See Home Value
Grand Lake 80447
505 Shadow Mountain Dr
$410,000
● House - Off Market

505 Shadow Mountain Dr

Grand Lake, CO 80447
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$468,017
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Happiness is not a destination, it's a way of life! This 720 square foot ranch-style cottage, built in 1975, is located in town Grand Lake, walk, bike, ATV, or snowmobile 0.8 miles into town to be greeted by shops, theater, putt-putt golf,  restaurants, and the beauty of Grand Lake. Grand Lake is a place you can do all the season's adventures; paddleboard, sail, boat, fish, hiking, kayak, swim at the beach & or rent a pontoon boat at the marina or snowmobile, snowshoe, and ice fish! This cottage is located directly behind the Grand Lake Post Office and Community Center, 3 blocks from Shadow Mountain Lake, and is 2 blocks off main street. Sitting on a .18 acre lot with a front and back yard for your enjoyment and a private driveway to fit all your toys. It has a spacious open concept living room / kitchen, 2 equal size bedrooms flanking 1 full 4-piece bathroom, a free-standing gas fireplace controlled by a thermostat that warms your toes or baseboard heaters if you wish for it to be toastier. Relax and watch the fireworks from your deck. Turn-key and move-in ready. Additional upgrades are the roof, hot water heater, gas/grill top stove, stackable washer & dryer, all updated within the last 5 years. Bonuses: the house has an unfinished mudroom that can be turned into your new entry or a place to store all your winter and summer gear, plus out back there is a 10x10 walk-in barn style she-or-he-shed for all the fun toys. As an exclusive bonus to the property owner, you can have access to a first-come-first-serve HOA-managed private boat slip located less than a mile (.33 to be exact) away with direct access to Shadow Mountain Lake. Get away from the hustle and bustle of Denver and enjoy this perfect summer AND winter vacation home or it is the perfect starter home for a new family; either way, this is your ultimate grand escape. Grand Lake Estates, Block 6, Lot 2
Unit Size
720 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$556
Property Type
House
Property Taxes
$77
HOA Dues
$6
Year Built
1975

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Last updated: 5 months ago (REcolorado MLS #IRE9567467)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Sold
May 13, 2021 Listed $400,000
Listed
Sep 15, 2014 Sold
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • 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: 7,841
  • Total Building Area: 720
  • Gross Building Area: 1,074
  • Building Area: 720
  • Building Area Measurement: +

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 2
  • Heated Square Feet: 720
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND LAKE ESTATES 1ST FLG
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 121200
  • Legal Description 1: SUBD: GRAND LAKE ESTATES 1ST FLG LOT: 2 BLOCK: 6

Neighborhood

  • School District Name: East Grand School District 2
  • Census Tract: 000206

Zoning

  • Zoning: R

Geography

  • Account Number: R147100
  • District: 1193
  • Section: 6
  • Parcel: 119306127002
  • Block: 6
  • Lot: 2
  • Meridian: SEC 19 TWN 1S RNG 75W
  • Municipality: GRAND LAKE
  • Latitude: 40.2519
  • Longitude: -105.83

    Address

  • Full Address: 505 Shadow Mountain Dr
  • Address - House Number: 505
  • Address - Street Name: Shadow Mountain
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Grand Lake
  • Carrier Code: R777
  • 4-Digit Zip Code: 5475
  • Zip Code: 80447

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $105,348
  • Tax Rate Code Area: 51

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 496,880
  • High Value: 602,806
  • Low Value: 390,954

    Market Valuation

  • Market Total Value: $256,670
  • Market Land Value: $93,470
  • Market Improvement Value: $163,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,190
  • Assessed Land Value: $6,260
  • Assessed Improvements Value: $10,930

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021006843
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Contract Date: Sep 12, 2014
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 71
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 505 Shadow Mountain Drive built and last sold?
The property at 505 Shadow Mountain Drive was built in 1975 and last sold on Jun 16, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 505 Shadow Mountain Drive is $403,358.
What are some comparable homes to 505 Shadow Mountain Drive?
There are currently no comparable homes to 505 Shadow Mountain Drive.