← Back to Market Reports Durango

Just Sold: 116 River Oaks Court ($949,000) — $50K Under Asking & A Journey of Patience

From 15 property tours and a terminated contract to a Colorado River rafting trip and negotiating $50,000 under asking—read the story behind finding this Durango home.


Some home searches are quick, but the most rewarding ones take time, market knowledge, and knowing when not to settle. We are thrilled to celebrate the successful closing of 116 River Oaks Court in Durango, sold at $949,000 ($50,000 below the original asking price)!

Just Sold - 116 River Oaks Court Durango

The Journey to Finding "The One"

Working with these wonderful buyers over several months was a masterclass in staying focused on long-term value:

  • 15 Property Tours: We explored every angle of the Durango market to ensure we understood true neighborhood values.
  • Knowing When to Walk Away: After looking at nine homes, we put an offer on a property. But during due diligence, it became clear it wasn't the right fit. Terminating that contract wasn't easy, but protecting our clients' best interests always comes first.
  • A Mid-Search Reset: The buyers hit pause and took a planned trip rafting down the Colorado River.
  • Finding the Match & Negotiating: They returned to Durango with fresh eyes. In our next round of showings, we walked into 116 River Oaks Court—it checked every box on their list, and we successfully negotiated $50,000 off the asking price!

Property Highlights

  • Riverwalk Community Location: Tucked away on River Oaks Court along the Animas River corridor with easy access to trails and town.
  • Design & Efficiency: Features solar power efficiency, vaulted ceilings, refinished hardwood floors, and multi-level outdoor decking with river views.
  • Turnkey Quality: Impeccably maintained townhome living offering the perfect blend of luxury and low-maintenance lock-and-leave convenience.

Looking for a real estate advisor who will advocate for your bottom line?
Finding the right home takes time, deep local market knowledge, and the willingness to negotiate hard for your clients.
🔗 Reach out to Chip Olson at RE/MAX Pinnacle to start your Durango home search →

Active Property Search

Ready to Browse Active Properties?

Access full MLS data and active listings across La Plata, Montezuma, and Archuleta counties via my CPG agent portal.

Launch Full MLS Search →

Get a Custom Home Equity Report

Curious about what your property is worth in today's Southwest Colorado market? Fill out the details below for a hyper-local valuation.