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711 Terrace Drive, Ridgway, CO, 81432

3beds
2baths
2,471sqft
$1,350,000
$546price/sqft
$7,593/moest. monthly cost
$303,720/yrincome needed

About This Home

Perched in the highly sought-after Vista Terrace Subdivision, this exceptional home at 711 Terrace Dr., Ridgway, Colorado captures some of the most breathtaking panoramic views the state has to offer—overlooking the Ridgway Valley with sweeping vistas of the majestic San Juan Mountains. Set on 1.14 acres at the end of a quiet cul-de-sac, this 2,471 sq ft single-level residence blends comfort, functionality, and scenery in perfect harmony. The thoughtfully designed layout includes 3 bedrooms, 2 bathrooms, a dedicated office, and both living and family rooms, all positioned to embrace the stunning natural surroundings. Expansive windows and an open living and dining area invite the outdoors in, creating a warm and inviting space ideal for both everyday living and entertaining. The home has been tastefully updated throughout, featuring luxury vinyl flooring, beautifully renovated bathrooms, and an upgraded kitchen complete with gorgeous granite countertops and an oversized pantry. The primary suite is a true retreat, showcasing a luxurious soaking tub and an elegant tiled shower. Step outside to the front deck, where you can take in unforgettable mountain views and Colorado sunsets. The fenced front yard offers additional usability, while the property’s infrastructure is built to impress. A massive garage with an oversized door accommodates larger vehicles with ease, complemented by a standard entry. Attached is a tall carport perfect for RV or boat storage, complete with electrical hookups for charging. For those needing extra space, the large shop located behind the garage provides endless possibilities—whether for hobbies, storage, or workspace. With a durable metal roof, stunning setting, and unmatched amenities, this property represents a rare opportunity to own a slice of paradise in one of Colorado’s most picturesque locations—Ridgway, Colorado.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

6/10
Ridgway Elementary SchoolGrades PK-51.4 mi
9/10
Ridgway Middle SchoolGrades 6-81.0 mi
7/10
Ridgway High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1989

Materials

  • Roof: Metal
  • Construction materials: Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Living Room Dining

Features

  • Pantry
  • Finished area above ground: 2,471

Interior Area

  • Total structure area: 2,471
  • Total interior livable area: 2,471 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 430516101005
  • Zoning description: Residential Single Family

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Mountain(s),Valley

Lot

  • Lot size: 1.14 Acres

Parking

  • Total spaces: 3
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Landslide
    LandslideVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Landslide
Lightning
Winter Weather
Avalanche
Wildfire

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$312$3,744
Property Taxes $269$3,228
Electricity $186$2,238
Total$7,593$91,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$260,331/yr
40% on housing$227,790/yr
45% on housing$202,480/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 17.6%
17.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 7.3%
7.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$546This listing

vs Other Active Listings

Avg $/sqft

ZIP 81432$510
Ouray County$512

vs Homes Sold Last Month

Median $/sqft

ZIP 81432$387
Ouray County$468

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Listed for sale$1,350,000
2024-03-29Listing removed--
2024-03-12Price change$1,275,000
2024-02-03Price change$1,299,000
2024-01-31Listed for sale$1,359,000
2023-07-20Sold$490,000
2023-05-09Listed for sale$750,000
2022-11-16Listing removed--
2022-09-27Listed for sale$650,000
2022-09-25Listing removed--
2022-09-16Listed for sale$650,000
2022-08-23Contingent$650,000
2022-08-12Price change$650,000
2022-08-08Price change$711,000
2022-07-13Price change$750,000
2022-07-02Listed for sale$795,000
2014-08-25Sold$270,000
2013-08-21Listing removed$309,000
2013-08-10Price change$309,000
2013-07-18Listed for sale$329,000
2012-09-12Sold$365,000

For Sale by Agent

AgentMichelle Klippert
BrokerageCENTURY 21 Elevated Real Estate

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