$1,274,000 Single-Family Home for sale - 117 Ponderosa, Ri

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Introducing "The Keep" Ridgway CO (Telluride)
Simply put, there is nothing else like it in the Telluride/Ouray region. Zoned Commercial (Multi-Use or Mixed Use or 100% Residential), this substantial 14,500+foot structure is ready for your vision!
Just 38 miles to Telluride, as you pass Ralph Lauren's Ranch or 14 minutes to the local Hot Springs resort. The lot is 3.2+ acres with future building potential (country store or garages etc ) The lot borders open space to the North and the Golf Course abuts it to the East. This stellar location includes a breathtaking backdrop of the jagged Cimmarron’s / San Juans and the 14,000 ft Mt Sneffels. The parcel comes with a "founding membership"of the Divide Ranch & Clubs Award-winning 18 hole Golf Course (subject located on the 3rd-4th Holes) and HOA membership.
This was the original corporate residences of the golf developer in 1983,(formally Fairway Pines), and has been resurrected with many recent improvements: a fitness center /Gym /ADU-rental unit /residence / new flooring / turf /decking/ Bar / flooring / entertainment area and stage /indoor basketball, 2 tennis courts / putt putt / 2 climbing walls and batting cages and golf driving.
The extensive improvements include, but not limited to ADA compliance modification in 2012, new roof 2012 , newer engineered septic and also conversion to natural gas.
The possibilities for highest and best use and zoning include :Brewpub/Distillery/Medical Marijuana MMJ/, Country Store, Offices, Commercial Lodging, Professional/Medical and even a gas station! A wedding planner and events/retreat /music live work play layout seems very easy! The prior sprawling indoor salt water pool (2,400 feet) can easily be brought back into compliance, currently its set up as a music venue/sunken entertainment area.
This is truly an incredible lifestyle-live-work opportunity ,for the visionary as there is not another live work play structure for 20 miles in the county/ town or region.

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