49617 Highway 550

127,630 / 2.93
Lot Size / Acres

Description

COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which...COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners. Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.
  1. Listed by Jaime Marquez • Coldwell Banker Mountain Properties
  2. Listed by Hazel Hackett • Destination DRO Real Estate Group, LLC

Property Details for 49617 Highway 550

Water Front
No
Zoning
Commercial, Other, Residential Multi Family
Views
Lake/Pond/Reservoir, Mountains, Valley
Subdv Name
None
LISTING UPDATED: 12/09/2025 04:44 PM

Property Details for 49617 Highway 550

StatusActive
MLS #822848
Days on Market304
Taxes$22,975 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Commercial
Year Built-
Lot Size2.93 AC
CountyLa Plata County

Location

Listing Courtesy of Coldwell Banker Mountain Properties, Jaime Marquez; Destination DRO Real Estate Group, LLC, Hazel Hackett
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Building Information for 49617 Highway 550

Lot Size2.93 AC

Payment Calculator

$18,973 per month

30 year fixed, 6.15% Interest

Principal and Interest

$17,058

Property Taxes

$1,915

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 49617 Highway 550

Summary
Location and General Information
  • Directions: From historic downtown Durango, head North on US Hwy 550 towards the Purgatory Ski Resort (approx 25 miles from town). Pass the main resort entrance and it will be the immediate next property on the left.
  • Fronts: Hwy 550, Mtn Views
School Information
  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
Taxes and HOA Information
  • Tax Account ID: R017804 & R017780
  • HOA Y/N: No
  • Other Transfer Fees Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 22975
Virtual Tour
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Lot 2 49617 N US Hwy 550 Durango 81301 and Lot 3 Tract IN 24-39-9. Lengthy legal description.
  • Photo Count: 23
  • Covenants Y/N: NO
  • Board Name: Durango Area Assn of Realtors
  • Acres Source: Assessor
  • Documents On File: Aerial Photos, Easements, Plot Plan/Plat/Survey, Topography Map
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 1-5 Acres
  • Current Property Use: Other-see remarks, Skier Access
  • Possible Property Use: Commercial, Other-see remarks, Skier Access
  • Lot Dimension: Irreg 586' x 290'
  • Parcel ID #: 5.08924313027E11
  • Elevation: 8500
  • Property Description: Boundaries Marked, Corners Marked, Boundaries Surveyed, Skier Access
Utilities
  • Utilities: Electricity, Internet, Propane-tank owned
  • Sewer Tap Avail: Yes
  • Sewer/Septic In: Yes
  • Sewer Paid: Yes
  • Water Tap Avail: Yes
  • Water Tap Installed: Yes
  • Water Tap Paid: Yes
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: No
  • DOMESTIC WATER: Domestic Installed/Paid, Tap Available, Tap Installed, Tap Paid
  • DOMESTIC SEWER: Sewer Tap Available, Sewer Tap Installed, Sewer Tap Paid
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
Exterior Features
  • Horse Setup: No
  • Outbuildings/Structures: Other
  • Topography: Level

Property History for 49617 Highway 550

DateEvent & SourcePriceAppreciation
Apr 10, 2025

Withdrawn

CRENMLS #791707

—
Apr 8, 2025

Listed (Active)

CRENMLS #822848

$3,500,000—
Feb 20, 2025

Listed (Active)

CRENMLS #791707

—
Jun 19, 2024

Withdrawn

CRENMLS #798410

—
Jun 19, 2024

Pending

CRENMLS #798410

—
Jun 19, 2024

Pending

CRENMLS #791707

—
Feb 24, 2024

Listed (Active)

CRENMLS #798410

—
Feb 24, 2024

Listed (Active)

CRENMLS #791707

—
Feb 12, 2024

Pending

CRENMLS #798410

—
Feb 12, 2024

Pending

CRENMLS #791707

—
Nov 30, 2023

Price Change

CRENMLS #798410

$3,500,000—
Aug 31, 2023

Price Change

CRENMLS #798410

$3,375,000—
Aug 30, 2023

Withdrawn

CRENMLS #791706

—
Apr 26, 2023

Listed (Active)

CRENMLS #791706

—
Apr 26, 2023

Listed (Active)

CRENMLS #798410

—
Feb 8, 2023

Pending

CRENMLS #791706

—
Feb 8, 2023

Pending

CRENMLS #798410

—
Nov 26, 2022

Price Change

CRENMLS #791706

$2,399,000—
Sep 22, 2022

Price Change

CRENMLS #791706

$2,750,000—
Sep 19, 2022

Price Change

CRENMLS #798410

$3,750,000—
Sep 19, 2022

Price Change

CRENMLS #798410

$3,500,000—
Sep 19, 2022

Listed (Active)

CRENMLS #798410

$3,375,000—
Aug 19, 2022

Price Change

CRENMLS #791706

$2,950,000—
Mar 23, 2022

Price Change

CRENMLS #791706

$3,250,000—
Mar 23, 2022

Price Change

CRENMLS #791706

$2,950,000—
Mar 23, 2022

Price Change

CRENMLS #791706

$2,750,000—
Mar 23, 2022

Listed (Active)

CRENMLS #791707

$3,500,000—
Mar 23, 2022

Listed (Active)

CRENMLS #791706

$2,399,000—
Nov 30, 2021

Expired

CRENMLS #786186

—
Aug 24, 2021

Sold (Public Record)

Public Record #1469635422

$1,500,000

+4.2% / yr

Aug 23, 2021

Listed (Active)

CRENMLS #786186

$3,950,000—
Jun 16, 2006

Sold (Public Record)

Public Record #197112783

$797,500—
DateEvent & SourcePrice
04/10/2025

Withdrawn

CRENMLS #791707

—
04/08/2025

Listed (Active)

CRENMLS #822848

$3,500,000
02/20/2025

Listed (Active)

CRENMLS #791707

—
06/19/2024

Withdrawn

CRENMLS #798410

—
06/19/2024

Pending

CRENMLS #798410

—
06/19/2024

Pending

CRENMLS #791707

—
02/24/2024

Listed (Active)

CRENMLS #798410

—
02/24/2024

Listed (Active)

CRENMLS #791707

—
02/12/2024

Pending

CRENMLS #798410

—
02/12/2024

Pending

CRENMLS #791707

—
11/30/2023

Price Change

CRENMLS #798410

$3,500,000
08/31/2023

Price Change

CRENMLS #798410

$3,375,000
08/30/2023

Withdrawn

CRENMLS #791706

—
04/26/2023

Listed (Active)

CRENMLS #791706

—
04/26/2023

Listed (Active)

CRENMLS #798410

—
02/08/2023

Pending

CRENMLS #791706

—
02/08/2023

Pending

CRENMLS #798410

—
11/26/2022

Price Change

CRENMLS #791706

$2,399,000
09/22/2022

Price Change

CRENMLS #791706

$2,750,000
09/19/2022

Price Change

CRENMLS #798410

$3,750,000
09/19/2022

Price Change

CRENMLS #798410

$3,500,000
09/19/2022

Listed (Active)

CRENMLS #798410

$3,375,000
08/19/2022

Price Change

CRENMLS #791706

$2,950,000
03/23/2022

Price Change

CRENMLS #791706

$3,250,000
03/23/2022

Price Change

CRENMLS #791706

$2,950,000
03/23/2022

Price Change

CRENMLS #791706

$2,750,000
03/23/2022

Listed (Active)

CRENMLS #791707

$3,500,000
03/23/2022

Listed (Active)

CRENMLS #791706

$2,399,000
11/30/2021

Expired

CRENMLS #786186

—
08/24/2021

Sold (Public Record)

Public Record #1469635422

$1,500,000

+4.2% / yr

08/23/2021

Listed (Active)

CRENMLS #786186

$3,950,000
06/16/2006

Sold (Public Record)

Public Record #197112783

$797,500

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

Public Records for 49617 Highway 550

Taxable ValueLand$9,450Additions$73,270Total$82,720
Tax Record2024$5,952 ($496 / month)
Home Facts
Beds3Total Finished SqFt8,762 SqFtAbove Grade Finished SqFt8,762 SqFtStories1Lot Size31,189 SqFtStyleSingle Family ResidenceYear Built1969CountyLA PLATAAPN5089-243-13-027Fireplace TypeHas Fireplace

Schools near 49617 Highway 550

This home is within Durango 9-R School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Animas Valley Elementary School
PublicPK to 5

Miller Middle School
Public6 to 8

Durango High School
Public9 to 12

Colorado Connections Academy @ Durango
PublicK 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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49617 Highway 550 is a 2.93 ac of land for sale in Durango, CO 81301. This property was listed for sale on April 9, 2025 by Coldwell Banker Mountain Properties, it's currently listed at $3,500,000. It has been on the market for a total of 304 days and was last sold on August 24, 2021. This listing's school district is Durango 9-R School District. Nearby schools include Animas Valley Elementary School, Miller Middle School and Durango High School. 49617 Highway 550 is a 0-bed, 0-bath, 2.93 ac of land on a 127,630 sq. ft. / 2.93 acres lot.

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 Coldwell Banker Mountain Properties, Jaime Marquez; Destination DRO Real Estate Group, LLC, Hazel Hackett

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.