488 Prospect Drive
Durango, CO 81303
(on 5.20 acres)
Local Information
-- mins to
Home Highlights
Property Type
Lot/Land
Lot Size
5.2 acres
About this House
Experience the best of Colorado living on this stunning 5.3-acre parcel, offering the La Plata Mountains in the distance and a prime location just minutes from Durango. With lush green fields, irrigation, and a cut-in driveway, this property is ready for your dream home. The land is fully surveyed with marked boundaries, providing peace of mind as you plan your build. Whether you're looking for a private retreat, or simply a place to soak in the beauty of the Southwest, this rare piece of land delivers it all. Don’t miss this opportunity to own a slice of paradise—schedule a tour today! **Do not access property through neighboring property or driveways. Access may be made throught driveway located on subject property
488 Prospect Drive, Durango, CO 81303 is a lot/land. It last sold for $255,000 on Dec 12, 2025 (7% below the $275,000 asking price). It is currently off market. The Trulia Estimate is $251,400, with a rent estimate of $2,765/month.
Home Details for 488 Prospect Drive
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MLS Status: Sold CREN Member |
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Appliances & Utilities Utilities: Electricity Available |
Gas & Electric Has Electric on Property |
View Has a ViewView: Mountain(s) |
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Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Includes Irrigation Water Rights |
Surface & Elevation Topography: Rolling |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 590319100530 |
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Price List Price: $275,000 |
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Direction & Address City: DurangoCommunity: Other |
School Information Elementary School: Florida Mesa K-5Jr High / Middle School: Escalante 6-8High School: Durango 9-12 |
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HOA Name: River Rim RanchesHas an HOA |
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Lot Area: 5.2 Acres |
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Mls Number: 823651Attribution Contact: C: 970-946-7079 |
Last check for updates: about 8 hours ago
Listed by Brett Rosenbaugh, (970) 946-7079
Keller Williams Realty Southwest Associates, LLC
Bought with: Forrest Edwards, RE/MAX Pinnacle
Source: CREN, MLS#823651

Price History for 488 Prospect Drive
| Date | Price | Event | Source |
|---|---|---|---|
| 12/12/2025 | $255,000 | Sold | CREN #823651 |
| 05/04/2025 | $275,000 | Listed For Sale | CREN #823651 |
| 05/01/2025 | $275,000 | ListingRemoved | CREN #821093 |
| 04/14/2025 | $275,000 | PriceChange | CREN #821093 |
| 02/10/2025 | $299,900 | Listed For Sale | CREN #821093 |
| 10/16/2023 | $185,000 | Sold | N/A |
Market trends in Durango
Last updated June 2026
Avg. sale price
$763K
$3.33KMoM
Sale-to-List Price
98.0%
0.2%MoM
Price per sq ft
$445
$4MoM
Available listings
385
48MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,063 |
| Assessment | $184,540 |
Home facts updated by county records
Comparable Sales for 488 Prospect Drive
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.00 | Lot/Land | $105,000 | 12/30/25 | - | - | ||
2.55 | Lot/Land | $455,000 | 01/30/26 | - | - | ||
3.38 | Lot/Land | $180,000 | 04/14/26 | - | - | ||
3.47 | Lot/Land | $410,000 | 06/24/26 | - | - | ||
3.33 | Lot/Land | $379,000 | 03/05/26 | - | - | ||
3.11 | Lot/Land | $750,000 | 02/17/26 | - | - | ||
3.32 | Lot/Land | $161,000 | 04/27/26 | - | - | ||
3.52 | Lot/Land | $372,500 | 09/05/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 488 Prospect Drive.
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
90 % Say it's dog friendly
87 % Say there's wildlife
78 % Say people would walk alone at night
76 % Say kids play outside
74 % Say there's holiday spirit
74 % Say parking is easy
73 % Say car is needed
69 % Say it's quiet
66 % Say yards are well-kept
65 % Say there are sidewalks
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
42 % Say streets are well-lit
42 % Say it's walkable to grocery stores
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 488 Prospect Drive
Off Market Homes Near 488 Prospect Drive
Frequently asked questions about 488 Prospect Drive
- What is 488 Prospect Drive estimated to be worth?Trulia's estimated value for 488 Prospect Drive in Durango, CO is $251,400.
- What is the price history for 488 Prospect Drive?488 Prospect Drive in Durango, CO last sold for $255,000 in December 2025.
- Is Durango a buyer's or seller's market?Durango is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Durango?The median sale price in Durango is $763K. That is up $3.33K from the prior month.
- Does 488 Prospect Drive have irrigation?Yes, 488 Prospect Drive in Durango, CO has irrigation.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

