$4,400,000
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42570 & 42575 N Highway 550 Durango, CO 81301
Single Family
Residence
4
Beds
5
Baths
Sq. Ft.
10.82
Acre
Lot
Property Activity
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Discover the extraordinary charm of Almostaranch, a unique multi-use property nestled in the breathtaking North Valley of Durango, CO. This stunning estate borders 203 acres of State of Colorado Land and is seamlessly connected to the San Juan National Forest. Itâ??s a stoneâ??s throw from Haviland ...Lake and Electra Lake, making it a nature loverâ??s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Clubâ??s exceptional golf and fitness center. Here, every adventure awaitsâ??from hiking, biking, and paddleboarding to jeeping and huntingâ??right in your own backyard! The main residence is a beautifully crafted log home built in 2005, designed with an open floor plan that flows seamlessly between the well-appointed kitchen and the spacious living and dining areas. Perfect for families and entertaining guests, it features a stone fireplace and a dedicated office with picturesque views the lake. Have fun hosting gatherings year-round in the recently added enclosed back patioâ??ideal for watching the big game, grilling your favorites, and observing the abundant wildlife that visits. This property also boasts a generous carport, connecting to an impressive 6+ car garage complete with RV parking and pull-through options. For hobbies and projects, a dedicated shop with its own stove awaits. Above the garage, a comfy caretaker's home offers two bedrooms and one bath, complete with a deck for enjoying the stunning surroundings. Almostaranch is not only a stunning family residence but also a lucrative income-generating opportunity, currently yielding over $10,000 a month with the potential to double that revenue. The property includes 4 condo units: three are rented month-to-month, while one operates as a highly profitable VRBO, significantly enhancing rental income. Additionally, an old lodge with three apartments, two RV pads with full hookups, and another caretaker unit complete this remarkable investment. Other features include a picturesque stream/pond, a barn, and a shed, ensuring plenty of space to explore and enjoy. Moreover, the main house maintains its privacy from the rental units, making it a serene retreat. The potential here is limitless! Almostaranch has potential to transform into a wedding venue, family retreat, or corporate getaway. Please note that while the investment side of the property can be sold separately, the main residence will not be offered independently. Don't miss your chance to own this unique property that promises both adventure and income in the stunning outdoors of Durango! Please be aware this property would need to be cash or commercial loan.
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MLS#
818630
Property Type
Single Family
Bedrooms
4
Bathrooms
4 Full/1 One-Qtr
Year Built
2005
Price per Sq. Ft.
$1,093.17
Lot Size
10.82
Stories
1.0
Sewer
Septic
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