Elk Ridge Run Ranch is a premier mountain estate situated in the heart of the scenic Elk River Valley. The property perfectly balances secluded mountain living with convenient city access, offering unmatched privacy and panoramic alpine views.
The immaculate 3,800+ square foot main residence features 3 bedrooms, 3.5 bathrooms, and an expansive open-concept living area highlighted by vaulted ceilings, a dramatic stone fireplace, and sweeping southern views of the ski area and Sleeping Giant. The lower level includes a spacious family room with two existing closets, offering an easy conversion to a fourth bedroom.
Designed for both comfort and entertaining, the home includes a private hot tub, sauna, dedicated fly-fishing room, multiple walk-out decks, and abundant natural light throughout. Recent seller upgrades include a new roof, fresh exterior paint and staining, upgraded water system, restored landscaping, expanded and sealed driveway, and a new irrigation system.
The impressive barn and recreation building features over 1,700 square feet of newly finished flexible space ideal for a game room, fitness area, or entertaining retreat. Equestrian amenities include 3 premium horse stalls, extensive storage, and 4 oversized garage bays, complemented by an additional attached 2-car garage at the main house — perfect for snowmobiles, trailers, fishing gear, and all your mountain toys. Outdoor amenities abound with a private tennis court, trail system, abundant wildlife, and a storage shed. The property also offers the opportunity to restore a former pond and water feature, creating an even more spectacular landscape setting. Ideally positioned near the Elk River, Steamboat Lake, and millions of acres of National Forest, this property provides immediate access to world-class skiing, hiking, fly-fishing, snowmobiling, horseback riding, and endless year-round recreation. Well reports indicate exceptional water production. Furnishings and equipment are negotiable.
Sold for $4,032,000
$4,032,000
44500 Diamondback Way, Steamboat Springs, CO 80487
4beds
3,896sqft
Single Family Residence
Built in 1994
35 Acres Lot
$4,028,700 Zestimate®
$1,035/sqft
$6,539 Estimated rent
Home value
$4,028,700
$3.75M - $4.31M
$6,539/mo
Zestimate® history
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List your homeWhat's special
Dramatic stone fireplaceAbundant wildlifePanoramic alpine viewsStorage shedPrivate hot tubTrail systemVaulted ceilings
Zillow last checked:
Listing updated:
Listed by:
Sunny Zivanovic (970)846-1574,
Steamboat Sotheby's International Realty
Bought with:
Tammy Ramsay, FA100082550
The Station Real Estate Comp
Source: Altitude Realtors,MLS#: S1068975
Originating MLS: Steamboat Springs Board of Realtors
Originating MLS: Steamboat Springs Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Primary bathroom
- Level: Main
Bathroom
- Level: Basement
Bathroom
- Level: Basement
Bonus room
- Level: Basement
Dining room
- Level: Main
Half bath
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Mud room
- Level: Main
Heating
- Baseboard, Radiant
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Washer, Washer/Dryer
- Laundry: In Unit
Features
- Eat-in Kitchen, Five Piece Bathroom, Fireplace, Granite Counters, High Ceilings, High Speed Internet, Hot Tub/Spa, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Sauna, Vaulted Ceiling(s), Wired for Data, Walk-In Closet(s), Utility Room
- Flooring: Carpet, Tile, Wood
- Basement: Exterior Entry,Full,Interior Entry,Walk-Out Access,Finished,Heated
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total interior livable area: 3,896 sqft
Property
Parking
- Parking features: Attached, Concrete, Electric Vehicle Charging Station(s), Finished Garage, Garage, Heated Garage, Insulated Garage, Oversized, Parking Lot, Three or more Spaces, See Remarks, Storage
- Has attached garage: Yes
Features
- Levels: Two,Multi/Split
- Has view: Yes
- View description: Meadow, Mountain(s), Ski Area, Valley, Trees/Woods
Lot
- Size: 35 Acres
- Features: See Remarks
Details
- Additional structures: Barn(s), Other, Stable(s), Shed(s)
- Parcel number: R6206468
- Zoning description: Agricultural
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Log, Concrete
- Roof: Asphalt,Metal
Condition
- Resale
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well, Water Rights
- Utilities for property: Cable Available, Electricity Available, High Speed Internet Available, Propane, Trash Collection, Septic Available
Community & HOA
Community
- Features: Trails/Paths
- Subdivision: Elk River Mountain Ranch Subdivision
HOA
- Has HOA: Yes
- HOA fee: $6,500 annually
Location
- Region: Steamboat Springs
Financial & listing details
- Price per square foot: $1,035/sqft
- Tax assessed value: $3,008,330
- Annual tax amount: $9,486
- Date on market: 5/23/2026
- Exclusions: No, TBD
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $4,032,000+1.1%$1,035/sqft |
Source:  Altitude Realtors #S1068975 Report a problem | ||
| 6/5/2026 | Pending sale | $3,990,000$1,024/sqft |
Source: Altitude Realtors #S1068975 Report a problem | ||
| 5/23/2026 | Listed for sale | $3,990,000+42.5%$1,024/sqft |
Source: Altitude Realtors #S1068975 Report a problem | ||
| 4/9/2024 | Sold | $2,800,000$719/sqft |
Source: Altitude Realtors #SS2048551 Report a problem | ||
| 3/7/2024 | Pending sale | $2,800,000$719/sqft |
Source: Altitude Realtors #SS2048551 Report a problem | ||
| 3/4/2024 | Listed for sale | $2,800,000-12.5%$719/sqft |
Source: Altitude Realtors #SS2048551 Report a problem | ||
| 3/20/2023 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 2/16/2023 | Listed for sale | $3,200,000+20.8%$821/sqft |
Source: RE/MAX International Report a problem | ||
| 10/8/2021 | Sold | $2,650,000+20.5%$680/sqft |
Source: Altitude Realtors #SS8692869 Report a problem | ||
| 7/10/2018 | Listing removed | $2,200,000$565/sqft |
Source: COLORADO GROUP REALTY #3306929 Report a problem | ||
| 5/23/2018 | Listed for sale | $2,200,000+39.7%$565/sqft |
Source: COLORADO GROUP REALTY #3306929 Report a problem | ||
| 11/13/2015 | Sold | $1,575,000+8.6%$404/sqft |
Source: Altitude Realtors #SSS141746 Report a problem | ||
| 12/16/2013 | Sold | $1,450,000$372/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,879 +2.9% | $201,560 |
| 2023 | $9,605 +32% | $201,560 +73.5% |
| 2022 | $7,276 +3.8% | $116,190 +0.8% |
| 2021 | $7,008 +5.6% | $115,300 +4.1% |
| 2020 | $6,636 +3.1% | $110,800 |
| 2019 | $6,435 +31.1% | $110,800 +37.9% |
| 2017 | $4,907 -9% | $80,350 -15.2% |
| 2016 | $5,390 +12.2% | $94,730 |
| 2015 | $4,803 +3% | $94,730 +7.1% |
| 2014 | $4,664 +1.8% | $88,420 -10.1% |
| 2012 | $4,581 | $98,380 +6.4% |
| 2010 | -- | $92,490 +29.7% |
| 2009 | -- | $71,290 +3.1% |
| 2008 | -- | $69,150 |
| 2007 | -- | $69,150 +14.4% |
| 2005 | -- | $60,450 |
Find assessor info on the county website
Neighborhood: 80487
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Nearby schools
GreatSchools rating
- 7/10Sleeping Giant SchoolGrades: PK-8Distance: 4 mi
- 7/10Steamboat Springs High SchoolGrades: 9-12Distance: 7 mi
Schools provided by the listing agent
- Elementary: Sleeping Giant
- Middle: Sleeping Giant
- High: Steamboat Springs
Source: Altitude Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Colorado
- Routt County
- Steamboat Springs
- 80487
- 44500 Diamondback Way
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