NOT LISTED FOR SALE

542 Sheep Springs Durango, CO 81301

Estimated Value: $2,524,000 - $5,230,000

5 Beds
4.5 Baths
6,008 Sq Ft
$669/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $3,800,000 $632 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $22,054/month

4 Days on Market

Highlights

  • Barn
  • Arena
  • RV or Boat Parking
  • Park Elementary School Rated A-
  • Home fronts a pond
  • Lake View

About This Home

As of September 2022

The 5L Ranch is a majestic, immaculate 143-acre ranch property with a custom 6008 square feet log home, with barn and is being sold turnkey, including the furnishings and the ranch equipment. The property is located 7 miles West of Downtown Durango. The 5L Ranch is composed of three contiguous 35-acre parcels and one contiguous 38-acre parcel. Two of the parcels are a part of Durango Ridge Ranch, one of the parcels allow for an additional single home and one outbuilding while two parcels bordering on HWY 160 are under a conservation easement that allows for one home and one outbuilding each. There are 3 drilled water wells on the ranch. Many areas around the house and barn are fenced with either wood post and rail or post and non-barb wire fencing. The entire property has been weed and fire mitigated. The 5L and Durango Ridge Ranch is inviting to many outdoor activities with close access to over 3000 acres of State of Colorado land. The residence features 5 bedrooms, 4.5 bathrooms, chef’s kitchen, great room, office, family room and heated 2-car attached garage. The meticulously maintained log house structure offers the rustic warmth and coziness of its natural materials composed of lodgepole pine logs and river rocks. The interior of the house offers a very modern rustic feeling with many glass windows and doors as well as recently installed LED lighting throughout. The house has undergone numerous costly upgrades designed to make the house maintenance-free including these recent improvements: asphalt shingle roof with ice melt system and gutters, Cummins 25KW standby generator, radon mitigation system, 1850 gallons buried water cistern, septic tank and leach field, porcelain floor tiles on upper and lower levels, water softener, security cameras, installation of lower driveway automatic gate, and much more. The oversized designer wood door welcomes you at the entry. The arch carved out of the logs leads you into the great room with the large wood-burning fireplace topped off by a flagstone mantel, and framed by river rock. The kitchen features abundant countertops, Crestwood Cherry cabinetry, Farm sink with Reverse Osmosis Water System, and an island with river rock surround. The walk-in pantry/laundry room features newer GE Deluxe washer/dryer on pedestals, storage cabinets, and utility wash tub. Next to the kitchen is the dining room with Oak plank flooring. The French doors lead to the TREX deck with built in Viking BBQ. Next to the entry is the powder room. Also on the main level is the master suite with propane river rock fireplace, and French doors which open to the private deck. Past the walk-in closet is the master bath with double vanity, walk-in shower, and a water closet. Head up the stunning twisted sculptural wood staircase to the second floor with a flybridge that overlooks the main entry and living room with North facing La Plata Mountains. A private upper en-suite features a balcony, and a full bathroom. On the other side of the bridge is an office nook with a custom built-in desk, two bedrooms, bathroom and enclosed storage area. The upper level has new porcelain tiles with in-floor heating. Downstairs opens to the large family room with new porcelain tiles and track LED lighting. Additionally, there is one bedroom and an artist’s studio. The spacious bedroom boasts one King and one Queen bed and has a barn door leading into a large walk-in closet. The full bath is located in the hallway with a sink, tub and built-in storage. The masterfully built equestrian barn offers 5 stalls, tack room heated by electric baseboard heat, powder room, saddle storage area, workshop, and second level for hay storage. The barn also boasts a covered RV site. The outdoor, horse-riding arena is located just below the barn. The 5L Ranch offers Colorado living at its best with magnificent views of the surrounding mountains and valleys, while only a few minutes from historic Downtown Durango.

Last Agent to Sell the Property

Gabi Bergstrom

RE/MAX Pinnacle Listed on: 08/19/2022

RE/MAX Pinnacle

Last Buyer's Agent

Durango NON MEMBER

NON-MEMBER/FSBO Durango

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1998

Lot Details

  • 143 Acre Lot
  • Home fronts a pond
  • Partially Fenced Property
  • Wooded Lot
  • Property is zoned Agriculture

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Slab Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 3-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Gym
  • Home Security System
  • Finished Basement

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

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

Farming

  • Barn
  • Pasture
  • Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Engineered Septic
  • Septic Tank
  • Internet Available

Community Details

  • Durango Ridge HOA

Listing and Financial Details

  • Assessor Parcel Number 566119400287

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,895

Year Built

Built in 1998

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Double Oven, Exhaust Fan
  • Estimated Total Acres: 143
  • Class: RESIDENTIAL
  • Em Deposit: 100000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Deck, Gas Grill, Covered Porch
  • Horse Setup: Yes
  • Interior Inclusions: Window Coverings, All Furnishings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Pantry, Security System, T&G Ceilings, Walk In Closet, Garage Door Opener, Fitness Room, Heated Garage
  • Legal Lot Block: Parcels Numbers: 1. 566119400287 - Subdivision: DURANGO RIDGE RANCH Block: 0 Lot: 20 DURANGO RIDGE RANCH, FILING NO 2 542 SHEEP SPRINGS RD DURANGO 81301 2. 566119300315 - Subdivision: DURANGO RIDGE RANCH FILING #3 Lot: 33 3. 566119400320 - Subdivision
  • List Price per Sq Ft: 657.46
  • Livestock Allowed: Cattle, Horses
  • Lot Size Acreage: 35+
  • Parcel Id Number: 566119400287
  • Price Per Sq Ft: 632.49
  • Property Description: Pasture, Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 632.49
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Road
  • Tax Account Id: R417676
  • Waterfront Type: Pond
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: AlignTec
  • Internet Service: Yes
  • Total Taxes Dollar: 3894.76
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 6008
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 5
  • Basement Finished Sq Ft: 1852
  • Fireplace Location Type: Gas Logs, Gas Starters, Bedroom, Living Room
  • Foundation: Slab, Basement-finished
  • Main Level Sq Ft: 2132
  • Master Bedroom Level: Main Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1324

Exterior Features

  • Fence: Partial Property
  • Windows: Clad, Double Pane
  • Construction Type: Log
  • Exterior Structures: Arena, Barn, RV/Boat Shelter
  • Roof: Asphalt, Architectural Shingles
  • Views: Mountains, Valley, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: AmeriGas
  • Heating System: Electric Baseboard, Floor Radiant
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 205314, 261808, 243490

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 6000
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Durango Ridge

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Needham K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Willowbrook Associates Llc
Bought by
Neal And Debra Winard Trust
Current Estimated Value
$4,019,784

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 16, 2022
Sold by
Anne Moreau Self Declaration Of Trust
Bought by
Willowbrook Associates Llc
Seller's Agent
Gabi Bergstrom
RE/MAX Pinnacle
Buyer's Agent
Durango NON MEMBER
NON-MEMBER/FSBO Durango
List Price
$3,950,000
Sold Price
$3,800,000
Premium/Discount to List
-$150,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Vincent Roderick B and Vincent Kathy E
Bought by
Anne Moreau Self Declaration Of Trust

Purchase Details

Closed on
Dec 18, 2009
Sold by
Landry Property Management Of Leesville
Bought by
Anne Moreau Self Declaration Of Trust

Purchase Details

Closed on
Mar 8, 2005
Sold by
Trujillo Ron R and Trujillo Felicia
Bought by
Landry Phillip D and Landry Lori A

Purchase Details

Closed on
Jan 9, 1998
Bought by
Moreau Anne Self Declaration Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neal And Debra Winard Trust -- None Listed On Document
Willowbrook Associates Llc $3,800,000 Colorado Title & Closing Servi
Anne Moreau Self Declaration Of Trust -- None Available
Anne Moreau Self Declaration Of Trust $2,700,000 Colorado Land Title Co
Landry Phillip D $1,200,000 Land Titel
Moreau Anne Self Declaration Of Trust $212,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $3,800,000 -3.8% $632 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $3,950,000 -- $657 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,905 $117,640 $3,710 $113,930
2024 $4,196 $100,780 $3,120 $97,660
2023 $4,196 $104,460 $3,230 $101,230
2022 $3,585 $108,360 $3,350 $105,010
2021 $3,606 $87,660 $2,970 $84,690
2020 $3,440 $86,240 $2,810 $83,430
2019 $3,297 $86,240 $2,810 $83,430
2018 $3,268 $85,590 $5,370 $80,220
2017 $3,200 $85,590 $5,370 $80,220
2016 $3,014 $87,430 $5,760 $81,670
2015 $2,672 $87,430 $5,760 $81,670
2014 $2,672 $79,410 $5,750 $73,660
2013 -- $79,410 $5,750 $73,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797458

Colorado Real Estate Network (CREN)

APN: R417676