117 Needles Way Bldg , Unit 719

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Virtual Tour Active Durango, CO 81301 MLS# 793645 Listed by Phil Wehmeyer on 05/20/2022
$1,999,000
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Condo/Townhouse Property Type
4 Bedroom
4 Bathroom
1 Garage
3140 Sq Ft
0.00 Acres
1985 Year Built

Overview

THIS IS TRULY ONE OF THE FINEST PENTHOUSE RESIDENCES IN ALL OF PURGATORY RESORT WITH BREATHTAKING PANORAMIC VIEWS AND DIRECT SKI-IN SKI-OUT ACCESS! It was originally designed and constructed for the Duncan family, who were the original developers that started Purgatory Resort and were its owners when it first achieved national recognition as a destination ski resort.This residence is the largest penthouse at the resort and encompasses the entire south wing of the top floor in the Eolus building. With 3,140' of living space all on one level and two living areas, this condominium truly lives and feels like a luxury home. It also has four full en-suite bedrooms all with their own private baths and multiple storage closets for all of your personal belongings should you choose to make it a vacation rental. The views from all of the windows are extraordinary and it offers oversized deck spaces for outdoor entertainment and appreciation of its incomparable vistas. Nothing can ever be built to the south, west or east of this building that would impede these views. This residence faces both the slopes and the Needles Mountains, the signature range of 14,000 peaks that Jean Claude Killy once called "the most beautiful scenery this side of the Italian Alps." It is surrounded by accessible national forest land, over a million acres of it, and it's the ideal basecamp for every mountain adventure. The finest finishes have been used throughout and the unit is being sold fully furnished. Notice the exposed timbers in the living areas and arched ceilings, as well as other architectural features that are exceptionally rare in condominium design and construction. This residence has an outstanding potential as a vacation rental and projections are available upon request. THIS IS A RARE OPPORTUNITY TO OWN A ONCE IN A LIFETIME LEGACY RESORT PROPERTY!

New Home Sales Hours

Courtesy Of Durango Mountain Realty LLC
Source: CREN MLS

View On CREN MLS

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed Dogs OK

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement?
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Bedroom,Living Room
    • No. of Fireplaces
    Square Foot Details
    • SqFt 3,140
    • Living Area, Finished
    • Above grade, Finished
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $636.62
    • PSF Finished $
    • PSF Above Grade $
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Disposal,Double Oven,Dryer,Microwave,Oven,Refrigerator,Washer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions
    • Flooring Carpet,Wood,Tile
    • Furnished Furnished,Furnished
    • Interior Features Granite Counters,Jet Action Tub,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Cable Available
    • Laundry Availability
    • Security Features Fire Sprinkler System
    • Spa Features
    • Window Features Double Pane Windows

    Room Details

    Bathroom Details Total Bathrooms: 5
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 4
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property N
    • Levels One
    • Stories
    • Structure Type
    • Unit Floor #
    • View Mountains(s)
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Contemporary
    • Construction Materials
    • Foundation Details
    • Roof
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Gas Grill,Balcony
    • Fencing Fenced
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Deck
    • Pool Features
    • Ski Features Ski In/Ski Out (Downhill),Ski In/Ski Out (Downhill),Ski In/Ski Out (Downhill)
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Near Ski Area,Borders National Forest
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0
    • Lot Size Dimensions
    • Lot Size SqFt
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access Public Road
    • Road Responsibility Public Maintained Road
    • Road Surface Paid

    Parking/Garage

    Parking Space Summary

    • Parking Features Underground,Garage
    • Total Parking Spaces
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces
    • Total Reserved Spaces
    • Total RV Spaces
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling
    • Green Energy Efficient
    • Heating Electric,Baseboard
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN N
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Internet Access (Wired),Electricity Connected,Cable Available,Internet Access (Wired),Phone Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities Parking,Pool,Clubhouse,Fitness Center,Spa/Hot Tub,Park,Playground,Tennis Court(s)
    • Association(s) Yes
    • HOA Fee Includes Maintenance Structure,Insurance,Sewer,Snow Removal,Trash,Water
    • Total Annual HOA Fees $23,928
    1st HOA
    • HOA Eolus Condominiums
    • Type
    • Fee $1,994.00 Monthly
    • Phone
    • Total Annual Fee $23,928.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $
    • Website
    Restrictions & Covenants
    • Pets Allowed Dogs OK
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? Yes

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation
      • Transaction Broker Compensation
      • Compensation Offered
      • Dual Variable Compensation
      • Commission Modified
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $6,072
      • Legal Description Subdivision: EOLUS CDO, PURG VLLG Unit: 501
      • Tax Exemptions
      • Tax ID 508924315042
      • Tax Year 2021
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name
      • Development Name
      • Park Name
      • Senior Community
      • Subdivision Eolus Condos
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent 25 miles north of Durango in the heart of Purgatory Resort, follow the signs to the Eolus building.
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use Residential
      • Incorporated?
      • Zoning
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership
      • Possession
      • Special Listing Conditions
      • Year Built 1985

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      School Zone

      District:
      Schools: Animas Valley K-5 Elementary School, Durango 9-12 High School, Miller 6-8 Middle School

      Area Map

      Walk Score

      Bike Score

      Bike Score

      0 description
      Transit Score

      Transit Score

      0 description summary
      Walk Score

      Walk Score

      0 description
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