1255 County Road 207 Durango, CO 81301
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$21,671Within highly sought-after Durango, Colorado, known for its beauty and as an outdoor playground, lies an unparalleled mountain contemporary home on 4.2 acres, irrigated with water rights. This fully furnished main home is across from the national forest entrance and backs to BLM land with surrounding mountain views less than 10 minutes to downtown Durango. Meticulously maintained, the property offers a park-like setting, pond, she-shed, an attached 2-car garage, and additional detached 2-car garage with large workshop (4 cars total). With endless outdoor event parking for those who like to host, you can enjoy a stunning outdoor custom patio with a fire pit perched on the bank of Lightner Creek. The main house was constructed in 2019, and boasts 5,299 square feet, offering custom finishes and design. Each floor is self-contained, offering the perfect situation for guests, mother-in-law quarters, or revenue potential for short term vacation rentals. If you're seeking a second home and looking to capitalize on a higher return on your investment, this profitable compound is an opportunity for a savvy investor and has room to grow. The main home is nestled behind the creek and in the privacy of the tree line and opens up to two remodeled duplexes that are fully rented and gross $79,560 annually with 4 units, totaling 2,812 sq ft. Projections available for short term rental income estimated at $200k -$250k/year. Come experience all Durango has to offer. Live…..Play…..Invest.
| 4 weeks ago | Listing first seen online | |
| 4 weeks ago | Listing updated with changes from the MLS® |
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Data last updated at: 2024-09-16 08:00 PM UTC
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