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Mountain Village Ski in Ski out Lot Contracts priced at $3,500,000
The Mountain Village is starting to see signs of life as several new condos and homes have contracted in the past few weeks. Investors seem to know that now is a great time to buy and this is clear with all the new transactions we are seeing. The most recent transaction is this lot located at 119 Yellow Brick Rd and listed for $3,500,000.00. See link below for more info and photos.
Now is the time!
Follow this link to see the
page:
<A HREF="http://www.flexmls.com/link.html?wxk32p84ufy,2,1">Click
to view listing(s)</a>
This link is valid until
5/5/2012.
Another Depot lot in Telluride under contract
The Town of Telluride and Depot lane has been on fire. We just had a river front lot close for $1,700,000 and a home close for 6 million at just over $1,100,000 a square foot. There have been many signs that the bottom has come and gone in the Town of Telluride. The most recent lot on Depot just contracted today and was listed just under 2 million. With only one more lot listed for sale on Depot for $1,450,000 it is just a matter of time before it will be gone. Depot is one of the best locations in Telluride and only a short walk to the Gondola and Lift 8. Don't miss your chance to own one of the last remaining developable Depot lots. Please see the link below on the last available lot.
Follow this link to see the
page:
<A HREF="http://www.flexmls.com/link.html?wxjq3gprx7m,2,1">Click
to view listing(s)</a>
This link is valid until
5/4/2012.
Powder Magazine Article about Telluride
Life is Better in Telluride
A spring sojourn to the San Juans
Words and Photos: Matt Hansen
This winter, like so many in the past, I slept on numerous surfaces not resembling a traditional bed. Most of the time, it was on a couch covered in cat and dog hair, while said cats and dogs nervously tap-danced around the tile floor with their long claws and paws, no doubt wondering who the stranger was parked on their couch.
On Christmas Eve, I slept in a tent on a deck. Then I cozied up on an air mattress, then another floor, then back to a couch, then another air mattress. There were a few hotels and Motel 6′s mixed in there, as well as a bunk in a backcountry yurt. In between there were quite a few powder days and lots of hill-banging-by most accounts a positive, often-glorious, and always-beautiful experience despite the chorus of negativity surrounding the Winter of Doom, otherwise known as 2011-12. In my case, things could have been worse, as in having no roof over my head, no friends, no freedom to roam, no sleeping bag, and no skis to use once I got to my destination. Accommodations didn’t even matter so much, even the dirty ones, which are always great for meeting people with the crazy eyes, the dogs with the wild hair, and the cats with the sketchy past.
And then, in the midst of a terrific storm on March 19, the last official day of winter (at least on the calendar), I drove into Telluride. There are still a few crazy eyes and wild hairs of the kind that made Telluride famous for its haven of misfit ski bums, but they are few and far between now. Instead, what you see more often than not…is perfection, either in the Hollywood designer-jeans way, or the picturesque mountain way.
The icicles hang in unison, and each are the same length, as if placed there by Santa’s elves. Quaint Victorian houses snuggle up to the gondola and Chair 8, where bikes-not cars-are parked out front and foretell a better way of life. The lifts go straight up from town, providing access to more than 2,000 acres of some of the world’s finest skiing. The lack of lift lines-and a little hiking-means you can ski bluebird powder at 2 o’clock in the afternoon. In the casual approach reminiscent of springtime in the Alps, there is no frenzied dash to get on the lift. Especially once Daylight Savings hits. For the last three years, Telluride has shifted its operating hours on Daylight Savings to run from 10 a.m. to 5 p.m. So you get your late nights, late breakfasts, and late afternoons swooshing among the splendid peaks of the San Juans Mountains.
After a season spent mostly on floors and couches-I’ve become quite good at wiping the grit off the bottom of my feet before I put on my socks-it was nice to see how the other side lives. Apparently, they retire to the Columbia Inn, Suite 32, amazingly fluffy king bed, heated floors, two flat screen TVs, and about as close as you could ever be to 3,845 vertical feet of lift-served skiing (total vert is 4,425 feet, but you have to hike for it). At the Columbia Inn, no grimy foot-wipe required.
The storm dropped more than a foot in a day and a half, and left a sparkling blue sky in its wake. It wasn’t epic by any means, but whether or not something is epic is not how we should define our skiing experiences. Perhaps one of the reasons we skiers have found ourselves in such a predicament lately is that somehow, somewhere everyone decided that the only skiing worth doing was the kind that left us gasping for air and/or scared to death. While it’s good to test our limits and seek out adventure, we shouldn’t be afraid to pull back on the reins, or god forbid, enjoy a day of variable snow. Plus, I’m tired of being scared. I’m tired of being scared for my friends. And after this winter, I’m especially tired of hearing people complain about having less than amazing snow. Just give me a skin track, a chairlift or two, free parking, and the perspective to see my ridiculous good fortune at being able to ski, period, and I’ll be happy. We shouldn’t have to ask for something to be epic in order for it to be worthy day in the mountains.
The beauty of Telluride is that you can imagine being epically scared while taking in the dramatic views of Bear Creek from the top of several chairlifts. Only instead of being actually scared, you can ski cheerfully over to Bon Vivante for some on-mountain dining of foie gras and duck confit, washed down by a tall Chimay Blue. I’ve skied Bear Creek before, but on this day, in this season, I’d rather save my daring for eating duck liver smeared on mini toasts.
After lunch, we hiked 10 minutes above the Revelations lift to drop into the Gold Hill 2. Chutes 3-10 were closed due to the fresh snow sitting on wicked sun crust, but no matter. To the west we could see Wilson Peak and Lizard Head, to the north was Mount Sneffels, and right behind us the gaping maw of Bear Creek. Getting ready to ski were several middle-aged tourists lacking packs or fat skis, plus a few friendly ski patrollers. They warned us about the rocks at the entrance, and then hit a few themselves.
Gold Hill 2 emptied into the lower stretch of Gold Hill 3, via a low-tide goat path. After another short traverse, we found knee-deep low-angle powder. At that point, I forgot all about what kind of bed I would sleep on that night, and could only hope the season would continue in exactly the same fashion.
Details, Details
Tellurideskiresort.com
Annual Snowfall: 309 inches
Vertical: 4,425 feet (3,845 lift-served)
Lodging: Columbia Inn, columbiatelluride.com
Best Deal: Telluride Resort Lodging is offering half-off lodging off select places through the end of the season, April 8. Also through the end of the season, friends and family of Season Pass holders can buy lift tickets for $59.
Signs that the Market is Coming Back
Town tax revenues coming in strong
2011 sales tax numbers highest in years
By Katie Klingsporn
Editor
The town’s sales and use tax revenues, a major funding source that comes mostly from retail outlets in town, totaled $4.36 million in 2011 — the highest in at least five years and a 3.5 percent improvement over 2010, according to town numbers.
Sales tax revenues were up during nine out of 12 months of the year, with a notable upward swing during the last four months.
December revenues of $536,987 were the highest for that month in four years, and were 9.4 percent above the same month in 2010. November revenues were up 3.5 percent, October’s increased 13.9 percent and September’s rose 16.8 percent. August saw a decline, but it came a year after the Phish concerts boosted that month’s activity significantly.
“We ended up with a fairly positive tax revenue picture,” said Town Manager Greg Clifton. “We had a very strong fall shoulder season and a strong December. That really was the end to a year that has been consistently in the positive.”
It marks the second year of steady tax revenue collection since the recession hit, which caused Telluride’s revenues to plummet in 2008 and 2009 and forced the town to axe its budget, freeze spending and lay off employees.
“We had back to back years [2010 and 2011] of decent revenues that surpassed budget estimates,” Clifton said. “That’s good news. It means we’re rolling right along. I think it’s a good indicator of how our local economy is doing.”
Real estate transfer tax revenues, which provide another major revenue stream for the town, came in slightly less in 2011 than 2010. The year total was $2.8 million, down from $3.1 million in 2010.
Again, December numbers showed a year-over increase — coming in at $192,871, a 21 percent increase over the same month in 2010. Other notable months for RETT collections were June, with $322,650 and February, with $429,110. But showings weren’t as strong as sales tax, and several months saw RETT numbers falling from the year before.
Clifton said that while RETT revenues didn’t meet the town’s projections, they were close.
“We felt good about where we ended up,” Clifton said.
Clifton attributed the strong year-end sales tax revenues to a regional effort to extend Telluride’s fall shoulder season. That led into a strong holiday season, he said.
Wendy Basham and Todd Tice, co-owners of Telluride Trappings & Toggery, said their numbers have held up this season compared to last year.
“We haven’t seen a huge increase, but last year was a really good year for us,” Basham said. “There’s definitely been an uptick over the last two years. Things have just slowly gotten a lot better.”
Tice, too, said their numbers are solid. Recent snowfall has helped with the momentum of the season, he said.
Town Council Member Chris Myers said Telluride’s recent effort to extend the gondola season should help the fall off-season grown economically.
“We need to make sure we’re having sound policies that support a healthy business environment and healthy real estate economy as well,” Myers said.
Christie’s International Real Estate is a proud sponsor of the 2012 Tavistock Cup
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Christie’s International Real Estate is a proud sponsor of the 2012 Tavistock Cup, which takes place March 19 and 20 at Lake Nona Golf & Country Club in Orlando, Florida. The ninth installment of this officially sanctioned PGA TOUR event between the touring professional members of Albany, Isleworth, Lake Nona and Queenwood Golf Club will be televised on the Golf Channel in the U.S., Canada, China, and Japan. Skysports and other international affiliated stations also air the live broadcast to the United Kingdom, Australia, Latin America, and South Africa. Tavistock Cup’s live coverage, re-airs, and highlights reach nearly 120 million households in more than 200 countries worldwide. The first-ever broadcast advertising from Christie’s International Real Estate will air four times during the Tavistock Cup telecast. We are pleased to be able to invest the network’s marketing dollars into such an expansive and prestigious global advertising platform. The commercial will be posted on our Web site the day it premieres, March 19. The broadcast schedule is available on the Web site as well. Look for the Tavistock Cup under the home page photo carousel of www.christiesrealestate.com for updates leading up to the tournament. Recognized by many as the World Golf and Country Club Championship, the Tavistock Cup will be contested on Lake Nona’s Tom Fazio-designed course, which continually ranks among the top residential courses in the world and has been host to a number of international tournaments. The competition between the golf club communities of Isleworth and Lake Nona, both exclusive Affiliates, began as a friendly cross-town rivalry between their golf professional members in 2004. Last year, it was expanded to include two international clubs: Albany, a new luxury resort in the Bahamas, and the exclusive Queenwood Golf Club, a traditional private golf club outside of London featuring a heathland course. Each year, Tavistock Cup contestants play for prize money, team hole-in-one prizes and the title of World Golf and Country Club Champion. Over the first eight years, more than $6.5 million has been donated to local, national and international charities. But what makes this inter-club rivalry all the more exciting is that these four clubs represent the highest concentration of top-ranked golfers, collectively winning more than 860 worldwide victories, including 62 major championships. Billed as one of the most unique golfing events of the year, the tournament’s invitation-only gallery is comprised of club members, designated charities, tournament sponsors, and their guests. Once in, there are no ropes separating spectators from the world’s best players. We will be sending you the broadcast schedule and team rosters next week. I hope you will tune in. |
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Ben Phillips
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Christie’s Recent Announcements / Updates, March 2012
Christie’s Recent Announcements / Updates, March 2012
NEW MAGAZINE WILL LAUNCH IN 2012
- Ø Will be produced by August Media, and printed in-house by Christie’s
- Ø Complete redesign will include lifestyle stories along with listings (i.e., art, cultural events, home design, luxury destinations, etc.)
- Ø Improved distribution strategy
- For the first time, will be distributed to strategic locations in the Middle East and Asia
- MOST IMPORTANTLY, will be packaged and sent with Christie’s Magazine to top 14,000 auction house clients
v Christie’s is a SPONSOR OF THE 2012 TAVISTOCK CUP, part of the PGA Tour, March 19-20, televised on the Golf Channel
- Ø Christie’s will air its first-ever broadcast advertising, four times during the tournament
- Ø Ad will be available on the CIRE website 3/19
WEBSITE WILL BE COMPLETELY REDESIGNED
- 17 languages, 49 currencies, mobile capabilities (iPhone, Droid, mobile web), agent websites, enhanced property data management, and much more
CLIENT SERVICES WILL BE TRANSITIONED TO NEW YORK AND LONDON
- Having both these responsibilities in the same offices as Managing Director Jarvis Slade and CMO Ben Phillips will accelerate the response time not only for Affiliate queries but also for referral activity involving the real estate network and the art auction house.
- Shows that we are closely aligned with the parent auction house, committed to globalization by prioritizing global hubs of New York, London and Hong Kong.
DATA FEED TO BE FINALIZED
- Sarah is in the process of setting up the data feed so that all TREC listings over $1 million will automatically be uploaded to the Christie’s website
The Telluride snow continues see the latest report from this morning
Telluride Ski Resort Snow Report
Last Updated: Today at 06:10 AM
Snow Report
- Past 24 hours:
- 5"
- Past 48 hours:
- 5"
- Past 72 hours:
- 8"
- Base / Max Depth:
- 65" / 65"
- Conditions:
- Powder, Packed Powder
Slope Info
- Acres Open:
- 0 of 2000
- Lifts Open:
- 18 of 18
- Runs:
- 102 of 120
- Telluride Weather Forecast:
- Snow
- Vertical Drop:
- 3845'
- Base / Summit:
- 8750' / 13320'
36 plus million under contract in Telluride Mountain Village
Real Estate is the hotest I have seen in in years with 25 new pending contracts this past month. The majority of activity has been seen in the Town of Telluride but several homes and condos have recently contracted in the Mountain Village as well. Please take a look at the stats pulled from the MLS today.
Statistical Market Analysis
| Status | # Listings | List Volume | List Price | Est Finished SqFt | List Price Per Est Finished SqFt | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pending | 25 | 36,537,800 | Low Avg High |
152,900 1,461,512 6,950,000 |
373 2,199 7,974 |
124.31 603.87 1,284.66 |
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Telluride's Gus Kenworthy comes in 1st Place Aspen/Snowmass Open Ski Slopestyle
ASPEN/SNOWMASS OPEN SKI SLOPESTYLE
- Posted on February 28, 2012
- by Christine Benedetti
- in News
Men’s Ski Slopestyle
1st – Gus Kenworthy, Telluride, Colo. – $5,000 / Winning run: 450 on the down rail, switch 2 to back 2 off the box, right 7 nose grab, left double cork 12 mute grab, switch right double flat 10 into switch left double flat 10 with a Japan grab.
2nd – Torin Yater-Wallace, Aspen, Colo. – $2,500 / Run: lip 270 on the down rail, back 450 on the box, switch 12 to double 10, left 9, switch double 10.
3rd – Joss Christensen, Park City, Utah – $1,500 /Run: Switch lip 270, 270 on to 270 out, switch right 10 Japan to mute, switch left double flat 10 to tail, switch right 9 to tail, left double 12 mute.
Women’s Ski Slopestyle
1st – Emilia Wint, Denver, Colo. – $1,500 / Winning run: clean first rail, clean second rail to switch, switch left 5 mute, backflip Japan, left 7 mute, 540 mute.
2nd – Katie Summerhayes, Sheffield, UK – $750 / Run: frontside switch up, front 450, right 7 Japan, right 3 mute grab, right 3 mute, right 7.
3rd – Cassandra Sharpe, Whistler, BC – $300 / Run: clean top first and second rails, left 3 mute, right 3 mute, blackflip, left 3 mute.
10 Plus inches of New Snow Blankets Telluride 2.28.2012
Weather Report 5 Day Forecast Tuesday Wednesday Thursday Friday Saturday Today: Snow and areas of blowing snow. High near 23. Windy, with a west southwest wind between 25 and 30 mph, with gusts as high as 45 mph. Chance of precipitation is 100%. Total daytime snow accumulation of 3 to 5 inches possible. Tonight: Snow likely and areas of blowing snow before 1am, then a slight chance of snow between 1am and 4am. Cloudy during the early evening, then gradual clearing, with a low around 11. Breezy, with a west southwest wind 15 to 20 mph decreasing to between 5 and 10 mph. Winds could gust as high as 30 mph. Chance of precipitation is 70%. New snow accumulation of 1 to 2 inches possible. For a 7-day forecast and more weather info from NOAA, click here . --------------------------------------------------------------------------------