49617 Highway 550 Durango, CO 81301
Estimated payment $20,344/month
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.
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
Map
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)
MLS Number: 822848
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Ask me questions while you tour the home.