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  • Price cut: $130K (10/27)
    $1,699,000

    173 Lake Purgatory Drive, Durango, CO 81301

    3beds
    2,586sqft
    : 
    $10,143/mo
    Get pre-qualified
    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
    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.
    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#: 839562MLS Logo

      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

        DateEventPrice
        10/27/2026Price change$1,699,000-7.1%$657/sqft
        Source: CREN #839562 Report a problem
        10/6/2026Listed for sale$1,829,000+28.6%$707/sqft
        Source: CREN #839562 Report a problem
        11/7/2022Sold$1,421,775-8.3%$550/sqft
        Source: Public Record Report a problem
        9/16/2022Contingent$1,550,000$599/sqft
        Source: CREN #796029 Report a problem
        7/12/2022Listed for sale$1,550,000$599/sqft
        Source: CREN #796029 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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: 81301

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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