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Sold cren member
  • $1,650,000

    505 Rainbow Road, Durango, CO 81303

    5beds
    4,438sqft
    Stick Built
    Built in 1992
    14.94 Acres Lot
    $1,658,400 Zestimate®
    $372/sqft
    $4,219 Estimated rent

    Home value

    $1,658,400

    $1.48M - $1.86M

    $4,219/mo

    Zestimate® history
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    $9,217/mo

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    What's special

    Animas Riverfront Estate – 14.94 Acres, Minutes from Downtown Durango. Experience the ultimate blend of privacy, functionality, and natural beauty with this stunning 4,437 sq ft custom home set on nearly 15 irrigated acres with approximately 1,500 feet of Animas River frontage. Located just 8 miles from downtown Durango in the scenic South Animas River Valley, this property is a rare gem for those seeking space, Animas river access, and versatility—whether for recreation, horses, or peaceful country living. Ample water rights feed the trout pond, and produced gravity irrigation to irrigate the pasture. Step inside to a grand entry that opens to a vaulted great room with expansive windows overlooking lush pastureland and the river beyond. The well-designed layout offers three guest bedrooms on the main level, while the primary suite occupies the upper level for added privacy. A spacious recreation room on the main floor offers the potential to convert into a main-level primary suite if desired. Above the 3-car garage is a charming 750 sq ft guest house with a private entrance, 1 bedroom, 1 bath, a cozy living area, and a kitchenette—ideal for guests, extended family, or rental income. Enjoy outdoor entertaining on the large back patio with serene views of the Animas River and irrigated pasture. The property features spring-fed pond, automated irrigation & sprinkler systems, ample water rights, gated entry with paved driveway, fenced pasture, corral, and room for a barn or riding arena. This is a turnkey equestrian-friendly property that offers incredible potential with plenty of flat, usable land. Don’t miss the opportunity to own a rare riverfront property with proximity to town and year-round access. Be sure to explore the 3D tour and floorplan in the virtual tour link!

    Zillow last checked: 8 hours ago

    Listing updated: October 31, 2025 at 09:52am

    Listed by:

    John Wells 970-749-1440,

    The Wells Group of Durango, LLC,

    Abbi Munn 970-759-2217,

    The Wells Group of Durango, LLC

    Bought with:

    Andy Langefels

    Legacy Properties West Sotheby's Int. Realty

    Source: CREN,MLS#: 825045MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Upper
    Dining room
    • Features: Kitchen Bar, Kitchen/Dining, Separate Dining
    Appliances
    • Included: Range, Refrigerator, Dishwasher, Washer, Dryer, Microwave
    Features
    • Wet Bar, Vaulted Ceiling(s), Guest Quarters, Walk-In Closet(s)
    • Flooring: Carpet-Partial, Slate, Tile
    • Windows: Window Coverings
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 4,438
    • Total interior livable area: 4,438 sqft
    • Finished area above ground: 4,437

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Covered Porch
    • Exterior features: Landscaping, Irrigation Water, Lawn Sprinklers, Irrigation Pump
    • Has view: Yes
    • View description: Mountain(s)
    • Has water view: Yes
    • Water view: Stream/River
    • Waterfront features: Pond, River Front
    Lot
    • Size: 14.94 Acres
    • Features: Borders Public Land, Pasture
    Details
    • Additional structures: Guest House
    • Parcel number: 590530200570
    • Zoning description: Residential Single Family
    • Horses can be raised: Yes
    • Horse amenities: Corral(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick Built
    Materials
    • Wood Frame, Wood Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Propane-Tank Leased

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Durango
    • Subdivision: Not Applicable

    HOA & financial

    HOA
    • Has HOA: Yes
    • Association name: Animas View Estates

    Other

    Other facts
    • Has irrigation water rights: Yes

    Price history

    DateEventPrice
    10/30/2025Sold$1,650,000-6.8%$372/sqft
    Source: CREN #825045
    9/19/2025Contingent$1,769,500$399/sqft
    Source: CREN #825045
    7/25/2025Listed for sale$1,769,500$399/sqft
    Source: CREN #825045
    7/11/2025Contingent$1,769,500$399/sqft
    Source: CREN #825045
    6/23/2025Listed for sale$1,769,500$399/sqft
    Source: CREN #825045

    Public tax history

    YearProperty taxesTax assessment
    2025$5,702 +16.1%$141,870 +22.5%
    2024$4,914 +3.4%$115,790 -3.6%
    2023$4,752 -0.7%$120,100 +11.9%

    Find assessor info on the county website

    Neighborhood: 81303

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sunnyside K-5
    • Middle: Escalante 6-8
    • High: Durango 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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