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Park 80440
1583 Lakeside Drive
$92,500
● Land - Off Market

1583 Lakeside Drive

Alma, CO 80420
bedrooms
Studio
bathrooms
0 Bath
$99,262
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Best priced, just under 2 acre lot this close to Breckenridge.  Lower Valley of the Sun, flat, easily accessible, easily buildable lot - build up for views of three 14,000 mountain peaks.  Minutes to world class ski resorts, hiking, gold medal fly-fishing and all the small town charm of Fairplay and Alma, with family friendly concerts and events, shops, restaurants, rec center, etc.  A free shuttle picks up in Fairplay to bring guests to Summit County, and Bustang transports across the state.

Park County allows Short Term Rentals, with the purchase of a license.  Build your income producing property in the mountains.

A lot of this caliber and price won't last long, make plans to check out this lot!
Unit Size
-
Days on Market
-
Land Size
1.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$79
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (REcolorado MLS #REC1987766)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Jan 16, 2023 Listed by Christie's International Real Estate Colorado- Summit Colorado $95,000
Listed by Christie's International Real Estate Colorado- Summit Colorado
Jan 25, 2021 Sold
Premium
Sold
Sep 20, 2017 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Total Rooms: 3
  • Bedroom Count: 0
  • Building Condition: 5
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 78,844
  • Total Building Area: 480
  • Building Area: 480
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: WILDERNESS ACRES
  • Land Acres: 0000001810
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: T09 R78 S25 NW4 WILDERNESS ACRES FILING 2 LOT 02

Neighborhood

  • School District Name: Park County School District RE-2
  • Census Tract: 000300

Geography

  • Account Number: 7822
  • Parcel: R0007822
  • Lot: 2
  • Latitude: 39.2437
  • Longitude: -106.061

    Address

  • Full Address: 1583 Lakeside
  • Address - House Number: 1583
  • Address - Street Name: Lakeside
  • State: CO
  • City Name: Alma
  • Zip Code: 80420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $184,330
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0015

    Appraisal Valuation

  • Standard Deviation: 0.0817
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 181,419
  • High Value: 196,258
  • Low Value: 166,580

    Market Valuation

  • Market Total Value: $53,535
  • Market Land Value: $40,120
  • Market Improvement Value: $13,415

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,525
  • Assessed Land Value: $11,635
  • Assessed Improvements Value: $3,890

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 799744
  • Previous Sale Recording Date: Jan 25, 2021
  • Previous Sale Contract Date: Jan 08, 2021
  • Previous Sale Amount: $500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park

Stats & Trends

Median Asking:

$595,000

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1878 ft²

Average Home Age

32 years

Currently For Sale

585 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Frequently Asked Questions

When was property at 1583 Lakeside Drive built and last sold?
The property at 1583 Lakeside Drive was built in and last sold on Feb 21, 2023 for $92,500.
How much is this home worth?
The estimated value of the home located at 1583 Lakeside Drive is $0.
What are some comparable homes to 1583 Lakeside Drive?
There are currently no comparable homes to 1583 Lakeside Drive.
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