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475 Depot Ave, Telluride, CO, 81435

5beds
6baths
4,391sqft
$12,975,000
$2,955price/sqft
$75,743/moest. monthly cost
$3,029,720/yrincome needed

About This Home

Some homes are built for gathering -- places where laughter echoes, stories are shared after long days of adventure, and memories are made season after season. 475 Depot Avenue is that kind of home.Newly constructed in 2023 and located in Telluride's most walkable neighborhood, this 4,391-square-foot residence sits on a rare 30-foot-wide lot that allows for light, space, and comfort in every corner. Soaring ceilings, a calming palette, and natural textures bring a relaxed elegance to the interiors, while the flexible floor plan offers four spacious en-suite bedrooms, including an oversized bunk room designed for group stays, plus a bar/media lounge that easily converts into a fifth generous bedroom.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

--
8/10
Telluride Middle SchoolGrades 7-80.3 mi
9/10
Telluride High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: 1 - 3 Years
  • Year built: 2023

Materials

  • Roof: Metal
  • Construction materials: Frame,Concrete,Stone,Masonite,Metal/Vinyl,Wood (Natural)

Other

  • Builder name: Finbro Construction

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Freezer,Gas Oven/Range,Microwave,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Game Room,Steam Shower,Wet Bar,Lofts: None
  • Window features: Window Coverings
  • Number of fireplaces: 1
  • Fireplace features: 1,Gas Log
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant Floor,Gas Baseboard
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 4,391
  • Total interior livable area: 4,391 sqft

Property

Details

  • Parcel number: R1010091762
  • Zoning description: Accommodations 1

Features

  • Patio & porch: Patio/Deck
  • Has spa: Yes
  • Spa features: Hot Tub

Lot

  • Lot size: 2,613 sqft
  • Features: Close to Gondola,Cul-De-Sac

Parking

  • Total spaces: 1
  • Parking features: 1 Car Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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 $65,608$787,296
Home Insurance *$6,885$82,620
Property Taxes $2,919$35,028
Electricity $331$3,977
Total$75,743$908,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,596,902/yr
40% on housing$2,272,290/yr
45% on housing$2,019,813/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

$2,955This listing

vs Other Active Listings

Avg $/sqft

ZIP 81435$1,892
San Miguel County$1,406

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
2025-12-11Listed for sale$12,975,000
2025-11-13Listing removed$15,540,000
2025-05-19Listed for sale$15,540,000

For Sale by Agent

AgentBen Jackson
BrokerageTelluride Properties Main St.

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