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!
For sale
$3,900,000
3623 Elkhorn Mountain Rd, Durango, CO 81301
4beds
3,157sqft
Single Family Residence
Built in 2002
35 Acres Lot
$3,656,000 Zestimate®
$1,235/sqft
$167/mo HOA
What's special
Five-stall horse barnTurnout paddockRound penFenced pasturesUncovered riding arenaIn-floor radiant heatDouble-gated privacy
- 35 days |
- 773 |
- 49 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Yaseen 970-708-0808,
Telluride Properties,
Jonathan Yaseen 970-708-7555,
Telluride Properties
Source: TRIDEMLS,MLS#: 44452
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Radiant Floor, Wood Stove, In-Floor
Cooling
- Air Conditioning
Features
- Equipment Barn, Hay Barn, Lofts: None
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: 1, Wood Burning
- Furnished: Yes
Interior area
- Total structure area: 9,361
- Total interior livable area: 3,157 sqft
Property
Parking
- Total spaces: 7
- Parking features: 5+ Car Garage, Detached
- Has garage: Yes
- Covered spaces: 4
- Has uncovered spaces: Yes
- Details: Covered Parking: 4 Car
Features
- Exterior features: Gated
- Fencing: Fenced
- Has view: Yes
- View description: Engineer Mountain, Hermosa Valley
Lot
- Size: 35 Acres
Details
- Additional structures: Garage(s), Equipment Barn, Guest House, Livestock Barn, Workshop, Hay Barn
- Parcel number: R432270
- Zoning description: Agricultural
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Southwest
- Property subtype: Single Family Residence
Materials
- Frame, Log
- Roof: Asphalt
Condition
- 21 - 40 Years
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: Power Company
- Gas: Natural
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: Yes
- Services included: Snow Removal
- HOA fee: $2,000 annually
Location
- Region: Durango
Financial & listing details
- Price per square foot: $1,235/sqft
- Tax assessed value: $2,473,510
- Annual tax amount: $2,666
- Date on market: 5/8/2026
Estimated market value
$3,656,000
$3.47M - $3.84M
$4,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $3,900,000$1,235/sqft |
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 | -- | $89,070 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
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.
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Climate risks
Neighborhood: 81301
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Animas Valley Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 6/10Miller Middle SchoolGrades: 6-8Distance: 12.5 mi
- 9/10Durango High SchoolGrades: 9-12Distance: 12.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- La Plata County
- Durango
- 81301
- 3623 Elkhorn Mountain Rd






