The most expensive item on the market in the Rocky Mountain hamlet of Telluride, Colorado, is a 7,187-square-foot duplex located in the center of the town that went up for $33 million last week.
According to the Multiple Listing Service, the four-bedroom, seven-bathroom house is listed for more than twice as much as the next most expensive property in the area.
The top two stories of the Pederson Building, a repurposed commercial building close to the eateries, retail establishments, and ski lifts of Telluride’s main strip, are occupied by the home.
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In the listing, Lars Carlson of LIV Sotheby’s International Realty referred to the “reimagined” building as a “masterful work of art.” It comes fully equipped with features like specialized lighting, sound-absorbing large windows, and an oxygen pumping system for each bedroom.
According to selling images, the completely furnished open floor layout has a wet bar, gas fireplace, and retractable doors that open to a roughly 2,500-square-foot roof terrace with views of the mountains. A short set of steps leads to the chef’s kitchen and eating room, which opens to the patio for al fresco dining.
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The description states that the main bedroom suite has a sitting area, a private terrace with a hot tub, a dressing room with laundry facilities, and a fireplace with a marble surround. A 1,115-square-foot office with a ski room, exercise center, sauna, and spa is located in a separate section beneath the house, along with a sleeping room.
Telluride, a historic boom town established during the gold rush of the 1800s, is currently experiencing a different kind of boom because to the ongoing Covid-19 pandemic-related migration. Families are moving to the ski town in droves, wanting more room and to be closer to nature.
According to a first quarter study from LIV Sotheby’s, this is what drove the average price of a single-family house to soar by more than 50%, from $3.34 million to $5.02 million, year over year in the first quarter of 2021.
Since the year’s start, there have also been a number of noteworthy luxury sales. For instance, according to Mansion Global, star Tom Cruise sold his 320-acre Telluride estate for $39.5 million in May.
2018 saw the Pederson Building trade for $7.44 million. Requests for comments were not immediately answered by the owner.