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For sale
    • Price cut: $5K (7/9)
    $505,000

    2040 Colonial Dr, Sheridan, WY 82801

    4beds
    4baths
    2,780sqft
    : 
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    Residential
    Built in 1978
    7,557 Square Feet Lot
    $494,100 Zestimate®
    $182/sqft
    $-- HOA

    What's special

    Multiple living spacesThoughtful updatesUpdated kitchenGenerous space
    Nestled in a quiet, established, family-friendly neighborhood, this spacious 4-bedroom, 3.5-bath bi-level home offers 2,780 square feet of comfortable living space. Conveniently located near parks, schools, walking paths, and shopping, this home combines everyday convenience with a peaceful residential setting. Inside, you'll find an updated kitchen, multiple living spaces, and two fireplaces that add warmth and character throughout the home. The finished basement provides additional room for entertaining, recreation, or guests, while the oversized primary suite offers a comfortable private retreat. Step outside to enjoy the fenced backyard and patio area perfect for relaxing and entertaining. With generous space, thoughtful updates, and a desirable location, this home is ready for you.
    53 days
    |
    420
    |
    24
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam T Healy averyre@collinscom.net,

    Carlton Real Estate LLC

    Source: Sheridan County BOR,MLS#: 26-635MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Basement
      Half bathroom
      • Level: Main
      Full bathroom
      • Level: Upper
      Full bathroom
      • Level: Upper
      Full bathroom
      • Level: Basement
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Basement
      Living room
      • Level: Main
      Heating
      • Gas Forced Air, Natural Gas
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s), Pantry
      • Basement: Full
      • Has fireplace: Yes
      • Fireplace features: # of Fireplaces, Wood Burning Stove
      Interior area
      • Total structure area: 2,780
      • Total interior livable area: 2,780 sqft
      • Finished area above ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Concrete
      • Attached garage spaces: 1
      Features
      • Levels: Bi-Level
      • Patio & porch: Patio
      • Exterior features: Auto Lawn Sprinkler
      • Fencing: Fenced
      Lot
      • Size: 7,557 Square Feet
      Details
      • Parcel number: R0006024

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Residential
      Materials
      • Roof: Asphalt
      Condition
      • Year built: 1978

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Colony South 2nd Addition
      Location
      • Region: Sheridan

      Financial & listing details

      • Price per square foot: $182/sqft
      • Tax assessed value: $323,913
      • Annual tax amount: $2,200
      • Date on market: 5/27/2026
      • Inclusions: Oven, Dishwasher, refrigerator, Microwave, Shed, Piano

        Estimated market value

        $494,100

        $469,000 - $519,000

        $2,957/mo

        Price history

        DateEventPrice
        7/9/2026Price change$505,000-1%$182/sqft
        Source: Sheridan County BOR #26-635 Report a problem
        5/27/2026Listed for sale$510,000$183/sqft
        Source: Sheridan County BOR #26-635 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,200 -23.8%$30,771 -23.8%
        2024$2,888 +3.2%$40,398 +3.2%
        2023$2,799 +7.9%$39,145 +7.9%
        2022$2,594 +26.6%$36,285 +26.6%
        2021$2,049 +4.5%$28,655 +4.5%
        2020$1,960 +2.2%$27,412 +2.2%
        2019$1,918 +4.6%$26,820 +4.6%
        2018$1,833 +1.1%$25,643 +1.1%
        2017$1,814 $25,369 +8.4%
        2015$1,814 +9.7%$23,408 +1.2%
        2014$1,654 $23,126 +1.6%
        2013$1,654 $22,770
        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: 82801

        Getting around

        18 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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