Land · Active

TBD Sherman

Ridgway, CO 81432

0 Baths

$375,000

Unimproved Land

Property Type

0.25 acres

Lot Size

837467

MLS #

About This Property

Premier Ridgway development opportunity located on Sherman Street / Highway 62 in the heart of town. This rare, cleared parcel is approximately 10,375 sq. ft. (73 X 142 frontage) and offers a range of potential residential development concepts, including single-family with ADU potential, townhome-style residences, condominium-style residences, or a multi-unit residential structure. The property’s location also provides added flexibility under Ridgway’s Downtown Service District framework, which is intended to allow residential use with compatible limited commercial or live/work possibilities while maintaining a residential character.

The parcel size may also allow for subdivision into two qualifying residential lots, potentially creating the opportunity for two principal dwelling units with ADU potential. With its manageable size, attractive price point, central Ridgway location, strong street visibility, and flexible development potential, this property offers an appealing opportunity for a builder, developer, investor, or owner-user seeking to create value in the Ridgway market.

90 days on market

Listed by Judi Snelling · United Country Sneffels Realty · 970-626-3555

Last updated: 8/12/2026 1:24 PM · Source: Colorado Real Estate Network (CREN), MLS#: 837467

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision Other
MLS # 837467
Days on Market 90

More Details

Lot Size (Sq Ft) 10,890
Acres 0.25
Annual Taxes $5,487
Tax Year 2026
State CO
County Ouray
Zoning Business,Residential Multi Family,Residential Single Family

Building & Lot

Water Source Tap Available

Location

Price History

DateEventPrice
7/26/2026 Listed for sale
Source: Telluride Association of REALTORS® #44779
$375,000
7/22/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #837467
$375,000 -46.0%
7/9/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #831830
—
2/20/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #831830
$695,000 +34.7%
1/8/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #830865
$516,000
5/27/2025 Listing removed
Source: Telluride Association of REALTORS® #42528
—
5/28/2024 Listed for sale
Source: Telluride Association of REALTORS® #42528
$516,000 +986.3%
8/10/2017 Sold
Source: Telluride Association of REALTORS® #33337
$47,500 -26.4%
7/11/2017 Listed for sale
Source: Telluride Association of REALTORS® #33337
$64,500

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.

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Listing information last updated August 12, 2026 at 1:24 PM.

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