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486 Marys Road

Ridgway, CO 81432
  • $1,200,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: 818366
UPDATED: 17 min ago
$1,200,000
  • 4
    BEDS
  • 2.2
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,512
    SQFT
  • $478
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of NextHome Virtual: 970-258-9300.


Description

PRICE IS NEGOTIABLE Are you looking for a house that is instantly ready to go for you? This one of a kind home offers a turn-key solution to your dream of owning a home with substantial earning potential while allowing you to live in the San Juans. This house was a diamond in the rough in its past life, but the current owners have painstakingly converted it into a very profitable, beautiful home. Located in the quiet neighborhood of Idlewild, the home sits exactly between the towns of Ouray and Ridgway and is only 45 minutes to world class skiing in the town of Telluride. Your new home sits on 2.2 acres of stunning prime Colorado land with red cliffs soaring above you to the East and to the West, views of Mt. Abrams to the South and gorgeous Alpenglow skies to the North with the sunsets. The roof, windows, floors, plumbing, septic, electrical, appliances, heating and anything else you can think of, have all been upgraded, rebuilt, replaced and loved. For those that need a little entertainment in the summer, watch the soap operas unfold with the coming and goings of the campground just below the house. The main unit consists of the two upper levels, beautifully remodeled with a rustic and cozy charm. The main level boasts two large bedrooms, a full bath and a large open concept living/kitchen area with a vaulted ceiling featuring an 80in TV nestled above the floor-to-ceiling stone fireplace with a wood burning stove as well as a large wrap around deck to enjoy outdoor dining and stunning views. Take a walk up the hand crafted stairs to the third floor and the huge master suite with a private loft and natural stone shower. This unit has always been used as a Short Term Rental (STR) and the license is transferable to the new owner. There are currently 260 or more 5-Star reviews for this AirBnb and the calendar is constantly booked well into the next year. Let this established money maker do all the hard work for you. The current owner will work with the new buyers to transfer all existing reservations to you. All furniture and supplies needed to operate as an STR can be included if purchased before December 31. Downstairs you will find a separate 1 bedroom, 950 sqft home that has also been remodeled, boasting a large master bedroom, large custom shower and a wood burning stove that will leave you relaxed on a cool winter evening. This unit is currently leased long term, but would make for a great owner's quarters as well. Live in one unit and let the other pay your mortgage for you. Don't overlook this one - homes that pay for themselves in this area are hard to come by!

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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 2025. 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: 2025-02-08T22:56:37.483.
www.destinationdro.com/homes/155998108
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486 Marys Road Ridgway, CO 81432

  • Price: $1,200,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 17 min ago
  • MLS #: 818366
4
Beds
3
Baths
0
½ Baths
2.2
Acres
2,512
SQFT
$478
$/SQFT
1978
Built
Neighborhood:
Idlewild Estate
County:
Ouray
Area:
Ouray County
Elementary School:
Ridgway K-5
Middle School:
Ridgway 6-8
High School:
Ridgway 9-12
Property Description
PRICE IS NEGOTIABLE Are you looking for a house that is instantly ready to go for you? This one of a kind home offers a turn-key solution to your dream of owning a home with substantial earning potential while allowing you to live in the San Juans. This house was a diamond in the rough in its past life, but the current owners have painstakingly converted it into a very profitable, beautiful home. Located in the quiet neighborhood of Idlewild, the home sits exactly between the towns of Ouray and Ridgway and is only 45 minutes to world class skiing in the town of Telluride. Your new home sits on 2.2 acres of stunning prime Colorado land with red cliffs soaring above you to the East and to the West, views of Mt. Abrams to the South and gorgeous Alpenglow skies to the North with the sunsets. The roof, windows, floors, plumbing, septic, electrical, appliances, heating and anything else you can think of, have all been upgraded, rebuilt, replaced and loved. For those that need a little entertainment in the summer, watch the soap operas unfold with the coming and goings of the campground just below the house. The main unit consists of the two upper levels, beautifully remodeled with a rustic and cozy charm. The main level boasts two large bedrooms, a full bath and a large open concept living/kitchen area with a vaulted ceiling featuring an 80in TV nestled above the floor-to-ceiling stone fireplace with a wood burning stove as well as a large wrap around deck to enjoy outdoor dining and stunning views. Take a walk up the hand crafted stairs to the third floor and the huge master suite with a private loft and natural stone shower. This unit has always been used as a Short Term Rental (STR) and the license is transferable to the new owner. There are currently 260 or more 5-Star reviews for this AirBnb and the calendar is constantly booked well into the next year. Let this established money maker do all the hard work for you. The current owner will work with the new buyers to transfer all existing reservations to you. All furniture and supplies needed to operate as an STR can be included if purchased before December 31. Downstairs you will find a separate 1 bedroom, 950 sqft home that has also been remodeled, boasting a large master bedroom, large custom shower and a wood burning stove that will leave you relaxed on a cool winter evening. This unit is currently leased long term, but would make for a great owner's quarters as well. Live in one unit and let the other pay your mortgage for you. Don't overlook this one - homes that pay for themselves in this area are hard to come by!
Exterior Features

Carport No Construction Type Wood Frame Exterior Inclusions DeckGas GrillLandscapingShed/Storage Exterior Structures Storage Container Garage No Property Attached No Roof Metal Sewer Source Septic System Siding Wood Street Description CountyPublic Winter Maintenance Style Contemporary Views Mountains Water Source Public Water Well No Waterfront YN No

Interior Features

Additional Living Quarters No Appliance Inclusions DishwasherDisposalDryerMicrowaveRange/OvenRefrigeratorWasher Cooling Window A/C Unit(s) Dining Breakfast Nook Fireplace Living Room Flooring LaminateTile Foundation Basement Slab Heating Fuel Source Natural GasWood Heating System Hot Water BaseboardWood Stove Interior Inclusions Wood StoveAll FurnishingsCathedral CeilingCeiling Fan(s) Master Bedroom Level Upper Level One Quarter Baths 0 Total Office Dens 0 Water Heater Gas Water Heater

Property Features

Current Use Residential Green Certification No Hoa No Livestock Allowed HorsesPoultrySheep New Construction YN No Possible Property Use AgricultureResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2023 Total Taxes 2241.78 Water Rights No

[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 2025. 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: 2025-02-08T22:56:37.483.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of NextHome Virtual: 970-258-9300.