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Telluride Real Estate Newsletter - January 2009

January 2009
Steve's Blog
HEALTHY NUMBERS RING IN A TELLURIDE NEW YEAR 
The Telluride ski season is officially—and bountifully—underway. December brought the Telluride Ski Resort a record-breaking snowfall total, and that record-breaker brought skiers out in large numbers with all grins. Despite tough economic times across the country, it seems Telluride’s allure has not dimmed and experiencing the ski town over the holidays is still a priority in the budget for many folks. Record numbers of skiers hit the slopes over the two-week holiday vacation, even in the frigid single-digit weather conditions...Telluride again held its charm and attraction.
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Upcoming Events

 

SKI RACING — JANUARY

What better month than January to host a series of ski race events? Both the Telluride Nordic Association and the Telluride Ski & Snowboard Club have ski races throughout the month, and the season, on terrain ranging from open meadow Nordic skiing, to giant slalom Milk Run races. Visit the club's website and the Nordic center website for event info.

WOMEN'S ROCK & ROLL SHOW — JAN 24

The Telluride Rock & Roll Academy is featuring its first all-female rock concert at the historic Sheridan Opera House. The academy has put some of the best local musicians on stage — don't miss this performance.

KOTO RADIO ANNUAL LIP SYNC — JAN 30
Telluride may be tiny in size, but it’s big on talent. Each winter, KOTO Community Radio brings out the most creative locals with the KOTO Lip Sync at the Sheridan Opera House. Historically hilarious, awe-inspiring, shocking and competitive, the Lip Sync is a not-to-miss local talent show. Tickets go fast!
Contact Information
Telluride Real Estate
Steve Catsman, Owner/Director
Telluride Real Estate Corporation
135 W. Colorado
 P.O. Box 65
Telluride, CO 81435
970.728.6629
Fax 970.728.4917
EMAIL: steve@catsman.com
WWW.CATSMAN.COM 
DECEMBER SNOWFALL TOTAL BREAKS ANOTHER RECORD
Let it snow, let it snow, let it snow...and it did.

Telluride Ski Resort received a record-breaking 113 inches of snow solely for the month of December. This new record bypassed last year’s record-breaker of 95 inches and allowed Telski to open up nearly all 1,700 skiable acres early this season. Currently the ski area boasts a 60-inch base and stellar ski conditions.




Solid snow coverage on Gold Hill made for a perfect bluebird, powder morning.

Just Black Iron Bowl and Palmyra Peak are yet to be unveiled once Telluride Ski Patrol concludes control work. Telski reported that total snowfall amounts reached twelve feet for 2008, and weather predictions for winter 2009 appear prosperous.

The word about town is “déjà vu.” Last winter was, by many local accounts, the biggest winter in nearly a decade: snowplow drivers were swamped, street-lined snow banks were feet high, highway closures were a constant, and skiers were tirelessly happy. Total snowfall for the 2007-08 season was 341 inches and allowed the inaugural opening of acres of new, steep and deep terrain including Palmyra Peak, Black Iron Bowl and the Gold Hill Chutes.

Thus far, snowfall has been so steady Telski’s newest fame, Revelation Bowl, a 50-acre addition on the area’s eastern side, has been open and enjoyably skiable. To date, a total of 158 inches of snow has fallen since October for the 2008-09 ski season.

If indeed we are experiencing déjà vu from last ski season, lucky us.

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GRAY HEAD PROPERTIES: PRIVATE, PANORAMIC, IMPRESSIVE

It is one beauty to be nestled amid the San Juan Mountains, and another beauty to be nestled by domestic luxury. Gray Head offers both. Tucked among the Telluride region’s quintessential rolling mesas are the ranch-style properties of Gray Head, Steve Catsman’s premiere homesites poised for perfect living.

Grayhead's spacious, private properties are complimented by a short drive to Telluride's happenings and events.



Gray Head offers the mesa lifestyle with mountain views — a perfect match.

Perched across the mesa, Gray Head properties possess expansive views of the Wilson Range, Telluride and its surrounding peaks, the rugged Mount Sneffels Wilderness Area, and western mesa sunsets. All properties are 35 acres-plus, offering as much in vistas as in privacy. Streams weave throughout Gray Head and untouched aspen, pine and fir forests are abundant and make up the Gray Head Wilderness, 885 acres of land surrounded by National Forest.

Gray Head’s outdoors are not only ascetically alluring but athletically alluring offering the full gamut of outdoor recreation including sixteen miles of mountain biking, hiking, equestrian and cross country skiing trails—all private, all Gray Head. On-site amenities include tennis courts, a homeowner’s cabin and library for entertaining or unwinding, and a pond to practice your cast during summer and your ice skating during winter.

And when downtown Telluride is calling, the parking meters won’t be running. Gray Head homeowners own an in-town parking lot to park cars and satiate the urban urge for Telluride's renowned festivals, shopping, dining and skiing. Telluride is just a fifteen-minute drive away.

Gray Head property owners also possess full access to the in-town amenities offered at the lavish residential development,  Element 52,  including 24-hour concierge and valet services, ski valet and ski lounge, private fitness center and spa, and stone pools and hot tubs. Ski access is granted to Gray Head owners via a private funicular ski lift located at the base of the ski area and Element 52. And when the ski day is done, a full wine bar including a private sommelier, wine cellars and wine stocking, are available at the base of the ski area — the front steps of Element 52.

CATSMAN'S CHOICE: LOCAL VALUE OF THE MONTH
What words describe January’s best real estate value in the Telluride market? Downtown versatility.

Located just one block from the center of Telluride and one block from the Oak Street Gondola Station, this South Fir Street lot is zoned for both commercial and residential building. The town’s Historic and Architectural Review Commission’s approved plans for a 5,100 square-foot building are included in the sale and propose a split commercial/residential development.

In the plans, the building includes a 3,800 square-foot penthouse occupying the second and third floors, a 780 square-foot commercial space, a 1,460 square-foot deed-restricted unit, and a four-car heated garage.



230 South Fir Street is a choice in-town location, both for residential and commercial use.

The plans were drawn up by a local prominent builder, and the projected total cost of the building, according to HARC plans, is $3,850,000. The 230 South Fir Street lot is $1,195,000.
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