1540 Sheep Springs Rd Durango, CO 81301
4
Beds
5
Baths
5,467
Sq Ft
35
Acres
Highlights
- Horses Allowed On Property
- Gated Community
- Mountain View
- Park Elementary School Rated A-
- 35 Acre Lot
- Deck
About This Home
As of February 2025This craftsman-inspired mountain home was the personal residence of the founders of Mantell-Hecathorn Builders, one of the finest custom home builders in the region. Their primary residence was constructed with the exacting standard of quality their company is notorious for, without compromise from foundation to finish. It's little wonder this home was the 2007 First Place People’s Choice Award Luxury Category in the Durango Parade of Homes. The two-story exterior of this home features a combination of old-world stone masonry, timber-framing and cedar shingle siding that sets this home apart. Every room offers panoramic views of the La Platas, Twin Buttes, Bodo Mountains or San Juan Mountains. The 5400+ sq. ft. home includes five bedrooms and five baths (two are half baths), a separate recreation room, enclosed breezeway, plus three viewing decks, 2100 sq.ft. of stone patios, and a three car garage, all on 35 beautiful acres in Durango Ridge Ranch approximately nine miles west of Durango off Highway 160. The interior is breathtaking: walking through the custom entry, one looks east into great room wall of glass and endless mountain views. Vaulted ceilings and expansive gabled windows take advantage of the views. Slate and hardwood floors complement the mission style custom cherry cabinetry and stone features in the great room, and the recently renovated gourmet kitchen, complete with all new appliances and a quartz countertop island. Bathrooms are also wrapped in the warmth of natural stone and wood finishes. The stair and bridge railings and the finish trim throughout the home are detailed from clear cedar in the craftsman tradition. Over 40 years of building exceptional homes for clients with the highest standards has earned Mantell-Hecathorn Builders a remarkable reputation and this is one of their finest and most fully envisioned custom showplaces. The current owners have made exceptional upgrades to the property inside and out, and have maintained this property meticulously, including the custom media center in the living room, upgrades to the master bathroom, the addition of a covered porch to the rear and stunning custom stone planter wall, re-staining the entire exterior in 2019, repainting the interior in 2021, and more. Please see Associated Docs for a full features list and additional information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,509
Year Built
- Built in 2007
Lot Details
- 35 Acre Lot
- Landscaped
HOA Fees
- $250 Monthly HOA Fees
Property Views
- Mountain
- Valley
Home Design
- Stick Built Home
Interior Spaces
- 5,467 Sq Ft Home
- 2-Story Property
- Furnished
- Tongue and Groove Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Double Pane Windows
- Window Treatments
- Mud Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- 1 Home Office
- Game Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Garage Door Opener
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient Construction
- Energy-Efficient HVAC
- Energy-Efficient Insulation
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Park K-5 Elementary School
- Escalante 6-8 Middle School
- Durango 9-12 High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Wood
- Heating System Powered By Owned Propane
- Well
- High-Efficiency Water Heater
- Engineered Septic
- Septic Tank
- High Speed Internet
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 566119100288
Community Details
Overview
- Association fees include trash, road maintenance
- Durango Ridge HOA
- Durango Ridge Subdivision
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2024
Closed on
Feb 14, 2025
Sold by
Christy L Liguori Trust
Bought by
Lee And Melissa Johnson Living Trust and Johnson
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Rebecca Hartwell
RE/MAX Pinnacle
List Price
$2,895,000
Sold Price
$2,775,000
Premium/Discount to List
-$120,000
-4.15%
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,180
Avg. Annual Appreciation
-6.04%
Original Mortgage
$1,773,312
Outstanding Balance
$1,765,828
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$917,311
Purchase Details
Closed on
Apr 25, 2019
Sold by
Hecathorn Gregory E Mantell and Man Tara
Bought by
He Christy L Liguori Trust
Purchase Details
Closed on
Dec 4, 2015
Sold by
Mantell Hecathorn Gregory E and Mantell Hecathorn Tara J
Bought by
Hecathorn Gregory E Mantell and Hecathorn Tara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2011
Sold by
Mantell Hecathorn Gregory E and Mantell Hecathorn Tara J
Bought by
Mantell Hecathorn Gregory E and Mantell Hecathorn Tara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2005
Sold by
Destination Ranch Llc
Bought by
Hecathorn Gregory E Mantell and Hecathorn Tara M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 1999
Bought by
Mantell-Hecathorn Gregory E & Tara J Re
Similar Homes in Durango, CO
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,775,000 | Land Title Guarantee | |
| Warranty Deed | $1,450,000 | Land Title Guarantee Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $300,000 | Land Title | |
| Warranty Deed | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,773,312 | New Conventional | |
| Previous Owner | $389,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $556,000 | New Conventional | |
| Previous Owner | $600,000 | Credit Line Revolving | |
| Previous Owner | $750,000 | Construction | |
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $2,775,000 | -4.1% | $508 / Sq Ft |
| 01/06/2025 01/06/25 | Pending | -- | -- | -- |
| 11/25/2024 11/25/24 | For Sale | $2,895,000 | 0.0% | $530 / Sq Ft |
| 10/22/2024 10/22/24 | Pending | -- | -- | -- |
| 08/24/2024 08/24/24 | For Sale | $2,895,000 | -- | $530 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $4,509 | $108,520 | $3,710 | $104,810 |
| 2024 | $3,857 | $92,650 | $3,110 | $89,540 |
| 2023 | $3,857 | $96,250 | $3,230 | $93,020 |
| 2022 | $3,309 | $99,930 | $3,350 | $96,580 |
| 2021 | $3,228 | $78,470 | $2,970 | $75,500 |
| 2020 | $3,079 | $77,180 | $2,810 | $74,370 |
| 2019 | $3,100 | $81,080 | $2,810 | $78,270 |
| 2018 | $3,078 | $80,620 | $5,370 | $75,250 |
| 2017 | $3,014 | $80,620 | $5,370 | $75,250 |
| 2016 | $2,839 | $82,370 | $5,760 | $76,610 |
| 2015 | -- | $82,370 | $5,760 | $76,610 |
| 2014 | $1,258 | $74,790 | $5,750 | $69,040 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Rinderle
Seller's Agent in 2025
Christina Rinderle
Durango Land and Homes
(970) 946-2279
323 Total Sales
-
Rebecca Hartwell
Buyer's Agent in 2025
Rebecca Hartwell
RE/MAX
(903) 280-8800
19 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 817381
APN: R417671
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