When was property at 198 Mt Elbert built and last sold?

The property at 198 Mt Elbert was built in and last sold on Jun 10, 2021 for $65,000.

How much is this home worth?

The estimated value of the home located at 198 Mt Elbert is $80,699.

What are some comparable homes to 198 Mt Elbert?

There are currently no comparable homes to 198 Mt Elbert.

Twin Lakes

81251

198 Mt Elbert Rd

$79,900

↓ $10K (11.2%)

● Land - For Sale

198 Mt Elbert Rd

Twin Lakes, CO 81251

Studio

0 Bath

$450

Est. Monthly

About This Property

Escape to your own wooded sanctuary on this stunning .92-acre double lot in Twin Lakes, Colorado. Mature pine trees create natural privacy and the perfect backdrop for your mountain dream home. Gently sloping lot and no HOA restrictions.. Conveniently located between historic Leadville and Buena Vista, this property offers endless outdoor adventures and while being less than a half hour to restaurants and local shopping. Enjoy the mountains year round you'll be surrounded by opportunities for skiing, hiking, biking, fishing, and kayaking. Just 45 minutes from Ski Cooper & Copper Mountain. Relax in nearby hot springs after your adventures. In summer, take the scenic Independence Pass drive to Aspen. Whether you're seeking year-round recreation or a peaceful retreat among towering pines, this rare opportunity combines tranquil forest living with convenient access to Colorado's best outdoor activities

Unit Size

Days on Market

Land Size

0.92 acres

Price per sqft

Property Type

Land

Property Taxes

$58

HOA Dues

Year Built

Listed By

Betsy Repaske

[email protected]

Compass- Breckenridge

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (REcolorado MLS #3880585)

Price History

Date / Event	Date	Event
Oct 25, 2025	Price Decreased	$79,900 ↓ $10K (11.2%)
Price Decreased
Aug 22, 2025	Price Decreased	$90,000 ↓ $10K (10%)
Price Decreased
Jun 20, 2025	Listed by Real Broker, LLC DBA Real	$100,000
Listed by Real Broker, LLC DBA Real
Jun 10, 2021	Sold	Premium
Sold
May 10, 2021	Listed by Real Broker, LLC DBA Real	$58,000
Listed by Real Broker, LLC DBA Real
Dec 22, 2017	Sold	Premium
Sold

Property Highlights

Exterior Details

Property Condition: Not New, Previously Owned

Lot Features: Sloped

Lot Size Area: 40075

Lot Size Units: Square Feet

Lot Size Acres: 0.92

Lot Size Square Feet: 40075

Water Source: Well, No Water/Sewer

Financial Details

Tax Annual Amount: $690

Utilities Details

Sewer : No Water/Sewer

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
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 Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 40,075

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: V
Subdivision: MT ELBERT PLAMOR RANCH 1-B
Land Acres: 0000000920
Standard Land Use Code: 8001
County Land Use Code: 100
Legal Description 1: LOTS 115 & 116 TWIN LAKES ADDITION 1-B MT. ELBERT PLAMOR RANCH

Neighborhood

School District Name: Lake County School District R-1

Census Tract: 961900

Geography

Account Number: R003941

Parcel: 290110301093
Lot: 115-116
Municipality: LAKE COUNTY
Latitude: 39.1046
Longitude: -106.325

Address

Full Address: 198 Mount Elbert Dr

Address - House Number: 198
Address - Street Name: Mount Elbert
Address - Suffix Type: Dr
State: CO
City Name: Twin Lakes
Zip Code: 81251

Valuation

Tax

Tax Year: 2023

Tax Amount: $65,880
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 189

Market Valuation

Market Total Value: $29,900

Market Land Value: $29,900

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $8,671
Assessed Land Value: $8,671

Sales

Current Sale Contract Date: Jun 10, 2021

Current Sale Recording Date: Jun 10, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 381637
Previous Sale Recording Date: Dec 22, 2017
Previous Sale Contract Date: Dec 13, 2017
Previous Sale Amount: $5,436
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Twin Lakes

Stats & Trends

Median Asking:

$822,000

Sale Price/ft²

$437

Below Asking

0.03%

Average Days on Market

114

Average Home Size

2030 ft²

Average Home Age

17.8 years

Currently For Sale

20 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

Click here to view more rentals in the neighborhood.

Listed by: Betsy Repaske, Real Broker, LLC DBA Real
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 3880585

© 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.

198 Mt Elbert Rd

About This Property

Listed By

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Twin Lakes

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions