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525 2nd StreetOuray, CO 81427Price: $2,950,000

  • Price: $2,950,000
  • Est. Mortgage of $/month
  • 25 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,950,000List Price
  • 15Bedrooms
  • 1994Year Built
  • 7,275Square Feet
Listed by Sharon Wild of Wild West Realty,LLC

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The China Clipper Inn Bed and Breakfast offers luxurious lodging accommodations in the heart of beautiful Ouray, CO,otherwise known as the Switzerland of America. The China Clipper Inn was custom designed as an Inn featuring classicdetails, quality, comfort and privacy. Twelve rooms, and one new apartment on the lower level, are available to guests, eachproviding elegant and luxurious lodging accommodations. Built from scratch by Earl Yarbrough, a Navy Commander andavid maritime enthusiast, in the 1990's and opened in 1995, the China Clipper Inn, was designed to emulate it's Victorian,historic neighbors and retain the architectural vintage and character of the town. Most of the rooms are named after famousClipper ships. With fine mountain views from most rooms, the China Clipper Inn offers all the intimate amenities of an innand the conveniences and privacy of a fine hotel. The Inn was recently (March 2022) voted the Best BNB in the state ofColorado by Wall Street and has also been voted the Best BNB in Ouray County for 2022 and 2020 (no voting took place in2021). One of the things that makes it so special is it has something for every type of guest and each room is unique anddifferent. There are 7 different room types to choose from, some having fireplaces, whirlpool tubs, and there is even agarden area with a hot tub for general use. The Inn has 2 lovely common areas with fireplaces and a library, and a strikinglyelegant dining room, complete with a walk out glass patio for dining. The Inn has an excellent location being 1 block fromMain Street and walking distance to all Ouray's unique shops, restaurants, hiking trails, hot springs, Via Ferrata, Ice Park,and so much more. In the winter months, the China Clipper has been said to resemble a Hallmark movie with its romantic,magical architecture up against the snow. Ouray was voted the Outdoor Recreation Capital of Colorado so it is truly a yearround adventure for tourists. It is also close to skiing in Telluride and Durango, and has cross country skiing right in the area,along with snow shoeing and ice skating. The Inn is currently owner operated and is projecting a 10% cap rate for 2022 -all while allowing the owners to close the Inn approximately 4 months of the year for personal time and vacations. In addition, the current owners have shown a 25% growth in revenue since 2019. The Inn comes turnkey with few exclusions. The wonderful owners' quarters is approximately 900 square feet with 2 Bedrooms, 1 Bath, Living Room, Dining Room, and large kitchen. It has all been updated by the current owners, along with the new apartment which is now added to the room inventory. If you have always wanted to live, work, and play in one of Colorado's most beautiful towns, this is your chance. Currently operated as a BnB, but could also be a residence. Give us a call for more detail and don't let this opportunity pass you by!

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated June 30, 2022

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