#821170, Todd Schroedel, Listing Office: United Country Sneffels Realty
$1,135,000 List price
172 N Laura St Ridgway, CO 81432
0.2 acres
Land
Property details
About 172 N Laura St
Location, Location, Location! Prime Mixed-Use Development Opportunity in the heart of Ridgway, Colorado. Situated in the Downtown Historic Business District, this parcel is ideal for investors looking to create a dynamic blend of residential and commercial spaces in the fast-growing Ouray-Telluride corridor. A blank template for a true legacy property with incredible long-term value. Unbeatable zoning and development flexibility allows for three-stories of construction (up to 35 feet high), rooftop patios, and a variety of mixed-use options, including retail shops, restaurants, bars, luxury townhomes, a boutique hotel, galleries, outdoor entertainment areas, and/or high-end condominiums. A conceptual design is included with the listing, demonstrating the site’s diverse potential. Located within close proximity to Ridgway’s beautiful parks, markets, schools, banks, churches, community hubs, scenic trails and outdoor recreation, the property has high visibility and great walkability. Pedestrian-friendly infrastructure is already in place, with landscaped sidewalks and street enhancements surrounding the property. Investors will appreciate the existing infrastructure, including municipal water & sewer, electricity, natural gas, and high-speed internet. The property is currently improved with a rented single-family residence providing an interim income stream. A wonderful opportunity to invest in the future of southwest Colorado - - Ridgway has become a premier destination thanks to its strategic location between Telluride, Ouray, Silverton and Montrose. With strong tourism, a growing community, and unparalleled mountain views, this is a rare opportunity to bring your vision for Colorado’s future to life. See also MLS # 822056 for the sale of the adjacent property at 664 Clinton Street, which together represents 5-contiguous town lots (an entire quarter block bounded by two streets and two alleyways).
Highlights
Home typeResidential Land
StatusActive
Lot size0.23 Acres
MLS #822055
ViewMountain(s), Other, Valley
Summary
- MLS Number: 822055
- Office Name: United Country Sneffels Realty
- Listing Agent: Todd Schroedel
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$1,135,000
172 N Laura St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 28, 2019 | Home Sold | $345,150 |
| Sep 26, 2007 | Home Sold | $271,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $39,640 | $2,317 |
| 2022 | $17,520 | $1,099 |
History based on county public records data.
Nearby schools
6
Ridgway Elementary School
Public District PK-5
0.3 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
15.0 mi
•447 W Columbia Ave
7
Cottonwood Elementary School
Public District KG-5
20.9 mi
•3500 Woodgate Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $57,568. Most Ridgway, CO residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
27%
<35k
57%
35k-100k
11%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
3%
Single, with Kids
42%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
51%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 172 N Laura St
This home is located at 172 N Laura St in Ridgway, CO and zip code 81432. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $1,135,000.
In March 2025 in Ridgway, CO there were 41.9% more homes for sale than in February. While the average time on the market in March 2025 was 136 days, the median list price was $970,000.
From Rocket Homes Real Estate and based on county public records data.