three homes • one property — income & multi-generational opportunity minutes from downtown durango projected to rent for $94,200 in income. three separate, fully functional homes on one 4-acre micro farm/ranch, priced at what comparable single homes command in the durango area. with 3,300 sf combined, 5 bedrooms, 4 bathrooms, and proven short-term rental income already in place: • live in one, rent two — offset or eliminate your mortgage with two income streams • multi-generational compound — main home, in-law suite, and guest cabin keep family close while everyone keeps their independence • pure investment play — three turnkey rental units projected to rent for $94,200 • hybrid use — owner-occupied + mother-in-law quarters + short-term rental bringing in $27,000 in airbnb revenue. each home sits on its own yard space with separately metered 200-amp buried electric service, giving every residence true independence. all kitchen appliances and washer/dryers convey. income already producing: the caboose cabin has generated approximately $27,000 in annual airbnb revenue for several years with consistent bookings. owners will sell it fully furnished at additional cost — keep summer reservations live and cash flowing from day one. the setting & water: stunning la plata mountain range views, dozens of mature trees including fruit trees, and established landscaping on a level, usable parcel near the airport, hospital, and downtown durango. a domestic well allows for horses, and the property includes 1.5 class a shares in the florida consolidated ditch company and 2.9 acre-feet of water in the florida water conservancy district for irrigation — a significant and increasingly rare asset in southwest colorado. a well-insulated workshop with dedicated 220-volt service, multiple storage sheds, and a started greenhouse foundation round out the property. home #1 — the farmhouse (1,850 sf • 2br + study • 2ba) charmingly restored victorian originally built in 1898 — the natural choice for owner-occupancy or a premium long-term rental with projected rent $3300/month ($39,600/year). updated kitchen and baths, new roof (2026), new windows (2025), new exterior paint (2024) with hand-painted victorian trim restoration. western views and sunsets from the front porch and master bedroom picture window; sitting room off the kitchen has a massive east-facing window overlooking the deck — ideal for bird-watching and visits from local deer. fenced backyard ready for your dogs. home #2 — the kit custom home (965 sf • 2br • 1ba) built in 2020 — essentially new construction. vaulted ceilings, roomy kitchen, warm south-facing light, metal roof, and concrete siding for low maintenance. custom shutters (2022) and a platform lift to the front porch included. ideal as an in-law suite, adult-child residence, or long-term rental — modern construction and ada accessibility features broaden the tenant pool considerably with projected rent at $2300/month ($27,600/year). home #3 — the caboose cabin (475 sf • 1br + loft • 1ba) — active income producer. rustic, cozy, and has generated ~$27k/year on airbnb. vaulted wood-finished interior, east-facing porch with flagstone patio, fenced backyard, and landscaped garden made for morning-coffee sunrises. available furnished at additional cost so bookings continue uninterrupted into the busy summer season. the bottom line: at $870,000, you′re acquiring three fully independent residences for roughly $271 per square foot of finished living space — before factoring in the 4 acres, water rights, workshop, and existing rental income. whether you′re building a family compound, a short-term rental portfolio, or a mortgage-offsetting owner-occupied situation, this property delivers optionality that′s nearly impossible to find in the durango market. bring your vision — the infrastructure is already here.
