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Estes Park 80517
509 Riverside Dr
$764,500
● Land - Off Market

509 Riverside Dr

Estes Park, CO 80517
bedrooms
Studio
bathrooms
0 Bath
$3,904
Est. Monthly

About This Property

Attention investors and developers! A RARE FIND! A1 zoned river front property within walking distance to town. Gorgeous 1 acre parcel on Riverside Drive set amongst towering pines and along 175' of The Big Thompson River. Recently received full approval from Larimer County as a Resort Lodge Cabin property allowing 3 cabins on one lot with accommodations. Does not need to be subdivided. It's ready for building permit. Don't miss out on one of Estes Park's last river lots.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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 (IRES MLS #1031482)

Price History

Date / Event Date Event Price
Jun 26, 2025 Sold
Premium
Sold
Apr 2, 2025 Listed $795,000
Listed
Jul 16, 2018 Sold
Premium
Sold
Nov 16, 2012 Sold
Premium
Sold

Property Highlights

With View

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
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 43,560
  • 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: HIGH PINES
  • Land Acres: 0000001000
  • Standard Land Use Code: 8010
  • County Land Use Code: 1119
  • Legal Description 1: LOT 1, HIGH PINES (SPLIT FR 3525305001)

Neighborhood

  • School District Name: Park School District R-3
  • Census Tract: 002805

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 35253
  • Account Number: R1649792
  • Parcel: R1649792
  • Lot: 1
  • Meridian: SEC 25 TWN 5N RNG 73W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.3668
  • Longitude: -105.533

    Address

  • Full Address: 509 Riverside Dr
  • Address - House Number: 509
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Estes Park
  • Zip Code: 80517

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,083,587
  • Tax Rate Code Area: 3047

    Market Valuation

  • Market Total Value: $550,000
  • Market Land Value: $550,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $153,450
  • Assessed Land Value: $153,450

    Sales

  • Current Sale Contract Date: Jul 13, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180042981
  • Previous Sale Recording Date: Nov 16, 2012
  • Previous Sale Contract Date: Nov 09, 2012
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: 71
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 Estes Park

Stats & Trends

Median Asking:

$630,000

Sale Price/ft²

$394

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1663 ft²

Average Home Age

36.2 years

Currently For Sale

191 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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IRES

Listed by: Seth Hanson,
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1031482
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 509 Riverside Drive built and last sold?
The property at 509 Riverside Drive was built in and last sold on Jul 13, 2018 for $415,000.
How much is this home worth?
The estimated value of the home located at 509 Riverside Drive is $0.
What are some comparable homes to 509 Riverside Drive?
There are currently no comparable homes to 509 Riverside Drive.
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