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For sale
    • Price cut: $20K (6/16)
    $875,000

    197 Park St, Gypsum, CO 81637

    5beds
    3,208sqft
    : 
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    Single Family Residence
    Built in 1980
    0.25 Acres Lot
    $-- Zestimate®
    $273/sqft
    $-- HOA

    What's special

    Lots of storageRemodeled main-level kitchenLaundry roomBonus room
    Lovely 5-bedroom, 4-bath home nestled at the base of Red Hill in Gypsum! Perfect for entertaining, this spacious 3,208 sq. ft. property sits on a quiet ¼-acre lot in a friendly neighborhood with No HOA. Step outback to your own private oasis -- an inviting 17'x27' enclosed rear deck flowing onto a 20'x21' sun-drenched patio surrounded by built-in planter boxes bursting with flowers and veggies. Whether you're hosting friends, enjoying a morning coffee or winding down under the stars, this peaceful, private, fully fenced backyard retreat offers beauty and serenity year-round. Above the 2-car garage, a fully equipped and licensed commercial kitchen provides endless versatility for catering, food preparation, or easily converting back into a private 1-bedroom apartment with its own entrance and exclusive patio access. Enter through the charming sunroom with a working antique wood stove, or step up through the dutch door into the remodeled main-level kitchen. The cozy living room features an airtight wood fireplace, along with 3 bedrooms and 2 full baths. Downstairs you'll find a spacious family room with gas a fireplace, an additional bedroom and ¾ bath, plus a bonus room, lots of storage, and laundry room. Outside, there's parking for 4 vehicles in front and more or an RV in the fenced backyard. This home offers space, flexibility, and a truly inviting place to call home. Owner is broker.
    97 days
    |
    485
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob New 970-390-3336,

    New House Realty LLC

    Source: VMLS,MLS#: 1013919MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 3/4 bathrooms: 1
      Heating
      • Baseboard, Electric, Exhaust Fan, Forced Air, Natural Gas, Wood Stove
      Cooling
      • Ceiling Fan(s), Exhaust Fan, Window Unit(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer, Water Purifier
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
      Features
      • Smart Thermostat, Vaulted Ceiling(s), Wired for Cable
      • Flooring: Carpet, Tile, Vinyl
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Gas, Sealed Combustion, Wood Burning, Wood Burning Stove
      Interior area
      • Total structure area: 3,208
      • Total interior livable area: 3,208 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: RV Access/Parking, Storage, Surface
      • Attached garage spaces: 2
      Features
      • Levels: Three Or More,Multi/Split
      • Stories: 2
      • Entry location: Ground
      • Patio & porch: Deck, Patio
      • Fencing: Fenced,Full
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods
      Lot
      • Size: 0.25 Acres
      • Features: Landscaped, City Lot
      Details
      • Parcel number: 211106404011
      • Zoning: SF
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Metal Siding
      • Foundation: Poured in Place
      • Roof: Asphalt
      Condition
      • Year built: 1980

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Sewer Connected, Water Available

      Community & HOA

      Community
      • Features: Fishing, Fitness Center, Trail(s)
      • Subdivision: Bertroch Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Gypsum

      Financial & listing details

      • Price per square foot: $273/sqft
      • Tax assessed value: $718,800
      • Annual tax amount: $2,436
      • Date on market: 7/16/2026
      • Cumulative days on market: 97 days
      • Listing terms: Cash,New Loan
      • Electric utility on property: Yes
      • Road surface type: All Year, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,137/mo

        Price history

        DateEventPrice
        6/16/2026Price change$875,000-2.2%$273/sqft
        Source: VMLS #1013919 Report a problem
        5/28/2026Price change$895,000+2.3%$279/sqft
        Source: VMLS #1013919 Report a problem
        4/14/2026Pending sale$875,000$273/sqft
        Source: VMLS #1013919 Report a problem
        4/14/2026Listed for sale$875,000-7.8%$273/sqft
        Source: VMLS #1013919 Report a problem
        11/21/2025Listing removed$949,000$296/sqft
        Source: VMLS #1012855 Report a problem
        10/27/2025Price change$949,000-5%$296/sqft
        Source: VMLS #1012855 Report a problem
        10/11/2025Listed for sale$999,000+758.2%$311/sqft
        Source: VMLS #1012855 Report a problem
        5/28/1992Sold$116,400$36/sqft
        Source: VMLS #103405 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,436 +26.5%$44,920 +13.2%
        2024$1,926 -8.1%$39,690 -7.2%
        2023$2,096 -2.7%$42,780 +28.7%
        2022$2,153 $33,230 -2.8%
        2021-- $34,180 +15.2%
        2020$1,851 +0.1%$29,680
        2019$1,849 $29,680 +19%
        2018$1,849 +65.1%$24,940
        2017$1,120 +0.4%$24,940 +26%
        2016$1,116 $19,790
        2015-- $19,790 +59.6%
        2014$342 $12,400
        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.
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        Climate risks

        Neighborhood: 81637

        Getting around

        27 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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