50827 Highway 550, Unit 324

Durango, CO 81301

$329,000
Price
1
Beds
1
Bath
720 Sq. Ft.
$457 / Sq. Ft.
720
Sq. Ft.
$457
per Sq. Ft.

Description

Nestled in the serene embrace of Cascade Village, this delightful 1-bedroom, 1-bathroom condo offers a gateway to a lifestyle of comfort and adventure, set against the stunning backdrop of Purgatory Ski Resort and the natural splendor of Durango, CO. The thoughtful layout maximizes space with an inviting living room, functional kitchen, and cozy bedroom. Whether unwinding on the patio, exploring nearby trails and mountain biking routes, or indulging in the charm of Durango's dining and cultural scene,...Nestled in the serene embrace of Cascade Village, this delightful 1-bedroom, 1-bathroom condo offers a gateway to a lifestyle of comfort and adventure, set against the stunning backdrop of Purgatory Ski Resort and the natural splendor of Durango, CO. The thoughtful layout maximizes space with an inviting living room, functional kitchen, and cozy bedroom. Whether unwinding on the patio, exploring nearby trails and mountain biking routes, or indulging in the charm of Durango's dining and cultural scene, this condo provides a haven for relaxation and outdoor pursuits. What sets this property apart is its versatility as a short-term rental (STR) investment opportunity. With its prime location near Purgatory Ski Resort and its appeal to both winter and summer visitors, this condo becomes an ideal income-generating asset. As a STR, it offers the potential to capitalize on the constant influx of tourists seeking the ultimate Colorado mountain experience. Imagine owning a property that not only provides you with a personal retreat but also serves as a lucrative venture, allowing you to share the beauty of the area with others while enjoying the benefits of a well-managed rental. With direct access to sprawling public lands and the community amenities offered by Cascade Village, this condo is a complete package, offering both relaxation and adventure, along with the potential for a rewarding investment.
  1. Listed by Tel Hamilton • Blackmore Group
  2. Listed by Stetson Hamilton • Blackmore Group

Property Details for 50827 Highway 550, Unit 324

Water Front
No
Zoning
Residential Single Family
Views
Mountains
Waterfront
Pond
Subdv Name
Cascade Village

Location

Listing Courtesy of Blackmore Group, Tel Hamilton; Blackmore Group, Stetson Hamilton
Add your commute
LISTING UPDATED: 04/22/2024 09:36 AM

Property Details for 50827 Highway 550, Unit 324

StatusActive
MLS #807295
Days on Market252
Taxes$472 / year
HOA Fees$509 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeRESIDENTIAL / Condo
Year Built1983
CountySan Juan County

Location

Listing Courtesy of Blackmore Group, Tel Hamilton; Blackmore Group, Stetson Hamilton
Add your commute

Building Information for 50827 Highway 550, Unit 324

Building/Complex50827 Highway 550Floor-Stories2Residences-Pet PolicyOnly Dogs AllowedYear Built1983

Payment Calculator

$2,344 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,795

Property Taxes

$39

HOA Dues

$509

The Payment Calculator is for illustrative purposes only.

Property Information for 50827 Highway 550, Unit 324

Summary
Location and General Information
  • Directions: Take Hwy 550 North from Durango. Cascade Village is 1.5 miles past Purgatory Ski Resort on left.
Owner
  • Owner Name: Dierickx
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8
  • High School: Silverton 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 509
  • HOA Inclusions: Building Maintenance, Landscaping, Trash, Snow Removal, Fitness Facility, Internet, Parking, Road Maintenance, WiFi, Common Area Taxes
  • HOA Name: Cascade Village
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: Yes
  • Tax Year: 2022
  • Total Taxes $: 472
Property
Property and Assessments
  • Domestic Water Source: Public
  • Domestic Sewer Source: Public Sewer
  • FIPS Code: 08111
  • Legal/Lot Block: UNIT 324 NUGGET STUDIO LAYOUT- SILVERTON SUITES- CASCADE VILLAGE
  • Foreign Owned Y/N: No
  • Photo Count: 19
  • New Construction Y/N: No
  • Disclosures: Covenants, Pets-Restricted, Property Disclosure
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: Less than .25
  • Current Property Use: Residential, Mountain Recreation, Recreational, Resort, Skier Access
  • Possible Property Use: Residential, Mountain Recreation, Recreational, Resort, Skier Access
  • Parcel ID #: 5.0891230080324E13
  • Property Description: Borders Public Land, Borders National Forest, Skier Access
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
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Common Facilities: Club House, Pool, Tennis Courts, Laundry Facilities, Park, Fitness Facility, Hot Tub, Storage
  • Water Heater: Electric Water Heater
  • Utilities: Electric, Cable TV, Internet, Phone - Cell Reception
  • Addit Living Quarters: No
  • 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: 0
  • 1/4 Baths: 0
  • Total Bathrooms: 1.00
  • Primary Bedroom Level: Upper Level
  • Dining: Eat-in Kitchen
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Partially Furnished
  • Florring: Tile, Laminate
  • Heating Fuel/Source: Electric
  • Appliance Inclusions: Range Top, Refrigerator, Washer, Dryer, Microwave
  • Heating System: Electric Baseboard, Fireplace
  • Interior Inclusion: Wired/Cable TV, W/D Hookup, Vaulted Ceiling
  • Fireplace/Location/ Type: Living Room
Exterior Features
  • Residence Style: Contemporary
  • Construction Type: Wood Frame
  • Roof: Composition
  • Exterior Inclusions: Landscaping, Balcony
  • Pool: Community
  • Siding: Wood

Property History for 50827 Highway 550, Unit 324

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 50827 Highway 550, Unit 324

Taxable ValueLand-Additions$10,890Total-
Tax Record2022$472 ($39 / month)
Home Facts
Total Finished SqFt375 SqFtAbove Grade Finished SqFt375 SqFtStories1StyleMiscellaneous CommercialYear Built1983ZoningPUDCountySAN JUANAPN50891230080324

Schools near 50827 Highway 550, Unit 324

This home is within Silverton 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silverton Elementary School
PublicPK to 5

Silverton Middle School
Public6 to 8

Silverton 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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50827 Highway 550, Unit 324 is a condo for sale in Durango, CO 81301. This property was listed for sale on August 23, 2023 by Blackmore Group, it's currently listed at $329,000. It has been on the market for a total of 252 days and was last sold on September 8, 2022. This listing's school district is Silverton 1 School District. Nearby schools include Silverton Elementary School, Silverton Middle School and Silverton High School. 50827 Highway 550, Unit 324 is a 1-bed, 1-bath, 720 sqft condo built in 1983.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Blackmore Group, Tel Hamilton; Blackmore Group, Stetson Hamilton

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.