$4,845,000
$150K PRICE DROP

1600(2 Parcels) Elk Ridge Trail Unit Park Estates Lots 4 Ridgway, CO 81432

Estimated payment $27,717/month

Total Views 2,421
4 Beds
4.5 Baths
4,631 Sq Ft
$1,046 Price per Sq Ft

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.

Listing Agent

Todd Schroedel

United Country Sneffels Realty Listed on: 06/25/2025

United Country Sneffels Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,273

Year Built

Built in 1996

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Estimated Total Acres: 70
  • Class: RESIDENTIAL
  • Elevation: 9000
  • Em Deposit: 50000
  • Em Holder: Land Title Ridgway
  • Fronts: Ridges Overlooking Valley
  • Horse Setup: Yes
  • Legal Lot Block: Subd: PARK ESTATES Lot: 4 S: 9 T: 44 R: 8 also: Subd: PARK ESTATES Lot: 9 S: 9 T: 44 R: 8
  • Livestock Allowed: Horses
  • Lot Dimension: 35.17 ac and 35.06 ac
  • Lot Size Acreage: 35+
  • Parcel Id Number: 451709200050
  • Price Per Sq Ft: 1046.21
  • Property Description: Pasture, Wooded Lot, Cul-de-sac, Golf Course Near, Boundaries Marked
  • Real Estate Included: Yes
  • Realist Id: 4517-092-00-050
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Street Designation: Trail
  • Tax Account Id: Also 451710400051
  • Waterfront Type: Creek
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 9273.44
  • Year Built: 1996
  • Foreign Owned Y N: No
  • Prop Description Remarks: 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.
  • Subdv Name: Park Estates
  • Unit Suite Number: Park Estates Lots 4 and 9
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Yes
  • Bedrooms: 4
  • Estimated Total Sq Ft: 4631
  • Bathrooms Description: 4 En-Suite+1/2-1 w/ steam
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 5
  • Family Room: Yes
  • Great Room: Yes
  • Lower Level Sq Ft: 2936
  • Main Level Sq Ft: 1696
  • Master Bedrm Dimensions: 13x14
  • Office Den Dimensions: 14x14 and 14x15
  • Total Office Den: 2

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Propane
  • Laundry Util Dimensions: 7x8
  • Sewer Supplier: Septic
  • Water Well: Yes
  • Well Permit Number: 000000

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 2500.00
  • HOA Metro Fees Frequency: Bi-Annual
  • Hoa Name: Park Estates

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Map

Range of Values:

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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 $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
Source: Public Records

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
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 825828

Colorado Real Estate Network (CREN)

APN: R001172