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Duplex Development Lot with Plans
For Sale
$375,000

485 Kismet St, Ridgway, CO 81432

0.35-acre duplex lot with seller-prepared, permit-ready plan set and site work underway in River Park.

Property SizeContact for details
Lot Size0.35 Acres
Days on Market134

Property Features for 485 Kismet St

General Information

Standard status Active
Lot size 0.35 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $4,776
Listing Agency: M4 Ranch Group, LLC
Listed By: Chase Girard · License #FA100083177
Source: Exprealty
Added: Apr 21 Changed: Aug 31 Last Checked: Aug 31 at 12:21AM

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 M4 Ranch Group, LLC

Investment Insights

Based on property information with market context.

This 0.35-acre duplex development lot offers multiple potential building configurations, including duplex, ADU, or single-family (buyer to verify with the Town of Ridgway, Ouray County, and HOA). The seller has already begun site work and developed preliminary floor plan concepts, including one with an ADU and one without, to help streamline early planning.

A full, permit-ready duplex plan set has been completed for the property, including geotechnical, structural, and mechanical engineering, along with HOA DRB approval. An additional concept has also been explored for a single-family home with and without an ADU. The lot backs to open space, and the setting includes sweeping views of the San Juan Mountains, including Mt. Sneffels and Abrams Mountain, with views down the Ouray Valley.

Utilities progress is already underway, with $5,160 paid toward the water tap and $6,020 prepaid toward the sewer tap; remaining balances and configurations are subject to verification with the Town of Ridgway based on the buyer’s building plan.

Key Highlights

  • 0.35‑acre River Park duplex lot with sweeping views of the San Juan Mountains, including Mt. Sneffels and Abrams Mountain.
  • Seller has completed a full, permit‑ready duplex plan set, including geotechnical, structural, and mechanical engineering, plus HOA DRB approval.
  • Site work is already underway, and the seller has developed two preliminary floor plan concepts (with and without an ADU) for the lot.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 81432, CO

3,061
Population
2,058
Households
1.5
Avg Household Size
54
Median Age
56%
College-Educated
99%
High-School Grad
300.4 sq mi
ZIP Area
10
Density / Sq Mi
$87,547
Median Household Income
$46,643
Median Earnings
$1,469
Median Rent
$771,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.35-acre duplex lot with seller-prepared, permit-ready plan set and site work underway in River Park.
Where is this residential land & home lot located?
The property is located at 485 Kismet St Ridgway, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 0.35‑acre River Park duplex lot with sweeping views of the San Juan Mountains, including Mt. Sneffels and Abrams Mountain.; Seller has completed a full, permit‑ready duplex plan set, including geotechnical, structural, and mechanical engineering, plus HOA DRB approval.; Site work is already underway, and the seller has developed two preliminary floor plan concepts (with and without an ADU) for the lot.
More about this property
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