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Palmer Lake 80133
261 Pinecrest Way
$825,000
● House - Off Market

261 Pinecrest Way

Palmer Lake, CO 80133
bedrooms
5 Beds
bathrooms
2 Baths
square feet
4,033 Ft²
$4,444
Est. Monthly
$42
HOA / Fees

About This Property

~BACK WITH A NEW & IMPROVED DRIVEWAY~ You'll feel like you're living in your own mountain oasis in this Palmer Lake home. Imagine waking each morning to a herd of deer wandering through the open pasture beyond your yard, with sweeping Front Range views in the distance. Set on a spacious 0.86-acre lot, this home blends the charm of Palmer Lake living with the comfort of modern construction. The thoughtfully designed ranch floor plan offers the ease of main-level living with the primary suite & laundry on the main floor. A finished walk-out basement with kitchenette expands the home's possibilities with generous space for guests, entertaining, or multi-generational living. 3 separate zones for heating & cooling provides customizable comfort & lower utility bills. Take in the views toward town from the covered front porch, where you can spot the historic Palmer Lake Star during the holidays & the Fourth of July fireworks. Step inside to soaring vaulted ceilings & an inviting, light-filled living space. The room just off the entry offers incredible flexibility & could be used for a formal dining room, sitting room, library, or listening lounge. The kitchen features hardwood floors, granite countertops, crisp white cabinetry, & plenty of eat-in dining space. Upstairs, a cozy loft filled with natural light makes a perfect hobby room, craft space, or playroom. The spacious main-level primary suite includes a spa-like bathroom with walk-in shower & large jetted tub. Two additional bedrooms & a full guest bath complete the main floor. Downstairs, the walk-out basement offers newer LVP flooring, a wood-burning stove, kitchenette with full refrigerator, two generous bedrooms, another bathroom, & a rec room with unfinished space ideal for a workshop and storage. Limitless outdoor recreation-hiking, biking, fishing, kayaking, and more-plus beloved community events throughout the year, life in Palmer Lake is truly something special!
Unit Size
4,033 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$205
Property Type
House
Property Taxes
$351
HOA Dues
$42
Year Built
2000

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Last updated: 3 months ago (REcolorado MLS #IRE2617090)

Price History

Date / Event Date Event Price
Aug 7, 2026 Withdrawn -
Withdrawn
Jul 6, 2026 Relisted $760,000
Relisted
Jun 26, 2026 Withdrawn -
Withdrawn
May 31, 2026 Price Decreased $825,000
↓ $25K (2.9%)
Price Decreased
Apr 30, 2026 Price Decreased $850,000
↓ $20K (2.2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,142
  • Garage Type: 1
  • Garage Square Area: 744
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 37,335
  • Total Building Area: 5,206
  • Gross Building Area: 5,518
  • Building Area: 3,645
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,645
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINECREST AT PALMER LAKE FIL TWO
  • Land Acres: 0000000857
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: LOT 5 PINECREST AT PALMER LAKE FIL TWO AMENDED FINAL PLAT

Neighborhood

  • School District Name: Lewis-Palmer School District 38
  • School Tax School District: PDZ
  • Census Tract: 003713

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: Aug 11, 2067
  • Parcel: 71082-01-036
  • Lot: 5
  • Municipality: LEWIS-PALMER 38
  • Latitude: 39.1127
  • Longitude: -104.916

    Address

  • Full Address: 261 Pinecrest Way
  • Address - House Number: 261
  • Address - Street Name: Pinecrest
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Palmer Lake
  • Carrier Code: R777
  • 4-Digit Zip Code: 5104
  • Zip Code: 80133

Valuation

    Tax

  • Total Area: 4,462
  • Tax Year: 2022
  • Tax Amount: $322,973
  • Tax Rate Code Area: PDZ

    Appraisal Valuation

  • Standard Deviation: 0.1093
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 88
  • Final Value: 888,273
  • High Value: 985,402
  • Low Value: 791,144

    Market Valuation

  • Market Total Value: $663,390
  • Market Land Value: $82,600
  • Market Improvement Value: $580,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,100
  • Assessed Land Value: $5,740
  • Assessed Improvements Value: $40,360

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 221096876
  • Previous Sale Recording Date: Jan 21, 2016
  • Previous Sale Contract Date: Jan 19, 2016
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Palmer Lake


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Frequently Asked Questions

When was property at 261 Pinecrest Way built and last sold?
The property at 261 Pinecrest Way was built in 2000 and last sold on May 14, 2021 for $760,000.
How much is this home worth?
The estimated value of the home located at 261 Pinecrest Way is $833,019.
What are some comparable homes to 261 Pinecrest Way?
There are currently no comparable homes to 261 Pinecrest Way.