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For sale
  • $29,990,000

    341 Royer Ln, Telluride, CO 81435

    4beds
    9,428sqft
    : 
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    Single Family Residence
    Built in 2004
    2.73 Acres Lot
    $26,329,900 Zestimate®
    $3,181/sqft
    $201/mo HOA

    What's special

    Spa-inspired bathFinest finishesFour ensuite guest roomsScreening roomYangtze river valley paversHeated stone floorsMahogany cabinetry
    The Sanctuary, a collaborative design by Michael Fuller of Aspen and Don Umemoto of Los Angeles, is a timeless blend of art, nature, and design set in Telluride's glacial valley. Built of concrete, glass, and steel with the finest finishes--Yangtze River Valley pavers, teak floors, mahogany cabinetry, and Douglas Fir beams--the residence embraces sweeping box canyon and waterfall views through expansive mahogany-framed windows. A Bulthaup kitchen anchors the open living spaces beneath soaring beamed ceilings. The primary suite frames Bridal Veil Falls, featuring a spa-inspired bath with heated stone floors. Additional highlights include Richard Serra-inspired fireplaces, four ensuite guest rooms, a gym, screening room, library, and office--making this a retreat of rare form and function.
    323 days
    |
    2,364
    |
    98
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ian Fallenius 970-708-3955,

    Compass Colorado - Telluride,

    Bjorn Erik Fallenius 970-708-1954,

    Compass Colorado - Telluride

    Source: TRIDEMLS,MLS#: 43897MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Heating
      • Radiant Floor, In-Floor
      Features
      • Lofts: None
      • Basement: Crawl Space
      • Number of fireplaces: 3
      • Fireplace features: 3
      Interior area
      • Total structure area: 9,428
      • Total interior livable area: 9,428 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: 2 Car
      • Covered spaces: 2
      • Has uncovered spaces: Yes
      • Details: Covered Parking: 2 Car
      Features
      • Spa features: Association
      • Has view: Yes
      • View description: Bridal Veil Falls
      Lot
      • Size: 2.73 Acres
      • Features: Borders Nat'l Forest, Borders Open Space
      Details
      • Parcel number: R1030937217
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Stone, Wood (Natural)
      • Roof: Metal
      Condition
      • 21 - 40 Years
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Gas: Natural
      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Falls at Telluride
      HOA
      • Has HOA: Yes
      • Services included: Snow Removal, Trash, Water
      • HOA fee: $604 quarterly
      Location
      • Region: Telluride

      Financial & listing details

      • Price per square foot: $3,181/sqft
      • Tax assessed value: $15,068,013
      • Annual tax amount: $36,760
      • Date on market: 8/26/2025
      • Road surface type: Paved

        Estimated market value

        $26,329,900

        $24.75M - $27.91M

        $8,872/mo

        Price history

        DateEventPrice
        12/1/2025Price change$29,990,000+7.3%$3,181/sqft
        Source: TRIDEMLS #43897 Report a problem
        8/26/2025Listed for sale$27,950,000+78%$2,965/sqft
        Source: TRIDEMLS #43897 Report a problem
        5/25/2025Listing removed$100,000$11/sqft
        Source: Zillow Rentals Report a problem
        3/31/2025Price change$100,000-20%$11/sqft
        Source: Zillow Rentals Report a problem
        3/16/2025Listed for rent$125,000$13/sqft
        Source: Zillow Rentals Report a problem
        3/3/2022Listing removed--
        Source: CREN #771487 Report a problem
        11/12/2021Sold$15,700,000-12.8%$1,665/sqft
        Source: TRIDEMLS #38274 Report a problem
        6/30/2020Listed for sale$18,000,000$1,909/sqft
        Source: Coldwell Banker Distinctive Properties #771487 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$36,761 +6.7%$941,750 +20.2%
        2024$34,466 +42.9%$783,430 -1.3%
        2023$24,124 -2.1%$793,730 +28.1%
        2022$24,634 +31.7%$619,510 -2.8%
        2021$18,703 0%$637,340 +30.3%
        2020$18,703 +6.7%$489,030
        2019$17,523 0%$489,030 +1%
        2018$17,524 +14.9%$484,310
        2017$15,254 -10.3%$484,310 -12.3%
        2016$17,010 +25.1%$551,940
        2015$13,593 +1.9%$551,940
        2014$13,336 --
        2013-- --
        2012-- --
        2011-- --
        2010-- $431,990
        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.
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        Climate risks

        Neighborhood: 81435

        Getting around

        1 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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