$3,000,000
SOLD JUN 6, 2025

426 Main St Ouray, CO 81427

11 Beds
14 Baths
10,864 Sq Ft
0.28 Acres

Recently Sold

$276 Per Sq Ft

24% Below List Price

28 Days on Market

Highlights

  • Second Kitchen
  • Spa
  • Furnished
  • Ouray Middle School Rated A-
  • Victorian Architecture
  • 2-minute walk to Box Canyon Waterfall and Park

About This Home

As of June 2025

Historic Elegance Meets Modern Opportunity. Located on 4 City lots at the top of Ouray's renowned Main Street within the National Landmark Historic District, 426 Main Street is a legacy property with Victorian era architectural integrity and historical significance. The first woman to own property in Ouray was Kitty Heit, who commissioned the stately brick building to host both of Kitty's thriving businesses --the Bon Ton Restaurant and the charming St. Elmo Hotel. 127 years later, 426 Main Street is a rare testament to timeless craftsmanship and the civic aspirations of Ouray's earliest citizens. The property features 11 unique guest rooms of different sizes, each with its own private bath, a fully equipped commercial kitchen, an inviting dining area, and a sidewalk-fronting patio.

Last Agent to Sell the Property

Jason Raible

LIV Sotheby's International Realty - Transfer Telluride License #IA40021807 Listed on: 03/03/2025

LIV Sotheby's International Realty - Transfer Telluride

Co-Listed By

Peggy Raible

LIV Sotheby's International Realty - Mountain Village License #FA40015272

Last Buyer's Agent

Jason Raible

LIV Sotheby's International Realty - Transfer Telluride License #IA40021807 Listed on: 03/03/2025

LIV Sotheby's International Realty - Transfer Telluride

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,756

Year Built

  • Built in 1898

Lot Details

  • 0.28 Acre Lot
  • Property is zoned Commercial

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 10,864 Sq Ft Home
  • Furnished
  • Window Treatments
  • Home Security System
  • Second Kitchen

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 3 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Spa
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,756

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Directions: 426 Main Street sits prominently at the top of Ouray's historic Main Street adjacent to Portland Creek and the Wrights Opera House.
  • Listing Member Name: Jason K. Raible
  • Listing Office Short Id: livsj
  • Major Area: 70
  • Estimated Number of Acres: 0.28
  • Prop. Type: Residential
  • Selling Member Short Id: 287
  • Selling Office Short Id: livsj
  • Home Age: 40+ Years
  • Deed Restrict: None
  • FILLSUBDIVISION: None
  • Property Sub Type: Mixed Use
  • Year Built: 1898
  • Building Style: Victorian
  • Special Features: None

Interior Features

  • EstFinishedSqFt: 10864.00
  • Lower Floor 1 Half Bathrooms: 3
  • Source Sq Ft: Assessor
  • Disability Access: City, Paved, State
  • Lower Floor 1 Bedrooms: 11
  • Furnished: Full

Exterior Features

  • Exterior Construction: Brick
  • Disclosures: None
  • Lot Number: 16-19
  • View: Historic buildings
  • Water Extras: Hot Tub, Patio/Deck, Secondary Kitchen, Security System, Window Coverings

Garage/Parking

  • OpenAreaParking: 3 Car +
  • Parking: Off Street Uncovered

Utilities

  • Electric: Power Company
  • Gas Company: Natural
  • Hot Water: Public

Fee Information

  • Taxes: 24756.00

Lot Info

  • Land Sq Ft: 12424.00
  • Zoning: Commercial
  • Lofts: None

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
St Elmo Llc
Bought by
Baggett J D
Current Estimated Value
$2,936,880

Purchase Details

Closed on
Jan 21, 2023
Sold by
Unknown
Bought by
St Elmo Llc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Lingenfleter Daniel J and Lingenfelter Sandra R
Bought by
Baggett J D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
4.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $855,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $598,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2025 06/06/25 Sold $3,000,000 -24.1% $276 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $3,950,000 -- $364 / Sq Ft
Source: Telluride Association of REALTORS®

Tax History Compared to Growth

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 $24,756 $398,740 $167,440 $231,300
2023 $24,756 $401,520 $167,970 $233,550
2022 $19,285 $308,730 $144,090 $164,640
2021 $19,161 $308,940 $144,150 $164,790
2020 $13,873 $225,820 $86,220 $139,600
2019 $13,873 $225,820 $86,220 $139,600
2018 $14,459 $229,850 $79,320 $150,530
2017 $14,332 $229,850 $79,320 $150,530
2016 $12,847 $224,880 $87,510 $137,370
2015 -- $224,880 $87,510 $137,370
2012 -- $253,510 $102,090 $151,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Telluride Association of REALTORS®

MLS Number: 43292

Telluride Association of REALTORS®

APN: R000791