#822005, Lee Roufa, Listing Office: ENGEL & VÖLKERS Telluride
185 N Lena St Condo "D" Unit Condo D, Ridgway, CO 81432
Property details
About 185 N Lena St Condo "D"
Deed Restricted Workforce CONDO "D" consists of 4 new work force condo units. There are 4 individual deed restricted condos. 3 are 1 bedroom/1 full bath and one is a studio with a full bath. They come complete with oven/range, refrigerator, dishwasher, washer and dryer. Each unit has a storage and a carport. There is elevator to access these units. Centrally located in the core of Town and within walking distance to most amenities. These units have approx 17 years remaining of a Deed Restriction then they become "Free Market" units. Currently yielding over 5% on the full asking price with rents set well below the maximum allowed. The ONLY deed restriction is income based and that is set at 140% of AMI (Area Median Income).
Highlights
Summary
- Full Bathrooms: 4
- Appliances: Range, Oven, Refrigerator, Dishwasher, Washer, Dryer
- Flooring Type: Laminate
- Interior: Elevator
- Total Bedroom Count: 3
- View: Mountain(s)
- Exterior: Shed/Storage,Balcony
- Architectural Style: Modern
- Heating: Electric, Heat Pump
- Cooling: Ductless
- List Price: $1,800,000
- Price/SqFt: $525
- Lot: Corner Lot
- Directions: Town of Ridgway. North on Lena. Property on the left
- Year Built: 2024
- Stories: 1
- Living Area: 3,424 SqFt
- MLS Number: 819793
- Office Name: Ridgway Real Estate
- Listing Agent: Charles Mueller
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$1,800,000
185 N Lena St Condo "D"
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
6
Ridgway Elementary School
Public District PK-5
0.4 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. Typical income of Unit Condo D, Ridgway, CO residents is between $35k-100k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 185 N Lena St Condo "D"
The listing price of 185 N Lena St Condo "D" property is $1,800,000.
The property 185 N Lena St Condo "D" is a condo located in Unit Condo D, Ridgway, Colorado, 81432.
Active Listing: 185 N Lena St Condo "D" is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 185 N Lena St Condo "D" are: Ridgway Elementary School (GreatSchools Rating 6/10), Telluride Intermediate School (GreatSchools Rating 8/10), Cottonwood Elementary School (GreatSchools Rating 7/10), Ridgway Middle School (GreatSchools Rating 7/10), Telluride Middle School (GreatSchools Rating 8/10), Columbine Middle School (GreatSchools Rating 5/10), Ridgway High School (GreatSchools Rating 8/10), Ouray High School (GreatSchools Rating 7/10), Telluride High School (GreatSchools Rating 7/10).
The property at 185 N Lena St Condo "D" has 3 bedrooms and 4 bathrooms.
The property 185 N Lena St Condo "D" is 3,424 SqFt (source: MLS/tax record).
The year of construction for 185 N Lena St Condo "D" is 2024.
This home is located at 185 N Lena St Condo "D" in Unit Condo D, Ridgway, CO and zip code 81432. This 3,424 square foot home was built in 2024. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $1,800,000.
In May 2025 in Unit Condo D, Ridgway, CO there were 36.6% more homes for sale than in April. The median list price of listings available in May 2025 was $1,024,500, while the average time on the real estate market was 125 days.