$1,450,000
●
House -
In Contract
8838 Hillview Rd
Morrison, CO 80465
3 Beds
2 Baths
1,232 Ft²
$7,249
Est. Monthly
1.97%
Cap Rate
About This Property
Buyers financial situation changed and were back on market, zero
fault of the Sellers. Legacy equestrian and recreational ranch has
stories to tell. Created by people who are lifelong artists and who
also brought the Paso Fino horse to Colorado, there's a richness of
culture and
stewardship not found anywhere else. Welcome to Esperanza Ranch. The property has it all: trails for
riding, hiking or 4-wheeling, rolling meadows, water rights plus year-round springs, mature trees,
dramatic rock outcroppings, and the views are simply jaw dropping. 10 acres of the 42 is a separate
parcel able to be built on, sold off, or kept as part of your own legacy. The 80' x 100' Sunward
outbuilding is comprised of a 48' x 100' indoor arena and an attached 32' x 100' stall area with 5 matted
stalls, shop plus outdoor wash rack. Water and electric. Don't have horses? You could hold your own
auto, RV and boat show in here, it's that big. The artisan-crafted main home offers elegance, rustic
charm, at the heart of which is a magnificent floor-to-ceiling bespoke river rock fireplace. Indian Slate,
Vermont Slate, Flagstone, California Redwood, & Leathered Brazilian Granite are just some of the
design features you'll find in here. Enjoy the spectacular sunset with a glass of wine in the hot tub taking
in those views, or start your day the same way with a cup of coffee and a sunrise that will take your
breath away. This home is built for enjoying the warmth of family, friends and guests with food and
drink, many wonderful occasions have been celebrated here. Not to be missed is the Casita, a 2 bed/1
bath ADU. Currently rented, the tenant is open to staying but the MTM lease can be terminated if you
prefer to have it as a guest house, multi-generational living quarters. All of this in an amazing location:
40 minutes to Denver, an hour to Denver International Airport, less than 2 hours to world class
skiing in Breckenridge.
stewardship not found anywhere else. Welcome to Esperanza Ranch. The property has it all: trails for
riding, hiking or 4-wheeling, rolling meadows, water rights plus year-round springs, mature trees,
dramatic rock outcroppings, and the views are simply jaw dropping. 10 acres of the 42 is a separate
parcel able to be built on, sold off, or kept as part of your own legacy. The 80' x 100' Sunward
outbuilding is comprised of a 48' x 100' indoor arena and an attached 32' x 100' stall area with 5 matted
stalls, shop plus outdoor wash rack. Water and electric. Don't have horses? You could hold your own
auto, RV and boat show in here, it's that big. The artisan-crafted main home offers elegance, rustic
charm, at the heart of which is a magnificent floor-to-ceiling bespoke river rock fireplace. Indian Slate,
Vermont Slate, Flagstone, California Redwood, & Leathered Brazilian Granite are just some of the
design features you'll find in here. Enjoy the spectacular sunset with a glass of wine in the hot tub taking
in those views, or start your day the same way with a cup of coffee and a sunrise that will take your
breath away. This home is built for enjoying the warmth of family, friends and guests with food and
drink, many wonderful occasions have been celebrated here. Not to be missed is the Casita, a 2 bed/1
bath ADU. Currently rented, the tenant is open to staying but the MTM lease can be terminated if you
prefer to have it as a guest house, multi-generational living quarters. All of this in an amazing location:
40 minutes to Denver, an hour to Denver International Airport, less than 2 hours to world class
skiing in Breckenridge.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
42.23 acres
Price per sqft
$1,177
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1930
Listed By
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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: 10 months ago (REcolorado MLS #6040503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Price Decreased |
$1,450,000
↓ $50K
(3.3%) | |
| Price Decreased | |||
| Dec 14, 2025 | Relisted | $1,500,000 | |
| Relisted | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Fireplace
With View
Parking Details
Has Garage
Parking Features: >8' Garage Door
Garage Spaces: 10
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Pantry, Walk-In Closet(s), Cathedral/Vaulted Ceilings
Appliances: Dishwasher
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Insert, Living Room, Single Fireplace
Exterior Details
Square Footage: 1232
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Spanish, Ranch
Year Built: 1930
Building Area Total: 1232
Levels: One
Other Structures: Outbuildings
Window Features: Skylight(s), Double Pane Windows
Construction Materials: Stucco, Wood Siding, Concrete, Wood/Frame
Patio and Porch Features: Patio, Deck
Lot Features: Wooded, Level
Lot Size Area: 1839539
Lot Size Units: Square Feet
Lot Size Acres: 42.23
Lot Size Square Feet: 1839539
Water Source: Well
Financial Details
Tax Annual Amount: $1,549
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Hot Water, Baseboard, Radiant
Sewer : Septic Tank, Septic
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Doubleheader
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Listed by: Tracy Molleur, Compass - Denver
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# 6040503
© 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.
Last Updated: 10 months ago
Data Source: REcolorado MLS, MLS# 6040503
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