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For sale by owner
  • Price cut: $4K (7/7)
    $565,000

    565 Panorama Way, Crestone, CO 81131

    2beds
    1,415sqft
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    SingleFamily
    Built in 2004
    1.98 Acres Lot
    $-- Zestimate®
    $399/sqft
    $57/mo HOA

    Overview

    Listed beneath a recent appraised value. Buyer Agents WELCOME! This will be our fourth successful FSBO transaction. We are experienced, organized sellers who understand the process and work cooperatively with buyers and buyer agents to ensure a smooth transaction. This enchanting mountain “treehouse” is a place where wonder and stillness meet. Hidden among the whispering hills of the Sangre de Cristo Range, this storybook chalet feels like a sanctuary suspended between earth and sky. Cradled by towering Ponderosa pines, shimmering aspens, and native woodland, the home rests gently on two lovingly tended acres, offering a rare harmony of comfort, beauty, and soul-soothing quiet. Vast valley and mountain vistas unfold in every direction, inviting you to slow down, breathe deeply, and simply be. Step inside, and a soft, welcoming warmth embraces you. Sunlight drifts through every window and filling the home with a glow. The living space beckons you to curl up as snow falls in hushed silence beyond the glass. Above, a loft—perfect as a peaceful office or dreamy third bedroom—opens to a balcony where the night sky reveals its secrets of endless stars. The kitchen and baths have been thoughtfully reimagined with textures that feel both grounded and refined. Leathered Desert Canyon granite, rich with natural edges, brings the wild indoors, while custom vanities and soft lighting create spaces of calm and quiet restoration. Subtle details add a gentle elegance that flows throughout the home. Every element has been curated for ease and comfort, blending modern updates with rustic charm. Outdoors, the magic deepens. A nearby creek hums its tranquil song, audible from sunlit decks and shaded patios. A geodesic dome greenhouse, complete with a solar-powered waterfall, offers a space to nurture life year-round. Here, the mountains are not distant views but daily companions. Less than 200 yards from the back door, the trail rises into wild forests, crystalline lakes, and the spiritual heart of the Sangre de Cristo Mountains. Here, time softens, and the world feels beautifully distant. Perched at the crown of the cherished Chalet I community, this home sits between vast protected landscapes, offering both a sense of belonging and boundless exploration. It is a rare balance—connection without compromise, solitude without isolation. This is more than a home—it is a retreat of the spirit, a haven of light and stillness, a place where nature and comfort intertwine. If you’ve been longing for a life touched by beauty, serenity, and a little bit of magic, you may have just found it. Please note: the home is currently owner-occupied and used for remote work, so presence during showings may be required. We strive to accommodate buyers whenever possible. A 24-hour notice is greatly appreciated. Our home is not available for rent-to-own, and owner financing is not available. Recent upgrades include: Custom-built bathroom vanities and custom-made lighting Updated bathroom faucets and plumbing Leathered Desert Canyon granite with live edge Updated kitchen sink and faucet Oil-rubbed bronze cabinet and door hardware throughout Updated electrical switches, plates, and GCFIs Low-maintenance Trex deck with custom framing from salvaged beetle-kill timber Professionally mitigated 2-acre property
    What the owner loves about this home
    Say farewell to the tangled lines above and welcome a world where the sky stretches endlessly, unbroken and free. No electrical poles, no electrical wires—just pure, uninterrupted beauty. And the magic doesn’t stop there. There’s no need for the worry or upkeep of septic systems or wells—this home is effortlessly connected to public water and sewer. What we love most about this home is the feeling it gives us every single day—it truly feels like a peaceful retreat. There’s something magical about with those wide, open mountain views stretching out in every direction. An uncommon offering with near-immediate access to some of Colorado's most awe-inspiring terrain: 14er trailheads, national forest and alpine lakes are practically outside our back door. Whether we’re sitting on the deck listening to the nearby creek or watching the stars from the balcony, it always reminds us how special this place is. We’ve put a lot of care into updating the kitchen and bathrooms, so they feel both beautiful and connected to the natural surroundings—everything has a calm, grounded feel that we really cherish. We also love how versatile the space is. The loft has been such a peaceful spot to work and reflect, but it can easily become an extra bedroom. It’s a place where life slows down in the best way, and where we’ve felt both inspired and at peace. This home has truly been a sanctuary for us.
    74 days
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    549
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    32
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    Listed by:

    Property Owner (303) 250-4100

    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: 2
      Heating
      • Baseboard, Other, Stove, Electric, Other, Wood / Pellet
      Cooling
      • Other
      Appliances
      • Included: Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • Ceiling Fan(s), T&G Ceilings, Vaulted Ceiling(s), Laminate Counters, Built-in Features, Pantry
      • Flooring: Tile, Hardwood
      • Windows: Double Pane Windows, Window Coverings
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Wood Burning, Wood Burning Stove, Free Standing, Great Room
      Interior area
      • Total interior livable area: 1,415 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off-street
      Features
      • Patio & porch: Covered, Deck, Patio, Wrap Around, Front Porch
      • Exterior features: Other, Stone, Stucco, Wood, Cement / Concrete
      • Has view: Yes
      • View description: Mountain
      Lot
      • Size: 1.98 Acres
      • Features: Landscaped, Rock Outcropping, Greenbelt, Sloped, Corner Lot, Mountainous
      • Residential vegetation: Wooded, Pine, Sagebrush, Pinon Pines
      Details
      • Parcel number: 460505000850

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

      • Sewer: Community
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Tennis Court(s)
      • Services included: Road Maintenance
      • HOA fee: $57 monthly
      Location
      • Region: Crestone

      Financial & listing details

      • Price per square foot: $399/sqft
      • Tax assessed value: $302,391
      • Annual tax amount: $2,243
      • Date on market: 5/2/2026
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,065/mo

        Price history

        DateEventPrice
        7/7/2026Price change$565,000-0.7%$399/sqft
        Source: Owner Report a problem
        6/28/2026Price change$569,000-0.2%$402/sqft
        Source: Owner Report a problem
        6/9/2026Price change$570,000-0.7%$403/sqft
        Source: Owner Report a problem
        6/2/2026Price change$574,000-0.2%$406/sqft
        Source: Owner Report a problem
        5/2/2026Listed for sale$575,000+9.5%$406/sqft
        Source: Owner Report a problem
        9/9/2025Listing removed--
        Source: Owner Report a problem
        8/12/2025Price change$525,000-7.1%$371/sqft
        Source: Owner Report a problem
        7/28/2025Price change$565,000-1.7%$399/sqft
        Source: Owner Report a problem
        7/21/2025Price change$575,000-1.7%$406/sqft
        Source: Owner Report a problem
        7/8/2025Listed for sale$585,000+27.2%$413/sqft
        Source: Owner Report a problem
        8/12/2022Sold$460,000+87.8%$325/sqft
        Source: Public Record Report a problem
        3/2/2020Sold$245,000-1.6%$173/sqft
        Source: Public Record Report a problem
        12/19/2019Pending sale$249,000$176/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        9/21/2019Price change$249,000-5.7%$176/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        8/27/2019Price change$264,000-1.9%$187/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        7/31/2019Price change$269,000-2.2%$190/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        6/8/2019Price change$275,000-4.8%$194/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        5/23/2019Listed for sale$289,000$204/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        3/21/2019Pending sale$289,000$204/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        12/19/2018Listed for sale$289,000+572.1%$204/sqft
        Source: Darlene Yarbrough Real Estate LLC #9219815 Report a problem
        8/2/2016Listing removed$43,000$30/sqft
        Source: Owner #3047578 Report a problem
        8/19/2015Listed for sale$43,000-79.2%$30/sqft
        Source: Owner #3047578 Report a problem
        8/3/2009Sold$207,000$146/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,243 -20.4%$18,900 -16.7%
        2024$2,817 +79.9%$22,694
        2023$1,566 -3.9%$22,694 +83.5%
        2022$1,629 $12,366 +2.4%
        2021-- $12,080
        2020$1,634 -0.4%$12,080
        2019$1,641 -2.3%$12,080 -0.7%
        2018$1,679 -0.7%$12,164
        2017$1,691 $12,164 -9.6%
        2015-- $13,458 -9.1%
        2014-- $14,812
        2013-- $14,812
        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: 81131

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Crestone Charter
        • Middle: Crestone Charter
        • High: Moffat
        • District: Moffat 2

        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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