4 months on rocket

481 Far View Rd, Durango, CO, 81303

$1,960,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
5,000 SqFt
$392/SqFt
House

Location

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481 Far View Rd, Durango$1,960,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage6 spaces
Year Built2001
HeatingPropane, Steam, Fireplace(s), Floor Furnace
CoolingCeiling Fan(s)
FireplaceBedroom, Gas Starters, Heat-O-Later, Living Room
ViewMountain(s), Valley
MLS #816190
Lot Size4.73 Acres
StatusActive

About 481 Far View Rd

This unique property has it all. Located in the desirable King Mountain Estate sector of the Rafter J subdivision, it is a 18 min drive from downtown Durango and a short distance from Lake Nighthorse for boating, paddle boarding or swimming. It offers unsurpassed views of Durango, Wildcat Canyon and nearby mesas in a private 4.7 acre setting with one of the best sunrises in Durango. The subdivision has paved roads and the residence has a paved driveway. This home has something for everyone, whether you are looking to enjoy it for raising a family, hosting friends and family in spacious guest quarters, and/or if you are a collector, artist or hobbyist. Of special note is the high quality design, craftsmanship, materials and finishes in the home and outbuildings, which create an interior that is just as breathtaking as the setting. You’ll experience this upon entry in the residence, with an expansive foyer and den area, and dramatic combination of warm wood finishes and huge views showcasing Durango and surrounding mesas/canyons. The home’s thoughtfully designed interior features three separate living spaces, including a large loft area upstairs. The house is awash with natural light and features an open main level with beamed vaulted ceilings and tiled/hardwood floors, allowing for seamless flow between the kitchen, living room with a stone fireplace, dining room, and loft area. It is surrounded by an expansive deck perfect for entertaining or enjoying the peace and solitude amidst the magnificent natural views. Next to the chef kitchen is a formal dining room and a sun room. A spacious master suite, also on the main floor, has a private, covered porch with access to the hot tub area, a stand- alone gas fireplace, two large walk-in closets as well as double bathroom with Jacuzzi bathtub and double walk-in shower. The main floor also provides access to adjacent two bedroom guest quarters, complete with a small kitchen, living room, and full bathroom with combined shower/Jacuzzi bathtub. The lower level features a laundry room with large sink, a versatile large room with a small kitchen (perfect for a family room, play room, gym or man-cave), and an additional bedroom with full bath. Both the main floor guest quarters and lower level can be used as self-contained living quarters. The main floor of the residence is equipped with in-floor radiant heat while the lower level has floor board radiant heaters. All of the bedrooms have plentiful closet space and majestic views of the surrounding landscape. The storage is endless, fully customizable to meet every need, and doesn’t get any better than this. The expanded walk-out basement of the house allows access to the 4-car heated oversized garage. There is a large, detached heated shop with double garage door and enclosed two-bay storage building adjacent to it. There is also a freestanding artist/yoga studio with electric heat and deck nestled in the tall pines. The large, asphalt driveway can accommodate numerous cars and is also perfect for storing your RV or boat. Visionary Broadband provides exceptional internet service to the home from nearby Smelter Mountain. The property is equipped with an invisible fence for dogs. It also boasts an owner- owned 1000-gallon propane tank.This remarkable, one-of-a-kind home has been meticulously maintained and cared for. It offers an unparalleled blend of opulence, practicality, desirable features, breathtaking scenery, and is sure to impress even the most discerning buyer, while still having easy access to all the amenities and attractions of Durango.

Property Details

Property Features

Property Information:

  • Year Built: 2001
  • Stories: 2
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: EXIT Realty Home & Ranch
  • Listing Agent: Lonny Low

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Oven, Range, Range, Oven, Refrigerator, Washer
  • Flooring Type: Carpet-Partial, Hardwood, Tile
  • Interior: Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Sound System, Vaulted Ceiling, Granite Counters, Guest Quarters, Jetted Tub, Security System, Walk In Closet, Garage Door Opener
  • Fireplace: Bedroom, Gas Starters, Heat-O-Later, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley
  • Exterior: Balcony, Covered Porch, Deck, Hot Tub, Landscaping, Patio, Satellite Dish, Shed/Storage, Garage, Play House, RV/Boat Shelter, Workshop

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Virtual/3D Tour

  • 3D Tour: 481 Far View Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Wooded, Cul-De-Sac
  • Lot Size: 4.73 Acres

Utilities

Utilities Information:

  • Heating: Propane, Steam, Fireplace(s), Floor Furnace
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Wildcat canyon (CR 141) To rafter J/ King Mountain Subdivision, Right on Meadow Rd (CR 142) to Ridge road, right on Ridge follow to East View right until Far View Rd left to the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,960,000
  • Price Per SqFt: $392/SqFt

Tax Information:

  • Annual Amount: $2,288
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Durango, CO.

Med. List Price

$1.0M

Med. Price/SqFt

$469

Avg. Days On Market

111

481 Far View Rd vs Durango

120 DAYS ON ROCKET

+9 Days

$1,960,000

+$885K More

$392/SqFt

-$77 Less

KEY TAKEAWAY

This property is $885K more than the Median List Price and $77/SqFt less than other homes in Durango, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #816190

Listing Office:

  • Office Name: EXIT Realty Home & Ranch
  • Listing Agent: Lonny Low

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 11/17/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 13, 2021Home Sold
$1,089,900
Oct 08, 2004Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,288$56,860
2019$2,193$56,860
2018$1,972$51,190
2017$1,931$51,190

History based on county public records data.

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$9,850

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,943

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-565538
8
/10
  • Park Elementary School

  • 510 E 6th Ave

  • 3.33 miles

  • Public District Grades PK-5

school-card-donut-565539
5
/10
  • Needham Elementary School

  • 2425 W 3rd Ave

  • 3.80 miles

  • Public District Grades PK-5

school-card-donut-565540
5
/10
  • Riverview Elementary School

  • 2900 Mesa Ave

  • 4.63 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,750. Most Durango, CO residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 481 Far View Rd

What is the listing price of this property?

The listing price of 481 Far View Rd property is $1,960,000.

What type of property is this?

The property 481 Far View Rd is a house located in Durango, Colorado, 81303.

Is this property for sale now?

Active Listing: 481 Far View Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,288 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 13, 2021 for $1,089,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 481 Far View Rd has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 481 Far View Rd is 5,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 481 Far View Rd is 2001.

Rocket HomesColoradoLa Plata CountyDurango81303481 Far View Rd

This home is located at 481 Far View Rd in Durango, CO and zip code 81303. This 5,000 square foot home, which was built in 2001, sits on a 4.73 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $1,960,000.

Between September 2024 and October 2024, Durango, CO real estate market has seen increase in the number of listings by 28.3%. In October 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $1,075,000.

From Rocket Homes Real Estate and based on county public records data.

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