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Ridgway 81432
520 Marion Overlook
$1,735,000
● House - For Sale

520 Marion Overlook

Ridgway, CO 81432
bedrooms
6 Beds
bathrooms
2 Baths
square feet
3,745 Ft²
$9,036
Est. Monthly
$42
HOA / Fees
2.13%
Cap Rate

About This Property

This custom-built home in Ridgway, Colorado offers expansive mountain views, thoughtful design, and a flexible layout ideal for both personal use and income potential. Located within walking distance to downtown Ridgway's restaurants, shops, and parks, the home is perfectly positioned between Ouray and Telluride, making it a year-round base for mountain adventure. Inside, you'll find vaulted ceilings, passive solar design, and natural materials that bring warmth and comfort. Oversized windows and a large deck frame views of the Sneffels Range, while the open-concept living area connects seamlessly to a chef-style kitchen with a full wall of built-in refrigeration, quartz countertops, and modern finishes. A spacious mudroom with five built-in lockers adds functional beauty for outdoor lovers or large families. The primary suite features a luxurious soaking tub and mountain views, while a second en suite bedroom upstairs can serve as an additional primary suite or guest retreat. Downstairs, a bonus living room and game room offers flexible space for entertaining, relaxing, or hosting. What sets this home apart is the lower-level studio apartment with a private entrance, full kitchen, and two beds. It is already earning 5-star reviews on Airbnb and is perfect for hosting guests, generating income, or offsetting your mortgage. It's a turnkey setup for short-term rental success. The home stays cozy in the winter with passive heat and remains naturally cool in the summer thanks to thoughtful architectural design. With a large two-car garage, ample storage, and a track record of guest satisfaction, this home is both a stunning retreat and a smart investment.
Unit Size
3,745 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$463
Property Type
House
Property Taxes
$474
HOA Dues
$42
Year Built
2019

Listed By

Carrie Hill
Rocky Mountain Real Estate Inc

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Last updated: 11 months ago (REcolorado MLS #8438173)

Price History

Date / Event Date Event Price
Jul 29, 2025 Listed by Rocky Mountain Real Estate Inc $1,735,000
Listed by Rocky Mountain Real Estate Inc
Dec 14, 2018 No longer available -
No longer available
Dec 11, 2018 Sold
Sold
Dec 13, 2017 Sold
Sold

Property Highlights

Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Heated Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s), Kitchen Island, Cathedral/Vaulted Ceilings, Jack & Jill Bathroom
Appliances: Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Washer, Microwave, Freezer, Disposal
Laundry Features: In Basement
Basement: Full, Partially Finished, Crawl Space, Walk-Out Access, Daylight
Exterior Details
Square Footage: 3745
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern
Year Built: 2020
Building Area Total: 3395
Levels: Three Or More
Window Features: Window Coverings, Triple Pane Windows
Construction Materials: Metal Siding, Stucco, Wood Siding, Concrete
Patio and Porch Features: Patio, Deck
Lot Features: Abuts Public Open Space
Lot Size Area: 10156
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10156
Water Source: City Water
Financial Details
Tax Annual Amount: $5,691
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Forced Air
Sewer : Public Sewer, City Sewer
Location Details
HOA Fee: $500
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,156
  • Total Building Area: 2,745
  • Gross Building Area: 5,003
  • Building Area: 2,745
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 2,745
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER PARK RIDGWAY BUSINESS PARK
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SUBD: RIVER PARK RIDGWAY BUSINESS PARK FILING 1 LOT: 223 S: 9 T: 45 R: 8

Neighborhood

  • School District Name: Ridgway School District R-2
  • Census Tract: 967602

Geography

  • Account Number: R005267
  • District: 1564
  • Parcel: 430516223043
  • Lot: 223
  • Meridian: SEC 09 TWN 45 RNG 08
  • Municipality: RIDGEWAY R-2
  • Latitude: 38.1621
  • Longitude: -107.758

    Address

  • Full Address: 520 Marion Overlook
  • Address - House Number: 520
  • Address - Street Name: Marion Overlook
  • State: CO
  • City Name: Ridgway
  • Carrier Code: R002
  • 4-Digit Zip Code: 7402
  • Zip Code: 81432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,572
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 1,464,027
  • High Value: 2,133,387
  • Low Value: 794,666

    Market Valuation

  • Market Total Value: $1,372,550
  • Market Land Value: $187,950
  • Market Improvement Value: $1,184,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,850
  • Assessed Land Value: $12,710
  • Assessed Improvements Value: $80,140

    Sales

  • Current Sale Contract Date: Dec 11, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 222186
  • Previous Sale Recording Date: Dec 13, 2017
  • Previous Sale Contract Date: Dec 13, 2017
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ridgway


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Frequently Asked Questions

When was property at 520 Marion Overlook built and last sold?
The property at 520 Marion Overlook was built in 2019 and last sold on Dec 11, 2018 for $133,000.
How much is this home worth?
The estimated value of the home located at 520 Marion Overlook is $1,752,350.
What are some comparable homes to 520 Marion Overlook?
There are currently no comparable homes to 520 Marion Overlook.