$925,000
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214 Mill Rico, CO 81332
Single Family
Residence
3
Beds
3
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Solar Rico Mountain Sanctuary with National Forest Access Located in a quiet, low density neighborhood, this unique property offers true mountain solitude. The lot backs up to the National Forest, and for winter enthusiasts, the Town of Ricoâ??s groomed Nordic ski trail is at the bottom of your ...driveway. In the summer, Mill Road. connects circle trail to the Colorado trail offering endless miles of hiking and biking terrain. The home commands sweeping, unobstructed views of the Rico valley and the La Plata mountains - panoramas you can enjoy from virtually every room in the house, the massive wraparound deck, or while soaking in the private hot tub under the expansive night skies. The heart of the home is designed to impress. The open floor plan is anchored by a stunning Malm fireplace - a spinning, circular centerpiece that offers a 360° view of the fire through glass, which makes you feel like you are sitting beside a campfire in the warm comfort of your home. A south-facing atrium brings the outdoors in, creating a bright, passive-solar core that keeps the home warm and vibrant even on the coldest days. The custom chefâ??s kitchen was built for entertaining and is equipped with high end appliances, dual sinks (both with disposals) and ample prep space, ensuring you can host dinner parties without missing the conversation. Spread across three thoughtful levels, the 2,750 sq. ft. floor plan offers privacy and flexibility, with a full bathroom on every floor. This home features a massive primary suite with a walk-in closet. A Jack and Jill bathroom connects the primary bedroom to a large loft perfect for a home office or nursery. The lowest level includes a garage space with a private entrance and rough plumbing, perfectly positioned to become a 600sq ft lock-off rental or in-law suite to help offset your mortgage. This is an eco-conscious home that is focused on quality. The home utilizes a grid-tied solar system to decrease utility costs, paired with the comfort of radiant in-floor heat on every level. It includes a premium whole-house water filtration system and salt water softener ensuring that pristine, purified water flows from every tap in the home. This home is the smartest buy within 30 minutes of Telluride ski resort. We have priced this house at $336 per sqft which is below the cost of replacement and well under the Rico average cost ($400+ per sqft) With luxury comparable to some Telluride or Mountain Village homes ($1600+ per sqft) you will feel the value the second you step through the door. At $925k, we sit within the 2026 conforming loan limit, allowing qualified buyers to purchase with just 10% down (avoiding jumbo loan requirements). Priced $150k below active comps and $170k below recent appraisal) Another benefit to this home is that your children are guaranteed a place in the Telluride school district by becoming a Rico resident. This home has incredible bones and luxury finishes, but the bathrooms are original. Weâ??ve priced it to give you a massive renovation budget to update them while walking into immediate equity. Get the million dollar views without the million dollar price tag.
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MLS#
829083
Property Type
Single Family
Bedrooms
3
Bathrooms
2 Full/1 Three-Qtr
Year Built
1996
Price per Sq. Ft.
$336.36
Lot Size
0.39
Sewer
Septic
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