11 days on rocket

555 Rivergate Ln Unit 3, Durango, CO, 81301

$620,000

Home List Price

$7,363*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,404 SqFt
$442/SqFt
Condo
Schools Nearby

Location

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555 Rivergate Ln Unit 3, Durango$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingHeated Garage, Underground
Year Built2005
HeatingForced Air
CoolingAir Conditioning, Central Air
WaterfrontRiver Front
ViewWater
MLS #5732430
StatusActive

About 555 Rivergate Ln Unit 3

Immerse yourself in the epitome of easy, luxurious condo living along the serene Animas River. Picture yourself residing all on one level, mere minutes south of dynamic downtown Durango. This modern 2-bedroom (second bedroom has been converted into an office & can easily be converted back to a bedroom), 2-bathroom condo is a haven of sophistication with its granite countertops, & an effortlessly flowing floor plan. The heart of this home is an open-concept living space, combining the kitchen, living, & dining areas into a harmonious gathering spot. Adorned with stainless steel appliances, nice cabinetry, & walls of windows & sliding doors, every corner invites natural light & offers breathtaking views of the Animas River from your own large deck. Featuring 2 dedicated parking spaces & a storage unit, convenience is a given here. Positioned ideally, the condo is just a bridge away from the charming Natures Oasis Grocers, adjacent to the Animas Surgical Hospital, & offers a peaceful walk along the river trail to Santa Rita Park & the heart of the town. Step outside to access a plethora of outdoor adventures right at your doorstep—from biking & hiking to fishing, rafting, & leisurely river walks, it’s all here waiting for you. With the HOA covering all utilities except for electricity, internet, & TV, your worries are few. This unique development not only captivates with the breathtaking views of the La Plata Mountains & the melodious sounds of the Animas River but also offers a laid-back lifestyle with no maintenance concerns. Revel in the convenience of the nearby Medical Center & take leisurely strolls on the pedestrian-friendly river walk. With Lake Nighthorse, Animas Airpark, skiing at DMR, live music at Fort Lewis College, & exceptional dining options all within reach, your free time is truly your own to enjoy the best of Durango. Embrace this maintenance-free living experience, designed for those who seek to soak up every moment of Durango’s vibrant offerings.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Loft
  • Year Built: 2005
  • Living Area: 1,404 SqFt

Listing Office:

  • Office Name: Your Castle Real Estate Inc
  • Office Email: me@denisebaca.com
  • Listing Agent: Denise Baca

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator
  • Basement: No
  • Flooring Type: Concrete, Laminate, Tile, Vinyl
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: Water
  • Exterior: Balcony, Elevator, Gas Grill, Gas Valve, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Air Conditioning, Central Air

School Info

Assigned Schools Information:

  • Durango High School, Public District Grades 9-12
  • Escalante Middle School, Public District Grades 6-8
  • Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: College Drive East. Right on 8th Avenue. Continue to Hwy 3. Right at light. Right into RiverGate Lofts.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $442/SqFt

HOA Fees:

  • Amount: $493
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Durango, CO.

Med. List Price

$995K

Med. Price/SqFt

$469

Avg. Days On Market

105

555 Rivergate Ln Unit 3 vs Durango

11 DAYS ON ROCKET

-94 Days

$620,000

-$375K Less

$442/SqFt

-$28 Less

KEY TAKEAWAY

This property is $375K less than the Median List Price and $28/SqFt less than other homes in Durango, CO.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #5732430

Listing Office:

  • Office Name: Your Castle Real Estate Inc
  • Office Email: me@denisebaca.com
  • Listing Agent: Denise Baca

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Last updated on: 5/7/2024, 4:12:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,655

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7666452
8
/10
  • Park Elementary School

  • 510 E 6th Ave

  • 1.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7666453
4
/10
  • Escalante Middle School

  • 141 Baker Ln

  • 1.62 miles

  • Public District Grades 6-8

High School

school-card-donut-7666454
6
/10
  • Durango High School

  • 2390 Main Ave

  • 2.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,223. Typical income of Durango, CO residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 555 Rivergate Ln Unit 3

What is the listing price of this property?

The listing price of 555 Rivergate Ln Unit 3 property is $620,000.

What type of property is this?

The property 555 Rivergate Ln Unit 3 is a condo located in Durango, Colorado, 81301.

Is this property for sale now?

Active Listing: 555 Rivergate Ln Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 555 Rivergate Ln Unit 3 are:
Park Elementary School: GreatSchools Rating 8/10
Escalante Middle School: GreatSchools Rating 4/10
Durango High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 555 Rivergate Ln Unit 3 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 555 Rivergate Ln Unit 3 is 1,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 555 Rivergate Ln Unit 3 is 2005.

Rocket HomesColoradoLa Plata CountyDurango81301555 Rivergate Ln Unit 3

This home is located at 555 Rivergate Ln Unit 3 in Durango, CO and zip code 81301. This 1,404 square foot home was built in 2005. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $620,000.

In April 2024 in Durango, CO there were 53.4% more homes for sale than in March 2024. In April 2024, listings were on the market for 105 days. During the same period, the median list price in this real estate market was $995,000.

From Rocket Homes Real Estate and based on county public records data.

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