$705,000
SOLD SEP 26, 2024

50827 Highway 550 Unit 13 Durango, CO 81301

3 Beds
3 Baths
1,680 Sq Ft
$866/mo HOA Fee

Recently Sold

$420 Per Sq Ft

5% Below List Price

174 Days on Market

Highlights

  • Ski Accessible
  • Fitness Center
  • Lake View
  • Steam Room
  • Indoor Pool
  • Clubhouse

About This Home

As of September 2024

Discover the epitome of Colorado living at 50827 N. Highway 550 #13, an expansive 3 bedroom, 3 full bathroom condo nestled in the serene Cascade Village - a haven for investors seeking a top-tier vacation property! This remarkable condo exemplifies a comfortable and contemporary mountain living lifestyle with its recent renovations and seemingly endless amenities. Immerse yourself in unforgettable mountain panoramas just off the balcony, which provides a stunning backdrop of local wildlife and the majestic peaks of the San Juan Mountains. As you peak North, there is a wide open view of Engineer Mountain. It is truly remarkable to have such a unique and seamless transition between indoor and outdoor living. Surrounded by the natural splendor of the area, there are incredible amenities on and very near the condo. Situated at 30 miles North of downtown Durango, and just 20 miles South of Silverton - this property is a perfect mountain adventure getaway for the whole family, as Purgatory Mountain resort is less than 2 miles to the South. Purgatory offers world renown skiing, snowboarding, snowmobiling, and snowcat tours in the winter. Summer activity offerings include magnificent mountain biking trails, hiking, and an all new alpine coaster and slide. Your quest for the ideal vacation retreat and investment opportunity concludes right here. Recent updates, including a water softener, washer and dryer, sinks, toilets, interior/exterior paint, really enhance the property's allure. A new high speed fiber optic cable internet system has been installed throughout the entire property. A total of three new smart televisions wirelessly stream videos with ease. Additional storage on the bottom level is complete with a freezer. Nearby extra storage options are available on the property as well. A timely and professional radon test has been completed and passed, ensuring peace of mind. Anticipate more upcoming renovations for the entire building, including a new roof scheduled for early 2024. A recent asphalt paving project that has been completed around the building, facilitates improved snowmelt irrigation. Although this is a turnkey-ready investment that comes fully furnished with high end movables - it has never been rented before. This particular condo has always been owner occupied as they have opted to keep it in pristine condition over the years. Similar properties within the association have a strong proven rental history for profits. Cascade Village boasts a plethora of amenities, including an indoor pool, spa, sauna, fitness center, free ski shuttle service, outdoor hot tub, BBQ area with picnic tables, fishing pond, hiking trails, tennis/pickle-ball courts, and much more. These offerings, along with all other aspects of the condo certainly bring it all over the top. This property will not last long, so please, capture the chance to immerse yourself in the ultimate Colorado lifestyle. Reach out for a showing now, and envision Cascade Village as your treasured haven in the Rockies. Truly an excellent investment opportunity for those aspiring to attain the summit of mountain property ownership!

Last Agent to Sell the Property

Gerald Klooster

RE/MAX Pinnacle

RE/MAX Pinnacle

Last Buyer's Agent

Liesl Luy

Durango Mountain Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1982 | Remodeled in 2016

Lot Details

  • Open Space
  • Landscaped
  • Sprinkler System

HOA Fees

  • $866 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Game Room
  • Steam Room
  • Sauna
  • Home Gym

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed
  • Outdoor Gas Grill

Schools

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

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Purifier
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50891320080013

Community Details

Overview

  • Association fees include building maintenance, insurance, landscaping, trash, snow removal, fitness facility, fishing rights, internet, lawn, management, parking, road maintenance, wifi, telephone, cable TV, common area taxes
  • Cascade Village Home Owners Association
  • Cascade Village Subdivision
  • Foothills

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Ski Accessible

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,561

Year Built

Built in 1982 | Remodeled in 2016

Lot Details

0

HOA Fees

$866 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Water Purifier, Freezer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Spa, Tennis Courts, Sauna, Fitness Facility, Hot Tub
  • Elevation: 8,875
  • Em Deposit: 15,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, Shed/Storage, Balcony, Gas Grill, Hot Tub, Landscaping, Lawn Sprinklers, Patio
  • Interior Inclusions: Wired/Cable TV, All Furnishings, Ceiling Fan(s), Skylight(s), Vaulted Ceiling, Jetted Tub, Pantry, Walk In Closet, Sauna, Steam Room, Fitness Room, Game Room, Mud Room
  • Legal Lot Block: UNIT 13 MILLHOUSE LAYOUT- BUILDING J- NEEDLES- CASCADE VILLAGE
  • Parcel Id Number: 50891320080013
  • Price Per Sq Ft: 419.64
  • Property Description: Foothills, Adj to Open Space, Skier Access
  • Real Estate Included: Yes
  • Realist Id: 50891320080013
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 419.64
  • Street Descriptionaccess: State Highway
  • Tax Account Id: R5846
  • Type: Condo
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 1,560.88
  • Year Built: 1982
  • Year Renovated: 2016
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover the epitome of Colorado living at 50827 N. Highway 550 #13, an expansive 3 bedroom, 3 full bathroom condo nestled in the serene Cascade Village - a haven for investors seeking a top-tier vacation property! This remarkable condo exemplifies a comfortable and contemporary mountain living lifestyle with its recent renovations and seemingly endless amenities. Immerse yourself in unforgettable mountain panoramas just off the balcony, which provides a stunning backdrop of local wildlife and the majestic peaks of the San Juan Mountains. As you peak North, there is a wide open view of Engineer Mountain. It is truly remarkable to have such a unique and seamless transition between indoor and outdoor living. Surrounded by the natural splendor of the area, there are incredible amenities on and very near the condo. Situated at 30 miles North of downtown Durango, and just 20 miles South of Silverton - this property is a perfect mountain adventure getaway for the whole family, as Purgatory Mountain resort is less than 2 miles to the South. Purgatory offers world renown skiing, snowboarding, snowmobiling, and snowcat tours in the winter. Summer activity offerings include magnificent mountain biking trails, hiking, and an all new alpine coaster and slide. Your quest for the ideal vacation retreat and investment opportunity concludes right here. Recent updates, including a water softener, washer and dryer, sinks, toilets, interior/exterior paint, really enhance the property's allure. A new high speed fiber optic cable internet system has been installed throughout the entire property. A total of three new smart televisions wirelessly stream videos with ease. Additional storage on the bottom level is complete with a freezer. Nearby extra storage options are available on the property as well. A timely and professional radon test has been completed and passed, ensuring peace of mind. Anticipate more upcoming renovations for the entire building, including a new roof scheduled for early 2024. A recent asphalt paving project that has been completed around the building, facilitates improved snowmelt irrigation. Although this is a turnkey-ready investment that comes fully furnished with high end movables - it has never been rented before. This particular condo has always been owner occupied as they have opted to keep it in pristine condition over the years. Similar properties within the association have a strong proven rental history for profits. Cascade Village boasts a plethora of amenities, including an indoor pool, spa, sauna, fitness center, free ski shuttle service, outdoor hot tub, BBQ area with picnic tables, fishing pond, hiking trails, tennis/pickle-ball courts, and much more. These offerings, along with all other aspects of the condo certainly bring it all over the top. This property will not last long, so please, capture the chance to immerse yourself in the ultimate Colorado lifestyle. Reach out for a showing now, and envision Cascade Village as your treasured haven in the Rockies. Truly an excellent investment opportunity for those aspiring to attain the summit of mountain property ownership!
  • Subdv Name: Cascade Village
  • Unit Suite Number: 13
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Tile, Carpet-Partial
  • Estimated Total Sq Ft: 1680
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Living Room
  • Master Bedroom Level: Upper Level

Exterior Features

  • Pool: Community, Indoor, In-Ground
  • Roof: Membrane
  • Views: Lake/Pond/Reservoir, Mountains, Valley

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Utilities: Electric, Phone - Landline, Natural Gas, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: Cascade Metro District
  • Water Supplier: Grizzly Peak Water Sales and Distribution

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Trash, Snow Removal, Fitness Facility, Fishing Rights, Internet, Lawn, Management, Parking, Road Maintenance, WiFi, Telephone, Cable TV, Common Area Taxes
  • Hoametro Fees: 866
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Cascade Village Home Owners Association

Schools

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

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $705,000 -2.3% $420 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $721,900 -1.8% $430 / Sq Ft
04/04/2024 04/04/24 Price Changed $734,890 -0.7% $437 / Sq Ft
02/27/2024 02/27/24 For Sale $739,890 -- $440 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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Source: Colorado Real Estate Network (CREN)

MLS Number: 811090

Colorado Real Estate Network (CREN)