Set within the exclusive gated equestrian community of Red Tail Mountain Ranch, Two Bears Ranch at 3623 Elkhorn Mountain Road is a legacy Colorado ranch property purpose-built for the horse and mountain lifestyle. Offered for the first time since construction, this immaculately maintained 35-acre estate combines privacy, infrastructure, usability, and direct access to some of Southwest Colorado's most scenic riding terrain. Positioned atop a gentle knoll with commanding views in every direction, the main residence was thoughtfully designed to capture both sunrise and sunset from wraparound patios on the east and west sides. The home features in-floor radiant heat, air conditioning, exceptional care throughout ownership, and a setting that feels both elevated and deeply connected to the surrounding landscape. A separate 2-bedroom, 2-bath guest residence provides ideal accommodations for extended family or ranch staff. Designed with the serious equestrian in mind, the property includes a five-stall horse barn, heated wash station, turnout paddock, round pen, uncovered riding arena, fenced pastures, equipment shed with three bay doors, and an oversized detached garage serving the main home. Every structure on the ranch received new roofing in 2025, reflecting the level of stewardship and investment throughout the estate. Redtail Mountain Ranch is one of Durango's premier luxury ranch communities, known for its large acreage parcels, double-gated privacy, paved access, and extensive private equestrian trail system. From the property, riders can access trails winding throughout the subdivision descending toward the Hermosa Valley - an exceptional setup for western riding, trail riding, and backcountry exploration. Despite the private mountain setting, the property enjoys year-round paved access from the highly sought-after "Gold Coast" corridor of County Road 250, placing downtown Durango, Dalton Ranch and Glacier Ranch Golf Clubs, Purgatory Resort, and the Durango-La Plata County Airport within convenient reach. Rarely does a turnkey horse property with this level of infrastructure, privacy, usability, and trail access come available in Durango. 3623 Elkhorn Mountain Road represents a unique opportunity to own a true Colorado equestrian ranch where luxury mountain living and the western lifestyle converge. Reach out for more photos and to schedule a private tour!
Lot/land
Price cut: $205K (8/24)
$3,695,000
3623 Elkhorn Mountain Rd, Durango, CO 81301
4beds
35Acres
Unimproved Land
Built in 2002
35 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Five-stall horse barnTurnout paddockRound penFenced pasturesUncovered riding arenaIn-floor radiant heatDouble-gated privacy
- 136 days
- 464
- 29
Zillow last checked:
Listing updated:
Listed by:
Ryan Yaseen 970-764-0595,
Telluride Properties,
Jonathan Yaseen 970-708-7555,
Telluride Properties
Source: TRIDEMLS,MLS#: 44452
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Wood Stove, Radiant Floor
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning, 1
Property
Features
- Fencing: Fenced
Lot
- Size: 35 Acres
Details
- Additional structures: Barn(s), Guest House, Workshop
- Parcel number: R432270
- Horses can be raised: Yes
Utilities & green energy
- Water: Well
Community & HOA
Community
- Security: Gated Community
HOA
- Has HOA: Yes
- Services included: Snow Removal
Location
- Region: Durango
Financial & listing details
- Tax assessed value: $2,473,510
- Annual tax amount: $2,666
- Date on market: 5/8/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $3,695,000-5.3% |
Source: | ||
| 5/7/2026 | Listed for sale | $3,900,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,288 +16.3% | $155,310 +20.1% |
| 2024 | $5,405 +5.3% | $129,290 -3.6% |
| 2023 | $5,130 -0.7% | $134,080 +13.6% |
| 2022 | $5,166 | $117,990 -2.8% |
| 2021 | -- | $121,450 +4.4% |
| 2020 | $4,802 +10.2% | $116,280 |
| 2019 | $4,356 | $116,280 +4.6% |
| 2018 | $4,356 | $111,200 +7.7% |
| 2017 | $4,356 +9.9% | $103,270 +0.1% |
| 2016 | $3,963 +22.1% | $103,180 |
| 2015 | $3,245 | $103,180 +10.1% |
| 2014 | -- | $93,680 |
| 2013 | -- | $93,680 +0.2% |
| 2012 | -- | $93,500 +0.2% |
| 2011 | -- | $93,330 +4.5% |
| 2010 | -- | $89,310 -0.8% |
| 2009 | -- | $90,050 +1.1% |
| 2008 | -- | $89,070 |
Find assessor info on the county website






