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220 S Lena Property

Courtesy of Todd Schroedel


Details

  • MLS# 738883
  • List Price: $775,000
  • Property Type: Residential
  • 220 S Lena
  • Ridgway, CO 81432
  • County: Ouray

Remarks

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! Call today for additional information on this quality property located in the Heart of the San Juans!


Interior Features

  • 1 Beds
  • 3 Baths
  • 3015 Square Feet
  • Cooling: Evaporative Cooler
  • Zoning: Residential Single Family, Mixed-Use

Exterior Features

  • 0.24 Acres
  • Garage:
  • Roof: Metal

Schools

  • Elementary: Ridgway K-5
  • Middle: Ridgway 6-8
  • High: Ridgway 9-12

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This data was last updated: 2018-02-19 12:15pm

SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.