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  • $575,000

    1518 Oak Street #1, Ouray, CO 81427

    2beds
    1,052sqft
    : 
    $3,458/mo
    Get pre-qualified
    Condominium
    Built in 2006
    -- sqft lot
    $540,800 Zestimate®
    $547/sqft
    $-- HOA

    What's special

    Stackable washer and dryerDedicated smart tv
    2 Bedrooms | 2 Full Bathrooms | Single-Level Living PROPERTY OVERVIEW Perfectly positioned directly across from the celebrated Ouray River Walk Trail—a tranquil two-mile scenic loop with stunning views of the San Juans. Historic downtown Ouray, the Ouray Hot Springs, and Fellin Park are all approximately half a mile away. Lovely home with low HOA dues - only $150.00 per year. This unit controls the ground surrounding the building so you can garden to your hearts content. INTERIOR FEATURES This thoughtfully designed home offers an open-concept, single-level floor plan that flows seamlessly from the gourmet kitchen through the dining area into the welcoming living room, creating an ideal gathering space for family and friends. 9' ceilings give the home a spacious feel and the warm oak laminate enhances the mountain feel. There is a workbench with cabinets in the garage for those special projects. Kitchen & Living: Fully equipped kitchen ready for entertaining. Primary Bedroom Suite: Queen bed with built-in storage drawers and a full ensuite private bathroom. Second Bedroom: Queen bed plus elevated loft full bed sleeping up to four, dedicated Smart TV, and a second full bathroom conveniently located just outside the door. Additional Amenities: Stackable washer and dryer, dog-friendly, naturally cool at elevation and easily managed with fans and evening ventilation. LOCATION & DISTANCE GUIDE Stunning panoramic views and a peaceful, tucked-away setting while remaining close to everything Ouray has to offer. Ouray River Walk Trail -- across the street / Historic Main Street Ouray (shops & restaurants) -- 1.3 miles / Ouray Hot Springs Pool -- 0.7 miles / Box Canyon Falls Park -- 2.3 miles / Cascade Falls Park -- 2.5 miles / Perimeter Trail Access (Main Street Trailhead) -- 2.0 miles / Bear Creek National Recreation Trailhead -- 3.6 miles / Yankee Boy Basin Trailhead -- approx. 10.5 miles (via Camp Bird Rd, 4WD recommended) / Red Mountain Pass -- 13 miles / Telluride Ski Resort -- scenic 60-minute drive. ABOUT OURAY, COLORADO Ouray, Colorado, nestled at 7,800 feet in the heart of the San Juan Mountains, is a year-round outdoor paradise known as the "Switzerland of America." Spring, summer, and fall bring world-class hiking, ATV riding, mountain biking, rock climbing, horseback riding, and fishing, along with the beloved summer music series in Fellin Park. Winter transforms Ouray into an ice climbing and back-country activity mecca.Year-round, residents and visitors alike enjoy a vibrant downtown filled with acclaimed restaurants, craft breweries, distilleries, live entertainment venues, and the ever-popular Ouray Hot Springs, making this one of Colorado's most desirable mountain communities. Property is currently a successful short term vacation rental.
    127 days
    |
    267
    |
    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Marc Hitchcox 970-729-3055,

    NextHome Virtual

    Source: CREN,MLS#: 832825MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet-Partial, Laminate, Tile
      Interior area
      • Total structure area: 1,052
      • Total interior livable area: 1,052 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached Garage, Garage Door Opener
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s)
      Details
      • Additional structures: Shed(s), Shed/Storage
      • Parcel number: 451725110001

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Slab
      • Roof: Architectural Shingles
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception, Phone Connected

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: Yes
      • HOA name: Bear Creek
      Location
      • Region: Ouray

      Financial & listing details

      • Price per square foot: $547/sqft
      • Tax assessed value: $470,040
      • Annual tax amount: $1,954
      • Date on market: 3/24/2026
      • Electric utility on property: Yes

        Estimated market value

        $540,800

        $514,000 - $568,000

        $2,112/mo

        Price history

        DateEventPrice
        3/24/2026Listed for sale$575,000+175.8%$547/sqft
        Source: CREN #832825 Report a problem
        11/21/2006Sold$208,500$198/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,920 +6.9%$29,380 -5%
        2024$1,796 +30.5%$30,930 -13.8%
        2023$1,376 -2.1%$35,900 +63%
        2022$1,405 +24.9%$22,030 -2.8%
        2021$1,125 $22,660 +25.3%
        2020$1,125 +26.5%$18,090 -0.7%
        2019$890 +0.9%$18,210 +28.8%
        2018$882 $14,140
        2017-- $14,140 +9.3%
        2016-- $12,940
        2015-- $12,940 -12.9%
        2012-- $14,860
        Find assessor info on the county website

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81427

        Getting around

        13 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ouray K-6
        • Middle: Ouray 7-8
        • High: Ouray 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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