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147 Waters Way, Durango, CO, 81301

1beds
1baths
1,582sqft
$499,000
$315price/sqft
$2,926/moest. monthly cost
$117,040/yrincome needed

About This Home

Check out the view from here. First time on the market in more than 50 years. 147 Waters Way is an opportunity to own 3.3 acres with 1 bedroom and 1 bathroom with 1500+ square feet of living space in the Culhane Hills Subdivision. There is a detached garage and shop as well as another storage shed. There is space in front and in back perfect for entertaining. Located close to Mercy Medical Center, Three Springs, the Durango La Plata Airport, it gives an opportunity to be close to everything, but also an opportunity to retreat. Go and see it today, you won't want to leave.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

5/10
6/10
Escalante Middle SchoolGrades 6-86.3 mi
9/10
Durango High SchoolGrades 9-126.4 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Metal
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A Frame
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet-Partial

Heating

  • Heating features: Forced Air,Pellet Stove

Interior Area

  • Total structure area: 1,582
  • Total interior livable area: 1,582 sqft

Property

Details

  • Parcel number: 567132107002
  • Attached to another structure: Yes
  • Zoning description: Residential Single Family

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Landscaping
  • Has view: Yes
  • View description: Mountain(s),Other

Lot

  • Lot size: 3.30 Acres

Parking

  • Total spaces: 1
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate

How This Home’s Risks Compare

Lightning
Wildfire
Inland Flooding
Winter Weather
Avalanche

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 $2,523$30,276
Home Insurance *$105$1,260
Property Taxes $112$1,344
Electricity $186$2,232
Total$2,926$35,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,320/yr
40% on housing$87,780/yr
45% on housing$78,026/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

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 81301$624
La Plata County$490

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
2026-08-12Listed for sale$499,000
2026-08-06Contingent$499,000
2026-07-30Listed for sale$499,000

For Sale by Agent

AgentJerome Bleger
BrokerageWells Group Real Estate

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