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
Active
$2,295,000
555 Waterview Lane, Ridgway, CO 81432
4beds
4,700sqft
Stick Built
Built in 2007
1.93 Acres Lot
$-- Zestimate®
$488/sqft
$-- HOA
What's special
Rich custom finishesPrivate tree-lined approachGrand yet secluded entryPremium stainless appliancesExpansive view-facing windowsOverlooking ridgway state parkSoaring ceilings
- 75 days |
- 320 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Todd Schroedel 970-318-2160,
United Country Sneffels Realty
Source: CREN,MLS#: 833440
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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
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
Video & virtual tour
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: $488/sqft
- Tax assessed value: $1,542,460
- Annual tax amount: $5,426
- Date on market: 4/10/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$6,840/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listed for sale | $2,295,000-14.8%$488/sqft |
Source: | ||
| 1/6/2026 | Listing removed | $2,695,000$573/sqft |
Source: | ||
| 12/31/2025 | Price change | $2,695,000-3.6%$573/sqft |
Source: | ||
| 7/8/2025 | Listed for sale | $2,795,000+3188.2%$595/sqft |
Source: | ||
| 3/25/2011 | Sold | $85,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $71,480 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 81432
Nearby schools
GreatSchools rating
- 6/10Ridgway Elementary SchoolGrades: PK-5Distance: 4.2 mi
- 9/10Ridgway Middle SchoolGrades: 6-8Distance: 3.5 mi
- 7/10Ridgway High SchoolGrades: 9-12Distance: 3.5 mi
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.
- Colorado
- Ouray County
- Ridgway
- 81432
- 555 Waterview Lane








