6815 County Road 203, Durango, CO 81301

Charming 1940s artist's dream home on 0.55 Acres with vacation rental income potential & stunning location! No HOA! Nestled on a serene lot in Durango's beautiful Animas Valley with water rights from the adjacent irrigation ditch, this 2,005 sq. ft. 3 bedroom main home (plus a 380 sq. ft. ADU) offers a unique blend of historic character and modern conveniences. Currently the home is configured with 2 bedrooms in the main portion with a 3rd bedroom in an attached separate studio, and a detached ADU hosting the 4th bedroom, creating a property perfect for multi-generational living, flexible living space, and generating rental income. The main home features a bright and inviting living space, enhanced by south-facing passive solar windows that fill the interior with natural light. The Saltillo tile flooring adds warmth and character, complemented by partial carpeting in select areas. The kitchen is comfortably appointed with granite countertops, a breakfast bar, a gas range, and a fridge (both updated in 2013). The natural gas fireplace efficiently heats the main living areas, while radiant baseboard heating can provide additional comfort. The primary suite includes a 3/4 bath, a walk-in closet, and an additional closet for ample storage. A second bedroom, which is non-conforming without a closet, offers flexibility for guests, an office, or additional living space. The laundry room conveniently doubles as a 3/4 bath, adding functionality to the home. This property also includes two income-generating units. The back cottage (ADU), currently rented for $1,550 per month (all-inclusive), features one bedroom, a 3/4 bath, a fridge, and an oven, with propane provided through Amerigas. The west side studio, rented for $1,000 per month (all-inclusive), is a charming space with Saltillo tile throughout, a closet, and a kitchenette equipped with a mini fridge, a full-size fridge, and an electric cooktop. The studio also boasts private patio access and a full bath with a beautiful clawfoot tub, adding to its unique appeal. The outdoor space is equally impressive, offering expansive patio areas, a dedicated dog run, and a storage shed for added convenience. The lush landscaping includes a thriving garden with raised beds, wildflowers, and a variety of fruit trees, including cherry, apple, and three apricot trees. Mature vegetation such as aspens, lilacs, iris, daylilies, forsythia, strawberries, and roses creates a picturesque setting, while one of the oldest ponderosa pines in the region adds a touch of history. Practical additions include a carport at the main house, additional barn coverage with a carport, barn storage, and a pump with water rights. The home’s durable metal roof and stucco exterior ensure longevity and low maintenance. This one-of-a-kind property offers a perfect mix of historic charm, modern comfort, and investment potential. Whether you’re looking for a versatile family home or an income-producing property, this gem has it all, just 20 minutes to Purgatory Ski Resort and just minutes to Durango Hot Springs and PJ's local gourmet market. The home has been pre-inspected and please ask the broker for additional details and items already in progress.