/24/2026 Price change
Source: Telluride Association of REALTORS® #43940
$9,250,000 -5.1% $2,401/sqft
9/2/2026 Price change
Source: Telluride Association of REALTORS® #43940
$9,750,000 -2.5% $2,531/sqft
8/3/2026 Price change
Source: Telluride Association of REALTORS® #43940
$9,995,000 -4.8% $2,595/sqft
5/21/2026 Price change
Source: Telluride Association of REALTORS® #43940
$10,500,000 -8.7% $2,726/sqft
9/7/2025 Listed for sale
Source: Telluride Association of REALTORS® #43940
$11,500,000 $2,985/sqft

© Copyright 2026 by Telluride Association of REALTORS, Inc.

Listing information last updated September 27, 2026 at 12:30 AM.

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