5 months on rocket

516 Cottonwood Lake Dr, Divide, CO, 80814

$549,000

Home List Price

$6,519*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,128 SqFt
$258/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

516 Cottonwood Lake Dr, Divide$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built1986
HeatingForced Air, Wood
CoolingCeiling Fan(s)
BasementYes
FireplaceWood Burning
ViewMountain(s), Trees/Woods
MLS #2223706
Lot Size1.88 Acres
StatusActive

About 516 Cottonwood Lake Dr

If a spectacular panoramic view of Pikes Peak is a must-have, then this home is a must-see with three floors of picturesque mountain and forest landscapes! On 1.88 acres of living in the desirable community of Highland Lakes, it is move-in ready with gorgeous new decks for your peaceful morning coffee, evening grilling, and dazzling night-sky meteor shower viewing. Towering windows allow you to soak in the natural beauty that surround this quiet property, including three bedrooms with an additional bonus room for your office, and a bathroom on each floor. The walk-out basement suite is ideal for your guests that the mountains draw, or as a unique opportunity for passive income as a rental, adding to the property's appeal and potential. With Starlink onsite, this retreat-style home is perfect for remote working, or ideal for those simply looking to escape the hustle and bustle of city life. This can be your slice of paradise, with stocked fishing within walking distance! Don't miss out on one of the best views in the area and enjoy your summer to the fullest - and just wait for the breathtaking Fall Aspen views!

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Living Area: 2,128 SqFt

Listing Office:

  • Office Name: Your Neighborhood Realty, Inc.
  • Office Phone: (719) 687-2222
  • Listing Agent: Michael Slaback

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Luxury Vinyl
  • Interior: Nine Foot Plus Ceilings
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods
  • Exterior: Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Corner Lot, Views
  • Lot Size: 1.88 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood
  • Cooling: Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $258/SqFt

HOA Fees:

  • Amount: $100
  • Frequency: Annually
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Divide, CO

City

Med. Sold Price

$557.5K

Med. Price/SqFt

$280

Avg. Days On Market

60

# of Sold Homes

28

516 Cottonwood Lake Dr vs Divide

155 DAYS ON ROCKET

+95 Days

$549,000

-$8.5K Less

$258/SqFt

-$23 Less

KEY TAKEAWAY

This property is $8.5K less than the Median Sold Price and $23/SqFt less than other homes in Divide, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #2223706

Listing Office:

  • Office Name: Your Neighborhood Realty, Inc.
  • Office Phone: (719) 687-2222
  • Listing Agent: Michael Slaback

IDX The real estate listing information and related content displayed on this site 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

Powered By

Rocket Mortgage

Advertisement

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-4509167
7
/10

  • Summit Elementary School

  • 490 Meadow Park Dr

  • 3.58 miles

  • Public District Grades PK-5

school-card-donut-4509168
5
/10

  • Columbine Elementary School

  • 175 E Kellys Rd

  • 9.13 miles

  • Public District Grades PK-5

school-card-donut-4509169
5
/10

  • Gateway Elementary School

  • 100 Panther Way

  • 9.28 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,503. Residents of Divide, CO typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Cottonwood Lake Dr

What is the listing price of this property?

The listing price of 516 Cottonwood Lake Dr property is $549,000.

What type of property is this?

The property 516 Cottonwood Lake Dr is a house located in Divide, Colorado, 80814.

Is this property for sale now?

Active Listing: 516 Cottonwood Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 516 Cottonwood Lake Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Cottonwood Lake Dr is 2,128 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Cottonwood Lake Dr is 1986.

Rocket Homes›Colorado›Teller County›Divide›80814›516 Cottonwood Lake Dr

This home is located at 516 Cottonwood Lake Dr in Divide, CO and zip code 80814 in the Highland Lakes neighborhood. This 2,128 square foot home, which was built in 1986, sits on a 1.88 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $549,000.

In November 2024 more than 1 listings in Divide, CO were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 21 were sold below. In November 2024 in Divide, CO there were 8.5% more homes for sale than in October 2024. While the average time on the market in November 2024 was 60 days, the median list price was $557,500.

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

More Resources