About This Home

This 3-bedroom, 2-bathroom single family at 400 Palomino Trail in Ridgway, CO is listed for $965,000 ($494 per sqft). the home offers 1,952 sqft of living space on a 0.23 acres lot.

Key Features

  • 0.23 acre lot

Property Details

1 full
Listing Description

Todd R Schroedel, United Country Sneffels Realty, C:,,: Unique Multi-Use Property in Ridgway - Prime Commercial & Residential Opportunity in recently constructed building!Seize this rare opportunity to own one of Ridgway's most versatile and intelligently designed properties!

This exceptional Residential/Commercial/Multi-Use building is a testament to thoughtful planning, blending contemporary residential features with Western Victorian charm. Whether you're an entrepreneur, investor, or someone seeking a live/work space in the Ridgway, Ouray and Telluride area, this property offers unparalleled flexibility.Maximize Inc

ome Potential with Smart ZoningStrategically built within Ridgway's General Commercial zoning, this property is currently configured as two distinct residential and commercial units:Lower Level: A commercial space that allows for short-term rentals (up to 29 days) or a variety of business uses, including retail, office space, professional services,

breweries, art or antique galleries, or even light manufacturing.Upper Level: A beautifully finished residential unit, ideal for long-term living or short-term vacation rentals (VRBO/Airbnb) under a Ridgway short-term rental license.With this dual-purpose setup, you can generate rental income from both floors or utilize one as a residence while run

ning a business from the other-a rare find in Ridgway!Designed for Efficiency & Timeless AppealThis custom-built flexible property blends perfectly into the vibrant Ridgway community while offering: High-quality materials & craftsmanship, covered parking & dual entrances for convenience, expansive porches & decks designed for privacy and stunning v

iews, landscaped grounds with mature trees & perennials, state-of-the-art heat pump system for efficient heating, cooling, and air filtration.With an impressive building footprint and room to expand, this property presents a prime opportunity for growth.

Add another rental unit, increase commercial capacity, or reconfigure the space to match your unique vision-all while maintaining ample off-street parking and accessibility.Located at the very eastern edge of Ridgway, just a quick walk to the center of Town, and just minutes from Ouray's hot springs and Telluride's world-class skiing, this property

places you in one of Colorado's most sought-after areas for both tourism and year-round living.Whether you dream of running a business, investing in Ridgway's thriving market, or creating the ultimate live/work space, this multi-use property offers unmatched potential. Schedule a showing today and start building your future in Ridgway, Telluride, and Ouray!

Monthly Cost Estimate

$5,161/mo

20% down · 6.5% · 30 years

Principal$698
Interest$4,182
Insurance$281

Estimates only. Actual payments may vary.

Location

400 Palomino Trail

Ridgway, CO 81432

Questions & Answers

This 3-bedroom, 2-bathroom single family at 400 Palomino Trail is listed at $965,000 ($494/sqft). The estimated monthly payment is $5,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.23 acre lot.

This property is listed by Todd Schroedel.

TS

Todd Schroedel

Agent at United Country Sneffels Realty

Listed by United Country Sneffels Realty · Broker phone: (970) 318-2160 · View on Broker Site · Broker website

MLS# 832733· Source: Colorado Real Estate Network Inc.· 3 days on PropertySimple

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

400 Palomino Trail, Ridgway, CO 81432

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