501 E Colorado Avenue Telluride, CO 81435
Listing Courtesy of: TELLURIDE / Listed By: Telluride Properties

  501 E Colorado Avenue Telluride, CO 81435

Active (5 Days)
$17,500,000 (USD)
5
BED
5
BATH
4,172
SQFT

Description

Just two blocks from the heart of historic downtown Telluride and directly across from its iconic Town Park, home to Telluride's summer festivals, this highly coveted location boasts an elegantly remodeled Victorian home nestled on three spacious lots, which span nearly 10,000 square feet of property. The residence captures panoramic views of Bear Creek, Ballard and Ajax mountains, with Bridal Veil Falls to the east and Telluride's Ski Resort to its west.

Comprising nearly 5,000 square feet, this five-bedroom, four-and-a-half-bath residence with attached two-car garage and private guest suite features a bright, open floor plan on both the main and upper levels.

Please see video in the Photos. With ample space for guests, as well as a wellness fitness studio (or bunk room conversion into a sixth bedroom), the layout affords all a private space to relax and rejuvenate. Outside, an eight-person hot tub and built-in grill and fire pit are perfect for year-round entertainment, whether it's après-ski season, summer hiking and biking, or enjoying music and the autumn hues in Telluride's Town Park.

What's more, this offering is further distinguished by its capacity to expand. The residence occupies two of the property's three lots -- the third with potential for an entirely separate residence or an additional guest cottage for the main house. Schematics from award-winning Telluride architect Peter Sante are already in place, beautifully charting and complementing the existing home; it is primed to be developed.

Telluride Town Park lies just steps from the front door: the town's 36-acre central recreation hub, home to the kids' fishing pond, pool, tennis courts, and Nordic skiing, and host to Telluride's world-renowned music festivals, enjoyed right from the home's porch swing. Holdings of this scale and in this location rarely reach the market, and when they do, they do not stay long. 501 East Colorado Avenue is not simply a house for sale; it is one of the last true legacy properties the east end has left to offer.

MLS #:
44885
Taxes
$26,736(2025)
Lot Size
9,375 SQFT
Type
Single-Family Home
Year Built
1983
Style
Victorian
County
San Miguel County

Listed By

Brian O'Neill, Telluride Properties
Source
TELLURIDE
Last checked Sep 10 2026 at 7:19 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathroom: 1
Interior Features
  • Wet Bar
Subdivision
  • None
Property Features
  • Fireplace: Gas Log
Heating and Cooling
  • Baseboard
  • Hot Water
  • Radiant Floor
  • Natural Gas
Exterior Features
  • Fire Pit
Utility Information
  • Utilities: Phone Available
  • Sewer: Septic Tank
Parking
  • Garage Door Opener
Living Area
  • 4,172 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Sotheby's International Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.