TBD Governor’s Basin, Ouray, CO 81427 (MLS# 40826)


$258,825
TBD Governor's Basin
Ouray, CO 81427
MLS# 40826
Status: Closed



Mining Claims
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Mining Claims DSC_0405 (1) DSC_0406 (1) DSC_0409 (1) DSC_0414 (1) DSC_0415 (1) DSC_0425 (1) Governors Basin Sign IMG_1645 IMG_1649 IMG_1652 IMG_1655 IMG_1656 IMG_1657 IMG_1662

Property Description
Fully enjoy 260 acres of high-alpine splendor. These mining claims, with seasonal access, are adjacent to and overlap some of the Ouray Silver mine's claims. As such, there is a possibility of future mining revenue in addition to hunting and enjoying the high mountain surroundings. Well priced at less than $1000/ acre, these claims could be a good store of value in an inflationary environment. Approximately 140 acres are 100% owned by the seller, the additional acreage is 1/16 owned, but the Buyer enjoys full access. The historic boarding house near the top of Governor's Basin provides a relatively level spot for an RV or future endeavors.

Details
Listing & Location Info
List Price Per/Acre: 923.08
Keywords Info
Sanitation: Unknown
Access Road: Seasonal
Deed Restrict: None
Density: To Be Determined
General Info
Land SqFt: 1045440
Major Area: 70
Nbr of Acres: 260
Irrigation Y/N: No
Zoning: Residential
Legal: Lengthy. Look up on Assessors at: N004346 and N004347
Directions: Yankee Boy out of Ouray to Governor's Basin. At the medal sign in the split in the road go left approx 3 miles to the top of the basin.
View 1: Mountain
View 2: Wildflowers
Subdivision: None
Financing Info
Taxes: 2000
Tax Year: 2021
HOA Mangment Company/Info: N/A
RETT: None
Assessor's Acct #: 456720200012
Utility Info
Phone Lines: None
Cable TV: Not In Area
Disclosures
None: 1
Special Location
Very Rural: 1
Access
County: 1
Gravel: 1
Seasonal: 1
Animals
Horses Permitted: 1
Livestock Permitted: 1
Documents on File
Equipment List: 1
Legal Description: 1
Listing Location Info
Current Price: $258,825
Sub-Type: 70+ Acres (Not Sub Dividable)
Area: Ouray - 74 (Major Area 70)
Asking Price: 240000
Street #: TBD
Street Name: Governor's Basin
City/Town: Ouray
County: Ouray County
State/Province: CO
Postal Code: 81427
Status Change Info
Status: Closed
Under Contract Date: 2022-12-29
Sold Date: 2023-03-13
Sold Price: $258,825
Property Features
Disclosures: None
Special Location: Very Rural
Access: County; Gravel; Seasonal
Animals: Horses Permitted; Livestock Permitted
Documents on File: Equipment List; Legal Description
Supplements
Seller to retain 10% Net Smelter Return or "NSR" meaning a royalty payment based on the value of gross metal production from the property, less deduction of certain limited costs including smelting and refining, as defined by contract.

IDX
Listing Office: Redmond Realty, LLC
Listing Agent: Cathy L Redmond

Last Updated: January - 24 - 2026

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