New Construction Homes for Sale in Ouray County, CO

• 

  

  

  /9

  $917,500 Lot/Land

  0 Tbd Clinton St Unit A & B, Ridgway, CO 81432

  • 6,969 Sq Ft
  • $5,734,375 per Acre

  Lot A (3300 sf) and Lot B ( 3836.5sf) comprise a total of 7136.5 sf of highly desirable Historic Business District property in the absolute heart of downtown Ridgway. Historic Clinton Street is home to the Sherbino Theater, popular restaurants, galleries, a brewery, wine bar, coffee shop and more. The Ridgway HB (Historic Business) Zoning District (Section 7-3-9) regulates the town's historic

  

  Tate Rogers

  Rogers Real Estate, LLC

  (970) 972-1266

  0 Tbd Clinton St Unit A & B, Ridgway, CO 81432
• 

  

  

  /9

  $85,000 Lot/Land

  1640 Marmot Dr, Ridgway, CO 81432

  • 16,988 Sq Ft
  • $217,949 per Acre

  This isn't just the best lot in The Divide--it's the one everyone else wishes they'd bought first.Perched on the tee box of a par 3 on the back nine, this homesite does something rare: it gives you both Sneffels and the Cimarrons in one sweeping view. Most properties make you choose. This one doesn't.Here's what makes it different: You're not watching golfers tee off into your backyard. You're

  

  Anne-Britt Østlund

  Mountain Rose Realty

  (970) 545-8218

  1640 Marmot Dr, Ridgway, CO 81432
• 

  

  

  /11

  $65,000 Lot/Land

  TBD S Badger Trail, Ridgway, CO 81432

  • 40,510 Sq Ft
  • $69,892 per Acre

  Nestled among majestic Ponderosa pines, this beautiful, level lot offers just under an acre of peaceful privacy—perfect for your dream home. Located atop scenic Log Hill Mesa, the property enjoys a tranquil setting while still being part of a vibrant community. Take in the breathtaking drive from Ridgway as you ascend to this special place. The Divide Ranch & Club, home to a spectacular 18-hole

  

  Dana Gleason

  Coldwell Banker Distinctive Properties

  (970) 432-8461

  TBD S Badger Trail, Ridgway, CO 81432
• 

  

  

  /8

  $449,000 Lot/Land

  180 Liddell Dr Unit 3R, Ridgway, CO 81432

  • 25,264 Sq Ft
  • $774,138 per Acre

  Over half an acre (25,483sf) in downtown Ridgway zoned commercial. Flat usable lot with all utilities readily available. Great views of the mountains and river.

  

  Tate Rogers

  Rogers Real Estate, LLC

  (970) 340-8070

  180 Liddell Dr Unit 3R, Ridgway, CO 81432
• 

  

  

  /24

  $369,000 Lot/Land

  325 2nd Ave, Ouray, CO 81427

  • 7,405 Sq Ft
  • $2,170,588 per Acre

  

  Jennifer Stein

  Black Canyon Homes

  (970) 592-5050

  325 2nd Ave, Ouray, CO 81427
• 

  

  /36

  $435,000 Lot/Land

  6101 County Road 1, Montrose, CO 81403

  • 14.51 Acres
  • $29,979 per Acre

  Discover 14.5 acres of peaceful mountain property located on Log Hill in desirable Ouray County. This beautiful, private parcel is fully fenced and surrounded by mature pinion and juniper trees, offering an ideal setting to build your dream home. The developed area of the property includes a fifth-wheel camper that is set up and ready for comfortable living while you build. Several additional

  

  Dana Gleason

  Coldwell Banker Distinctive Properties

  (970) 459-5976

  6101 County Road 1, Montrose, CO 81403
• 

  

  /9

  $917,500 Lot/Land

  Lot A & B Clinton St, Ridgway, CO 81432

  • 7,100 Sq Ft
  • $5,628,834 per Acre

  Lot A (3300 sf) and Lot B ( 3836.5sf) comprise a total of 7136.5 sf of highly desirable Historic Business District property in the absolute heart of downtown Ridgway. Historic Clinton Street is home to the Sherbino Theater, popular restaurants, galleries, a brewery, wine bar, coffee shop and more. The Ridgway HB (Historic Business) Zoning District (Section 7-3-9) regulates the town's historic

  

  Tate Rogers

  Rogers Real Estate Group, LLC

  (970) 660-3267

  Lot A & B Clinton St, Ridgway, CO 81432
• 

  

  /9

  $849,000 Lot/Land

  TBD County Road 23, Ridgway, CO 81432

  • 17.09 Acres
  • $49,678 per Acre

  One-of-a-kind riverfront property on the Uncompahgre River. Truly a rare opportunity to own approximately 17 acres where “a river runs alongside it.” This exceptional parcel offers multiple potential building sites, each with its own unique setting—some capturing expansive mountain views, others nestled at lower elevations among mature trees, native vegetation, and the natural beauty of the

  

  Beckie Pendergrass

  Keller Williams Realty Southwest Associates, LLC - Montrose

  (970) 528-5596

  TBD County Road 23, Ridgway, CO 81432
• 

  

  /4

  $1,900,000 Lot/Land

  TBD Railroad Hyde St, Ridgway, CO 81427

  • 4.47 Acres
  • $425,246 per Acre

  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

  

  Beckie Pendergrass

  Keller Williams Realty Southwest Associates, LLC - Montrose

  (970) 661-8183

  TBD Railroad Hyde St, Ridgway, CO 81427
• 

  

  /3

  $1,350,000 Lot/Land

  TBD (2 lots) 6th St, Ouray, CO 81427

  • 1.83 Acres
  • $737,705 per Acre

  

  Beckie Pendergrass

  Keller Williams Realty Southwest Associates, LLC - Montrose

  (970) 638-8523

  TBD (2 lots) 6th St, Ouray, CO 81427
• 

  

  /8

  $449,000 Lot/Land

  180 Liddell Dr, Ridgway, CO 81432

  • 25,482 Sq Ft
  • $767,521 per Acre

  Over half an acre (25,483sf) in downtown Ridgway zoned commercial. Flat usable lot with all utilities readily available. Great views of the mountains and river.

  

  Tate Rogers

  Rogers Real Estate Group, LLC

  (970) 649-4751

  180 Liddell Dr, Ridgway, CO 81432
• 

  

  /19

  $450,000 Lot/Land

  tbd 6th St, Ouray, CO 81427

  • 6,969 Sq Ft
  • $2,812,500 per Acre

  What a fantastic building lot on the upper east side of Ouray. There is no chance of flood, avalanche or rockfall from this elevated location. Dubbed the sunny side of Ouray, this lot is zoned R-1 which is a 30 day or more rental zone. A true plus for this zone is your neighbors don't change every few days like the R-2 zone which allows short term rentals. The elevation creates better views and

  

  Peggy Lindsey

  Ouray Real Estate Corporation

  (970) 465-9199

  tbd 6th St, Ouray, CO 81427
• 

  

  /30

  $790,000 Lot/Land

  744 Larsen Dr, Montrose, CO 81403

  • 160 Acres
  • $4,938 per Acre

  Rare opportunity to own a large tract of land on Horsefly. Hard work already done. Gravel driveway leads you back to the cleared homesite. 40x60 (2400 Sqft) red iron shop with 15 foot sidewalls complete with 20 foot awning that covers the 42' long fifth wheel camper. There is a permitted engineered and completed septic designed for a 3 bed home. Permitted well is in place with pump. Solar with

  

  Dana Gleason

  Coldwell Banker Distinctive Properties

  (970) 550-2612

  744 Larsen Dr, Montrose, CO 81403
• 

  

  /22

  $780,000 Condo Unit

  199 River Ln Unit 201, Ridgway, CO 81432

  • 3 Beds
  • 2 Baths
  • 1,245 Sq Ft

  New Construction! This is an upper level three bedroom with vaulted ceilings and outstanding views. 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. Take advantage of early pricing in this

  John Burchmore LIV Sotheby's International Realty - Telluride

  199 River Ln Unit 201, Ridgway, CO 81432
• 

  

  /5

  $595,000 Custom Home

  244 Redcliff Dr, Ridgway, CO 81432

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  A well designed cottage community. This house is well planned with lots of light. Bio fuel fireplace and mini split heat/cooling systems. The porch has mountain views. Very people and dog friendly. Clubhouse for HOA events and gatherings. Assigned parking per bedroom. Assigned 6'x8'x8' storage units. Bike or walk to the center of Ridgway town. Shopping,restaurants,galleries and Friday farmer's

  Karen McCarthy Coldwell Banker Distinctive Properties

  244 Redcliff Dr, Ridgway, CO 81432
• 

  

  /36

  $1,100,000 Condo Unit

  185 Riverfront Ln Unit D1 B, Ridgway, CO 81432

  • 3 Beds
  • 2.5 Baths
  • 1,885 Sq Ft

  Three Duplexes left on the River. Placed in an ideal location along the banks of the Uncompahgre River, Riverfront Village offers the only riverfront residences in the town of Ridgway. Open space across the river brings privacy and tranquility to residents. These mountain modern condominiums and duplexes range from 2 to 3 bedrooms and include 2-car garages. They also boast alpenglow vistas to the

  Rick Fusting LIV Sotheby's International Realty - Telluride

  185 Riverfront Ln Unit D1 B, Ridgway, CO 81432
• 

  

  /30

  $639,000 Condo Unit

  154 Alpine Ln Unit 200, Ridgway, CO 81432

  • 2 Beds
  • 2 Baths
  • 1,093 Sq Ft

  Newly completed Fall of '25. 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. This unit has Box Canyon views into Ouray, a two-plus car garage, Air Conditioning, south south-facing deck, only

  John Burchmore LIV Sotheby's International Realty - Telluride

  154 Alpine Ln Unit 200, Ridgway, CO 81432
• 

  

  /24

  $729,000 Condo Unit

  174 Alpine Ln Unit 300, Ridgway, CO 81432

  • 2 Beds
  • 2 Baths
  • 1,097 Sq Ft

  Third Floor Penthouse unit with vaulted ceilings. Only three two-bedroom units are on the top floor of M2 Building. This unit has huge direct Box Canyon views into Ouray, a two-plus car garage, air conditioning, south south-facing deck, and only one shared wall. Perfectly situated as the only Ridgway residential project on the Uncompahgre River, Riverfront Village offers quick highway access to

  Rick Fusting LIV Sotheby's International Realty - Telluride

  174 Alpine Ln Unit 300, Ridgway, CO 81432
• 

  

  /38

  $660,000 Custom Home

  228 Redcliff Dr, Ridgway, CO 81432

  • 2 Beds
  • 2 Baths
  • 854 Sq Ft

  Come see this brand-new 2-bedroom, 2-bath home that is thoughtfully designed for modern mountain living. Enjoy sweeping mountain views from both the front porch and the back deck — perfect for morning coffee or evening sunsets. The owner has upgraded the finishes throughout, adding a custom touch to the final design. The Vista Park Commons community is built around connection and comfort,

  Brittany Hinde Telluride Properties LLC

  228 Redcliff Dr, Ridgway, CO 81432
• 

  

  /28

  $575,000 Condo Unit

  199 Riverfront Ln Unit 200, Ridgway, CO 81432

  • 1 Bed
  • 1 Bath
  • 829 Sq Ft

  Discover modern mountain living in this stunning one-bedroom, one-bath condo located on the banks of the Uncompahgre River. Featuring state-of-the-art construction and contemporary design, this residence offers an abundance of natural light through expansive, high-end windows that frame spectacular views of the Sneffels Range and Cimarron Ridge. The thoughtfully designed floor plan includes an

  Quay Reinert Ridgway Real Estate

  199 Riverfront Ln Unit 200, Ridgway, CO 81432
• 

  

  /16

  $1,799,000 Condo Unit

  185 N Lena St Unit CONDO "E", Ridgway, CO 81432

  • 3 Beds
  • 2 Baths
  • 2,026 Sq Ft

  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

  Colleen Aller Keller Williams Realty Southwest Associates, LLC - Montrose

  185 N Lena St Unit CONDO "E", Ridgway, CO 81432
• 

  

  /17

  $1,490,000 Custom Home

  185 N Lena St Unit CONDO "D", Ridgway, CO 81432

  • 3 Beds
  • 4 Baths
  • 3,424 Sq Ft

  Colleen Aller Keller Williams Realty Southwest Associates, LLC - Montrose

  185 N Lena St Unit CONDO "D", Ridgway, CO 81432
• 

  

  /4

  $399,000 Condo Unit

  205 Jasper Ln Unit 203, Ridgway, CO 81432

  • 2 Beds
  • 2 Baths
  • 885 Sq Ft

  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

  John Burchmore LIV Sotheby's International Realty - Telluride

  205 Jasper Ln Unit 203, Ridgway, CO 81432
• 

  

  /4

  $446,000 Custom Home

  248 Redcliff Dr, Ridgway, CO 81432

  • 1 Bed
  • 1 Bath
  • 576 Sq Ft

  Very well designed cottage community. These are single family homes with the benefit of an HOA.This home is brand new and complete. Friendly for dogs and people. Mini split heating/cooling systems. Bio fuel fireplace. Plenty of latitude for your own gardening choices. Stick built on foundation. R 19 Insulation. One assigned parking space and one assigned 6'x8'x8' storage space. Clubhouse has a

  Karen McCarthy Coldwell Banker Distinctive Properties

  248 Redcliff Dr, Ridgway, CO 81432
• 

  

  /34

  $19,900,000 Lot/Land

  97 Elk Walk Rd, Montrose, CO 81403

  • 226 Acres
  • $88,053 per Acre

  Elk Mountain Resort: Private Colorado Mountain Retreat & Hospitality Property Elk Mountain Resort exists because places like this are becoming harder to find. Nearly 226± deeded acres of private mountain ground, surrounded by the vast public lands of the Uncompahgre, Grand Mesa, and Gunnison National Forests, positioned in one of the most sought-after corners of Western Colorado. For decades,

  Seth Craft M4 Ranch Group, LLC

  97 Elk Walk Rd, Montrose, CO 81403
• 

  

  /36

  $498,000 Lot/Land

  1893 Power Line Rd, Montrose, CO 81403

  • 40.31 Acres
  • $12,354 per Acre

  Juniper Sky Ranch: Off-Grid Colorado Mountain Property with Heated Shop & San Juan ViewsJuniper Sky Ranch is a private 40 acre Western Colorado holding defined by open mountain views, year-round access, and practical infrastructure already in place. Set among juniper and pinion with commanding sightlines toward the San Juan Mountains, Cimarrons, and the Grand Mesa, the property offers

  Dan Murphy M4 Ranch Group

  1893 Power Line Rd, Montrose, CO 81403
• 

  

  /17

  $3,950,000 Lot/Land

  Tbd County Rd 4, Ridgway, CO 81432

  • 1,160 Acres
  • $3,405 per Acre

  Perched over the breathtaking Uncompahgre Valley, and peering down on Ridgway Reservoir is the spectacular Burro Creek Ranch. From the ranch’s 1,160-acre expanse, all Western Colorado’s most prominent peaks unfold in an unobstructed corridor- from Sleeping Indian to the Willson’s, and from Mount Sneffels to the Grand Mesa! Looking onto the ranch itself, one will find Burro Creek

  Joseph Burns Eagle Land Brokerage

  Tbd County Rd 4, Ridgway, CO 81432
• 

  

  /44

  $387,500 Lot/Land

  173 Kendall Rd, Ridgway, CO 81432

  • 40 Acres
  • $9,688 per Acre

  Located in the scenic and highly sought after area of Log Hill Mesa just north of the historic cowboy town of Ridgway in southwest Colorado, this 40-acre paradise delivers mountain views, abundant wildlife and immediate access to outdoor adventure. Tap into the already-cleared home site with a well, power and septic in place and build your custom dream home or enjoy weekends at your private

  Phil Phillips Hayden Outdoors Real Estate

  173 Kendall Rd, Ridgway, CO 81432
• 

  

  /25

  $875,000 Lot/Land

  44 Spruce Mountain Trail, Ridgway, CO 81432

  • 76.1 Acres
  • $11,498 per Acre

  Spruce Mountain Ranch: Private Trout Pond & Trophy Hunting in GMU 62 Spruce Mountain Ranch is a 76.1± acre mountain retreat located in one of Colorado’s most scenic and wildlife-rich regions. Situated in Game Management Unit 62, the property offers the perfect balance of accessibility and seclusion—just 45± minutes from the Telluride Regional Airport and about an hour from Montrose Regional

  Payton Craft M4 Ranch Group, LLC

  44 Spruce Mountain Trail, Ridgway, CO 81432
• 

  

  /37

  $1,180,000 Lot/Land

  66 Blue Stem, Ridgway, CO 81432

  • 19.1 Acres
  • $61,780 per Acre

  Discover your dream property in the heart of Ridgway, Colorado! This stunning 2,914-square-foot custom home, among tall Ponderosa Pine trees, built in 2002, was designed with quality, comfort, and sustainability in mind. Constructed with energy-efficient SIP panels, the home features radiant floor heating and a cozy wood-burning stoveperfect for chilly Colorado evenings. Recent upgrades include

  Darrell Boren National Land Realty

  66 Blue Stem, Ridgway, CO 81432
• 

  

  /12

  $3,500,000 Lot/Land

  Tbd Buckhorn Rd, Montrose, CO 81401

  • 636 Acres
  • $5,503 per Acre

  The Onion Creek Ranch, located just outside Montrose Colorado, is a model piece of Colorado real estate. This 636 +/- acre ranch spans the Onion Creek drainage, encompassing pinion-juniper forests, Gambel oak slopes, and quaking aspens. Views, particularly on the upper end, are nothing short of breathtaking; known as wedding point, this portion of the property has been witness to countless

  Joseph Burns Eagle Land Brokerage

  Tbd Buckhorn Rd, Montrose, CO 81401
• 

  

  /25

  $419,000 Lot/Land

  Tbd Elsie, Ridgway, CO 81432

  • 43 Acres
  • $9,744 per Acre

  The Overlook at the San Juans is a 43 acre homesite in Ouray County defined by panoramic views of Mt. Abram, the SanJuan Mountain Range, the Ouray Valley, and the Uncompahgre River corridor below. Located just about 10 minutes fromboth Ridgway and Ouray, this build-ready parcel offers privacy, infrastructure, and freedom with no HOA or covenants anincreasingly rare combination in Southwest

  Dan Murphy M4 Ranch Group

  Tbd Elsie, Ridgway, CO 81432
• 

  

  /34

  $239,000 Lot/Land

  Lot 6 Waterview Ct, Loghill Village, CO 81432

  • 2.79 Acres
  • $85,663 per Acre

  Escape to the beauty and privacy of Lot 6 on Waterview Court — a rare 2.79-acre parcel offering a perfect balance of forested seclusion and stunning potential. This private homesite is surrounded by mature trees and directly borders open space, ensuring added privacy, protection of your views, and an enhanced connection to nature. Enjoy peaceful forest views from your home and capture sweeping

  Jessamy Pressler NextHome Virtual

  Lot 6 Waterview Ct, Loghill Village, CO 81432
• 

  

  /4

  $299,000 Lot/Land

  Lot 16 Hinkson Terrace, Ouray, CO 81427

  • 18,295 Sq Ft
  • $711,905 per Acre

  This raw land could accommodate up to a 3 unit townhouse project similar to the photo, subject to City regulations. Ready to build lot in the resort City of Ouray. All utilities at the lot line electric, phone, internet, gas, water and sewer. Sidewalk, curb and gutter installed. Property backs to National Forest with easy access to the Silver Shield trail. Unique views of old mining structures on

  Marc Hitchcox NextHome Virtual

  Lot 16 Hinkson Terrace, Ouray, CO 81427
• 

  

  /21

  $299,000 Lot/Land

  Lot 4 County Road 22, Montrose, CO 81403

  • 4.1 Acres
  • $72,927 per Acre

  Rare Opportunity to Build Your Dream Home in Ouray County – No bulky HOA Restrictions! If you’ve been searching for the perfect piece of land in Colorado’s high country—free from overwhelming HOA fees and restrictions—this is your chance! Mountain Vistas, a fully approved six-lot subdivision, offering spacious, buildable parcels designed for those who crave adventure, freedom, and breathtaking

  Todd Schroedel United Country Sneffels Realty

  Lot 4 County Road 22, Montrose, CO 81403
• 

  

  /11

  $695,000 Lot/Land

  0 Hunter Pkwy Unit 26-B, Ridgway, CO 81432

  • 38,768 Sq Ft
  • $780,899 per Acre

  Commercial lot in a prime location in Ridgway. .89 acres with incredible views of the mountains. The lot is level and usable.. Zoned General Commercial with multiple possibilities. Ground level views of the San Juans, Cimarrons and Mt. Abrams. Located just east of the light, there is the ability to walk to all of the Town happenings. Water, power and natural gas are to the lot line. The water and

  Cathy Redmond Redmond Realty, LLC

  0 Hunter Pkwy Unit 26-B, Ridgway, CO 81432
• 

  

  /17

  $329,000 Lot/Land

  Lot 2 (TBD) County Road 22b, Montrose, CO 81403

  • 5.06 Acres
  • $65,020 per Acre

  A Rare Mountain Sanctuary – Build Freely with No typical HOA! If you’re dreaming of a quality-crafted mountain home with ample space for outbuildings, pets, and a true connection to nature, this is your chance! Mountain Vistas is Ouray County's Newest Subdivision--it's a six-lot community, offering large, 4-5 acre parcels with breathtaking views, abundant wildlife, and no rigid HOA restrictions.

  Todd Schroedel United Country Sneffels Realty

  Lot 2 (TBD) County Road 22b, Montrose, CO 81403
• 

  

  /5

  $87,000 Lot/Land

  Lot 555 N Badger Trail, Loghill Village, CO 81432

  • 40,075 Sq Ft
  • $94,565 per Acre

  Set at the end of a quiet cul-de-sac within Divide Ranch & Club, this nearly one-acre homesite offers a rare combination of privacy, level topography, and expansive mountain views. Framed by a mature mix of Ponderosa pine, juniper, and pinon, the property captures sweeping vistas of the Sneffels Range and Cimarron Range, creating a striking alpine backdrop in every direction. Paved access and

  Elise Bowles NextHome Virtual

  Lot 555 N Badger Trail, Loghill Village, CO 81432
• 

  

  /24

  $1,850,000 Lot/Land

  TBD Tract 13 County Road 5, Ridgway, CO 81432

  • 35 Acres
  • $52,857 per Acre

  Only ONE tract left! Rocky Mountain High... in Colorado! WOW! View the San Juans and the spectacular Sneffels Mountain from this 35 acre property. Rare opportunity to own property this close to the peaks. The water well has been drilled on site. Electric power and road will be installed to the property line. All are included in the price. Nestle your dream mountain home among the old growth aspen

  Leslie Musselmann Vision Real Estate Investments

  TBD Tract 13 County Road 5, Ridgway, CO 81432
• 

  

  /29

  $259,000 Lot/Land

  Lot 28 Fisher Canyon Dr, Ridgway, CO 81432

  • 4.31 Acres
  • $60,093 per Acre

  The property has recently undergone wildfire mitigation and boasts views of both mountain ranges and still has many large trees and a wooded feel. Multiple building sites allow for any building type.

  Adam Trujillo RE/MAX Cimarron Realty

  Lot 28 Fisher Canyon Dr, Ridgway, CO 81432

Showing Results 1 - 40, Page 1 of 4