26
Map
$60,000
●
Land -
In Contract
172 Lower Forest Rd
Idaho Springs, CO 80452
Studio
0 Bath
$384
Est. Monthly
$5
HOA / Fees
About This Property
This beautiful residential building lot in the sought-after St.
Mary's Glacier neighborhood offers an exceptional opportunity to
build your dream home in the picturesque setting. Nestled in the
heart of nature, this flat and usable lot provides the perfect
canvas for creating a custom residence surrounded by breathtaking
mountain views and serene landscapes. Enjoy the tranquility of
mountain living with easy access to outdoor activities including
hiking, skiing, and fishing, this prime location is ideal for
outdoor enthusiasts. Don't miss the chance to own a piece of
paradise in this highly coveted neighborhood and make your vision
of mountain living a reality!
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
HOA Dues
$5
Year Built
-
Listed By
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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: 24 days ago (REcolorado MLS #IRE5578846)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed | $60,000 | |
| Listed | |||
| Oct 3, 2025 | No longer available | - | |
| No longer available | |||
| May 25, 2025 | Price Decreased |
$60,000
↓ $5K
(7.7%) | |
| Price Decreased | |||
| Jul 11, 2024 | Listed by Bergen Peak Realty | $65,000 | |
| Listed by Bergen Peak Realty | |||
| | |||
|
This beautiful residential building lot in the sought-after St. Mary's Glacier neighborhood offers an exceptional opportunity to build your dream home in the picturesque setting. Nestled in the heart of nature, this flat and usable lot provides the perfect canvas for creating a custom residence surrounded by breathtaking mountain views and serene landscapes. Enjoy the tranquility of mountain living with easy access to outdoor activities including hiking, skiing, and fishing, this prime location is ideal for outdoor enthusiasts. Don't miss the chance to own a piece of paradise in this highly coveted neighborhood and make your vision of mountain living a reality. Better yet, purchase adjoining lot 171 and double your space!
| |||
Property Highlights
Parking Details
Parking Features: None
Exterior Details
Lot Features: Wooded, Deciduous Trees
Lot Size Area: 15681.6
Lot Size Units: Square Feet
Lot Size Acres: 0.36
Lot Size Square Feet: 15681.6
Water Source: Public, None, Other
Financial Details
Tax Annual Amount: $1,010
Utilities Details
Sewer : None, Other
Location Details
HOA/Condo/Coop Amenities: Trail(s)
HOA Fee: $60
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About St. Mary's
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Listed by: Valli Crockett,
Last Updated: 24 days ago
Data Source: REcolorado MLS, MLS# IRE5578846
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 24 days ago
Data Source: REcolorado MLS, MLS# IRE5578846
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