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For sale
  • $16,900,000

    21 Royer Ln, Telluride, CO 81435

    5beds
    6,100sqft
    : 
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    Single Family Residence
    Built in 1998
    1.57 Acres Lot
    $-- Zestimate®
    $2,770/sqft
    $-- HOA

    What's special

    State-of-the-art theaterPrivate waterfallFire pitUpper-level primary suite
    Ever dream of your own private waterfall? Dream Catcher is a masterwork of design located a mile from Telluride. This residence offers secluded mountain majesty and in-town convenience. 2,000 sq. ft. of decks make an entertainer's paradise. Host friends and family, grill dinners or enjoy cocktails at the fire pit. Using the elevator, relax in the state-of-the-art theater or sit by one of 2 fireplaces. To the east, unobstructed views of Bridal Veil and Ingram Falls; to the west, sunsets over the Telluride Valley. The waterfall shimmers nightly under custom lights-three sides of open space ensure peace and privacy. An upper-level primary suite is complemented by 3 ensuite guest bedrooms and an au pair suite/office. Dramatic setting and luxurious amenities make Dream Catcher a legacy retreat
    148 days
    |
    766
    |
    26
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jim Lucarelli 970-728-0213,

    Compass Colorado - Telluride

    Source: TRIDEMLS,MLS#: 44250MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • In-Floor
      Features
      • Lofts: One
      • Number of fireplaces: 2
      • Fireplace features: 2
      Interior area
      • Total structure area: 6,100
      • Total interior livable area: 6,100 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Garage
      • Garage spaces: 2
      • Details: Covered Parking: 2 Car
      Features
      • Has view: Yes
      • View description: Bridal Veil Falls, Ajax Ingram And West
      Lot
      • Size: 1.57 Acres
      • Features: Borders Nat'l Forest, Borders Open Space
      Details
      • Parcel number: R1030937215
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • 21 - 40 Years
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Subdivision: Falls at Telluride
      Location
      • Region: Telluride

      Financial & listing details

      • Price per square foot: $2,770/sqft
      • Tax assessed value: $8,717,131
      • Annual tax amount: $22,566
      • Date on market: 2/12/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,469/mo

        Price history

        DateEventPrice
        2/12/2026Listed for sale$16,900,000-21.4%$2,770/sqft
        Source: TRIDEMLS #44250 Report a problem
        2/12/2026Listing removed$21,500,000$3,525/sqft
        Source: TRIDEMLS #43954 Report a problem
        9/12/2025Listed for sale$21,500,000$3,525/sqft
        Source: TRIDEMLS #43954 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,308 +6.7%$544,820 +92.1%
        2024$12,477 +7.5%$283,610 -1.9%
        2023$11,608 -2.1%$289,060 -3%
        2022$11,853 +43.4%$298,090 -2.8%
        2021$8,264 0%$306,670 +41.9%
        2020$8,264 +19.7%$216,080 +9.6%
        2019$6,903 0%$197,200 +3.4%
        2018$6,904 +16.6%$190,800 +1.5%
        2017$5,921 -9.7%$188,000 -11.7%
        2016$6,561 +7%$212,890
        2015$6,131 $212,890
        2013-- --
        2012-- --
        2011-- --
        2010-- $285,710
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81435

        Getting around

        4 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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