Ridgway, CO 81432
MLS# 44949

Property Description
PREMIER DEVELOPMENT OPPORTUNITY IN RIDGWAY - NOW $1,400,000! A significant $500,000 price reduction makes this exceptional 4.468-acre property an exciting opportunity for investors and developers in the highly desirable Ridgway market. Currently zoned Historic Business, the property offers potential for a thoughtfully designed multifamily or mixed-use development, subject to Town of Ridgway review and approval. Formerly planned as the Alpenglow Cohousing community, the site has benefited from preliminary planning efforts, with valuable data and materials from the previous development process available during due diligence. The former development group ultimately elected not to proceed due to project feasibility considerations, creating a fresh opportunity for a new vision.
Last Updated: October - 12 - 2026
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