A True Colorado Mountain Retreat in Lake Purgatory with NO HOA! Set among towering pines and aspens in the desirable Lake Purgatory subdivision, this inviting mountain home offers the perfect combination of privacy, comfort, and proximity to Purgatory Resort. Ideally located near the entrance to Lake Purgatory and Columbine Lake, the property features sweeping views of the Hermosa Cliffs and the new Colorado Couloir lift coming soon to Purgatory Resort. Inside, the home captures the warmth and character of mountain living. The spacious 3-bedroom, 3-bathroom floor plan is complemented by a bonus bunk room on the garage level and sleeping loft on the third level, creating plenty of room for friends and guests. A beautifully crafted vaulted wood ceiling makes a dramatic statement in the main living area, while the stacked-stone fireplace, expansive chef’s kitchen, and abundant natural light create a warm and inviting gathering space. Windows are perfectly placed in the main living area and feature automatic blinds to start enjoying the views right away. Thoughtful finishes and quality craftsmanship throughout give the home a distinctive mountain character that feels both comfortable and refined. The outdoor living space is equally impressive. An expansive covered deck extends the living area into the surrounding forest, with a six-person hot tub and fire pit table creating the perfect setting for après-ski relaxation, summer evenings, and stargazing beneath the mountain sky. The top of the hill location creates a great sense of privacy. The home is being offered fully furnished and completely turnkey, allowing you to arrive and immediately begin enjoying your mountain retreat. The property also offers exceptional rental potential for those looking to combine personal use with investment opportunity. A garage with multiple storage lockers provides ample room for skis, bikes, and other mountain gear, while keeping vehicles protected during the winter months. Recent improvements include a French drain and a new concrete patio at the back of the home, addition of a new six-person hot tub, a brand-new hot water heater in January 2026, a new water softener and washer/dryer, exterior and deck repainting in 2024, and a radon mitigation system. With Purgatory Resort, Nugget Mountain Bar, and Columbine Lake all just minutes away, you'll have year-round access to skiing, snowboarding, mountain biking, hiking, fishing, and endless opportunities to enjoy the outdoors. Whether you're looking for a private mountain escape, a gathering place for friends and guests, or a turnkey investment opportunity, this Lake Purgatory gem offers the ideal Colorado mountain lifestyle in an exceptional setting.
Active
Price cut: $130K (10/27)
$1,699,000
173 Lake Purgatory Drive, Durango, CO 81301
3beds
2,586sqft
Stick Built
Built in 2003
1 Acres Lot
$1,635,800 Zestimate®
$657/sqft
$-- HOA
What's special
Stacked-stone fireplaceTowering pines and aspensSix-person hot tubFire pit tableAbundant natural lightAutomatic blinds
- 39 days
- 338
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rachel Brinley C:970-203-4158,
Durango Mountain Realty LLC,
Phil Wehmeyer 970-385-2198,
Durango Mountain Realty LLC
Source: CREN,MLS#: 839562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen Island, Kitchen/Dining
Heating
- Electric Baseboard, Radiant Floor
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: W/D Hookup
Features
- Wired/Cable TV, All Furnishings, Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Walk-In Closet(s)
- Flooring: Carpet-Partial, Hardwood, Tile
- Windows: Window Coverings
- Has fireplace: Yes
- Fireplace features: Living Room
- Furnished: Yes
Interior area
- Total structure area: 2,586
- Total interior livable area: 2,586 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Split-Level
- Patio & porch: Covered Porch, Deck, Patio
- Has spa: Yes
- Spa features: Hot Tub, Private
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Lake/Pond/Reservoir
Lot
- Size: 1 Acres
- Features: Cul-De-Sac, Wooded
Details
- Parcel number: 508925301067
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Internet, Propane-Tank Owned
Community & HOA
Community
- Subdivision: Lake Purg2
HOA
- Has HOA: No
Location
- Region: Durango
Financial & listing details
- Price per square foot: $657/sqft
- Tax assessed value: $1,356,150
- Annual tax amount: $4,707
- Date on market: 10/6/2026
- Electric utility on property: Yes
Estimated market value
$1,635,800
$1.55M - $1.72M
$4,071/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2026 | Price change | $1,699,000-7.1%$657/sqft |
Source: | ||
| 10/6/2026 | Listed for sale | $1,829,000+28.6%$707/sqft |
Source: | ||
| 11/7/2022 | Sold | $1,421,775-8.3%$550/sqft |
Source: Public Record Report a problem | ||
| 9/16/2022 | Contingent | $1,550,000$599/sqft |
Source: | ||
| 7/12/2022 | Listed for sale | $1,550,000$599/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,965 +20% | $84,760 +32.1% |
| 2024 | $2,470 +9% | $64,140 -1.1% |
| 2023 | $2,267 -0.5% | $64,850 +21.5% |
| 2022 | $2,278 | $53,390 -2.8% |
| 2021 | -- | $54,920 +2.3% |
| 2020 | $2,161 +5.9% | $53,700 |
| 2019 | $2,040 | $53,700 +1.4% |
| 2018 | $2,040 | $52,950 |
| 2017 | $2,040 +2.1% | $52,950 -7.5% |
| 2016 | $1,997 +6.5% | $57,270 |
| 2015 | $1,875 | $57,270 +12.1% |
| 2014 | -- | $51,110 |
| 2013 | -- | $51,110 -0.9% |
| 2012 | -- | $51,580 |
| 2011 | -- | $51,580 -5.7% |
| 2010 | -- | $54,680 |
| 2009 | -- | $54,680 +4.4% |
| 2008 | -- | $52,360 |
| 2007 | -- | $52,360 +23% |
| 2005 | -- | $42,570 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 81301
Nearby schools
Schools provided by the listing agent
- Elementary: Animas Valley K-5
- Middle: Miller 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.







