1600 (2parcels) Elk Ridge Trail, Ridgway, CO 81432

$4,400,000
  • 1600 (2parcels) Elk Ridge Trail, Ridgway, CO 81432 Main Photo

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New to the Market Active
BEDS4 BATHS5 SQUARE FEET4,631 MLS#20253077
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPark Estates

Property Description

Seller is offering Owner Financing Terms of 4.99% over 10 years with 30% down. The first year the interest rate will be 0% and for years 2-10.This is an offering that is unique and majestic, and offers the possibility of a year-round multigenerational escape. There are two 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

1600 (2parcels) Elk Ridge Trail | MLS# 20253077

This single family home located at 1600 (2parcels) Elk Ridge Trail, Ridgway, CO 81432 is currently listed for sale with an asking price of $4,400,000. This property was built in 2006 and has 4 bedrooms with 4631 sq. ft. (2parcels) Elk Ridge Trail is located in the Park Estates subdivision. Search Park Estates real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Concrete
Cooling: Other, See Remarks
Garage: 2 car attached
Heating: Radiant Floor
Home Style: Other, Ranch, See Remarks
Lot Size: 70 Acresa
Roof Type: Other, See Remarks
Year Built: 2006

Amenities

Ceiling Fan(s)
Granite Counters
Jetted Tub
Kitchen/Dining Combo
Main Level Primary
Pantry
Walk-In Closet(s)
Window Treatments
Programmable Thermostat
Other
See Remarks

Feature Descriptions

Appliances: Built-In Oven, Dryer, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
Days on Site: 6
Exterior: Wood Siding, Wood Frame
Fireplace: Living Room, Other, See Remarks, Wood Burning Stove
Flooring: Hardwood, Laminate, Tile
HOA Fee: $2500/ Semi-Annually
Lot: Landscaped, Other, See Remarks, Wooded
Lot Dimensions: 70 Acresa
Parcel#: 4517-092-00-050
Parking: Attached, Garage, Garage Door Opener
Parking Notes: Attached, Garage, Garage Door Opener
Patio/Porch: Deck, Open
Sewer: Septic Tank
Water: Other, See Remarks
Window: Window Coverings
Zoning: Residential

Room Sizes

Living Room: 20 X 45 Level - Main
Laundry: 7 X 8 Level - Lower
Kitchen: 12 X 19 Level - Main
Family Room: 20 X 20 Level - Lower
Dining Room: 10 X 13 Level - Main
Primary Bedroom: 13 X 14 Level - Main

Local Schools

High School: Ouray
Middle School: Ouray
Elementary School: Ouray

Listed By / Shown By

Listed By

Agency Name: UNITED COUNTRY SNEFFELS REALTY
Agency Phone: 970-626-3555

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 25,895.68 per month $24,612.35 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,283.33 Homeowner's Insurance

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