540 Redcliff Circle E 203, Ridgway, CO 81432
Ridgway Village West · Ouray County
Key Facts
Description
Welcome back to opportunity in Ridgway—where entry into this highly sought-after mountain town is once again within reach. This top-floor 3-bedroom, 2-bath condo offers the ideal blend of lifestyle, location, and investment potential, making it a standout choice for both primary residents and savvy buyers seeking a proven income property. Positioned on the south-facing top floor, this light-filled condo captures expansive sunshine and views, while vaulted ceilings elevate the sense of space in the main living area. Thoughtful upgrades include Hunter Douglas top-down/bottom-up blinds throughout, allowing for privacy without sacrificing natural light, and durable white oak laminate flooring designed to withstand everyday mountain living. The functional floor plan features generously sized bedrooms, each with ample closet space to keep belongings organized and out of sight. A private deck invites you to take in the surrounding beauty, while additional perks—like a secure, locking storage closet ideal for bikes, gear, and seasonal items—enhance everyday convenience. Location is everything, and this condo delivers. Enjoy easy walkability or a quick bike ride to Ridgway’s vibrant amenities, including local restaurants, coffee shops, the library, scenic bike and hiking trails, the river walk, and beloved community events like summer concerts and art walks. Practical features include one assigned covered parking space plus an additional designated parking spot. The HOA dues provide comprehensive coverage, simplifying ownership with a “lock-and-leave” lifestyle. For investors, this property has a strong track record as a successful long-term rental over the past six years—offering immediate income potential in a market with consistent demand. Whether you’re looking to establish a foothold in Ridgway real estate, secure a mountain getaway, or expand your investment portfolio, this condo represents a rare and compelling opportunity.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Other
Year Built
2010
Stories
2
Living Area
1,027 sq ft
Lot Size
2.00 acres
Zoning
Residential Single Family
MLS® Listing#
835098
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Lot Features
Windows
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ridgway K-5
- Middle:
- Ridgway 6-8
- High:
- Ridgway 9-12
Financial Details
HOA
Yes
Ridgway Village West
Annual Taxes
$1,902
Tax year 2025
Parcel Number
430516105039
Directions
At stoplight in Ridgway drive east. First Left turn- Redcliff Circle. Condos will be on the left. Building E (540 Redcliff Circle) will be on the left part way into the driveway. Condo is on the second floor.
Affordability Calculator
$96,400
Estimated monthly payment
$2,565/mo
Principal $385,600 · Est. interest $537,946 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ridgway, CO
- $1,000,000
- Median Listing Price
- 82
- Median Days on Market
- 2,270
- Median Sq Ft
- $508
- Median Price / Sq Ft
- 77
- Active Listings
- This home’s price is 52% below the area median.
- Its price per sq ft is 8% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ridgway, CO.
Location
Getting Around
Points of Interest in Ridgway, CO
Showing the Ridgway area map.
Nearby Schools
Ridgway High School
Secondary · 0.7 mi away
Ridgway School District R-2
School · 0.7 mi away
Ridgway School District R-2
School · 0.8 mi away
Ridgway Elementary School
Elementary · 0.8 mi away
Ouray Public Schools
Secondary · 10.0 mi away
Telluride School District
Elementary · 15.2 mi away
Telluride Academy
School · 15.2 mi away
Telluride High School
Secondary · 15.2 mi away
Telluride Intermediate School
Elementary · 15.3 mi away
Mountain Sprouts Preschool
School · 15.3 mi away
Telluride Elementary School
Elementary · 15.3 mi away
Telluride Mountain School
School · 16.0 mi away
Cottonwood Elementary School
Elementary · 20.8 mi away
Vista Charter School
Secondary · 22.4 mi away
Pope John Paul II Academy
School · 22.6 mi away
Colorado West Christian School
School · 22.7 mi away
Columbine Middle School
Secondary · 22.7 mi away
Schools-Public Vocational Programs
School · 22.8 mi away
Outer Range
School · 22.8 mi away
Montrose County School District Re-1j
School · 22.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 205 Jasper Lane 203, Ridgway, CO | $399,000 | 2 | 2 | 885 |
| 550 Redcliffe Circle D204, Ridgway, CO | $410,000 | 2 | 2 | 842 |
| 550 Redcliff Circle D202, Ridgway, CO | $475,000 | 3 | 2 | 1,033 |
| 520 Redcliff Circle G-203, Ridgway, CO | $483,000 | 3 | 2 | 1,043 |
| 51 Red Fox Lane #B, Ridgway, CO | $579,000 | 2 | 2 | 1,177 |
| 156 Alpine Loop 201, Ridgway, CO | $595,000 | 2 | 2 | 1,094 |
Moving Cost Estimate
EXIT Agents in Ridgway
Listing Courtesy: Tree Realty, LLC
FULL CREN Disclaimer
Real Estate listings held by companies other than Tree Realty, LLC contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.