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Elbert 80138
642 Pinewicket Way
$636,000
● House - Off Market

642 Pinewicket Way

Parker, CO 80138
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,075 Ft²
$3,691
Est. Monthly

About This Property

Nice raised 5 acre ranch in popular Smoky Hills Ranches.  No covenants, restrictions or HOA! Open and bright! All new cabinets/countertops and flooring in kitchen.  Both baths are updated.  4 spacious bedrooms.  Enjoy the peace and quiet on 5 acres, perfect for your horses/livestock.  Imagine fresh eggs every morning from your own chickens!  A little TLC on the deck and you can enjoy each morning w/ your coffee and the  gorgeous Colorado sky each evening!  Newer HVAC and air conditioner.New septic to be installed prior to closing.  Oversized garage for 2+ vehicles, ATV, snow mobiles - and more!  New 30mmp RV Hook up on south west corner of the house.
Unit Size
2,075 Ft²
Days on Market
231 days
Land Size
5.00 acres
Price per sqft
$337
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1977

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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: 11 months ago (REcolorado MLS #8029741)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Jan 13, 2025 In contract -
In contract
Nov 6, 2024 Price Decreased $699,000
↓ $20K (2.8%)
Price Decreased
Sep 13, 2024 Price Increased $719,000
↑ $20K (2.9%)
Price Increased
Jun 28, 2024 Listed by Keller Williams DTC $699,000
Listed by Keller Williams DTC
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 27
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 783
  • Garage Type: 17
  • Garage Square Area: 630
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,175
  • Gross Building Area: 2,175
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,075
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMOKY HILL RANCH F1
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: SECTION: 15 TOWNSHIP: 6 RANGE: 65SUBDIVISION: SMOKY HILL RANCH F1 BLOCK: 4 LOT: 1

Neighborhood

  • School District Name: Douglas County School District RE-1
  • Census Tract: 961204

Zoning

  • Zoning: RA-1

Geography

  • Account Number: R104420
  • Parcel: R104420
  • Block: 4
  • Lot: 1
  • Meridian: SEC 15 TWN 6S RNG 65E
  • Municipality: PARKER
  • Latitude: 39.5247
  • Longitude: -104.648

    Address

  • Full Address: 642 Pinewicket Way
  • Address - House Number: 642
  • Address - Street Name: Pinewicket
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Parker
  • Carrier Code: R051
  • 4-Digit Zip Code: 4411
  • Zip Code: 80138

Valuation

    Tax

  • Total Area: 2,250
  • Tax Year: 2023
  • Tax Amount: $310,220
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 729,869
  • High Value: 862,535
  • Low Value: 597,202

    Market Valuation

  • Market Total Value: $552,157
  • Market Land Value: $181,883
  • Market Improvement Value: $370,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $12,190
  • Assessed Improvements Value: $24,810

    Sales

  • Current Sale Contract Date: Apr 27, 2018
  • Current Sale Recording Date: May 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 577542
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Contract Date: Jan 05, 2018
  • Previous Sale Amount: $31,700
  • Previous Sale Document Type: 54
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 Elbert

Stats & Trends

Median Asking:

$678,950

Sale Price/ft²

$279

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2822 ft²

Average Home Age

22.4 years

Currently For Sale

352 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: Steve Spencer, Keller Williams DTC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 8029741
© 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 642 Pinewicket Way built and last sold?
The property at 642 Pinewicket Way was built in 1977 and last sold on Apr 27, 2018 for $510,000.
How much is this home worth?
The estimated value of the home located at 642 Pinewicket Way is $0.
What are some comparable homes to 642 Pinewicket Way?
There are currently no comparable homes to 642 Pinewicket Way.
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