Telluride Real Estate from TD Smith Telluride Colorado Real Estate Mon, 25 Aug 2014 20:18:39 +0000 en-US hourly 1 Telluride Outside Fly Fishing Report Tue, 22 Jul 2014 21:05:37 +0000 July 22, 2014

The first two weeks of summer monsoon have favored the south, the great band of moist air fanning the New Mexico/Colorado border, swaying east and west like an old palm in a gale.  One day the rain falls in the Four Corners, the next in the heart of the San Juans.  When the monsoon heaves to the east, rain falls on the margin of the land, the dense, dark air a curtain between mountains and Great Plains, lightning riddling a landscape barren and beautiful.

Rain has fallen evenly but not excessively;   air temperatures have moderated; spring winds have calmed to nothing more than a breath before and after each thunderstorm.   High summer in Southern Colorado: this is the season of the fly fisher, the finest hour for trout.  Fish in the San Miguel and Upper Dolores do most of their growing in ten short weeks between mid-June and late August.  Water temperature, clarity and insect life are all optimized.  Cold blooded trout respond as they must:  by feeding on every hatch, wasting no opportunity to put on weight for the long, high altitude winter.

Aquatic insect hatches seem monstrous this year.  Pale morning duns have been popping on the Dolores for four weeks with no sign of slowing down.  The Gray Drake, found at highest elevations of the Dolores, has hatched in unmatched clouds, settling by the hundreds upon the riffles and pools of the river’s magical tributaries.  Nowhere are fish more inclined to take the dry fly, nowhere in trout fishing.

The San Miguel now falls into shape.  Fishable above 300cfs, both the structure and wadeability of the San Miguel improve as flows drop between 150 and 250cfs.  Aggressive locals have caught their share of early season fish, but the San Miguel has become fundamentally more accessible, adding 30 miles of public water to our impressive back yard trout grid.  The Uncompahgre has dropped below 400 cfs, PMDs pouring off its glassy surface.  The Gunnison, too, has come around.  Roaring through the Black Canyon at over 8,000 cfs for most of June, water managers have finally dialed back the release from Crystal Reservoir to just under 1,000 cfs, arguably the best possible fishing level for mid-summer in the Gunnison Gorge.

Dolores:  Dry fly heaven

Periodic, moderate rain has graced the Upper Dolores Watershed, the radiant green of late spring lingering well past the solstice.  Excellent fishing began in mid-June on many sections of the Dolores, but an early start does not ensure a long season.  In fact, it is generally true that any part of the Dolores that fishes extremely well in one month will not in the next.  No river in SW Colorado experiences greater fluctuations in water volume and temperature.  The gentle gradient of the Dolores Valley [right] offers superb habitat for trout and classic dry fly water for the angler, but as flows drop, water temperature invariably rises, the water loses oxygen and trout become grumpy.

Rain is the moderator.  Rain has steadied the dropping flows, stretching the heart of dry fly season on the Upper Dolores and West Fork.  Aquatic insects hatch by the millions, now colliding with terrestrials such as grasshoppers, beetles and ants.

San Miguel River: High water heals the canyon

Easy comes the silt in the San Miguel’s red rock corridor.  Even moderate rains can trigger significant sloughs from the canyon’s dusty alcoves.  Last summer’s rains were anything but moderate.  The San Miguel suffered a series of mud flows and small flash floods that caused it to run red below the Silver Pick Bridge for most of summer and fall.  This year, a larger snowpack pushed powerful runoff, the river peaking for almost 2 weeks above 1,200 cfs in the Nature Conservancy stretch below Placerville.  The upper river is clean once again, yards of silt transported on high water to points further west.  Trout generally endure periods of prolonged silt.  It is remarkable, however, that microorganisms such as caddis and mayfly larva survive burial.  When the San Miguel peaked and cleared in mid-June, aquatic insects exploded throughout the watershed:  caddisflies, Yellow Sally stoneflies, golden stones, craneflies and the largest aquatic of them all, the giant stonefly pteronarcys californicus.  Trout numbers may be slightly diminished, but as competition for food is reduced, the size of our fish tends to increase.  At this moment of reveal, we expect excellent fishing on the San Miguel in late July, August and September.

Large flies will dominate over the next few weeks.

Return of the Gunnison

The Gunnison, river king of SW Colorado, was brutally unfishable during the famous stonefly hatch (except the very tail).  Having missed June, many local anglers will dedicate July and August to the Gunnison, part out of necessity, but also opportunity.  There is nothing more promising than when a long drought ends on the Gunnison.  Brimming with aquatic insects and heavy trout, locals know that when conditions eventually allow, the Gunnison’s famous residents will make up for lost time.  Comes now the best fishing of the year.  Unpressured trout roam the periphery of their waters.  Terrestrials erupt from chest-high grasses, grown tall from recently flooded banks.   Early summer hatches were pushed back.  Salmonflies have faded, but yellow sallies, PMDs and caddis emerge daily.  Every day produces excellent opportunities for both the nymphing angler and dry fly fisherman.

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2014 -15 Telluride Ski Resort Season Pass Sale Tue, 22 Jul 2014 16:12:19 +0000 Yes, we know it’s the middle of summer.

But, we wanted to interrupt the heat wave to let you know that season passes for 2014-15 are on sale and our sales event calendar has been published.

Purchasing a season pass product to Telluride means more than a great deal. It means you’ll be skiing a mountain known around the world. It means you’ll aprés in America’s greatest ski town. And, it means you’ll be a part of an authentic community of skiers and riders.

As a neighbor of Telluride Ski Resort, you can purchase your passes at discounted rates at regional sales shows (full list of shows here). And, if you can’t make it to a show, you can lock-in a low rate by purchasing online.

Go ahead, enjoy the rest of the summer… but don’t forget about Old Man Winter. He is only a few months away.

Adult Pass (25-64) $1,128 $1,128 $1,950
Toddler Pass (5 & under) $25 $25 $25
Child Pass (6-12) $175 $225 $475
Junior Pass (13-18) $225 $295 $625
Young Adult Pass (19-24) $399 $720 $1,350
Senior Pass (65-69) $699 $720 $1,350
Plunge Pass (70-79) $599 $610 $925
Palmyra Pass (80+) FREE FREE $925



3-Day Pass – NEW – $63/day
• Any 3 days, Non-consecutive
• 20% Off Additional Days
$189 N/A N/A
6-Day Pass – $58/day
• Any 6 days, Non-consecutive
• 20% Off Additional Days
$349 $499 N/A
10-Day Pass – $51/day
• Any 10 days, Non-consecutive
• 20% Off Additional Days
$509 $699 N/A
• INCLUDES 1st Day
• 20% Off Additional Days
$69 $95 N/A
Adult 10-Day Lesson Pass
• Ski school lessons
• Blackout dates:
$299 $299 N/A
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4th of July Celebration in Telluride, CO Tue, 01 Jul 2014 16:25:32 +0000 4th of July Activities 2014

8am:   Rundola – ($40 entry fee), Telluride Gondola Station
The Telluride Foundation is hosting the fourth annual Rundola, an open registration, uphill foot race from Telluride to the gondola ridge line.

8am:   Kid’s Race –  ($18 entry fee), Telluride Gondola Station
Organized by One to One Mentoring, Kids will race to the top of Kids Hill Ski Run and receive hats, race bibs, breakfast and ribbons.

11am:  Telluride 4th of July ParadeMain Street
Locals and visitors arrive to Main Street in the early morning hours to set up chairs and blankets in anticipation for this wonderful, annual event. Complete with homemade floats, families in costumes, music and a fly-over by amazing airplanes, this is an event not to be missed!

12pm: Telluride Firemen PicnicTelluride Town Park
The aroma of BBQ fills the air surrounding Telluride Town Park during this annual picnic. $12 for adults, $7 for kids – Be sure to bring your appetite, because our firemen always serve up great food, and a lot of it! Kids can enjoy games in the park, too!

Dusk: Fireworks DisplayTelluride Town Park
Grab your blankets, lawn chairs and jackets and bring the family to Telluride Town Park for a breathtaking fireworks display, the likes of which you’ve never seen. Launched from firecracker hill, the firemen put on a beautiful show that echoes off the box canyon walls for everyone to enjoy.


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The Telluride Report / Telluride Real Estate Corp. Fri, 06 Jun 2014 16:49:57 +0000 The Telluride Report Volume II 2014 Smith_Page_1 The Telluride Report Volume II 2014 Smith_Page_2 The Telluride Report Volume II 2014 Smith_Page_3

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2014 Telluride, CO Balloon Festival Wed, 04 Jun 2014 16:26:05 +0000 The 31st Annual Telluride Balloon Festival will be held the weekend of June 6-8.  June 7 is the most active day beginning with an early morning launch from Town Park and ending with the “glow” on Main Street in the evening.  Saturday afternoon, there will be a photography workshop geared specifically to photographing ballons.  Sunday morning the balloons are scheduled to launch again from Town Park.

It is possible to take a ride on a balloon either Saturday or Sunday, but there are a limited number of slots.  Usually, the crowds are thinner on Sunday morning.  You will improve your chances by being willing to help inflate the balloon, so get there by 6am and ask to help.  Most years, at the balloons will launch at least one of the two days, but there’s no guarantee.  Safety comes first and the weather must cooperate.

balloon 1

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2014 Telluride Bluegrass Festival Tue, 03 Jun 2014 17:10:12 +0000 Don’t wait much longer to make your plans for the 41st Annual pilgrimage to 8,750′ in the San Juan Mountains of southwestern Colorado for 4 days of community, inspiration, and unbridled acoustic adventures — June 19-22, 2014


The 41st Annual Telluride Bluegrass coincides with the Summer Solstice — the longest day of the year which begins the Colorado summer. It’s a magical time of sun and light, when the the high country of Colorado puts away its skis and grabs hiking boots, guitars, and a low-back festival chair to take in “Bluegrass.” 

The 41st Annual festival promises a magical four days of only-in-Telluride performances. Beloved Festival veterans and inspiring new talent. The Telluride royalty of virtuosic bluegrass superpickers, soulful songwriters, and some of the biggest stars in the rootsy Americana landscape.

The festival is built around the many artists that have defined the Telluride Bluegrass sound, as the weekend is sprinkled with inspired sets from Peter Rowan, Béla Fleck, Jerry Douglas, Chris Thile, Tim O’Brien, and of course the “King of Telluride” Sam Bush. These artists come together for the festival’s epic set from the Telluride House Band.

Since its very beginning, the festival has embraced a wide swath of roots music to create the unique genre of “Telluride Bluegrass.”Recent lineups have welcomed Robert Plant, Mumford & Sons, The Decemberists, Elvis Costello, Emmylou Harris, David Byrne, Ani DiFranco, Lyle Lovett, Ryan Adams, Counting Crows, Bonnie Raitt, Edward Sharpe & the Magnetic Zeros, and so many more. / / 800-624-2422

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Summer is here! Telluride, Colorado Tue, 27 May 2014 16:49:28 +0000 As the snow from the high peaks begins to melt and the leaves start to pop, its time to get out and enjoy the long sunny days of summer. Pull out those hiking boots, get your bikes out of storage, organize your fishing gear and get outside!

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Clark’s Market Expansion Underway / Telluride, CO Fri, 23 May 2014 21:12:00 +0000 After being delayed for several years, the long awaited Clark’s Market expansion project in Telluride is now underway.

Crews broke ground on the project earlier this month. The expansion will add significant square footage to one of area’s few grocery stores.

According to Clark’s Market President Tom Clark Jr., the project will add around 6,700 square feet to the existing store on the west end of Telluride off Colorado Avenue. He said the project will allow the store to carry a wider assortment of goods and provide better service to its customers.

“We’re really excited about it,” Clark said. “The expansion area is going to allow for more perishable areas, so produce is going to have a much much larger selection, and it’s the same thing for the bakery and the deli. They’re going to have much more area to work in, and more space for products to bring in and display.”

The expansion represents the end of a long process to grow and renovate the store.

The project was first approved by the town in 2007 after three years of negotiating and tweaking the plans, which were contentious with neighbors and others. The project was then put off in 2010 when the town granted it a three-year extension.

The current expansion is smaller than the 12,000-square-foot, three-story plan originally proposed.

Clark said he expects everything will be complete at the end of December. The new expansion will utilize space in an existing parking lot next to the store. And though the plan for the project includes a renovation of the current store, Clark added that a big part of the project is keeping the store open during construction.

“We will not have a closed day, we will remain open throughout this entire thing,” Clark said. “Once they finish the new space, we will set up a temporary store in there while they renovate the old space.  Eventually we will combine the two and have the full market. At no point will we have closed or have diminished products. That’s our No. 1 goal as we go through this.”

Once complete, the old part of the store will still be the main area for groceries and the new section will house space for things like an expanded cheese section, baked goods and more.

And with the expansion there will be improvements to the store’s current refrigeration systems. Clark said the new system will use a fraction of the power that the current system uses and the stores lighting will be upgraded to LEDs.

“I think it’ll be great for the community, we’re striving to provide many more items so that we can be even more competitive with the large stores in Montrose,” Clark said. “Our goal is to be the community’s market for all their needs, and I think this is going to be a big stride for us to be that store for everyone.”

By Collin McRann
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Telluride’s Mountainside Gourmet Boom Tue, 06 May 2014 16:55:48 +0000 With its steep and deep reputation, lively Main Street, and topographical bounty, Telluride has plenty going for it even after the powder melts. Increasingly, the best reason to visit off season isn’t the bluegrass, grass, or even the views; it’s the restaurants bringing gourmet innovation to 9,000 feet.

Chefs here have come from all over, bringing influences from culinary capitals like New York, New Orleans, and Napa, and from such notable restaurants as Nobu 57, Galatoire, and Jean Georges’ Mercer Kitchen. These transients may come from all over, but they’ve got a lot in common: They use locally-sourced products whenever possible, tend to speak a bit of French, and are uniformly eager to work with game meat.

Arguably Telluride’s most notable stop is the little white house at 221 South Oak, where Eliza Gavin’s talents and reputation earned her a spot on Top Chef Season 10. Nearly the entire menu is homemade, from the pastas and breads to the sausages and ice cream. On a menu full of tempting dishes, the Ski In Ski Stout marinated bison hanger steak with sweet potato mash and huckleberry port reduction defines Rocky Mountain game meat done right – thick, tender, and flavored with craft beer.

Not too far away, at fusion-forward Cosmopolitan, Chef Chad Scothorn plates lobster corn dogs and a fish stew of halibut, prawns, sea scallops, and crab in a contemporary European setting. Scothorn’s studies took him to Ecole Lenotre near Paris and the CIA in Sicily, but the traditional cherry wood bar at the front sets the mining town vibe. It’s a distinct Telluride juxtaposition – Old West grit meets Old World sophistication.

Nobu-veteran Andrew Tyler’s there, an inventive Asian tapas and cocktail joint, takes a more modern approach: The main menu choices are as simple as they come – tostadas, steamed buns, lettuce wraps, and more – but the presentation and content variety create a more complex flavor. The eclectic setting pairs iron saddle bar seats, pressed tin ceilings, and decorative cartography with a drinks menu devoted largely to sweet jam cocktails. The place is distinctly different from La Marmotte, which is – at 20 years old – the grand dame of local eateries. But they strive to create similar dining experiences: They’re intimate without being quiet. In true western fashion, they don’t confuse quality and decorum.

Ultimately what recommends Telluride as a place to ski is also what makes it a great place to spend a long weekend eating: The lines aren’t that bad, the people are friendly, and the product is pure. Chefs come because they want to be here and diners can almost taste the contentment in the kitchens.


Read more:


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First Quarter Market Update 2014 / Strongest Since 2008 Mon, 21 Apr 2014 16:34:15 +0000 With 2013 year-end sales holding steady verses 2012, the first quarter of 2014 registered the largest dollar volume of closings in six years. The months of January, February and March demonstrated increases over those same months of 2013 by 116%, 25% and 45%, respectively. Total combined first quarter sales outpaced 2013 by 47% ($94.2M vs. $63.9M).  As we enter the summer season, a robust first quarter bodes well for the entire year, as the summer marketplace has out-performed  winter sales over the past two years. Another strong indicator of continuing market strength — 79 properties are currently under contract with a total sales volume of $104.4M. Assuming a majority of those transactions close in the second quarter, momentum will most certainly continue in the Telluride regional marketplace.

Of the three major market areas (Town of Telluride, Mountain Village and Remainder of County), Historic Telluride experienced the most dramatic increase in volume of 112% ($42.7M vs. $20.1M), followed by the “County Sales” with a  percentage increase of 61% ($14.8M vs. $9.2M) and Mountain Village — plus 7% ($36.5M vs. $34.2M). Of particular note, Town of Telluride (TOT) condominium sales nearly tripled ($21.9M vs. $8.1M) and the sales volume of TOT homes more than doubled ($11.9M vs. $5.2M). Telluride Mountain Village (TMV) condominium sales, that had experienced a sales volume increase in 2013 of 51%, continued a brisk pattern of sales ($13.2M vs. $14.7M). The sale of TMV residences continues to be a bit soft with $10M in first quarter closings, however, with $15.6M currently under contract that market appears to be rejuvenating as investors realize excellent value in that  market segment.

Although a  quarterly “market snapshot” as to value in a boutique real estate marketplace such as Telluride can be difficult to ascertain with a great deal of accuracy, the average home sale price of the combined TOT and TMV markets in the first quarter was $2.8M. Year-end statistics for 2013 revealed an average of $2.2M. The overall average price per transaction in the first quarter was $890,000 vs. $834,000 for the entire year of 2013. As the market continues its upward momentum, increased values and velocity of sales should follow suit, as has been witnessed in the Historic Town of Telluride market.


Note: Background statistics provided by Telluride Consulting and the Telluride MLS



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