Estimated payment $3,744/month
Highlights
- Mountain View
- Wood Burning Stove
- Vaulted Ceiling
- Deck
- Living Room with Fireplace
- 1-minute walk to Ouray Ice Park
About This Home
One of the best investment properties available in Ouray County, Colorado! Whether you're looking for a strategic landing spot for your 1031 exchange funds or a secure, low-maintenance real estate investment, this turn-key Ouray condo delivers. Ideally located in the heart of downtown Ouray—just behind the ever-popular Timberline Deli—you’re tucked away just enough to enjoy privacy and quiet, yet steps from Main Street, hiking trails, and all the charm the "Switzerland of America" has to offer. Wide steps from the Timberline patio lead you up to a bright and welcoming covered front porch with beautiful western views of the iconic Rock of Ages. Inside, you’ll find a sun-filled living and dining area featuring hardwood floors, a wood-burning stove, and soaring ceilings that create an open, airy feel. The smart layout offers generous space and natural light throughout. Fully remodeled just a few years ago, this two-bedroom, two-bath condo includes a stylish kitchen and modern finishes, making it perfect for full-time living, a weekend getaway, or a live-work setup. It's currently leased to ideal long-term tenants through May 2026, giving you immediate and reliable income. For those seeking short-term rental potential, it may be eligible for STR use pending City of Ouray approval and license availability. Additional highlights include dedicated off-street parking behind the building, plus a private one-car garage (southernmost bay off the alley) for added convenience. The well-managed, small HOA handles exterior maintenance, making this a hassle-free ownership opportunity whether you're local or out of town. Relax on your peaceful back deck and take in breathtaking views of the Amphitheater, especially vibrant during fall’s color change. This rare Ouray condo is move-in ready and ideally suited for year-round living, seasonal retreats, or smart investment income. Don’t miss your chance—schedule your private showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,854
Year Built
- Built in 1982 | Remodeled in 2019
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Concrete Foundation
- Composition Roof
- Siding
Interior Spaces
- 1,482 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Burning Stove
- Double Pane Windows
- Window Treatments
- Living Room with Fireplace
- Combination Dining and Living Room
- Mountain Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Balcony
- Deck
Schools
- Ouray K-6 Elementary School
- Ouray 7-8 Middle School
- Ouray 9-12 High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Phone Available
Community Details
- Association fees include building maintenance, insurance, landscaping, trash, snow removal, parking, common area taxes
- Spaulding Building HOA
Listing and Financial Details
- Assessor Parcel Number 451531231002
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,855 | $29,870 | $0 | $29,870 |
| 2023 | $1,855 | $32,870 | $0 | $32,870 |
| 2022 | $1,609 | $25,760 | $0 | $25,760 |
| 2021 | $1,644 | $26,500 | $0 | $26,500 |
| 2020 | $1,210 | $21,740 | $0 | $21,740 |
| 2019 | $1,210 | $19,690 | $0 | $19,690 |
| 2018 | $1,039 | $16,520 | $0 | $16,520 |
| 2017 | $1,030 | $16,520 | $0 | $16,520 |
| 2016 | $1,043 | $18,260 | $0 | $18,260 |
| 2015 | -- | $18,260 | $0 | $18,260 |
| 2012 | -- | $21,550 | $0 | $21,550 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | For Sale | $626,800 | -- | $423 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Special Warranty Deed | $173,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | Commercial | |
| Previous Owner | $40,000 | Commercial | |
| Previous Owner | $164,000 | Purchase Money Mortgage | |
| Previous Owner | $225,000 | New Conventional |
Source: Colorado Real Estate Network (CREN)
MLS Number: 826769
APN: R004926
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