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.
Active
Price cut: $35K (9/2)
$340,000
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
- 159 days
- 42
- 0
Zillow last checked:
Listing updated:
Listed by:
Chase Girard C:970-729-2399,
M4 Ranch Group, LLC
Source: CREN,MLS#: 833834
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $340,000-9.3% |
Source: | ||
| 4/21/2026 | Listed for sale | $375,000+47.1% |
Source: | ||
| 3/3/2022 | Sold | $255,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 81432
Nearby schools
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.






