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  • $7,995,000

    1511 Main Street, Ouray, CO 81427

    --beds
    10,535sqft
    : 
    $50,831/mo
    Get pre-qualified
    Fiveplex
    Built in 2026
    -- sqft lot
    $7,273,500 Zestimate®
    $759/sqft
    $-- HOA

    What's special

    In-floor radiant heat
    The first 5 units are soon to be completed. Unit 1 is completed, and the other 4 units are near completion. This purchase price includes another 16.65-acre parcel {451530300017} intended for future development. All of the utilities are in and ready for further development. This property has a city-approved site plan for 13 additional units. Plans and engineering are included The units are 3-bedroom, 2 1/2-bath with in-floor radiant heat and mini-splits for heating and cooling. The 2-car garage is oversized. Owner may provide financing. Future development has numerous options with C-2 Zoning.
    55 days
    224
    3

    Zillow last checked:

    Listing updated:

    Listed by:

    Carl Cockle 970-729-2268,

    Keller Williams Realty Southwest Associates, LLC - Montrose

    Source: CREN,MLS#: 837601MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range Top, Range, Refrigerator, Washer
      Features
      • Flooring: Carpet, Tile, Wood
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 10,535
      • Total interior livable area: 10,535 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 per unit, Basement Garage
      • Garage spaces: 2
      Features
      • Levels: Three Story
      • Stories: 3
      • Frontage type: Highway 550
      • Frontage length: 150'+ Frontage
      Lot
      • Size: 1.94 Acres
      • Features: Adj to Greenbelt/OpenLand
      Details
      • Parcel number: 451530300023
      • Zoning description: Residential Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Fiveplex
      Materials
      • Other, Stone
      • Roof: Architectural Shingles,Metal
      Condition
      • New construction: Yes
      • Year built: 2026

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Ouray

      Financial & listing details

      • Price per square foot: $759/sqft
      • Annual tax amount: $21,173
      • Date on market: 7/29/2026
      • Road surface type: Paved

        Estimated market value

        $7,273,500

        $6.91M - $7.64M

        Not available

        Price history

        DateEventPrice
        7/29/2026Listed for sale$7,995,000+8.8%$759/sqft
        Source: CREN #837601 Report a problem
        7/1/2025Listing removed$7,350,000$698/sqft
        Source: CREN #823590 Report a problem
        5/2/2025Listed for sale$7,350,000$698/sqft
        Source: CREN #823590 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81427

        Getting around

        24 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Open Enrollment
        • Middle: Open Enrollment
        • High: Open Enrollment

        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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