49617 Highway 550

Durango, CO 81301

$3,500,000
Price
127,630 / 2.93
Lot Size / Acres
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a view of a garden with a lake
a view of a patio with lawn chairs under an umbrella
a view of a lake from a balcony
a view of a lake with a mountain in the background
a view of a building in the background
a view of a dry yard
a view of a garden with mountains
a view of a city
a view of a city from a balcony
a view of a lake with a mountain in the background
a view of a swimming pool from a balcony
a view of a balcony with an outdoor space
a view of a lake from a balcony
an aerial view of a house
a view of a lake in middle of the town
a view of a balcony with mountain view
a view of a balcony with two chairs and a table
a view of a lake from a balcony
a view of a swimming pool with a yard
a view of a city with lush green forest
a view of a lake in middle of the town
a view of a lake with a garden

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 Market416
Taxes$22,975 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLAND / Commercial
Year Built-
Lot Size2.93 AC
CountyLa Plata County
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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

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$19,355 per month

30 year fixed, 6.36% Interest

Principal and Interest

$17,441

Property Taxes

$1,915

HOA Dues

$0

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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
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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

—
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

—

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

Public Records for 49617 Highway 550

Taxable ValueLand$10,900Additions$89,810Total$100,710
Tax Record2025$8,277 ($690 / month)
Home Facts
Beds3Total Finished SqFt8,762 SqFtAbove Grade Finished SqFt8,762 SqFtStories1Lot Size30,928 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
Animas Valley Elementary School
Public - PK to 5
Miller Middle School
Public - 6 to 8
Durango High School
Public - 9 to 12
Colorado Connections Academy @ Durango
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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More information about 49617 Highway 550, Durango, CO 81301

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 416 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.