893 Saddle Ridge Cir
About This Property
Ideally situated between Grand Lake and Winter Park, you'll have year-round access to world-class skiing, golf, hiking, fishing, boating, and countless outdoor adventures. Whether you're planning a full-time residence, mountain retreat, or future investment, this is a rare opportunity to create a custom home in one of Grand County's premier golf communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2026 | Listed | $139,000 | |
| Listed | |||
| Sep 21, 2025 | No longer available | - | |
| No longer available | |||
| Aug 22, 2025 | Price Decreased |
$159,000
↓ $20K
(11.2%) | |
| Price Decreased | |||
| Sep 19, 2024 | Listed by Metro 21 Real Estate Group | $179,000 | |
| Listed by Metro 21 Real Estate Group | |||
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Discover the perfect canvas for your dream home in the prestigious Grand Elk Golf Community! Nestled on one of the highest streets in the neighborhood, this vacant lot offers unparalleled views and the opportunity to build your perfect home, complete with a walk-out basement. As a property owner in Grand Elk, you'll enjoy preferred golf access, along with exclusive access to the community pool and clubhouse. Don't miss this rare opportunity to create the home you've always envisioned in a community that offers both luxury and adventure. Located conveniently between Grand Lake and Winter Park, this lot puts you right in the heart of an outdoor paradise.
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| Jan 15, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017