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  • $900,000

    254 Waterview Cove, Ridgway, CO 81432

    1beds
    899sqft
    : 
    $5,288/mo
    Get pre-qualified
    Modular
    Built in 2021
    3.74 Acres Lot
    $837,600 Zestimate®
    $1,001/sqft
    $-- HOA

    What's special

    Extensive storageBuilt for lasting qualityExpansive trex deckNatural gas forced-air heatInviting dining areaBeautifully finishedAbundant cabinetry
    Few opportunities in Ouray County combine breathtaking scenery, thoughtful planning, and immediate enjoyment quite like this remarkable 3.75-acre homesite at 254 Waterview Cove in Ridgway, Colorado. Perfectly positioned in the sought-after Waterview Cove neighborhood on Log Hill, this extraordinary property captures panoramic views that stretch across Ridgway Reservoir to the dramatic Cimarron Mountains, while Mount Sneffels and the surrounding San Juan Mountains create an unforgettable western backdrop. Whether you're dreaming of building a luxurious mountain retreat, a full-time residence, or a legacy property to enjoy for generations, this homesite offers one of the finest foundations available anywhere in the Ridgway, Ouray, and Telluride region. What truly distinguishes this property is the tremendous amount of time, expertise, and investment the current owners have already contributed. Creating a premier mountain homesite is often a lengthy process involving engineering, road construction, architectural planning, foundation design, septic engineering, county approvals, and Architectural Review Committee approvals before construction of a primary residence can even begin. Here, those challenging first steps have already been successfully completed by experienced professionals. The result is a property that's uniquely positioned for its next owner to focus on designing an extraordinary custom home instead of navigating years of infrastructure and permitting. One of the property's most valuable features is the beautifully completed one-bedroom guest residence, thoughtfully situated below the future primary building site so it enjoys spectacular views while preserving the panoramic view corridor for your future custom home. In many mountain communities, building an accessory dwelling before the main residence simply isn't possible. Thanks to careful planning and successful approvals, this property offers the rare ability to immediately begin enjoying your mountain lifestyle while designing and constructing your dream home. The guest residence is exceptionally comfortable, beautifully finished, and built for lasting quality. Constructed on a full foundation, the home features an open floor plan that maximizes the surrounding scenery. The spacious kitchen offers abundant cabinetry, quality stainless steel appliances, generous workspace, and an inviting dining area that flows naturally into the comfortable living room. Large windows frame the ever-changing beauty of Ridgway Reservoir, while natural light fills the interior throughout the day. Step outside onto the expansive Trex deck where rich metal railings frame some of the most inspiring views in Southwest Colorado. From sunrise reflecting across the waters of Ridgway Reservoir to glowing evening sunsets illuminating Mount Sneffels and the Cimarron Range, every season provides its own spectacular display. Stone outcroppings below the deck create an ideal place to relax, entertain, or simply absorb the quiet beauty that defines life in Ouray County. Inside, attractive sliding barn doors open into a generously sized primary bedroom offering abundant closet space and peaceful privacy. Across the hallway, the beautifully appointed bathroom includes a glass-enclosed shower, dual vanities, extensive storage, and finishes selected for both comfort and durability. The residence is offered mostly furnished, allowing new owners to begin enjoying the property almost immediately. Modern mountain living is fully supported with natural gas forced-air heat, public water, underground utilities, grid power, high-speed internet, and all of the conveniences today's buyers expect. Whether used as your residence while building, comfortable guest quarters for family and friends, or as a long-term rental after your custom home is completed, the guest residen
    27 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Schroedel 970-318-2160,

    United Country Sneffels Realty,

    Anna Schroedel 970-318-2161,

    United Country Sneffels Realty

    Source: CREN,MLS#: 837084MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • 3/4 bathrooms: 1
      Primary bedroom
      • Area: 168
      • Dimensions: 12 x 14
      Dining room
      • Features: Eat-in Kitchen
      Kitchen
      • Area: 168
      • Dimensions: 12 x 14
      Living room
      • Area: 168
      • Dimensions: 12 x 14
      Heating
      • Forced Air
      Appliances
      • Included: Range, Refrigerator, Dishwasher, Dryer, Disposal, Microwave, Exhaust Fan
      • Laundry: W/D Hookup
      Features
      • Part Furnished
      • Windows: Window Coverings, Double Pane Windows, Low Emissivity Windows
      • Basement: Crawl Space
      Interior area
      • Total structure area: 899
      • Total interior livable area: 899 sqft
      • Finished area above ground: 899
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Mountain(s), Valley
      • Has water view: Yes
      • Water view: Lake/Pond/Reservoir
      Lot
      • Size: 3.74 Acres
      • Features: Foothills, Adj to Greenbelt, Wooded, Cul-De-Sac, Near Golf Course, Boundaries Marked, Corners Marked
      Details
      • Parcel number: 425528319002
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Modular
      • Attached to another structure: Yes
      Materials
      • Masonite
      • Foundation: Stemwall
      • Roof: Fiberglass
      Condition
      • New construction: No
      • Year built: 2021

      Utilities & green energy

      • Sewer: Engineered Septic
      • Water: Central Water
      • Utilities for property: Electricity Connected, Internet - DSL, Natural Gas Connected, Phone - Cell Reception

      Community & HOA

      Community
      • Subdivision: Waterview Cove
      HOA
      • Has HOA: Yes
      • HOA name: Waterview Cove
      Location
      • Region: Ridgway
      • Elevation: 7400

      Financial & listing details

      • Price per square foot: $1,001/sqft
      • Tax assessed value: $2,434,020
      • Annual tax amount: $1,952
      • Date on market: 7/13/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $837,600

        $787,000 - $879,000

        $2,329/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$900,000+800%$1,001/sqft
        Source: CREN #837084 Report a problem
        9/26/2016Sold$100,000-9%$111/sqft
        Source: Public Record Report a problem
        8/29/2016Pending sale$109,950$122/sqft
        Source: Byrd & Company Real Estate LLC #722559 Report a problem
        7/27/2016Price change$109,950-4.3%$122/sqft
        Source: Byrd & Company Real Estate LLC #722559 Report a problem
        3/14/2016Listed for sale$114,950-32%$128/sqft
        Source: Byrd & Company Real Estate LLC #722559 Report a problem
        1/1/2016Listing removed$169,000$188/sqft
        Source: United Country Sneffels Realty #706598 Report a problem
        5/27/2015Listed for sale$169,000-86.7%$188/sqft
        Source: United Country Sneffels Realty #706598 Report a problem
        9/30/2014Sold$1,275,000+654.4%$1,418/sqft
        Source: Public Record Report a problem
        4/29/2014Listing removed$169,000$188/sqft
        Source: San Juan Realty inc #26705 Report a problem
        6/3/2011Listed for sale$169,000$188/sqft
        Source: San Juan Realty inc #26705 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,996 +0.9%$152,130 -10.8%
        2024$8,915 +37.4%$170,510 -5.6%
        2023$6,490 -0.1%$180,690 +60.7%
        2022$6,495 +30.2%$112,420 -2.8%
        2021$4,987 $115,650 +21.6%
        2020$4,987 +2.6%$95,140 -0.7%
        2019$4,862 +0.5%$95,800 +6.4%
        2018$4,840 $90,020
        2017-- $90,020 +5.5%
        2016-- $85,360
        2015-- $85,360 +11.6%
        2012-- $76,480
        2011-- $76,480 -25.6%
        2009-- $102,740
        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: 81432

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat 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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