42574 N Highway 550, Durango, CO 81301
42574 N Highway 550, Durango, CO 81301
42574 N Highway 550, Durango, CO 81301
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$1,995,000
Est. payment /mo
4 Beds
5 Baths
4,025 SqFt
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Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 4,025 sqft

Price per Sqft $495

Subdivision Bear Ranch

MLS Listing ID 821452

Style Log

Bedrooms 4

Full Baths 4

Year Built 2005

Annual Tax Amount $3,403

Tax Year 2024

Lot Size 6.778 Acres

Acres 6.778

Property Sub-Type Stick Built

Property Description

Major Price Reduction – Exceptional Opportunity in Durango's North Valley It's time for this property to become someone else's dream. The seller has reduced the price by $680,000 below the 2025 appraised value, creating an incredible opportunity for a buyer with vision. The property is currently move-in ready and includes a new septic system installed in 2025. The guest house is currently receiving new paint and flooring. Is there additional maintenance and cosmetic work that could be done? Absolutely. Like many log homes, the property experienced settling and some foundation movement over the years. The seller proactively hired an engineer, completed the recommended stabilization work, and received engineering sign-off. Have all cosmetic improvements been completed? No—and that's precisely where the opportunity lies. The next owner has the chance to customize and transform this estate into a true showpiece. The home is being offered as-is, and the substantial price reduction more than accounts for the necessary improvements while leaving significant upside and equity potential. The seller simply does not have the time to complete the remaining projects. Most personal belongings have been removed, and the property is ready for a normal closing timeline. Welcome to Almostaranch, a one-of-a-kind mountain estate nestled in the breathtaking North Valley of Durango, Colorado. Bordering 203 acres of Colorado State Land and connected to the San Juan National Forest, this extraordinary property offers unmatched privacy, recreation, and adventure. Enjoy easy access to Haviland Lake and Electra Lake, while Purgatory Resort and Glacier Club are just 10 minutes away. Hiking, biking, paddleboarding, jeeping, hunting, and endless outdoor adventures await right outside your door. Built in 2005, the main residence is a beautifully crafted log home featuring an open floor plan that seamlessly connects the kitchen, dining, and living spaces. A striking stone fireplace creates a warm gathering place, while a dedicated office offers picturesque lake views. The recently added enclosed back patio is perfect for year-round entertaining—watch the big game, grill with friends, and enjoy the abundant wildlife that frequents the property. Car enthusiasts and hobbyists will appreciate the expansive improvements, including a generous carport leading to an impressive 8+ car garage with RV parking and pull-through capability. A dedicated workshop with its own stove provides additional flexibility for projects and storage. Above the garage, a comfortable caretaker's residence offers two bedrooms, one bath, and a private deck overlooking the stunning surroundings. Additional features include a picturesque stream and pond, a barn, storage shed, and a tiny home that conveys with the sale. The main residence is thoughtfully positioned to maintain privacy from neighboring properties, creating a peaceful mountain retreat. The possibilities at Almostaranch are nearly endless. Whether envisioned as a luxury mountain estate, family compound, wedding venue, corporate retreat, or income-producing getaway, this remarkable property offers a rare chance to create something truly special in one of Durango's most sought-after locations. Don't miss this exceptional value and the opportunity to make Almostaranch your own.

Location

State CO

County La Plata

Area Durango Rural

Zoning Other

Interior

Interior Features Window Coverings, Walk In Closet, Mud Room, Heated Garage

Heating Floor Radiant

Flooring Carpet-Partial, Hardwood, Tile

Fireplaces Type Living Room

Inclusions Dishwasher, Disposal, Exhaust Fan, Indoor Grill, Microwave, Range/Oven, Refrigerator, Washer

Furnishings Unfurnished

Exterior

Parking Features Attached Garage

Garage Spaces 8.0

Waterfront Description Lake/Reservoir,Seasonal Stream/Spring

View Lake/Pond/Reservoir, Mountains, Valley

Roof Type Metal

Building

Story One Story

Sewer Septic System

Water Domestic Well

New Construction No

Schools

Elementary Schools Animas Valley K-5

Middle Schools Miller 6-8

High Schools Durango 9-12


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Colorado Real Estate Network (CREN) + Sold
Listed by Legacy Properties West Sotheby's Int. Realty

Nearby Locations

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42574 N Highway 550

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Phone*

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The Blackmore Group Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com