2018 Lake Purgatory Dr, Durango, CO, 81301
About This Home
Mountain Luxury Meets Turnkey Convenience! Welcome to this stunning 4-bedroom, 3-bath Colorado mountain retreat offering 3,078 square feet of beautifully designed living space on 1.16 private acres with breathtaking mountain views. Whether you're looking for a full-time residence, vacation getaway, or investment property, this home checks every box. Sold fully furnished and completely turnkey all you need to do is simply bring your suitcase and start enjoying mountain living from day one! Previously a successful short-term rental, this property offers exceptional income potential while providing the perfect retreat for family and friends. Step inside to soaring 18-foot ceilings, cozy fireplace, and an open-concept floor plan designed for gathering. The chef's kitchen features abundant workspace, a refrigerator that's only two years old, and flows seamlessly into the spacious dining areaâ€â€ideal for entertaining. The main-level primary suite is a private retreat with a generous walk-in closet, while the finished basement offers three additional bedrooms, providing plenty of room for guests. Upstairs, the cozy bunk room and additional living space create the perfect hideaway for kids or game nights. Outside, enjoy the expansive covered deck complete with brand-new outdoor furniture, and cornholeâ€â€ready for unforgettable summer BBQs or relaxing under the Colorado stars. The fully fenced yard offers space for pets and play, while direct access to nearby trails puts outdoor adventure at your doorstep. Additional features include a 3-car garage, new home furnace, Generac whole-house generator, and incredible mountain views from every angle. Located just minutes from Purgatory Ski Resort and a short drive to downtown Durango, you'll love coming home after a day on the slopes, hiking, biking, or exploring all Southwest Colorado has to offer. This is more than a homeâ€â€it's a lifestyle and an incredible opportunity. Schedule your private tour today and experience everything this exceptional mountain retreat has to offer! Please make sure you check out the video in the non-branded virtual tour.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Type & Style
- Home type: SingleFamily
- Property subType: Other
Interior
Basement
- Basement: Crawl Space, Finished, Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Vaulted Ceiling(s),Walk-In Closet(s)
Heating & Cooling
- Heating features: Forced Air,Stove,Propane,Pellet Stove
- Cooling features: Other
Interior Area
- Total structure area: 3,078
- Total interior livable area: 3,078 sqft
Property
Details
- Parcel number: 50893640606801
Lot
- Lot size: 1.16 Acres
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
- Landslide
- 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 | $9,096 | $109,152 |
| Home Insurance * | $378 | $4,536 |
| Property Taxes | $404 | $4,848 |
| Electricity | $232 | $2,788 |
| Total | $10,110 | $121,320 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $1,775,000 |
| 2026-07-17 | Price change | $1,799,000 |
| 2026-07-02 | Listed for sale | $1,850,000 |
| 2023-10-05 | Sold | $1,325,000 |
| 2023-09-08 | Contingent | $1,385,000 |
| 2023-09-02 | Listed for sale | $1,385,000 |
| 2021-04-18 | Listing removed | -- |
| 2021-03-10 | Pending sale | $1,100,000 |
| 2021-03-04 | Listed for sale | $1,100,000 |
| 2021-02-23 | Pending sale | $1,100,000 |
| 2021-02-23 | Contingent | $1,100,000 |
| 2021-01-19 | Listed for sale | $1,100,000 |
| 2001-04-16 | Sold | $1,045,000 |
View on Zillow