Active
1255 County Road 207
Durango CO, 81301
$4,750,000
$896.40 per sqft
Active
4 Beds
5 Baths
5,299 sqft
Residential
Built in 2019
Listed by Erin Eicher with RE/MAX Pinnacle 970-903-3323
Within highly sought-after Durango, Colorado, known for its beauty and as an outdoor playground, lies an unparalleled mountain contemporary home on 4.2 acres, irrigated with water rights. This fully furnished main home is across from the national forest entrance and backs to BLM land with surrounding mountain views less than 10 minutes to downtown Durango. Meticulously maintained, the property offers a park-like setting, pond, she-shed, an attached 2-car garage, and additional detached 2-car garage with large workshop (4 cars total). With endless outdoor event parking for those who like to host, you can enjoy a stunning outdoor custom patio with a fire pit perched on the bank of Lightner Creek. The main house was constructed in 2019, and boasts 5,299 square feet, offering custom finishes and design. Each floor is self-contained, offering the perfect situation for guests, mother-in-law quarters, or revenue potential for short term vacation rentals. If you're seeking a second home and looking to capitalize on a higher return on your investment, this profitable compound is an opportunity for a savvy investor and has room to grow. The main home is nestled behind the creek and in the privacy of the tree line and opens up to two remodeled duplexes that are fully rented and gross $79,560 annually with 4 units, totaling 2,812 sq ft. Projections available for short term rental income estimated at $200k -$250k/year. Come experience all Durango has to offer. Live.....Play.....Invest.
817343
MLSⓇ ID
August 23, 2024
Listed
November 22, 2024
Updated
Map
1255 County Road 207
Durango CO, 81301
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Interior Features
Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, Furnished, Kitchen Island, Main Level Primary
Appliances
Convection Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
Floor Description
Hardwood, Partially Carpeted, Tile
Fireplace
Yes
Fireplace Description
Bedroom, Family Room, Gas Starter, Living Room, Wood Burning Stove
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Fireplace(s), Propane, Wood, Wood Stove
Exterior/Building Features
Lot Size
4.2 Acres
Exterior Features
Deck, Sprinkler/Irrigation, Landscaping, Porch, Patio, Shed, Propane Tank - Leased
Lot Features
Adjacent To Public Land, Adjacent To Open Space, Easement
Architectual Style
Contemporary, Modern
Roof
Architectural, Shingle
Sewer
Septic Tank
School Information
High School
Durango 9-12
Elementary School
Park K-5
Other Property Details
Area Name
Durango Rural
Taxes
$4,403
Tax Frequency
Annually
Days on Market
86
Garage
Yes
Garage Spaces
4
Parking
Attached, Garage
View
Yes
View Description
Mountain(s), River, Valley, Water
County
La Plata
Water Source
Well
Pool
No
Waterfront
Yes
Listed by Erin Eicher with RE/MAX Pinnacle 970-903-3323
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Data last updated on: 11/22/2024