400 Palomino Trail

1,952 Sq. Ft.
$525 / Sq. Ft.
1,952
Sq. Ft.
$525
per Sq. Ft.

Description

Unique Multi-Use Property in Ridgway – Prime Commercial & Residential Opportunity in recently constructed building! Seize this rare opportunity to own one of Ridgway’s most versatile and intelligently designed properties! This exceptional Residential/Commercial/Multi-Use building is a testament to thoughtful planning, blending contemporary residential features with Western Victorian charm. Whether you're an entrepreneur, investor, or someone seeking a live/work space in the Ridgway, Ouray and Telluride...Unique Multi-Use Property in Ridgway – Prime Commercial & Residential Opportunity in recently constructed building! Seize this rare opportunity to own one of Ridgway’s most versatile and intelligently designed properties! This exceptional Residential/Commercial/Multi-Use building is a testament to thoughtful planning, blending contemporary residential features with Western Victorian charm. Whether you're an entrepreneur, investor, or someone seeking a live/work space in the Ridgway, Ouray and Telluride area, this property offers unparalleled flexibility. Maximize Income Potential with Smart Zoning Strategically built within Ridgway’s General Commercial zoning, this property is currently configured as two distinct residential and commercial units: Lower Level: A commercial space that allows for short-term rentals (up to 29 days) or a variety of business uses, including retail, office space, professional services, breweries, art or antique galleries, or even light manufacturing. Upper Level: A beautifully finished residential unit, ideal for long-term living or short-term vacation rentals (VRBO/Airbnb) under a Ridgway short-term rental license. With this dual-purpose setup, you can generate rental income from both floors or utilize one as a residence while running a business from the other—a rare find in Ridgway! Designed for Efficiency & Timeless Appeal This custom-built flexible property blends perfectly into the vibrant Ridgway community while offering: High-quality materials & craftsmanship, covered parking & dual entrances for convenience, expansive porches & decks designed for privacy and stunning views, landscaped grounds with mature trees & perennials, state-of-the-art heat pump system for efficient heating, cooling, and air filtration. With an impressive building footprint and room to expand, this property presents a prime opportunity for growth. Add another rental unit, increase commercial capacity, or reconfigure the space to match your unique vision—all while maintaining ample off-street parking and accessibility. Located at the very eastern edge of Ridgway, just a quick walk to the center of Town, and just minutes from Ouray’s hot springs and Telluride’s world-class skiing, this property places you in one of Colorado’s most sought-after areas for both tourism and year-round living. Whether you dream of running a business, investing in Ridgway’s thriving market, or creating the ultimate live/work space, this multi-use property offers unmatched potential. Schedule a showing today and start building your future in Ridgway, Telluride, and Ouray!
  1. Listed by Todd Schroedel • United Country Sneffels Realty

Property Details for 400 Palomino Trail

Water Front
No
Zoning
Other, Live/Work, Commercial, Mixed-Use
Views
Mountains, Valley
Subdv Name
Other
LISTING UPDATED: 03/24/2026 01:38 AM

Property Details for 400 Palomino Trail

StatusActive
MLS #832733
Days on Market5
Taxes$2,613 / year
HOA Fees$259 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built2006
Lot Size0.23 AC / 9,888 SF
CountyOuray County

Location

Listing Courtesy of United Country Sneffels Realty, Todd Schroedel
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Building Information for 400 Palomino Trail

Stories2Year Built2006Building Size-Lot Size0.23 AC / 9,888 SF

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$5,214 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,974

Property Taxes

$218

HOA Dues

$22

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Property Information for 400 Palomino Trail

Summary
Location and General Information
  • Directions: From Ouray's one and only stop light--turn east on Hunter Parkway and then turn south at the first intersection. The property will be on the east side-and just beyond the Mountain Lodge Ridgway.
  • Fronts: Palomino
Parking
  • RV Parking: Yes
  • Carport Y/N: Yes
  • Carport Spaces: 10+
  • Garage Y/N: No
School Information
  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8
  • High School: Ridgway 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 259.00
  • HOA Inclusions: Irrigation
  • HOA Name: Eastside Sub
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 2612.82
Property
Property and Assessments
  • Domestic Water Source: City Water
  • Domestic Sewer Source: Public Sewer
  • FIPS Code: 08091
  • Legal/Lot Block: Subd: HOLLENBECK LOT SPLIT Lot: 24A Subd: EASTSIDE SUBDIVISION, REPLAT OF THE (FORMERLY LOT 24, THIS LEGAL FOR SEARCH PURPOSES ONLY) S: 16 T: 45 R: 8
  • Foreign Owned Y/N: No
  • Photo Count: 29
  • New Construction Y/N: No
  • Disclosures: Covenants, Pets Allowed, Property Disclosure
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: Yes
  • Lot Size/Acerage: Less than .25
  • Current Property Use: Residential, Commercial, Recreational
  • Possible Property Use: Residential, Commercial, Mountain Recreation, Recreational, Mixed-Use, Skier Access
  • Lot Dimension: 143x70
  • Parcel ID #: 4.30516412001E11
  • SqFt Source: Assessor
  • Elevation: 7200
  • Property Description: Foothills, Golf Course Near, Boundaries Surveyed
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
  • Green Efficient: Heating, Electrical/Lighting
  • Indoor Air Quality: Air Filtration System
Utilities
  • Irrigation/Water District: Eastside HOA
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Heater: Electric Water Heater
  • Utilities: Electric, Natural Gas, Internet, Internet - DSL, Phone - Cell Reception, Phone - Landline
  • Addit Living Quarters: Yes
  • Water Well: No
Multi Family
Multi-Family Information
  • Residence Stories: Two Story
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Bathrooms: 2.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Furnished
  • Addit Living Type: Private Entrance apt
  • Main SF: 992
  • Upper SF: 960
  • Florring: Engineered Flooring
  • Foundation/ Basement: Slab
  • Heating Fuel/Source: Geo Thermal
  • Cooling: Central A/C
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Heating System: Forced Air, Heat Pump
  • Interior Inclusion: Window Coverings, All Furnishings
Exterior Features
  • Residence Style: Other
  • Construction Type: Wood Frame
  • Roof: Metal
  • Exterior Inclusions: Landscaping, Irrigation Water, Deck, Lawn Sprinklers
  • Fence: Privacy
  • Siding: Cedar
  • Windows: Double Pane, Low Emittance

Property History for 400 Palomino Trail

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

CRENMLS #832733

$1,025,000
Dec 2, 2025

Temporarily Off Market

TMLS #43337

Nov 30, 2025

Expired

CRENMLS #828150

Nov 14, 2025

Price Change

TMLS #43337

$1,024,000
Nov 14, 2025

Listed (Active)

TMLS #43337

Sep 2, 2025

Price Change

TMLS #43337

$999,000
Sep 2, 2025

Temporarily Off Market

TMLS #43337

Sep 1, 2025

Price Change

CRENMLS #828150

$1,025,000
Sep 1, 2025

Listed (Active)

CRENMLS #828150

$999,000
Aug 31, 2025

Expired

CRENMLS #821642

Aug 11, 2025

Price Change

TMLS #43337

$1,100,000
Aug 11, 2025

Price Change

CRENMLS #821642

$1,100,000
Jul 15, 2025

Price Change

CRENMLS #821642

$1,125,000
Jul 10, 2025

Price Change

TMLS #43337

$1,137,500
Jul 10, 2025

Price Change

CRENMLS #821642

$1,137,500
Jun 25, 2025

Price Change

TMLS #43337

$1,150,000
Jun 25, 2025

Price Change

CRENMLS #821642

$1,150,000
Mar 18, 2025

Listed (Active)

TMLS #43337

Mar 18, 2025

Temporarily Off Market

TMLS #43337

Mar 3, 2025

Price Change

TMLS #43337

$1,185,000
Mar 3, 2025

Price Change

TMLS #43337

$1,150,000
Mar 3, 2025

Price Change

TMLS #43337

$1,137,500
Mar 3, 2025

Price Change

TMLS #43337

$1,100,000
Mar 3, 2025

Price Change

TMLS #43337

$1,024,000
Mar 3, 2025

Listed (Active)

TMLS #43337

$999,000
Mar 2, 2025

Price Change

CRENMLS #821642

$1,185,000
Mar 2, 2025

Price Change

CRENMLS #821642

$1,150,000
Mar 2, 2025

Price Change

CRENMLS #821642

$1,137,500
Mar 2, 2025

Price Change

CRENMLS #821642

$1,125,000
Mar 2, 2025

Listed (Active)

CRENMLS #821642

$1,100,000
Oct 4, 2024

Temporarily Off Market

TMLS #42440

Oct 1, 2024

Expired

CRENMLS #812099

Oct 1, 2024

Expired

CRENMLS #816270

Aug 24, 2024

Listed (Active)

TMLS #42440

Jul 22, 2024

Listed (Active)

CRENMLS #816270

$1,150,000
Apr 14, 2024

Temporarily Off Market

TMLS #42440

Apr 4, 2024

Temporarily Off Market

TMLS #42408

Apr 2, 2024

Listed (Active)

TMLS #42408

Apr 2, 2024

Temporarily Off Market

TMLS #42408

Mar 31, 2024

Listed (Active)

CRENMLS #812099

$1,150,000
Sep 3, 2023

Temporarily Off Market

TMLS #39515

Sep 1, 2023

Expired

CRENMLS #800023

Sep 1, 2023

Expired

CRENMLS #797857

Mar 29, 2023

Listed (Active)

TMLS #39515

Dec 18, 2022

Withdrawn

CRENMLS #790199

Dec 12, 2022

Expired

CRENMLS #797858

Dec 11, 2022

Listed (Active)

CRENMLS #800023

$1,150,000
Sep 1, 2022

Temporarily Off Market

TMLS #39515

Aug 28, 2022

Listed (Active)

CRENMLS #797857

$1,150,000
Aug 28, 2022

Listed (Active)

CRENMLS #797858

$1,150,000
Aug 26, 2022

Temporarily Off Market

CRENMLS #790199

Jul 5, 2022

Listed (Active)

TMLS #39515

Feb 2, 2022

Withdrawn

CRENMLS #782527

Feb 2, 2022

Listed (Active)

CRENMLS #790199

$1,150,000
May 28, 2021

Temporarily Off Market

TMLS #39515

May 27, 2021

Listed (Active)

CRENMLS #782527

$1,150,000
May 27, 2021

Listed (Active)

TMLS #39515

$1,150,000
May 27, 2021

Listed (Active)

TMLS #42408

$1,150,000
May 27, 2021

Listed (Active)

TMLS #42440

$1,150,000
DateEvent & SourcePrice
03/20/2026

Listed (Active)

CRENMLS #832733

$1,025,000
12/02/2025

Temporarily Off Market

TMLS #43337

11/30/2025

Expired

CRENMLS #828150

11/14/2025

Price Change

TMLS #43337

$1,024,000
11/14/2025

Listed (Active)

TMLS #43337

09/02/2025

Price Change

TMLS #43337

$999,000
09/02/2025

Temporarily Off Market

TMLS #43337

09/01/2025

Price Change

CRENMLS #828150

$1,025,000
09/01/2025

Listed (Active)

CRENMLS #828150

$999,000
08/31/2025

Expired

CRENMLS #821642

08/11/2025

Price Change

TMLS #43337

$1,100,000
08/11/2025

Price Change

CRENMLS #821642

$1,100,000
07/15/2025

Price Change

CRENMLS #821642

$1,125,000
07/10/2025

Price Change

TMLS #43337

$1,137,500
07/10/2025

Price Change

CRENMLS #821642

$1,137,500
06/25/2025

Price Change

TMLS #43337

$1,150,000
06/25/2025

Price Change

CRENMLS #821642

$1,150,000
03/18/2025

Listed (Active)

TMLS #43337

03/18/2025

Temporarily Off Market

TMLS #43337

03/03/2025

Price Change

TMLS #43337

$1,185,000
03/03/2025

Price Change

TMLS #43337

$1,150,000
03/03/2025

Price Change

TMLS #43337

$1,137,500
03/03/2025

Price Change

TMLS #43337

$1,100,000
03/03/2025

Price Change

TMLS #43337

$1,024,000
03/03/2025

Listed (Active)

TMLS #43337

$999,000
03/02/2025

Price Change

CRENMLS #821642

$1,185,000
03/02/2025

Price Change

CRENMLS #821642

$1,150,000
03/02/2025

Price Change

CRENMLS #821642

$1,137,500
03/02/2025

Price Change

CRENMLS #821642

$1,125,000
03/02/2025

Listed (Active)

CRENMLS #821642

$1,100,000
10/04/2024

Temporarily Off Market

TMLS #42440

10/01/2024

Expired

CRENMLS #812099

10/01/2024

Expired

CRENMLS #816270

08/24/2024

Listed (Active)

TMLS #42440

07/22/2024

Listed (Active)

CRENMLS #816270

$1,150,000
04/14/2024

Temporarily Off Market

TMLS #42440

04/04/2024

Temporarily Off Market

TMLS #42408

04/02/2024

Listed (Active)

TMLS #42408

04/02/2024

Temporarily Off Market

TMLS #42408

03/31/2024

Listed (Active)

CRENMLS #812099

$1,150,000
09/03/2023

Temporarily Off Market

TMLS #39515

09/01/2023

Expired

CRENMLS #800023

09/01/2023

Expired

CRENMLS #797857

03/29/2023

Listed (Active)

TMLS #39515

12/18/2022

Withdrawn

CRENMLS #790199

12/12/2022

Expired

CRENMLS #797858

12/11/2022

Listed (Active)

CRENMLS #800023

$1,150,000
09/01/2022

Temporarily Off Market

TMLS #39515

08/28/2022

Listed (Active)

CRENMLS #797857

$1,150,000
08/28/2022

Listed (Active)

CRENMLS #797858

$1,150,000
08/26/2022

Temporarily Off Market

CRENMLS #790199

07/05/2022

Listed (Active)

TMLS #39515

02/02/2022

Withdrawn

CRENMLS #782527

02/02/2022

Listed (Active)

CRENMLS #790199

$1,150,000
05/28/2021

Temporarily Off Market

TMLS #39515

05/27/2021

Listed (Active)

CRENMLS #782527

$1,150,000
05/27/2021

Listed (Active)

TMLS #39515

$1,150,000
05/27/2021

Listed (Active)

TMLS #42408

$1,150,000
05/27/2021

Listed (Active)

TMLS #42440

$1,150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400 Palomino Trail

Taxable ValueLand$4,770Additions$50,980Total$55,750
Tax Record2023$3,328 ($277 / month)
Home Facts
Total Finished SqFt1,256 SqFtAbove Grade Finished SqFt1,256 SqFtLot Size9,878 SqFtStyleMulti-Family Res (5+ Units)Year Built2006Year Renovated2010CountyOURAYAPN430516412001

Schools near 400 Palomino Trail

This home is within Ridgway R-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ridgway Elementary School
PublicPK to 5

Ridgway Middle School
Public6 to 8

Ridgway High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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400 Palomino Trail is a single family home for sale in Ridgway, CO 81432. This property was listed for sale on March 21, 2026 by United Country Sneffels Realty, it's currently listed at $1,025,000. This listing's school district is Ridgway R-2 School District. Nearby schools include Ridgway Elementary School, Ridgway Middle School and Ridgway High School. 400 Palomino Trail is a 3-bed, 2-bath, 1,952 sqft single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Country Sneffels Realty, Todd Schroedel

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.