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  • Price cut: $163K (6/24)
    $1,995,000

    423 Wisteria Drive, Montrose, CO 81403

    3beds
    3,350sqft
    : 
    $11,459/mo
    Get pre-qualified
    Stick Built
    Built in 2003
    35.04 Acres Lot
    $1,815,600 Zestimate®
    $596/sqft
    $-- HOA

    What's special

    Sweeping mountain viewsStriking two-sided natural fireplaceBeautifully crafted countertopsSingle-level luxuryCentrally located loafing shedTwo spacious guest bedroomsExtra refrigeration capacity
    Set in the heart of coveted Ouray County, this exceptional Ridgway luxury equestrian estate offers a rare blend of refined mountain living and expertly designed horse property infrastructure on 35 pristine acres. Ideally located just off County Road 1—providing seamless access to Montrose, Colorado, Ouray, Colorado, and the world-renowned destination of Telluride, Colorado—this is Southwest Colorado living at its finest. The 3,350-square-foot custom residence is a masterclass in single-level luxury, thoughtfully designed to capture sweeping mountain views and abundant natural light from every angle. Soaring ceilings, artisan woodwork, and polished stained concrete floors anchor the open-concept design, creating a seamless flow between living, dining, and entertaining spaces. At the heart of the home, the gourmet chef’s kitchen features bespoke cabinetry, high-end appliances, and beautifully crafted countertops—perfectly positioned on the south end to maximize light and views. The adjacent dining space is elevated by a striking two-sided natural fireplace that also enhances the grand living room, where large windows and doors open to a full-length patio—ideal for indoor-outdoor entertaining against a dramatic alpine backdrop. The private owner’s wing is a true retreat, offering a luxurious primary suite with generous proportions, a magnificent walk-in closet, and a spa-inspired bath complete with an oversized soaking tub and walk-in shower. A refined study with custom built-ins and detailed crown molding provides a sophisticated workspace. On the opposite wing, two spacious guest bedrooms and a beautifully appointed full bath ensure comfort and privacy. A versatile north-facing family room/art studio is bathed in soft natural light, creating an inspiring space equally suited for creative pursuits, media enjoyment, or quiet relaxation. Additional amenities include a thoughtfully designed transition space with an expansive butler’s pantry, extra refrigeration capacity, and access to both an oversized two-car garage and a separate third bay. Designed with the discerning equestrian in mind, this Colorado horse property is fully equipped for both functionality and beauty. The acreage has been expertly mitigated to maximize usable pasture, sunlight, and flow. Welded pipe fencing defines multiple connected pastures, while gentle topography ensures excellent drainage throughout. Equestrian improvements include: A four-stall barn with tack room and hay storage South-facing walk-out stalls for optimal drainage and horse health A centrally located loafing shed Dedicated hay storage building accommodating up to 400 bales Frost-free waterers, round pen, and strategically placed gates Ride-out access directly from the property—no trailering required Whether training, riding, or simply enjoying the connection to your horses, this property delivers an unparalleled equestrian lifestyle in Ridgway. Adding to the estate’s appeal is a charming, fully furnished log guest cabin, privately situated along the southern pastures. Complete with a sleeping loft and flexible living space, it offers a warm and inviting retreat for guests or caretakers. This is more than a home—it’s a gateway to the Southwest Colorado lifestyle, where you can golf, ski, soak in nearby hot springs, and explore vibrant dining, festivals, and boutique shopping—all within easy reach. Discover a rare opportunity to own a luxury ranch property near Telluride that perfectly balances elegance, privacy, and premier horse facilities.
    124 days
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    333
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    11
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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#: 833804MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Separate Dining
      Heating
      • Boiler, Radiant Floor
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Convection Oven, Oven-Wall, Range, Refrigerator, Washer
      Features
      • Vaulted Ceiling(s), Granite Counters, Guest Quarters, Pantry, Walk-In Closet(s), Media Room, Mud Room
      • Flooring: Stained/Stamped Concrete, Tile
      • Windows: Window Coverings, Skylight(s), Double Pane Windows, Low Emissivity Windows
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Stove
      Interior area
      • Total structure area: 3,350
      • Total interior livable area: 3,350 sqft
      • Finished area above ground: 3,350

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Garage Door Opener, Heated Garage
      • Attached garage spaces: 3
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered Porch, Deck, Patio
      • Exterior features: Landscaping, Lawn Sprinklers, Storm Windows/Doors
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 35.04 Acres
      • Features: Boundaries Marked, Boundaries Surveyed, Cleared, Foothills, Near Golf Course, Wooded
      Details
      • Additional structures: Barn(s), Garage(s), Guest House, RV/Boat Storage, Shed(s), Woodshed, Shed/Storage
      • Parcel number: 425714300076
      • Zoning description: Agriculture,Residential Single Family
      • Other equipment: Satellite Dish
      • Horses can be raised: Yes
      • Horse amenities: Corral(s)

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Engineered Septic
      • Water: Installed Paid, Public
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception, Propane-Tank Owned

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Montrose

      Financial & listing details

      • Price per square foot: $596/sqft
      • Tax assessed value: $1,473,190
      • Annual tax amount: $5,010
      • Date on market: 4/21/2026
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        $1,815,600

        $1.72M - $1.91M

        $4,782/mo

        Price history

        DateEventPrice
        6/24/2026Price change$1,995,000-7.6%$596/sqft
        Source: CREN #833804 Report a problem
        4/21/2026Listed for sale$2,158,000+197.7%$644/sqft
        Source: CREN #833804 Report a problem
        3/7/2016Sold$725,000$216/sqft
        Source: TRIDEMLS #30471 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,788 +0.8%$92,080 -18.4%
        2024$5,743 +47.9%$112,890 -6.6%
        2023$3,883 -0.3%$120,930 +73.5%
        2022$3,894 +34.7%$69,690 -2.8%
        2021$2,890 $71,690 +23%
        2020$2,890 -4.6%$58,300 -0.7%
        2019$3,030 +0.4%$58,720 -1.1%
        2018$3,019 $59,400 -1.6%
        2017-- $60,370 +9.8%
        2016-- $54,980
        2015-- $54,980 +16.6%
        2012-- $47,160 +5.8%
        2011-- $44,590 -18.7%
        2009-- $54,840
        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.
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        Climate risks

        Neighborhood: 81403

        Getting around

        0 / 100
        Car-Dependent
        20 / 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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