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Sold for $1,483,000
  • $1,483,000

    551 Reservoir Dr, Loveland, CO 80537

    5beds
    5,004sqft
    Single Family Residence
    Built in 2020
    2.24 Acres Lot
    $1,608,000 Zestimate®
    $296/sqft
    $4,800 Estimated rent

    Home value

    $1,608,000

    $1.51M - $1.72M

    $4,800/mo

    Zestimate® history
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    What's special

    Stunning Multi-Generational Home with Breathtaking Views. Nestled on a sprawling 2.24-acre lot, this custom built 5 bedroom, 5 bathroom home offers spectacular 360 degree views of the foothills, city, and both Flatiron & Chimney Hollow Reservoirs. Step inside to discover a modern, open-concept floor plan that seamlessly blends the beauty of the outdoors with contemporary comfort. The primary bedroom is a luxurious retreat with its own sitting area. The 5-piece primary bathroom, complete with a walk-in shower and freestanding tub, adds to the sense of opulence. A see-through stone fireplace links the formal dining room and living room, creating a warm and inviting atmosphere. 2 more spacious bedrooms, 2 additional bathrooms, a kitchen with eat-in area, an office and a laundry room, complete the main floor. The newly finished walkout basement is designed for multi-generational living, featuring two additional bedrooms, two bathrooms, a living room, a full kitchen, and a second laundry room. This space is perfect for extended family members or guests. Multiple patios provide the perfect setting to enjoy the breathtaking views and abundant wildlife year-round. The property includes a heated 3-car garage, a heated concrete driveway, and a heated front porch, ensuring comfort and convenience during the winter months. The availability of plans for a future shop allows you to further customize the property to your liking. With its unique multi-generational living setup and stunning views, this home is a rare find.

    Zillow last checked:

    Listing updated:

    Listed by:

    Phillip Rangel 970-388-2100,

    Rangel Realty

    Bought with:

    Benjamin Cole, 100082777

    Coldwell Banker Realty- Fort Collins

    Source: IRES as distributed by MLS GRID,MLS#: 997881MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    Primary bedroom
    • Description: Carpet
    • Features: Luxury Features Primary Bath, 5 Piece Primary Bath
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 18 x 14
    Bedroom 2
    • Description: Carpet
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 15 x 17
    Bedroom 3
    • Description: Carpet
    • Level: Main
    • Area: 306 Square Feet
    • Dimensions: 18 x 17
    Bedroom 4
    • Description: Carpet
    • Level: Basement
    • Area: 204 Square Feet
    • Dimensions: 12 x 17
    Bedroom 5
    • Description: Luxury Vinyl
    • Level: Basement
    • Area: 306 Square Feet
    • Dimensions: 17 x 18
    Dining room
    • Description: Hardwood
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Family room
    • Description: Luxury Vinyl
    • Level: Basement
    • Area: 357 Square Feet
    • Dimensions: 21 x 17
    Great room
    • Description: Hardwood
    • Level: Main
    • Area: 378 Square Feet
    • Dimensions: 21 x 18
    Kitchen
    • Description: Hardwood
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18 x 13
    Laundry
    • Description: Ceramic Tile
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 10 x 9
    Recreation room
    • Description: Luxury Vinyl
    • Level: Basement
    • Area: 280 Square Feet
    • Dimensions: 14 x 20
    Study
    • Description: Hardwood
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15 x 11
    Heating
    • Forced Air, Humidity Control
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Gas Range, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Disposal
    • Laundry: Washer/Dryer Hookup
    Features
    • Eat-in Kitchen, Separate Dining Room, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island, High Ceilings, Crown Molding
    • Flooring: Wood
    • Windows: Window Coverings
    • Basement: Full,Partially Finished,Walk-Out Access,Built-In Radon
    • Has fireplace: Yes
    • Fireplace features: Gas, Gas Log, Great Room, Dining Room
    Interior area
    • Total structure area: 2,502
    • Total interior livable area: 5,004 sqft
    • Finished area above ground: 2,502

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Heated Garage, Oversized
    • Attached garage spaces: 3
    • Details: Attached
    Accessibility
    • Accessibility features: Low Carpet, Accessible Doors, Main Floor Bath, Accessible Bedroom, Main Level Laundry
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Sprinkler System
    • Has view: Yes
    • View description: Hills, City, Water, Panoramic
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2.24 Acres
    • Features: Native Plants, Sloped, Abuts Private Open Space, Mineral Rights Excluded
    Details
    • Parcel number: R1643675
    • Zoning: O
    • Special conditions: Private Owner
    • Horses can be raised: Yes
    • Horse amenities: Horse(s) Allowed, Zoning Appropriate for 2 Horses

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stone, Stucco
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 2020
    Details
    • Builder model: Ranch

    Utilities & green energy

    • Electric: PVREA
    • Gas: Propane
    • Sewer: Septic Tank
    • Water: District
    • Utilities for property: Electricity Available, Propane, Satellite Avail, High Speed Avail
    Green energy
    • Energy efficient items: Windows, High Efficiency Furnace

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Security System, Fire Alarm
    • Subdivision: Pittington Rlup 05-S2447
    HOA
    • Has HOA: Yes
    • Services included: Snow Removal
    • HOA fee: $600 annually
    • HOA name: Pittington Ranch HOA
    Location
    • Region: Loveland

    Financial & listing details

    • Price per square foot: $296/sqft
    • Tax assessed value: $1,316,600
    • Annual tax amount: $4,710
    • Date on market: 10/11/2023
    • Listing terms: Cash,Conventional
    • Exclusions: Patio furniture, personal property, flower pots and decor, washer/dryer, garage fridge.
    • Electric utility on property: Yes
    • Road surface type: Gravel

    Price history

    DateEventPrice
    4/4/2024Sold$1,483,000-1.1%$296/sqft
    Source: IRES as distributed by MLS GRID #997881 Report a problem
    3/3/2024Pending sale$1,500,000$300/sqft
    Source: REcolorado as distributed by MLS GRID #IR997881 Report a problem
    2/27/2024Listed for sale$1,500,000$300/sqft
    Source: IRES as distributed by MLS GRID #997881 Report a problem
    2/4/2024Pending sale$1,500,000$300/sqft
    Source: REcolorado as distributed by MLS GRID #IR997881 Report a problem
    10/13/2023Listed for sale$1,500,000+607.5%$300/sqft
    Source: IRES as distributed by MLS GRID #997881 Report a problem
    8/12/2019Sold$212,000$42/sqft
    Source: IRES as distributed by MLS GRID #853109 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,353 +14.6%$82,288 +6.2%
    2024$6,417 +36.2%$77,506 -1%
    2023$4,710 +24%$78,257 +41.8%
    2022$3,798 +705.5%$55,190 +24.6%
    2021$472 $44,297 +708.3%
    2020-- $5,480 +32135.3%
    2019$7 $17
    2018$7 $17
    2017$7 +3.2%$17 +13.3%
    2016$6 +1.8%$15 +50%
    2015$6 $10 -100%
    2010-- $42,310 -1.4%
    2009-- $42,920 +29.9%
    2008-- $33,030
    Find assessor info on the county website

    Neighborhood: 80537

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Namaqua,Big Thompson
    • Middle: Clark (Walt)
    • High: Thompson Valley

    Source: IRES 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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    Estimated market value
    $1,608,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,608,000