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3623 Elkhorn Mountain Rd, Durango, CO, 81301

4beds
5baths
3,157sqft
$3,900,000
$1,235price/sqft
$21,656/moest. monthly cost
$866,240/yrincome needed

About This Home

Set within the exclusive gated equestrian community of Red Tail Mountain Ranch, Two Bears Ranch at 3623 Elkhorn Mountain Road is a legacy Colorado ranch property purpose-built for the horse and mountain lifestyle. Offered for the first time since construction, this immaculately maintained 35-acre estate combines privacy, infrastructure, usability, and direct access to some of Southwest Colorado's most scenic riding terrain. Positioned atop a gentle knoll with commanding views in every direction, the main residence was thoughtfully designed to capture both sunrise and sunset from wraparound patios on the east and west sides. The home features in-floor radiant heat, air conditioning, exceptional care throughout ownership, and a setting that feels both elevated and deeply connected to the surrounding landscape. A separate 2-bedroom, 2-bath guest residence provides ideal accommodations for extended family or ranch staff. Designed with the serious equestrian in mind, the property includes a five-stall horse barn, heated wash station, turnout paddock, round pen, uncovered riding arena, fenced pastures, equipment shed with three bay doors, and an oversized detached garage serving the main home. Every structure on the ranch received new roofing in 2025, reflecting the level of stewardship and investment throughout the estate. Redtail Mountain Ranch is one of Durango's premier luxury ranch communities, known for its large acreage parcels, double-gated privacy, paved access, and extensive private equestrian trail system. From the property, riders can access trails winding throughout the subdivision descending toward the Hermosa Valley - an exceptional setup for western riding, trail riding, and backcountry exploration. Despite the private mountain setting, the property enjoys year-round paved access from the highly sought-after "Gold Coast" corridor of County Road 250, placing downtown Durango, Dalton Ranch and Glacier Ranch Golf Clubs, Purgatory Resort, and the Durango-La Plata County Airport within convenient reach. Rarely does a turnkey horse property with this level of infrastructure, privacy, usability, and trail access come available in Durango. 3623 Elkhorn Mountain Road represents a unique opportunity to own a true Colorado equestrian ranch where luxury mountain living and the western lifestyle converge. Reach out for more photos and to schedule a private tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
6/10
Miller Middle SchoolGrades 6-812.5 mi
9/10
Durango High SchoolGrades 9-1212.7 mi

Construction

Condition

  • Property condition: 21 - 40 Years
  • Year built: 2002

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Southwest
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Equipment Barn,Hay Barn,Lofts: None
  • Number of fireplaces: 1
  • Fireplace features: 1,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant Floor,Wood Stove,In-Floor
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 9,361
  • Total interior livable area: 3,157 sqft

Property

Details

  • Parcel number: R432270
  • Zoning description: Agricultural

Features

  • Exterior features: Gated
  • Fencing: Fenced
  • Has view: Yes
  • View description: Engineer Mountain,Hermosa Valley

Lot

  • Lot size: 35 Acres

Parking

  • Total spaces: 7
  • Parking features: 5+ Car Garage,Detached
  • Has garage: Yes
  • Covered spaces: 4
  • Has uncovered spaces: Yes

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 FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Avalanche
    AvalancheModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Avalanche
Landslide
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 $19,720$236,640
Home Insurance *$821$9,852
Property Taxes $877$10,524
Electricity $238$2,859
Total$21,656$259,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$742,491/yr
40% on housing$649,680/yr
45% on housing$577,493/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

$1,235This listing

vs Other Active Listings

Avg $/sqft

ZIP 81301$607
La Plata County$482

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
2026-05-07Listed for sale$3,900,000

For Sale by Agent

AgentRyan Yaseen
BrokerageTelluride Properties

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