Land · Active

TBD Railroad/Hyde

Ridgway, CO 81427

$1,400,000

Unimproved Land

Property Type

4.47 acres

Lot Size

832043

MLS #

About This Property

Premier Development Opportunity – Ideal for Multifamily or Mixed-Use in Ridgway Positioned in a highly desirable location, this 4.468-acre parcel—currently zoned Historic Business—offers exceptional potential for investors and developers seeking a multifamily or mixed-use project. With strong demand for housing and thoughtfully planned development in the area, this property presents a compelling opportunity to bring a new residential or integrated live/work concept to market. Formerly planned as the Alpenglow Cohousing community, the site has already benefited from preliminary planning efforts. Development density and allowable uses will be determined in collaboration with the Town of Ridgway Planning Department, based on the buyer’s vision and formal proposal—allowing flexibility to maximize the site’s potential.

The Cohousing development group decided to not move forward with their project as many of their members found it to no longer be feasible for the project. Valuable data and materials compiled during the previous development process will be made available during the due diligence period, offering meaningful insights and potential cost and time savings for future planning. An outstanding opportunity for developers looking to create a distinctive multifamily, workforce housing, or mixed-use project in one of Western Colorado’s most sought-after communities.

233 days on market

Listed by Beckie Pendergrass · Keller Williams Realty Southwest Associates, LLC - Montrose · 970-596-0870

Last updated: 9/2/2026 9:51 AM · Source: Colorado Real Estate Network (CREN), MLS#: 832043

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision None
MLS # 832043
Days on Market 233

More Details

Lot Size (Sq Ft) 194,626
Acres 4.468
Annual Taxes $46,536
Tax Year 2023
State CO
County Ouray
Zoning Commercial

Building & Lot

Water Source Public, Tap Available

Location

Price History

DateEventPrice
9/1/2026 Price change
Source: Colorado Real Estate Network (CREN) #832043
$1,400,000 +229.4%
8/8/2026 Price change
Source: Telluride Association of REALTORS® #44307
$425,000 +64.1%
7/23/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #837489
$259,000 -39.1%
3/2/2026 Listed for sale
Source: Telluride Association of REALTORS® #44307
$425,000 +11.8%
3/1/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #832043
$380,000 +1,709.5%
1/30/2026 Sold
Source: Colorado Real Estate Network (CREN) #822189
$21,000 -94.7%
1/30/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #822189
—
10/28/2025 Listing removed
Source: Aspen Glenwood MLS #189956
—
10/9/2025 Listing removed
Source: Altitude MLS #S1063901
—
10/9/2025 Price change
Source: Altitude MLS #S1063901
$399,000
10/9/2025 Price change
Source: Aspen Glenwood MLS #189956
$399,000
10/8/2025 Listed for sale
Source: Altitude MLS #S1063901
$399,000 -1.0%
9/17/2025 Price change
Source: Aspen Glenwood MLS #189956
$403,000 -9.0%
8/30/2025 Listed for sale
Source: Aspen Glenwood MLS #189956
$443,000 +195.3%
3/31/2025 Listing removed
Source: Telluride Association of REALTORS® #43382
—
3/31/2025 Listed for sale
Source: Telluride Association of REALTORS® #43382
$150,000 +500.0%
3/19/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #822189
$25,000 -92.8%
3/2/2025 Listing removed
Source: Telluride Association of REALTORS® #43247
—
2/18/2025 Sold
Source: Colorado Real Estate Network (CREN) #816839
$349,000 -63.3%
2/18/2025 Listing removed
Source: Colorado Real Estate Network (CREN) #816839
—
2/11/2025 Listed for sale
Source: Telluride Association of REALTORS® #43247
$949,900 +172.2%
8/4/2024 Listed for sale
Source: Colorado Real Estate Network (CREN) #816839
$349,000 +534.5%
12/1/2023 Sold
Source: Colorado Real Estate Network (CREN) #806341
$55,000 +44.7%
12/1/2023 Listing removed
Source: Colorado Real Estate Network (CREN) #806341
—
10/2/2023 Sold
Source: Colorado Real Estate Network (CREN) #805968
$38,000 -65.5%
10/2/2023 Listing removed
Source: Colorado Real Estate Network (CREN) #805968
—
7/24/2023 Listed for sale
Source: Colorado Real Estate Network (CREN) #806341
$110,000 +158.8%
7/16/2023 Listed for sale
Source: Colorado Real Estate Network (CREN) #805968
$42,500 -83.6%
3/13/2023 Sold
Source: Colorado Real Estate Network (CREN) #795413
$258,825
3/13/2023 Listing removed
Source: Colorado Real Estate Network (CREN) #795413
—
3/12/2023 Sold
Source: Telluride Association of REALTORS® #40826
$258,825 +7.8%
6/27/2022 Listed for sale
Source: Telluride Association of REALTORS® #40826
$240,000
6/26/2022 Listed for sale
Source: Colorado Real Estate Network (CREN) #795413
$240,000 -28.9%
8/1/2021 Sold
Source: Vail Multi List Service (VMLS) #925719
$337,500 -3.6%
8/1/2021 Price change
Source: Vail Multi List Service (VMLS) #925719
$350,000 +262.7%
9/16/2020 Sold
Source: Telluride Association of REALTORS® #38627
$96,500 -3.5%
8/11/2020 Listed for sale
Source: Telluride Association of REALTORS® #38627
$100,000 -20.0%
8/2/2017 Sold
Source: Telluride Association of REALTORS® #34462
$125,000 -50.0%
12/28/2016 Listed for sale
Source: Telluride Association of REALTORS® #34462
$250,000 -34.2%
2/11/2016 Listed for sale
Source: Vail Multi List Service (VMLS) #925719
$380,000 +28.8%
11/28/2011 Sold
Source: Telluride Association of REALTORS® #27517
$295,000 -25.3%
2/23/2011 Listed for sale
Source: Telluride Association of REALTORS® #27517
$395,000 +132.4%
8/11/2010 Sold
Source: Telluride Association of REALTORS® #26609
$170,000 -5.6%
6/30/2010 Listed for sale
Source: Telluride Association of REALTORS® #26609
$180,000 +80.0%
6/21/2007 Sold
Source: Telluride Association of REALTORS® #13460
$100,000 -31.0%
6/10/2007 Sold
Source: Telluride Association of REALTORS® #20360
$145,000 -77.7%
2/25/2007 Sold
Source: Telluride Association of REALTORS® #19797
$650,000 +348.3%
12/5/2006 Listed for sale
Source: Telluride Association of REALTORS® #20360
$145,000 +202.1%
10/18/2006 Sold
Source: Telluride Association of REALTORS® #20113
$48,000 -93.1%
7/26/2006 Listed for sale
Source: Telluride Association of REALTORS® #19797
$699,000 +1,090.8%
12/27/2005 Listed for sale
Source: Telluride Association of REALTORS® #20113
$58,700 -83.2%
12/8/2004 Sold
Source: Telluride Association of REALTORS® #15987
$350,000 -82.7%
9/20/2004 Sold
Source: Telluride Association of REALTORS® #15801
$2,020,875 +411.6%
6/30/2004 Listed for sale
Source: Telluride Association of REALTORS® #15987
$395,000 -82.3%
5/19/2004 Listed for sale
Source: Telluride Association of REALTORS® #15801
$2,231,250 +1,813.3%
12/21/2003 Listed for sale
Source: Telluride Association of REALTORS® #13460
$116,619 -28.0%
2/18/1991 Sold
Source: Vail Multi List Service (VMLS) #148386
$162,000 -12.4%
9/4/1990 Listed for sale
Source: Vail Multi List Service (VMLS) #148386
$185,000

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

Listing information last updated September 2, 2026 at 9:51 AM.

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