185 N Lena St Unit CONDO "D" Ridgway, CO 81432
Estimated payment $8,924/month
Highlights
- New Construction
- Mountain View
- Balcony
- Ridgway Elementary School Rated A-
- Corner Lot
- 1-minute walk to Ridgway Town Park
About This Home
Deed Restricted Workforce CONDO "D" consists of 4 new work force condo units. There are 4 individual deed restricted condos. 3 are 1 bedroom/1 full bath and one is a studio with a full bath. They come complete with oven/range, refrigerator, dishwasher, washer and dryer. Each unit has a storage and a carport. There is elevator to access these units. Centrally located in the core of Town and within walking distance to most amenities. These units have approx 17 years remaining of a Deed Restriction then they become "Free Market" units. Currently yielding over 5% on the full asking price with rents set well below the maximum allowed. The ONLY deed restriction is income based and that is set at 140% of AMI (Area Median Income).
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,207
Year Built
- Built in 2024 | New Construction
Parking
- 4 Carport Spaces
Home Design
- Metal Roof
- Low Volatile Organic Compounds (VOC) Products or Finishes
- Metal Construction or Metal Frame
Interior Spaces
- 3,424 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Mountain Views
Kitchen
- Eat-In Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Shed
Utilities
- Ductless Heating Or Cooling System
- Heat Pump System
- Tankless Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 430516247001
Community Details
Overview
- Property has a Home Owners Association
- Association fees include building maintenance, insurance, irrigation, landscaping, sewer, trash, water, snow removal, management
- The Old Firehouse HOA
Pet Policy
- Dogs Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $1,500,000 | -16.7% | $438 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $1,800,000 | -- | $526 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
MLS Number: 819793
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