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34237 N Highway 550 #27, Durango, CO, 81301

2beds
1baths
788sqft
$254,000
$322price/sqft
$1,962/moest. monthly cost
$78,480/yrincome needed

About This Home

Located in the mountains of Hermosa, Colorado, this affordable condo is surrounded by towering pines and offers a serene, picturesque setting. Perfect for ski and snowboard enthusiasts, this cozy two-bedroom, one-bath unit is conveniently located near Purgatory Ski Resort, nproviding easy access to the slopes. Stunning mountain and forest views create a peaceful retreat ideal for relaxation and outdoor adventure. Just minutes away, enjoy the Durango Hot Springs for a soothing soak or massage, and take advantage of being less than 15 minutes from downtown Durango, where vibrant shops, restaurants, and cultural attractions await. Whether you're seeking a winter getaway, a summer escape, or an investment opportunity, this condo offers the perfect blend of comfort, convenience, affordability, and natural beauty. Your gateway to the best of Colorado's mountain lifestyle at an affordable price!

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

7/10
6/10
Miller Middle SchoolGrades 6-810.2 mi
9/10
Durango High SchoolGrades 9-1210.5 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Window Coverings
  • Flooring: Carpet-Partial,Linoleum

Interior Area

  • Total structure area: 788
  • Total interior livable area: 788 sqft

Property

Details

  • Parcel number: 537136202027

Features

  • Patio & porch: Patio
  • Has view: Yes
  • View description: Mountain(s),Valley

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
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Avalanche
    AvalancheModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Avalanche
Winter Weather

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 $1,284$15,408
Home Insurance *$53$636
Property Taxes $439$5,268
Electricity $186$2,232
Total$1,962$23,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,268/yr
40% on housing$58,860/yr
45% on housing$52,320/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: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$322This listing

vs Other Active Listings

Avg $/sqft

ZIP 81301$625
La Plata County$491

vs Homes Sold Last Month

Median $/sqft

ZIP 81301$455
La Plata County$436

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
2026-01-02Listed for sale$254,000
2025-12-03Listing removed$254,000
2025-09-30Listed for sale$254,000
2025-08-08Listing removed$254,000
2025-02-16Listed for sale$254,000
2025-02-05Listing removed$254,000
2025-01-09Price change$254,000
2024-12-03Listed for sale$259,000
2024-11-24Listing removed$259,000
2024-11-17Listed for sale$259,000
2024-11-08Listing removed$259,000
2024-07-02Listed for sale$259,000
2005-02-18Sold$87,000

For Sale by Agent

AgentCarolyn Hunt
BrokerageUnited Country Blue Sky Homes and Land

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