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Located at 486 Marys Road, Ridgway, Colorado 81432, this Single Family Home is for Sale with a price of $1,040,000 USD. The property includes 4 bedrooms, has 3 full baths. This listing has 2,512 Sq.Ft. of interior space on a lot of 2.2 Acres. See all Homes for Sale in Ridgway.
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35. 486 Marys Road
1. 486 Marys Road
2. 486 Marys Road
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ColoradoRidgway486 Marys Road

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Description

486 Marys Road,

Ridgway, CO 81432

Marc B Hitchcox, NextHome Virtual, C: 970-729-3055, hitchcoxrealestate@gmail.com, www.crenmls.com: 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 future 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). There are currently 260 or more 5-Star reviews for this AirBnb and the calendar is constantly booked well into the next year. All furniture and supplies needed to operate as an STR are available. There are currently no Short Term Rental permits available at the County.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 subsidize your mortgage for you.Don't overlook this one - homes that pay for themselves in this area are hard to come by! Seller offering a credit for deck work.

This is an Active listing.

Broker Office Phone Number: 970-258-9300

Copyright © 2025Colorado Real Estate Network Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: NextHome Virtual via Data Source: Colorado Real Estate Network Inc. 
4
Bedrooms
3
Full Baths
$1,040,000
price
$414
Price Per Sqft
Single Family Home
Property type
Ouray R-1
School District
Ouray R-1
School District
ouray-school-district-no-r-1-of-the-county-of-ouray-and-ouray-co
Schools
13191725
Web Id
818366
MLS ID
292
Days Posted

Price History

datepricevariancetype
6/28/2025$1,040,000 13.33 %decreased
11/28/2024$1,200,000 10.78 %decreased
10/24/2024$1,345,000 3.58 %decreased
9/30/2024$1,395,000-Listed
listing agent: Marc Hitchcox
more info
2,512 Sq Ft.
interior
2.2 Acres
Exterior
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    486 Marys Road
    Ridgway, CO 81432

    $1,040,000
    4 bd3 ba