$1,725,000
$125K PRICE DROP

645 2nd St Ouray, CO 81427

Estimated payment $10,650/month

Total Views 12,765
5 Beds
3.5 Baths
2,675 Sq Ft
$645 Price per Sq Ft

Highlights

  • Mountain View
  • Wood Flooring
  • Corner Lot
  • Deck
  • Victorian Architecture
  • 2-minute walk to Ouray Ice Park

About This Home

This fully remodeled 120-year-old gem seamlessly blends historic character with modern elegance, all in one of Ouray’s most sought-after locations. Ideally situated just across from the iconic Western Hotel and within easy walking distance to the town’s charming shops, restaurants, and hot springs, this exceptional property offers the best of both past and present. Step inside to discover original architectural details lovingly preserved—solid wood doors, intricate trim work, vintage fixtures, and gorgeous hardwood floors—enhanced by tasteful, high-end updates throughout. The gourmet kitchen is a chef’s dream, featuring custom cabinetry, granite countertops, and top-of-the-line stainless steel appliances, opening into spacious living areas perfect for entertaining or relaxing in style. With five generous bedrooms and 3.5 thoughtfully appointed bathrooms, the home is designed for comfort and flexibility. The main-floor en-suite includes a fully ADA-compliant bath, offering accessible luxury, while the upstairs primary suite provides a peaceful retreat with its private outdoor deck and spa-like bathroom, complete with a classic clawfoot soaking tub. Step outside to a beautifully landscaped yard featuring a welcoming patio and cozy fire pit—ideal for gathering under the Colorado sky. In addition to its residential charm, this property is a proven income-generating powerhouse. Zoned for commercial use, it has operated as a highly successful luxury vacation rental, consistently earning top ratings and praise. Ranked in the top 1% of all homes on Airbnb, it has been celebrated by guests as one of the platform’s “most loved homes”—a testament to its unique character, impeccable design, and unforgettable guest experience. Offered fully furnished and meticulously decorated, this turn-key property is ready for its next chapter—whether as a cherished private home, a lucrative vacation rental, or both. Don’t miss this rare opportunity to own a piece of Ouray’s rich history—elegantly reimagined for modern living and exceptional hospitality.

Listing Agent

Peggy Lindsey

Ouray Real Estate Corporation Listed on: 05/15/2025

Co-Listing Agent

Kayla Karsh

Ouray Real Estate Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,017

Year Built

  • Built in 1902 | Remodeled in 20223

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Property is zoned Commercial

Home Design

  • Victorian Architecture
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Formal Dining Room
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Ouray K-6 Elementary School
  • Ouray 7-8 Middle School
  • Ouray 9-12 High School

Utilities

  • Vented Exhaust Fan
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 451531208002

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,017

Year Built

Built in 1902 | Remodeled in 20223

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Estimated Total Acres: 0.08
  • Class: RESIDENTIAL
  • Elevation: 7700
  • Em Deposit: 20000
  • Em Holder: land title
  • Exterior Inclusions: Landscaping, Deck, Lawn Sprinklers, Covered Porch
  • Interior Inclusions: Window Coverings, All Furnishings, Ceiling Fan(s), W/D Hookup, Granite Counters
  • Legal Lot Block: Subd: JOHNSON SUBD Lot: A S: 31 T: 44 R: 7
  • Lot Dimension: 3750 feet
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 451531208002
  • Price Per Sq Ft: 644.86
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 4515-312-08-002
  • Residence Stories: Two Story
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Siding: Wood
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Zoning: Commercial
  • Type: Stick Built
  • Internet Provider: Clearnetworx
  • Internet Service: Yes
  • Total Taxes Dollar: 15017
  • Year Built: 1902
  • Year Renovated: 20223
  • Foreign Owned Y N: No
  • Prop Description Remarks: This fully remodeled 120-year-old gem seamlessly blends historic character with modern elegance, all in one of Ouray’s most sought-after locations. Ideally situated just across from the iconic Western Hotel and within easy walking distance to the town’s charming shops, restaurants, and hot springs, this exceptional property offers the best of both past and present. Step inside to discover original architectural details lovingly preserved—solid wood doors, intricate trim work, vintage fixtures, and gorgeous hardwood floors—enhanced by tasteful, high-end updates throughout. The gourmet kitchen is a chef’s dream, featuring custom cabinetry, granite countertops, and top-of-the-line stainless steel appliances, opening into spacious living areas perfect for entertaining or relaxing in style. With five generous bedrooms and 3.5 thoughtfully appointed bathrooms, the home is designed for comfort and flexibility. The main-floor en-suite includes a fully ADA-compliant bath, offering accessible luxury, while the upstairs primary suite provides a peaceful retreat with its private outdoor deck and spa-like bathroom, complete with a classic clawfoot soaking tub. Step outside to a beautifully landscaped yard featuring a welcoming patio and cozy fire pit—ideal for gathering under the Colorado sky. In addition to its residential charm, this property is a proven income-generating powerhouse. Zoned for commercial use, it has operated as a highly successful luxury vacation rental, consistently earning top ratings and praise. Ranked in the top 1% of all homes on Airbnb, it has been celebrated by guests as one of the platform’s “most loved homes”—a testament to its unique character, impeccable design, and unforgettable guest experience. Offered fully furnished and meticulously decorated, this turn-key property is ready for its next chapter—whether as a cherished private home, a lucrative vacation rental, or both. Don’t miss this rare opportunity to own a piece of Ouray’s rich history—elegantly reimagined for modern living and exceptional hospitality.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Eat-in Kitchen, Separate Dining
  • Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Estimated Total Sq Ft: 2675
  • Basement Sq Ft: 390
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Foundation: Basement-below grade, Basement-partial finish
  • Main Level Sq Ft: 1621
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0
  • Upper Level Sq Ft: 1055

Exterior Features

  • Windows: Double Pane, Wood
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Boiler
  • Sewer Supplier: City of Ouray
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Ouray

Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray 9-12
  • High School: Ouray 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8

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

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
2024 $14,925 $240,390 $26,520 $213,870
2023 $14,925 $61,230 $6,330 $54,900
2022 $2,367 $37,890 $5,450 $32,440
2021 $2,417 $38,970 $5,600 $33,370
2020 $1,909 $31,070 $5,630 $25,440
2019 $1,909 $31,070 $5,630 $25,440
2018 $1,711 $27,200 $5,130 $22,070
2017 $1,472 $23,600 $5,130 $18,470
2016 $1,323 $23,160 $5,670 $17,490
2015 -- $66,770 $20,660 $46,110
2012 -- $63,380 $27,520 $35,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,725,000 -6.8% $645 / Sq Ft
05/15/2025 05/15/25 For Sale $1,850,000 +117.6% $692 / Sq Ft
09/27/2022 09/27/22 Sold $850,000 -14.9% $334 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $999,000 -- $392 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- Servicelink
Warranty Deed $850,000 None Listed On Document
Warranty Deed $370,000 Land Title Guarantee Company
Quit Claim Deed -- Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Closed $637,500 Balloon
Previous Owner $1,125,000 Credit Line Revolving
Previous Owner $555,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $306,283 Purchase Money Mortgage
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 824114

Colorado Real Estate Network (CREN)

APN: R001058