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400 Palomino Trail

Ridgway, CO 81432
  • $1,150,000
  • STATUS: Active
  • ON SITE: 147 Days
  • MLS #: 42440
UPDATED: 34 min ago
$1,150,000
  • 2
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,952
    SQFT
  • $589
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2006
County:

School Ratings & Info

Description

2-STORY DUPLEX * ZONED GENERAL COMMERCIAL * RESIDENTIAL USES ALLOWED * IDEAL LIVE / WORKPOTENTIAL * EXCELLENT MOUNTAIN AND PASTURE VIEWS WITH HIGHWAY 550 EXPOSURE * 960 SQ. FT. FULLYFURNISHED APARTMENT UPSTAIRS * 992 SQ. FT. RETAIL/OFFICE/STUDIO/COMMERCIAL ON GROUND FLOOR *OFF STREET PARKING FOR UP TO 10 VEHICLES * EXTRAORDINARY CONSTRUCTION AND FINISHES -COMPLETED IN 2006 * ALLERGEN AND CARBON EMMISSION FREE PROPERTY (NATURAL GAS AVAILABLE) *CENTRAL HEATING/AIR CONDITIONING BY HIGH-EFFICIENCY HEAT PUMP * FIBER OPTICS ON PROPERTY WITHSPEEDS UP TO 1,000 Mbps UP AND DOWN * HOA PROVIDED IRRIGATION WATER * EASILY WALKABLE ANDBIKEABLE TO DOWNTOWNINSIDE. The ground-floor is an open concept studio with kitchenette, private bath/laundry and large covered front porch. The second floor is a fully and beautifully furnished one-bedroom, one-bath apartment with long term residential rentals allowed. It has a great room, dining area, full kitchen with counter seating, an office/guest bedroom, private laundry, and covered decks both front and rear. Both are currently operated as one of the area's longest running and most popular vacation rental properties known as Cow Creek Suites. The listing service VRBO (subsidiary of Expedia, Inc.) reports these rentals have consistently outperformed 95% of their market during the past several years (a market including San Miguel and Ouray counties and the towns of Telluride and Ouray comprising over 1500 listed properties). A contained storage room and mechanical room are each accessed with their own exterior entrances at ground level. There is plenty of off-street parking including a space around back covered by the back deck. IMPORTANT TO KNOW. Buried optical fiber is on the property with residential and commercial symmetrical service plans available up to 1000 Mbps download and 1000Mbps upload. The building is extremely well-insulated and highly energy efficient with two-zone central heating and air conditioning provided by a York air-source all-climate heat pump (no fossil fuels burned on the premises) and is equipped with American Standard's AccuClean TM Whole Home Air Filtration System. The property has always been maintained smoke, pet and allergen-free. If desired, natural gas is available at the property. THE AREA. The property is situated at the northern entry to the famous San Juan Skyway Scenic Byway and has beautiful views of the surrounding meadows and mountains. It is just 9 highway miles north of the charming, historic mining town of Ouray, 37 highway miles from the ski-resort/festival town of Telluride (airport code TEX), and 26 highway miles south of the burgeoning retirement community of Montrose (airport code MTJ).

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Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Real Estate Corp.. Data last updated: 2024-09-12T21:49:40.863.

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400 Palomino Trail Ridgway, CO 81432

  • Price: $1,150,000
  • Status: Active
  • On Site: 147 Days
  • Updated: 34 min ago
  • MLS #: 42440
2
Beds
2
Baths
0
½ Baths
0.23
Acres
1,952
SQFT
$589
$/SQFT
2006
Built
Neighborhood:
Xyz Subdivision
County:
Ouray
Area:
Ridgway - 71 (Major Area 70)
Property Description
2-STORY DUPLEX * ZONED GENERAL COMMERCIAL * RESIDENTIAL USES ALLOWED * IDEAL LIVE / WORKPOTENTIAL * EXCELLENT MOUNTAIN AND PASTURE VIEWS WITH HIGHWAY 550 EXPOSURE * 960 SQ. FT. FULLYFURNISHED APARTMENT UPSTAIRS * 992 SQ. FT. RETAIL/OFFICE/STUDIO/COMMERCIAL ON GROUND FLOOR *OFF STREET PARKING FOR UP TO 10 VEHICLES * EXTRAORDINARY CONSTRUCTION AND FINISHES -COMPLETED IN 2006 * ALLERGEN AND CARBON EMMISSION FREE PROPERTY (NATURAL GAS AVAILABLE) *CENTRAL HEATING/AIR CONDITIONING BY HIGH-EFFICIENCY HEAT PUMP * FIBER OPTICS ON PROPERTY WITHSPEEDS UP TO 1,000 Mbps UP AND DOWN * HOA PROVIDED IRRIGATION WATER * EASILY WALKABLE ANDBIKEABLE TO DOWNTOWNINSIDE. The ground-floor is an open concept studio with kitchenette, private bath/laundry and large covered front porch. The second floor is a fully and beautifully furnished one-bedroom, one-bath apartment with long term residential rentals allowed. It has a great room, dining area, full kitchen with counter seating, an office/guest bedroom, private laundry, and covered decks both front and rear. Both are currently operated as one of the area's longest running and most popular vacation rental properties known as Cow Creek Suites. The listing service VRBO (subsidiary of Expedia, Inc.) reports these rentals have consistently outperformed 95% of their market during the past several years (a market including San Miguel and Ouray counties and the towns of Telluride and Ouray comprising over 1500 listed properties). A contained storage room and mechanical room are each accessed with their own exterior entrances at ground level. There is plenty of off-street parking including a space around back covered by the back deck. IMPORTANT TO KNOW. Buried optical fiber is on the property with residential and commercial symmetrical service plans available up to 1000 Mbps download and 1000Mbps upload. The building is extremely well-insulated and highly energy efficient with two-zone central heating and air conditioning provided by a York air-source all-climate heat pump (no fossil fuels burned on the premises) and is equipped with American Standard's AccuClean TM Whole Home Air Filtration System. The property has always been maintained smoke, pet and allergen-free. If desired, natural gas is available at the property. THE AREA. The property is situated at the northern entry to the famous San Juan Skyway Scenic Byway and has beautiful views of the surrounding meadows and mountains. It is just 9 highway miles north of the charming, historic mining town of Ouray, 37 highway miles from the ski-resort/festival town of Telluride (airport code TEX), and 26 highway miles south of the burgeoning retirement community of Montrose (airport code MTJ).
Exterior Features

Access CityPaved Construction Frame Covered Parking 1 Car Deck Sq Ft 208.00 Exterior Finish Wood (Natural) Extras Air ConditioningFencePatio/Deck Garage Open Area Lofts None Open Area Parking 3 Car + Roof Metal Special Location Near Park Style SouthwestVictorian Substructure Slab View MountainsValley

Interior Features

Appliances DishwasherDryerElec Oven/RangeMicrowaveRefrigeratorWasher Furnished Full Heat Forced Air

Property Features

Age 21 - 40 Years Caretakers Unit No Deed Restrictions None Disclosures Covenants Electric Power Company Green Features Engy Star Historical Qualification No Hoa Dues 109.40 Irrigation YN Yes Major Area 70 REO No Residential Type Within Township/City Limits RETT None Sanitation Sewer Short Sale No Sq Ft Source Assessor Tax Year 2023 Taxes 3328.00 Utility Phone Lines Regular Phone Utility Primary Heat Forced Air Water Public Zoning Residential/Commercial

Teullride Board of Realtors logo Listing provided courtesy of Cathy Redmond of Redmond Realty, LLC: .
Teullride Board of Realtors logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Real Estate Corp.. Data last updated: 2024-09-12T21:49:40.863.

 
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