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
Lottery Timeline
Lottery Information Packet 2025
Lottery Application
Solicitud de loteria
Schedule an Application Appointment (REQUIRED)
Current Telluride Affordable Housing Guidelines
Exception Application – Household Size
Exception Application – Unconventional Loan
Optional Application Certifications
Certification of Essential Response Personnel
Certification of Local School Attendee
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.