Homes Under $400K Price For Sale in Ouray, CO

Prime investment opportunity in the stunning town of Ouray! Potential to build up to a (3) unit dwelling, or your dream single family vacation home. Low HOA fee’s, no building restrictions or requirements, no community rules, or any approvals from the association to build whatever you’d like. Only (5) homeowners in this small community. The Uncompahgre river and huge mountain views are stunning from the front of this property. Nothing can be built to block these views. Public river access is only about 30 steps away. Ideally located next the Uncompahgre River Walk trail system, you'll enjoy breathtaking views of the Ouray valley floor and convenient access to town. The West Gold Hill Dinosaur Trackway is located just above, and public land adjoins this property. All utilities are at the curb line. Don’t miss this chance to create a fantastic investment or living space—be sure to review the covenants for details!

Welcome to one of the largest and most comfortable homes in Swiss Village—Ouray’s resident-owned, affordable neighborhood nestled between the Uncompahgre River and the dramatic cliffs of the San Juans. This well-maintained 2006 double-wide offers 1,592 square feet of practical mountain living with 3 bedrooms and 2 bathrooms, ideal for full-time residents looking for space, value, and a true sense of community. Step inside to an open, family-friendly floor plan featuring a spacious living room, dining nook, and large kitchen. The primary suite includes a generous walk-in closet and private bath. Dual heating sources—a wood-burning stove and gas forced-air furnace—keep the home cozy through Ouray winters. All kitchen appliances plus the washer and dryer convey. Outside you’ll find a fenced yard (perfect for pets), a good-sized storage shed, and parking for two vehicles. The two-mile riverwalk and Uncompahgre River sit just across the street, with downtown Ouray only a short stroll or bike ride away. Monthly lot rent is $695 and includes water, sewer, and trash. Swiss Village is a resident-owned cooperative, so you own your home and share ownership of the land with your neighbors. This creates long-term stability and community control rarely found in traditional mobile home parks. Important deed restrictions apply: Buyers must income-qualify, occupy the home as their primary residence at least 8 months of the year, and the home is owner-occupied only (no short- or long-term rentals allowed). These guidelines help preserve Swiss Village as one of Ouray’s most attainable year-round housing options.

Builder-Ready Riverfront Homesite – Just 5 Minutes to Downtown Ouray! Imagine waking up to the soothing sounds of the Uncompahgre River flowing along your property line, with breathtaking views of the rugged San Juan Mountains right outside your future windows. This rare, turnkey-ready lot puts your dream Colorado mountain home within reach—without the usual years of headaches and high costs to get started. Everything is already in place: Well construction permit secured Soil and septic study completed High-and-dry homesite fully prepared and leveled Improvement survey available Electric service at the lot line For a serious buyer, this represents six to twelve months of work and tens of thousands of dollars in pre-construction expenses already completed and paid for. You can break ground far sooner than on a typical raw lot. The setting is pure magic. This beautiful 1+ acre parcel offers nearly 250 feet of private river frontage, framed by mature trees that provide privacy, shade, and timeless character. It’s perfectly positioned along County Road 17—just moments from U.S. Highway 550—making it incredibly convenient while feeling wonderfully secluded. Ridgway is only 12 minutes north, and Telluride is about an hour away. This is Colorado living at its best. Step out your door for world-class fly fishing right on the Uncompahgre, world-renowned hiking and mountain biking in the San Juans, scenic alpine drives, four-wheeling adventures, hunting, and soothing natural hot springs—all within minutes. Whether you’re seeking a year-round primary residence, a family mountain retreat, or an adventure basecamp, this property delivers effortless access to everything that makes this region legendary. Property Highlights: Approximately 1+ acre, residential zoning Annual property taxes approximately $990 Subject to standard rural covenants and easements (full details available) Complete documentation—including title commitment, recorded covenants, improvement survey, well permit, and septic study—will be provided to qualified buyers. If you’ve been searching for the perfect spot to build your mountain dream home with the hard work already done, this is it. Don’t miss your chance to own this peaceful riverfront sanctuary in one of Colorado’s most coveted mountain communities. Contact us today to schedule a private showing.

Ground Floor Condo in Krisken Chalet Condos – Ouray, Colorado. This beautifully maintained and completely furnished (with a few exceptions) 2-bedroom, 1-bath condo offers an exceptional opportunity for affordable mountain living in Ouray. Located on the ground floor with no stairs to climb, this 990 sq. ft. unit provides easy, single-level access and walks directly out to a gorgeous, expansive front common lawn area framed by towering pines and dramatic canyon walls. Inside, the home feels warm and inviting with Brazilian cherry laminate flooring. The thoughtful layout features two comfortable bedrooms, a living room, and a cozy kitchen. Outside, enjoy your own private patio in the back for relaxing or entertaining, plus the expansive shared lawn and BBQ/grilling area. The HOA professionally maintains all common areas, landscaping, and amenities across the beautifully landscaped 3+ acre property. Each unit includes a dedicated carport, additional outside parking, storage space, and plenty of guest parking. Perfectly situated at the north entrance to the City of Ouray, this “lock-and-leave” condo is just a 3-minute drive to the heart of town. It’s an ideal primary residence, vacation home, or income-producing rental property. Take full advantage of Ouray’s world-class hot springs pool, shops, restaurants, skiing, hiking, jeeping, and endless mountain adventures—all while enjoying low-maintenance living surrounded by stunning natural beauty. Welcome to comfortable, convenient Colorado mountain living at its most affordable!

Let us be the first to welcome you to Ouray, the “Outdoor Recreation Capitol of Colorado.” Centrally located in Southwest Colorado, Ouray is the perfect basecamp for your explorations, offering a treasure trove of unique experiences all year long. Ouray is a high alpine community sitting at 7,800 feet in elevation. Set in a geographic bowl formed by rugged and steep mountainsides that lead up to jagged 12,000 to 13,000-foot-high peaks with several creeks cascading down through valleys and canyons into the city. Guests to our community come from all over the world to experience Ouray in its entirety. Whether that be soaking in the Ouray Hot Springs, hiking our trails, learning about the history of the Ute Indians and a miner’s life, shopping on our unique Main Street, or seeing our 3 W’s: wildlife, wildflowers, and waterfalls. Now you can own your little piece of Heaven. Black Canyon Homes is excited to offer you 325 2nd Street, a prime lot available for building your dream home. This property features: .17 acres of Prime Real Estate Geotech and Boundary Surveys Completed Home Design Plans Utilities to the Property Line Absolutely Amazing Views

Nice lot in the City of Ouray. Plenty of room for your toys. All utilities at the lot line - natural gas, city water and sewer, high speed internet, phone, electric. Ready for your home plans. R2 zone allows multi family and short term rentals. Close to town yet a peaceful quiet distance away.

This raw land could accommodate up to a 3 unit townhouse project similar to the photo, subject to City regulations. Ready to build lot in the resort City of Ouray. All utilities at the lot line electric, phone, internet, gas, water and sewer. Sidewalk, curb and gutter installed. Property backs to National Forest with easy access to the Silver Shield trail. Unique views of old mining structures on the mountain side. Walk to town on the North Ouray Corridor trail loop along the Uncompahgre River. Zoning allows single family, multi-family, guest residence and other uses.

Ready to build lot in the resort City of Ouray. All utilities at the lot line. Sidewalks, curb and gutter in place. Property backs to National Forest with easy access to the Silver Shield trail. Unique views of old mining structures on the mountain side. Walk to town on the North Ouray Corridor trail loop along the Uncompahgre River. Zoning allows single family, multi-family, guest residence and other uses. Please see the concept included in the photos for a 3 unit townhome.