# Sherman Street, Ridgway, CO 81432

> **TL;DR:** land, $375,000. Est. $2,005/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $375,000 |
| Lot Size | 10,890 sqft (0.25 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,896 |
| Estimated Insurance | $109 |
| **Total** | **$2,005** |

## Property Highlights

- 0.25 acre lot

## Description

### Agent Description
Judi Snelling, United Country Sneffels Realty, C:,,: Premier Ridgway development opportunity located on Sherman Street / Highway 62 in the heart of town. This rare, cleared parcel is approximately 10,375 sq. ft. (73 X 142 frontage) and offers a range of potential residential development concepts, including single-family with ADU potential, townhome-style residences, condominium-style residences, or a multi-unit residential structure. The property's location also provides added flexibility under Ridgway's Downtown Service District framework, which is intended to allow residential use with compatible limited commercial or live/work possibilities while maintaining a residential character. The parcel size may also allow for subdivision into two qualifying residential lots, potentially creating the opportunity for two principal dwelling units with ADU potential.With its manageable size, attractive price point, central Ridgway location, strong street visibility, and flexible development potential, this property offers an appealing opportunity for a builder, developer, investor, or owner-user seeking to create value in the Ridgway market.

## Location

- **Address:** Sherman Street, Ridgway, CO 81432
- **County:** Ouray
- **Coordinates:** 38.1511312, -107.760428
- **Google Maps:** https://www.google.com/maps?q=38.1511312,-107.760428

## Listing Agent

- **Name:** Judi Snelling
- **Brokerage:** United Country Sneffels Realty
- **Broker Phone:** (970) 318-2160
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Sherman-St_Ridgway_CO_81432_M97541-91700?f=listhub&s=CRENCO&m=837467&c=propsimple)

## Photos

![Sherman Street - Photo 1](http://lh.rdcpix.com/819e560c5647f1f5d96dfaa8989f0535l-f2198824270r.jpg)

![Sherman Street - Photo 2](http://lh.rdcpix.com/819e560c5647f1f5d96dfaa8989f0535l-f3296661438r.jpg)

![Sherman Street - Photo 3](http://lh.rdcpix.com/819e560c5647f1f5d96dfaa8989f0535l-f2074633770r.jpg)

![Sherman Street - Photo 4](http://lh.rdcpix.com/819e560c5647f1f5d96dfaa8989f0535l-f3821126393r.jpg)

---

**MLS#:** 837467 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/sherman-street-ridgway-co-81432-a031576bb174482fa566c6cd993627ab)

---

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