NOT LISTED FOR SALE

1241 Thoroughbred Rd Durango, CO 81303

Estimated Value: $1,301,000 - $1,355,000

5 Beds
4.5 Baths
5,767 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $1,275,000 $221 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,420/month

109 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Indoor Spa
  • Solar Power System
  • Durango High School Rated A-
  • RV or Boat Parking
  • 35 Acre Lot

About This Home

As of December 2024

Welcome to 1241 Thoroughbred Road, a stunningly preserved ranch in southwest Colorado. Located in the Florida River Ranch just south of Durango, this 35-acre property features two beautiful homes discretely nestled in the private hillside. The luxurious main home and charming guest house both showcase meticulous attention to detail, high end finishes and the implementation of energy efficient construction methodologies and a PV Solar system that keeps wintertime heating affordable and summertime cooling just as efficient. The main house is large enough to house most families and the guest house can house your guest, caretakers, visitors or serve as a tremendous rental income option for long term tenants or extended stay traveling nurses. See Covenants for details. Situated upon a rim lot overlooking the Florida River Valley, the homes provide wide spanning views of the valley and river below and the cliffs behind, surrounded by unique boulders that create a quintessential Southwest Colorado dreamscape. The homes blend seamlessly with their surroundings, offering unparalleled privacy. The current owners purchased this beautiful home in November 2016, drawn by its custom craftsmanship and fine finishes and high quality construction. The main house features a mantel made from a log on the property, large custom doors, intricate ironwork on the fireplace, walkways, and signage. The kitchen is a chef's dream, equipped with an imported Aga stove, custom tiles with a water oak pattern matching the ironwork, a separate pantry with an extra freezer, and custom light fixtures. The natural brick, wood, and tile flooring throughout the house adds to its charm. Every room on the main floor has access to outdoor patios and plenty of natural light, enhancing the indoor-outdoor living experience. The living room, with its vaulted ceilings, is centered around an imported Rumford fireplace, renowned for its efficient heat and ambiance. The built-in indoor/outdoor sound system makes it perfect for entertaining. The master bedroom is bathed in natural light from numerous windows, offering an inviting outdoor feel. The master bath includes a soaking tub, separate shower, and an expansive walk-in closet. There is a large hobby room (or 3rd main level bedroom) with a private patio and an outdoor hot tub. The main house also has two more bedrooms and two full bathrooms, providing ample space for family and guests. A large 2-car garage is attached, and each room in the home offers outdoor access to enjoy the renowned Colorado nature. Solar panels on the southern-facing roof and central air conditioning in both homes ensure energy efficiency and comfort. The 1,000+ sq ft guest home, complete with a heated 2-car garage/shop and adjoining carport, adds tremendous function. This space features a brick walking path, brick patio, two bedrooms, two bathrooms, a full kitchen with granite countertops, and an imported Aga range/oven. Like the main home, it also includes a built-in indoor/outdoor sound system. The current owners often enjoyed sunsets from the hot tub, sunsets from the swing along the rim and hikes on the ridges behind the house, where they viewed wildlife, including elk, deer, jackrabbits, foxes, coyotes, bears, bobcats, and a variety of birds. Located just south of Durango, Colorado, the property is conveniently close to world-class skiing at Purgatory Ski Resort (43 miles) and Hesperus Ski Resort (27 miles). Nearby, you’ll find mountain biking and hiking trails, and Navajo Reservoir is just 38 miles away for wakeboarding, fishing, and water skiing. Despite its privacy, the property is only 20 minutes from town and 35 minutes from Farmington, offering the perfect balance of seclusion and accessibility.

Last Agent to Sell the Property

Joe Clair

Keller Williams Realty Southwest Associates, LLC Listed on: 07/17/2024

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Jill Gorman

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 2002

Lot Details

  • 35 Acre Lot
  • Kennel or Dog Run
  • Landscaped
  • Sprinkler System

HOA Fees

  • $55 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • 2-Story Property
  • Architectural Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 5,767 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • 1 Home Office
  • Indoor Spa
  • Crawl Space

Kitchen

  • Oven or Range
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • 1 Carport Space
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Sunnyside K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Water Purifier
  • Septic Tank
  • Septic System
  • Internet Available

Community Details

  • Association fees include trash, snow removal, road maintenance
  • Florida River Ranch HOA
  • Florida River R Subdivision

Listing and Financial Details

  • Assessor Parcel Number 595117401005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,217

Year Built

Built in 2002

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range Top, Refrigerator, Washer, Water Purifier, Freezer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Estimated Total Acres: 35
  • Class: RESIDENTIAL
  • Em Deposit: 50,0000
  • Em Holder: Title Company
  • Exterior Inclusions: RV Hook Up/Pad, Covered Porch, Hot Tub, Landscaping, Lawn Sprinklers, Patio
  • Interior Inclusions: Wood Stove, Window Coverings, Part Furnished, Cathedral Ceiling, Ceiling Fan(s), Granite Counters, Guest Quarters, Pantry, Walk In Closet, Hot Tub, Garage Door Opener, Heated Garage
  • Legal Lot Block: Subdivision: FLORIDA RIVER RANCH Block: 0 Lot: 5 FLORIDA RIVER RANCH #682152 1241 THOROUGHBRED RD DURANGO 81303
  • Lot Dimension: 35 ac
  • Lot Size Acreage: 20-35
  • Parcel Id Number: 595117401005
  • Price Per Sq Ft: 221.09
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 221.09
  • Street Designation: Road
  • Tax Account Id: 5951-174-01-005
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Guest Home
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Total Taxes Dollar: 4217.04
  • Year Built: 2002
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to 1241 Thoroughbred Road, a stunningly preserved ranch in southwest Colorado. Located in the Florida River Ranch just south of Durango, this 35-acre property features two beautiful homes discretely nestled in the private hillside. The luxurious main home and charming guest house both showcase meticulous attention to detail, high end finishes and the implementation of energy efficient construction methodologies and a PV Solar system that keeps wintertime heating affordable and summertime cooling just as efficient. The main house is large enough to house most families and the guest house can house your guest, caretakers, visitors or serve as a tremendous rental income option for long term tenants or extended stay traveling nurses. See Covenants for details. Situated upon a rim lot overlooking the Florida River Valley, the homes provide wide spanning views of the valley and river below and the cliffs behind, surrounded by unique boulders that create a quintessential Southwest Colorado dreamscape. The homes blend seamlessly with their surroundings, offering unparalleled privacy. The current owners purchased this beautiful home in November 2016, drawn by its custom craftsmanship and fine finishes and high quality construction. The main house features a mantel made from a log on the property, large custom doors, intricate ironwork on the fireplace, walkways, and signage. The kitchen is a chef's dream, equipped with an imported Aga stove, custom tiles with a water oak pattern matching the ironwork, a separate pantry with an extra freezer, and custom light fixtures. The natural brick, wood, and tile flooring throughout the house adds to its charm. Every room on the main floor has access to outdoor patios and plenty of natural light, enhancing the indoor-outdoor living experience. The living room, with its vaulted ceilings, is centered around an imported Rumford fireplace, renowned for its efficient heat and ambiance. The built-in indoor/outdoor sound system makes it perfect for entertaining. The master bedroom is bathed in natural light from numerous windows, offering an inviting outdoor feel. The master bath includes a soaking tub, separate shower, and an expansive walk-in closet. There is a large hobby room (or 3rd main level bedroom) with a private patio and an outdoor hot tub. The main house also has two more bedrooms and two full bathrooms, providing ample space for family and guests. A large 2-car garage is attached, and each room in the home offers outdoor access to enjoy the renowned Colorado nature. Solar panels on the southern-facing roof and central air conditioning in both homes ensure energy efficiency and comfort. The 1,000+ sq ft guest home, complete with a heated 2-car garage/shop and adjoining carport, adds tremendous function. This space features a brick walking path, brick patio, two bedrooms, two bathrooms, a full kitchen with granite countertops, and an imported Aga range/oven. Like the main home, it also includes a built-in indoor/outdoor sound system. The current owners often enjoyed sunsets from the hot tub, sunsets from the swing along the rim and hikes on the ridges behind the house, where they viewed wildlife, including elk, deer, jackrabbits, foxes, coyotes, bears, bobcats, and a variety of birds. Located just south of Durango, Colorado, the property is conveniently close to world-class skiing at Purgatory Ski Resort (43 miles) and Hesperus Ski Resort (27 miles). Nearby, you’ll find mountain biking and hiking trails, and Navajo Reservoir is just 38 miles away for wakeboarding, fishing, and water skiing. Despite its privacy, the property is only 20 minutes from town and 35 minutes from Farmington, offering the perfect balance of seclusion and accessibility.
  • Subdv Name: Florida River R
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 5
  • Flooring: Brick, Hardwood
  • Estimated Total Sq Ft: 5767
  • Bathrooms Description: Full, Full, 3/4, 3/4, 1/2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 3
  • Total Bathrooms: 5
  • Family Room: Yes
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Lower Level, Main Level
  • Total Office Den: 1

Exterior Features

  • Windows: Double Pane
  • Exterior Structures: Shed, Workshop, Dog Kennel, Garage, Guest House
  • Roof: Architectural Shingles
  • Views: Mountains, Stream/River, Valley

Garage/Parking

  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 1
  • Garage Capacity: 4

Utilities

  • Utilities: Electric, Propane-Tank Leased, Solar, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Solar, Fireplace, Forced Air
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 215279

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Trash, Snow Removal, Road Maintenance
  • Hoametro Fees: 165
  • HOA Metro Fees Frequency: Quarterly
  • Hoa Name: Florida River Ranch

Schools

  • High School: Durango 9-12

Green Features

  • Green Power: Solar(Photovoltaic)
  • Green Efficient: Appliances, Thermostat/Controllers, Heating, Insulation
  • Green Remarks: Seller has a Photovoltaic Solar System on the home that is being serviced to make operational. Seller cannot confirm operation as of this time.

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Sunnyside K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Dec 2, 2024
Sold by
Mooney Charles L
Bought by
Roberts Karl and Roberts Cynthia
Seller's Agent
Joe Clair
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Jill Gorman
RE/MAX Pinnacle
List Price
$1,495,000
Sold Price
$1,275,000
Premium/Discount to List
-$220,000
-14.72%
Views
159
Current Estimated Value
$1,325,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,096
Avg. Annual Appreciation
3.78%
Original Mortgage
$750,000
Outstanding Balance
$696,918
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$628,178

Purchase Details

Closed on
Jul 31, 2017
Sold by
Mooney Charles L
Bought by
Halfmoon Farm Llc

Purchase Details

Closed on
Nov 18, 2016
Sold by
Blandford David M
Bought by
Mooney Charles L

Purchase Details

Closed on
Apr 26, 2005
Sold by
Blandford David M and Blandford Jane W H
Bought by
Jane W H Blandford Revocable Trust and Blandford Jane W H

Purchase Details

Closed on
Jul 28, 1998
Bought by
Halfmoon Farm Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roberts Karl $1,275,000 Land Title Guarantee
Roberts Karl $1,275,000 Land Title Guarantee
Halfmoon Farm Llc -- None Available
Mooney Charles L $1,190,000 Land Title
Jane W H Blandford Revocable Trust -- None Available
Halfmoon Farm Llc $253,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Karl $750,000
Closed Roberts Karl $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $1,275,000 -1.5% $221 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
08/10/2024 08/10/24 Price Changed $1,295,000 -13.4% $225 / Sq Ft
07/17/2024 07/17/24 For Sale $1,495,000 -- $259 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,808 $89,130 $90 $89,040
2024 $4,217 $84,030 $100 $83,930
2023 $4,217 $87,550 $100 $87,450
2022 $3,182 $90,980 $100 $90,880
2021 $3,213 $64,650 $110 $64,540
2020 $2,810 $58,000 $110 $57,890
2019 $2,280 $58,000 $110 $57,890
2018 $2,303 $58,660 $100 $58,560
2016 $3,385 $88,960 $11,040 $77,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816098

Colorado Real Estate Network (CREN)

APN: R419713