$2,800,000
$601K PRICE DROP

71450 U S 550 Silverton, CO 81433

Estimated payment $15,145/month

Total Views 2,770
Studio
10 Baths
6,234 Sq Ft
$449 Price per Sq Ft

Highlights

  • Mountain View
  • Furnished
  • Property is near a preserve or public land
  • Wood Flooring

About This Home

This home is located at 71450 U S 550, Silverton, CO 81433 and is currently priced at $2,800,000, approximately $449 per square foot. This property was built in 1924. 71450 U S 550 is a home located in San Juan County with nearby schools including Silverton Elementary School, Silverton Middle School, and Silverton High School.

Listing Agent

Melissa Childs

Stellar Mountain Properties Ltd. Listed on: 01/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,913

Year Built

  • Built in 1924

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 227' x 900'

Parking

  • 19 to 30 Parking Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 6,234 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Mountain Views

Flooring

  • Wood
  • Carpet
  • Tile

Schools

  • Silverton K-5 Elementary School
  • Silverton 6-8 Middle School
  • Silverton 9-12 High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 48270000010142

Community Details

Overview

  • 7 Units
  • Property is near a preserve or public land

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,913

Year Built

Built in 1924

Lot Details

2 Acres

Listing Details

  • Estimated Total Acres: 2
  • Class: Multifamily
  • Em Deposit: 20000
  • Em Holder: title co.
  • Legal Lot Block: Part of SILVERTON PLACER - 14665 more particularly described as that portion of the SILVERTON PLACER MINING CLAIM, U.S. SurveyNo. 14665, Animas Mining District, San Juan County,Colorado, which liesNorth of U.S. Highway 550 andEast of a line beginning at a point which lies on theNorth boundary line of Silverton Placer and is 900feet from point number 4 of the Silverton Placer as shown in Pages No. 18 and 19of the plat book of theClerk and Recorder of San JuanCounty, Colorado, and extending South 23 30' West
  • Lot Dimension: 227' x 900'
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 48270000010142
  • Price Per Sq Ft: 449.15
  • Property Description: Borders Public Land
  • Residence Stories: Three Story
  • Sale/Rent: For Sale
  • Street Descriptionaccess: State Highway
  • Domestic Water Sewer: Well
  • Heating Fuelsystem: Electric, Propane, Wood
  • Metered: Metered for Electricity, Metered for Gas
  • Multi Story: Yes
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 1
  • Total Taxes Dollar: 6,913
  • Year Built: 1924
  • Prop Description Remarks: This is an extraordinary opportunity to own a one-of-a-kind lodging and event venue just outside the vibrant mountain town of Silverton. Originally built in 1924 as a roadside hotel, bar, and restaurant, the Columbine Roadhouse has been thoughtfully reimagined into a boutique hotel and event space, with the potential to evolve into a true destination resort combining both refined indoor accommodations and upscale outdoor lodging. The main level features a private residence, a full-service bar, and a welcoming hospitality area for guests. The second floor offers four newly remodeled hotel rooms, each with a private bath, along with an expansive 800 sq ft guest suite and a laundry area. The third level includes a versatile 600 sq ft apartment/hostel/bunk room complete with a kitchenette and full bathroom. The outdoor event space is a true showstopper, designed for memorable gatherings and live entertainment. It includes a 600 sq ft timber-framed bar, a matching 600 sq ft covered stage with an equipment room, a 200 sq ft commercial kitchen, men’s and women’s restrooms, and a dedicated ATM room. The glamping component of this potential resort includes multiple tent platforms, a small residential cabin, and a new bathhouse scheduled for completion by spring 2026. There is additional capacity to expand with more glamping tents and RV sites, further enhancing the property’s appeal as a high-end, experience-driven destination. Set on two private acres bordering National Forest, the property offers direct trail access and sweeping panoramic views in every direction. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from significant tax advantages, including state income tax credits and sales/use tax exemptions—adding substantial long-term value. The Columbine Roadhouse is a rare and exciting opportunity for savvy entrepreneurs and creative investors seeking to create a distinctive destination resort in one of Colorado’s most iconic mountain settings. Seller financing available. Showings by appointment to qualified buyers only
  • Subdv Name: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1075

Interior Features

  • Flooring: Carpet, Wood, Tile
  • Estimated Total Sq Ft: 6234
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 10
  • Total Office Den: 0

Exterior Features

  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Parking: 20+ Total Spaces

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Silverton LP Gas
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 45368-F

Schools

  • High School: Silverton 9-12

Rental Info

  • Furnished: Furnished

Multi Family

  • No. of Units: 7

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Price Changed $2,800,000 -17.7% $449 / Sq Ft
01/29/2025 01/29/25 For Sale $3,401,000 -- $546 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 820809

Colorado Real Estate Network (CREN)
Colorado San Juan County Silverton 81433

71450 U S 550, Silverton, CO

For Sale

MultiFamily

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Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Melissa Childs
Listing Agent
Melissa Childs
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Stellar Mountain Properties Ltd.
(970) 341-2755
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