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28942 Shadow Mountain Dr
About This Property
~ Charming 3 bed, 2 bath, 3,048 sq ft A-frame home set on 7.8 idyllic acres. The original 1935 log cabin has been thoughtfully expanded, curated & maintained over the years. Gorgeous mountain property with creek, seasonal stream, barn, trails, bridges, pasture, workshop, shed, carport & hen house. Perfect horses & livestock as permitted by well & zoning.
~ The tranquil sounds of the flowing creek welcome you to this magical woodland retreat surrounded by aspens, pines, mountain views & abundant wildlife. The inviting covered front porch sets the stage for this historic home. The living room with original rock fireplace & pot belly stove flows into the lovey sunroom. Large rear deck is the perfect place to relax & enjoy the Colorado outdoor lifestyle. The kitchen opens to the large dining room with skylight & antique cooking stove. Rear porch area has been enclosed for hot tub & greenhouse. The main floor also offers full bath, office or gym area & 2 bedrooms.
~ The upper level features the master suite with charming window seat, walk-in closet & 1/2 bath. Laundry room is located on upper level. The lower basement level offers a LARGE versatile bonus room with wood beams & gas stove. Utility room & storage area also in basement.
~ This wonderful property offers outbuilding galore - barn with upstairs office, workshop, carport, shed, dog house & hen house. NEW class 4 roof installed on house, barn & shed in 2024. Well mitigated land with trail system for riding & hiking. Truly a magical property.
~ Property fronts a publicly maintained road just minutes from the Maxwell Falls trailhead & Arapahoe National Forest. Close in location to town & 285 with top rated schools! A quick 30 minute drive to Denver, 1 hour to airport & 1 hour to ski resort.
Don't miss your chance to own this amazing legacy property!
~ Property sold "AS IS WHERE IS". Fireplace & hot tub are inoperable. *** VIDEO COMING SOON...
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Aug 15, 2026 | Price Decreased |
$900,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$950,000
↓ $47K
(4.7%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed | $997,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017