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Bear Creek Falls, Telluride, CO 81435

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For Sale

$14,999,995

33.6 acres

Estimated Payment

$ 77,912 /mo.

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 33.6 acres
    Lot size

Explore this Property

Shane Jones, Best of Pagosa Springs, C: 970-844-0166, shanejonespagosa@gmail.com, www.crenmls.com: Did you know that Bear Creek Falls and the lesser-known Upper Bear Creek falls are privately owned? Tis true, and for the first time in over 100 years these spectacular waterfalls and surrounding lands are available for purchase. This offering is comprised of 5 patented mining claims totaling approximately 33 acres, which includes: 100% interest of the Wild Yankee Millsite claim (which contains Bear Creek Falls) and nearly 100% ownership in the four other mining claims that surround Bear Creek Falls, i.e. The Wild Yankee Lode (which contains the Upper Falls), The Silver Chief Millsite, The Silver Chief Lode and the Excelsior Lode. This group of 5 mining claims, collectively known as the Bear Creek Falls Property, is an inholding within US Forest Service Lands that is located just two miles from downtown Telluride, and is adjacent to the Town's Bear Creek Preserve. The Bear Creek Falls Property is the actual destination at the end of the Bear Creek Falls Trail, which is ranked # 2 on Trip Advisor for "Things to do in Telluride" with an estimated 200,000 permissive use visitors annually. Similar to Hanging Lake, 7- Falls (A Broadmoor Hotel owned waterfall attraction), or Maroon Bells, a user fee model could potentially be imposed, and with improvements such as a viewing platform, stairs to the upper falls, etc., the revenue estimates are significant. Conversely, if this property was acquired and brought back into the public domain there would likely be significant tax credits available. This is truly a once in a lifetime opportunity to own not only a world class waterfall attraction but also a part of Telluride s identity as an outdoor destination. You don t have to take my word for it though, just ask your favorite AI search engine how important Bear Creek Falls is to both the town and the region. Per ChatGPT, Bear Creek Falls is not just a physical site but also a symbol of the community's lifestyle, emphasizing the town's commitment to maintaining natural beauty and promoting outdoor living In summary, Bear Creek Falls is significant due to its scenic beauty, accessibility, economic contributions, recreational diversity, conservation efforts, educational value, and as a cultural landmark that defines part of Telluride's identity." Surveys, Studies by economists and outdoor recreation experts, Comps, Legal Opinions on Access & Land Use, etc. are on file with Broker.
MLS# 820858

Courtesy Of Best of Pagosa Springs

(970) 585-8977

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    33.6 Acres

Home seller CENTURY 21 CapRock Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CapRock Real Estate

(970) 257-0500
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $77,912
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $77,912

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Local area information for Telluride, CO 81435

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Telluride, CO 81435

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are above the national average.

72° July
Hottest Average Month

7° January
Coldest Average Month
2,110 Total Households in Area
26.6%
of households
have children
13 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Telluride, CO 81435

Telluride, CO 81435 has a population of 4,114 people in 2,110 households with a median age of 38.9 years old.

Up 0.6%
Increase in population
since the year 2010

Population is Trending up
1,892
Total households as of 2010
Up
8.9%

Community Population By Age

Community Population By Ethnicity

White 83%
Hispanic 14%
Other 7%
Asian 1%
Native American <1%
Black <1%

Economics
for Telluride, CO 81435

30 /sq mi
Population Density
$77,956 /yr
Median Household Income
$969,500
Median Sales Price
13 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 44%
  • Walk or Bike 37%
  • Work from Home 15%
  • Public Transit 4%

Occupancy by Type

Vacant 1,725 45%
Owned 1,082 28%
Rented 1,029 27%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Family & Education Facts
for Telluride, CO 81435

38.9 Median Age

Average Household Size

2
persons per
household

39.3%

Married Households

Community Population By Education

Bachelors Degree 48%
Some College 17%
Graduate Degree 15%
High School Graduate 15%
Associates Degree 5%
Some High School 1%

Household Family Expenses vs National Average

26.5% of households have children

Weather
for Telluride, CO 81435

The weather for this area ranges from a high of 72° F in July to a low of 7° F in January

72° July
Hottest Average Month
7° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
7°
35°
Feb
8°
38°
Mar
12°
43°
Apr
20°
49°
May
29°
57°
Jun
36°
67°
Jul
41°
72°
Aug
41°
70°
Sep
34°
64°
Oct
26°
54°
Nov
15°
43°
Dec
9°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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