Price Reduction - Views
Address
3543 Million Dollar Highway, Ouray, CO
Price
$ 2,599,000
Property Attributes
  • MLS#44486
  • TypeSingle Family
  • Listing Status Active
  • CountyOURAY
  • CityOuray
  • AreaOther Ridgway-Ouray - 79
  • NeighborhoodOuray County
  • Zip81427
  • Style35 Acres and Below
  • Year Built2009
  • Taxes$ 4988
  • Price$ 2,599,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4593
  • Lot Size25.97 Acres
Data Source:
Telluride MLS (TRIDEMLS)
Property Description

Set in the heart of the San Juan Mountains' historic Red Mountain Mining District, this irreplaceable alpine estate spans 25.973 acres between Ouray and Silverton, surrounded by the beauty of Uncompahgre National Forest. Constructed under prior Ouray County regulations, the nearly 4,600-square-foot custom residence could not be replicated under current building codes, creating a rare opportunity to steward one of Colorado's most extraordinary mountain properties. Designed in the spirit of a historic mining lodge, the home rests at approximately 10,000 feet with dramatic views of Red Mountains 1, 2 and 3 to the east and south, and Hayden Mountain to the west. Warm native aspen tongue-and-groove interiors, soaring ceilings, dual fireplaces, expansive gathering areas, and covered decks create a refined yet authentic mountain retreat for quiet escape, entertaining, multi-generational living or potential hospitality use. Currently configured with 5 bedrooms, a dedicated office (where the current owners run their full-time online business), craft room, fitness area, storage room, loft, custom billiards room, and 6 bathrooms, the flexible layout offers the potential for up to 9 bedrooms. The chef's kitchen opens to a dramatic great room, while two living areas and two dining spaces provide an effortless flow for hosting family and guests. The main-floor primary suite offers a private fireplace, jetted tub, travertine shower, dual granite vanities, and peaceful alpine views. Throughout the home, thoughtful craftsmanship and generous spaces create an atmosphere that is both comfortable and impressive. A defining feature of the property is its rare off-grid resilience. Galena Lion Creek flows from the historic Mountain King Mine directly through the property, powering an integrated hydroelectric system that provides continuous renewable energy and feeds a private pond. The hydro system is complemented by solar photovoltaic power, battery backup, and a propane generator, creating reliable self-sufficient mountain living. Beneath exceptional Bortle Scale 2 dark skies, a custom-built observatory and equipment setup provide a remarkable setting for astrophotography and astronomical observation. Additional historic and recreational features include three deeded mining claims, Emma, Joker, and Joker #2, the historic Joker Boardinghouse structure, a private bridge over Red Mountain Creek, and a gold panning sluice. From the property, enjoy direct access to the surrounding alpine wilderness with opportunities for hiking, photography, dark-sky observation, backcountry skiing, cross-country skiing, four-wheel-drive exploring, climbing, rockhounding, hunting, wildlife viewing, snowshoeing, and exploring the railroad and mining history of the Red Mountain District. With year-round road access and maintenance, this legacy property offers privacy, history, self-sufficiency, and alpine luxury just 20 minutes from Ouray and approximately one hour from Montrose Regional Airport.

Price History
5/19/2026 Listed $2,699,000
9/2/2026 4$2,599,000

General Features

Sewer Septic Tank
Heating Radiant Floor
Year Built 2009
Property Subtype 35 Acres and Below
Tax Year 2025
Parcel Number 477701400001
County Ouray County
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Ouray County
Garage Y/N No
Other Structures Shed(s)
Full Baths 6
Status Active
Directions Located just south of the Ironton Townsite the house is on the west side of the road. When you see the Joker Boarding House and the American Girl Mine you will see my sign/driveway.
City Ouray
MLS Area Other Ridgway/Ouray - 79 (Major Area 70)
Lot Size Square Feet 1131253.2
Carport Y/N No
Tax Annual Amount 4988.0
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Other Ridgway/Ouray - 79 (Major Area 70)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://u.listvt.com/mls/241693006
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Water Body Access Y/N None

Interior Features

Basement (Y/N) No
Heating Y/N Yes
Window Features Window Coverings
Total Bedrooms 9
Total Baths 6

Exterior Features

Parking Features Garage Door Opener
Water Source Other
Lot Size Area 25.97
Spa No
Lot Size Acres 25.97
Other Equipment Fuel Tank(s)
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81427

Price
AVG $1.07M
$2.6M
Taxes
AVG $4,014
$4,988
Year Built
AVG 1954
2009
Visits
AVG 34
16
Data Provided by Inside Real Estate®