PRICE IS NEGOTIABLE Are you looking for a house that is instantly ready to go for you? This one of a kind home offers a turn-key solution to your dream of owning a home with future earning potential while allowing you to live in the San Juans. This house was a diamond in the rough in its past life, but the current owners have painstakingly converted it into a very profitable, beautiful home. Located in the quiet neighborhood of Idlewild, the home sits exactly between the towns of Ouray and Ridgway and is only 45 minutes to world class skiing in the town of Telluride. Your new home sits on 2.2 acres of stunning prime Colorado land with red cliffs soaring above you to the East and to the West, views of Mt. Abrams to the South and gorgeous Alpenglow skies to the North with the sunsets. The roof, windows, floors, plumbing, septic, electrical, appliances, heating and anything else you can think of, have all been upgraded, rebuilt, replaced and loved. For those that need a little entertainment in the summer, watch the soap operas unfold with the coming and goings of the campground just below the house. The main unit consists of the two upper levels, beautifully remodeled with a rustic and cozy charm. The main level boasts two large bedrooms, a full bath and a large open concept living/kitchen area with a vaulted ceiling featuring an 80in TV nestled above the floor-to-ceiling stone fireplace with a wood burning stove as well as a large wrap around deck to enjoy outdoor dining and stunning views. Take a walk up the hand crafted stairs to the third floor and the huge master suite with a private loft and natural stone shower. This unit has always been used as a Short Term Rental (STR). There are currently 260 or more 5-Star reviews for this AirBnb and the calendar is constantly booked well into the next year. All furniture and supplies needed to operate as an STR are available. There are currently no Short Term Rental permits available at the County. Downstairs you will find a separate 1 bedroom, 950 sqft home that has also been remodeled, boasting a large master bedroom, large custom shower and a wood burning stove that will leave you relaxed on a cool winter evening. This unit is currently leased long term, but would make for a great owner's quarters as well. Live in one unit and let the other subsidize your mortgage for you. Don't overlook this one - homes that pay for themselves in this area are hard to come by! Seller offering a credit for deck work.
Active
Price cut: $160K (6/28)
$1,040,000
486 Marys Road, Ridgway, CO 81432
4beds
2,512sqft
Est.:
Stick Built
Built in 1978
2.2 Acres Lot
$-- Zestimate®
$414/sqft
$-- HOA
What's special
Floor-to-ceiling stone fireplaceStunning prime colorado landPrivate loftLarge custom showerLarge wrap around deckHuge master suiteVaulted ceiling
- 321 days
- on Zillow |
- 640 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 07:54pm
Listed by:
Marc Hitchcox 970-729-3055,
NextHome Virtual
Source: CREN,MLS#: 818366

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Primary bedroom
- Level: Upper
Dining room
- Features: Breakfast Nook
Cooling
- Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- All Furnishings, Cathedral Ceiling(s), Ceiling Fan(s)
- Flooring: Laminate, Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Stove
- Furnished: Yes
Interior area
- Total structure area: 2,512
- Total interior livable area: 2,512 sqft
Video & virtual tour
Property
Features
- Patio & porch: Deck
- Exterior features: Gas Grill, Landscaping
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.2 Acres
Details
- Additional structures: Storage, Shed/Storage
- Parcel number: 451711205029
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Stick Built
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Idlewild Estate
HOA
- Has HOA: No
Location
- Region: Ridgway
Financial & listing details
- Price per square foot: $414/sqft
- Tax assessed value: $618,080
- Annual tax amount: $2,241
- Date on market: 9/29/2024
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