115 7th Ave #1-2-3, Ouray, CO, 81427
About This Home
Drive a little, save a lot. Mission Rock Triplex in the heart of the Ouray Historic District is an entire downtown compound at ~$500 per square foot. Two spacious 3BR/2BA Residences plus a freestanding Guest Cottage. Total of almost 4300 square feet on a large, gated corner lot downhill and across the street from the Western Hotel. Short-Term Rental program generated $116,169 in revenue in 2025. Original store walls incorporated into the renovation are a stand out architectural feature. Dramatic ''Switzerland of America'' setting at a fraction of resort prices. 50 miles to Telluride and 40 miles to quality commercial air service at MTJ. Walk to the Hot Springs. Offered furnished and move in ready.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 13 - 20 Yrs
- Year built: 2005
Materials
- Roof: Metal
- Construction materials: Frame,Stone,Wood (Natural)
Type & Style
- Home type: Condo
- Architectural style: Victorian
- Property subType: Condominium
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- Lofts: One
- Number of fireplaces: 3
- Fireplace features: 3,Gas Log
- Fireplace: Yes
Heating
- Heating features: Natural Gas,Radiant Floor,Combination
Interior Area
- Total structure area: 4,510
- Total interior livable area: 4,285 sqft
Property
Details
- Parcel number: R005603 / R005604 / R005605
- Zoning description: Residential/Commercial
Features
- Exterior features: Gated
- Fencing: Fenced
- Has view: Yes
- View description: Ouray Amphitheater,Mt. Abrams
Lot
- Features: Near Park
Parking
- Parking features: Open
- 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
- Landslide
- Lightning
- Winter Weather
- Avalanche
- Wildfire
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 | $11,099 | $133,188 |
| Home Insurance * | $493 | $5,916 |
| Property Taxes | $438 | $5,256 |
| Electricity | $323 | $3,881 |
| Total | $12,353 | $148,236 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-29 | Listed for sale | $2,400,000 |
| 2025-10-12 | Listing removed | $2,400,000 |
| 2025-05-22 | Listed for sale | $2,400,000 |
| 2025-05-13 | Pending sale | $2,400,000 |
| 2024-10-14 | Listed for sale | $2,400,000 |
For Sale by Agent
View on Zillow