47632 Highway 550 Durango, CO 81301
Durango AreaEstimated payment $32,172/month
Highlights
- Lake Front
- Barn
- 78.74 Acre Lot
- Durango High School Rated A-
- Horses Allowed On Property
- Near a National Forest
About This Home
A Once-in-a-Lifetime Legacy Ranch Opportunity Near Purgatory Resort This is truly one of the most rare and breathtaking properties ever offered in the area. Once you experience it in person, you will immediately understand how extraordinary it is. There is simply no other property in the area that offers this combination of history, WATER, privacy, recreation, location, and development potential. Properties like this rarely come available. Located just 1.5 miles from world-renowned Purgatory Resort and premier golf courses, this remarkable property offers unmatched mountain views, a private spring-fed lake, and direct access to endless hiking and biking trails. Bordering National Forest on one side, the setting is private, peaceful, and absolutely unforgettable. With its incredible location and stunning natural beauty, it would make an exceptional Bed & Breakfast, luxury retreat, family compound, or legacy ranch property. Some of the highlights include, private spring-fed lake that can be stocked with fish, a second private spring both springs flow continually, one domestic well, one irrigation well, plus natural spring water which is some of the best in the world suitable for drinking, historic barn that served as the original homestead residence in the 1800s, historic home and additional outbuildings with studio apartment, fully fenced acreage with room for horses, cattle, and livestock, fertile land ideal for gardens and a fully organic lifestyle, borders National Forest for unmatched recreation and privacy, endless opportunities for hiking, biking, skiing, fishing, horseback riding and outdoor adventure. This historic ranch was homesteaded in the 1800s and has remained in the same family ever since. It has never before been offered for sale. Schedule your private showing today.
Listing Agent
Shelly Lester
Dreamcatcher Properties, LLC License #ER40023025 Listed on: 05/18/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,411
Year Built
- Built in 1924
Lot Details
- 78.74 Acre Lot
- Lake Front
- Barbed Wire
- Wooded Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Property is zoned Agriculture
Parking
- 2 Car Detached Garage
Property Views
- Lake
- Mountain
Home Design
- 1,436 Sq Ft Home
- Ranch Property
- Metal Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 1 Full Bathroom
Farming
- Barn
- Agricultural
- Pasture
- Cattle
- Livestock
Horse Facilities and Amenities
- Horses Allowed On Property
- Corral
Utilities
- Spring water is a source of water for the property
- Irrigation Water Rights
- Well
- Septic System
- Internet Available
Community Details
- Near a National Forest
Listing and Financial Details
- Security Deposit $100,000
- Assessor Parcel Number 508935400006
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,411 | $26,130 | $2,120 | $24,010 |
| 2024 | $707 | $16,850 | $2,120 | $14,730 |
| 2023 | $707 | $19,670 | $2,120 | $17,550 |
| 2022 | $885 | $21,130 | $2,120 | $19,010 |
| 2021 | $904 | $21,780 | $2,270 | $19,510 |
| 2020 | $817 | $20,300 | $2,170 | $18,130 |
| 2019 | $783 | $20,300 | $2,170 | $18,130 |
| 2018 | $705 | $18,290 | $2,190 | $16,100 |
| 2017 | $697 | $18,490 | $2,190 | $16,300 |
| 2016 | $663 | $19,040 | $2,060 | $16,980 |
| 2015 | $543 | $19,040 | $2,060 | $16,980 |
| 2014 | $543 | $15,980 | $2,360 | $13,620 |
| 2013 | -- | $15,980 | $2,360 | $13,620 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $5,900,000 | 0.0% | $4,109 / Sq Ft |
| 03/13/2024 03/13/24 | For Sale | $5,900,000 | -- | $3,186 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
MLS Number: 834891
APN: R019654
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Ask me questions while you tour the home.