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Saguache 81131
695 Heatherbrae Rd
$12,500
● Land - Off Market

695 Heatherbrae Rd

Crestone, CO 81131
bedrooms
Studio
bathrooms
0 Bath
$138
Est. Monthly
$54
HOA / Fees

About This Property

Public Remarks: Escape to Baca Grande!! This is a 3.4+ acre site in the The Grants section of the subdivision, lot #695, offering some of the most breathtaking mountain views you can find in Southern Colorado. Located just outside the artisan community of Crestone CO, which could be one of the friendliest places on Earth. "Laid Back!!" is the motto of most in this area maintaining a peaceful existence for all to enjoy. Outdoor activities abound in the area and there are so many activities in town you will never be bored. Dining, shopping, gallery visiting, hiking, biking and relaxing are always on the agenda. Come see for yourself if this lot would make a happy home for yourself. Owner financing available 20% down, 8% APR, 5 year term.
Unit Size
-
Days on Market
-
Land Size
3.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$8
HOA Dues
$54
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: 3 years ago (REcolorado MLS #8181746)

Price History

Date / Event Date Event Price
Jun 4, 2024 Sold
Premium
Sold
May 22, 2024 In contract -
In contract
Mar 10, 2023 Listed by Code of the West Real Estate $15,500
Listed by Code of the West Real Estate
Mar 2, 2023 Sold
Premium
Sold
May 8, 2006 Sold
Premium
Sold
Show More

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: 150,718
  • 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: BACA GRANDE GRANTS
  • Land Acres: 0000003460
  • Standard Land Use Code: 8001
  • County Land Use Code: 100
  • Legal Description 1: BACA GRANDE GRANTS UNIT I LOT 695 MAP 12 3.46AC.

Neighborhood

  • School District Name: Moffat Consolidated School District 2
  • Census Tract: 977600

Geography

  • Account Number: R010378
  • Parcel: 460324400125
  • Lot: 695
  • Municipality: MOFFAT 2
  • Latitude: 37.9292
  • Longitude: -105.713

    Address

  • Full Address: 695 Heatherbrae Rd
  • Legal Unit: 1
  • Address - House Number: 695
  • Address - Street Name: Heatherbrae
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Crestone
  • Zip Code: 81131

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,724
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 20A

    Market Valuation

  • Market Total Value: $10,600
  • Market Land Value: $10,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,957
  • Assessed Land Value: $2,957

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 398692
  • Previous Sale Recording Date: May 08, 2006
  • Previous Sale Contract Date: Apr 20, 2006
  • Previous Sale Amount: $3,990
  • 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 Saguache

Stats & Trends

Median Asking:

$367,000

Sale Price/ft²

$238

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1815 ft²

Average Home Age

25.9 years

Currently For Sale

96 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: Paul Machmuller, Code of the West Real Estate
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 8181746
© 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 695 Heatherbrae Road built and last sold?
The property at 695 Heatherbrae Road was built in and last sold on Feb 28, 2023 for $6,602.
How much is this home worth?
The estimated value of the home located at 695 Heatherbrae Road is $15,655.
What are some comparable homes to 695 Heatherbrae Road?
There are currently no comparable homes to 695 Heatherbrae Road.
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