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Sold for $1,175,000
  • $1,175,000

    186 Palmer Peak Drive, Fairplay, CO 80440

    3beds
    2,103sqft
    Single Family Residence
    Built in 2010
    5.05 Acres Lot
    $1,123,600 Zestimate®
    $559/sqft
    $2,638 Estimated rent

    Home value

    $1,123,600

    $1.02M - $1.22M

    $2,638/mo

    Zestimate® history
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    What's special

    Private acresExplorer nearby hiking trailsCross-country skiingLarge windowsNatural lightNatural splendor
    Introducing a stunning 3 Bedroom, 2 bath mountain retreat nested in the picturesque Rocky Mountains of Colorado. Located on 5 pristine and private acres, this captivating custom log home offers the perfect blend of luxury, comfort and natural splendor. With two stories of living space, this home offers an expansive layout that caters to your every need. The homes design creates a warm and inviting atmosphere, perfect for family gatherings and entertaining quests. Three bedrooms provide ample space for relaxation and privacy. Unwind in the comfortable living area featuring large windows that flood the space with natural light. Curl up in front of the fireplace on a chilly evening or gather with friends and family for a movie night. Park your vehicles and toys inside the two-car garage. Save on utility bills with solar and electric installed as well as a new high efficiency boiler system installed this year. The extremely reliable high-speed internet is also of mention. Being close to the historic mining town of Fairplay offers the ideal balance between peaceful mountain living and convenient access to amenities. Enjoy year-round adventures, explorer nearby hiking trails and cross-country skiing or take a short drive to renowned ski resorts. Live in it full time or short-term rent for the extra income this house can provide you with. It has a solid short term rental income history. This could be the perfect opportunity to own the turn-key mountain home of your hopes and dreams.

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan E. Sharp (310)924-2386,

    Bristlecone Realty Group

    Bought with:

    Lisa Kunst, FA100079396

    Caniglia Real Estate Group,LLC

    Source: Altitude Realtors,MLS#: S1044070MLS LogoOriginating MLS: Summit Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Natural Gas, Radiant, Wood Stove
    Appliances
    • Included: Dishwasher, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Dryer, Washer
    Features
    • Flooring: Concrete, Tile, Wood
    • Basement: Partially Finished
    • Fireplace features: Wood Burning Stove
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,103 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Parking Pad
    • Garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Meadow, Mountain(s), Trees/Woods
    Lot
    • Size: 5.05 Acres
    • Features: See Remarks
    Details
    • Parcel number: 36242
    • Zoning description: Single Family
    • Other equipment: Satellite Dish
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Log
    • Roof: Metal
    Condition
    • Resale
    • Year built: 2010

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Trash Collection, Septic Available

    Community & HOA

    Community
    • Features: None, Fishing
    • Subdivision: Silverheels Ranch
    HOA
    • Services included: Common Area Maintenance
    • HOA fee: $80 annually
    Location
    • Region: Fairplay

    Financial & listing details

    • Price per square foot: $559/sqft
    • Tax assessed value: $1,142,657
    • Annual tax amount: $2,550
    • Date on market: 8/14/2023
    • Cumulative days on market: 15 days
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: No

    Price history

    DateEventPrice
    11/3/2023Sold$1,175,000-6%$559/sqft
    Source: Altitude Realtors #S1044070 Report a problem
    8/30/2023Pending sale$1,250,000$594/sqft
    Source: REcolorado as distributed by MLS GRID #6712578 Report a problem
    8/14/2023Listed for sale$1,250,000+968.4%$594/sqft
    Source: REcolorado as distributed by MLS GRID #6712578 Report a problem
    10/14/2008Sold$117,000$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,346 +4.6%$76,550 +7.1%
    2024$4,156 +63%$71,490 -5.8%
    2023$2,550 +5.2%$75,910 +90.5%
    2022$2,423 -5.8%$39,840 -2.8%
    2021$2,574 +14.3%$40,980 +14.3%
    2020$2,252 +1.1%$35,860
    2019$2,227 +24%$35,860 +8.1%
    2017$1,797 -11.3%$33,160 -11.3%
    2016$2,026 -2%$37,380
    2015$2,066 +3.1%$37,380
    2014$2,003 -7.2%--
    2013$2,157 +0.9%$35,720
    2012$2,139 +6.9%--
    2011$2,001 --
    Find assessor info on the county website

    Neighborhood: 80440

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,123,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,123,600