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Park 80420
797 Peterson Dr
$199,000
● Land - For Sale

797 Peterson Dr

Fairplay, CO 80420
bedrooms
Studio
bathrooms
0 Bath
$1,082
Est. Monthly

About This Property

Stunning .98-acre lot in desirable Placer Valley! Rough driveway, 3-bedroom septic, and homesite cleared-ready for your mountain cabin! Just 1/2 mile from Middle Fork of South Platte River State Wildlife Area and 2 miles off Hwy 9. Year-round access with easy in-and-out. Enjoy the rippling sounds of the nearby Quartzville Creek! Near Montgomery Reservoir, Pike National Forest, and charming Alma. Only 16 miles to downtown Breckenridge for world class skiing and golfing enthusiasts! Ideal opportunity to start building your dream mountain retreat
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$105
HOA Dues
-
Year Built
-

Listed By

Bonnie Paffenroth
[email protected]
Caniglia Real Estate Group Llc

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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: 2 years ago (REcolorado MLS #2402669)

Price History

Date / Event Date Event Price
Jun 19, 2024 Listed by Caniglia Real Estate Group Llc $199,000
Listed by Caniglia Real Estate Group Llc

Property Highlights

Exterior Details
Property Condition: Not New, Previously Owned
Waterfront Features: Abuts Stream/Creek/River
Waterbody Name: Stream
Lot Features: Wooded
Lot Size Area: 42689
Lot Size Units: Square Feet
Lot Size Acres: 0.98
Lot Size Square Feet: 42689
Water Source: Well, No Water/Sewer
Financial Details
Tax Annual Amount: $1,257
Utilities Details
Sewer : Septic Tank, Septic, No Water/Sewer
Location Details
HOA Fee Frequency: Annually

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
  • Location Influence Type: 2

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PLACER VALLEY UNIT 10
  • Land Acres: 0000000980
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: T08 R78 S24 SW4 PLACER VALLEY UNIT 10 LOT 11

Neighborhood

  • School District Name: Park County School District RE-2
  • Census Tract: 000300

Geography

  • Account Number: 14323
  • Parcel: R0014323
  • Lot: 11
  • Latitude: 39.3327
  • Longitude: -106.063

    Address

  • Full Address: 797 Peterson Dr
  • Address - House Number: 797
  • Address - Street Name: Peterson
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Alma
  • Zip Code: 80420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,678
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 0015

    Market Valuation

  • Market Total Value: $26,784
  • Market Land Value: $26,784

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,767
  • Assessed Land Value: $7,767
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 Park

Stats & Trends

Median Asking:

$594,000

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1885 ft²

Average Home Age

31.9 years

Currently For Sale

590 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: Bonnie Paffenroth, Caniglia Real Estate Group Llc
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 2402669
© 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 797 Peterson Drive built and last sold?
The property at 797 Peterson Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 797 Peterson Drive is $200,990.
What are some comparable homes to 797 Peterson Drive?
There are currently no comparable homes to 797 Peterson Drive.
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