For Sale, USD 4,400,000
42570 & 42575 N Hwy 550, Durango, Colorado, United States
Property Type : Single Family Home
Property Style : 1 Level Ranch
Build Size : 4,025 ft² / 374 m²
Land Size : 471,319 ft² / 43,787 m² Convert Land Size
Bedroom : 4
Bathroom : 4
Half Bathroom : 1
MLS#: 818630
Property Description
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. It’s a stone’s throw from Haviland Lake and Electra Lake, making it a nature lover’s paradise. Just a short 10-minute drive away is the renowned Purgatory Resort, along with the Glacier Club’s exceptional golf and fitness center. Here, every adventure awaits—from hiking, biking, and paddleboarding to jeeping and hunting—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 patio—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.
More
42570 & 42575 N Hwy 550, Durango, CO 81301, United States,Colorado,Durango is a 4,025ft² Durango luxury Single Family Home listed for sale USD 4,400,000. This high end Durango Single Family Home is comprised of 4 bedrooms and 4 baths. Find more luxury properties in Durango or search for luxury properties for sale in Durango.