34341 Highway 550
$989,000
4
4
4,050
4,050
$244
Description
Property Highlights: Spacious Living: Spanning over 4,050 sq. ft., this home includes 4 bedrooms and 4 bathrooms, with additional space provided by three bonus rooms that can be tailored to your needs—ideal as offices, hobby rooms, or play areas. Note that these bonus rooms do not have closets. Flexible Layout: The downstairs bedroom features an en suite bathroom and is conveniently located near a versatile front room with an exterior door. This setup makes it perfect for use as a mother-in-law suite...Property Highlights: Spacious Living: Spanning over 4,050 sq. ft., this home includes 4 bedrooms and 4 bathrooms, with additional space provided by three bonus rooms that can be tailored to your needs—ideal as offices, hobby rooms, or play areas. Note that these bonus rooms do not have closets. Flexible Layout: The downstairs bedroom features an en suite bathroom and is conveniently located near a versatile front room with an exterior door. This setup makes it perfect for use as a mother-in-law suite or second living room. Additionally, a kitchenette and separate utility room with washer and dryer hook-ups enhance the home's functionality. Entertainment and Recreation: Enjoy over 1,000 sq. ft. of deck space perfect for outdoor entertaining, two lighted tennis courts, and the possibility of past equestrian use by previous owners. Living Room Grandeur: Experience the lodge-like atmosphere with a colossal, nearly 1,000 sq. ft. living room boasting a towering fireplace and soaring cathedral ceilings. Development Potential: The property offers exciting commercial and multi-zone possibilities: Develop 24 Condos: Capitalize on the location and develop a condo community. Expand: Negotiate with the county to add two additional houses while retaining the current residence. Private/Single-Family Opportunities: Maintain the property as a luxury estate with its stunning views, tennis courts, and six-car outbuilding. There is ample land to construct a new house for a relative or a loft apartment above a new garage where the tennis courts are currently situated. Tremendous Equity Opportunity: The potential value in this home is enormous. With a complete remodel, there’s tremendous equity to be gained, making this not just a place to live, but a smart financial investment. Additional Features: Current, brand new renovation in progress, new flooring being installed. Quintessential Durango charm with a nearby steam locomotive. Expansive views and serene surroundings. Ideal for both personal enjoyment and investment opportunities. This property is a rare find with its unique blend of luxury, functionality, and development potential. Don’t miss the opportunity to make this extraordinary estate your own.
- Listed by Jason McMillen • Coldwell Banker Distinctive Properties
Property Details for 34341 Highway 550
Water Front
No
Subdv NameNone
LISTING UPDATED: 11/14/2024 11:31 AM
Property Details for 34341 Highway 550
Status | Active |
---|---|
MLS # | 817511 |
Days on Market | 118 |
Taxes | $1,432 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Stick Built |
Year Built | 1978 |
Lot Size | 1.90 AC / 82,764 SF |
County | La Plata County |
Building Information for 34341 Highway 550
Stories-Year Built1978Building Size-Lot Size1.90 AC / 82,764 SF
Property Information for 34341 Highway 550
Property History for 34341 Highway 550
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 34341 Highway 550
Taxable ValueLand$15,440Additions$17,560Total$33,000
Tax Record2023$1,432 ($119 / month)
Home Facts
Beds4Total Finished SqFt4,050 SqFtAbove Grade Finished SqFt4,050 SqFtStories2Lot Size82,764 SqFtStyleSingle Family ResidenceYear Built1978CountyLA PLATAAPN5371-362-00-025
Schools near 34341 Highway 550
This home is within Durango 9-R School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Animas Valley Elementary School PublicPK to 5 | ||
Miller Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
District 9-R Shared School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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