Homes for sale in Waterfall Village, Durango CO feature charming townhomes nestled in the serene Animas River Valley offering mountain sanctuary living among the red cliffs of the Hermosa Valley. This tranquil community showcases units ranging from 1,278 to 3,116 square feet on compact lots, providing the perfect balance of quiet residential setting with easy access to outdoor recreation. The village provides central water through Animas Water Company with comprehensive monthly HOA dues from $325 to $350 covering building maintenance, landscaping, utilities, and snow removal. Located 11 minutes from downtown Durango and 21 minutes to Purgatory Ski Resort, Waterfall Village attracts buyers seeking low-maintenance mountain living with immediate access to Falls Creek, hiking trails across County Road 203, Dalton Ranch Golf Course, and Trimble Hot Springs while maintaining the peaceful atmosphere perfect for Colorado outdoor enthusiasts.