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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Owner options
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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#: 41824
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
| Date | Event | Price |
|---|---|---|
| 9/19/2023 | Sold | $5,200,000-5.5%$2,407/sqft |
Source: | ||
| 8/7/2023 | Pending sale | $5,500,000$2,546/sqft |
Source: | ||
| 7/26/2023 | Listed for sale | $5,500,000$2,546/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 6/10Ridgway Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 9/10Ridgway Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Ridgway High SchoolGrades: 9-12Distance: 2.1 mi



