Land · Active

49617 N US Hwy 550

Durango, CO 81301

$3,500,000

Unimproved Land

Property Type

2.93 acres

Lot Size

822848

MLS #

About This Property

COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use.

Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners.

Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.

559 days on market

Listed by Jaime Marquez, Coldwell Banker Mountain Properties · 970-259-3333 and Hazel Hackett, Destination DRO Real Estate Group, LLC

Last updated: 9/23/2026 12:53 PM · Source: Colorado Real Estate Network (CREN), MLS#: 822848

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision None
MLS # 822848
Days on Market 559

More Details

Lot Size (Sq Ft) 127,631
Acres 2.93
Annual Taxes $22
Tax Year 2024
State CO
County La Plata
Zoning Commercial,Other,Residential Multi Family

Building & Lot

Water Source Domestic Installed/Paid, Tap Available, Tap Installed, Tap Paid

Location

Price History

DateEventPrice
4/9/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #822848
$3,500,000

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Listing information last updated September 23, 2026 at 12:53 PM.

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