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$734,890
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50827 N Highway 550 Unit 13
Durango, CO 81301
3 bed 3 bath 1,680 SqFt ($437/SqFt)
Built 1982
Listed 2024-02-27, Taxes $1,149
USDA Eligible
near Durango, CO
 

Discover the epitome of Colorado living at 50827 N.

Highway 550 #13, an expansive 3 bedroom, 3 full bathroom condo nestled in the serene Cascade Village - a haven for investors seeking a top-tier vacation property! This remarkable condo exemplifies a comfortable and contemporary mountain living lifestyle with its recent renovations and seemingly infinite amenities. Immerse yourself in unforgettable mountain panoramas off the balcony, which provides a stunning backdrop of local wildlife and the majestic peaks of the San Juan Mountains. As you peak North, there is a wide open view of Engineer Mountain. It is truly remarkable to have such a unique and seamless transition between indoor and outdoor living. Surrounded by the natural splendor of the area, there are incredible amenities on and near the condo. Situated at 30 miles North of downtown Durango and 20 miles South of Silverton - this property is a perfect mountain adventure getaway for the whole family, as Purgatory Mountain resort is less than 2 miles to the South. Purgatory offers world renwn skiing, snowboarding, snowmobiling and snowcat tours in the winter. Summer activity offerings include magnificent mountain biking trails, hiking and an all new alpine coaster and slide. Your quest for the ideal vacation retreat and investment opportunity concludes right here.

Recent updates, including a water softener, washer and dryer, sinks, toilets, interior/exterior paint, really enhance the property's allure. A new high speed fiber optic cable internet system has been installed throughout the entire property. A total of three new smart televisions wirelessly stream videos with ease. Additional storage on the bottom level is complete with a freezer. Nearby extra storage options are available on the property as well. A timely and professional radon test has been completed and passed, ensuring peace of mind. Anticipate more upcoming renovations for the entire building, including a new roof scheduled for early 2024. A recent asphalt paving project that has been completed around the building, facilitates improved snowmelt irrigation. Although this is a turnkey-ready investment that comes fully furnished with high end movables - it has never been rented before. This particular condo has always been owner occupied as they have opted to keep it in pristine condition over the years. Similar properties within the association have a strong proven rental history for profits. Cascade Vill age boasts a plethora of amenities, including an indoor pool, spa, sauna, fitness center, free ski shuttle service, outdoor hot tub, BBQ area with picnic tables, fishing pond, hiking trails, tennis/pickle-ball courts and much more. These offerings, along with all other aspects of the condo certainly bring it all over the top. This property will not last long, so please, capture the chance to immerse yourself in the ultimate Colorado lifestyle. Reach out for a showing now and envision Cascade Village as your treasured haven in the Rockies. Truly an excellent investment opportunity for those aspiring to attain the summit of mountain property ownership!


Presented by Wil Klooster at
The Wells Group of Durango, LLC.
Listing Agent Photo

Property MLS #811090 from CREN

Bedrooms: 3
Primary Bedroom Level: Upper Level

Total Bathrooms: 3
Full Bathrooms: 3

Wired/Cable TV
All Furnishings
Ceiling Fan(s)
Skylight(s)
Vaulted Ceiling
Jetted Tub
Pantry
Walk In Closet
Sauna
Steam Room
Fitness Room
Game Room
Mud Room
Furnished Description: Furnished
Flooring: Carpet-Partial, Tile

Fireplace Features: Living Room
Heating Features: Electric Baseboard, Fireplace
Heating Fuel: Electric, Wood

Living Room Description: No

Shed/Storage
Landscaping
Patio
Deck
Gas Grill
Hot Tub
Lawn Sprinklers
Balcony
Road Frontage Type: Highway

Pool Features: Indoor, Community, In-Ground

Carport Spaces: 2

Lot Description: Foothills, Adj to Open Space, Skier Access

View: Mountains, Valley, Lake/Pond/Reservoir

Association: Yes
Association Name: Cascade Village Home Owners Association
Dogs Allowed: Yes

Elementary School: Animas Valley K-5
High School: Durango 9-12
Middle School: Miller 6-8

Silverton High School is a public high school located approximately 13.5 miles away.
directions icon Map directions

Silverton Elementary School is a public elementary school located approximately 13.5 miles away.
directions icon Map directions

Silverton Middle School is a public middle school located approximately 13.5 miles away.
directions icon Map directions

Annual Tax Amount: 1560.88
Source Listing Status: Active
County: San Juan
Current Use: Residential, Mountain Recreation, Skier Access
Directions: As you begin from downtown Durango, head North on HWY 550 for approximately 30 miles. As you are passing Purgatory Mountain Ski Resort, you are less than 2 miles from Cascade Village. Less than 2 miles to the North of Purgatory, you will take a left to the west side of the highway into Cascade Village. Once inside the development, turn left at the second building which is 'Needles.' Enter into the lower covered garage and navigate to condo #13 which is the second entrance on the right.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Elevation: 8875
Area: Durango Mountain Area
Property Subtype: condo
Source Neighborhood: Cascade Village
Subdivision: Cascade Village
Property Subtype: Condo
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$26,548 + $unknown
$26,548
$1,149
2020$27,235 + $unknown
$27,235
$883
2019$18,433 + $unknown
$18,433
$885
2018$21,180 + $unknown
$21,180
$901
2017$21,180 + $unknown
$21,180
$896
2016$15,711 + $unknown
$15,711
$628
2015$15,711 + $unknown
$15,711
$617
2014$15,212 + $unknown
$15,212
$589
2013$unknown + $unknown
$15,212
$595
2012$unknown + $unknown
$20,431
$843
2011$unknown + $unknown
$20,431
$841

Price Changed 2024-04-04
$734,890
CREN
Listed 2024-02-27
$739,890
CREN
Listing removed 2024-02-19
$0
CREN
Price Changed 2023-12-02
$755,000
CREN
Listed 2023-08-18
$765,000
CREN
Sold 2016-09-26
$245,000
Public Record
Sold 1982-04-12
$189,500
Public Record

Total Square Feet Living: 1680
Year Built: 1982
Building Exterior Type: Wood
Property Age: 42
Roof: Membrane
Levels or Stories: 3
Year Remodeled: 2016

Sewer: Central
Electric
Natural Gas
Cable TV
Internet
Phone - Cell Reception
Phone - Landline
Water Source: Central Water
Water Well: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.