7 months on rocket

5525 Mt Elbert Dr, Lake City, CO, 81235

$1,299,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,515 SqFt
$370/SqFt
House

Location

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5525 Mt Elbert Dr, Lake City$1,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage
Garage5 spaces
Year Built1998
HeatingPropane, Wood, Steam, Floor Furnace, Wood Stove
CoolingOther, Ceiling Fan(s)
BasementYes
WaterfrontRiver
FireplaceDen/Family Room, Woodstove
ViewMountain(s), Valley
MLS #812261
Lot Size1.50 Acres
StatusActive

About 5525 Mt Elbert Dr

Price reduced...Beautiful custom log home located on 1.5 acres with an additional 1/3 undivided interest in 35 +/- acres of deed restricted ranch land in the exclusive Lake Fork Hunting & Fishing Club. Home is located within the Lake Fork Estates North Subdivision overlooking the Lake Fork of the Gunnison River and only 10 minutes north of the Town of Lake City. This home has it all! Offering 3,515+/- sq. ft. of residential living space with a main floor primary bedroom, 3 guest bedrooms, 3 1/2 bathrooms, open living/dining/kitchen area with access to partially covered deck, main floor utility/pantry and a fully finished walkout basement with west facing views and a large family/game area. Kitchen has granite counter tops, maple cabinets, stainless steel appliances and a large propane oven/stove. Additional amenities include vaulted T&G ceilings, partial hardwood floors, custom log accents, wood burning stove, efficient in-floor heat, ample storage and an attached 1-car garage. Enjoy incredible views from the partially covered large deck. Also situated on the property is an engineered 2-level detached heated garage to store extra vehicles, toys and all of your mountain recreational gear. Come and get away from it all while you enjoy 3+ miles of private river fishing or in one of the 12 fully stocked private ponds. Wonderful year round home or seasonal retreat with full time subdivision caretakers for the property owners. A true gem in the heart of the San Juan Mountains of Colorado. Please contact broker to schedule your showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 1998
  • Stories: 3
  • Living Area: 3,515 SqFt

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: Jeff Worthen

Interior Features

Interior Information:

  • Appliances: Trash Compactor, Dishwasher, Disposal, Range, Oven
  • Basement: Yes
  • Flooring Type: Carpet-Partial, Hardwood, Tile
  • Interior: Wood Stove, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Jetted Tub, Pantry, T&G Ceilings, Walk In Closet, Garage Door Opener
  • Fireplace: Den/Family Room, Woodstove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: River
  • View: Mountain(s), Valley
  • Exterior: Covered Porch, Deck, Landscaping, Garage

Parking Information:

  • Garage Space: 5 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Propane, Wood, Steam, Floor Furnace, Wood Stove
  • Cooling: Other, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Located in a private subdivision north of Lake City. Please call Broker.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,299,000
  • Price Per SqFt: $370/SqFt
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Housing Market Comparison

See how this home compares to others in Lake City, CO.

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Lake City, CO

City

Med. List Price

$599K

Med. Price/SqFt

$377

Avg. Days On Market

101

5525 Mt Elbert Dr vs Lake City

230 DAYS ON ROCKET

+129 Days

$1,299,000

+$700K More

$370/SqFt

-$8 Less

KEY TAKEAWAY

This property is $700K more than the Median List Price and $8/SqFt less than other homes in Lake City, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #812261

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: Jeff Worthen

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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COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

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Fair Housing Disclaimer
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-581056
6
/10

  • Ridgway Elementary School

  • 1115 Clinton St

  • 26.05 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 $78,500. Most Lake City, CO residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5525 Mt Elbert Dr

What is the listing price of this property?

The listing price of 5525 Mt Elbert Dr property is $1,299,000.

What type of property is this?

The property 5525 Mt Elbert Dr is a house located in Lake City, Colorado, 81235.

Is this property for sale now?

Active Listing: 5525 Mt Elbert 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 5525 Mt Elbert Dr has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5525 Mt Elbert Dr is 3,515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5525 Mt Elbert Dr is 1998.

Rocket Homes›Colorado›Hinsdale County›Lake City›81235›5525 Mt Elbert Dr

This home is located at 5525 Mt Elbert Dr in Lake City, CO and zip code 81235. This 3,515 square foot home, which was built in 1998, sits on a 1.50 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $1,299,000.

The number of homes for sale in Lake City, CO increased by 15.4% between September 2024 and October 2024. In October 2024 median list price was $599,000 and the average listing age was 101 days.

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

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