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  • Price cut: $50K (6/29)
    $399,000

    5146 County Road 550, Walsenburg, CO 81040

    3beds
    2,531sqft
    : 
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    Single Family Residence
    Built in 1900
    10 Acres Lot
    $-- Zestimate®
    $158/sqft
    $-- HOA

    What's special

    Property captures sweeping views
    'If only I could pick up that charming home and place it out in the quiet of the country...'' Here's your chance! This classic 4-bedroom, 2-bath 3000+sq ft Sears home is rich with history, character, and a story that runs deep in the roots of Southern Colorado. Inside, you'll find timeless charm with portions of construction already underway, offering the perfect opportunity to bring your own vision to life. Thoughtful updates are completed and a few in progress, leaving beautiful blank slates for you to add your personal touch while honoring the home's original character. Set on 10 acres, the true magic lies outdoors. Nestled in a peaceful valley, the property captures sweeping views and a sense of stillness. Wildlife is part of your everyday back drop with elk and deer frequently moving through. Whether you're drawn to its history, its potential, or the quiet it offers, this is more than a home-it's a place to create something meaningful, slow down and breathe a little deeper. and a sense of stillness that's hard to put into words. Wildlife is part of your everyday back drop with elk and deer frequently moving through--reminding you daily of the beauty and rhythm of nature. Whether you're drawn to its history, its potential, or the quiet it offers, this is more than a home--it's a place to carry on a legacy, create something meaningful, and truly slow down and breathe a little deeper.
    104 days
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    926
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    71
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Salas 307-460-0872,

    Code of the West Real Estate LLC

    Source: PAR,MLS#: 239133MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 373.32
      • Dimensions: 24.4 x 15.3
      Bedroom 2
      • Level: Upper
      • Area: 145.35
      • Dimensions: 9.5 x 15.3
      Bedroom 3
      • Level: Upper
      • Area: 224.91
      • Dimensions: 14.7 x 15.3
      Dining room
      • Level: Main
      • Area: 241.22
      • Dimensions: 18.4 x 13.11
      Family room
      • Level: Upper
      • Area: 261.67
      • Dimensions: 19.1 x 13.7
      Kitchen
      • Level: Main
      • Area: 356.16
      • Dimensions: 22.4 x 15.9
      Living room
      • Level: Main
      • Area: 250.92
      • Dimensions: 16.4 x 15.3
      Features
      • Ceiling Fan(s)
      • Flooring: Hardwood
      • Basement: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,531
      • Total interior livable area: 2,531 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Garage Detached
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch-Enclosed-Rear
      • Fencing: Metal Fence-Front,Metal Fence-Rear
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 10 Acres
      • Features: Corner Lot, Irregular Lot, Trees-Front, Trees-Rear
      Details
      • Additional structures: Outbuilding
      • Parcel number: 42540
      • Zoning: R
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1900

      Community & HOA

      Community
      • Subdivision: Walsenburg
      Location
      • Region: Walsenburg

      Financial & listing details

      • Price per square foot: $158/sqft
      • Tax assessed value: $304,424
      • Annual tax amount: $1,492
      • Date on market: 4/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$399,000-11.1%$158/sqft
        Source: PAR #239133 Report a problem
        6/11/2026Price change$449,000-4.5%$177/sqft
        Source: PAR #239133 Report a problem
        5/16/2026Price change$470,000-5.1%$186/sqft
        Source: PAR #239133 Report a problem
        4/4/2026Listed for sale$495,000+175%$196/sqft
        Source: Spanish Peaks MLS #26-268 Report a problem
        8/31/2017Sold$180,000-82.3%$71/sqft
        Source: Public Record Report a problem
        6/22/2007Sold$1,018,800$403/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$987 +0.9%$19,027 +48.7%
        2024$978 +16.7%$12,799 -23.1%
        2023$838 -8%$16,644 +49.3%
        2022$911 $11,149
        2021-- $11,149 +11.2%
        2020$735 +34.1%$10,029 -0.7%
        2019$548 0%$10,099 +37.3%
        2018$548 +0.9%$7,355
        2017$543 +2.5%$7,355 -10%
        2016$530 $8,172
        2015$530 $8,172 +1.1%
        2014$530 $8,085
        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: 81040

        Getting around

        0 / 100
        Car-Dependent
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: RE-1

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

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