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For sale
    • $389,000

    296 Palomino Way, Crestone, CO 81131

    4beds
    1,728sqft
    : 
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    Single Family Residence
    Built in 1976
    0.53 Acres Lot
    $376,200 Zestimate®
    $225/sqft
    $66/mo HOA

    What's special

    Nestled in the pines in the beautiful small town of Crestone is a one of a kind opportunity to make a full time home or a getaway with income potential to support your dreams. This home has a main and upper level with 3 lovely, light filled bedrooms; a cozy living area with fireplace and dining space; spacious kitchen; full bath; and patio access on two sides of the home. But that is just the beginning! On the lower level is a complete additional living space with full bath, functional small kitchenette, a bedroom, and large, bright living area, all with its own separate entrance and interior lock-off. You can rent this out as a separate apartment, possibly Airbnb it, use it for visiting friends and family, or expand your living space to include a game or TV room, workshop, or other bonus space. Located on half an acre with community water and sewer service and just a few minutes from town groceries, art galleries and restaurants, this attractive home has beautiful mountain and valley views and mature pinon pines surrounding it. It is located conveniently just off the Camino Baca Grande for easy access year round, and there is a stupa nearby that is a wonderful place to watch sunsets over the San Luis Valley. Explore all that Crestone has to offer, with jaw-dropping 14,000-foot peaks as your backdrop, backcountry wilderness trails just outside your door, dozens of retreat centers and artist spaces, and the communities of Alamosa and Salida nearby with hospitals and other major services. Crestone is a Dark Skies Community and the peace, darkness, stars, and wildlife out here will take your breath away. This is the pot of gold at the end of the road!
    31 days
    |
    335
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Celia Adamec 719-221-3101 cadamec@PinonRealEstate.com,

    Pinon Real Estate Group LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 6121689MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Upper
      Bedroom
      • Level: Lower
      Bathroom
      • Level: Upper
      Bathroom
      • Level: Lower
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Kitchen
      • Description: Kitchenette With Cabinets, Refrigerator, Sink, Microwave (No D/W Or Stove)
      • Level: Lower
      Living room
      • Level: Main
      Living room
      • Level: Lower
      Heating
      • Baseboard, Propane, Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
      • Laundry: In Unit, Laundry Closet
      Features
      • Built-in Features, High Ceilings, Laminate Counters, Open Floorplan, Smoke Free
      • Flooring: Laminate, Stone, Tile
      • Windows: Double Pane Windows, Window Coverings
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Free Standing, Living Room, Master Bedroom, Wood Burning
      Interior area
      • Total structure area: 1,728
      • Total interior livable area: 1,728 sqft
      • Finished area above ground: 1,728

      Property

      Parking
      • Total spaces: 6
      • Parking features: Concrete
      • Details: Off Street Spaces: 6
      Features
      • Levels: Tri-Level
      • Patio & porch: Deck, Patio
      • Fencing: None
      Lot
      • Size: 0.53 Acres
      • Features: Foothills, Rolling Slope
      • Residential vegetation: Brush, Natural State, Partially Wooded, Wooded, Sparse
      Details
      • Parcel number: 460506100279
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco, Wood Siding
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • Year built: 1976

      Utilities & green energy

      • Electric: 110V
      • Water: Public
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Baca Grande Chalet One
      HOA
      • Has HOA: Yes
      • Amenities included: Golf Course, Park, Playground, Tennis Court(s), Trail(s)
      • Services included: Reserve Fund, Road Maintenance
      • HOA fee: $795 annually
      • HOA name: Baca Grande Property Owners Assocation
      • HOA phone: 719-256-4171
      Location
      • Region: Crestone

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $256,017
      • Annual tax amount: $1,899
      • Date on market: 6/18/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
      • Exclusions: Seller's Personal Property; Metal Storage Shed Is Negotiable.
      • Ownership: Individual
      • Electric utility on property: Yes

        Estimated market value

        $376,200

        $357,000 - $395,000

        $2,611/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$389,000+6.6%$225/sqft
        Source: REcolorado as distributed by MLS GRID #6121689 Report a problem
        12/11/2023Sold$365,000-1.1%$211/sqft
        Source: REcolorado as distributed by MLS GRID #7018830 Report a problem
        11/9/2023Pending sale$369,000$214/sqft
        Source: REcolorado as distributed by MLS GRID #7018830 Report a problem
        10/22/2023Price change$369,000-4.2%$214/sqft
        Source: REcolorado as distributed by MLS GRID #7018830 Report a problem
        9/26/2023Listed for sale$385,000+185.2%$223/sqft
        Source: REcolorado as distributed by MLS GRID #7018830 Report a problem
        8/26/2014Sold$135,000+157.1%$78/sqft
        Source: Public Record Report a problem
        3/22/2011Sold$52,500$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,899 +213.1%$16,002 +227.4%
        2024$607 +14.8%$4,888
        2023$528 -3.9%$4,888 +17.1%
        2022$550 $4,173 +41%
        2021-- $2,960
        2020$400 -0.4%$2,960
        2019$402 -30.5%$2,960 -29.4%
        2018$579 -0.7%$4,191
        2017$583 $4,191 -17.4%
        2015-- $5,074 +23.8%
        2014-- $4,098
        2013-- $4,098 -64.5%
        2010-- $11,550
        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: 81131

        Getting around

        0 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Moffat
        • Middle: Moffat
        • High: Moffat
        • District: Moffat 2

        Source: REcolorado 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.

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