Smart Real Estate

Vacation Homes for Sale in Durango, Colorado

A Laid-Back Mountain Lifestyle with Growing Investor Appeal

Tucked in Southwest Colorado, Durango is a historic railroad town turned outdoor paradise. From skiing at Purgatory to hiking the San Juans, Durango offers four-season recreation, rich culture, and an emerging short-term rental market. For those seeking lower purchase prices with strong rental demand, Durango is a hidden gem.

Why Invest in a Vacation Home in Durango?

Durango is ideal for lifestyle buyers and value-minded investors:

Lower Entry Prices: Affordable compared to other ski towns.
Growing Tourism: Outdoor recreation and arts scene attract more visitors annually.
Stable STR Regulations: Durango permits short-term rentals in designated zones.
College Town Bonus: Fort Lewis College supports year-round rental potential.

Rental ROI Potential

6% to 10%, depending on location and management.

Durango Real Estate Market Snapshot (Updated Q2 2025)

Median Home Price: $620K
Median Condo/Townhome Price: $420K
Average Rental Rate (per night): $180–$400
Peak Seasons: Summer, holidays, fall foliage
STR Licenses: Permitted in designated neighborhoods with application process (see local ordinance information)

Curious about STR-friendly zones or income potential?

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Beyond ROI

Top Areas for Vacation Homes in Durango

Historic Downtown Durango: Walk to shops, galleries, and restaurants.
Animas Valley: Mountain views and access to outdoor recreation.
Edgemont Highlands: Upscale homes and hiking trails.
Purgatory Resort Area: Ski-in/ski-out condos, great STR potential.

Explore Durango Vacation Properties

Find the perfect mix of charm, value, and cash-flow potential

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Download the 2025 Colorado Vacation Home Investment Guide

Understand how Durango compares with top destinations like Vail and Breckenridge. Discover ROI insights, STR licensing rules, and expert tips—all in one free guide.