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341 Royer Ln, Telluride, CO, 81435

4beds
6baths
9,428sqft
$29,990,000
$3,181price/sqft
$175,017/moest. monthly cost
$7,000,680/yrincome needed

About This Home

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.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

--
8/10
Telluride Middle SchoolGrades 7-81.8 mi
9/10
Telluride High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: 21 - 40 Years
  • Year built: 2004

Materials

  • Roof: Metal
  • Construction materials: Concrete,Stone,Wood (Natural)

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Lofts: None
  • Number of fireplaces: 3
  • Fireplace features: 3
  • Fireplace: Yes

Heating

  • Heating features: Radiant Floor,In-Floor

Interior Area

  • Total structure area: 9,428
  • Total interior livable area: 9,428 sqft

Property

Details

  • Parcel number: R1030937217
  • Zoning description: Residential

Features

  • Spa features: Association
  • Has view: Yes
  • View description: Bridal Veil Falls

Lot

  • Lot size: 2.73 Acres
  • Features: Borders Nat'l Forest,Borders Open Space

Parking

  • Total spaces: 5
  • Parking features: 2 Car
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Avalanche

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $151,645$1,819,740
Home Insurance *$15,914$190,968
Property Taxes $6,747$80,964
Electricity $711$8,540
Total$175,017$2,100,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$6,000,582/yr
40% on housing$5,250,510/yr
45% on housing$4,667,120/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 15.3%
15.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,181This listing

vs Other Active Listings

Avg $/sqft

ZIP 81435$1,880
San Miguel County$1,398

vs Homes Sold Last Month

Median $/sqft

ZIP 81435
San Miguel County$345

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)

Price History

DateEventPrice
2025-12-01Price change$29,990,000
2025-08-26Listed for sale$27,950,000
2025-05-25Listing removed$100,000
2025-03-31Price change$100,000
2025-03-16Listed for rent$125,000
2022-03-03Listing removed--
2021-11-12Sold$15,700,000
2020-06-30Listed for sale$18,000,000

For Sale by Agent

AgentIan Fallenius
BrokerageCompass Colorado - Telluride

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