NOT LISTED FOR SALE

42570 U S 550 Durango, CO 81301

Studio
12 Baths
7,838 Sq Ft
4.04 Acres Lot

Sale Details

Date Sold: February 14, 2025

Last sale price $1,475,000 $188 Per Sq Ft

65 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • Property is near golf course
  • Durango High School Rated A-
  • Property is near a preserve or public land
  • Wood Siding

About This Home

As of February 2025

This home is located at 42570 U S 550, Durango, CO 81301 since 09 October 2024. This property was built in 1982. 42570 U S 550 is a home located in La Plata County with nearby schools including Animas Valley Elementary School, Miller Middle School, and Durango High School.

Last Agent to Sell the Property

Andy Langefels

Legacy Properties West Sotheby's Int. Realty Listed on: 10/09/2024

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Jon Burden

HomeSmart

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1982

Lot Details

  • 4.04

Property Views

  • Mountain
  • Valley

Home Design

  • Metal Roof
  • Wood Siding
  • Siding

Interior Spaces

  • 7,838 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Parking

  • 20 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Animas Valley K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • 4.04 Acre Lot
  • Property is near golf course

Community Details

  • 7 Units
  • Property is near a preserve or public land

Listing and Financial Details

  • The owner pays for building insurance, real estate taxes, interior maintenance, ext maintenance (bldg), site maintenance (prop), trash, snow removal
  • Assessor Parcel Number 532526400030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,709

Year Built

Built in 1982

Lot Details

4.04 Acres

Listing Details

  • Estimated Total Acres: 4.04
  • Class: Multifamily
  • Em Deposit: 50,000
  • Em Holder: Title durango
  • Legal Lot Block: Tract: B 42570 N US HWY 550 DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: E DESC: PHASE A BEAR RANCH CONDO 42570 N US HWY 550 #E DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: F DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #F DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: G DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #G DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: G DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #G DURANGO 81301
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 532526400030
  • Price Per Sq Ft: 188.19
  • Property Description: Borders Public Land, Golf Course Near
  • Residence Stories: Two Story, Three Story
  • Sale/Rent: For Sale
  • Siding: Wood, Masonite
  • Sold Price Sq Ft: 188.19
  • Street Descriptionaccess: State Highway
  • Zoning: Residential
  • Heating Fuelsystem: Electric Baseboard
  • Landlord Pays: Building Insurance, Real Estate Taxes, Interior Maintenance, Ext Maintenance (Bldg), Site Maintenance (Prop), Trash, Snow Removal
  • Multi Story: Yes
  • Total Taxes Dollar: 2,709.24
  • Year Built: 1982
  • Prop Description Remarks: Discover the extraordinary charm of Almostaranch, a unique multi-use property nestled in the breathtaking North Valley of Durango, CO. This stunning estate borders 203 acres of State of Colorado Land and is seamlessly connected to the San Juan National Forest. It’s a stone’s throw from Haviland Lake and Electra Lake, making it a nature lover’s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Club’s exceptional golf and fitness center. Here, every adventure awaits—from hiking, biking, and paddleboarding to jeeping and hunting—right in your own backyard! Almostaranch is not only a stunning family residence but also a lucrative income-generating opportunity, currently yielding over $10,000 a month 113k net with the potential to double that revenue. The property includes 4 condo’s units: three are rented month-to-month, while one operates as a highly profitable VRBO that doubles the income of the monthly rentals, significantly enhancing rental income. Additionally, an old lodge with three apartments, These units serve a much need low rent option for those in The North Valley. These units produce over 4k a month. Most value is in the land, but you could keep them as is or put some limited money into them and gain more rent. The building is old and needs it’s share of work. Somone may just remove this structure and build a house and gain income that way off 1 unit. Moreover, the main house maintains its privacy from the rental units, making it a serene retreat. The potential here is limitless! Almostaranch has potential to transform into a wedding venue, family retreat, or corporate getaway. Please note that while the investment side of the property can be sold separately, the main residence will not be offered independently. Entire property with main home is listed mls 818630. Don't miss your chance to own this unique property that promises both adventure and income in the stunning outdoors of Durango!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 10741075

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Master Bedroom: Upper Level
  • Estimated Total Sq Ft: 7838
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 12
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Parking Spaces: 20
  • Parking: 2 per unit

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Basin Co-Op
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 235539

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 7

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
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Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $1,475,000 -13.2% $188 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,700,000 -- $217 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Agents Affiliated with this Home

  • Andy Langefels

    Seller's Agent in 2025

    Andy Langefels

    Legacy Properties West Sotheby's Int. Realty

    (970) 946-3539

    56 Total Sales

    Andy Langefels
    Section Image
  • Jon Burden

    Buyer's Agent in 2025

    Jon Burden

    HomeSmart

    (970) 431-0008

    78 Total Sales

    Jon Burden
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 818648

Colorado Real Estate Network (CREN)
Colorado La Plata County Durango 81301

42570 U S 550, Durango, CO

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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