Situated in the vibrant heart of downtown Telluride, this top-floor penthouse offers 360-degree vistas & endless opportunity. Two expansive, private decks take in sweeping views of the box canyon, ski area & sunsets with the energy of Main Street just below-an ideal setting for relaxing or entertaining. Accessed by elevator from private parking & flooded with natural light, the 4-bedroom residence features an open layout that invites gathering friends & family. Atop a quality building in a sought-after location, the residence is just two blocks from the gondola, ski area, and hiking trails. This is a rare chance to own a signature residence that can be transformed into a one-of-a-kind retreat. For those looking to create unrealized value, this offering presents exceptional opportunity.
Sold for $5,650,000
$5,650,000
126 W Colorado Ave #305, Telluride, CO 81435
4beds
2,410sqft
Condominium
Built in 1991
-- sqft lot
$5,691,700 Zestimate®
$2,344/sqft
$7,534 Estimated rent
Home value
$5,691,700
$4.89M - $6.72M
$7,534/mo
Zestimate® history
Owner options
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$7,534/mo
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$7,534/mo
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$33,220/mo
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$33,220/mo
Est. payment
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List your homeWhat's special
Expansive private decksSki area and sunsetsFlooded with natural lightOpen layout
Zillow last checked:
Listing updated:
Listed by:
Ana Bowling,
Compass Colorado - Telluride,
Bill Fandel 970-369-7700,
Compass Colorado - Telluride
Bought with:
Mike Shimkonis, FA40017979
Telluride Properties
Source: TRIDEMLS,MLS#: 43829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Radiant Floor, Combination
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer
Features
- Lofts: None
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 2,410
- Total interior livable area: 2,410 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Car Garage
- Garage spaces: 1
- Details: Covered Parking: 1 Car
Features
- Patio & porch: Patio/Deck
- Has view: Yes
- View description: Main Street, Ski Area | Ballard
Lot
- Features: Close to Gondola, Main Street
Details
- Parcel number: R1010092378
- Zoning description: Residential/Commercial
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Southwest
- Property subtype: Condominium
Materials
- Frame, Wood (Painted)
Condition
- 21 - 40 Years
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: Power Company
- Gas: Natural
- Sewer: Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,450 monthly
Location
- Region: Telluride
Financial & listing details
- Price per square foot: $2,344/sqft
- Tax assessed value: $4,692,838
- Annual tax amount: $7,045
- Date on market: 8/1/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $5,650,000-19.2%$2,344/sqft |
Source:  TRIDEMLS #43829 Report a problem | ||
| 11/12/2025 | Pending sale | $6,995,000$2,902/sqft |
Source: TRIDEMLS #43829 Report a problem | ||
| 8/28/2025 | Price change | $6,995,000-9.7%$2,902/sqft |
Source: TRIDEMLS #43829 Report a problem | ||
| 8/1/2025 | Listed for sale | $7,750,000$3,216/sqft |
Source: TRIDEMLS #43829 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,045 +6.7% | $293,300 +115.8% |
| 2024 | $6,601 +65.5% | $135,920 -2.9% |
| 2023 | $3,988 -2% | $139,940 +56.5% |
| 2022 | $4,068 +5% | $89,400 -2.8% |
| 2021 | $3,876 0% | $91,970 +4.8% |
| 2020 | $3,876 +27.1% | $87,760 |
| 2019 | $3,050 0% | $87,760 +23.5% |
| 2018 | $3,050 +19.4% | $71,040 |
| 2017 | $2,554 +4.5% | $71,040 +4.1% |
| 2016 | $2,444 +18.8% | $68,230 |
| 2015 | $2,058 -11.6% | $68,230 |
| 2014 | $2,328 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | $88,860 |
Find assessor info on the county website
Neighborhood: 81435
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Nearby schools
GreatSchools rating
- NATelluride Elementary SchoolGrades: PK-2Distance: 0.3 mi
- 8/10Telluride Middle SchoolGrades: 7-8Distance: 0.5 mi
- 9/10Telluride High SchoolGrades: 9-12Distance: 0.5 mi
- Colorado
- San Miguel County
- Telluride
- 81435
- 126 W Colorado Ave Unit 305
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