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  • Price cut: $50K (7/11)
    $1,545,000

    645 2nd Street, Ouray, CO 81427

    5beds
    2,675sqft
    : 
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    Stick Built
    Built in 1902
    3,484 Square Feet Lot
    $1,476,100 Zestimate®
    $578/sqft
    $-- HOA

    What's special

    Fully furnishedProfessionally decoratedOriginal architectural detailsPrivate deckImpeccably appointedHistoric charmWelcoming patio
    Turn-Key Luxury Vacation Rental in Prime Ouray Location A rare opportunity to own one of Ouray’s premier turn-key luxury properties—fully furnished, impeccably appointed, and already operating as a highly successful short-term rental. Unlike many homes currently on the market, this commercially zoned property is approved for short-term rental use, offering immediate income potential from day one. This beautifully remodeled 120-year-old home blends historic charm with upscale modern finishes in one of Ouray’s most desirable locations—directly across from the iconic Western Hotel and just steps from shops, restaurants, and the hot springs. Inside, original architectural details—including solid wood doors, vintage fixtures, intricate trim work, and hardwood floors—are complemented by high-end updates throughout. The gourmet kitchen features custom cabinetry, granite countertops, and premium stainless steel appliances, opening into spacious living areas designed for entertaining and relaxation. The home offers five spacious bedrooms and 3.5 thoughtfully designed bathrooms, including a main-floor ADA-compliant en-suite and a luxurious upstairs primary retreat with a private deck and clawfoot soaking tub. Outside, enjoy a beautifully landscaped yard with a welcoming patio and gas fire pit—perfect for relaxing under the Colorado sky. Ranked in the top 1% of homes on Airbnb and recognized as one of the platform’s “most loved homes,” this property has a proven track record as a luxury vacation rental with exceptional guest appeal. Offered fully furnished and professionally decorated, this truly turn-key property is ready to continue generating income immediately—whether as a private residence, investment property, or both.
    52 days
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    770
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Feeser O:970-519-1033,

    Ouray Homes Real Estate LLC

    Source: CREN,MLS#: 835001MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Upper
      Dining room
      • Features: Eat-in Kitchen, Separate Dining
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Flooring: Hardwood, Tile
      • Basement: Basement-below grade,Partially Finished
      Interior area
      • Total structure area: 2,675
      • Total interior livable area: 2,675 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 3,484 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 451531208002
      • Zoning description: Commercial,Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Stick Built
      Materials
      • Wood Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1902

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      • Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Ouray

      Financial & listing details

      • Price per square foot: $578/sqft
      • Tax assessed value: $870,210
      • Annual tax amount: $14,730
      • Date on market: 5/22/2026
      • Electric utility on property: Yes

        Estimated market value

        $1,476,100

        $1.40M - $1.55M

        $3,391/mo

        Price history

        DateEventPrice
        7/11/2026Price change$1,545,000-3.1%$578/sqft
        Source: CREN #835001 Report a problem
        5/22/2026Listed for sale$1,595,000-7.5%$596/sqft
        Source: CREN #835001 Report a problem
        10/31/2025Listing removed$1,725,000$645/sqft
        Source: CREN #824114 Report a problem
        7/14/2025Price change$1,725,000-2.8%$645/sqft
        Source: CREN #824114 Report a problem
        5/15/2025Listed for sale$1,775,000-4.1%$664/sqft
        Source: CREN #824114 Report a problem
        7/6/2024Listing removed$1,850,000$692/sqft
        Source: CREN #815570 Report a problem
        7/3/2024Listed for sale$1,850,000+117.6%$692/sqft
        Source: CREN #815570 Report a problem
        9/28/2022Sold$850,000-14.9%$318/sqft
        Source: Public Record Report a problem
        8/12/2022Listed for sale$999,000+170%$373/sqft
        Source: CREN #797232 Report a problem
        12/21/2015Sold$370,000$138/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,925 +343.4%$234,960 -2.3%
        2024$3,366 +42.2%$240,390 +276%
        2023$2,367 -2.1%$63,940 +68.8%
        2022$2,417 +25%$37,890 -2.8%
        2021$1,933 $38,970 +25.4%
        2020$1,933 +13%$31,070 -0.7%
        2019$1,711 +16.3%$31,290 +15%
        2018$1,472 $27,200 +15.3%
        2017-- $23,600 +1.9%
        2016-- $23,160 -65.3%
        2015-- $66,770 +5.3%
        2012-- $63,380
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81427

        Getting around

        62 / 100
        Somewhat Walkable
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ouray K-6
        • Middle: Ouray 7-8
        • High: Ouray 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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