$516,000
$91K PRICE DROP

TBD Sherman St Ridgway, CO 81432

Estimated payment $3,395/month

Total Views 8,465
0.29 Acre
$1,779,310 Price per Acre
12,632 Sq Ft Lot

Highlights

  • Mountain View
  • Ridgway Elementary School Rated A-
  • 3-minute walk to Ridgway Town Park

About This Lot

Primely located as you enter Ridgway, this lot is ideal for any number of possibilities. Featuring unparallelled visibility for the investor or an oversized lot in which to build your dream downtown home steps away from shops and restaurants. Downtown Service District zoning of this property allows for both residential and business use. An investor might imagine multi unit residential, mix in some retail, commercial or professional office suites. A home buyer might imagine their perfect home with extensive yard and ADU. The options are endless with this unique location in a charming town of growing opportunity.

Listing Agent

Polly Leach Lychee

Telluride Properties LLC Listed on: 08/11/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,140

Lot Details

  • 0.29 Acre Lot
  • Property is zoned Commercial

Property Views

  • Mountain Views

Schools

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

Utilities

  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • Town Of Ridgway Subdivision

Listing and Financial Details

  • Security Deposit $30,350
  • Assessor Parcel Number 456318203005

Property Details

Property Type

Land

Est. Annual Taxes

$6,140

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Alpine
  • Legal Lot Block: Town Of Ridgway Lot 1, Lot 2, Lot 3, and a partial section (+/- 1175 Sq Ft tbd in final survey) of Lot 4.
  • Lot Size Acreage: .25-.5 Acres
  • Parcel Id Number: 456318203005
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Tax Account Id: R001814
  • Zoning: Commercial, Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 0.29
  • Current Property Use: Residential Single Family
  • Em Deposit: 30,350
  • Possible Property Use: Commercial, Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 1779310.34
  • Price per Sq Ft: 40.85
  • Sewerseptic In: Yes
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 6140
  • Prop Description Remarks: Primely located as you enter Ridgway, this lot is ideal for any number of possibilities. Featuring unparallelled visibility for the investor or an oversized lot in which to build your dream downtown home steps away from shops and restaurants. Downtown Service District zoning of this property allows for both residential and business use. An investor might imagine multi unit residential, mix in some retail, commercial or professional office suites. A home buyer might imagine their perfect home with extensive yard and ADU. The options are endless with this unique location in a charming town of growing opportunity.
  • Subdv Name: Town of Ridgway
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity, Phone, Natural Gas, Cable Tv
  • Water Supplier: Town Of Ridgway

Schools

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

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 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
02/20/2025 02/20/25 Price Changed $516,000 -15.0% --
08/11/2024 08/11/24 For Sale $607,000 -- --
Source: Colorado Real Estate Network (CREN)

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Source: Colorado Real Estate Network (CREN)

MLS Number: 816990

Colorado Real Estate Network (CREN)