🏢 282 Mahoney Drive Lulu City Unit 5F, Telluride – Cozy Valley-Floor Condo with Stellar Location
Tucked within the boutique Lulu City Condo complex, this well-appointed 2-bedroom, 2-bathroom condo (plus loft/flex space) offers year-round mountain living steps from ski lift access and expansive open space. Listed at $1,755,000, it combines downtown convenience with resort-style amenities in the heart of Telluride.
🏡 Quick Property Stats
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Bedrooms/Baths: 2 beds, 2 full baths (plus loft)
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Price/Sq Ft: ~$1,419
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Year Built: 1984
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HOA Dues: $800–$801/month, includes pool, spa, snow removal, ski storage
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Annual Property Taxes (2024): ~$3,576; RETT tax ~3%
🛋️ Interiors & Lifestyle Amenities
Thoughtful Layout and Flexible Loft
This unit includes a lock-off lower-level bedroom/bath ideal for long-term use or rental separation. A loft above provides flexible space for office, additional sleeping, or storage.
Resort Feel in a Boutique Complex
Lulu City offers a heated swimming pool, oversized hot tub with heated deck, and ski room storage—amenities seldom found in Telluride residential complexes. Only 8 units include a semi-private enclosed garage, a rare perk in town.
Unbeatable Views and Location
Enjoy views to the west for sunsets over the Valley Floor and east-facing vistas of the Telluride box canyon. Located a few-minute walk to Lift 7, the San Miguel River Trail, and over 500 acres of groomed Valley Floor open space.
📍 Lifestyle & Location Benefits
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Walkable to downtown Telluride dining, shopping, and gondola access
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Direct trail access for cross-country ski, biking, and hiking
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Quiet setting, south of Colorado Avenue but still centrally located
📈 Investment & Market Position
This condo offers excellent entry into Telluride living:
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At $1,419/sq ft, pricing is strong for downtown units with lock-off and garage amenities. Comparable condos often lack such storage or flex space capacity.
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Listed just 2 days ago (as of July 2025), indicating fresh availability and ample interest in valley-floor properties.
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Exceptional rental potential with both short-term flexibility and primary residence appeal.
🔑 Key Selling Points
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Lock-off suite and loft provide flexibility for full-time, second home, or strong rental income
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Semi-private garage is a luxury within Telluride
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Community amenities like pool and ski storage boost lifestyle and value
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Central location with easy access to both town core and trail systems
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Ideal for investors, active skiers, or private buyers seeking easy-maintenance living
📋 Feature Summary
| Feature | Details |
|---|---|
| Size | ~1,237 sq ft + loft |
| Bedrooms / Baths | 2 bd, 2 baths + loft lock-off suite |
| HOA Amenities | Pool, spa, ski room, snow removal, garage |
| Views | Valley Floor sunsets, Telluride Peaks |
| Proximity | Walking distance to Lift 7 & downtown |
| Heating | Electric baseboard |
| Parking | Covered 1-car garage |
📞 Next Steps & How to Proceed
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Schedule a private or virtual tour including the pool and garage unit
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Request the floor plan, HOA statements, and rental income history
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Review zoning or rental-considerations for lock-off suite use
🏁 Summary
282 Mahoney Drive Unit 5F delivers prime valley-floor living within Telluride’s central corridor: ski access, open space proximity, beautiful views, and essential amenities in a boutique complex—making it an exceptionally versatile and rentable property in today’s market.