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1649 Elk Valley Dr
About This Property
Nestled among the towering pines and dramatic rock outcroppings of Evergreen, this meticulously maintained home offers stunning panoramic mountain vistas that seem to stretch forever. Enjoy the serenity of mountain living without sacrificing accessibility-located just minutes from I-70, providing an easy commute to Denver and quick access to some of Colorado's most sought-after destinations.
Whether you're heading to world-class skiing in Summit County, exploring nearby hiking and biking trails, or enjoying Evergreen's charming downtown filled with restaurants, boutiques, galleries, and community events, this location offers the best of both worlds. Downtown Evergreen, Evergreen Lake, schools, shopping, and everyday conveniences are all just a short drive away.
Inside, pride of ownership shines throughout. This lovingly cared-for home offers comfortable living spaces designed to capture the surrounding beauty, with large windows that bring the outdoors in and allow natural light to fill every room. The thoughtful layout provides both functionality and warmth, creating the perfect setting for everyday living and entertaining alike.
Step outside and experience true Colorado living. Relax on the deck while watching the sunrise over the mountains, enjoy wildlife sightings from your own backyard, or unwind under the stars in the peaceful mountain setting. The property offers a rare combination of privacy, usable outdoor space, and spectacular scenery.
Whether you're seeking a full-time residence, mountain getaway, or the ideal Colorado lifestyle property, 1649 Elk Valley Drive delivers an extraordinary opportunity to own a slice of Evergreen paradise. Mountain living has never been this convenient.
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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 |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$799,000
↓ $16K
(2%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed | $815,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017