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$721,900
Active
San Juan County, CO

50827 Hwy 550, Durango, Colorado

MLS ID: 811090
Status: Active
Price: $721,900
Type: Condo, Residential
Address: 50827 Hwy 550
City, State: Durango, CO
County: San Juan County
ZIP Code: 81301
Parcel Number: 50891320080013
Listed by: Wil Klooster of The Wells Group Of Durango, Llc
Bedrooms: 3
Bathrooms: 3
Year Built: 1982

Description

Discover the epitome of Colorado living at 50827 N. Highway 550 #13, an expansive 3 bedroom, 3 full bathroom condo nestled in the serene Cascade Village - a haven for investors seeking a top-tier vacation property! This remarkable condo exemplifies a comfortable and contemporary mountain living lifestyle with its recent renovations and seemingly endless amenities. Immerse yourself in unforgettable mountain panoramas just off the balcony, which provides a stunning backdrop of local wildlife and the majestic peaks of the San Juan Mountains. As you peak North, there is a wide open view of Engineer Mountain. It is truly remarkable to have such a unique and seamless transition between indoor and outdoor living. Surrounded by the natural splendor of the area, there are incredible amenities on and very near the condo. Situated at 30 miles North of downtown Durango, and just 20 miles South of Silverton - this property is a perfect mountain adventure getaway for the whole family, as Purgatory Mountain resort is less than 2 miles to the South. Purgatory offers world renown skiing, snowboarding, snowmobiling, and snowcat tours in the winter. Summer activity offerings include magnificent mountain biking trails, hiking, and an all new alpine coaster and slide. Your quest for the ideal vacation retreat and investment opportunity concludes right here. Recent updates, including a water softener, washer and dryer, sinks, toilets, interior/exterior paint, really enhance the property's allure. A new high speed fiber optic cable internet system has been installed throughout the entire property. A total of three new smart televisions wirelessly stream videos with ease. Additional storage on the bottom level is complete with a freezer. Nearby extra storage options are available on the property as well. A timely and professional radon test has been completed and passed, ensuring peace of mind. Anticipate more upcoming renovations for the entire building, including a new roof scheduled for early 2024. A recent asphalt paving project that has been completed around the building, facilitates improved snowmelt irrigation. Although this is a turnkey-ready investment that comes fully furnished with high end movables - it has never been rented before. This particular condo has always been owner occupied as they have opted to keep it in pristine condition over the years. Similar properties within the association have a strong proven rental history for profits. Cascade Village boasts a plethora of amenities, including an indoor pool, spa, sauna, fitness center, free ski shuttle service, outdoor hot tub, BBQ area with picnic tables, fishing pond, hiking trails, tennis/pickle-ball courts, and much more. These offerings, along with all other aspects of the condo certainly bring it all over the top. This property will not last long, so please, capture the chance to immerse yourself in the ultimate Colorado lifestyle. Reach out for a showing now, and envision Cascade Village as your treasured haven in the Rockies. Truly an excellent investment opportunity for those aspiring to attain the summit of mountain property ownership!

Additional Information

Interior

Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Water Purifier, Washer
Bathrooms Full: 3
Building Area Total: 1,680
Fireplace Features: Living Room
Fireplace (Yes/no): Yes
Flooring: Partially Carpeted, Tile
Furnished: Furnished
Heating (Yes/no): Yes
Heating: Baseboard, Electric, Fireplaces, Wood
Interior Features: Breakfast Bar, Ceiling Fans, Furnished, Game Room, Jetted Tub, Kitchen Island, Living Dining Room, Mud Room, Pantry, Skylights, Sauna, Upper Level Primary, Vaulted Ceilings, Wiredfor Data, Walk In Closets
Spa (Yes/no): Yes

Exterior

Exterior Features: Balcony, Deck, Gas Grill, Hot Tub Spa, Sprinkler Irrigation, Landscaping, Patio, Shed
Lot Features: Adjacent To Open Space, Foothills, Ski In Ski Out
Patio and Porch Features: Balcony, Deck, Patio
Pool Features: Indoor, In Ground, Community
Road Frontage Type: Highway
Roof: Membrane
Stories: 3
Water Source: Public
Window Features: Skylights

Financial/HOA/Schools

Association (Yes/no): Yes
Association Name: Cascade Village Home Owners Association
Association Fee: $866
Association Fee Frequency: Monthly
Association Fee Includes: Association Management, Common Areas, Cable TV, Fitness Facility, Fishing Rights, High Speed Internet, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Phone, Road Maintenance, Snow Removal, Taxes, Trash
Days On Market: 134
Elementary School: Animas Valley K-5
Middle School: Miller 6-8
High School: Durango 9-12
Subdivision Name: Cascade Village

Extra Information

Disclosures: Covenants Restrictions Disclosure
Spencer Jordan

Spencer Jordan

Carbondale, Colorado

(203) 962-3683

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Listed By: Wil Klooster of The Wells Group Of Durango, Llc