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Rio Grande 81144
515 Mountain View Blvd
$365,000
● House - Off Market

515 Mountain View Blvd

Monte Vista, CO 81144
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,492 Ft²
$499,950
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Enjoy the breathtaking views as you drive 15 minutes to your new home at the end of a dirt road in  SW of Monte Vista, CO. This custom 4 bedroom, 2.5 bath, 3 car garage home is set on 35 acres at the base of the San Juan Mountains. There is plenty of space in this home and the layout is wonderfully conceived. Enjoy 360 degree mountain views from your 1300+ square foot deck and marvel in the piece and quiet this property can offer.
Unit Size
2,492 Ft²
Days on Market
-
Land Size
35.33 acres
Price per sqft
$154
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
2007

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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: 10 months ago (REcolorado MLS #IRE2783604)

Price History

Date / Event Date Event Price
Jan 22, 2021 Sold
Premium
Sold
May 15, 2020 Listed $385,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2009
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,054
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,538,975
  • Total Building Area: 2,492
  • Building Area: 2,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,492
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIMROCK RANCH FILING #1
  • Land Acres: 0000035330
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SUBDIVISION RIMROCK RANCH FILING #1 LOT 11 CONT 35.325 AC M/L FORMERLY 39053-00-126

Neighborhood

  • School District Name: Monte Vista School District C-8
  • School Tax School District: 8B
  • Census Tract: 977001

Zoning

  • Zoning: 01

Geography

  • Account Number: R012995
  • Parcel: 3905301002
  • Block: 1
  • Lot: 11
  • Municipality: MONTE VISTA SCHOOL DISTRICT
  • Latitude: 37.5645
  • Longitude: -106.228

    Address

  • Full Address: 515 Mountain View Blvd
  • Address - House Number: 515
  • Address - Street Name: Mountain View
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Monte Vista
  • Carrier Code: R003
  • 4-Digit Zip Code: 9477
  • Zip Code: 81144

Valuation

    Tax

  • Total Area: 2,492
  • Tax Year: 2023
  • Tax Amount: $172,480

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 604,601
  • High Value: 765,812
  • Low Value: 443,391

    Market Valuation

  • Market Total Value: $438,226
  • Market Land Value: $16,817
  • Market Improvement Value: $421,409

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,457
  • Assessed Land Value: $1,169
  • Assessed Improvements Value: $29,288

    Sales

  • Current Sale Contract Date: Jan 18, 2021
  • Current Sale Recording Date: Jan 22, 2021
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 202100441405
  • Previous Sale Recording Date: Jan 22, 2021
  • Previous Sale Contract Date: Jan 18, 2021
  • Previous Sale Amount: $365,000
  • 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 Rio Grande

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$202

Below Asking

0.04%

Average Days on Market

59

Average Home Size

2579 ft²

Average Home Age

52 years

Currently For Sale

29 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: Preston Porter,
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# IRE2783604
© 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 515 Mountain View Boulevard built and last sold?
The property at 515 Mountain View Boulevard was built in 2007 and last sold on Jan 18, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 515 Mountain View Boulevard is $0.
What are some comparable homes to 515 Mountain View Boulevard?
There are currently no comparable homes to 515 Mountain View Boulevard.
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