16919 Highway 140
Durango, CO 81301
Blue Lake Ranch, Durango CO · Hospitality Property For Sale · 18,154 SF

This is a Unique Opportunity in the Durango CO area to Own a Beautiful, Successful Boutique Hotel/Bed and Breakfast or Create the Ideal Location for Your Dream Ranch Compound, Health and Wellness Facility or a Business Retreat, and more. THE BLUE LAKE RANCH LAND, WATER, BUILDINGS AND BUSINESS: Blue Lake Ranch has evolved from Southwest Colorado’s first Bed and Breakfast into an award-winning boutique hotel/Country Inn and is best described as “affordable luxury.” The Ranch’s 70+ acre estate is just 15 minutes from downtown Durango, Colorado. The Ranch provides the ultimate in privacy. Located in its own valley with springs and the 3 1/2-acre Blue Lake, the Ranch has incredible La Plata Mountain views to the north and 360-degree views of Mesa Verde National Park to the West, and the Chuska and Lukachukai mountains to the south and the Needles of the San Juans to the Northeast. The Ranch boasts perennial spring and Homestead well water even in drought years and enjoys sub-irrigated meadows and wetlands. Forty-five years of master gardening, including xeriscaping and deer-tolerant plants, compliments acres of native vegetation consisting of pinon, juniper, sage, chamisa, mountain mahogany, service berry and many wildflowers. This creates a soothing outdoor setting. This Boutique Hotel features unique and beautiful lodging options including rooms and suites in the Main Inn, the Spring House, the Cabin on the Lake, Casitas, the Cottage in the Woods, and suites in the Renovated Barn. There are seven unique lodging buildings, one staff housing building with 2 units, and a 2400 sq ft Pole Barn with a workshop and storage. Blue Lake Ranch, with its Southwest style, gathers its inspiration from the hand-carved columns, locally harvested hand-peeled vigas and custom doors. The large, beautiful bathrooms gleam with thousands of square feet of travertine, walk- in showers, large whirlpool tubs, and custom vanities. Accommodations have gas heating fireplaces, kitchen or kitchenettes, and covered outdoor private sitting areas with majestic views of the La Plata Mountains, green meadows and secret gardens. The common areas in the Main Inn are gracious and inviting with a dining room, living room and covered portals that provide seating for up to 62 guests. A beautiful commercial kitchen with a Provence feel, also has a dish room, pantry, and a beverage room. The Trading Post (gift shop) and business office round out the rooms in the Main Inn. The Ranch provides acres of lawns, meadows and woods with paths along the Lake and woods providing great places to view birdlife, wildlife, native vegetation, and groomed gardens. One can fish for Rainbow Trout in the lake, as well as spot a Western Painted Turtle, Colorado’s state reptile which thrives in this very healthy spring fed lake. The present owner purchased the Ranch in the 1970s and has been passionate about his gardening for almost 45 years, turning the Ranch into a showcase of high-altitude gardens, many being deer resistant and drought tolerant. There are thousands of spring bulbs, dozens of fruit trees, flowering ornamental trees and shrubs, and beautiful acres of unspoiled native vegetation. There are decreed well and water rights that include the perennial springs that have been serving the Ranch for 110 years. The owners have created one of the Four Corner’s best kept secret hideaways and a successful business. This Southwest treasure in the Durango CO area provides beautiful buildings, ambiance and an ideal location to experience the best life has to offer. ABOUT THIS TURNKEY BUSINESS OPPORTUNITY: • Strong Guest Base. Huge repeat clientele - 14,000 active mail list. • Growing attraction to millennials who want an authentic experience known as • part of the fastest growing lodging sector. • Proven to be economically resistant to the effect of a recession. • 8% Cap Rate. • Increased net revenue year over year. • Ability to expand under the Ranch’s existing l Class II Commercial Permit. Ranch is approved for 2 more buildings on the property... a 7600 sq ft Lodge and a 2000 sq ft Spa, and three additional guest rooms. • Owners of 45 years will train new owners in existing business for a seamless transition. • Condition of Structures. The various buildings are all relatively young in age and are in good condition. The Main Inn, the original Homestead house, is older but has been masterly developed and renovated. Everything has been kept in good working order. THIS PROPERTY WITH ITS BEAUTY AND STRUCTURES CAN BE DEVELOPED INTO OTHER PRODUCTIVE BUSINESSES OR CAN BE OWNED AND USED BY AN INDIVIDUAL. • Family or corporate compound. • Health and wellness center. • Treatment facility. • Business – corporate or group retreat. • Existing entitlement to expand by 2 more buildings and three guest rooms gives the new owner an opportunity to immediately grow the business of their choice beyond the current operations or do a bigger expansion on the undeveloped 35 acres west of Blue Lake that has its own access….an easement to County Road 120. Total Building Square Footage: 18,154 sf. Number of Baths: 19 full baths, 4 three quarter baths and 4 half baths. Total 26. Number of Bedrooms: 20 bedrooms for guests, 2 bedrooms with staff housing. TAX BENEFIT. OPPROTUNITY ZONE