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525 2nd Street

Ouray, CO 81427
  • $2,950,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 794532
UPDATED: 70 min ago
$2,950,000
  • 15
    BEDS
  • 0.2
    ACRES
  • 14
    BATHS
  • 0
    1/2 BATHS
  • 7,275
    SQFT
  • $405
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1994
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Wild West Realty, Llc.


Description

The China Clipper Inn Bed and Breakfast offers luxurious lodging accommodations in the heart of beautiful Ouray, CO,otherwise known as the Switzerland of America. The China Clipper Inn was custom designed as an Inn featuring classicdetails, quality, comfort and privacy. Twelve rooms, and one new apartment on the lower level, are available to guests, eachproviding elegant and luxurious lodging accommodations. Built from scratch by Earl Yarbrough, a Navy Commander andavid maritime enthusiast, in the 1990's and opened in 1995, the China Clipper Inn, was designed to emulate it's Victorian,historic neighbors and retain the architectural vintage and character of the town. Most of the rooms are named after famousClipper ships. With fine mountain views from most rooms, the China Clipper Inn offers all the intimate amenities of an innand the conveniences and privacy of a fine hotel. The Inn was recently (March 2022) voted the Best BNB in the state ofColorado by Wall Street and has also been voted the Best BNB in Ouray County for 2022 and 2020 (no voting took place in2021). One of the things that makes it so special is it has something for every type of guest and each room is unique anddifferent. There are 7 different room types to choose from, some having fireplaces, whirlpool tubs, and there is even agarden area with a hot tub for general use. The Inn has 2 lovely common areas with fireplaces and a library, and a strikinglyelegant dining room, complete with a walk out glass patio for dining. The Inn has an excellent location being 1 block fromMain Street and walking distance to all Ouray's unique shops, restaurants, hiking trails, hot springs, Via Ferrata, Ice Park,and so much more. In the winter months, the China Clipper has been said to resemble a Hallmark movie with its romantic,magical architecture up against the snow. Ouray was voted the Outdoor Recreation Capital of Colorado so it is truly a yearround adventure for tourists. It is also close to skiing in Telluride and Durango, and has cross country skiing right in the area,along with snow shoeing and ice skating. The Inn is currently owner operated and is projecting a 10% cap rate for 2022 -all while allowing the owners to close the Inn approximately 4 months of the year for personal time and vacations. In addition, the current owners have shown a 25% growth in revenue since 2019. The Inn comes turnkey with few exclusions. The wonderful owners' quarters is approximately 900 square feet with 2 Bedrooms, 1 Bath, Living Room, Dining Room, and large kitchen. It has all been updated by the current owners, along with the new apartment which is now added to the room inventory. If you have always wanted to live, work, and play in one of Colorado's most beautiful towns, this is your chance. Currently operated as a BnB, but could also be a residence. Give us a call for more detail and don't let this opportunity pass you by!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-07-02T08:57:31.637.
www.dalynntrujillo.com/homes/129649313
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525 2nd Street Ouray, CO 81427

  • Price: $2,950,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 70 min ago
  • MLS #: 794532
15
Beds
14
Baths
0
½ Baths
0.2
Acres
7,275
SQFT
$405
$/SQFT
1994
Built
Neighborhood:
Other
County:
Ouray
Area:
Ouray City
Elementary School:
Ouray K-6
Middle School:
Ouray 7-8
High School:
Ouray 9-12
Property Description
The China Clipper Inn Bed and Breakfast offers luxurious lodging accommodations in the heart of beautiful Ouray, CO,otherwise known as the Switzerland of America. The China Clipper Inn was custom designed as an Inn featuring classicdetails, quality, comfort and privacy. Twelve rooms, and one new apartment on the lower level, are available to guests, eachproviding elegant and luxurious lodging accommodations. Built from scratch by Earl Yarbrough, a Navy Commander andavid maritime enthusiast, in the 1990's and opened in 1995, the China Clipper Inn, was designed to emulate it's Victorian,historic neighbors and retain the architectural vintage and character of the town. Most of the rooms are named after famousClipper ships. With fine mountain views from most rooms, the China Clipper Inn offers all the intimate amenities of an innand the conveniences and privacy of a fine hotel. The Inn was recently (March 2022) voted the Best BNB in the state ofColorado by Wall Street and has also been voted the Best BNB in Ouray County for 2022 and 2020 (no voting took place in2021). One of the things that makes it so special is it has something for every type of guest and each room is unique anddifferent. There are 7 different room types to choose from, some having fireplaces, whirlpool tubs, and there is even agarden area with a hot tub for general use. The Inn has 2 lovely common areas with fireplaces and a library, and a strikinglyelegant dining room, complete with a walk out glass patio for dining. The Inn has an excellent location being 1 block fromMain Street and walking distance to all Ouray's unique shops, restaurants, hiking trails, hot springs, Via Ferrata, Ice Park,and so much more. In the winter months, the China Clipper has been said to resemble a Hallmark movie with its romantic,magical architecture up against the snow. Ouray was voted the Outdoor Recreation Capital of Colorado so it is truly a yearround adventure for tourists. It is also close to skiing in Telluride and Durango, and has cross country skiing right in the area,along with snow shoeing and ice skating. The Inn is currently owner operated and is projecting a 10% cap rate for 2022 -all while allowing the owners to close the Inn approximately 4 months of the year for personal time and vacations. In addition, the current owners have shown a 25% growth in revenue since 2019. The Inn comes turnkey with few exclusions. The wonderful owners' quarters is approximately 900 square feet with 2 Bedrooms, 1 Bath, Living Room, Dining Room, and large kitchen. It has all been updated by the current owners, along with the new apartment which is now added to the room inventory. If you have always wanted to live, work, and play in one of Colorado's most beautiful towns, this is your chance. Currently operated as a BnB, but could also be a residence. Give us a call for more detail and don't let this opportunity pass you by!
Exterior Features

Acreage Range Less Than .25 Carport No Garage Yes Garage Type Attached Garage Property Attached No Property Description Wooded Lot Roof Architectural Shingles Sewer Source Public Sewer Stories Two Story Street Description City/Town Style Victorian Utilities ElectricInternetNatural Gas Views Mountains Water Source City Water Water Well No Waterfront YN No

Interior Features

Additional Living Quarters Yes Cooling Window A/C Unit(S) Dining Separate Dining Fireplace BedroomDen/Family RoomGas LogsLiving Room Flooring Carpet-PartialHardwoodLaminateVinyl Foundation Basement Basement-Finished Heating Fuel Source Natural Gas Heating System Boiler Interior Inclusions All Furnishings One Quarter Baths 0 Total Office Dens 0 Water Heater Gas Water Heater

Property Features

Current Use Commercial Green Certification No Hoa No New Construction YN No Possible Property Use CommercialMixed-UseResidential Real Estate Included Yes Reo Lender Owned No Special Assement No Tax Year 2021 Total Taxes 13729.58 Water Rights No Zoning Mixed-Use

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Dalynn Trujillo | Bluebird Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-07-02T08:57:31.637.
 
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Dalynn Trujillo | Bluebird Real Estate
211 Elk Avenue
Crested Butte CO, 81224
Listing courtesy of Wild West Realty, Llc.