SMRHA Lottery

Deed Restricted Purchase Lottery

White House 3C, Entrada H, and Meribel B will be offered for sale through an Ownership Lottery under the Telluride Affordable Housing Guidelines.

Qualified Households must submit a complete application to the San Miguel Regional Housing Authority, 820 Black Bear Road, Unit G-17 to be entered into the lottery. Applicants for the lottery are required to obtain a prequalification letter from a lender to ensure their ability to purchase at the price level for the desired unit. View a list of local lenders HERE.

If you need an Exception to Household Size or Unconventional Loan – the deadline to submit those applications is Monday January 12, 2026. Exception Applications below!

View the Full Lottery Timeline HERE for Important Dates and Deadlines. Applications will be accepted by appointment only from 12:00pm on Friday, January 2, 2026 through 12:00p.m. on Friday, January 16, 2026. The lottery drawing will be held on Friday, January 30, 2026.

View the Lottery information session that was held on December 17, 2025 at 9:00am at the Ah Haa School 3rd Floor Launchpad:  Presentation and Zoom Recording.  If you have any preliminary questions, feel free to email us at admin@smrha.org or call 970-728-3034.

Information, Application & Forms

Unit Information

White House

147 South Tomboy Rd Unit 3C

Tier 2 Town Constructed Unit

2-Bedroom 1 Bath Condominium

Approximately 767 sq ft

Built in 2007

Sales Price: $312,147

HOA Dues* $493.49 per month

Taxes 2024* $481.04

Entrada

295 Mahoney Dr. Unit H 

Tier 2 Town Constructed Unit

3-Bedroom 2 Bath Condominium

Approximately 1,527 sq ft

Built in 2009

Sales Price: $532,940

HOA Dues* $427.71 per month

Taxes 2024* $1,502.70

Meribel Residences

394 West Colorado Ave Unit B

Tier 1 Mitigation Unit

1-Bedroom 1 Bath Condominium

Approximately 479 sq ft

Built in 2012

Sales Price: $146,100

HOA Dues* $152.17 per month

Taxes 2024* $481.04

*HOA and Property Tax is current information available only and is not a guarantee. These amounts may not reflect actual costs at time of closing. Buyers are encouraged to do their due diligence at time of purchase contract.