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For sale by owner
  • Price cut: $4.1K (6/30)
    $594,888

    318 3rd St, Paonia, CO 81428

    2beds
    1,416sqft
    : 
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    SingleFamily
    Built in 1936
    5,662 Square Feet Lot
    $-- Zestimate®
    $420/sqft
    $-- HOA

    Overview

    Nestled in the heart of Paonia, Colorado, this charming Spanish-style adobe home blends timeless character with thoughtful, top-to-bottom modern updates. Located in the highly desirable North Fork Valley, renowned for its organic farms, vineyards, creative energy and mountain living, this property offers a peaceful small-town lifestyle with all the comforts of a modern home. Inside, you’ll find 1,416 square feet of beautifully remodeled living space featuring 2 bedrooms and 2 baths, plus an additional nonconforming bedroom perfect for a studio, guest space, or home office. Every detail has been lovingly refreshed — from the new kitchen with updated appliances, lighting, and flooring, to the tastefully renovated bathrooms, new windows, and custom window treatments. The home’s fresh plaster and paint highlight classic adobe textures and long-lost detailing that nods to its historic Spanish charm while embracing modern function. Recent upgrades include a new furnace and central air system, ensuring year-round comfort. Outside, you’ll find a detached garage with ample shelving for tools and projects, plus additional covered storage for your outdoor gear, bikes, and mountain toys — everything needed to enjoy life in Colorado’s stunning Western Slope. Whether you’re seeking a full-time residence, a vacation getaway, or an exceptional short-term rental opportunity, this home offers flexibility and turn-key ease. Paonia’s vibrant, engaged community, surrounded by orchards, art galleries, and scenic trails, is known for its welcoming spirit and laid-back pace. A perfect fusion of old-world craftsmanship and fresh modern living — this Paonia gem captures the essence of the North Fork Valley lifestyle. Contact Broker/Owner to set a showing appointment.
    67 days
    |
    430
    |
    14
    |
    Listed by:

    Property Owner (719) 989-9989

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Hardwood, Laminate
      • Basement: Finished
      Interior area
      • Total interior livable area: 1,416 sqft

      Property

      Parking
      • Parking features: Garage - Detached, Off-street, On-street
      Features
      • Exterior features: Stucco
      • Has view: Yes
      • View description: City, Mountain
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 324506115011
      • Zoning: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Spanish
      Materials
      • masonry
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1936

      Community & HOA

      Location
      • Region: Paonia

      Financial & listing details

      • Price per square foot: $420/sqft
      • Tax assessed value: $336,364
      • Annual tax amount: $1,580
      • Date on market: 5/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,683/mo

        Price history

        DateEventPrice
        6/30/2026Price change$594,888-0.7%$420/sqft
        Source: Owner Report a problem
        6/17/2026Price change$599,000-2.6%$423/sqft
        Source: Owner Report a problem
        5/10/2026Listed for sale$615,000+54.5%$434/sqft
        Source: Owner Report a problem
        4/29/2022Sold$398,000+91.8%$281/sqft
        Source: Public Record Report a problem
        8/1/2019Sold$207,500-7.8%$147/sqft
        Source: Public Record Report a problem
        6/17/2019Pending sale$225,000$159/sqft
        Source: RE/MAX Mountain West/Paonia #753590 Report a problem
        1/25/2019Listed for sale$225,000+40.7%$159/sqft
        Source: RE/MAX Mountain West/Paonia #753590 Report a problem
        7/9/2007Sold$159,900$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,580 +4.4%$21,023 -2.4%
        2024$1,512 +31.9%$21,544 -11.9%
        2023$1,146 -0.6%$24,458 +54.3%
        2022$1,154 $15,856 -2.8%
        2021-- $16,312 +10.4%
        2020$2,119 +194.1%$14,777 -0.7%
        2019$721 $14,880 +52.5%
        2018$721 +11.3%$9,759
        2017$648 -5%$9,759 -8.3%
        2016$682 $10,642 -1.6%
        2014-- $10,813
        2013-- $10,813 -23.8%
        2012-- $14,186
        2011-- $14,186 +1.1%
        2010-- $14,034
        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

        60 / 100
        Somewhat Walkable
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Open Enrollment
        • Middle: Open Enrollment
        • High: Open Enrollment

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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