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Elbert 80106
24662 Kolstad Loop
$245,000
● Land - Off Market

24662 Kolstad Loop

Elbert, CO 80106
bedrooms
Studio
bathrooms
0 Bath
$268,806
RealtyHop Estimate
-2.25%
Since Jun 1, 2023
CO-Denver
Primary Model

About This Property

Welcome home! This amazing land is just waiting for you to build your dream home on it! Located on a corner lot in the highly coveted Kelly Air Park, this almost 5 acre lot is ready for your breathtaking dream to become reality. It's a one-of-a-kind lot offering IMMACULATE views of the front range and Pikes Peak. Whether you are a pilot or not, this private community features it's own paved runway, and a gravel/turf crosswind runway. This property has direct access to the crosswind runway. The airpark is exclusive to property owners in the community. You will not be disappointed by the views, lot size, or the amenities this community has to offer. Start building today!!!
Unit Size
-
Days on Market
-
Land Size
4.83 acres
Price per sqft
-
Property Type
Land
Property Taxes
$129
HOA Dues
$133
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: 2 years ago (REcolorado MLS #4304677)

Price History

Date / Event Date Event Price
May 10, 2023 Sold
Premium
Sold
Oct 6, 2022 Listed by RE/MAX Alliance $275,000
Listed by RE/MAX Alliance
Oct 6, 2021 No longer available -
No longer available
Jul 22, 2021 Sold
Premium
Sold
Jun 12, 2021 Listed by RE/MAX Alliance $160,000
Listed by RE/MAX Alliance
Show More

Property Highlights

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
  • Living Units: 1
  • 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: 210,395
  • 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: KELLY AIR PARK
  • Land Acres: 0000004830
  • Standard Land Use Code: 8001
  • County Land Use Code: 0400
  • Legal Description 1: SECTION: 35 TOWNSHIP: 9 RANGE: 65 SUBDIVISION: KELLY AIR PARK LOT: 13

Neighborhood

  • School District Name: Elbert School District 200
  • Census Tract: 961209

Zoning

  • Zoning: PUD

Geography

  • Account Number: R110429
  • Parcel: R110429
  • Lot: 13
  • Meridian: SEC 35 TWN 9S RNG 65E
  • Municipality: ELBERT
  • Latitude: 39.2257
  • Longitude: -104.644

    Address

  • Full Address: 24662 Kolstad Loop
  • Address - House Number: 24662
  • Address - Street Name: Kolstad
  • Address - Suffix Type: Loop
  • State: CO
  • City Name: Elbert
  • Carrier Code: R003
  • 4-Digit Zip Code: 9526
  • Zip Code: 80106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $205,108
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 18

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $115,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,090
  • Assessed Land Value: $32,090

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 626647
  • Previous Sale Recording Date: Jul 22, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Amount: $138,750
  • Previous Sale Document Type: 68
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 Elbert

Stats & Trends

Median Asking:

$678,225

Sale Price/ft²

$280

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2818 ft²

Average Home Age

22.1 years

Currently For Sale

343 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

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REcolorado

Listed by: Cathrine Coots, RE/MAX Alliance
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 4304677
© 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.

Frequently Asked Questions

When was property at 24662 Kolstad Loop built and last sold?
The property at 24662 Kolstad Loop was built in and last sold on May 4, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 24662 Kolstad Loop is $277,750.
What are some comparable homes to 24662 Kolstad Loop?
There are currently no comparable homes to 24662 Kolstad Loop.
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