47632 N US Highway 550, Durango, CO, 81301
About This Home
This is truly a rare property. Once you see it you will understand how unique and breathtaking it is. It has incredible mountain views, as well as its own private lake. It is just a mile and a half from Purgatory Ski Area and world class golf courses. There are unlimited hiking and biking trails. This would make an excellent location for a Bed and Breakfast. It has a large lodge that can be remodeled to your exact specifications. The setting is absolutely gorgeous and would bring guests from all over the world. It has a large spring fed lake that can be stocked with fish. In addition to the spring, it also has two domestic wells. It has a barn that was the original home built in the 1800's. It has plenty of acreage so that you could have horses, cows, and any other livestock you would want. You could grow your own food and offer guests a completely organic experience. The possibilities for this property are endless and it is in the PERFECT location. It is completely fenced. It has a historical home and outbuildings. It borders the national forest service on one side. It was homesteaded in the 1800's, the same family still owns it and it has never been offered for sale. There is no other property in this area that can offer what this special property does. Call today to schedule your private showing.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1924
Materials
- Roof: Metal
- Construction materials: Other
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Interior
Heating & Cooling
- Heating features: Propane
- Cooling features: None
Interior Area
- Total structure area: 1,852
- Total interior livable area: 1,852 sqft
Property
Details
- Parcel number: 508935400006;508936200005
- Zoning: agriculture
- Special condition: Standard
- Exclusions: Personal Items
- Horse amenities: Corral(s),Pasture,Tack Room,Water - Stream/Spring,Well Allows For
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Full
- On waterfront: Yes
- Residential vegetation: Aspen,Grassed
- Horses can be raised: Yes
Lot
- Lot size: 78.74 Acres
- Features: Borders National Forest,Many Trees,Meadow,Mountainous,Near Ski Area,Rock Outcropping,Secluded,Suitable For Grazing
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Wildfire
- Avalanche
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $29,833 | $357,996 |
| Home Insurance * | $1,242 | $14,904 |
| Property Taxes | $1,327 | $15,924 |
| Electricity | $186 | $2,232 |
| Total | $32,588 | $391,056 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2024-03-13 | Listed for sale | $5,900,000 |
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