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1053 Red Moon Rd
About This Property
The property is also ideally positioned at the gateway to Colorado's renowned ski country, providing convenient access to world-class skiing and year-round mountain recreation. Whether commuting to Denver, enjoying the amenities of Evergreen, or heading into the mountains, this location offers the rare combination of seclusion, convenience, and connectivity.
With its proximity to major transportation routes, established amenities, and the highly desirable Evergreen area, this property presents an exceptional opportunity for residential living or short-term rental use.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Listed | $1,495,000 | |
| Listed | |||
| Feb 20, 2025 | Listed by LIV Sotheby's International Realty | $4,450,000 | |
| Listed by LIV Sotheby's International Realty | |||
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This is a truly unique and rare opportunity, offering endless possibilities for development or a dream home. Nestled in the picturesque foothills of Evergreen, Colorado, this 15-acre property provides a blend of natural beauty, convenience, and potential for growth.
The property consists of 10 acres zoned PD (Planned Development), with an Official Development Plan for 18 single-family lots. This stunning enclave features towering pine, mature trees, creating the ideal setting for a residential development. Offering the perfect canvas for builders or developers to bring their vision to life. The development will be serviced with public water and sewer, along with natural gas and electricity from Xcel Energy, making it an even more attractive project. The remaining 5 acres are zoned A-1 and feature a spacious 5,265 square foot home. Currently operating as a successful short-term rental, this home could also serve as a clubhouse for the new development or be re-zoned for additional single or multi-family use. The home has been updated with a new well and septic system, and the surrounding acreage has been extensively fire-mitigated, ensuring safety and peace of mind. Located just off I-70, near the El Rancho Center, this property offers an unbeatable combination of seclusion and accessibility. Enjoy the serenity and natural beauty of mountain living, while being just minutes away from restaurants, shopping, and schools. Located at the gateway to Colorado's best ski resorts and outdoor recreation, making it an ideal spot for those seeking the quintessential mountain lifestyle. With easy access to Denver and surrounding areas ensures unparalleled convenience. Whether you're looking to develop a thriving residential community or simply enjoy the expansive acreage, this property presents an incredible opportunity for growth, investment, or personal enjoyment in a highly coveted location.
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| Dec 26, 2018 | Sold | ||
| Sold | |||
| Dec 24, 2018 | No longer available | - | |
| No longer available | |||
| Sep 28, 2018 | Listed | $695,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017