42570 Highway 550

Durango, CO 81301

$1,700,000
Price
Beds
9
Baths
3
1/2 Baths
7,838 Sq. Ft.
$217 / Sq. Ft.
7,838
Sq. Ft.
$217
per Sq. Ft.

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! Almostaranch is not only a stunning family residence but also a lucrative income-generating opportunity, currently yielding over $10,000 a month 113k net with the potential to double that revenue. The property includes 4 condo’s units: three are rented month-to-month, while one operates as a highly profitable VRBO that doubles the income of the monthly rentals, significantly enhancing rental income. Additionally, an old lodge with three apartments, These units serve a much need low rent option for those in The North Valley. These units produce over 4k a month. Most value is in the land, but you could keep them as is or put some limited money into them and gain more rent. The building is old and needs it’s share of work. Somone may just remove this structure and build a house and gain income that way off 1 unit. 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. Entire property with main home is listed mls 818630. Don't miss your chance to own this unique property that promises both adventure and income in the stunning outdoors of Durango!
  1. Listed by Andy Langefels • Legacy Properties West Sotheby's Int. Realty

Property Details for 42570 Highway 550

Water Front
No
Zoning
Other, Residential
Views
Mountains, Valley
Subdv Name
None
LISTING UPDATED: 10/23/2024 08:10 PM

Property Details for 42570 Highway 550

StatusActive
MLS #818648
Days on Market38
Taxes$2,709 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Other
Year Built1982
Lot Size4.04 AC / 175,982 SF
CountyLa Plata County

Virtual Tour

Building Information for 42570 Highway 550

Stories5Residences7Year Built1982Building Size-Lot Size4.04 AC / 175,982 SF

Property Information for 42570 Highway 550

Summary
Location and General Information
  • Directions: Durango North HWY 550. Turn in at almostaranch. Do not drive to house.
Owner
  • Owner Name: almostaranch llc
Parking
  • Carport Y/N: No
  • Garage Y/N: No
  • Parking Spaces: 20
  • PARKING: 2 per unit
School Information
  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 2709.24
Virtual Tour
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Tract: B 42570 N US HWY 550 DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: E DESC: PHASE A BEAR RANCH CONDO 42570 N US HWY 550 #E DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: F DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #F DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: G DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #G DURANGO 81301 and Subdivision: BEAR RANCH CONDO Unit: G DESC: PHASE A, BEAR RANCH CONDO 42570 N US HWY 550 #G DURANGO 81301
  • Photo Count: 35
  • New Construction Y/N: No
  • Disclosures: Covenants, Pets Allowed
  • Covenants Y/N: NO
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 2-4.99
  • Well Permit #: 235539
  • Parcel ID #: 5.3252640003E11
  • Property Description: Borders Public Land, Golf Course Near
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Domestic Water/Sewer: Other Water/Sewer
  • Water Well: Yes
Multi Family
Multi-Family Information
  • # of Units: 7
  • Residence Stories: Three Story, Two Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 3
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 12.00
  • Primary Bedroom: Upper Level
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
  • Florring: Carpet, Laminate, Tile
Exterior Features
  • Horse Setup: No
  • Residence Style: Other
  • Roof: Metal
  • Siding: Masonite, Wood

Property History for 42570 Highway 550

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42570 Highway 550

Taxable ValueLand$7,760Additions$18,690Total$26,450
Tax Record2023$1,111 ($93 / month)
Home Facts
Total Finished SqFt3,830 SqFtAbove Grade Finished SqFt3,830 SqFtStories2Lot Size130,680 SqFtStyleDuplexYear Built1978CountyLA PLATAAPN5325-264-00-030Fireplace TypeTwo Story

Schools near 42570 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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42570 Highway 550 is a multi-family home for sale in Durango, CO 81301. This property was listed for sale on October 9, 2024 by Legacy Properties West Sotheby's Int. Realty, it's currently listed at $1,700,000. It has been on the market for a total of 38 days and was last sold on March 4, 2020. This listing's school district is Durango 9-R School District. Nearby schools include Animas Valley Elementary School, Miller Middle School and Durango High School. 42570 Highway 550 is a 0-bed, 10.5-bath, 7,838 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Properties West Sotheby's Int. Realty, Andy Langefels

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.