486 Marys Road

Ridgway, CO 81432

$1,345,000
Price
4
Beds
3
Baths
2,512 Sq. Ft.
$535 / Sq. Ft.
2,512
Sq. Ft.
$535
per Sq. Ft.

Description

PRICE IS NEGOTIABLE - MUST CLOSE BEFORE JAN 1ST FOR LICENSE TO TRANSFER - County is changing regulations on transfers. Are you looking for a house that is instantly ready to go for you? This one of a kind home offers a turn-key solution to your dream of owning a home with substantial earning potential while allowing you to live in the San Juans. This house was a diamond in the rough in its past life, but the current owners have painstakingly converted it into a very profitable, beautiful home. Located...PRICE IS NEGOTIABLE - MUST CLOSE BEFORE JAN 1ST FOR LICENSE TO TRANSFER - County is changing regulations on transfers. Are you looking for a house that is instantly ready to go for you? This one of a kind home offers a turn-key solution to your dream of owning a home with substantial earning potential while allowing you to live in the San Juans. This house was a diamond in the rough in its past life, but the current owners have painstakingly converted it into a very profitable, beautiful home. Located in the quiet neighborhood of Idlewild, the home sits exactly between the towns of Ouray and Ridgway and is only 45 minutes to world class skiing in the town of Telluride. Your new home sits on 2.2 acres of stunning prime Colorado land with red cliffs soaring above you to the East and to the West, views of Mt. Abrams to the South and gorgeous Alpenglow skies to the North with the sunsets. The roof, windows, floors, plumbing, septic, electrical, appliances, heating and anything else you can think of, have all been upgraded, rebuilt, replaced and loved. For those that need a little entertainment in the summer, watch the soap operas unfold with the coming and goings of the campground just below the house. The main unit consists of the two upper levels, beautifully remodeled with a rustic and cozy charm. The main level boasts two large bedrooms, a full bath and a large open concept living/kitchen area with a vaulted ceiling featuring an 80in TV nestled above the floor-to-ceiling stone fireplace with a wood burning stove as well as a large wrap around deck to enjoy outdoor dining and stunning views. Take a walk up the hand crafted stairs to the third floor and the huge master suite with a private loft and natural stone shower. This unit has always been used as a Short Term Rental (STR) and the license is transferable to the new owner. There are currently 260 or more 5-Star reviews for this AirBnb and the calendar is constantly booked well into the next year. Let this established money maker do all the hard work for you. The current owner will work with the new buyers to transfer all existing reservations to you. All furniture and supplies needed to operate as an STR can be included if purchased before December 31. Downstairs you will find a separate 1 bedroom, 950 sqft home that has also been remodeled, boasting a large master bedroom, large custom shower and a wood burning stove that will leave you relaxed on a cool winter evening. This unit is currently leased long term, but would make for a great owner's quarters as well. Live in one unit and let the other pay your mortgage for you. Don't overlook this one - homes that pay for themselves in this area are hard to come by!
  1. Listed by Marc Hitchcox • NextHome Virtual

Property Details for 486 Marys Road

Water Front
No
Views
Mountains
Subdv Name
Idlewild Estate
LISTING UPDATED: 11/11/2024 02:04 PM

Property Details for 486 Marys Road

StatusActive
MLS #818366
Days on Market56
Taxes$2,242 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1978
Lot Size2.20 AC / 95,832 SF
CountyOuray County

Building Information for 486 Marys Road

Stories-Year Built1978Building Size-Lot Size2.20 AC / 95,832 SF

Property Information for 486 Marys Road

Summary
Location and General Information
  • Year Remodeled: 2020
  • Directions: From Ouray head north to County Road 23, turn toward and go past the KOA campground, turn left on Marys Road, go up the hill and property is on the left once it levels out. Total of 4.5 miles from Ouray.
Owner
  • Owner Name: Hugi
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8
  • High School: Ridgway 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Other Transfer Fees Y/N: No
  • Tax Year: 2023
  • Total Taxes $: 2241.78
Property
Property and Assessments
  • Domestic Water Source: Public
  • Domestic Sewer Source: Septic System
  • FIPS Code: 08091
  • Legal/Lot Block: IDLEWILD ESTATES Lot: 7 FILING #1
  • Foreign Owned Y/N: No
  • Photo Count: 35
  • New Construction Y/N: No
  • Livestock Allowed: Horses, Poultry, Sheep
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Residential
  • Possible Property Use: Agriculture, Residential
  • Parcel ID #: 4.51711205029E11
  • SqFt Source: Appraisal
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
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Heater: Gas Water Heater
  • Addit Living Quarters: No
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 2
  • 1/4 Baths: 0
  • Total Bathrooms: 3.00
  • Primary Bedroom Level: Upper Level
  • Dining: Breakfast Nook
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Furnished
  • Florring: Laminate, Tile
  • Foundation/ Basement: Slab
  • Heating Fuel/Source: Natural Gas, Wood
  • Cooling: Window A/C Unit(s)
  • Appliance Inclusions: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Heating System: Hot Water Baseboard, Wood Stove
  • Interior Inclusion: Wood Stove, All Furnishings, Cathedral Ceiling, Ceiling Fan(s)
  • Fireplace/Location/ Type: Living Room
Exterior Features
  • Residence Style: Contemporary
  • Construction Type: Wood Frame
  • Roof: Metal
  • Exterior Inclusions: Deck, Gas Grill, Landscaping, Shed/Storage
  • Siding: Wood
  • Exterior Structures: Storage Container

Property History for 486 Marys Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 486 Marys Road

Taxable ValueLand$11,510Additions$33,010Total$44,520
Tax Record2023$2,242 ($187 / month)
Home Facts
Beds4Total Finished SqFt2,272 SqFtAbove Grade Finished SqFt2,272 SqFtLot Size95,832 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated2000CountyOURAYAPN451711205029

Schools near 486 Marys Road

This home is within Ouray R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Ouray Elementary School
PublicPK to 4

Ouray Middle School
Public5 to 8

Ouray Senior High School
Public9 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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486 Marys Road is a single family home for sale in Ridgway, CO 81432. This property was listed for sale on September 26, 2024 by NextHome Virtual, it's currently listed at $1,345,000. It has been on the market for a total of 56 days and was last sold on October 18, 2017. This listing's school district is Ouray R-1 School District. Nearby schools include Ouray Elementary School, Ouray Middle School and Ouray Senior High School. 486 Marys Road is a 4-bed, 3-bath, 2,512 sqft single family home built in 1978.

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 NextHome Virtual, Marc Hitchcox

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.