See Home Value
Elbert 80138
2845 Cherry Way
$860,000
● House - Off Market

2845 Cherry Way

Parker, CO 80138
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,379 Ft²
$4,561
Est. Monthly

About This Property

BACK ON THE MARKET! LOAN PROBLEMS AT THE VERY LAST MINUTE!      Tucked away in the peaceful Cherry Ridge neighborhood of East Parker, this updated 4-bedroom, 4-bathroom ranch offers the best of Colorado country living; privacy, functionality, and wide-open space, all just minutes from town conveniences. Set on a fully usable 3.49-acre horse-friendly lot with no HOA, this 3,379 sq ft home is packed with upgrades, including a brand-new roof, gutters, siding, windows, and garage doors (2024).  Inside, you'll find a bright, open floorplan with tall ceilings, two fireplaces, and a spacious kitchen that walks out to a covered deck with beautiful mountain views. The finished walk-out basement offers flexible living space, perfect for guests, recreation, or multigenerational living. Above the garage is a versatile bonus room that could be a workshop, theater, playroom, or whatever your dreams desire.  The property includes an oversized 2-car attached garage, plus a heated 42'x56' shop with two 14' tall by 12' wide doors, R13 roof insulation, an included air compressor, and a 12,000 lb. car lift, ideal for hobbyists, mechanics, or small business owners. The shop also features a chain-link dog run with indoor/outdoor bedding. Three propane tanks are on site, including a 1,000-gallon owned tank, along with two rented tanks (500-gallon and 250-gallon). The home is equipped with two furnaces, central air conditioning, and sits on a flat, fully usable lot; perfect for horses, toys, or future plans.  Located within the highly rated Elizabeth School District, this property offers peaceful seclusion with quick access to both Parker and Elizabeth. Properties like this, with acreage, updated systems, and functional shop space, are rare. Come experience the freedom and flexibility of life on Cherry Way.
Unit Size
3,379 Ft²
Days on Market
-
Land Size
3.49 acres
Price per sqft
$259
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1989

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Last updated: 4 months ago (REcolorado MLS #IRE4548558)

Price History

Date / Event Date Event Price
Sep 12, 2025 Sold
Sold
Sep 6, 2025 In contract -
In contract
Aug 23, 2025 Relisted $875,000
Relisted
Jul 28, 2025 In contract -
In contract
Jul 10, 2025 Relisted $875,000
Relisted
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,410
  • Garage Type: 1
  • Garage Square Area: 933
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 152,024
  • Total Building Area: 3,731
  • Gross Building Area: 3,731
  • Building Area: 3,379
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 1
  • Heated Square Feet: 3,379
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY RIDGE F1
  • Land Acres: 0000003490
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SECTION: 36 TOWNSHIP: 6 RANGE: 65SUBDIVISION: CHERRY RIDGE F1 LOT: 0023

Neighborhood

  • School District Name: Elizabeth School District C-1
  • Census Tract: 961204

Zoning

  • Zoning: RA-2

Geography

  • Account Number: R104699
  • Parcel: R104699
  • Lot: 23
  • Meridian: SEC 36 TWN 6S RNG 65E
  • Municipality: ELIZABETH
  • Latitude: 39.4852
  • Longitude: -104.608

    Address

  • Full Address: 2845 Cherry Way
  • Address - House Number: 2845
  • Address - Street Name: Cherry
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Parker
  • Carrier Code: R028
  • 4-Digit Zip Code: 4532
  • Zip Code: 80138

Valuation

    Tax

  • Total Area: 3,471
  • Tax Year: 2023
  • Tax Amount: $309,720
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 831,560
  • High Value: 985,931
  • Low Value: 677,189

    Market Valuation

  • Market Total Value: $744,402
  • Market Land Value: $162,960
  • Market Improvement Value: $581,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,880
  • Assessed Land Value: $10,920
  • Assessed Improvements Value: $38,960

    Sales

  • Current Sale Contract Date: Jul 21, 2008
  • Current Sale Recording Date: Jul 31, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 496200
  • Previous Sale Recording Date: Jul 08, 2004
  • Previous Sale Contract Date: May 26, 2004
  • Previous Sale Amount: $250,000
  • 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 Elbert


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Frequently Asked Questions

When was property at 2845 Cherry Way built and last sold?
The property at 2845 Cherry Way was built in 1989 and last sold on Jul 21, 2008 for $315,000.
How much is this home worth?
The estimated value of the home located at 2845 Cherry Way is $887,164.
What are some comparable homes to 2845 Cherry Way?
There are currently no comparable homes to 2845 Cherry Way.