Listed By:
Legacy Properties West Sotheby's Int. Realty
Address
23, 25 & 27 Cr 222, Durango, CO
Price
$ 895,000
Property Attributes
  • MLS#837634
  • TypeSingle Family
  • Listing Status Active
  • CountyLA PLATA
  • CityDurango
  • AreaDurango Rural
  • NeighborhoodWestern Holly
  • Zip81303
  • StyleContemporary,Victorian,System Built
  • Year Built1898
  • Taxes$ 1845
  • Price$ 895,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3300
  • Lot Size4 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

THREE HOMES • ONE PROPERTY — Income & Multi-Generational Opportunity Minutes from Downtown Durango. Three separate, fully functional homes on one 4-acre micro farm/ranch, priced at what comparable single homes command in the Durango area. With 3,300 sf combined, 5 bedrooms, 4 bathrooms, and proven short-term rental income already in place: • Live in one, rent two — offset or eliminate your mortgage with two income streams • Multi-generational compound — main home, in-law suite, and guest cabin keep family close while everyone keeps their independence • Pure investment play — three turnkey rental units on one deed, one already producing ~$27K/year on AirBNB • Hybrid use — owner-occupied + mother-in-law quarters + short-term rental in any combination Each home sits on its own footprint with separately metered 200-amp buried electric service, giving every residence true independence. All kitchen appliances and washer/dryers convey. Income Already Producing: The Caboose Cabin has generated approximately $27,000 in annual AirBNB revenue for several years with consistent bookings. Owners will sell it fully furnished at additional cost — keep summer reservations live and cash flowing from day one. The Setting & Water: Stunning La Plata mountain range views, dozens of mature trees including fruit trees, and established landscaping on a level, usable parcel near the airport, hospital, and downtown Durango. A domestic well allows for horses, and the property includes 1.5 Class A shares in the Florida Consolidated Ditch Company and 2.9 acre-feet of water in the Florida Water Conservancy District for irrigation — a significant and increasingly rare asset in Southwest Colorado. A well-insulated workshop with dedicated 220-volt service, multiple storage sheds, and a started greenhouse foundation round out the property. HOME #1 — The Farmhouse (1,850 sf • 2BR + study • 2BA) Charmingly restored gothic Victorian originally built in 1898 — the natural choice for owner-occupancy or a premium long-term rental. Updated kitchen and baths, new roof (2026), new windows (2025), new exterior paint (2024) with hand-painted Victorian trim restoration. Western views and sunsets from the front porch and master bedroom picture window; sitting room off the kitchen has a massive east-facing window overlooking the deck — ideal for bird-watching and visits from local deer. Fenced backyard ready for your dogs. HOME #2 — The KIT Custom Home (965 sf • 2BR • 1BA) Built in 2020 — essentially new construction. Vaulted ceilings, roomy kitchen, warm south-facing light, metal roof, and concrete siding for low maintenance. Custom shutters (2022) and a platform lift to the front porch included. Ideal as an in-law suite, adult-child residence, or long-term rental — modern construction and accessibility features broaden the tenant pool considerably. HOME #3 — The Caboose Cabin (475 sf • 1BR + loft • 1BA) — Active Income Producer. Rustic, cozy, and currently generating ~$27K/year on AirBNB. Vaulted wood-finished interior, east-facing porch with flagstone patio, fenced backyard, and landscaped garden made for morning-coffee sunrises. Available furnished at additional cost so bookings continue uninterrupted into the busy summer season. The Bottom Line: At $895,000, you're acquiring three fully independent residences for roughly $271 per square foot of finished living space — before factoring in the 4 acres, water rights, workshop, and existing rental income. Whether you're building a family compound, a short-term rental portfolio, or a mortgage-offsetting owner-occupied situation, this property delivers optionality that's nearly impossible to find in the Durango market. Bring your vision — the infrastructure is already here.

Elementary School Middle School High School
Florida Mesa K-5 Elementary School Escalante 6-8 Middle School Durango 9-12 High School
Price History
7/30/2026 Listed $895,000

General Features

Possession at funding and closing
Roof Composition
Fireplaces Living Room
Zoning Agriculture,Residential Single Family
Status Active
Bathrooms 4
Year Built 1898
Subdivision Western Holly
Style Contemporary,Victorian,System Built
Stories Count Two Story
County La Plata
Class RESIDENTIAL
Type Stick Built
Tax Year 2025
FIPS Code 08067
HOA Y/N No
New Construction Y/N No
Status Active
Sale/Rent For Sale
Utilities Electric,Propane-Tank Leased,Internet - DSL,Phone - Cell Reception,Phone - Landline
Energy Star Qualified Y/N No
Green Certification Y/N No
HERS Rated Y/N No
LEED for Homes Y/N No
Other Green Cert. Y/N No
Directions From the DoubleTree,start by heading south on Camino Del Rio to connect with US-550 S/US-160 E. Follow US-160 E (also known as the route toward the Durango-La Plata County Airport) for approximately
High School Durango 9-12
City Durango
List Price/SqFt 271.21
Terms 1031 Exchange,Cash,Conventional,Other
Elementary School Florida Mesa K-5
Middle School Escalante 6-8
DOM 54
PROPERTY DESCRIPTION Cleared
Price Per Sq Ft Total AG 271.21
DISCLOSURES Pets Allowed,Property Disclosure
Property Attached Y/N No

Interior Features

Interior Amenities Window Coverings,W/D Hookup,Guest Quarters,Sun Room,Quartz Counters
Furnished Y/N Unfurnished
Beds 5
Full Baths 4
Appliances Range/Oven,Refrigerator,Dishwasher,Washer,Dryer

Exterior Features

Exterior Amenities Landscaping,Irrigation Water,Patio,Deck,Lawn Sprinklers,Water Garden,Irrigation Pump,Covered Porch
Lot Size Area 4
Lot Dimensions 4
RV Parking Yes
Construction Type Wood Frame
Water Well Yes
Waterfront No
Garage Y/N No
Apx. Irrigation Acres 2.9
Carport No
Exterior Structures Guest House,Shed,Workshop
Irrigation/Water District Florida Consolidated
Water Rights/Irrig. Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81303

Price
AVG $1.06M
$900K
Taxes
AVG $2,643
$1,845
Year Built
AVG 1997
1898
Visits
AVG 37
10
Data Provided by Inside Real Estate®