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232 Main St, Ouray
$1,695,000
5 Baths ⋅ 839303 MLS
Exceptional investment opportunity that has it all: LOCATION, CAP RATE of 7%, and EXEMPTION from City's STR rules/guidelines/STR taxes - all due to its zoning! Situated on Main St in the heart of beautiful Ouray Colorado, otherwise known as the Switzerland of America, this turn key property has 5 separate fully remodeled 1 bedroom, 1 bath apartments. Currently being operated as an STR with an attractive return on investment , the property also has the opportunity to be long term rentals or a residence. With its expansive upper balcony, it boasts some of the "best seats in the house" for magical mountain views and the renowned City of Ouray's fireworks shows on July 4th and NYE. All current bookings can transfer with a sale, providing a new owner with income from Day 1. Come explore this one of a kind opportunity!

232 Main St, Ouray

232 Main St, Ouray
$1,695,000
836066 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

755 N Laura St, Ridgway
$1,695,000
4 Beds ⋅ 4 Baths ⋅ 834037 MLS
Experience the perfect blend of luxury, functionality, and mountain lifestyle in this stunning custom home situated on a premium corner lot in one of Ridgway’s most desirable neighborhoods. Surrounded by mature landscaping and featuring a fully fenced side and backyard, this property offers privacy, space, and a cozy outdoor living area—ideal for enjoying Colorado’s breathtaking scenery. Natural light floods the home through expansive windows, perfectly framing sweeping views of the San Juan and Cimarron mountain ranges. These ever-changing vistas create a serene backdrop for everyday living and elevate the sense of connection to the surrounding landscape. Inside, the thoughtfully designed open-concept floor plan is ideal for both entertaining and daily comfort. The gourmet kitchen serves as the heart of the home, featuring a 36” Wolf dual fuel range, Wolf range hood, and a full suite of KitchenAid professional stainless steel appliances, including refrigerator/freezer, dishwasher, microwave, warming drawer, and ice machine. Custom cabinetry offers exceptional storage with expansive drawer banks, a dedicated cookbook shelf, cookie sheet and cutting board storage, and elegant glass-front display cabinets. A large center island with bar seating, dual pantries, and granite countertops complete this chef’s kitchen, seamlessly opening to the warm and inviting living room. The primary suite offers a private retreat with built-in cabinetry and an under-cabinet refrigerator. The spa-inspired bathroom features dual vanities, a luxurious soaking tub, and a spacious walk-in shower with dual shower heads. A separate water closet provides added privacy. The expansive walk-in closet includes custom built-ins, floor-to-ceiling shoe storage, and a charming storage bench for both comfort and function. Bedrooms two and three are generously sized, each with walk-in closets and ample shelving. The versatile fourth bedroom or bonus room provides flexible space for a home office, guest suite, recreation room, or potential ADU with minor modifications—ideal for multi-generational living or rental income opportunities. Throughout the home, high-end finishes include hardwood floors, natural stone tile, granite countertops, custom cabinetry, built-ins, and a striking stone fireplace. Additional features include central heating and air conditioning, abundant storage, and a spacious three-car garage. Located within walking distance to downtown Ridgway, this home offers unparalleled access to the town’s vibrant lifestyle. Enjoy local farmers markets, summer concert series, restaurants, and community events just moments from your door. Ridgway is known for its welcoming atmosphere, excellent schools, and strong sense of community, making it an ideal place to call home. Perfectly positioned with convenient access to Ouray and Telluride, this location places you in the heart of some of Colorado’s best outdoor recreation. From hiking, biking, fishing, and skiing to year-round adventure, the opportunities are truly endless. This is more than a home—it’s a lifestyle defined by light, views, walkability, and the unmatched beauty of mountain living in Ridgway, Colorado.

755 N Laura St, Ridgway

739 Clinton St, Ridgway
$1,680,000
3 Beds ⋅ 3 Baths ⋅ 837478 MLS
Opportunities to own one of Ridgway's truly iconic in-town homes are exceptionally rare, and this remarkable custom residence on coveted Clinton Street is among the finest. Long regarded as the premier residential block within Ridgway's Historic Town Center, Clinton Street is where timeless architecture, mature landscaping, and small-town charm come together just steps from the community's favorite destinations. Stroll a half block to Kate's Place for breakfast, meet friends at Colorado Boy Brew Pub, enjoy concerts and festivals in Hartwell Park, browse local galleries and boutiques, or walk to Mountain Market, Belle Vino, the library, schools, and restaurants. From this extraordinary location you're only minutes from Ridgway State Park, spectacular Ouray—the "Switzerland of America"—and an easy drive to the world-class skiing, golf, mountain biking, hiking, and internationally renowned music and film festivals of Telluride. Built by its owner in 2002 with uncompromising craftsmanship, the home possesses a warmth and character rarely found in newer construction. Set well back on an oversized, beautifully landscaped lot for exceptional privacy beneath mature shade trees, the property immediately captures attention with soaring rooflines, handcrafted cedar siding accented with reclaimed antique timbers, decorative ironwork, and architecture that feels both timeless and distinctly European. Inside, reclaimed old-growth redwood, gracefully curved walls, artisan millwork, custom doors, rich brick, tile, and wrought iron combine to create an atmosphere that is elegant, inviting, and unforgettable. Natural light pours through expansive windows, highlighting the remarkable craftsmanship throughout every room. The flowing floor plan was thoughtfully designed for both entertaining and everyday living, anchored by an extraordinary great room featuring a magnificent vintage 1890 wood-burning stove that fills the home with warmth and old-world character. The gourmet kitchen is worthy of a luxury magazine, showcasing a Viking professional range with custom iron surround, Viking double wall ovens, a 48-inch Sub-Zero refrigerator, richly crafted custom cabinetry, striking stained concrete countertops, beautiful artisan lighting, generous pantry space, and a charming built-in breakfast nook. A sculptural curved staircase leads to the private upper levels where the luxurious primary suite offers a spa-inspired bath with a European walk-in shower, oversized jetted soaking tub for two, and an impressive walk-in wardrobe with soaring ceilings and custom built-ins. A second bedroom with bath provides privacy for family or guests, while the upper loft overlooking the great room is ideal as a home office, media room, or third bedroom. Completing this exceptional property is a highly desirable detached carriage house featuring oversized garage and workshop space below and a beautifully finished one-bedroom, one-bath accessory dwelling above—perfect for guests, multigenerational living, long-term rental income, or short-term rental opportunities with appropriate approvals. Combining extraordinary craftsmanship, timeless architecture, income potential, and one of the most desirable walkable locations in Ridgway, this is a legacy property that seldom becomes available. For those who have admired this home for years while dreaming, "Someday that home will be mine," someday has finally arrived.

739 Clinton St, Ridgway

185 N Lena St Unit Condo "E", Ridgway
$1,599,000
3 Beds ⋅ 2 Baths ⋅ 830830 MLS
Unfinished 3-Bed | 2-Bath Luxury Penthouse with Rooftop Balcony & Panoramic Mountain Views Step into one of Ridgway’s most remarkable residential offerings — Condo E, the Penthouse at the Old Firehouse. This top-floor, 3-bedroom, 2-bath luxury shell combines historic character, modern architecture, and a rare opportunity to complete the interior to your exact taste. High ceilings, abundant natural light, and an intuitive floorplan set the stage for a truly elevated mountain-town residence. Indoor/outdoor living with show-stopping mountain views. Along the east side, full-height glass walls open directly onto a private rooftop balcony overlooking Ridgway’s beloved Town Park. This exceptional outdoor living space features a two-sided indoor/outdoor fireplace, creating a seamless transition between the great room and the terrace. From sunrise glow to alpenglow sunsets, you’ll enjoy unobstructed panoramic views of the Cimarron and San Juan Mountains — a breathtaking backdrop for quiet mornings, dinner parties, or relaxing under the Colorado sky. A luxury canvas ready for your final vision. Construction is already well underway, and major systems are in place. What remains — trim, flooring, kitchen installation, fixtures, and final finishes — allows you to customize every detail. Whether your style leans toward modern mountain, rustic elegance, or minimalist luxury, this Penthouse gives you the freedom to design without compromise. Prime in-town living in an iconic Ridgway landmark. Set within the carefully restored Old Firehouse, this residence is just steps from restaurants, shops, parks, and the creative district. With Ridgway’s thriving lifestyle scene and easy access to Ouray, Telluride, and the San Juan region, this address offers both convenience and adventure. Key Features: • Unfinished luxury Penthouse with premium customization potential • 3 bedrooms | 2 bathrooms | open, light-filled layout • Glass walls opening to private rooftop balcony • Two-sided indoor/outdoor fireplace • Panoramic Cimarron + San Juan Mountain views • Overlooks Ridgway Town Park • Historic building with modern infrastructure • A rare opportunity in a limited-inventory market For buyers seeking a standout residence with unmatched views and the freedom to finish it their way, the Penthouse at the Old Firehouse is truly one of a kind.

185 N Lena St Unit Condo "E", Ridgway

102, 120, 144 Campbell & 158 Lidell, Ridgway
$1,595,000
821337 MLS
FULLY LEASED - 5.98% Cap Rate: This ~7,909 sq. ft. commercial building is ideally situated in busy downtown Ridgway, offering an exceptional investment opportunity with a mix of established tenants and versatile vacant spaces. There is an open unit for an end user or additional income and 6 leased units for the perfect combination of income possibility! Current Leased Units: 144 Campbell ~1,605 sq. ft. - Open layout for brew pub and back kitchen area. Opens to large patio area for expanded seating. 100 Campbell ~1,170 sq ft – Prime corner unit with large windows, perfect for café, retail or office space. 102 & 104 Campbell ~1,017 sq. ft. – Features two distinct spaces, ideal for office or boutique retail. 158 Liddell, Unit A ~1,536 sq. ft. – Spacious, open layout with high ceilings and an overhead door. 158 Liddell, Unit B ~926 sq. ft. – Includes secure storage, a small break room, and an overhead door—perfect for light industrial or operational needs. 158 Liddell, Unit C ~775 sq ft – Open warehouse, high ceilings and overhead door. 158 Liddell, Unit D ~178 sq. ft. – Compact office or storage with exterior access. Located just one block off Sherman Street (Hwy 62) and a short drive from the Hwy 550 corridor, the property enjoys high visibility and easy access. Tenants and customers benefit from proximity to historic downtown shops, restaurants, coffee houses, the post office, and a range of outdoor attractions that draw both locals and tourists year-round. Don’t miss this rare opportunity to own a versatile, income-producing property in one of Ridgway’s most desirable commercial districts.

102, 120, 144 Campbell & 158 Lidell, Ridgway

19 Marten Ct, Ridgway
$1,585,000
3 Beds ⋅ 3 Baths ⋅ 837248 MLS
SINGLE LEVEL RANCH STYLE HOME! Welcome to 19 Marten Court, an exquisite 3 bedroom, 3 bathroom retreat tucked away in the desirable Divide Ranch & Club golf community. This newer 2021 build sits on almost a full acre, offering stunning views of the Cimarron Mountains and a peek through the trees at the 16th green. Designed to maximize natural light, the expansive great room features floor to ceiling windows, creating a bright, spacious interior. Open the automated Hunter Douglas window shades to combine indoor comfort with the breathtaking outdoors. The exterior grounds feature a meticulously designed xeriscape, blending native flora with dramatic, oversized boulders. Spend your days surrounded by mature Ponderosa pines as the local wildlife wanders by the custom iron fence. Step out your door to world-class golf at the Divide Ranch course, take a quick drive down the hill to the charming town of Ridgway, or enjoy a scenic 45 minute drive to the legendary slopes of Telluride Ski Resort.

19 Marten Ct, Ridgway

2490 County Road 17, Ridgway
$1,500,000
4 Beds ⋅ 4 Baths ⋅ 835116 MLS
Riverfront Mountain Home/Retreat on Nearly 19 Acres Perched dramatically along the rock cliffs above the river, this exceptional mountain retreat captures breathtaking panoramic views of the surrounding mountains, private river frontage, and the beauty of Colorado’s rugged landscape. Situated on just under 19 acres with ownership extending to the middle of the Uncompahgre River below, this property offers a rare combination of privacy, natural beauty, and year-round recreation. Built in 1992 and lovingly maintained by the same family since 2000, the home has been thoughtfully improved over the years while preserving its warm mountain character. The residence features two stories plus a loft and decks on two levels, offering generous living space for family and guests. The lower level includes three bedrooms, two bathrooms, and a spacious family room anchored by a stunning stone fireplace and a small deck, all with mountain views—an inviting gathering place after a day of outdoor adventure. A utility room with workshop space provides ample room for projects, hobbies, and storage. On the main level, a grand entry welcomes you beneath soaring cathedral trusses, log beams and tongue-and-groove pine ceilings and walls, creating an authentic lodge-style atmosphere. Expansive windows frame spectacular views and fill the home with natural light. The open-concept living room, dining area, kitchen, and the primary suite all enjoy the stunning mountain and river vistas. A floor-to-ceiling stone fireplace serves as the centerpiece of the living room, adding warmth and rustic elegance. The loft, a great office work area, overlooks the living room. A small private room with loft, near the front door, provides a unique use area. Multiple access points lead to the expansive wrap-around upper deck, where you can relax, entertain, and take in the incredible scenery, and overlook part of the property and river corridor below. Adjacent to the kitchen, you'll find a large laundry and utility room with direct access to the oversized two-car garage. The large, covered entry porch designed for quiet mornings, mid-day lunches and peaceful evenings also provides a side entrance into the laundry/kitchen area. The main-level primary suite offers a private retreat complete with a spacious walk-in closet and the primary suite bath featuring a soaking tub, separate shower, and ample space to unwind. Exterior features include beautifully milled log construction and a distinctive multi-peaked roof finished in rusted steel, perfectly complementing the mountain setting and protecting the home. For those seeking even more acreage and river frontage, an adjoining 17-acre parcel with additional river access is available under a separate listing. An old, well-traveled dirt road runs through the lengths of the two parcels for 1/2 mile from the house driveway to the river, providing good access to much of the two properties. The two properties may be purchased together to create an extraordinary legacy estate. Conveniently located approximately 15 minutes from the charming mountain communities of Ridgway and Ouray, this remarkable property offers the perfect blend of seclusion, comfort, and accessibility. This is a rare opportunity to own a true Colorado mountain sanctuary along the Uncompahgre River.

2490 County Road 17, Ridgway

602 Chipeta Dr, Ridgway
$1,499,000
5 Beds ⋅ 4 Baths ⋅ 835388 MLS
Rare opportunity to own a spacious in-town home in Ridgway's desirable Solar Ranch community. Offering 3,515 square feet, 5 bedrooms, and 3.5 bathrooms, this property provides the perfect blend of space, comfort, and convenience. Situated on on just under one-third of an acre, the home enjoys beautiful views of Mt. Abram and the Cimarrons while bordering expansive HOA open space with seasonal irrigation water. Inside, multiple living and gathering areas create flexibility for families, entertaining, remote work, and everyday living. The fully fenced backyard offers privacy and room for pets, gardening, or outdoor enjoyment. Multiple patio areas provide ideal spaces for relaxing and taking in Ridgway's mountain setting. An oversized two-car garage offers ample storage for vehicles, mountain bikes, paddleboards, skis, and all your Colorado gear. A standout feature is the upper-level apartment space above the attached garage. Currently utilized as a game and recreation room, the area includes two bedrooms, one bathroom, and a kitchen already pre-plumbed for future completion, creating excellent potential for guest accommodations, multigenerational living, or supplemental rental income. Located within Ridgway town limits, you'll enjoy easy access to local restaurants, shops, parks, festivals, schools, and community amenities. The nearby trail systems. Combining generous living space, mountain views, outdoor amenities, and a highly desirable in-town location, this is a rare opportunity to enjoy the best of the Ridgway lifestyle.

602 Chipeta Dr, Ridgway

364 Jumping Tree Trl, Montrose
$1,495,000
2 Beds ⋅ 2 Baths ⋅ 839630 MLS
An exceptionally rare opportunity to own one of Southwest Colorado's most remarkable legacy ranches. Jumping Tree Ranch is a historic 35-acre mountain estate ideally situated between Montrose and Telluride, with convenient access to Telluride, Ouray, Ridgway, and surrounding recreation. Offering unmatched privacy, breathtaking scenery, and exceptional versatility, the ranch features on expansive acreage connected by miles of signed and maintained single-track trails. Spectacular 360-degree panoramic views encompass the Grand Mesa, Cimarron Range, and San Juan Mountains, creating an extraordinary setting for a private retreat, family compound, equestrian property, or investment opportunity. The 2,818-square-foot main residence was thoughtfully designed for sustainable, self-sufficient living while maintaining every modern convenience. The home includes an in-house water treatment system, solar power, Tri-County water, and connection to the electrical grid, providing both independence and reliability. A 12,500-watt Kohler backup generator ensures uninterrupted power when needed. Enhancing the property's sustainable lifestyle is a remarkable 938-square-foot, two-story growing dome featuring tropical trees and year-round growing capability. The main compound is completed by a massive garage with an expansive sleeping loft, offering abundant storage and guest accommodations. The ranch is configured with approximately 35 acres surrounding the main residence and an additional offering of a 55 acres encompassing the second residence, which consists of two deeded parcels. Whether preserved as one extraordinary legacy estate or explored for future ownership or subdivision possibilities. The property offers exceptional long-term flexibility. The 90 acres is offered at $2,390,000 Jumping Tree Ranch represents an outstanding value. Opportunities to acquire a property of this size, quality, location, and versatility are exceptionally rare. Perfectly suited as a private mountain sanctuary, equestrian estate, hunting retreat, family compound, or income-producing investment, the ranch also presents exciting potential for short-term rentals, retreats, or an event venue. Situated within a major wildlife migration corridor, the property offers exceptional opportunities to experience Colorado's abundant elk, deer, and native wildlife in an unforgettable natural setting. Outdoor living is at its finest with thoughtfully designed spaces that invite you to relax and enjoy Colorado's spectacular surroundings. A spacious covered patio and charming gazebo provide the perfect setting for outdoor dining, entertaining, or simply unwinding while taking in the peaceful mountain scenery. The lush grass lawn offers an ideal place for family gatherings, games, pets, or enjoying warm sunny days, creating an inviting outdoor oasis that complements the beauty and tranquility of the ranch.

364 Jumping Tree Trl, Montrose

2874 County Road 17th Rd, Ridgway
$1,495,000
4 Beds ⋅ 3 Baths ⋅ 838819 MLS
Wake up to the San Juan Mountains with a private 17-acre lake just outside your door. Set on a private one-acre parcel within Ridgway's coveted Black Lake community, this mountain retreat offers access to nearly 100 acres of shared open space, trails and adjoining public lands--creating a rare combination of water, mountains, privacy and year-round recreation between Ridgway and Ouray. The setting is exceptional. Black Lake provides a spectacular centerpiece for the community and opportunities to fish, kayak and paddleboard, while the surrounding open space invites hiking, biking and exploring directly from home. Perched among mature pines above the lake, the residence enjoys expansive views across the valley and toward the surrounding San Juan peaks. Inside, classic Colorado mountain architecture takes center stage. Soaring cathedral ceilings, exposed log beams and a dramatic floor-to-ceiling stone fireplace anchor the main living area, while walls of windows fill the home with natural light and frame the landscape beyond. The adjoining kitchen features custom cabinetry, granite countertops and generous workspace for entertaining and everyday living. Two suites on the main level provide privacy and flexibility, including one with a vaulted, glass-lined sitting room and wet bar. The lower level offers two additional bedrooms, a full bath and laundry, while the spacious upper loft creates an ideal office, media room, bunk room or additional gathering space. An oversized two-car garage provides ample room for vehicles and mountain gear. Outdoor living is woven throughout the home, with multiple covered decks and gathering areas offering places to enjoy morning coffee, summer evenings and the changing seasons among the pines. Beyond the residence, ownership provides access to the extraordinary Black Lake property--nearly 100 acres of shared open space centered around the private 17-acre lake. It is an increasingly rare opportunity to enjoy water recreation, protected open space and immediate access to the outdoors from your own neighborhood. Located along scenic County Road 17 between Ridgway and Ouray, the home feels wonderfully secluded while remaining convenient to both communities. Bike from your doorstep, explore the San Juan Mountains, soak in the Ouray Hot Springs, enjoy Ridgway's restaurants and shops, or head to Telluride for world-class skiing and recreation. At 2874 County Road 17, the lake isn't somewhere you drive to and the mountains aren't simply a view--they're part of everyday life.

2874 County Road 17th Rd, Ridgway

Tbd (Mile 102) 550 Highway, Ridgway
$1,495,000
835163 MLS
Named for the tranquil hot spring within its confines, the Lela Belle Springs Ranch is a beautiful, 109 +/- acre, holding- just opposite of the Famous Orvis Hot Springs. Amenities are close, Orvis being a short walk, Ridgway a mere two miles, and every opportunity the San Juans have to offer, from historic Ouray (8.2 mi) to the Ski Slopes of Telluride (41 miles), being only a short drive. On the valley floor, the parcel is accessed directly off HWY-550 (year-round, paved). From there, the ranch traverses the Upper Moody Ditch, of which 0.25CFS is allocated to the property; then climbing Pinion and Juniper slopes to approximately 7,840’ elevation. Over this extent are several possible homesites with great views and sufficient acreage for 3 use-by-right tracts, each allowing a primary residence and guest home. The ranch is unencumbered, recently surveyed, with Tri-county water and electric service available. The Lela Belle Springs Ranch sports a modest 450SF, off grid, hunting and recreation cabin; taken alongside abundant mule deer & elk licenses, it can serve as a base camp for hunting/hiking deeded acreage (GMU 65), exploring public land, or fishing the celebrated Uncompahgre River at Paco-Chu-Puk. From a picnic and horseback ride around the natural spring, to lounging at Orvis, dining in Ridgway or exploring picturesque Ouray, the Lela Bella is a prime candidate for all life’s adventures.

Tbd (Mile 102) 550 Highway, Ridgway

645 2nd 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

604 Charles St, Ridgway
$1,495,000
3 Beds ⋅ 4 Baths ⋅ 834659 MLS
TO BE BUILT with an expected completion of Fall 2026. RidgSix is a modern collection of six newly constructed townhomes in the heart of Ridgway, designed for contemporary mountain living with clean architectural lines, open living spaces, high-performance SIP construction, enhanced sound separation between residences, and no HOA. 604 Charles is the first opportunity released within the development and one of the premier end units, offering abundant natural light and sweeping Cimarron views. Thoughtfully designed for both full-time living and lock-and-leave convenience, the residence features multiple outdoor spaces, a private garage, and modern mountain functionality. Ideally located minutes from Ridgway's vibrant downtown, Ridgway State Park, Telluride, Ouray, and Montrose Regional Airport. Some photos of this listing may include virtually staged amenities, furniture or fixtures.

604 Charles St, Ridgway

185 N Lena St Unit Condo "D", Ridgway
$1,490,000
4 Baths ⋅ 830826 MLS
Condo D includes four deed-restricted residential units within the historic Old Firehouse building. The offering consists of three 1-bedroom/1-bath condos and one studio with a full bath. All units are newly finished and include an oven/range, refrigerator, dishwasher, washer, and dryer. Each residence also comes with a dedicated storage area and covered carport, and an elevator provides access to the residential level. The in-town location offers walkable access to restaurants, shopping, schools, parks, and community amenities. The deed restriction is income-based only, set at 140% of Area Median Income, with approximately 17 years remaining before the units convert to free-market status. Current rents are below the maximum allowable levels and still produce over a 5% return at the full asking price, offering stable performance with future upside. Workforce housing remains one of the most consistently sought-after segments in Ridgway and the surrounding region. Local employers across hospitality, education, healthcare, trades, municipal services, and recreation rely on attainable, well-located units like these to meet year-round staffing needs. With limited inventory and ongoing demand, units of this type remain highly successful rentals with dependable occupancy. Ridgway’s central position between two major employment hubs strengthens long-term demand. Ouray, approximately 10 minutes away, supports steady year-round jobs tied to tourism, lodging, and local services. Telluride, roughly 45 minutes west, is a major four-season destination with significant employment in hospitality, events, outdoor recreation, construction, and professional services. Many who work in Telluride choose to live in Ridgway for improved housing access and community amenities, making these units well-situated for a broad pool of renters. With reliable rental performance, walkable in-town convenience, and free-market conversion potential in the future, Condo D offers a balanced blend of present-day income and long-term value in a high-demand San Juan Mountain market.

185 N Lena St Unit Condo "D", Ridgway

631 Sherman St, Ridgway
$1,425,000
839807 MLS
Exceptional Commercial Investment & Development Opportunity in Downtown Ridgway, Colorado! Discover the remarkable flexibility of Ridgway's Historic Business Zone, offering some of the most desirable mixed-use development opportunities in Southwest Colorado. Located in the heart of Ridgway's thriving Town Core, this 2,315-square-foot, single-level commercial building offers outstanding visibility, pedestrian traffic, convenient parking, and exceptional potential for retail, restaurants, professional offices, galleries, residential conversion, or mixed-use redevelopment. Constructed in 1993, the building has a successful history of retail use, including an antique store, upscale furniture showroom, specialty shops, and offices. Currently configured into three distinct commercial spaces, it accommodates a popular T-shirt and souvenir shop, a fine fabric arts gallery and workshop, and an office supply business. Continue its established commercial uses or reimagine the property to suit your investment or business vision. Ridgway's flexible Historic Business zoning offers exciting possibilities for commercial, residential, and multifamily uses, with a maximum building height of 35 feet and minimal side setbacks. Consider expanding the existing structure, adding upper-level residential or commercial space, or pursuing an entirely new development concept, subject to Town approval. Covered porches provide beautiful mountain scenery, while potential upper levels could capture spectacular San Juan Mountain views. An additional separate building lot to the west is included, creating opportunities for further development, expanded parking, or potential resale. With its strategic downtown location, versatile zoning, and proximity to Ouray, Telluride, and Montrose, this property presents an exceptional opportunity for entrepreneurs, investors, developers, and businesses serving Southwest Colorado. Own a prime piece of downtown Ridgway commercial real estate and bring your vision to life!

631 Sherman St, Ridgway

Tbd Railroad/Hyde St, Ridgway
$1,400,000
832043 MLS
Premier Development Opportunity – Ideal for Multifamily or Mixed-Use in Ridgway Positioned in a highly desirable location, this 4.468-acre parcel—currently zoned Historic Business—offers exceptional potential for investors and developers seeking a multifamily or mixed-use project. With strong demand for housing and thoughtfully planned development in the area, this property presents a compelling opportunity to bring a new residential or integrated live/work concept to market. Formerly planned as the Alpenglow Cohousing community, the site has already benefited from preliminary planning efforts. Development density and allowable uses will be determined in collaboration with the Town of Ridgway Planning Department, based on the buyer’s vision and formal proposal—allowing flexibility to maximize the site’s potential. The Cohousing development group decided to not move forward with their project as many of their members found it to no longer be feasible for the project. Valuable data and materials compiled during the previous development process will be made available during the due diligence period, offering meaningful insights and potential cost and time savings for future planning. An outstanding opportunity for developers looking to create a distinctive multifamily, workforce housing, or mixed-use project in one of Western Colorado’s most sought-after communities.

Tbd Railroad/Hyde St, Ridgway

612 Charles St, Ridgway
$1,350,000
3 Beds ⋅ 3 Baths ⋅ 837663 MLS
TO BE BUILT, expected completion Fall 2026. RidgSix is a modern collection of six newly constructed townhomes in the heart of Ridgway, designed for contemporary mountain living with clean architectural lines, open living spaces, high-performance SIP construction, enhanced sound separation between residences, and no HOA. Thoughtfully designed for both full-time living and lock-and-leave convenience, 612 Charles Street features multiple outdoor spaces, a private garage, and modern mountain functionality. Ideally located steps from Ridgway's vibrant downtown, Ridgway State Park, Telluride, Ouray, and Montrose Regional Airport. Some photos of this listing may include virtually staged amenities, furniture or fixtures.

612 Charles St, Ridgway

812 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

590 Palomino Trl, Ridgway
$1,300,000
3 Beds ⋅ 3 Baths ⋅ 838811 MLS
This F2-zoned mixed-use building with residence just off Highway 550in Ridgway is a smart setup for an owner-operator or investor. You can live upstairs and rent out the two ground-floor commercial units to easily offset your mortgage. The property stands out with impressive metal work inside and out. The exterior features durable metal siding designed for the mountain elements, while the interior commercial space is framed by heavy-duty steel beam construction anchored to an over-thickened concrete slab. The upper level features a spacious 1,404-square-foot, 3-bedroom, 1-bathroom apartment. Incredible views of Mt. Sneffels and the Cimarron Range. Downstairs, the fire safety infrastructure is top tier. It utilizes a freeze-proof dry sprinkler system fed by a 4-inch pipe and thrust block, guaranteeing instant water delivery with zero winter freezing risks. Complete with 14 dedicated parking spots, this property is a highly capable and turnkey setup ready for its next owner.

590 Palomino Trl, Ridgway

281 Stormy Trl Unit West parcel, Montrose
$1,300,000
5 Beds ⋅ 6 Baths ⋅ 838337 MLS
COUNTRY LIVING A IT'S BEST!!/Great Hobby Farm!/located North Loghill Mesa-west of Colona off CR 22; 40 acres parcel /2 story Main Home (stick built) +Mfg home+ 4 car garage/workshop -Tri-county water/ CR 22 year round access/ VIEWS to: Grand Mesa/Strom King/ Cimarrons/San Juans/Montrose Valley/2 HOMES totaling 3004 SF/( Total 5 beds-total 4 Baths )/MAIN HOME is 2 story 2352 SF stick built wood frame/wood siding/ metal roof with 2 story floor to ceiling "prow style windows" for Mountain views/wrap around redwood viewing deck +2 car attached garage/workshop. 3 bedrooms on 2nd floor-Main bedroom has his and hers bathrooms w/south facing viewing deck + office/ 2 remaining bedrooms with shared bath & laundry room on 2nd floor /MFG HOME (starting at pic 31-41) is 24 X 48 -1 story wood sided -metal roof/ with 2 beds 1 bath (has long rental history)/ DETACHED 4 CAR GARAGE/(storage/workshop) is 1152 SF wood frame with metal roof. MAIN HOUSE (40 acres) GROUNDS: bordered on the N by BLM with access to Horse Fly Canyon to the west/seasonal ponds & creeks/grounds partially cleared with meadows/ TREES: Ponderosa Pines/Blue Spruce/Australian Pine/Aspens/Fir/Lilac bushes/Crab apple tree. Large fenced flower garden area (tulips/daffodils/trees) w/sprinklers /water fall feature by walkway to house/fenced in vegetable garden by MFG house/fenced in chicken yard/dog house Easterly 40 acres: sage & juniper trees/ meadows LOCATION: N Loghill W of Colona (Hwy 550 & CR 1) off of CR 22 (20 minutes to Montrose-airport - medical - shopping/20 minutes to Ridgway/30 to Ouray/ 1hr 15 min to Telluride and skiing)

281 Stormy Trl Unit West parcel, Montrose

590 Palomino Trl, Ridgway
$1,300,000
838330 MLS
This F2-zoned mixed-use building with residence just off Highway 550in Ridgway is a smart setup for an owner-operator or investor. You can live upstairs and rent out the two ground-floor commercial units to easily offset your mortgage. The property stands out with impressive metal work inside and out. The exterior features durable metal siding designed for the mountain elements, while the interior commercial space is framed by heavy-duty steel beam construction anchored to an over-thickened concrete slab. The upper level features a spacious 1,404-square-foot, 3-bedroom, 1-bathroom apartment. Incredible views of Mt. Sneffels and the Cimarron Range. Downstairs, the fire safety infrastructure is top tier. It utilizes a freeze-proof dry sprinkler system fed by a 4-inch pipe and thrust block, guaranteeing instant water delivery with zero winter freezing risks. Complete with 14 dedicated parking spots, this property is a highly capable and turnkey setup ready for its next owner.

590 Palomino Trl, Ridgway

412 S Badger Trl, Ridgway
$1,299,900
2 Beds ⋅ 3 Baths ⋅ 830366 MLS
UNMATCHED VALUE! Opportunity knocks at the Divide Ranch & Club. This architectural masterpiece boasts 3,453 square feet of high-end, custom living space in this turn-key mountain contemporary home located on the golf course. Set on a private, wooded .92-acre lot with easy access to Tee Box No. 2, the home captures bucolic golf course views, visiting wildlife, and mountain peaks through pine trees from floor-to-ceiling picture windows and a spacious back deck nestled in the woods. The recently re-stained all-cedar exterior and welcoming entry lead to a low-maintenance interior with stained concrete floors and walls, a split floor plan, and dramatic 21-foot vaulted tongue-and-groove cedar ceilings. The grand living room features a gas log fireplace, built-ins, and seamless flow to a chef’s kitchen with Caesarstone countertops, top-line appliances, pantry, stainless steel breakfast bar, and generous dining area. The primary suite includes deck access and a loft office reached by a metal spiral staircase. A media room with theater seating, second bedroom, bath, and fitness/flex room complete the home. The oversized detached two-car garage provides plenty of room for vehicles and all the essential Colorado “toys” (bikes, kayaks, etc.). Surrounded by the San Juan Mountains, Divide Ranch & Club offers challenging golf, spectacular scenery, snow shoeing and cross country skiing in the winter, and convenient access to Ridgway, Ouray, Telluride, and Montrose. The sellers have aggressively repositioned the price to $1,299,900, leaving massive financial "meat on the bone" for the next owner. This price point represents an undeniable bargain for this scale of luxury.

412 S Badger Trl, Ridgway

250 Sue Bob Ct, Montrose
$1,299,000
4 Beds ⋅ 4 Baths ⋅ 834443 MLS
360-degree must see views surround this 40-acre parcel, with a 3,402 sq. ft. home that is located just off a county road via a private drive. The home is situated to capture breathtaking views of the Cimarron and Sneffels mountain ranges and Horsefly Peak to the west. This home has 4-bedrooms, 3.5-bathrooms, office, a workout room and three separate attached garages that total 1400 sq. ft. plus a 24' X 28' detached garage/shop. The home's kitchen has new quartz countertops, new laminate flooring, and there is also an efficient wood stove capable of heating the entire home. The open-concept kitchen and living area seamlessly blend comfort with outstanding views from your kitchen and dining area. The home has an expansive three-quarter wrap-around deck with panoramic views. The deck also has new stainless steel cable railing and a hot tub hookup. This deck area makes for a perfect place for outdoor dining or relaxing under the stars. The upper level includes 3 bedrooms and 2 bathrooms, and laundry room. The large primary suite has a generous walk-in closet and a spacious newly updated bathroom. Every upstairs room enjoys striking views in all directions including the Grand Mesa to the North. The lower level includes an additional comfortable bedroom and full bathroom, ideal for guests. Car enthusiasts and hobbyists will appreciate the extensive garage space: Three attached one-car garages, each with individual doors. One features a 10x8 door and loft storage accessed off of the kitchen area, another is the drive-in 618 sq. ft. basement area with a 10x8 door with its own propane heater and stand-up air compressor, and the third attached garage has a 9x7 door at the back of the house. There is an additional storage area here also. A detached two-car shop/garage includes a concrete floor and two 10x9 garage doors. The property's outdoor amenities are just as impressive. A 5.2-mile trail winds through the acreage, offering opportunities for hiking, biking, or cross-country skiing. Two ponds, fed by spring runoff and rain, attract abundant wildlife year-round, supplemented by a nearby water tank when dry conditions prevail. This remarkable property offers a rare blend 360-degree outstanding views, outdoor adventure, and serene privacy — truly a mountain retreat to call home!

250 Sue Bob Ct, Montrose

87 Which Way, Ridgway
$1,295,000
3 Beds ⋅ 3 Baths ⋅ 839503 MLS
Set beneath towering pines with commanding views of Mt. Sneffels, this distinctive high-country home captures the beauty and quiet of Colorado living. Expansive windows frame the surrounding landscape, while warm wood details and generous outdoor spaces create an easy connection between the home and its natural setting. Multiple decks invite morning coffee, evening gatherings, and year-round enjoyment of the forest, valley, and mountain views, with thoughtful landscaping adding seasonal color throughout the property. Located within a gated subdivision with private National Forest access, recreation begins just beyond the neighborhood, offering endless opportunities to hike, explore, and enjoy the outdoors. An insulated workshop provides valuable additional space for vehicles, equipment, hobbies, or storage. Private, peaceful, and rich with character, this is a true Colorado retreat for those seeking remarkable scenery, room to breathe, and the mountain lifestyle at its best.

87 Which Way, Ridgway

819 Pine Dr, Ridgway
$1,295,000
3 Beds ⋅ 3 Baths ⋅ 836478 MLS
Check out the other listings in Ouray county at this price point with this square footage, 3 bedrooms, 3 bathrooms, 3+ car garage, with this amount of acreage, prior to viewing this one - you'll quickly discover why! This custom built home sits on 2.89 acres with amazing views of the Cimmarons from the main floor. Access to the property is totally on paved roads along with an asphalt driveway. The exterior of the home has a large fenced in area on the north side with beautiful flowers and gardening areas. Inside the fenced-in area is a great covered patio which will keep you out of the intense sun and allow you to grill without getting wet if it's raining/snowing. There is also a large deck on the east and south side of the house to take in those amazing Cimmaron views - especially at sunset. The exterior of the home has fiber cement siding for low maintenance and fire protection. Finally, for the exterior is the 816 sq. ft. detached garage which is setup for 3 car spaces and a work area. The wall in the work area could easily be removed to make it a 4 car garage! There is also a 2nd story on the garage with a separate entrance which allows for tons of storage or whatever you can think of. Moving to the interior of the home - There is a true chef's kitchen with a prep island and sink. There are also numerous cabinets, quartz counters, newer top of the line stainless steel appliances including a built-in warming drawer, two refrigerators, Bosch dishwasher, Fisher & Paykel wall oven, Fisher & Paykel five burner gas cooktop, and new faucets. Just off the kitchen is a separate formal dining area with those amazing views and direct access to the deck and living room. The living room has 12 foot ceilings, a floor to ceiling stone fireplace, and the views. The main floor also has the primary bedroom with 10 ft. coffered ceilings, a 5-piece bath, jetted tub, sweeping views, and dual walk-in closets. Finally on the main floor is a large office/study area and a full bath just across the hall. The lower level of the home has a large family room with a wet bar, fridge, and microwave, game table area, and a large screen TV area with a media closet behind it. You will also find a private guest suite with it's own 3/4 bath. There is also one additional bedroom on the lower level. Finally, there is a large space currently used as a fitness room and hot tub area as well as a wine cellar/closet. Some other notable items about this property: whole home water filter system, fiber optic internet, main floor gas forced air heat with humidifier and electronic air cleaner, lower level in-floor radiant heat, high-end low maintenance laminate flooring, and a gas fireplace on each level. The owners had the septic pumped in Sept 2025 and everything was functioning properly. Radon was tested Aug. 2025 and came in at 2.4. broker can provide receipt and results if requested. Utility bills for past year posted in MLS docs. NOTE: some furnishings are available for purchase - contact broker for details. There is a 3D virtual tour for this property - if you are viewing this listing on a website that does not provide it, contact broker directly and he will email you a link.

819 Pine Dr, Ridgway

1274 Aspen Dr, Ridgway
$1,274,000
2 Beds ⋅ 3 Baths ⋅ 836694 MLS
Welcome to 1274 Aspen Drive, a custom-built Santa Fe–style adobe home offering sweeping alpine views and energy efficiency on a private, forested 8.68-acre lot set high above the main access road in Elk Meadows. Classic New Mexico adobe brick construction lends a warm, pleasing ambiance while providing natural thermal mass keeping the home cool in summer and warm through winter. With two bedrooms, a loft, an open kitchen with breakfast bar, a passive solar sunroom, and a spacious open living and dining area, this charming home offers flexible options for a variety of lifestyles. The 2-car garage is currently configured with an office/flex space. Additional features include: a curved-wall floor plan with arched doorways; Saltillo tile floors with original patterns throughout the main level; custom oak interior doors and cabinetry; hand-troweled plaster walls; colorful Mexican tile countertops; two large wood-burning kiva fireplaces; partial furnishings of quality furniture and unique Southwestern artwork; open-beam ceilings with pine detailing in the living room; peeled-log vigas and pine ceilings; a deck off the primary suite with sweeping views; sun-tracking solar panels; and in-floor radiant heat. Spend your evenings on the deck or rooftop watching herds of elk pass by and the alpenglow light up the sunset, or gather with family around the courtyard's outdoor fireplace. All of this just minutes away from Miller Mesa Trail, Top of the Pines & National Forest. This is one distinctive property worth a look.

1274 Aspen Dr, Ridgway

302 Queen St, Ouray
$1,249,000
3 Beds ⋅ 3 Baths ⋅ 822940 MLS
Nestled in the heart of Ouray on a large private lot with stunning views, this modern, warm, and cozy setting invites you to unwind and feel at home. The open floor plan seamlessly integrates indoor and outdoor living, allowing natural light to flood the space, highlighting the rich textures and contemporary design. Imagine sipping your morning coffee on the balcony, gazing out at breathtaking views or enjoying a quiet evening of serenity. The fully equipped kitchen, adorned with sleek appliances and ample storage, is a culinary enthusiast's dream. A bonus craft room/kitchen on the lower level allows for an additional living quarter. Generous sized bedrooms suited for king sized furniture. A portion of the home is warmed by in floor radiant heated tile floors. Detached oversized 2 car garage currently a wood shop with 220-amp service and a bear proof chicken coop or storage as needed. Additional log storage building and a partially fenced yard with a gate entranced drive. Truly an inviting home.

302 Queen St, Ouray

510 2nd Ave, Ouray
$1,247,000
4 Beds ⋅ 3 Baths ⋅ 838175 MLS
Perched above Ski Hill in the heart of Ouray, this exceptional mountain residence is an entertainer’s dream, thoughtfully designed to capture sweeping 360-degree views from an oversized, sun-filled lot. Multiple outdoor living spaces and expansive decks create the perfect setting for relaxing or hosting guests while surrounded by the dramatic San Juan peaks. From nearly every vantage point, you’ll enjoy commanding views overlooking the valley, along with iconic sights of the Amphitheater and the Twin Peaks rising above town. Inside, the home offers four spacious bedrooms and three bathrooms, providing plenty of room for family and visitors, while a private lower-level apartment adds flexibility for rental income or additional guest space. With abundant storage throughout and breathtaking mountain views framed by nearly every window, this is a truly one-of-a-kind Ouray retreat.

510 2nd Ave, Ouray

79 E Cedar Ln, Ridgway
$1,245,000
3 Beds ⋅ 4 Baths ⋅ 836773 MLS
A timeless expression of mountain modern design, this custom-crafted residence offers an exceptional blend of architectural character, refined comfort, and breathtaking alpine scenery. Nestled on nearly two private acres within the coveted Loghill Village community, the home captures sweeping views of the San Juan and Cimarron Mountains while providing an unmatched sense of privacy just minutes from Ridgway, Ouray, Telluride, and Montrose. Designed with intention and built to endure, every detail reflects exceptional craftsmanship. Warm natural wood finishes, soaring ceilings, expansive windows, and thoughtfully curated materials create an inviting mountain contemporary aesthetic. The heart of the home is an open-concept living space anchored by a striking reclaimed brick accent wall in the kitchen and a classic wood-burning stove, creating an atmosphere that is both sophisticated and welcoming. Radiant in-floor heat provides year-round comfort, while reclaimed structural steel beams salvaged from a historic barge add a distinctive architectural element that tells a story all its own. The seamless connection between indoor and outdoor living makes this home equally suited for entertaining or quiet evenings surrounded by nature. Beautifully landscaped grounds feature expansive patios, a custom water feature, a gas fire pit, raised garden beds, and two greenhouses, creating an idyllic mountain retreat where every season can be enjoyed. The oversized attached garage offers even greater versatility with a separate studio loft complete with a kitchenette and full bathroom. An exceptional opportunity to put your own finishing touches to create a fully self-contained guest suite, caretaker's residence, private office, or income-producing rental. Whether enjoying coffee as the first light illuminates the San Juans or gathering around the fire beneath a canopy of stars, this property offers an extraordinary lifestyle defined by craftsmanship, comfort, and connection to the surrounding landscape. Rarely does a home combine timeless design, exceptional quality, and such a spectacular setting in one of Southwest Colorado's most sought-after mountain communities.

79 E Cedar Ln, Ridgway

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