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Fort Collins 80528 Fossil Lake
5906 Falling Water Dr
$940,000
● House - Off Market

5906 Falling Water Dr

Fort Collins, CO 80528
bedrooms
5 Beds
bathrooms
2 Baths
square feet
4,139 Ft²
$1,045,519
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Have you been searching for the perfect home in Fossil Lake Ranch backing to the gorgeous ponds? Well look no further! This gorgeous 5 bedroom house is light and open with meticulous care shown throughout. 90% of all of the windows in the home have been replaced this last year, brand new exterior paint, New Roof and gutters, Water heater and furnace are also new. The walkout basement was finished for all of your entertaining needs. Updated Kitchen with stainless appliances.
Unit Size
4,139 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$229
Property Type
House
Property Taxes
$393
HOA Dues
$61
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 12 months ago (REcolorado MLS #2797586)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 21, 2022 Listed by The Group, Inc. Real Estate Associates $985,000
Listed by The Group, Inc. Real Estate Associates
Jan 5, 2022 Sold
Premium
Sold
Nov 2, 2021 Listed by The Group, Inc. Real Estate Associates $949,000
Listed by The Group, Inc. Real Estate Associates
Feb 20, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,341
  • Garage Type: 1
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 241

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 4,839
  • Gross Building Area: 4,839
  • Building Area: 3,882
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,882
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOSSIL LAKE PUD
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 5, BLOCK 5, FOSSIL LAKE PUD, 1ST, NORTH PROPERTY, FTC

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 001608

Zoning

  • Zoning: LMN

Geography

  • Assessors Map Reference: 86092
  • Account Number: R1587988
  • Parcel: R1587988
  • Block: 5
  • Lot: 5
  • Meridian: SEC 9 TWN 6N RNG 68W
  • Municipality: FORT COLLINS
  • Latitude: 40.5044
  • Longitude: -105.017

    Address

  • Full Address: 5906 Falling Water Dr
  • Address - House Number: 5906
  • Address - Street Name: Falling Water
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fort Collins
  • Carrier Code: R054
  • 4-Digit Zip Code: 9436
  • Zip Code: 80528

Valuation

    Tax

  • Total Area: 4,091
  • Tax Year: 2023
  • Tax Amount: $587,102
  • Tax Rate Code Area: 1107

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,012,597
  • High Value: 1,160,993
  • Low Value: 864,200

    Market Valuation

  • Market Total Value: $996,100
  • Market Land Value: $225,000
  • Market Improvement Value: $771,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,739
  • Assessed Land Value: $15,075
  • Assessed Improvements Value: $51,664

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42982
  • Previous Sale Recording Date: Jan 05, 2022
  • Previous Sale Contract Date: Dec 30, 2021
  • Previous Sale Amount: $940,000
  • 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 Fossil Lake

Stats & Trends

Median Asking:

$1,010,000

Sale Price/ft²

$297

Below Asking

0.02%

Average Days on Market

61

Average Home Size

3575 ft²

Average Home Age

19 years

Currently For Sale

15 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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REcolorado

Listed by: Kennan Razey, The Group, Inc. Real Estate Associates
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 2797586
© 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 5906 Falling Water Drive built and last sold?
The property at 5906 Falling Water Drive was built in 2000 and last sold on Jun 29, 2022 for $1,035,000.
How much is this home worth?
The estimated value of the home located at 5906 Falling Water Drive is $996,327.
What are some comparable homes to 5906 Falling Water Drive?
There are currently no comparable homes to 5906 Falling Water Drive.
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