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  • Price cut: $100K (9/21)
    $1,599,000

    185 N Lena Street #Condo "E", Ridgway, CO 81432

    3beds
    2,026sqft
    : 
    $9,513/mo
    Get pre-qualified
    Condominium
    Built in 2024
    -- sqft lot
    $1,530,300 Zestimate®
    $789/sqft
    $-- HOA

    What's special

    Private rooftop balconyOverlooks ridgway town parkAbundant natural lightFull-height glass wallsHigh ceilingsOpen light-filled layoutIntuitive floorplan
    Unfinished 3-Bed | 2-Bath Luxury Penthouse with Rooftop Balcony & Panoramic Mountain Views Step into one of Ridgway’s most remarkable residential offerings — Condo E, the Penthouse at the Old Firehouse. This top-floor, 3-bedroom, 2-bath luxury shell combines historic character, modern architecture, and a rare opportunity to complete the interior to your exact taste. High ceilings, abundant natural light, and an intuitive floorplan set the stage for a truly elevated mountain-town residence. Indoor/outdoor living with show-stopping mountain views. Along the east side, full-height glass walls open directly onto a private rooftop balcony overlooking Ridgway’s beloved Town Park. This exceptional outdoor living space features a two-sided indoor/outdoor fireplace, creating a seamless transition between the great room and the terrace. From sunrise glow to alpenglow sunsets, you’ll enjoy unobstructed panoramic views of the Cimarron and San Juan Mountains — a breathtaking backdrop for quiet mornings, dinner parties, or relaxing under the Colorado sky. A luxury canvas ready for your final vision. Construction is already well underway, and major systems are in place. What remains — trim, flooring, kitchen installation, fixtures, and final finishes — allows you to customize every detail. Whether your style leans toward modern mountain, rustic elegance, or minimalist luxury, this Penthouse gives you the freedom to design without compromise. Prime in-town living in an iconic Ridgway landmark. Set within the carefully restored Old Firehouse, this residence is just steps from restaurants, shops, parks, and the creative district. With Ridgway’s thriving lifestyle scene and easy access to Ouray, Telluride, and the San Juan region, this address offers both convenience and adventure. Key Features: • Unfinished luxury Penthouse with premium customization potential • 3 bedrooms | 2 bathrooms | open, light-filled layout • Glass walls opening to private rooftop balcony • Two-sided indoor/outdoor fireplace • Panoramic Cimarron + San Juan Mountain views • Overlooks Ridgway Town Park • Historic building with modern infrastructure • A rare opportunity in a limited-inventory market For buyers seeking a standout residence with unmatched views and the freedom to finish it their way, the Penthouse at the Old Firehouse is truly one of a kind.
    260 days
    91
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Aller 970-901-7018,

    Keller Williams Realty Southwest Associates, LLC - Montrose

    Source: CREN,MLS#: 830830MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Ductless
      Features
      • Flooring: Other
      • Has fireplace: Yes
      • Fireplace features: Gas Log
      Interior area
      • Total structure area: 2,026
      • Total interior livable area: 2,026 sqft
      • Finished area above ground: 2,026

      Property

      Parking
      • Total spaces: 2
      • Parking features: Basement
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Features: Other
      Details
      • Parcel number: 430516247001
      • Zoning description: Mixed-Use

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary
      • Property subtype: Condominium
      Materials
      • Metal Frame, Metal Siding, Other, Stone
      • Roof: Metal
      Condition
      • New construction: Yes
      • Year built: 2024

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: Yes
      • HOA name: Old Firehouse
      Location
      • Region: Ridgway
      • Elevation: 6950

      Financial & listing details

      • Price per square foot: $789/sqft
      • Tax assessed value: $7,802,520
      • Annual tax amount: $5,616
      • Date on market: 1/8/2026

        Estimated market value

        $1,530,300

        $1.45M - $1.61M

        $3,946/mo

        Price history

        DateEventPrice
        9/21/2026Price change$1,599,000-5.9%$789/sqft
        Source: CREN #830830 Report a problem
        8/25/2026Price change$1,699,000-5.6%$839/sqft
        Source: CREN #830830 Report a problem
        3/27/2026Price change$1,799,000-7.7%$888/sqft
        Source: CREN #830830 Report a problem
        1/8/2026Listed for sale$1,950,000+714.6%$962/sqft
        Source: CREN #830830 Report a problem
        11/17/2025Sold$239,369-84%$118/sqft
        Source: Public Record Report a problem
        8/26/2025Price change$1,500,000-16.7%$740/sqft
        Source: TRIDEMLS #43099 Report a problem
        12/8/2024Listed for sale$1,800,000+111.8%$888/sqft
        Source: TRIDEMLS #43099 Report a problem
        3/8/2017Sold$850,000$420/sqft
        Source: TRIDEMLS #34318 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$230,455 +20.2%$1,049,130 +39.5%
        2024$191,746 +4025%$752,110 +359.9%
        2023$4,648 +60.2%$163,530 +260.4%
        2022$2,902 +12%$45,370 -1.8%
        2021$2,591 $46,220 +4.6%
        2020$2,591 +5.6%$44,170 -0.4%
        2019$2,453 +1.8%$44,360 +8.8%
        2018$2,408 $40,790 +0.3%
        2017-- $40,660 +14%
        2016-- $35,660
        2015-- $35,660 -8.7%
        2012-- $39,060
        2011-- $39,060 +9.5%
        2009-- $35,670
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81432

        Getting around

        61 / 100
        Somewhat Walkable
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ridgway K-5
        • Middle: Ridgway 6-8
        • High: Ridgway 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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