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  • $375,000

    485 Kismet Street, Ridgway, CO 81432

    --beds
    --baths
    0.36Acres
    Unimproved Land
    Built in ----
    0.36 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Backing to open space
    Incredible 0.35-acre duplex lot in River Park with sweeping views of the San Juan Mountains, including Mt. Sneffels, Abrams Mountain, and down the Ouray Valley. This lot offers excellent flexibility with multiple building options, including duplex, ADU, or single-family (buyer to verify with Town of Ridgway, Ouray County, and HOA). Backing to open space, the setting provides added privacy and a true Colorado feel. Seller has already begun site work and developed two preliminary floor plan concepts, one with an ADU and one without, giving the Buyer a strong head start on planning and development. In addition, Seller has completed a full, permit-ready duplex plan set for the lot, including geotechnical, structural, and mechanical engineering, along with HOA DRB approval. This provides the opportunity for a Buyer to step in and move directly toward building permit with a significant amount of upfront work already completed. An additional concept has also been explored for a single-family home with and without an ADU, offering further flexibility depending on the Buyer’s vision. High-speed fiber optic internet through Clearnetworx is in progress for the area. Significant utility value is already in place with $5,160 paid toward the water tap and $6,020 prepaid toward the sewer tap. Buyer to verify remaining balances and configurations with the Town of Ridgway depending on building plans. Located just minutes from Ridgway State Park, offering boating, fishing, and camping, and only about 45 minutes to Telluride for world-class skiing. Endless outdoor recreation surrounds you, including hiking, biking, rafting, hunting, and 4WD access into the San Juans. Ridgway offers a true small-town atmosphere with great restaurants, art galleries, and a strong sense of community, while Montrose is just 30 minutes away with full amenities including a regional airport, hospital, and major retail.
    66 days
    |
    23
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Girard C:970-729-2399,

    M4 Ranch Group, LLC

    Source: CREN,MLS#: 833834MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.36 Acres
      • Features: Adj to Greenbelt, Adj to Open Space
      • Topography: Level
      Details
      • Parcel number: 430516223047
      • Zoning description: Residential Multi Family,Residential Single Family

      Utilities & green energy

      • Sewer: Sewer Tap Available
      • Water: Tap Available
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception, Phone - Landline

      Community & HOA

      Community
      • Subdivision: River Park
      HOA
      • Has HOA: Yes
      • HOA name: River Park Owners Association
      Location
      • Region: Ridgway

      Financial & listing details

      • Tax assessed value: $280,000
      • Annual tax amount: $4,776
      • Date on market: 4/21/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,961/mo

        Price history

        DateEventPrice
        4/21/2026Listed for sale$375,000+47.1%
        Source: CREN #833834 Report a problem
        3/3/2022Sold$255,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,175 +0.6%$75,600 +15.4%
        2024$4,149 +55.4%$65,510 -3.8%
        2023$2,670 +8.6%$68,100 +73.9%
        2022$2,458 +11.1%$39,150
        2021$2,212 $39,150 +3.8%
        2020$2,212 +111.4%$37,700
        2019$1,046 +1.5%$37,700 +116.7%
        2018$1,031 $17,400
        2017-- $17,400 -52.4%
        2016-- $36,540
        2015-- $36,540 -12.5%
        2012-- $41,760
        2011-- $41,760 -23.1%
        2009-- $54,330

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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

        23 / 100
        Car-Dependent
        54 / 100
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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