176 Spring Road

Durango, CO 81303
List Price
$950,000
176 Spring Road
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Liz Huxley
Liz Huxley
Savvy STR Agent

About This Property

Set on 6.2 private wooded acres with expansive La Plata Mountain views, this 3-bedroom, 2.5-bath home has the potential to become a unique destination-style STR while still being close to Durango and approximately five minutes from Lake Nighthorse. The home already offers multiple decks and patios, a fire-pit area, two wood-burning fireplaces and numerous indoor and outdoor gathering spaces. The large property and mountain setting also create an opportunity to further develop the outdoor guest experience with a hot tub and additional amenities. The multilevel floor plan offers additional STR potential beyond the three existing bedrooms. The lower level has its own terrace access, a full bathroom, built-in bar, sunroom and separate lounge area, creating flexibility for larger groups and potential additional sleeping space. Central A/C and a whole-house generator are additional practical benefits for a vacation rental. The property is currently offered at $950,000 following a $25,000 price reduction. The listing indicates short-term rentals are allowed, but STR eligibility should be independently verified before purchase.

Family-friendly
Adventure
Mountain
Acerage
No Hoa
Near Lake
Value Add Outdoor Space
Mountain View
Fireplace
Fire Pit
Bar
Outdoor Living Spaces

Property Details

3
Bedrooms
3
Bathrooms
2,560
Square Feet
1979
Year Built
6.20 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI (optimized)
Avg Daily Rate
Avg Occupancy

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Savvy Recommended Upgrades

Install Hot Tub

Est. $13,000

Your Agent

Liz Huxley

Liz Huxley

STR Investment Specialist

Durango, CO

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Listing agent: Lauren Ammerman. Listing courtesy of Wells Group Real Estate. Information deemed reliable but not guaranteed.

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