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1511 Main Street

Ouray, CO 81427
  • $7,995,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 837601
$7,995,000
  • 0
    BEDS
  • 1.94
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 10,535
    SQFT
  • $759
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2026
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Keller Williams Realty Southwest Associates, LLC - Montrose: 970-596-0870.


Description

The first 5 units are soon to be completed. Unit 1 is completed, and the other 4 units are near completion. This purchase price includes another 16.65-acre parcel {451530300017} intended for future development. All of the utilities are in and ready for further development. This property has a city-approved site plan for 13 additional units. Plans and engineering are included The units are 3-bedroom, 2 1/2-bath with in-floor radiant heat and mini-splits for heating and cooling. The 2-car garage is oversized. Owner may provide financing. Future development has numerous options with C-2 Zoning.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-09T23:56:24.36.
www.destinationdro.com/homes/179385852
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1511 Main Street Ouray, CO 81427

  • Price: $7,995,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: 837601
0
Beds
2
Baths
1
½ Baths
1.94
Acres
10,535
SQFT
$759
$/SQFT
2026
Built
Neighborhood:
Other
County:
Ouray
Area:
Ouray City
Elementary School:
Open Enrollment
Middle School:
Open Enrollment
High School:
Open Enrollment
Property Description
The first 5 units are soon to be completed. Unit 1 is completed, and the other 4 units are near completion. This purchase price includes another 16.65-acre parcel {451530300017} intended for future development. All of the utilities are in and ready for further development. This property has a city-approved site plan for 13 additional units. Plans and engineering are included The units are 3-bedroom, 2 1/2-bath with in-floor radiant heat and mini-splits for heating and cooling. The 2-car garage is oversized. Owner may provide financing. Future development has numerous options with C-2 Zoning.
Exterior Features

Carport No Fronts Highway 550 Garage Yes Garage Type Basement Garage Parking 2 per unit Parking Spaces 2 Property Attached No Property Description Adj to Greenbelt/OpenLand Roof Architectural ShinglesMetal Siding OtherStone Stories Three Story Street Description State HighwayPaved150'+ Frontage Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDisposalDryerExhaust FanMicrowaveRange TopRange/OvenRefrigeratorWasher Cooling Other Fireplace Electric Flooring CarpetTileWood Heating Fuel Source Natural GasBoilerFloor RadiantHeat Pump One Quarter Baths 0 Total Office Dens 0

Property Features

Construction Completed No Covenants NO Estimated Completion Date 2026-09-22 Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN Yes Reo Lender Owned No Tax Year 2026 Total Electric Meters 5 Total Gas Meters 5 Total Taxes $21173.00 Type Fiveplex Water Rights No Zoning Residential Multi Family

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-09T23:56:24.36.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Keller Williams Realty Southwest Associates, LLC - Montrose: 970-596-0870.