Skip main navigation
For sale
  • $750,000

    128 Colorado Ave, Paonia, CO 81428

    2beds
    993sqft
    : 
    $4,419/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    0.93 Acres Lot
    $-- Zestimate®
    $755/sqft
    $-- HOA

    What's special

    Work tableElegant designCozy sitting spaceCovered decksSitting areaPrivate oasis settingYard game area
    Two houses tucked away in the "Heart of Paonia," this lovely "Paonia Original" is a birders paradise and offers privacy, convenience, and undeniable charm.The property includes two fully furnished residences, complete with furniture, artwork, housewares, and silverware, making it truly move-in or rental ready. Laura's Tower, built in 2018, is a 993-square-foot retreat perched above Rio Grande Avenue, offering bird's-eye views of the surrounding area. This two-story residence features a covered north-facing deck overlooking the mesas and a sunny south-facing balcony above Stewart Ditch. Upstairs, you'll find a spacious bedroom, office, sitting area, and beautifully tiled full bath. The lower level includes a bright and efficient kitchen, dining area, cozy sitting space, half bath, and stackable washer/dryer combo. Kale's Cottage, a 374-square-foot Solargon built in 2010, boasts an elegant design and is nestled in its own private oasis setting. Inside, the modern yet cozy interior features a lovely tongue-and-groove vaulted wood ceiling, full kitchen, beautiful Lopi 1250 wood stove, king sized bed, loveseat, work table, and walk-in tiled shower. Step outside to enjoy the covered decks, expansive green lawn, roomy dog kennel, and yard game area. Additional amenities include a separate laundry building with one washer, two dryers, folding table, and extra storage, plus a charming one-room studio with vaulted ceilings and its own dog run. The current owner has successfully operated the property as a short-term rental for the past 11 years and has earned Airbnb Superhost status. The property ranks in the top 1% of homes on Airbnb based on ratings, reviews, and reliability. This property is an active Airbnb rental and may take longer than 24 hours to schedule a showing. Come experience this unique Paonia property and let your imagination run free!
    41 days
    |
    276
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bernadette Stech 970-261-5928,

    Paonia Realty,

    Non-IRES Agent 970-593-9002,

    Non-IRES

    Source: IRES as distributed by MLS GRID,MLS#: 1062095MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      Primary bedroom
      • Description: Concrete
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12 x 12
      Kitchen
      • Description: Concrete
      • Level: Main
      • Area: 135 Square Feet
      • Dimensions: 9 x 15
      Heating
      • Heat Pump, Wood Stove, Radiant
      Appliances
      • Included: Gas Range, Refrigerator, Washer, Microwave
      Features
      • Windows: Window Coverings
      • Basement: None,Crawl Space
      Interior area
      • Total structure area: 993
      • Total interior livable area: 993 sqft
      • Finished area above ground: 993

      Property

      Parking
      • Parking features: None
      • Details: None
      Features
      • Levels: One,Two
      • Stories: 2
      • Exterior features: Balcony
      Lot
      • Size: 0.93 Acres
      • Features: Evergreen Trees
      Details
      • Additional structures: Storage
      • Parcel number: R023401
      • Zoning: S-SU-D
      • Special conditions: Private Owner

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Slab
      • Roof: Shingle,Metal
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Electric: DMEA
      • Gas: Propane
      • Sewer: Public Sewer
      • Water: City
      • Utilities for property: Electricity Available, Propane

      Community & HOA

      Community
      • Subdivision: Rio Grand Heights 2
      HOA
      • Has HOA: No
      Location
      • Region: Paonia

      Financial & listing details

      • Price per square foot: $755/sqft
      • Tax assessed value: $524,171
      • Annual tax amount: $2,451
      • Date on market: 6/17/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/13/2026Listed for sale$750,000+7794.7%$755/sqft
        Source: CREN #834664 Report a problem
        12/17/2009Sold$9,500-79.4%$10/sqft
        Source: Public Record Report a problem
        9/5/2006Sold$46,200$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,232 +4.5%$32,761 +7.6%
        2024$2,137 +57.9%$30,437 -9%
        2023$1,353 +191.8%$33,438 +78.6%
        2022$464 $18,718 +185.4%
        2021-- $6,559 +6.4%
        2020$442 +27.6%$6,165 -0.7%
        2019$346 $6,209 +32.4%
        2018$346 +11.3%$4,691
        2017$311 -22.7%$4,691 -25.4%
        2016$403 +1.5%$6,288 +34.7%
        2014$397 $4,667
        2013-- $4,667 -14.3%
        2012-- $5,445
        2011-- $5,445
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81428

        Getting around

        33 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Paonia
        • Middle: Paonia

        Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes