Extraordinary Southwestern Retreat in the Heart of Ridgway
Crafted with impressive timber construction, fresh exterior stucco, and striking metal accents, this one-of-a-kind home seamlessly blends rustic elegance with modern comfort. Expansive windows frame spectacular mountain vistas, including dramatic views of Mt. Abrams toward Ouray and overlooking the Ridgway Athletic Park. The open-concept living, dining, and kitchen spaces are filled with natural light and designed to capture the beauty of the surrounding scenery. Imagine yourself sitting in on the back patio watching the brilliant sunset glow after a day of recreation. This is Colorado living at its finest.
The chef's kitchen is appointed with premium appliances, a gathering bar, and abundant space for entertaining. In the living room, authentic Southwestern character shines through a custom built-in adobe-style seating area, soaring wood ceilings, and massive exposed timbers that create an atmosphere of warmth and sophistication. For convenience is a nearby full bathroom with tile accents.
A whimsical spiral staircase leads to the private primary retreat, where a balcony offers a peaceful place to enjoy your morning coffee or to read your favorite book. The beautifully remodeled spa-inspired bath features dual vanities, a walk-in shower, and designer finishes.
On the lower level, a stunning stone-floored gallery hallway lined with windows overlooks a hidden garden sanctuary bursting with colorful lupine, poppies, columbines, and other seasonal blooms. A charming bunk room with custom built-in bunks provides the perfect space for guests, a media room, or a creative office. The spacious guest suite features a luxurious remodeled en-suite bath with illuminated shower details, exquisite tile work, and an antique sliding entry door to the room.
Radiant in-floor heat, two separate mini-split systems, smart thermostats, and integrated smart-home features enhance the home's efficiency and convenience, while countless architectural details and cozy nooks add character throughout.
A secluded outdoor breezeway patio creates a private outdoor retreat. Adding exceptional versatility, the residence offers a lock-off configuration that separates the main home from a fully equipped guest studio apartment complete with a kitchenette, refrigerator, dishwasher, full bath, and spacious loft sleeping and sitting area. This private studio suite presents outstanding income potential or accommodations for extended family and guests.
Completing the property is a two-car garage with ample room for outdoor gear and recreational vehicles. For easy garden upkeep, enjoy the professionally installed sprinkler system with smart controller and landscape lighting. Select furnishings may be available for purchase separately.
A rare opportunity to own a truly distinctive Ridgway retreat where authentic Southwestern architecture, modern amenities, investment flexibility, and an unmatched mountain lifestyle converge.
For sale
$1,125,000
500 Chipeta Dr Unit B, Ridgway, CO 81432
3beds
--sqft
Townhouse
Built in 1992
-- sqft lot
$1,074,400 Zestimate®
$--/sqft
$-- HOA
What's special
Designer finishesImpressive timber constructionExquisite tile workRadiant in-floor heatGathering barWalk-in showerTwo separate mini-split systems
- 44 days
- 297
- 3
Zillow last checked:
Listing updated:
Listed by:
Mandy N Powell 970-209-6326,
Norris-Phillips Real Estate, LLC
Source: TRIDEMLS,MLS#: 44748
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Radiant Floor
Property
Details
- Parcel number: 430516313041
Construction
Type & style
- Home type: Townhouse
- Architectural style: Southwest
- Property subtype: Townhouse
Materials
- Stucco
- Foundation: Slab
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Other
- HOA name: Part of Solar Ranch, also shares water/sewer/trash with other condo unit.
Location
- Region: Ridgway
Financial & listing details
- Tax assessed value: $1,002,380
- Annual tax amount: $4,379
- Date on market: 7/16/2026
Estimated market value
$1,074,400
$1.02M - $1.13M
$4,074/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,125,000+115.5% |
Source: | ||
| 7/3/2018 | Sold | $522,000+75.8% |
Source: | ||
| 9/3/2014 | Sold | $297,000-4.2% |
Source: | ||
| 5/14/2008 | Sold | $310,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,375 +0.6% | $62,650 -8.7% |
| 2024 | $4,348 +53.8% | $68,650 -8.5% |
| 2023 | $2,828 +5.6% | $75,030 +80.9% |
| 2022 | $2,678 +23.8% | $41,470 -2.8% |
| 2021 | $2,164 | $42,660 +15.6% |
| 2020 | $2,164 +41.3% | $36,890 -0.7% |
| 2019 | $1,532 +1.5% | $37,150 +45.8% |
| 2018 | $1,509 | $25,480 |
| 2017 | -- | $25,480 +42.7% |
| 2016 | -- | $17,860 |
| 2015 | -- | $17,860 -12.9% |
| 2012 | -- | $20,500 |
| 2011 | -- | $20,500 -17.4% |
| 2009 | -- | $24,810 |
Find assessor info on the county website
Monthly payment
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