42570-42575 Highway 550
$4,400,000
4
4
1
4,025
4,025
$1,093
Virtual Tour
Description
Discover the extraordinary charm of Almostaranch, a unique multi-use property nestled in the breathtaking North Valley of Durango, CO. This stunning estate borders 203 acres of State of Colorado Land and is seamlessly connected to the San Juan National Forest. It’s a stone’s throw from Haviland Lake and Electra Lake, making it a nature lover’s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Club’s exceptional golf and fitness center. Here, every...Discover the extraordinary charm of Almostaranch, a unique multi-use property nestled in the breathtaking North Valley of Durango, CO. This stunning estate borders 203 acres of State of Colorado Land and is seamlessly connected to the San Juan National Forest. It’s a stone’s throw from Haviland Lake and Electra Lake, making it a nature lover’s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Club’s exceptional golf and fitness center. Here, every adventure awaits—from hiking, biking, and paddleboarding to jeeping and hunting—right in your own backyard! The main residence is a beautifully crafted log home built in 2005, designed with an open floor plan that flows seamlessly between the well-appointed kitchen and the spacious living and dining areas. Perfect for families and entertaining guests, it features a stone fireplace and a dedicated office with picturesque views the lake. Have fun hosting gatherings year-round in the recently added enclosed back patio—ideal for watching the big game, grilling your favorites, and observing the abundant wildlife that visits. This property also boasts a generous carport, connecting to an impressive 6+ car garage complete with RV parking and pull-through options. For hobbies and projects, a dedicated shop with its own stove awaits. Above the garage, a comfy caretaker's home offers two bedrooms and one bath, complete with a deck for enjoying the stunning surroundings. Almostaranch is not only a stunning family residence but also a lucrative income-generating opportunity, currently yielding over $10,000 a month with the potential to double that revenue. The property includes 4 condo units: three are rented month-to-month, while one operates as a highly profitable VRBO, significantly enhancing rental income. Additionally, an old lodge with three apartments, two RV pads with full hookups, and another caretaker unit complete this remarkable investment. Other features include a picturesque stream/pond, a barn, and a shed, ensuring plenty of space to explore and enjoy. Moreover, the main house maintains its privacy from the rental units, making it a serene retreat. The potential here is limitless! Almostaranch has potential to transform into a wedding venue, family retreat, or corporate getaway. Please note that while the investment side of the property can be sold separately, the main residence will not be offered independently. Don't miss your chance to own this unique property that promises both adventure and income in the stunning outdoors of Durango! Please be aware this property would need to be cash or commercial loan.
- Listed by Andy Langefels • Legacy Properties West Sotheby's Int. Realty
Property Details for 42570-42575 Highway 550
Water Front
Yes
ZoningOther
ViewsMountains, Valley, Lake/Pond/Reservoir
WaterfrontLake/Reservoir, Seasonal Stream/Spring
Subdv NameBear Ranch
LISTING UPDATED: 10/23/2024 08:11 PM
Property Details for 42570-42575 Highway 550
Status | Active |
---|---|
MLS # | 818630 |
Days on Market | 74 |
Taxes | $2,914 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Stick Built |
Year Built | 2005 |
Lot Size | 10.82 AC / 471,319 SF |
County | La Plata County |
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Building Information for 42570-42575 Highway 550
Stories1Year Built2005Building Size-Lot Size10.82 AC / 471,319 SF
Property Information for 42570-42575 Highway 550
Property History for 42570-42575 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.
Schools near 42570-42575 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 |
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Animas Valley Elementary School PublicPK to 5 | ||
Miller Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
Colorado Connections Academy @ Durango 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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