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1255 County Road 207, Durango, CO 81301

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For Sale

$4,750,000

4 beds • 5 baths • 5,299 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $896.40
    Price per square foot

Explore this Property

Erin Eicher, RE/MAX Pinnacle, C: 970-903-3323, broker@durangoremax.com, www.crenmls.com: Within highly sought-after Durango, Colorado, known for its beauty and as an outdoor playground, lies an unparalleled mountain contemporary home on 4.2 acres, irrigated with water rights. This fully furnished main home is across from the national forest entrance and backs to BLM land with surrounding mountain views less than 10 minutes to downtown Durango. Meticulously maintained, the property offers a park-like setting, pond, she-shed, an attached 2-car garage, and additional detached 2-car garage with large workshop (4 cars total). With endless outdoor event parking for those who like to host, you can enjoy a stunning outdoor custom patio with a fire pit perched on the bank of Lightner Creek. The main house was constructed in 2019, and boasts 5,299 square feet, offering custom finishes and design. Each floor is self-contained, offering the perfect situation for guests, mother-in-law quarters, or revenue potential for short term vacation rentals. If you're seeking a second home and looking to capitalize on a higher return on your investment, this profitable compound is an opportunity for a savvy investor and has room to grow. The main home is nestled behind the creek and in the privacy of the tree line and opens up to two remodeled duplexes that are fully rented and gross $79,560 annually with 4 units, totaling 2,812 sq ft. Projections available for short term rental income estimated at $200k -$250k/year. Come experience all Durango has to offer. Live ..Play ..Invest.
MLS# 817343

Courtesy Of RE/MAX Pinnacle

(970) 259-2255

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Stick
  • Lot Size
    4.2 Acres

Map and Directions

Directions to 1255 County Road 207, Durango, CO 81301

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CENTURY 21 Elite

(970) 259-2100
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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