900 Elk Valley Dr
About This Property
With well and septic already in place and some clearing completed, you're one step closer to building your dream home. The expansive lot offers at least two possible build sites, each surrounded by majestic pine trees, dramatic rock outcroppings, and panoramic views of the surrounding mountains and valleys. Enjoy the convenience of paved and maintained road access.
You'll be close to downtown Evergreen, the Evergreen Lake House, Evergreen Golf Course, and the world-famous El Rancho Restaurant, as well as scenic hiking trails and charming local shops. Outdoor adventures abound-whitewater rafting and fly fishing on the Clear Creek River, hiking Mount Evans, ziplining, ice fishing in Georgetown, or unwinding at the Indian Hot Springs. Winter sports lovers will appreciate being just 17 miles from Echo Mountain and only 35-40 minutes from Loveland Ski Resort.
With high-speed internet or Starlink available, this property offers the ideal balance of mountain tranquility and modern connectivity-perfect for both full-time living and weekend escapes. Own a piece of the Rockies and make your mountain dream a reality!
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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 |
|---|---|---|---|
| Aug 23, 2025 | Price Decreased |
$150,000
↓ $23K
(13%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed by Grisham & Associates LLC | $172,500 | |
| Listed by Grisham & Associates LLC | |||
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Aug 8, 2021 | Listed by Grisham & Associates LLC | $150,000 | |
| Listed by Grisham & Associates LLC | |||
| Sep 9, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017