Beautifully built 3-bedroom, 3-bath home just minutes from in-town Paonia, Colorado, with stunning valley views. Enjoy the perfect balance of peaceful country living and convenient access to everything Paonia has to offer; shops, restaurants, parks, and community amenities are only a short drive away. This thoughtfully designed residence offers over 2,900 square feet of well-planned living space, plus a non-conforming bedroom on the lower level, plenty of room to suit a variety of lifestyles. Step into a bright, open-concept living and kitchen area flooded with natural light. The kitchen features generous cabinetry, ample counter space, and a functional layout ideal for both everyday living and entertaining. The spacious primary suite offers updated finishes and private deck access, perfect for unwinding while taking in the views. The fully finished lower level provides versatile bonus space ideal for a gym, media room, home office, or guest suite, complete with an additional room and full bath. An oversized garage offers abundant room for storage and projects. Move-in ready and carefully finished throughout. Sellers are ready to review offers, don’t miss this opportunity.
Active
Price cut: $30.9K (8/10)
$469,000
40550 German Creek Drive, Paonia, CO 81428
3beds
2,946sqft
Stick Built
Built in 2007
0.85 Acres Lot
$446,700 Zestimate®
$159/sqft
$-- HOA
What's special
Stunning valley viewsAmple counter spaceKitchen features generous cabinetry
- 459 days
- 499
- 33
Zillow last checked:
Listing updated:
Listed by:
Jocelyn Wiggins 970-765-5251,
WesternColoradoRealty.com
Source: CREN,MLS#: 824765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Primary bedroom
- Level: Upper
Dining room
- Features: Kitchen/Dining
Heating
- Hot Water Baseboard, Pellet Stove
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Flooring: Vinyl
- Basement: Walk-Out Access,Finished
Interior area
- Total structure area: 2,946
- Total interior livable area: 2,946 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Basement
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s), Valley
Lot
- Size: 0.85 Acres
- Features: Cul-De-Sac
Details
- Parcel number: 324507103014
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Materials
- Wood Siding
- Roof: Architectural Shingles
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Internet, Natural Gas Connected
Community & HOA
Community
- Subdivision: German Creek
HOA
- Has HOA: Yes
- HOA name: German Creek
Location
- Region: Paonia
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $494,473
- Annual tax amount: $1,901
- Date on market: 5/30/2025
- Has irrigation water rights: Yes
- Electric utility on property: Yes
Estimated market value
$446,700
$424,000 - $469,000
$2,684/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $469,000-6.2%$159/sqft |
Source: | ||
| 7/8/2026 | Listed for sale | $499,900$170/sqft |
Source: | ||
| 7/6/2026 | Contingent | $499,900$170/sqft |
Source: | ||
| 5/3/2026 | Price change | $499,900-4.8%$170/sqft |
Source: | ||
| 1/13/2026 | Price change | $524,900-2.8%$178/sqft |
Source: | ||
| 8/1/2025 | Price change | $539,900-3.1%$183/sqft |
Source: | ||
| 5/30/2025 | Listed for sale | $557,000+179.9%$189/sqft |
Source: | ||
| 7/8/2010 | Sold | $199,000+121.1%$68/sqft |
Source: Public Record Report a problem | ||
| 9/21/2006 | Sold | $90,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,902 +5% | $30,905 +5.6% |
| 2024 | $1,810 +21.3% | $29,255 -9.3% |
| 2023 | $1,492 -0.3% | $32,245 +38.3% |
| 2022 | $1,497 | $23,317 -2.8% |
| 2021 | -- | $23,989 +17.1% |
| 2020 | $1,298 -3.3% | $20,484 -0.7% |
| 2019 | $1,342 | $20,627 +0.7% |
| 2018 | $1,342 +12.9% | $20,486 |
| 2017 | $1,189 +39.3% | $20,486 +33.8% |
| 2016 | $853 +1.6% | $15,315 -8.2% |
| 2014 | $840 | $16,686 |
| 2013 | -- | $16,686 +18.6% |
| 2012 | -- | $14,072 |
| 2011 | -- | $14,072 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81428
Nearby schools
Schools provided by the listing agent
- Elementary: Open Enrollment
- Middle: Open Enrollment
- High: Open Enrollment
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




