Extraordinary opportunity to capture one of the rare residential development opportunities in the Town of Telluride. The views up Bear Creek are stunning. Homes to the south were constructed with a height limitation, opening the panoramic ridgelines across from Ajax to the ski area. This is a prized location with an oversized lot, just a few short blocks from the heart of downtown. Conceptual designs have been included in the ''Documents'' section of the listing. Created by Trulinea Architects to describe a balanced, detailed, exceptional design opportunity that boasts 4,188 square feet of livable space and five bedrooms. The plans and analysis have been done to satisfy the design guidelines in the Town of Telluride to provide a Buyer with a sense of what may be constructed on the site.