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Twin Lakes 81251
67 Mt Elbert Dr
$73,000
● Land - Off Market

67 Mt Elbert Dr

Twin Lakes, CO 81251
bedrooms
Studio
bathrooms
0 Bath
$102,018
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Incredible Opportunity to own in Twin Lakes, CO! Pristine Beauty with Mature Pines and Aspen Trees. With almost an Acre, the Building Site provides Incredible Views! Access to Water, Electricity and Good Year Round Road Access. This Gorgeous Lot is close to all the Activities the Lakes have to Offer including Fishing and Boating, along with Hiking, Off Roading, Mountain Biking and Amazing, Magical Views! Enjoy a Summer Drive over Independence Pass to Aspen, or take a Quick Drive into Buena Vista or Leadville for Shopping, Restaurants and other Services. Play in the many local Rivers and Creeks or hike one of the Several 14'ers!! Great for a Second Home or a Year Round Residence. Don't miss your Opportunity to Own this Beautiful Lot in the Rockies!
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
$75
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: 12 months ago (REcolorado MLS #8551829)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Jul 19, 2022 Listed by HomeSmart Preferred Realty $99,000
Listed by HomeSmart Preferred Realty
May 10, 2022 Sold
Premium
Sold
Feb 5, 2008 Sold
Premium
Sold

Property Highlights

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

    Dimensions

  • Lot Size Square Feet: 40,075
  • 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: MT ELBERT PLAMOR RANCH 1-B
  • Land Acres: 0000000920
  • Standard Land Use Code: 8001
  • County Land Use Code: 100
  • Legal Description 1: LOTS 101 & 102 TWIN LAKES ADD 1-B MT ELBERT PLAMOR RANCH NORTH VIEW 475/297 519/127 524/777 532/406 620/521 SPLIT ONTO SCHED NO10013620 AND 10013621 PER 348138 & 348139 12/26/07 REOPENED 10013619 PER 348370 DELETED 10013620 & 10013621 PER HT

Neighborhood

  • School District Name: Lake County School District R-1
  • Census Tract: 961900

Geography

  • Account Number: R002618
  • Parcel: 290110301079
  • Lot: 101-1
  • Municipality: LAKE COUNTY
  • Latitude: 39.1051
  • Longitude: -106.322

    Address

  • Full Address: 67 Mount Elbert Dr
  • Address - House Number: 67
  • Address - Street Name: Mount Elbert
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Twin Lakes
  • Zip Code: 81251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $65,880
  • Tax Rate Code Area: 189

    Market Valuation

  • Market Total Value: $29,900
  • Market Land Value: $29,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,671
  • Assessed Land Value: $8,671

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 386747
  • Previous Sale Recording Date: May 10, 2022
  • Previous Sale Contract Date: May 10, 2022
  • Previous Sale Amount: $35,000
  • 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 Twin Lakes

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$446

Below Asking

0.02%

Average Days on Market

126

Average Home Size

2010 ft²

Average Home Age

16.6 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Jodi Nordahl-Homes, HomeSmart Preferred Realty
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 8551829
© 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 67 Mount Elbert Road built and last sold?
The property at 67 Mount Elbert Road was built in and last sold on Mar 17, 2023 for $73,000.
How much is this home worth?
The estimated value of the home located at 67 Mount Elbert Road is $99,990.
What are some comparable homes to 67 Mount Elbert Road?
There are currently no comparable homes to 67 Mount Elbert Road.
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