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Teller 80814
342 Blue Mesa Dr
$580,000
● House - Off Market

342 Blue Mesa Dr

Divide, CO 80814
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,830 Ft²
$3,113
Est. Monthly
$7
HOA / Fees
4.24%
Cap Rate

About This Property

The best of both worlds! Ranch style home with almost 5 Acres, fenced horse property with large barn 65X20. 3 spacious bedrooms plus office with wood stove. Large kitchen island with granite countertop, oak cabinets and wood flooring. Formal Dining room with French doors off kitchen. Large living room with wood burning stove. Pikes Peak view with great southern exposure. Hot water heat. Highland Lakes community water system and septic. Attached 2 car garage plus 2 out buildings. Easy to show!!
Unit Size
1,830 Ft²
Days on Market
-
Land Size
4.98 acres
Price per sqft
$322
Property Type
House
Property Taxes
$209
HOA Dues
$7
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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 #5936398)

Price History

Date / Event Date Event Price
Feb 5, 2025 Sold
Premium
Sold
Jan 3, 2025 In contract -
In contract
Jan 3, 2025 Price Decreased $590,000
↓ $5K (0.8%)
Price Decreased
Sep 14, 2024 Price Decreased $595,000
↓ $5K (0.8%)
Price Decreased
Aug 29, 2024 Price Decreased $599,900
↓ $15K (2.5%)
Price Decreased
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2019
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 216,929
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND LAKES
  • Land Acres: 0000004980
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: L5 B1 HIGHLAND LAKES 1

Neighborhood

  • School District Name: Woodland Park School District RE-2
  • School Tax School District: RE-2
  • Census Tract: 010112

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 3027-33
  • Account Number: R0017157
  • Parcel: 3127.334110020
  • Meridian: SEC 33 TWN 12S RNG 70W
  • Municipality: DIVIDE
  • Latitude: 38.9574
  • Longitude: -105.221

    Address

  • Full Address: 342 Blue Mesa Dr
  • Address - House Number: 342
  • Address - Street Name: Blue Mesa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Divide
  • Carrier Code: H090
  • 4-Digit Zip Code: 9758
  • Zip Code: 80814

Valuation

    Tax

  • Total Area: 1,830
  • Tax Year: 2023
  • Tax Amount: $251,248
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.1491
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 651,537
  • High Value: 748,698
  • Low Value: 554,377

    Market Valuation

  • Market Total Value: $457,921
  • Market Land Value: $59,962
  • Market Improvement Value: $397,959

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,830
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $27,660

    Sales

  • Current Sale Contract Date: Jun 03, 2011
  • Current Sale Recording Date: Jun 03, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 644849
  • Previous Sale Recording Date: May 09, 1994
  • Previous Sale Contract Date: May 09, 1994
  • Previous Sale Amount: $142,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Teller

Stats & Trends

Median Asking:

$547,500

Sale Price/ft²

$275

Below Asking

0.03%

Average Days on Market

73

Average Home Size

2202 ft²

Average Home Age

35.8 years

Currently For Sale

291 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: Irene Tanis,
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 5936398
© 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 342 Blue Mesa Drive built and last sold?
The property at 342 Blue Mesa Drive was built in 1992 and last sold on Jun 3, 2011 for $247,000.
How much is this home worth?
The estimated value of the home located at 342 Blue Mesa Drive is $0.
What are some comparable homes to 342 Blue Mesa Drive?
There are currently no comparable homes to 342 Blue Mesa Drive.
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