Residential Income · Active

71450 US Highway550

Silverton, CO 81433

10 Baths · 6,234 Sq Ft

$2,400,000

Multi Family

Property Type

2 acres

Lot Size

1924

Year Built

$385

Price per Sq Ft

820809

MLS #

About This Property

This is an extraordinary opportunity to own a one-of-a-kind lodging and event venue just outside the vibrant mountain town of Silverton. Originally built in 1924 as a roadside hotel, bar, and restaurant, the Columbine Roadhouse has been thoughtfully reimagined into a boutique hotel and event space, with the potential to evolve into a true destination resort combining both refined indoor accommodations and upscale outdoor lodging. The main level features a private residence, a full-service bar, and a welcoming hospitality area for guests. The second floor offers four newly remodeled hotel rooms, each with a private bath, along with an expansive 800 sq ft guest suite and a laundry area.

The third level includes a versatile 600 sq ft apartment/hostel/bunk room complete with a kitchenette and full bathroom. The outdoor event space is a true showstopper, designed for memorable gatherings and live entertainment. It includes a 600 sq ft timber-framed bar, a matching 600 sq ft covered stage with an equipment room, a 200 sq ft commercial kitchen, men’s and women’s restrooms, and a dedicated ATM room. The glamping component of this potential resort includes multiple tent platforms, a small residential cabin, and a new bathhouse scheduled for completion by spring 2026.

There is additional capacity to expand with more glamping tents and RV sites, further enhancing the property’s appeal as a high-end, experience-driven destination. Set on two private acres bordering National Forest, the property offers direct trail access and sweeping panoramic views in every direction. Located within a designated Colorado Enterprise Zone, qualifying businesses may benefit from significant tax advantages, including state income tax credits and sales/use tax exemptions—adding substantial long-term value. The Columbine Roadhouse is a rare and exciting opportunity for savvy entrepreneurs and creative investors seeking to create a distinctive destination resort in one of Colorado’s most iconic mountain settings. Seller financing available. Showings by appointment to qualified buyers only

634 days on market

Listed by Stellar Mountain Properties Ltd. · 970-903-4132

Last updated: 3/31/2026 1:14 PM · Source: Colorado Real Estate Network (CREN), MLS#: 820809

Property Details

Key Details

Property Type Residential Income
Sub Type Multi Family
Status Active
Price per Sq Ft $385
Subdivision Not Applicable
MLS # 820809
Days on Market 634
Full Baths 7
Half Baths 3

More Details

Year Built 1924
Lot Size (Sq Ft) 87,120
Acres 2
Annual Taxes $6
Tax Year 2024
State CO
County San Juan
Zoning Other

Interior

Flooring Carpet, Tile, Wood

Exterior & Parking

Garage No
Parking Features 20+ Total Spaces
Roof Metal

Building & Lot

New Construction No

Terms & Other

Listing Terms 1031 Exchange, Cash, Conventional, Owner May Carry

Location

Price History

DateEventPrice
4/7/2026 Price change
Source: Telluride Association of REALTORS® #43950
$2,400,000 $385/sqft
3/31/2026 Price change
Source: Colorado Real Estate Network (CREN) #820809
$2,400,000 $385/sqft
3/31/2026 Price change
Source: Colorado Real Estate Network (CREN) #820808
$2,400,000 $385/sqft
9/11/2025 Listed for sale
Source: Telluride Association of REALTORS® #43950
$2,400,000 -14.3% $385/sqft
1/29/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #820809
$2,800,000 +16.7% $449/sqft
1/28/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #820808
$2,400,000 $385/sqft

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 March 31, 2026 at 1:14 PM.

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