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Mineral 81154
47 Lower Terrace Dr
$238,000
● House - Off Market

47 Lower Terrace Dr

Creede, CO 81130
bedrooms
3 Beds
bathrooms
0 Bath
square feet
600 Ft²
$1,271
Est. Monthly
$48
HOA / Fees
10.20%
Cap Rate

About This Property

Step back into a special place in time with this original tiny cabin and live your Colorado dream. Three bedrooms, one bathroom, and a lot of charm! Lovingly maintained by the same owner for 26 years, this is a once-in-a-lifetime opportunity to make new memories for years to come. On a little more than half an acre with mature trees, this is the best fishing cabin you will ever find! This cabin is one of the original cabins built in 1938 when Big River Ranch was a dude ranch, and still shows the cabin number "12" on the door. Sold fully furnished, so show up and enjoy and worry about the rest later! Enjoy magical sunsets on the western facing covered deck that overlooks the expansive .57 acre lot with mature cottonwood and towering pines. The birdsongs will enchant you all day, and be careful not to startle the families of turkeys and deer that make this place their home too. Summer only access due to shared well and septic that gets turned on mid May to mid October. Big River Ranch is one of the few private gated communities in the area.  Located on the Rio Grande River, and backing to the Rio Grande National Forest, you can enjoy easy access hiking, and private fishing rights for a mile along some of the best fishing in all of Colorado. Put your raft in or take it out less than 25 yards away. Everyone knows each other, and the summers are magical with wildlife as your neighbors too. Wild turkeys, deer, foxes, and the occasional bears live in harmony day after day. No short term rentals allowed means a closer knit community. Shared community storage for small boats and bikes, a community picnic pavilion and kid's playhouse, and full size playground for everyone to enjoy. Easily walk the mostly flat dirt roads to get your steps in, and don't worry about cars running you over. Make sure you get here by July 4th for the annual community picnic that's right next door at the picnic pavilion!
Unit Size
600 Ft²
Days on Market
104 days
Land Size
0.57 acres
Price per sqft
$412
Property Type
House
Property Taxes
$10
HOA Dues
$48
Year Built
1938

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Last updated: 12 months ago (REcolorado MLS #7630405)

Price History

Date / Event Date Event Price
Oct 28, 2025 Sold
Sold
Oct 14, 2025 In contract -
In contract
Sep 10, 2025 Price Decreased $247,000
↓ $2K (0.8%)
Price Decreased
Aug 18, 2025 Price Decreased $249,000
↓ $16K (6%)
Price Decreased
Aug 10, 2025 Price Decreased $265,000
↓ $10K (3.6%)
Price Decreased
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Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • 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: 24,829
  • Total Building Area: 600
  • Gross Building Area: 690
  • Building Area: 600
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 600
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIG RIVER RANCH
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: LOT 1 BLOCK 2 BIG RIVER RANCH .28 AC COMMON AREA

Neighborhood

  • School District Name: Creede Consolidated School District 1
  • Census Tract: 973600

Geography

  • Account Number: R001774
  • Parcel: 484531202001
  • Block: 2
  • Lot: 1
  • Latitude: 37.7681
  • Longitude: -106.798

    Address

  • Full Address: 47 Lower Terrace Dr
  • Address - House Number: 47
  • Address - Street Name: Lower Terrace
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Creede
  • Zip Code: 81130

Valuation

    Tax

  • Total Area: 669
  • Tax Year: 2022
  • Tax Amount: $31,868
  • Tax Rate Code Area: 19D

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 76
  • Final Value: 181,745
  • High Value: 214,890
  • Low Value: 148,600

    Market Valuation

  • Market Total Value: $66,231
  • Market Land Value: $33,154
  • Market Improvement Value: $33,077

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,603
  • Assessed Land Value: $2,304
  • Assessed Improvements Value: $2,299

    Sales

  • Current Sale Contract Date: Sep 14, 1999
  • Current Sale Recording Date: Sep 14, 1999
  • Current Sale Price:
  • Current Sale Document Type: 27
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

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Frequently Asked Questions

When was property at 47 Lower Terrace Drive built and last sold?
The property at 47 Lower Terrace Drive was built in 1938 and last sold on Sep 14, 1999 for $46,600.
How much is this home worth?
The estimated value of the home located at 47 Lower Terrace Drive is $0.
What are some comparable homes to 47 Lower Terrace Drive?
There are currently no comparable homes to 47 Lower Terrace Drive.