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42570 & 42575 N Highway 550

Durango, CO 81301
  • $4,400,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 818630
UPDATED: 47 min ago
$4,400,000
  • 4
    BEDS
  • 10.82
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,025
    SQFT
  • $1,093
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2005
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Legacy Properties West Sotheby's Int. Realty: 970-624-0444.


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. Its a stones throw from Haviland Lake and Electra Lake, making it a nature lovers paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Clubs 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.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-11-14T21:56:41.727.
www.durangomountainrealty.com/homes/156544964
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42570 & 42575 N Highway 550 Durango, CO 81301

  • Price: $4,400,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 47 min ago
  • MLS #: 818630
4
Beds
4
Baths
0
½ Baths
10.82
Acres
4,025
SQFT
$1,093
$/SQFT
2005
Built
Neighborhood:
Bear Ranch
County:
La Plata
Area:
Durango Rural
Elementary School:
Animas Valley K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property 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. Its a stones throw from Haviland Lake and Electra Lake, making it a nature lovers paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Clubs 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.
Exterior Features

Acreage Range 10 - 19.99 Carport Yes Carport Spaces 4 Exterior Structures BarnGarageGuest HouseRV/Boat ShelterShedWorkshop Garage Yes Garage Type Attached Garage Property Attached Yes Property Description Borders National ForestBorders Public Land Roof Metal Sewer Source Septic System Siding Wood Stories One Story Street Description Shared DriveState Highway Style Log Views Lake/Pond/ReservoirMountainsValley Water Source Domestic Well Water Well No Waterfront Lake/ReservoirSeasonal Stream/Spring Waterfront YN Yes

Interior Features

Additional Living Quarters Yes Appliance Inclusions DishwasherDisposalExhaust FanIndoor GrillMicrowaveRange/OvenRefrigeratorWasher Dining Eat-in KitchenLiving Room Dining Fireplace Living Room Flooring Carpet-PartialHardwoodTile Heating Fuel Source Propane Heating System Floor Radiant Interior Inclusions Window CoveringsWalk In ClosetMud RoomHeated Garage Master Bedroom Level Main Level One Quarter Baths 1 Total Office Dens 0

Property Features

Current Use Residential Green Certification No Hoa No Livestock Allowed Horses New Construction YN No Possible Property Use Mixed-UseMountain RecreationResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2024 Total Taxes 2913.76 Water Rights No Zoning Other

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-11-14T21:56:41.727.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Legacy Properties West Sotheby's Int. Realty: 970-624-0444.