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  • $2,175,000

    555 Waterview Lane, Ridgway, CO 81432

    4beds
    4,700sqft
    Stick Built
    Built in 2007
    1.93 Acres Lot
    $2,166,000 Zestimate®
    $463/sqft
    $6,508 Estimated rent

    Home value

    $2,166,000

    Estimated sales range

    Not available

    $6,508/mo

    Zestimate® history
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    What's special

    Rich custom finishesPrivate tree-lined approachGrand yet secluded entryPremium stainless appliancesExpansive view-facing windowsOverlooking ridgway state parkSoaring ceilings
    In the heart of Ridgway and Ouray County, where the dramatic peaks of the Sneffels Range and the rugged beauty of the Cimarron Mountains define the skyline, “Waterview” stands as one of Southwest Colorado’s most exceptional luxury residences. Set along a rare escarpment above Ridgway Reservoir and overlooking Ridgway State Park, this home captures an unmatched combination of mountain, water, and open-space views—an increasingly rare offering in today’s luxury real estate market. This custom-designed residence was thoughtfully crafted by local master builders to maximize both comfort and scenery. Every angle of the home was intentionally positioned to frame panoramic views of snowcapped peaks, alpine waters, and wide-open Colorado skies. Whether you are searching for a full-time residence, a mountain retreat, or a high-end seasonal escape, this property delivers the ideal blend of privacy, functionality, and elevated mountain living. Arriving at the home, you are welcomed by a private, tree-lined approach leading to a grand yet secluded entry. A fenced courtyard helps protect landscaping and gardens from local wildlife, while the covered entry creates a warm and inviting arrival experience. Outdoor seating areas capture direct views of Mount Sneffels, offering a peaceful place to enjoy sunrise coffee or evening alpenglow. Inside, the home features soaring ceilings, rich custom finishes, and a flowing open-concept layout designed for both everyday living and entertaining. The great room anchors the main level, seamlessly connecting to expansive view-facing windows and multiple access points to the outdoor Trex deck. The setting is ideal for year-round enjoyment—summer sunsets over the reservoir, fall colors in the valleys, and snow-covered peaks in winter. The gourmet kitchen is a true centerpiece, featuring a large island oriented toward the mountains, premium stainless appliances, and extensive custom cabinetry with pull-out storage. Adjacent dining spaces offer flexibility, from casual breakfast nooks framed by floor-to-ceiling windows to a more formal dining room filled with natural western light and detailed tray ceilings. A striking see-through fireplace with Roman plaster accent wall adds architectural warmth and subtle separation between living spaces. The primary suite is a private retreat with sweeping water and mountain views. The spa-inspired bath includes dual walk-in closets, separate vanities, a walk-in snail shower, and a luxurious soaking tub designed for relaxation after a day exploring the mountains. The lower level expands the home’s livability with a spacious recreation area ideal for a media room, game space, fitness studio, or creative retreat. A custom wet bar with matching cabinetry, beverage refrigerators, and seating area makes it perfect for entertaining. Additional bedrooms and flexible rooms provide space for guests, offices, or hobbies, while large windows continue to frame the surrounding mountain and water views. High-efficiency systems—including in-floor radiant heating, modern cooling, and quality mechanical design—ensure year-round comfort and energy efficiency. Every detail reflects thoughtful craftsmanship and long-term livability. Beyond the home, the lifestyle is what truly sets this property apart. Minutes from Ouray, often called the “Switzerland of America,” and within reach of world-class skiing at Telluride and Telluride Ski Resort, this location offers unmatched access to adventure. Residents enjoy hiking, mountain biking, jeeping, fly fishing, and endless exploration throughout the San Juan Mountains. The nearby city of Montrose provides convenient access to shopping, dining, and regional air travel. Waterview is more than a home—it is a rare opportunity to own a premier luxury property in one of Colorado’s most breathtaking settings. With s

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Schroedel 970-318-2160,

    United Country Sneffels Realty

    Bought with:

    Chase Girard

    M4 Ranch Group, LLC

    Source: CREN,MLS#: 833440MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 202.5
    • Dimensions: 13.5 x 15
    Bedroom 2
    • Area: 187.5
    • Dimensions: 12.5 x 15
    Bedroom 3
    • Area: 143
    • Dimensions: 11 x 13
    Bedroom 4
    • Area: 165
    • Dimensions: 11 x 15
    Dining room
    • Features: Separate Dining
    • Area: 168
    • Dimensions: 12 x 14
    Family room
    • Area: 552
    • Dimensions: 23 x 24
    Kitchen
    • Area: 306.25
    • Dimensions: 17.5 x 17.5
    Living room
    • Area: 306
    • Dimensions: 17 x 18
    Office
    • Area: 131.25
    • Dimensions: 10.5 x 12.5
    Heating
    • Radiant Floor
    Cooling
    • Refrigerated Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Oven-Wall, Range Top, Refrigerator, Washer
    Features
    • Wet Bar, Vaulted Ceiling(s), Pantry, Walk-In Closet(s), Fitness Room, Game Room, Media Room, Mud Room
    • Windows: Window Coverings
    • Basement: Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Den/Family Room, Gas Log, Living Room, Wood Burning Stove, Wood Stove
    Interior area
    • Total structure area: 4,700
    • Total interior livable area: 4,700 sqft
    • Finished area above ground: 4,168

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered Porch, Deck, Patio
    • Exterior features: Balcony, Landscaping
    • Has view: Yes
    • View description: Mountain(s), Valley
    • Has water view: Yes
    • Water view: Lake/Pond/Reservoir
    Lot
    • Size: 1.93 Acres
    • Features: Adj to Greenbelt, Boundaries Marked, Boundaries Surveyed, Cul-De-Sac, Near Golf Course, Wooded
    Details
    • Parcel number: 425529108006
    • Zoning description: Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Ranch
    • Property subtype: Stick Built
    Materials
    • Wood Frame
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Central Water
    • Utilities for property: Electricity Connected, Internet - DSL, Natural Gas Connected, Phone - Cell Reception, Phone Connected

    Community & HOA

    Community
    • Subdivision: Waterview
    HOA
    • Has HOA: Yes
    • HOA name: Waterview
    Location
    • Region: Ridgway
    • Elevation: 7380

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,542,460
    • Annual tax amount: $5,426
    • Date on market: 8/25/2026
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/24/2026Sold$2,175,000-5.2%$463/sqft
    Source: CREN #833440 Report a problem
    7/13/2026Contingent$2,295,000$488/sqft
    Source: CREN #833440 Report a problem
    4/10/2026Listed for sale$2,295,000-14.8%$488/sqft
    Source: CREN #833440 Report a problem
    1/6/2026Listing removed$2,695,000$573/sqft
    Source: TRIDEMLS #43737 Report a problem
    12/31/2025Price change$2,695,000-3.6%$573/sqft
    Source: CREN #826302 Report a problem
    7/8/2025Listed for sale$2,795,000+3188.2%$595/sqft
    Source: CREN #826302 Report a problem
    4/4/2011Sold$85,000$18/sqft
    Source: TRIDEMLS #26715 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,170 +1%$96,410 -16.4%
    2024$6,110 +45.4%$115,380 -6.6%
    2023$4,201 +0.1%$123,520 +73.1%
    2022$4,199 +15%$71,340 -2.8%
    2021$3,650 $73,380 +7.6%
    2020$3,650 +2.2%$68,170 -0.7%
    2019$3,571 +0.4%$68,640 +6.1%
    2018$3,555 $64,700
    2017-- $64,700 -5.1%
    2016-- $68,210
    2015-- $68,210 +8.7%
    2012-- $62,730
    2011-- $62,730 -12.2%
    2009-- $71,480
    Find assessor info on the county website

    Neighborhood: 81432

    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.

    Sell for more on Zillow
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,166,000
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    +$43,320
    With Zillow Showcase(estimated)
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