#825941, Lee Roufa, Listing office: ENGEL & VÖLKERS Telluride
#826673·
Listing office: Keller Williams Realty Southwest Associates, LLC - Montrose·
Listing agent: Colleen Aller
$749,000 List price
197 S Cora St Ridgway, CO 81432
3 beds
2 full
1,078 sqft
0.2 acres
$695 / sqft
House
Property details
About 197 S Cora St
ChatGPT said: Just two blocks from Ridgway’s vibrant town park and the local market, 197 S. Cora offers a unique and income-generating opportunity in one of Western Colorado’s most desirable small towns—just 39 miles from Telluride. Situated on .244 acres across three town lots, this well-maintained property features two distinct dwellings, mature landscaping, two storage sheds, alley access, and ample off-street parking. The freshly painted main house, built in 1900, includes two bedrooms and one bath, blending timeless character with practical updates. At the back of the property sits a charming 1890 schoolhouse, relocated to the site in 1990 and thoughtfully converted into a bright studio apartment with a full kitchen, bathroom, and large south-facing windows. The studio is currently leased for $950/month, and the main home holds a market rent potential of $2,500/month—making this an excellent investment or multi-use living opportunity. With Ridgway growing as a bedroom community to Telluride, this property is ideally suited for employee housing, short-term rental income, or flexible live-work living—all within walking distance of everything downtown Ridgway has to offer.
Highlights
Home typeSingle Family Residence
StatusActive
(NEW)
(NEW)
Size1,078 sqft
Lot size0.244 Acres
Year built1900
MLS #826673
Summary
- Full Bathrooms: 2
- Basement: No
- Total Bedroom Count: 3
- Exterior: Guest House,Shed
- Architectural Style: Victorian
- List Price: $749,000
- Price/SqFt: $694
- Annual Tax Amount: $3,032
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From the intersection of HWY 62 and HWY 550, travel west into the town of Ridgway, just after the park, turn left on S. Cora. The property is on the right or West side of S. Cora.
- Year Built: 1900
- Stories: 1
- Living Area: 1,078 SqFt
- Lot Size: 0.244 Acres
- MLS Number: 826673
- Office Name: Keller Williams Realty Southwest Associates, LLC - Montrose
- Listing Agent: Colleen Aller
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.
TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
Real Estate listings held by companies other than this brokerage contain that company's name.
Fair Housing Disclaimer 
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 24, 2014 | Home Sold | $325,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $51,040 | $3,032 |
| 2022 | $23,230 | $1,458 |
| 2021 | $23,890 | $1,699 |
| 2020 | $29,310 | $1,699 |
| 2019 | $29,310 | $1,277 |
| 2017 | $21,240 | $1,258 |
History based on county public records data.
Nearby schools
6
Ridgway Elementary School
Public District PK-5
0.4 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
14.9 mi
•447 W Columbia Ave
7
Cottonwood Elementary School
Public District KG-5
21.0 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 $66,192. Most Ridgway, CO residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
58%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
7%
Single, with Kids
34%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
13%
18-34 yrs old
50%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
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
Similar homes for sale
#826389, Lee Roufa, Listing office: ENGEL & VÖLKERS Telluride
#826094, Shannon Winter, Listing office: Rogers Real Estate Group, LLC
Tour
#820147, Shawn Carroll, Listing office: NextHome Virtual
Tour
#825778, John Burchmore, Listing office: LIV Sotheby's International Realty - Telluride
#824784, Anne-Britt Ostlund, Listing office: Mountain Rose Realty LLC
Tour
#822347, Anne-Britt Ostlund, Listing office: Mountain Rose Realty LLC
#821642, Todd Schroedel, Listing office: United Country Sneffels Realty
#821235, Mike Shimkonis, Listing office: Telluride Properties LLC
Frequently asked questions
About 197 S Cora St
The listing price of 197 S Cora St property is $749,000.
The property 197 S Cora St is a house located in Ridgway, Colorado, 81432.
Active Listing: 197 S Cora St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 197 S Cora St 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).
According to the records, the last property tax for 2023 is $3,032 (source: MLS/based on county public records data).
The last sale was on December 24, 2014 for $325,000 (source: MLS/tax record).
The property at 197 S Cora St has 3 bedrooms and 2 bathrooms.
The property 197 S Cora St is 1,078 SqFt (source: MLS/tax record).
The year of construction for 197 S Cora St is 1900.
This home is located at 197 S Cora St in Ridgway, CO and zip code 81432. This 1,078 square foot home, which was built in 1900, sits on a 0.24 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $749,000.
The inventory of homes for sale in Ridgway, CO between May and June 2025 increased by 26%. Listings spent 122 days on the market in June 2025, and had a median list price of $999,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.