$3,500,000

49617 Highway 550 Durango, CO 81301

Estimated payment $20,036/month

Total Views 6,726
2.93 Acres
$1,194,539 Price per Acre
127,631 Sq Ft Lot

Highlights

  • Ski Accessible
  • Lake View
  • Level Lot
  • Durango High School Rated A-

About This Lot

COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners. Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.

Listing Agent

Jaime Marquez

Coldwell Banker Mountain Properties Listed on: 04/09/2025

Coldwell Banker Mountain Properties

Co-Listing Agent

Hazel Hackett

Destination DRO Real Estate Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,975

Lot Details

  • 2.93 Acre Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned Commercial, Residential Multi Family

Property Views

  • Lake
  • Mountain
  • Valley

Schools

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

Utilities

  • Heating System Powered By Owned Propane
  • Septic System
  • Sewer Tap Fee
  • Internet Available

Community Details

  • Ski Accessible

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 508924313027

Property Details

Property Type

Land

Est. Annual Taxes

$22,975

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Fronts: Hwy 550, Mtn Views
  • Legal Lot Block: Lot 2 49617 N US Hwy 550 Durango 81301 and Lot 3 Tract IN 24-39-9. Lengthy legal description.
  • Lot Dimension: Irreg 586' x 290'
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 508924313027
  • Property Description: Boundaries Marked, Corners Marked, Boundaries Surveyed, Skier Access
  • Street Descriptionaccess: State Highway, Paved, 100'-150' Frontage, Public Winter Maintenance
  • Tax Account Id: R017804 & R017780
  • Zoning: Commercial, Residential Multi Family
  • Domestic Sewer: Sewer Tap Available, Sewer Tap Paid, Sewer Tap Installed
  • Domestic Water: Tap Paid, Domestic Installed/Paid, Tap Available, Tap Installed
  • Type: Commercial
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 2.93
  • Current Property Use: Skier Access
  • Em Deposit: 100,000
  • Possible Property Use: Commercial, Skier Access
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 27.42
  • Sewer Paid: Yes
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 22,975
  • Prop Description Remarks: COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners. Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley, Lake/Pond/Reservoir

Utilities

  • Utilities: Electricity, Internet, Propane-Tank Owned
  • Water Tap Paid: Yes
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Water Supplier: Purgatory Metropolitan District

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 For Sale $3,500,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 822848

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

49617 Highway 550, Durango, CO

For Sale

Lots

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Nearby Homes
Jaime Marquez
Listing Agent
Jaime Marquez
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Coldwell Banker Mountain Properties
(970) 499-8309