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Purgatory Resort Redevelopment Opportunity

49617 Highway 550, Durango, CO 81301

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For Sale

$3,500,000

2.9-acre mixed-use redevelopment site in Purgatory Ski Resort.

Type:Land

Lot size:

2.93 Acres

HighLights

Prime 2.9‑acre mixed‑use redevelopment site in Purgatory Ski Resort.
Significant highway frontage provides excellent visibility and year‑round accessibility.
Potential for a variety of developments including a boutique hotel, condos, retail, restaurant, and more.
La Plata County land use code allows for 3‑4 stories in height.
Served by Purgatory Metro District for water and sewer, and La Plata Electric service on‑site.
No covenants, offering development flexibility.

We can help!

Listing Contact

Jaime Marquez

For Sale

$3,500,000

2.9-acre mixed-use redevelopment site in Purgatory Ski Resort.

Type:Land

Lot size:

2.93 Acres

Added:: Apr 11, 2025
Days on Market:: 432
Last Refresh:: Jan 20 at 9:21 am

Property Features for 49617 Highway 550

General Information

Standard status: Active
Lot size: 2.93 Acres
Property subtype: Land

We can help!

Listing Contact

Jaime Marquez

Listing agent Jaime Marquez License #EA100030093

Listing office Coldwell Banker Mountain Properties

Listing date Apr 11, 2025

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Mountain Properties

HighLights

Prime 2.9‑acre mixed‑use redevelopment site in Purgatory Ski Resort.
Significant highway frontage provides excellent visibility and year‑round accessibility.
Potential for a variety of developments including a boutique hotel, condos, retail, restaurant, and more.
La Plata County land use code allows for 3‑4 stories in height.
Served by Purgatory Metro District for water and sewer, and La Plata Electric service on‑site.
No covenants, offering development flexibility.

Overview

This 2.9-acre mixed-use redevelopment site is located in the heart of Purgatory Ski Resort, north of historic downtown Durango, Colorado. The property features mountain views and highway frontage, providing visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, the site is suitable for a boutique hotel, condos, townhomes, apartments, retail spaces, a restaurant and bar, a grocery market, or a coffee shop. La Plata County land use code allows for 3-4 stories in height, depending on the architectural design and proposed use. The property is served by Purgatory Metro District for water and sewer, with La Plata Electric service available on-site. The existing real estate is offered "As Is" with no covenants. A new subdivision of 100 homes at Purgatory Resort was recently approved by the La Plata County Commissioners. Grayrock is located just north of this parcel. This property presents an opportunity to develop a resort property in a premier ski destination.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Durango
County: La Plata
State: Colorado
Longitude: -107.81
Latitude: 37.6305

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For sale
Commercial land
CO
Durango
81301
49617 Highway 550

What type of property is this?

Commercial land - 2.9-acre mixed-use redevelopment site in Purgatory Ski Resort.

Where is this commercial land located?

The property is located at 49617 Highway 550 Durango, CO.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Prime 2.9‑acre mixed‑use redevelopment site in Purgatory Ski Resort.; Significant highway frontage provides excellent visibility and year‑round accessibility.; Potential for a variety of developments including a boutique hotel, condos, retail, restaurant, and more.