450 Rosalie Drive

Description

# 450 Rosalie Drive | Durango, CO 3 Acres | Backing National Forest | Full Remodel Opportunity Set among towering pine and aspen trees, 450 Rosalie Drive offers a rare blend of privacy, land, and opportunity in Durango. This 3-bedroom, 2-bath manufactured home (purged to foundation) sits on 3 usable acres and directly borders 40 acres of National Forest—creating a true edge-of-the-world feel with unmatched access to outdoor recreation right from your backyard. The home is currently in an active remodel stage and has already undergone significant foundational and system upgrades, providing a strong head start for the next owner. Recent improvements include new water lines throughout (3/4” main lines and 1/2” feeder lines), a new electrical panel with partial updated wiring, all outlets, and switches replaced, and leveled sistered floor joists, rim board subfloor leveling partial replacement, and partial framing corrections. New insulation has been installed in the bathrooms, kitchen, and dining areas. Additional upgrades include professionally installed Coeur d’Alene vinyl windows, bringing in natural light and improving efficiency throughout the home. New sheetrock is in place and ready for tape, texture, and finish work. The vision for completion includes a clean, mountain modern finish with skim coat walls throughout, full interior paint, custom kitchen and bathrooms, and updated flooring - allowing the next owner to fully tailor the final design and finishes. With approximately 1,480 square feet, this property is ideal for someone looking to take over a nearly structured renovation and bring it across the finish line. Whether you're an end user wanting to customize your mountain home or an investor seeking a value-add opportunity, the upside here is significant. Estimated after-repair value (ARV) is $375,000–$400,000 depending on level of finish and furnishings. Opportunities with land, privacy, and this level of structural progress - backing National Forest in Durango - are increasingly rare.