LYNNE KRNACIK - Coldwell Banker Distinctive Properties
220 S Lena Street
Ridgway, CO 81432

Description

This is one of Ridgway Colorado's hallmark properties, ideally located one block off Sherman-the main route toward Telluride and the Four Corners Region. The possible uses for this property are almost limitless, due to its extremely flexible zoning and additional property. This listing focuses on its residential possibilities, and you'll find it also listed as a commercial listing. We are running out of places to live in Ridgway! So if you have a little imagination you can create a stellar primary residence, bed and breakfast, hostel, apartment building or duplex. The main floor is architecturally interesting, with beautiful entry area, large bar area that would be a wonderful living room or flex room, a tremendous fully outfitted gourmet kitchen and a large back flexible space that could become bedrooms or additional flexible living space. This level has two bathrooms-in typical restroom style, but these could be combined into one main second bath, or additional bathroom space could be added because of the access the crawl space below affords. Surrounding the perimeter are three decks-one smaller and off of the kitchen area, another larger deck along the south side that has incredible views, and one very large deck that's roughly 1000 square feet that has wonderful Cimarron Mountain and Down Valley views. All in all-just the lower level has roughly 4000 square feet of interior and exterior space for you and your guests to enjoy. There are living quarters already upstairs that comprise another 500 square feet, which includes a private owner's bedroom area, full bathroom, and large storage areas that allow plenty of room for expansion. Most don't realize that this property also includes the 25x142 foot additional lot, which is located immediately south of the main structure. This lot could be sold separately if you choose, however most would view it as additional space for creating something very special. Just one example might be to use it for creating a boutique hotel, connected to the main structure so that the current configuration could be maintained. A lot in this area has incredible coverage-lot line to lot line on the front and sides, and just a 2 foot setback along the alley. You're also allowed to go up three stories in height, and even a rooftop patio could be created. This means that you could add a structure in excess of 10,000 square feet-just on this lot-and even add to the existing structure. Whether a single family residence, or something more complex, this property makes it happen

Details

MLS#738883
StyleHouse
Sub-TypeResale
StatusActive
Year1992
Days On Site391

Features

Bed(s)1
Bath(s) 1 Full, 2 Half
SQ Feet3,015
Story(s)1.5 Story
Acreage0.24

Additional Information

Taxes2011.08
Available AmenitiesElectric,Natural Gas,Internet,Phone - Cell Reception

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Area Information

StateCO
CountyOuray
CityRidgway
Zip Code81432
AreaRidgway
Middle SchoolRidgway 6-8
High SchoolRidgway 9-12
Listing VS Median (in 81432)
Price:
$775,000
low | high
Med:
$366,200
100% of Average
SqFt:
3,015
low | high
Med:
920
100% of Average
$ / SqFt:
$257
low | high
Med:
$103
100% of Average
On Site:
391
low | high
Med:
165
100% of Average
Listing Updated: 11/16/2018
MLS Number: 738883
Listing Provided By:
Todd Schroedel  of  United Country Sneffels Realty



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