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Twin Lakes 81251
350 Mt Massive Dr
$46,500
● Land - Off Market

350 Mt Massive Dr

Twin Lakes, CO 81251
bedrooms
Studio
bathrooms
0 Bath
$56,160
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This .91-acre property is a remote haven within walking distance of one of Colorado's most gorgeous vistas! This property features mature trees, gentle topography, and is calling to those who seek peace and quiet! BUILD YOUR DREAM HOME NOW! OR DREAM NOW AND BUILD YOUR HOME LATER! There are endless recreational opportunities in the area such as skiing, snowmobiling, biking, fishing, hiking, and rafting.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$29
HOA Dues
$50
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: 11 months ago (REcolorado MLS #4923902)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Aug 29, 2021 Listed by THE REALTY DOT INC $49,900
Listed by THE REALTY DOT INC

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: 39,640
  • 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-B
  • Land Acres: 0000000910
  • Standard Land Use Code: 8001
  • County Land Use Code: 100
  • Legal Description 1: LOT 71A TWIN LAKES ADD 1-B OF MT ELBERT PLAMOR RANCH

Neighborhood

  • School District Name: Lake County School District R-1
  • Census Tract: 961900

Geography

  • Account Number: R002016
  • Parcel: 290110301340
  • Lot: 71A
  • Municipality: LAKE COUNTY
  • Latitude: 39.1057
  • Longitude: -106.328

    Address

  • Full Address: 350 Mt Massive Rd
  • Address - House Number: 350
  • Address - Street Name: Mt Massive
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Twin Lakes
  • Zip Code: 81251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $65,168
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 189

    Market Valuation

  • Market Total Value: $29,575
  • Market Land Value: $29,575

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,577
  • Assessed Land Value: $8,577

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 382984
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

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Jennifer Robertson, THE REALTY DOT INC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 4923902
© 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 350 Mt Massive Drive built and last sold?
The property at 350 Mt Massive Drive was built in and last sold on Oct 15, 2021 for $46,500.
How much is this home worth?
The estimated value of the home located at 350 Mt Massive Drive is $0.
What are some comparable homes to 350 Mt Massive Drive?
There are currently no comparable homes to 350 Mt Massive Drive.
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