645 2nd St

Ouray, CO 81427

$1,775,000
Price
5
Beds
2,675 Sq. Ft.
$664 / Sq. Ft.
2,675
Sq. Ft.
$664
per Sq. Ft.

Description

This fully remodeled 120-year-old gem seamlessly blends historic character with modern elegance, all in one of Ouray’s most sought-after locations. Ideally situated just across from the iconic Western Hotel and within easy walking distance to the town’s charming shops, restaurants, and hot springs, this exceptional property offers the best of both past and present. Step inside to discover original architectural details lovingly preserved—solid wood doors, intricate trim work, vintage fixtures, and...This fully remodeled 120-year-old gem seamlessly blends historic character with modern elegance, all in one of Ouray’s most sought-after locations. Ideally situated just across from the iconic Western Hotel and within easy walking distance to the town’s charming shops, restaurants, and hot springs, this exceptional property offers the best of both past and present. Step inside to discover original architectural details lovingly preserved—solid wood doors, intricate trim work, vintage fixtures, and gorgeous hardwood floors—enhanced by tasteful, high-end updates throughout. The gourmet kitchen is a chef’s dream, featuring custom cabinetry, granite countertops, and top-of-the-line stainless steel appliances, opening into spacious living areas perfect for entertaining or relaxing in style. With five generous bedrooms and 3.5 thoughtfully appointed bathrooms, the home is designed for comfort and flexibility. The main-floor en-suite includes a fully ADA-compliant bath, offering accessible luxury, while the upstairs primary suite provides a peaceful retreat with its private outdoor deck and spa-like bathroom, complete with a classic clawfoot soaking tub. Step outside to a beautifully landscaped yard featuring a welcoming patio and cozy fire pit—ideal for gathering under the Colorado sky. In addition to its residential charm, this property is a proven income-generating powerhouse. Zoned for commercial use, it has operated as a highly successful luxury vacation rental, consistently earning top ratings and praise. Ranked in the top 1% of all homes on Airbnb, it has been celebrated by guests as one of the platform’s “most loved homes”—a testament to its unique character, impeccable design, and unforgettable guest experience. Offered fully furnished and meticulously decorated, this turn-key property is ready for its next chapter—whether as a cherished private home, a lucrative vacation rental, or both. Don’t miss this rare opportunity to own a piece of Ouray’s rich history—elegantly reimagined for modern living and exceptional hospitality.
  1. Listed by Peggy Lindsey • Ouray Real Estate Corporation
  2. Listed by Kayla Karsh • Ouray Real Estate Corporation

Property Details for 645 2nd Street

Water Front
No
Zoning
Commercial
Views
Mountains
Subdv Name
Other
LISTING UPDATED: 05/18/2025 01:38 AM

Property Details for 645 2nd Street

StatusActive
MLS #824114
Days on Market30
Taxes$15,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Stick Built
Year Built1902
Lot Size0.08 AC / 3,484 SF
CountyOuray County

Location

Listing Courtesy of Ouray Real Estate Corporation, Peggy Lindsey; Ouray Real Estate Corporation, Kayla Karsh
Add your commute

Building Information for 645 2nd Street

Stories2Year Built1902Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$10,551 per month

30 year fixed, 6.845% Interest

Principal and Interest

$9,300

Property Taxes

$1,251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 645 2nd Street

Summary
Location and General Information
  • Year Remodeled: 20223
  • Directions: On the SE corner of 7th avenue and 2nd street in Ouray.
Owner
  • Owner Name: Makalu llc
Parking
  • RV Parking: No
  • Carport Y/N: No
  • Garage Y/N: No
School Information
  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: 15017
Property
Property and Assessments
  • Domestic Water Source: City Water
  • Domestic Sewer Source: Public Sewer
  • FIPS Code: 08091
  • Legal/Lot Block: Subd: JOHNSON SUBD Lot: A S: 31 T: 44 R: 7
  • Foreign Owned Y/N: No
  • Photo Count: 35
  • New Construction Y/N: No
  • Disclosures: Lead Base Paint
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: Less than .25
  • Current Property Use: Residential, Commercial
  • Possible Property Use: Residential, Commercial
  • Lot Dimension: 3750 feet
  • Parcel ID #: 4.51531208002E11
  • SqFt Source: assessor
  • Elevation: 7700
  • Property Description: Corner
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: Clearnetworx
  • Water Heater: Gas Water Heater
  • Utilities: Electric, Natural Gas, 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: 1
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Bathrooms: 4.00
  • Primary Bedroom Level: Upper Level
  • Dining: Eat-in Kitchen, Separate Dining
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Furnished
  • Main SF: 1621
  • Upper SF: 1055
  • Bsmt SF: 390
  • Florring: Hardwood, Tile
  • Foundation/ Basement: Basement-below grade, Basement-partial finish
  • Heating Fuel/Source: Natural Gas
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Heating System: Boiler
  • Interior Inclusion: Window Coverings, All Furnishings, Ceiling Fan(s), W/D Hookup, Granite Counters
Exterior Features
  • Residence Style: Victorian
  • Construction Type: Wood Frame
  • Roof: Metal
  • Exterior Inclusions: Landscaping, Deck, Lawn Sprinklers, Covered Porch
  • Siding: Wood
  • Windows: Double Pane, Wood

Property History for 645 2nd Street

DateEvent & SourcePriceAppreciation
May 15, 2025

Price Change

CRENMLS #824114

$1,775,000
May 14, 2025

Price Change

CRENMLS #824114

$1,850,000
May 14, 2025

Listed (Active)

CRENMLS #824114

$1,775,000
Dec 20, 2024

Expired

CRENMLS #815570

Jun 30, 2024

Listed (Active)

CRENMLS #815570

$1,850,000
Sep 27, 2022

Sold (Public Record)

Public Record #1497952521

$850,000

+13.1% / yr

Sep 26, 2022

Sold

CRENMLS #797232

$850,000
Aug 16, 2022

Pending

CRENMLS #797232

Aug 10, 2022

Listed (Active)

CRENMLS #797232

$999,000
Dec 18, 2015

Sold (Public Record)

Public Record #1080396556

$370,000
Dec 2, 2015

Withdrawn

CRENMLS #704929

Apr 22, 2015

Listed (Active)

CRENMLS #704929

$390,000
DateEvent & SourcePrice
05/15/2025

Price Change

CRENMLS #824114

$1,775,000
05/14/2025

Price Change

CRENMLS #824114

$1,850,000
05/14/2025

Listed (Active)

CRENMLS #824114

$1,775,000
12/20/2024

Expired

CRENMLS #815570

06/30/2024

Listed (Active)

CRENMLS #815570

$1,850,000
09/27/2022

Sold (Public Record)

Public Record #1497952521

$850,000

+13.1% / yr

09/26/2022

Sold

CRENMLS #797232

$850,000
08/16/2022

Pending

CRENMLS #797232

08/10/2022

Listed (Active)

CRENMLS #797232

$999,000
12/18/2015

Sold (Public Record)

Public Record #1080396556

$370,000
12/02/2015

Withdrawn

CRENMLS #704929

04/22/2015

Listed (Active)

CRENMLS #704929

$390,000

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

Public Records for 645 2nd Street

Taxable ValueLand$26,520Additions$213,870Total$240,390
Tax Record2024$14,925 ($1,244 / month)
Home Facts
Total Finished SqFt3,577 SqFtAbove Grade Finished SqFt3,577 SqFtStories2Lot Size3,746 SqFtStyleMiscellaneous CommercialYear Built1902Year Renovated2005CountyOURAYAPN451531208002

Schools near 645 2nd Street

This home is within Ouray R-1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Ouray Elementary School
PublicPK to 4

Ouray Middle School
Public5 to 8

Ouray Senior 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.

Similar Homes

Similar Sold Homes

645 2nd Street is a single family home for sale in Ouray, CO 81427. This property was listed for sale on May 15, 2025 by Ouray Real Estate Corporation, it's currently listed at $1,775,000. It has been on the market for a total of 30 days and was last sold on September 27, 2022. This listing's school district is Ouray R-1 School District. Nearby schools include Ouray Elementary School, Ouray Middle School and Ouray Senior High School. 645 2nd Street is a 5-bed, 3.5-bath, 2,675 sqft single family home built in 1902.

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. 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 Ouray Real Estate Corporation, Peggy Lindsey; Ouray Real Estate Corporation, Kayla Karsh

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.