$389,000
$10K PRICE DROP

1512 Oak St Ouray, CO 81427

Estimated payment $2,493/month

Total Views 12,653
0.28 Acre
$1,389,286 Price per Acre
12,197 Sq Ft Lot

About This Lot

Prime investment opportunity in the stunning town of Ouray! This exceptional multifamily lot (Lot B) offers the potential to build three units on a desirable river-view lot. Ideally located near the Uncompahgre River Walk trail system, you'll enjoy breathtaking views of the Ouray valley floor and convenient access to town. The City of Ouray owns the parcel between this lot and the river, making for great access to the river. The West Gold Hill Dinosaur Trackway is located just above, and public land adjoins the HOA common area. Sewer, water, gas, and new fiber for internet are all at the curb line in front and there is an electric transformer on the lot. Don’t miss this chance to create a fantastic investment or living space—be sure to review the covenants for details!

Listing Agent

Doug Phillips

Norris-Phillips Real Estate, LLC Listed on: 02/21/2025

Co-Listing Agent

Mandy Norris-Snell

Norris-Phillips Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,898

Lot Details

  • 0.28 Acre Lot
  • Split Rail Fence

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Schools

  • Ouray K-6 Elementary School
  • Ouray 7-8 Middle School
  • Ouray Senior 9-12 High School

Community Details

  • Bearcreek Ouray Association

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 451725109003

Property Details

Property Type

Land

Est. Annual Taxes

$3,898

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: Land
  • Em Holder: Title Co
  • Legal Lot Block: SUBD: BEARCREEK OURAY PUD REPLAT OF LOTS 1 & 2 BEARCREEK OURAY SUBD LOT: B TOGETHER WITH THE APPURTENANT 30% INTEREST IN THE GENERAL COMMON ELEMENTS S: 25 T: 44 R: 8
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 451725109003
  • Street Descriptionaccess: Gravel
  • Street Designation: Street
  • Tax Account Id: R005808
  • HOA Fee Frequency: Annually
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.28
  • Em Deposit: 5,000.00
  • Mineral Rights: Unknown
  • Price Acre: 1389285.71
  • Price per Sq Ft: 31.89
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 3897.76
  • Prop Description Remarks: Prime investment opportunity in the stunning town of Ouray! This exceptional multifamily lot (Lot B) offers the potential to build three units on a desirable river-view lot. Ideally located near the Uncompahgre River Walk trail system, you'll enjoy breathtaking views of the Ouray valley floor and convenient access to town. The City of Ouray owns the parcel between this lot and the river, making for great access to the river. The West Gold Hill Dinosaur Trackway is located just above, and public land adjoins the HOA common area. Sewer, water, gas, and new fiber for internet are all at the curb line in front and there is an electric transformer on the lot. Don’t miss this chance to create a fantastic investment or living space—be sure to review the covenants for details!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Split Rail
  • Views: Mountains, Valley, Stream/River

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: City Of Ouray

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 450
  • Hoa Name: BearCreek Ouray Association

Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray Senior 9-12
  • High School: Ouray Senior 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,898 $62,780 $62,780 $0
2023 $3,898 $62,780 $62,780 $0
2022 $1,891 $30,280 $30,280 $0
2021 $1,878 $30,280 $30,280 $0
2020 $1,150 $18,720 $18,720 $0
2019 $1,150 $18,720 $18,720 $0
2018 $1,165 $18,520 $18,520 $0
2017 $1,155 $18,520 $18,520 $0
2016 $845 $14,790 $14,790 $0
2015 -- $14,790 $14,790 $0
2012 -- $13,970 $13,970 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $389,000 -2.5% --
02/21/2025 02/21/25 For Sale $399,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 821373

Colorado Real Estate Network (CREN)

APN: R005808