About This Home

This 1-bedroom, 1-bathroom condo at 50827 N Highway 550 in Durango, CO is listed for $290,000 ($403 per sqft). the home offers 720 sqft of living space on a N/A lot.

Property Details

1 full
#324
Listing Description

Tel Hamilton, Blackmore Group, C:,,: Nestled in the serene embrace of Cascade Village, this delightful 1-bedroom, 1-bathroom condo offers a gateway to a lifestyle of comfort and adventure, set against the stunning backdrop of Purgatory Ski Resort and the natural splendor of Durango, CO.

The thoughtful layout maximizes space with an inviting living room, functional kitchen, and cozy bedroom. Whether unwinding on the patio, exploring nearby trails and mountain biking routes, or indulging in the charm of Durango's dining and cultural scene, this condo provides a haven for relaxation and outdoor pursuits.What sets this property apart is its versatility as a short-term rental (STR) investment opportunity.

With its prime location near Purgatory Ski Resort and its appeal to both winter and summer visitors, this condo becomes an ideal income-generating asset. As a STR, it offers the potential to capitalize on the constant influx of tourists seeking the ultimate Colorado mountain experience.

Imagine owning a property that not only provides you with a personal retreat but also serves as a lucrative venture, allowing you to share the beauty of the area with others while enjoying the benefits of a well-managed rental. With direct access to sprawling public lands and the community amenities offered by Cascade Village, this condo is a complete package, offering both relaxation and adventure, along with the potential for a rewarding investment.

Monthly Cost Estimate

$1,551/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85

Estimates only. Actual payments may vary.

Location

50827 N Highway 550

Durango, CO 81301

Questions & Answers

This 1-bedroom, 1-bathroom condo at 50827 N Highway 550 is listed at $290,000 ($403/sqft). The estimated monthly payment is $1,551 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Tel Hamilton and can be reached at 9707491973.

TH

Tel Hamilton

Agent at Blackmore Group

(970) 749-1973

Listed by Blackmore Group · View on Broker Site

MLS# 831091· Source: listhub· Listed today

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50827 N Highway 550, Durango, CO 81301

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