97 Lookout Ridge Dr
About This Property
Enjoy a freshly painted interior with new flooring that brings warmth and character throughout the home. The high-end remodeled kitchen is perfect for preparing meals and entertaining, featuring quality finishes that blend style and function. The flexible bonus room offers plenty of options-set it up as a home office, workout space, or extra sleeping area for guests.
Relax by the stone fireplace after a day outdoors, or head right out your back door to open space-your own little patch of nature. Two private decks are perfect for soaking in the fresh mountain air with your morning coffee or evening drink. The attached one-car garage makes it easy to store all your gear.
Located just minutes from groceries, dining, shops, and entertainment, with five major ski resorts within easy reach. In summer, enjoy live music at the Dillon Amphitheater, the local farmers market, and miles of hiking and biking trails around Lake Dillon.
Whether you're looking for a full-time home, vacation getaway, or short-term rental investment (yes, STRs are allowed!), this is the perfect base for exploring everything Summit County has to offer. Schedule your showing today and come see what makes this mountain home so special!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Jul 22, 2025 | Price Decreased |
$900,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$925,000
↓ $40K
(4.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017