$3,500,000

49617 Highway 550 Durango, CO 81301

Estimated payment $20,875/month

Total Views 10,564
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

2.93 Acres

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

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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
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)
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