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Twin Lakes 81251
29 Cedar Dr
$60,000
● Land - Off Market

29 Cedar Dr

Twin Lakes, CO 81251
bedrooms
Studio
bathrooms
0 Bath
$93,604
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Four buildable lots, one low price. Incredible views from each lot. Views east, west and south. Build four cabins and get great rental income or have a very special homesite for your special home. Easy year round access on maintained roads. This is lots LOT 146, 147, 190 & 191 IN TWIN LAKES ADDITION 1C OF MT ELBERT, PLAMOR RANCH being sold as one transaction. Approximately 1.2 acres.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$13
HOA Dues
-
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 #7037666)

Price History

Date / Event Date Event Price
Oct 14, 2020 Sold
Premium
Sold
Sep 26, 2018 Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC $70,000
Listed by Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Nov 8, 1996 Sold
Premium
Sold

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
  • 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: 13,068
  • 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-C
  • Land Acres: 0000000300
  • Standard Land Use Code: 8001
  • County Land Use Code: 100
  • Legal Description 1: LOT 191 IN TWIN LAKES ADDITION 1C OF MT ELBERT PLAMOR RANCH

Neighborhood

  • School District Name: Lake County School District R-1
  • Census Tract: 000404

Geography

  • Account Number: R001486
  • Parcel: 290109001063
  • Lot: 191
  • Municipality: LAKE COUNTY
  • Latitude: 39.1117
  • Longitude: -106.331

    Address

  • Full Address: 29 Cedar Ln
  • Address - House Number: 29
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Buena Vista
  • Zip Code: 81211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $67,240
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 189

    Market Valuation

  • Market Total Value: $9,300
  • Market Land Value: $9,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,697
  • Assessed Land Value: $2,697

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 379363
  • Previous Sale Recording Date: Nov 08, 1996
  • Previous Sale Contract Date: Nov 08, 1996
  • Previous Sale Amount: $2,800
  • Previous Sale Document Type: 27
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 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

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REcolorado

Listed by: Thomas Driemeyer, Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 7037666
© 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 29 Cedar Drive built and last sold?
The property at 29 Cedar Drive was built in and last sold on Oct 14, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 29 Cedar Drive is $0.
What are some comparable homes to 29 Cedar Drive?
There are currently no comparable homes to 29 Cedar Drive.
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