
1600(2 Parcels) Elk Ridge Trail Unit Park Estates Lots 4 Ridgway, CO 81432
Estimated payment $27,717/month
Highlights
- Horses Allowed On Property
- RV or Boat Parking
- Wooded Lot
- Home fronts a creek
- 70 Acre Lot
- Furnished
About This Home
NEW INSIDE! NEW OUTSIDE! SELLER FINANCING: DOWN = 30%, TERM =10 YR, YEAR 1 = 0% YEARS, 2 - 10 = 4.99% Looking to save your cash or waiting for your home to sell? Here's an unheard of offer from the seller: Owner financing at just 30% down at only 4.99%! Seller will carry for 10 years and will even waive the first year's interest! This is an offering that is unique and majestic, and offers the possibility of a year-round multigenerational escape. There are two completely separate properties here, sold as one parcel, creating a mountain home of 70 acres, set midway between the iconic towns of Ridgway and Ouray, and within an easy drive of Telluride, Silverton and Montrose. The west parcel has an incredible perch overlooking the Sneffels Range mountains and down Valley toward Mt. Abram south of Ouray. This majestic home was completely redone this spring, with all new flooring, paint, kitchen counters and appliances. The layout is ideal for large groups and intergenerational setups, with the primary suite on its main level, along with impressive great room offering some of the world's finest views right from the living areas. In addition to the 4600 square feet of indoor space there's another 2000 square feet of beautifully maintained patios and decks to take in the big views. This sits on a prime 35 acre Ouray County lot that is on the south end of Park Estates, so its private access into the National Forest is just a short hike away. Year round road access provided by the Park Estates HOA allows you to use the property year round or seasonally-whatever fits your needs best. The second parcel included with this sale aligns with the west edge of the main home property, with Golden Ridge Road providing most of its border. It has multiple prime building sites, including an impressive point hanging out over the valley, which would make a tremendous perch for your new home. The property has both Sneffels Range and Valley views, and offers the best sledding hills anywhere! Its southwest portion is a beautiful pastoral valley, established with a 3 stall Morton barn and tack room. The building can be used multiple ways, but former owners used it during the summers and falls to ride in the Park Estates area, but also into the thousand of acres of Public land. While being sold together with the main home property in this listing, it is also available individually should you so choose. Because it's a totally separate property some day you could sell it off or develop it separately with a friend or family member. This is a unique opportunity to own something very special right in the heart of the Southwest Colorado area. Make your plans to come see it today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,273
Year Built
- Built in 1996
Lot Details
- 70 Acre Lot
- Home fronts a creek
- Cul-De-Sac
- Wooded Lot
- Property is zoned Agriculture
HOA Fees
- $417 Monthly HOA Fees
Home Design
- Stick Built Home
Interior Spaces
- Furnished
- Great Room
- Family Room
- Dining Room
- 2 Home Offices
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Attached Garage
- RV or Boat Parking
Schools
- Ouray K-6 Elementary School
- Ouray 7-8 Middle School
- Ouray 9-12 High School
Utilities
- Well
- Septic Tank
- Internet Available
Additional Features
- Property is near a golf course
- Pasture
- Horses Allowed On Property
Community Details
- Park Estates HOA
- Park Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 451709200050
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,060 | $146,000 | $15,110 | $130,890 |
2023 | $8,060 | $150,110 | $15,520 | $134,590 |
2022 | $4,780 | $85,370 | $10,500 | $74,870 |
2021 | $4,518 | $87,850 | $10,830 | $77,020 |
2020 | $3,492 | $68,790 | $10,080 | $58,710 |
2019 | $3,492 | $68,790 | $10,080 | $58,710 |
2018 | $3,010 | $57,620 | $9,260 | $48,360 |
2017 | $2,978 | $57,620 | $9,260 | $48,360 |
2016 | $2,470 | $53,170 | $6,220 | $46,950 |
2015 | -- | $53,170 | $6,220 | $46,950 |
2012 | -- | $47,700 | $10,160 | $37,540 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Price Changed | $4,845,000 | -3.0% | $1,046 / Sq Ft |
06/25/2025 06/25/25 | For Sale | $4,995,000 | -- | $1,079 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available |
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Source: Colorado Real Estate Network (CREN)
MLS Number: 825828

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