Wolf Creek is not so much near Telluride. There's Red Mountain Pass and all those nasty mountains to go through. Kinda near Durango but better coming in from Pagosa Springs.
The condo, however, sits right on Purgatory slopes. Or, rather they softened their image by calling it Durango Mountain Resort. At least they haven't changed the trail names.
Remember, Colorado is a BIG state and I doubt anyone wanting to ski Wolf Creek would day trip. It's a 7 hour drive in winter from my place near Denver. Heck, you could probably ski Taos while there - that's really close!
PS don't let me toss a monkey wrench into your plans - I'm known for tossing in options just to confuse the issue. I'm probably not in because I have too many other trips planned. Gotta work a few hours to pay for all this debauchery!