Durango, CO 81301,50827 Highway 550 #308

$162,000

Est. payment /mo

$162,000

Est.Price: ?

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50827 Highway 550 #308 Durango, CO 81301

1 Bed

1 Bath

400 SqFt

SOLD DATE : 04/01/2022

Key Details

Sold Price $162,000

Property Type Condo

Sub Type Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 400 sqft

Price per Sqft $405

Subdivision Cascade Village

MLS Listing ID 789062

Sold Date 04/01/22

Bedrooms 1

Full Baths 1

Year Built 1982

Tax Year 2021

Property Description

Great little short term rental "The Bear Cave" and/or getaway unit near Purgatory Ski Resort and half way between Durango and Silverton. This is a magic place near Cascade falls, San Juan National Forest and the majestic Needles Mountains. Great rental history with room to grow as the current owners are managing themselves below market rate. At an average of $85 per night, this Nugget unit is booked over 80% of the year. All furnishings are included, it's turnkey. High speed internet available. Firewood is provided by HOA. This Studio condo is a perfect base for excursions in any direction. Hiking, Skiing, Horseback riding. You can explore Mesa Verde National Park. Travel north for a day trip to Silverton or Telluride and enjoy spectacular San Juan scenic byway. If you choose to venture out from the Bear Cave to explore the Durango area you will find~ Narrow Gauge Railroad, Bar D Chuck Wagon, River Rafting, Zipline, Alpine Slide to mention just a few. Or just enjoy the many resort amenities the resort has to offer including ski rental, hot tub and pool.

Location

State CO

County San Juan

Interior

Furnishings Furnished

Exterior

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 The Wells Group of Durango, Inc.

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

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