Durango, CO 81301,50827 Highway 550

$316,000

Est. payment /mo

$316,000

Est.Price: ?

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50827 Highway 550 Durango, CO 81301

1 Bed

1 Bath

750 SqFt

SOLD DATE : 02/22/2022

Key Details

Sold Price $316,000

Property Type Condo

Sub Type CondoTel

Listing Status Sold

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $421

Subdivision Cascade Village

MLS Listing ID 789268

Sold Date 02/22/22

Bedrooms 1

Full Baths 1

Year Built 1983

Annual Tax Amount $380

Tax Year 2020

Property Description

Well cared for and welcoming home away from home. 1 bedroom 1 bath condo at Cascade Village Resort with rock fireplace for the mountain experience, 1 car garage parking, ski /owners storage closet. Contact agent for details regarding Short Term Rental History. Successful income in addition to owner's use. Similar units rent for $75.00 to $120 per night, with a recent comparable unit (working the low rate, high occupancy ratio strategy) which yield more than 25,000 in gross rents last year. Depending upon the season there is both onsite and off site vacation management options available. Price shall include furnishings. Interior finish has Rustic Mountain interior ascents. The monthly HOA fee pays for the cable TV, internet, phone, fire wood, snow removal, trash, sewer, insurance, common area maintenance, capital contribution, and the club house with pool and hot tubs open 24 hours a day. Grizzly Peak provides the central water service, and the electrical service is separately metered and paid by each unit individually.

Location

State CO

County San Juan

Interior

Furnishings Furnished

Exterior

Garage Carport

Garage Spaces 1.0

Waterfront No

Building

New Construction No

Schools

Elementary Schools Animas Valley K-5

Middle Schools Miller 6-8

High Schools Durango 9-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Keller Williams Realty Southwest Associates, LLC

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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