$1,160,000
$215K PRICE DROP

195 Silverview Ln Unit 1-5 Durango, CO 81303

Estimated payment $6,509/month

Total Views 704
6 Beds
5 Baths
3,556 Sq Ft
$326 Price per Sq Ft

About This Home

This home is located at 195 Silverview Ln Unit 1-5, Durango, CO 81303 and is currently priced at $1,160,000, approximately $326 per square foot. This property was built in 1973. 195 Silverview Ln Unit 1-5 is a home located in La Plata County with nearby schools including Florida Mesa Elementary School, Escalante Middle School, and Durango High School.

Listing Agent

Makala Jewell

EXIT Realty Home & Ranch Listed on: 04/28/2025

EXIT Realty Home & Ranch

Co-Listing Agent

Jon Tyler Frakes

EXIT Realty Home & Ranch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,252

Year Built

  • Built in 1973

Home Design

  • 3,556 Sq Ft Home

Schools

  • Florida Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Additional Features

  • 5 Full Bathrooms
  • 1.8 Acre Lot
  • Well

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 566911104006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,252

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Estimated Total Acres: 1.8
  • Class: Multifamily
  • Em Deposit: 15,000.00
  • Em Holder: Land Title
  • Legal Lot Block: Subdivision: VISTA GRANDE S/D Block: 0 Lot: 6 VISTA GRANDE SUB-PROJ #95-150 195 SILVERVIEW LN DURANGO 81303
  • Parcel Id Number: 566911104006
  • Price Per Sq Ft: 326.21
  • Sale/Rent: For Sale
  • Street Designation: Lane
  • Type: Fiveplex
  • Total Taxes Dollar: 2,251.72
  • Year Built: 1973
  • Prop Description Remarks: Exceptional Multi-Unit Investment Property in Fast-Growing Grandview – Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata County’s most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings—two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the area’s demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Don’t miss this outstanding investment opportunity in one of Durango’s most strategic growth areas with breathtaking views.
  • Unit Suite Number: 1-5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Total Sq Ft: 3556
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 5
  • Total Office Den: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Mesa Propane, Inc.
  • Sewer Supplier: South Durango Sanitation District
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 88069

Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 5

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

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

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 Price Changed $1,160,000 -3.2% $326 / Sq Ft
07/23/2025 07/23/25 Price Changed $1,198,000 -4.9% $337 / Sq Ft
07/17/2025 07/17/25 Price Changed $1,260,000 -2.7% $354 / Sq Ft
07/07/2025 07/07/25 Price Changed $1,295,000 -1.9% $364 / Sq Ft
05/31/2025 05/31/25 Price Changed $1,320,000 -2.1% $371 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,349,000 -1.9% $379 / Sq Ft
04/28/2025 04/28/25 For Sale $1,375,000 -- $387 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Similar Homes in Durango, CO

See All Homes in Durango

Source: Colorado Real Estate Network (CREN)

MLS Number: 823550

Colorado Real Estate Network (CREN)
Colorado La Plata County Durango 81303

195 Silverview Ln Unit 1-5, Durango, CO

This home is located at 195 Silverview Ln Unit 1-5, Durango, CO 81303 and is currently priced at $1,160,000, approximately $326 per square foot. This property was built in 1973. 195 Silverview Ln Unit 1-5 is a home located in La Plata County with nearby schools including Florida Mesa Elementary School, Escalante Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Makala Jewell
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EXIT Realty Home & Ranch
(970) 609-9567