$4,845,000
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1600(2 Parcels) Elk Ridge Unit Park Est Ridgway, CO 81432
Single Family
Residence
4
Beds
5
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
NEW INSIDE! NEW OUTSIDE! SELLER FINANCING: DOWN = 30%, TERM =10 YR, YEAR 1 = 0% YEARS, 2 - 10 = 4.99% Looking to save your cash or waiting for your home to sell? Here's an unheard of offer from the seller: Owner financing at just 30% down at only 4.99%! Seller will carry for 10 years a...nd will even waive the first year's interest! This is an offering that is unique and majestic, and offers the possibility of a year-round multigenerational escape. There are two completely separate properties here, sold as one parcel, creating a mountain home of 70 acres, set midway between the iconic towns of Ridgway and Ouray, and within an easy drive of Telluride, Silverton and Montrose. The west parcel has an incredible perch overlooking the Sneffels Range mountains and down Valley toward Mt. Abram south of Ouray. This majestic home was completely redone this spring, with all new flooring, paint, kitchen counters and appliances. The layout is ideal for large groups and intergenerational setups, with the primary suite on its main level, along with impressive great room offering some of the world's finest views right from the living areas. In addition to the 4600 square feet of indoor space there's another 2000 square feet of beautifully maintained patios and decks to take in the big views. This sits on a prime 35 acre Ouray County lot that is on the south end of Park Estates, so its private access into the National Forest is just a short hike away. Year round road access provided by the Park Estates HOA allows you to use the property year round or seasonally-whatever fits your needs best. The second parcel included with this sale aligns with the west edge of the main home property, with Golden Ridge Road providing most of its border. It has multiple prime building sites, including an impressive point hanging out over the valley, which would make a tremendous perch for your new home. The property has both Sneffels Range and Valley views, and offers the best sledding hills anywhere! Its southwest portion is a beautiful pastoral valley, established with a 3 stall Morton barn and tack room. The building can be used multiple ways, but former owners used it during the summers and falls to ride in the Park Estates area, but also into the thousand of acres of Public land. While being sold together with the main home property in this listing, it is also available individually should you so choose. Because it's a totally separate property some day you could sell it off or develop it separately with a friend or family member. This is a unique opportunity to own something very special right in the heart of the Southwest Colorado area. Make your plans to come see it today.
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MLS#
825828
Property Type
Single Family
Bedrooms
4
Bathrooms
3 Full/1 Three-Qtr/1 Half
Year Built
1996
Price per Sq. Ft.
$1,046.21
Lot Size
70
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