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Sold for $568,500
  • $568,500

    264 Brook Ridge Ave, Palmer Lake, CO 80133

    2beds
    2baths
    1,440sqft
    Single Family Residence
    Built in 1963
    -- sqft lot
    $590,900 Zestimate®
    $395/sqft
    $2,291 Estimated rent

    Home value

    $590,900

    $561,000 - $620,000

    $2,291/mo

    Zestimate® history
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    What's special

    Owners have recently rented the unit as a short term rental on VRBO and Air B&B and have strong rental income records. Inquire for more details. Nestled in the trees this cozy cabin is situated on a private half acre lot in the heart of The Historic Pinecrest. This updated home features modern updates with rustic charm. Views of soaring pines and Monument Creek are an added bonus. The main floor is flooded with natural light, features original hardwood floors, a wood burning stove, open floor concept, fully renovated kitchen and powder bath. Entertaining is easy in the fully remodeled kitchen w/ open shelving butcher block counters, a newly added gas stove, range hood, and new stainless steel appliances. The spacious deck with over 600 sq ft is a highlight of the main floor. The primary suite is spacious private oasis with dreamy views. In the primary suite you will find extra flex space perfect for a study, formal sitting, nursery, gym or possibly a 3rd bedroom. Updated systems include the electrical panels and hot water heater. A rare find in Pinecrest this home has an attached garage and oversized 8'3" garage door! Adjacent to the garage is a heated workshop + storage room. Enjoy outdoors on the spacious wrap around deck or in the charming front yard. Explore the land with over a half acre this property features 2 lots. At Palmer Lake Recreation Area enjoy year round events along with paddle boarding, kayak/rowing, fishing and even winter sports on the ice. Hiking options are abundant at the Palmer Lake Reservoir Trailhead, Santa Fe Open Space and Limbaugh Canyon. Walk to Downtown Palmer Lake and dine at O'Malleys Steak Pub, Rock House Ice Cream, Speed Trap, 105 Social House and Bella Panini. For more details call or email me on financials. This home was a STR for all but 1.5 months in 2023. It had an 84% annual occupancy rate. 95% occupancy rate for June-Sept in 2023. The owner has 123/125 reviews that are 5.0 stars with an average of 4.98 stars.

    Zillow last checked: 7 hours ago

    Listing updated: March 21, 2024 at 01:09am

    Listed by:

    Courtney Nelson 720-210-7377,

    Porchlight Real Estate Group

    Bought with:

    Leah Keeling

    Real Estate Marketing Group LLC

    Source: elevateMLS,MLS#: 6803642MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • Ceiling Fan(s), Wall Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas in Kitchen, Refrigerator, Washer
    • Laundry: Electric Hook-up
    Features
    • Basement: Full
    • Has fireplace: Yes
    • Fireplace features: Basement, Insert
    Interior area
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Fencing: None
    Lot
    • Size: 0.50 Acres
    Details
    • Parcel number: 7108126008

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Walk Out
    • Roof: Composite Shingle
    Condition
    • Year built: 1963

    Utilities & green energy

    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Palmer Lake

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/15/2024Sold$568,500+0.6%$395/sqft
    Source: elevateMLS #6803642 Report a problem
    2/4/2024Pending sale$565,000$392/sqft
    Source: REcolorado as distributed by MLS GRID #6495048 Report a problem
    2/1/2024Listed for sale$565,000+42.3%$392/sqft
    Source: REcolorado as distributed by MLS GRID #6495048 Report a problem
    10/1/2020Sold$397,000-0.7%$276/sqft
    Source: Public Record Report a problem
    8/19/2020Price change$399,900-4.8%$278/sqft
    Source: The Agency #1326474 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,044 +10.6%$35,260
    2023$1,849 -3.9%$35,260 +33.6%
    2022$1,924 $26,390 -2.8%

    Find assessor info on the county website

    Neighborhood: 80133

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lewis-Palmer-38

    Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $590,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $590,900