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Sold for $5,200,000
  • $5,200,000

    3073 County Road 24, Ridgway, CO 81432

    3beds
    2,160sqft
    Single Family Residence
    Built in 1964
    240 Acres Lot
    $873,900 Zestimate®
    $2,407/sqft
    $2,740 Estimated rent

    Home value

    $873,900

    $638,000 - $1.17M

    $2,740/mo

    Zestimate® history
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    $2,740/mo

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    Rent Zestimate®

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    $28,547/mo

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    $28,547/mo

    Est. payment

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    What's special

    In this part of the country, there are few ranches that come on the market that are rare finds for a prudent buyer. They are what we refer to as 'A' location properties. They are irreplaceable in that aspect, and the Ridgway Valley Ranch is no exception. A quick glance at an aerial map of the ranch and you will see why. This ranch is located just over 2 miles from one of the best mountain towns in all of Colorado on paved road access. Down the road from Ridgway, sits this unique property that has been owned and operated by the same family for over 60 years. Out of the total 240 acres is 40 acres of irrigated valley ground by plentiful water rights. Big mountain views to the east are due to the Cimarron's and Chimney Peak, to the south are the San Juan's and Mt Sneffels, and to the west the sun sets over West Baldy mountain. There are multiple home building sites looking into the mountains, across the lush Ridgway valley, with natural privacy from the escarpment to the north. Wildlife sanctuary is year-round on the ranch because of its location between 35-acre home sites on the west and east boundary, and the large irrigated land holdings to the south, with cover into the hillside of pinion and juniper pine to the north. Mule deer casually feed around the cute little ranch house tucked under large cottonwood trees, with herds of elk in view cascading down into the dark green hay meadows. Only forty-five minutes down a scenic drive to the resort town of Telluride, where some of the best skiing in the country can be found. Ten minutes just beyond Ridgway to the south into the San Juan mountains, is the legendary town of Ouray, known as the "Switzerland of America." Have a mountain family estate, or an investment holding for development, or put the whole ranch into a conservation easement.

    Zillow last checked: 8 hours ago

    Listing updated: August 24, 2024 at 02:27pm

    Listed by:

    Reese Lovell,

    Eagle Land Brokerage

    Bought with:

    Mike Shimkonis, FA40017979

    Telluride Properties

    Source: TRIDEMLS,MLS#: 41824MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other, Other See Feature
    Features
    • Equipment Barn, Lofts: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Covered spaces: 4
    • Has uncovered spaces: Yes
    • Details: Covered Parking: 4 Car, Garage
    Lot
    • Size: 240 Acres
    • Features: Borders Open Space, Rural
    Details
    • Additional structures: Equipment Barn
    • Parcel number: R005177, R005178
    • Zoning description: Agricultural

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Masonite
    • Roof: Asphalt
    Condition
    • 40+ Years
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: Power Company
    • Gas: Natural
    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Ridgway
    • Subdivision: Ouray County

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/19/2023Sold$5,200,000-5.5%$2,407/sqft
    Source: TRIDEMLS #41824 Report a problem
    8/7/2023Pending sale$5,500,000$2,546/sqft
    Source: TRIDEMLS #41824 Report a problem
    7/26/2023Listed for sale$5,500,000$2,546/sqft
    Source: CREN #806343 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,654 +29.6%$47,440 +58%
    2024$1,276 +34%$30,030 -13.6%
    2023$952 +5.1%$34,760 +51.5%

    Find assessor info on the county website

    Neighborhood: 81432

    Nearby schools

    GreatSchools rating