115 7th Avenue Avenue, Ouray, CO 81427 (MLS# 44140)


$2,400,000
115 7th Avenue Avenue
Ouray, CO 81427
MLS# 44140
7 beds


MIssion Rock in downtown Ouray
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MIssion Rock in downtown Ouray Upper Dining Table to View Deer on 7th Avenue Mission Rock gate Upper Interior Cottage Bedroom Mission Rock unit numbers Mission Rock exterior Primary Bedroom upstiars Mission Rock Ouray PRINT QUALITY Street Level Desk and Living Room Street Level guest bedroom 2 Street Level guest bedroom Street Level kitchen Street Level living room Street Level Primary Bedroom Summer Exterior - Upper doorway entry Upper guest bedroom - Upper kitchen to living Upper living room toward deck Upper living room Upper loft to living room Upper primary bathroom Flags and Waterfall Switzerland of America Hot Springs

Property Description
One of the largest properties for sale today in beautiful downtown Ouray. Mission Rock is a renovated historic home with 6 bedrooms, 4 full baths and 2 kitchens plus a stand-alone 1 bedroom + loft guest Cottage on a large, gated corner lot in downtown Ouray on 7th Avenue. Approximately 3500 livable square feet on two floors in the home plus about 800 square feet in the Cottage. The House and the Cottage retain their unique original stone walls but have been updated to move-in ready and furnished condition today. Desirable zoning allows flexible use options including short-term rentals. Actual short-term rental revenue in 2025 was ~$118,000. Immediate cash flow with proven rental income, strong appreciation potential in downtown Ouray, and multiple exit strategies for investors.

Details
Listing & Location Info
Major Area: 70
Lot #: 13-16
Keywords Info
Flex Room: None
Age: 13 - 20 Yrs
Deed Restrict: None
Bedrooms: 7
Full Baths: 5
General Info
Land SqFt: 8200
Nbr of Acres: 0.19
Irrigation Y/N: Yes
Zoning: Residential/Commercial
Legal: West 82' of Lots 13, 14, 15 & 16, Block 6, Section 31, Township 44N, Range 7W, N.M.P.M., City of Ouray, Colorado.
Est Finished SqFt: 4285
Source SqFt: Assessor
Est Unfinished SqFt: 225
Year Remodeled: 2025
Directions: 38 miles from the Montrose (MTJ) airport. From Main Street in Ouray, turn right downhill on 7th Avenue toward the river. Property is diagonally downhill across 7th Avenue from the historic Western Hotel and Saloon.
Subdivision: None
Year Built: 1900
Financing Info
Taxes: 7285
Tax Year: 2024
HOA Mangment Company/Info: Vacation Rental Collective
HOA Dues: 0
RETT: None
Assessor's Acct #: R005603 / R005604 / R005605
Utility Info
Phone Lines: Regular Phone
Primary Heat: Combination
Disclosures
Covenants: 1
Construction
Frame: 1
Substructure
Slab: 1
Furnished
Full: 1
Water
Public: 1
Roof
Metal: 1
Style
Victorian: 1
Sanitation
Sewer: 1
Special Location
Near Park: 1
Rural: 1
Gas
Natural: 1
Heat
Gas: 1
Radiant in Floor: 1
Access
City: 1
Paved: 1
Fireplace
3: 1
Listing Location Info
Current Price: $2,400,000
Sub-Type: Within Township/City Limits
Area: Ouray - 74 (Major Area 70)
Asking Price: 2400000
Street #: 115
Street Name: 7th Avenue
Street Suffix: Avenue
City/Town: Ouray
County: Ouray County
State/Province: CO
Postal Code: 81427
Status Change Info
Status: Active
Property Features
Disclosures: Covenants
Furnished: Full
Style: Victorian
Construction: Frame
Substructure: Slab
Heat: Gas; Radiant in Floor
Fireplace: 3
Water: Public
Gas: Natural
Roof: Metal
Access: Paved
Special Location: Near Park; Rural

IDX
Listing Office: LIV Sotheby's International Realty - Transfer Telluride
Listing Agent: Jason K. Raible

Last Updated: December - 29 - 2025

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