$4,400,000
 $23,620 est/mo Sourced by Back At You

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

Ridgway, CO 81432

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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

Details

MLS #20253077
Listing TypeFor Sale
StyleHouse
HOA Dues$2,500
Sub-TypeResale
StatusActive
Year2006
Days On Site489
Listing Provided ByUNITED COUNTRY SNEFFELS REALTY | TODD SCHROEDEL

Features

Bed(s)4
Bath(s)5
SQ Feet4,631
Garage2
BasementY
ZoningResidential

Exterior

Lot FeaturesLandscaped, Other, See Remarks, Wooded

Parking

Garage Yes / NoYes
Parking FeaturesAttached, Garage, Garage Door Opener

Area Information

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Community NamePark Estates
Listing VS Median (in Park Estates)
Price:
$4,400,000
low | high
Med:
$2,847,500
85.284090909091% of Average
sqft:
4,631
low | high
Med:
3,402
76.549341394947% of Average
$ / sqft:
$950
low | high
Med:
$773
68.623676335175% of Average
On site:
489
low | high
Med:
260
100% of Average
Sourced by Back At You

Market Activity 81432

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Additional Information


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Learn More About This Property

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Community NamePark Estates
Listing VS Median (in Park Estates)
Price:
$4,400,000
low | high
Med:
$2,847,500
85.284090909091% of Average
sqft:
4,631
low | high
Med:
3,402
76.549341394947% of Average
$ / sqft:
$950
low | high
Med:
$773
68.623676335175% of Average
On site:
489
low | high
Med:
260
100% of Average
Sourced by Back At You
Listing Updated: October 28, 2026 at 8:04:17 PM PDT
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