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$1,695,000
5 Beds 5 Baths 836067 MLS
Location! Location! Location! Exceptional investment opportunity in the heart of beautiful Ouray, Colorado, otherwise known as the Switzerland of America, situated directly on Main Street and within easy walking distance to restaurants, shops, hot springs, hiking trails, world renowned Via Ferrata and Ice Climbing Park and all the attractions that make Ouray one of Colorado's most desirable mountain destinations. Originally built in 1888 and thoughtfully remodeled from top to bottom in 2019, this historic property seamlessly blends timeless character with modern comfort and convenience. The building features five separate turnkey 1-bedroom, 1-bath apartments, each equipped with a full kitchen and furnished for immediate operation. Current reservations and future bookings can transfer to the new owner, providing instant income potential from day one. Guests enjoy one of the "best seats in the house" from the expansive upper balcony, offering spectacular views of Ouray's renowned July 4th and New Year's Eve fireworks shows, along with breathtaking mountain scenery year-round. This property is truly an Investor's Dream, offering strong performance and attractive returns with a 6.6% CAP Rate and priced to sell. Additional features include a detached two-car garage with a large storage area above, plus abundant off-street guest parking behind the building. A significant advantage is that the property is not subject to City of Ouray short-term rental permit requirements, STR taxes, or related operational guidelines due to its zoning and tax classification, creating a rare and valuable opportunity in a market with increasing STR regulations. Whether you're seeking a proven income-producing asset, a legacy investment, or a premier hospitality property in one of Colorado's most picturesque mountain towns, this exceptional Main Street offering delivers location, income, flexibility, and historic charm in one remarkable package.

232 Main St, Ouray

$1,225,000
3 Beds 3 Baths 836023 MLS
Wonderful Ouray home with classic details. Although it looks like a vintage Victorian it was actually built in 1991 and it's as solid as it feels. Over 3,000 square feet with 3+ nice sized bedrooms and 3 beautifully detailed baths. Lots of storage throughout the home including in the large laundry room. Great views from decks on either side of the house. One deck faces the evening Alpenglow light show on the Amphitheater. The other deck spreads out from the living room. Enjoy your morning with the light show on Twin Peaks from this wonderful entertaining area. There is a plumbed area for another bath/shower by the laundry room. 2 furnaces keep the home comfy and provide redundancy. Custom molding throughout, hardwood flooring, granite counters, and beautiful built in cabinets are some of the highlights. A large 2 car garage with shop area and paved apron complete the package. Room to park your RV! This is your new home in Ouray!

320 4th St, Ouray

$650,000
2 Beds 1 Baths 835571 MLS
Charming Victorian cottage with expansive Amphitheater views! This quaint Victorian home is filled with timeless character and sits on the hillside above the Uncompahgre River on the west side of town. Warm and inviting, the home features a cozy wood stove, classic clawfoot tub, and large windows that frame the stunning scenery—perfect for relaxing and taking it all in. Enjoy the soothing sounds of the river below and Oak Creek nearby, creating a peaceful mountain retreat. Recent updates include new windows in most of the home, a new roof (2025), new mini-split systems for efficient heating and cooling, fresh exterior paint, and a hot water heater replaced approximately three years ago. Offered furnished, this turnkey property is ready for you to step in and make it your own. Call for your showing today!

306 Oak St, Ouray

$1,495,000
5 Beds 4 Baths 835001 MLS
Turn-Key Luxury Vacation Rental in Prime Ouray Location A rare opportunity to own one of Ouray’s premier turn-key luxury properties—fully furnished, impeccably appointed, and already operating as a highly successful short-term rental. Unlike many homes currently on the market, this commercially zoned property is approved for short-term rental use, offering immediate income potential from day one. This beautifully remodeled 120-year-old home blends historic charm with upscale modern finishes in one of Ouray’s most desirable locations—directly across from the iconic Western Hotel and just steps from shops, restaurants, and the hot springs. Inside, original architectural details—including solid wood doors, vintage fixtures, intricate trim work, and hardwood floors—are complemented by high-end updates throughout. The gourmet kitchen features custom cabinetry, granite countertops, and premium stainless steel appliances, opening into spacious living areas designed for entertaining and relaxation. The home offers five spacious bedrooms and 3.5 thoughtfully designed bathrooms, including a main-floor ADA-compliant en-suite and a luxurious upstairs primary retreat with a private deck and clawfoot soaking tub. Outside, enjoy a beautifully landscaped yard with a welcoming patio and gas fire pit—perfect for relaxing under the Colorado sky. Ranked in the top 1% of homes on Airbnb and recognized as one of the platform’s “most loved homes,” this property has a proven track record as a luxury vacation rental with exceptional guest appeal. Offered fully furnished and professionally decorated, this truly turn-key property is ready to continue generating income immediately—whether as a private residence, investment property, or both.

645 2nd St, Ouray

$1,395,000
4 Beds 3 Baths 834921 MLS
Located in the heart of Ouray and built in 1884, old and new co-exist beautifully in this updated Queen Anne Victorian. Built on a double corner lot with sweeping views of Box Canyon, Twin Peaks, Cascade Falls and the Amphitheater, enjoy easy access to restaurants, shops, music and art. Fully renovated in 2017, the home has 4 bedrooms and 3 bathrooms, including a large principal ensuite. The updated kitchen, floor-to-ceiling bookshelves and large marble fireplace make the living spaces both cozy and dramatic. Oak flooring, elaborate millwork and 10’ ceilings complete the Victorian vibe. Investment potential in the backyard -- build a guest house or ADU. The back patio and large, fenced yard make this house the ideal base camp for lovers of the San Juans. See this one in person or take a virtual tour. This one is special.

505 4th St, Ouray

$1,350,000
4 Beds 4 Baths 834287 MLS
Live the Mountain Town Dream – Luxury Victorian in Ouray, Colorado Welcome to your dream retreat in the heart of the San Juan Mountains. This elegant modern Victorian, built in 2003, blends classic design with contemporary comfort—all set against 270-degree panoramic views that change with the seasons. Wake up to golden morning light spilling through the two story living room windows. Enjoy coffee on your turret deck, or west deck, whichever view you choose. Both east and west sides have incredible mountain views. The east side has two story windows and looks out at the Amphitheater, the west side sunroom views encompasses Abrams, US mountain, Mt. Hayden and Twin Peaks. Inside, the heart of the home features labradorite countertops that shimmer like the night sky, complemented by custom cabinets and spacious work space. The gas log fireplace in the den provides a nice warm glow while adding a little more heat on the chilly winter days. The sunroom on the west side have excellent views of US Mountain and the west cliffs of Twin Peaks. With 4 spacious bedrooms, and three full baths plus a half bath, there’s room for family and friends. The primary suite is a serene escape, while the open-concept living areas offer cozy corners and effortless flow. The two-car attached garage adds everyday convenience, and the low-maintenance xeriscape yard gives you more time to explore the trails, hot springs, and charming streets of Ouray. The stone retaining walls provide nice separation between your neighbors. The driveway has ornate pavers that keep the dirt out of the garage. This isn’t just a home—it’s a basecamp for adventure and a sanctuary for relaxation, all in one of Colorado’s most iconic mountain towns.

812 4th St, Ouray

$2,400,000
5 Baths 831757 MLS
Rare residential Triplex in the heart of beautiful downtown Ouray, Colorado. Three Residences. One extraordinary gated compound. Immediate cash flow with proven rental income, strong appreciation potential in downtown Ouray, and multiple exit strategies for investors. $116k gross short-term rental revenue in 2025. Mission Rock Triplex is composed of TWO spacious 3 bedroom / 2 bathroom units in an up/down duplex format, PLUS a charming historic (c.1900) free-standing Cottage. The upper 3-bedroom has vaulted ceilings and south facing windows and deck looking at Mt. Abrams. Outside of the office loft, all livable square footage is on one level. At over 2000 livable square feet, the street level 3-bedroom is larger than many houses in town. All livable square footage is on one level, Flexible use scenarios exist for the new owner. Sell off individual units and charge those owners HOA dues. Rent the units (short or long term) in a variety of configurations. Estate plan to deed individual units to family members. Or keep the whole thing for private use. Today all 3 units are active Short-Term Rentals with STR Licenses from the City of Ouray with actual rental histories on file -- inquire for details with Broker. The Mission Rock is a complete renovation and historic adaption of one of Ouray's early single-family homes with appurtenant guest house. The original stone walls of the house and the guest house are in use today. The up/down duplex could be refashioned into a 6 bedroom / 4 bathroom single-family house of over 3500 livable square feet. 117 7th Avenue is street-level 3 bed / 2 bath / 2070 s.f. livable with a welcoming west facing porch. 119 7th Avenue is upper-level vaulted ceiling 3 bed / 2 bath / 1 office loft with a deck / 1454 s.f. livable. 115 7th Avenue is the historic 1 bed / 1 bath / 1 loft / 761 s.f. livable Cottage. Premier gated 8200 s.f. corner lot with stone walls. Call/text/email today to learn more about Mission Rock.

115 7th, Ouray

$2,699,000
5 Beds 4 Baths 826102 MLS
An exceptional home in the heart of Ouray, also known as the “Switzerland of America”. Ouray is famous for its stunning mountain views, outdoor recreation and vibrant community. This property is one block from downtown Ouray where you can enjoy local shops, restaurants and art galleries. This rare gem has character with thoughtful modern upgrades to create a warm, welcoming and highly functional living space. The open floor plan is designed for comfortable living, allowing for easy flow between the living, dining and kitchen areas. The stylish and durable granite countertops in the kitchen add both beauty and practicality. Enjoy comfortable airflow with ceiling fans in every bedroom, living room and foyer. Natural light pours in through the skylight, creating a bright and airy feel in the top bedroom. Cozy up to either the wood burning or electric fireplaces. The decorative leaded glass windows along the stairwell add timeless elegance and charm. There is ample storage for all your mountain living essentials. The heated garage is ideal for year-round use. The high-quality hail resistant roof, metal fencing and durable siding were recently installed making this home very low maintenance. Relax and enjoy the fresh mountain air from multiple outdoor spaces. Easy lawn and garden maintenance with an automated sprinkler system. This home is move in ready with upscale finishes in one of the most scenic towns of the Rockies!

529 4th St, Ouray

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