Ridgway Homes under $500,000

Welcome to Ridgway, Colorado, a hidden gem nestled in the heart of Ouray County, surrounded by the breathtaking San Juan Mountains. This charming town, often referred to as the “Gateway to the San Juans,” offers a unique blend of small-town warmth and stunning natural beauty. With its vibrant arts scene, rich history, and an array of outdoor activities, Ridgway is an ideal place for those seeking a peaceful yet engaging lifestyle.

For homebuyers looking for affordability in this picturesque setting, Ridgway boasts an impressive selection of homes priced under $500,000. Whether you’re a first-time buyer, a growing family, or looking for a vacation retreat, you’ll find a variety of options to suit your needs. From cozy single-family homes with mountain views to charming bungalows with quaint gardens, the real estate market here offers something for everyone.

Imagine waking up to the crisp mountain air and stunning sunsets that paint the sky over the peaks. Ridgway’s friendly community, coupled with its outdoor adventures—hiking, biking, and fishing—creates an inviting atmosphere that makes it easy to call this place home. With the nearby amenities of Ouray and Telluride just a short drive away, you'll have access to additional dining, shopping, and entertainment options.

Discover the charm of Ridgway and explore your future in a community that embraces both adventure and tranquility. Your dream home awaits in this enchanting Colorado town, where the mountains meet the heart of a vibrant community.

Newest Ridgway Homes under $500,000

$360,000

4 Beds ⋅ 3 Baths ⋅ 838762 MLS

Open, Spacious, Light & Bright with Mountain Views! Enjoy comfortable mountain living in this spacious 4-bedroom, 3-bath home featuring an open floor plan designed for everyday living and entertaining. The open kitchen offers stainless steel appliances, a breakfast bar and an abundance of cabinetry, while the formal dining room and cozy living room provide plenty of space to gather. A main-floor primary suite adds convenience, and the office/den with pellet stove creates a warm and inviting space for working from home or relaxing. Recent updates include newer carpet, laminate flooring and interior paint. Modern conveniences include high-speed internet, while energy-efficient double-pane vinyl windows and a durable metal roof add to the home's appeal. Step outside onto the large private deck and take in expansive mountain views, big blue skies and brilliant star-filled nights. Additional features include a lofted utility shed and an 11' x 17' heated indoor shop area with 220V service—ideal for hobbies, projects or additional workspace. With four bedrooms and multiple living areas, the flexible floor plan is well suited for a large or extended household, home office needs or potential roommate arrangements. Nestled among the trees with views as far as the eye can see, this property offers a peaceful mountain setting just minutes from National Forest lands with convenient access to Ridgway and Telluride. Come experience the space, scenery and Western Colorado lifestyle!

135 Aspenglow Ln, Ridgway

$446,000

1 Beds ⋅ 1 Baths ⋅ 838546 MLS

Well designed to take advantage of the light and views. The porch has excellent mountain views. New construction and furnished. Mini split heating and AC. Club house with adjacent sunny patio with over sized hot tub. Easy to lock and leave. No short term rentals. Dog friendly. One assigned open air parking spot. One assigned storage space that is 6'x8'x8'. Note the low monthly HOA fees of $150

248 Redcliff Dr, Ridgway

$368,000

1 Baths ⋅ 838544 MLS

To be built. These homes are well designed and well built. Each home has views and lots of light. The lot is a "to be built" product already designed. The same design has been built in Phase 1 so you can see what your finished product will look like. Mini split heating and cooling systems.There are two attached studios in one building.No common walls.Separated walls and floors for sound proofing. One assigned open air parking. One assigned storage space that is 6'x8'x8'. The building can be completed in about 6 months from contract date. Club house with large patio adjacent. Patio has an oversized hot tub and plenty of room for lounging in the sun.

240 Redcliff Dr, Ridgway

$225,000

3 Beds ⋅ 2 Baths ⋅ 837561 MLS

Welcome to 318 Winding Trail — a well-maintained Ridgway home with thoughtful recent improvements and a warm, comfortable feel. This home has been refreshed with new carpet, interior paint, an updated primary bathroom, and much more. A pellet stove adds cozy warmth and an inviting atmosphere during the cooler Colorado months. The kitchen features several recent upgrades, including a multifunctional kitchen sink, smart Samsung French-door refrigerator, and smart LG dishwasher. A kitchen hutch and bar stools are also included with the home, providing additional storage and functionality. Other improvements include a new, larger water heater, freshly painted storage shed, and extended gravel parking area. With many updates already completed, 318 Winding Trail offers a comfortable, move-in-ready opportunity without the hassle of taking on a long list of projects. Enjoy the refreshed interior, cozy living spaces, and all that Ridgway and Southwest Colorado have to offer. Come see 318 Winding Trail and make this updated Ridgway home your own.

318 Winding Trl, Ridgway

$410,000

2 Beds ⋅ 2 Baths ⋅ 836772 MLS

Affordable homeownership without deed restrictions! This upper-level 2-bedroom, 2-bath condo offers a functional layout, abundant natural light, a private balcony, and move-in-ready comfort with room to update and build equity over time. Enjoy the convenience of being just minutes from Ridgway's schools, parks, restaurants, shops, and trails, with an easy commute to Telluride, Ouray, and Montrose. A rare opportunity to own in one of the region's most desirable mountain communities, offering the flexibility to live, rent, or hold as a long-term investment. Spend your weekends exploring the San Juans, soaking in nearby hot springs, or enjoying Ridgway's vibrant small-town community.

550 Redcliffe Cir Unit D204, Ridgway

$89,000

836090 MLS

Beautiful level cluster lot at the tee on the first hole of the scenic Divide Ranch and Club. Soaring ponderosa pines, gorgeous mountain views and golf course views. Large lot of 1.2 acres zoned multi-family allowing a build of 3 detached homes or a triplex. Ownership includes The Divide Ranch and Golf Club with its 7038 YD 18 hole golf course. Located on Log Hill, just 6 miles from the historic town of Ridgway and 30 minutes from Montrose Regional Airport; 45 minutes from Telluride's world class skiing and 10 miles from Ouray's famous hot springs and the San Juan Skyway. Owner financing available.

Tbd S Badger Trl, Ridgway

$470,000

3 Beds ⋅ 2 Baths ⋅ 835098 MLS

Welcome back to opportunity in Ridgway—where entry into this highly sought-after mountain town is once again within reach. This top-floor 3-bedroom, 2-bath condo offers the ideal blend of lifestyle, location, and investment potential, making it a standout choice for both primary residents and savvy buyers seeking a proven income property. Positioned on the south-facing top floor, this light-filled condo captures expansive sunshine and views, while vaulted ceilings elevate the sense of space in the main living area. Thoughtful upgrades include Hunter Douglas top-down/bottom-up blinds throughout, allowing for privacy without sacrificing natural light, and durable white oak laminate flooring designed to withstand everyday mountain living. The functional floor plan features generously sized bedrooms, each with ample closet space to keep belongings organized and out of sight. A private deck invites you to take in the surrounding beauty, while additional perks—like a secure, locking storage closet ideal for bikes, gear, and seasonal items—enhance everyday convenience. Location is everything, and this condo delivers. Enjoy easy walkability or a quick bike ride to Ridgway’s vibrant amenities, including local restaurants, coffee shops, the library, scenic bike and hiking trails, the river walk, and beloved community events like summer concerts and art walks. Practical features include one assigned covered parking space plus an additional designated parking spot. The HOA dues provide comprehensive coverage, simplifying ownership with a “lock-and-leave” lifestyle. For investors, this property has a strong track record as a successful long-term rental over the past six years—offering immediate income potential in a market with consistent demand. Whether you’re looking to establish a foothold in Ridgway real estate, secure a mountain getaway, or expand your investment portfolio, this condo represents a rare and compelling opportunity.

540 Redcliff Cir E Unit E 203, Ridgway

$449,000

3 Beds ⋅ 2 Baths ⋅ 834804 MLS

This lovely 3-bedroom, 2-bath condo unit in Ridgway Village West, affectionately referred to by locals as the "Pondos" (because of its location around the subdivision's pond), is perfectly located on the 2nd floor facing south. The unit offers spectacular views of the San Juan Mountains and the surrounding town of Ridgway, which you can savor year-round from the south-facing balcony. Since 2018, it has been enhanced with many wonderful upgrades, including new engineered wood flooring in the living room and south bedroom, new carpeting in the large master bedroom and middle bedroom, new light fixtures in the kitchen and dining area, all-new interior custom color paint, and a new dishwasher, microwave, disposal, and kitchen sink faucet. The large master bedroom also features a private ensuite bathroom, adding an extra touch of comfort and convenience. Ridgway Village West units are well-built, energy efficient, protected by a fire sprinkler system, and well-maintained by the active HOA — meaning no exterior work, watering, or maintenance is required outside of your unit. A new roof was installed on the building in 2021. The exterior wood was stained this spring, and Building 520 will be completely repainted soon. This home is conveniently located a short distance from Ridgway's historic downtown district, accessible by bike or foot along a paved recreation path that winds through the community, which also features a playground. This condo includes an assigned covered parking space with a storage unit, plus one unassigned surface parking spot. HOA dues are paid quarterly and include water, sewer, trash, HOA operating expenses, and a reserve. They cover snow removal, irrigation water, lawn, and landscaping, exterior maintenance, walking path, playground, gazebo, and insurance coverage. If you seek affordability, quality, convenience, and the mountain lifestyle that Ridgway and the San Juan Mountains offer, look no further. Call today to arrange a showing before this one gets away!

520 Redcliff Cir Unit G-203, Ridgway

$340,000

833834 MLS

Incredible 0.35-acre duplex lot in River Park with sweeping views of the San Juan Mountains, including Mt. Sneffels, Abrams Mountain, and down the Ouray Valley. This lot offers excellent flexibility with multiple building options, including duplex, ADU, or single-family (buyer to verify with Town of Ridgway, Ouray County, and HOA). Backing to open space, the setting provides added privacy and a true Colorado feel. Seller has already begun site work and developed two preliminary floor plan concepts, one with an ADU and one without, giving the Buyer a strong head start on planning and development. In addition, Seller has completed a full, permit-ready duplex plan set for the lot, including geotechnical, structural, and mechanical engineering, along with HOA DRB approval. This provides the opportunity for a Buyer to step in and move directly toward building permit with a significant amount of upfront work already completed. An additional concept has also been explored for a single-family home with and without an ADU, offering further flexibility depending on the Buyer’s vision. High-speed fiber optic internet through Clearnetworx is in progress for the area. Significant utility value is already in place with $5,160 paid toward the water tap and $6,020 prepaid toward the sewer tap. Buyer to verify remaining balances and configurations with the Town of Ridgway depending on building plans. Located just minutes from Ridgway State Park, offering boating, fishing, and camping, and only about 45 minutes to Telluride for world-class skiing. Endless outdoor recreation surrounds you, including hiking, biking, rafting, hunting, and 4WD access into the San Juans. Ridgway offers a true small-town atmosphere with great restaurants, art galleries, and a strong sense of community, while Montrose is just 30 minutes away with full amenities including a regional airport, hospital, and major retail.

485 Kismet St, Ridgway

$299,000

1 Beds ⋅ 1 Baths ⋅ 833118 MLS

PRICE REDUCED!!!!!! Charming 1 bedroom, 1 bath, lower level Condo in Building E with detached carport & locked storage. Clean unit with hardwood flooring and granite counters. Includes all kitchen appliances plus newer washer and dryer. Very affordable for first time home buyers or perfect rental property. Nice covered patio and walking distance to downtown Ridgway. (currently rented month to month)

540 Redcliff Cir Unit E-104, Ridgway

$399,000

2 Beds ⋅ 2 Baths ⋅ 830882 MLS

DEED RESTRICTED - NEW CONSTRUCTION in Ridgway! This is an upper level two bedroom residence. Perfectly situated as the only Ridgway residential project on the Uncompahgre River, Riverfront Village offers quick highway access to Telluride, Ouray, Silverton, and Montrose while a stroll down the river trail leads to downtown shops and restaurants. Project was completed in 2025. Air Conditioning, and is located on the second floor with elevator access. All tours must be with a RRV Team member. Understand Deed Restrictions prior to inquiring about the unit.

205 Jasper Ln Unit 202, Ridgway

$455,000

3 Beds ⋅ 2 Baths ⋅ 830694 MLS

Majestic mountain views in Ridgway await you! This well-maintained condo features nice appliances including a brand-new microwave and granite countertops. The central open living area has abundant natural light, showcasing those magnificent views. The carpeting has been replaced throughout the unit. Included are many amenities you would desire in your condo- such as natural gas forced air heating, a stackable washer and dryer located in your own dedicated laundry room, a tiled entryway, an primary suite, and more. Included outside is a nearby carport parking space with an outdoor storage locker to keep the snow off your vehicle and your outdoor gear protected. The HOA maintains the landscaping, private pond, and sidewalk just outside the door. The fee also covers water, sewer, trash, and snow removal. Schedule your showing to experience this property for yourself.

550 Redcliff Cir Unit D202, Ridgway

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