$5,900,000
- 5 Beds
- 1 Bath
- 1,436 sqft (on 78.74 acres)
47632 N Highway 550, Durango, CO 81301
Est. Mortgage $33,680/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1924
78.74 acre lot
$4,109/sqft
Garage
Local Information
-- mins to
About this House
What's unique:Bordering national forestPrivate spring-fed lakeUnmatched mountain views
A Once-in-a-Lifetime Legacy Ranch Opportunity Near Purgatory Resort This is truly one of the most rare and breathtaking properties ever offered in the area. Once you experience it in person, you will immediately understand how extraordinary it is. There is simply no other property in the area that offers this combination of history, WATER, privacy, recreation, location, and development potential. Properties like this rarely come available. Located just 1.5 miles from world-renowned Purgatory Resort and premier golf courses, this remarkable property offers unmatched mountain views, a private spring-fed lake, and direct access to endless hiking and biking trails. Bordering National Forest on one side, the setting is private, peaceful, and absolutely unforgettable. With its incredible location and stunning natural beauty, it would make an exceptional Bed & Breakfast, luxury retreat, family compound, or legacy ranch property. Some of the highlights include, private spring-fed lake that can be stocked with fish, a second private spring both springs flow continually, one domestic well, one irrigation well, plus natural spring water which is some of the best in the world suitable for drinking, historic barn that served as the original homestead residence in the 1800s, historic home and additional outbuildings with studio apartment, fully fenced acreage with room for horses, cattle, and livestock, fertile land ideal for gardens and a fully organic lifestyle, borders National Forest for unmatched recreation and privacy, endless opportunities for hiking, biking, skiing, fishing, horseback riding and outdoor adventure. This historic ranch was homesteaded in the 1800s and has remained in the same family ever since. It has never before been offered for sale. Schedule your private showing today.
Last check for updates: about 4 hours ago
Listing courtesy of Shelly Lester
Dreamcatcher Properties, LLC
Source: CREN, MLS#834891

Also Listed on CREN.
Home Details for 47632 N Highway 550
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1436 Square Feet |
Heating & Cooling No CoolingNo Heating |
View Has a ViewView: Mountain(s) |
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Exterior Home Features Roof: MetalFencing: Barbed WireOther Structures: Barn(s), Garage(s) |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage |
Frontage WaterfrontWaterfront: Lake/ReservoirOn Waterfront |
Water & Sewer Sewer: Septic Installed |
Farm & Range Horse Amenities: Corral(s)Includes Irrigation Water Rights |
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Days on Market: 12 |
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Year Built Year Built: 1924 |
Property Type / Style Property Type: FarmProperty Subtype: Farm, Agriculture, Mountain, Residential/Single Family |
Building Not a New ConstructionNot Attached Property |
Property Information Usage of Home: Livestock, Cattle, Grazing, Horses, Hunting, Mountain Recreation, Pasture, Recreational, Single FamilyParcel Number: 508935400006 |
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Price List Price: $5,900,000Price Per Sqft: $4,109 |
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MLS Status: Active |
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Direction & Address City: DurangoCommunity: None |
School Information Elementary School: Open EnrollmentJr High / Middle School: Open EnrollmentHigh School: Open Enrollment |
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Listing Agent Listing ID: 834891 |
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Building Area Building Area: 1436 Square Feet |
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No HOA |
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Lot Area: 78.74 Acres |
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Mls Number: 834891Water ViewWater View: Lake/Pond/ReservoirAttribution Contact: lesterranchllc@gmail.com |
Around this home
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
91 % 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
72 % Say car is needed
69 % Say it's quiet
67 % 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
43 % Say it's walkable to grocery stores
42 % Say streets are well-lit
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Durango
Last updated August 2026
Avg. sale price
$780K
$5KMoM
Sale-to-List Price
97.9%
Price per sq ft
$462
$16MoM
Available listings
410
19MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.57 | Single-Family Home | $725,000 | 08/27/26 | 3 | 2 | 1,344 | |
0.61 | Single-Family Home | $762,000 | 10/03/25 | 4 | 2.5 | 3,212 | |
0.63 | Single-Family Home | $1,535,000 | 12/04/25 | 3 | 4 | 3,482 | |
0.81 | Single-Family Home | $685,000 | 03/24/26 | 2 | 2 | 1,229 | |
0.99 | Single-Family Home | $750,000 | 08/17/26 | 4 | 2 | 2,010 | |
0.68 | Single-Family Home | $2,250,000 | 05/14/26 | 3 | 3.5 | 2,639 | |
0.81 | Single-Family Home | $1,694,000 | 06/26/26 | 4 | 3 | 3,280 | |
1.40 | Single-Family Home | $1,606,250 | 07/31/26 | 3 | 2.5 | 2,367 | |
1.57 | Single-Family Home | $2,300,000 | 03/09/26 | 4 | 3.5 | 2,551 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $5,900,000 | Studio | - | 1,852 | For Sale | |
0.35 | $450,900 | - | - | - | Off Market | |
0.43 | - | - | - | - | Off Market | |
0.44 | $425,000 | - | - | - | For Sale | |
0.49 | $6,990,000 | 6 | 6.5 | 8,091 | For Sale | |
0.57 | $2,541,300 | 3 | 4 | 3,918 | Off Market | |
0.57 | $725,000 | 3 | 2 | 1,344 | Recently Sold | |
0.59 | $5,495,000 | 4 | 5.5 | 6,824 | For Sale | |
0.63 | $1,535,000 | 3 | 4 | 3,482 | Recently Sold | |
0.61 | - | 4 | 2.5 | 3,212 | Off Market | |
0.68 | $2,250,000 | 3 | 3.5 | 2,639 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 13, 2026 Source: CREN #834891 | Listed For Sale | $5,900,000 |
Aug 6, 2026 Source: CREN #834891 | ListingRemoved | $5,900,000 |
May 19, 2026 Source: CREN #834891 | Listed For Sale | $5,900,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shelly Lester, Dreamcatcher Properties, LLC

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.
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Frequently asked questions about 47632 N Highway 550
- What is the estimated monthly payment for 47632 N Highway 550?Based on a $5,900,000 list price with 20% down at today's rates, the estimated monthly payment for 47632 N Highway 550 in Durango, CO is approximately $34,411 (about $33,058 principal & interest, $1,278 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 47632 N Highway 550 compare to homes in Durango?47632 N Highway 550 in Durango, CO is listed at $5,900,000, about 657% above the $780K median sale price in Durango.
- What do residents say about Durango?Residents describe Durango, CO as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Durango, CO.
- What are the closest schools to 47632 N Highway 550?The closest schools to 47632 N Highway 550 in Durango, CO are Animas Valley Elementary School (Pre-K, rated 7/10), Durango High School (rated 9/10), Miller Middle School (rated 7/10).
- How big is the lot at 47632 N Highway 550?The lot at 47632 N Highway 550 in Durango, CO is about 78.7 acres.
- Does 47632 N Highway 550 have a garage?Yes, 47632 N Highway 550 in Durango, CO has a garage.
47632 N Highway 550, Durango, CO 81301 is a 5 bedroom, 1 bathroom, 1,436 sqft single-family home built in 1924. This property is currently available for sale and was listed by CREN on Sep 13, 2026. The MLS # for this home is MLS# 834891.

