512 W Galena Ave, Telluride, CO, 81435
About This Home
A Rare Telluride SanctuaryTucked away at the end of a quiet road, this very private home sits on a sunny, oversized double lot overlooking Coronet Creek. The setting offers unmatched tranquility and stunning southern views toward the Telluride Ski Area. Conveniently located directly between the Elementary School and the Telluride Middle/High School.With remarkable potential for expansion or a complete reimagining, this property invites you to create your dream home in one of Telluride's most sought-after locations. In the meantime, enjoy immediate income from the existing two-unit residence--ideal for keeping tenants while you design your vision.Opportunities like this, combining privacy, sunshine, and proximity to everything Telluride has to offer, are exceedingly rare.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: 40+ Years
- Year built: 1900
Materials
- Roof: Asphalt
- Construction materials: Frame,Wood (Painted)
Notable Dates
- Major remodel year: 1950
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Freezer,Refrigerator
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Lofts: One
Heating
- Heating features: Electric Baseboard
Interior Area
- Total structure area: 1,241
- Total interior livable area: 1,241 sqft
Property
Details
- Parcel number: R1010012041
- Zoning description: Residential
Features
- Patio & porch: Patio/Deck
- Has view: Yes
- View description: Ski Area,Cornet Creek
Lot
- Lot size: 5,662 sqft
- Features: Close to Gondola,North of Colorado
Parking
- Total spaces: 4
- Parking features: 4 Car
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Inland Flooding
- Winter Weather
- Avalanche
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,765 | $285,180 |
| Home Insurance * | $2,494 | $29,928 |
| Property Taxes | $1,057 | $12,684 |
| Electricity | $186 | $2,232 |
| Total | $27,502 | $330,024 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-26 | Listed for sale | $4,700,000 |
| 2026-04-16 | Listing removed | $4,900,000 |
| 2025-10-29 | Listed for sale | $4,900,000 |
| 2002-05-03 | Sold | $825,000 |
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