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!
Property Details
- View
- Mountains,River,Valley
- Acres
- 0.28
- Property Type
- Purchase
- Property Subtype Additional
- Multi Family
- Subdivision
- Other
- Elementary School
- Ouray K-6
- Middle School
- Ouray 7-8
- High School
- Ouray Senior 9-12
- County
- OURAY
- Region
- Ouray
- Original List Price
- $400,000
- Days on Market (Cumulative)
- 546
- HOA
- 1
- HOA Fees
- 450.0
- MLS #
- 838179
- Property Subtype
- MultiFamily
- Fence
- 1
- Parcel Number
- 451725109003
- MLS #
- 838179
- Date Listed
- August 17, 2026
- Address
- 1512 Oak Street
Location
Legal
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Provided By
Listed by Doug Phillips (#44)
Listing Office: Norris-Phillips Real Estate, LLC (#4216)
