Land · Active

485 Kismet

Ridgway, CO 81432

$340,000

Multi Family

Property Type

0.36 acres

Lot Size

833834

MLS #

About This Property

Incredible 0.35-acre duplex lot in River Park with sweeping views of the San Juan Mountains, including Mt. Sneffels, Abrams Mountain, and down the Ouray Valley. This lot offers excellent flexibility with multiple building options, including duplex, ADU, or single-family (buyer to verify with Town of Ridgway, Ouray County, and HOA). Backing to open space, the setting provides added privacy and a true Colorado feel.

Seller has already begun site work and developed two preliminary floor plan concepts, one with an ADU and one without, giving the Buyer a strong head start on planning and development. In addition, Seller has completed a full, permit-ready duplex plan set for the lot, including geotechnical, structural, and mechanical engineering, along with HOA DRB approval. This provides the opportunity for a Buyer to step in and move directly toward building permit with a significant amount of upfront work already completed. An additional concept has also been explored for a single-family home with and without an ADU, offering further flexibility depending on the Buyer’s vision.

High-speed fiber optic internet through Clearnetworx is in progress for the area. Significant utility value is already in place with $5,160 paid toward the water tap and $6,020 prepaid toward the sewer tap. Buyer to verify remaining balances and configurations with the Town of Ridgway depending on building plans. Located just minutes from Ridgway State Park, offering boating, fishing, and camping, and only about 45 minutes to Telluride for world-class skiing.

Endless outdoor recreation surrounds you, including hiking, biking, rafting, hunting, and 4WD access into the San Juans. Ridgway offers a true small-town atmosphere with great restaurants, art galleries, and a strong sense of community, while Montrose is just 30 minutes away with full amenities including a regional airport, hospital, and major retail.

182 days on market

Listed by Chase Girard · M4 Ranch Group, LLC · 970-729-2399

Last updated: 9/1/2026 6:16 PM · Source: Colorado Real Estate Network (CREN), MLS#: 833834

Property Details

Key Details

Property Type Land
Sub Type Multi Family
Status Active
Subdivision River Park
MLS # 833834
Days on Market 182

More Details

Lot Size (Sq Ft) 15,682
Acres 0.36
Annual Taxes $4,777
Tax Year 2025
State CO
County Ouray
Zoning Residential Multi Family,Residential Single Family

Building & Lot

Water Source Tap Available

Location

Price History

DateEventPrice
9/1/2026 Price change
Source: Colorado Real Estate Network (CREN) #833834
$340,000 -9.3%
4/21/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #833834
$375,000

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Listing information last updated September 1, 2026 at 6:16 PM.

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