The Peaks Resort & Golden Door Spa in Telluride, Colorado is going condo, making it the first well-established in the area to convert to individual ownership for those interested in the "luxury mountain lifestyle." The plan calls for $60 million in renovations, converting the 174 guestrooms into studio, one and two bedroom condos with new flooring, furniture, fixtures and amenities like flat-screen TVs, gas fireplaces, spa-like bathrooms and, for most rooms, outdoor decks. The facility will include easy ski access, a full spa and fitness center, a children's recreation center and conference/gathering rooms. Construction will be completed by December 2007, and the units, fully-furnished, will be priced at $500,000 and up.
