Ridgway, CO 81432,117 Ponderosa
Ridgway, CO 81432,117 Ponderosa
Ridgway, CO 81432,117 Ponderosa
Ridgway, CO 81432,117 Ponderosa
Ridgway, CO 81432,117 Ponderosa
Ridgway, CO 81432,117 Ponderosa
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$1,038,000

$1,125,000

7.7%
Est.Price: ?

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Est. payment /mo

10 Beds

9 Baths

14,528 SqFt


SOLD DATE : 11/26/2021

Key Details

Sold Price $1,038,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 14,528 sqft

Price per Sqft $71

Subdivision Fairway Pines

MLS Listing ID 2916880

Sold Date 11/26/21

Style Chalet, Mountain Contemporary, Rustic Contemporary

Bedrooms 10

Full Baths 5

Half Baths 4

Condo Fees $400

HOA Fees $33/ann

HOA Y/N Yes

Originating Board recolorado

Year Built 1983

Annual Tax Amount $4,900

Tax Year 2019

Lot Size 3.380 Acres

Acres 3.38

Property Description

Introducing "The Keep" Ridgway CO (Telluride)
Simply put, there is nothing else like it in the Telluride/Ouray region. Zoned Commercial (Multi-Use or Mixed Use or 100% Residential), this substantial 14,500+foot structure is ready for your vision!
Just 38 miles to Telluride, as you pass Ralph Lauren's Ranch or 14 minutes to the local Hot Springs resort. The lot is 3.2+ acres with future building potential (country store or garages etc ) The lot borders open space to the North and the Golf Course abuts it to the East. This stellar location includes a breathtaking backdrop of the jagged Cimmarron’s / San Juans and the 14,000 ft Mt Sneffels. The parcel comes with a "founding membership"of the Divide Ranch & Clubs Award-winning 18 hole Golf Course (subject located on the 3rd-4th Holes) and HOA membership.
This was the original corporate residences of the golf developer in 1983,(formally Fairway Pines), and has been resurrected with many recent improvements: a fitness center /Gym /ADU-rental unit /residence / new flooring / turf /decking/ Bar / flooring / entertainment area and stage /indoor basketball, 2 tennis courts / putt putt / 2 climbing walls and batting cages and golf driving.
The extensive improvements include, but not limited to ADA compliance modification in 2012, new roof 2012 , newer engineered septic and also conversion to natural gas.
The possibilities for highest and best use and zoning include :Brewpub/Distillery/Medical Marijuana MMJ/, Country Store, Offices, Commercial Lodging, Professional/Medical and even a gas station! A wedding planner and events/retreat /music live work play layout seems very easy! The prior sprawling indoor salt water pool (2,400 feet) can easily be brought back into compliance, currently its set up as a music venue/sunken entertainment area.
This is truly an incredible lifestyle-live-work opportunity ,for the visionary as there is not another live work play structure for 20 miles in the county/ town or region.

Location

State CO

County Ouray

Zoning mixed use commerical

Rooms

Main Level Bedrooms 10

Interior

Heating Baseboard, Electric, Forced Air

Cooling Air Conditioning-Room, Attic Fan

Fireplace N

Appliance Cooktop, Dryer, Electric Water Heater, Gas Water Heater

Exterior

Exterior Feature Balcony, Barbecue, Dog Run, Fire Pit, Gas Grill, Lighting, Playground, Spa/Hot Tub, Tennis Court(s), Water Feature

Fence None

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

View Golf Course, Meadow, Mountain(s)

Roof Type Metal

Total Parking Spaces 50

Garage No

Building

Lot Description Fire Mitigation, On Golf Course, Open Space, Sprinklers In Front

Story Two

Sewer Septic Tank

Water Private

Level or Stories Two

Structure Type Frame, Metal Siding, Other

Schools

Elementary Schools Ridgway

Middle Schools Ridgway

High Schools Ridgway

School District Ridgway R-2

Others

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo, Other

Listing Terms 1031 Exchange, Cash, Conventional, Jumbo, Other

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Telluride Realty LLC
Bought with NON MLS PARTICIPANT

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Matt Thomas

Consultant | Broker Associate | FA100030130

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