Iconic duo of waterfalls on sale for $14.9 million in Colorado

Want to own an iconic feature of Colorado’s natural landscape? Here’s your chance.

Real estate agency Best of Pagosa Springs just listed a collection of five mining claims in the Telluride area, which includes Bear Creek Falls and Upper Bear Creek Falls. The five claims span 33 acres and are entering the real estate market for the first time in more than 100 years at a price of $14,999,995

The group of mining claims is located just two miles from downtown Telluride and is adjacent to Telluride’s Bear Creek Preserve.

As suggested by the listing, the waterfalls on the property could make for a profitable tourist attraction. The listing compares Bear Creek Falls to Hanging Lake, Seven Falls, and the Maroon Bells, all of which utilize fee-based visitation in some way.

Bear Creek Falls is currently listed as the number two attraction in Telluride, behind only the Telluride Mountain Village Gondola, holding a five-star rating. The listing notes that an estimated 200,000 people visit Bear Creek Falls annually.

Learn more about this property here.

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Bear Creek Falls. Photo: Spencer McKee.
Bear Creek Falls. Photo: Spencer McKee.

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