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614 Palomino Way, Crestone, CO, 81131

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
1 Full Bath, 2 Partial
4,090 SqFt
$159/SqFt
House

Location

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614 Palomino Way, Crestone$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built2003
HeatingElectric, Passive Solar, Pellet Stove
CoolingAir Conditioning
FireplaceBedroom, Great Room, Living Room, Pellet Stove
ViewMountain(s), Valley
MLS #5517570
Lot Size0.88 Acres
StatusActive

About 614 Palomino Way

Welcome to your luxurious mountain sanctuary with unmatched views & endless potential! This remarkable 4 BD, 3 BA, 4,090-sq ft custom home is set on nearly an acre of pristine, partially wooded land in Chalet 1. A rare jewel in the heart of the Baca, it embodies mountain luxury, craftsmanship, & high-end features. Built with exceptional quality, this home offers a rare opportunity to own something far below the cost of replacement. The center compression joint & oversized foundation allow for no load-bearing walls on the 2nd floor, maximizing design flexibility. Designed for relaxation and versatility, it offers the opportunity to create 2 distinct living spaces, perfect for multi-generational living, or rental potential. The upper-level great room, an approximate 1100-sq ft sunlit space, boasts panoramic views of the mountains & San Luis Valley. Perfect for entertaining, with a gourmet kitchen featuring a Café 6-burner range, with dramatic copper hood, Viking refrigerator, Café dishwasher, granite countertops, walk-in pantry, and even your own sauna! The wrap-around deck is the ideal spot for morning coffee or evening wine as the golden sunrise & sunset hues light up the sky. The primary suite is your private retreat, complete with a balcony perfect for stargazing and a spa-like 5-piece bath, featuring a soaking tub, full body shower, dual vanities, and a cozy propane fireplace. Downstairs, 3 spacious bedrooms, and a second kitchen with induction cooktop, fridge, & freezer provide a separate living space option. The large entry space downstairs can be a second family room, home theater, or creative studio, all wired for surround sound. Outside, Pinon pines offer privacy, while the landscaped yard includes fenced garden beds. The oversized two-car garage has an RV hookup with 500 amps and ample storage for all your gear. This serene mountain sanctuary blends luxurious living with nature's beauty. A rare find, this home offers peace, beauty, and boundless potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Mountain Contemporary
  • Year Built: 2003
  • Living Area: 4,090 SqFt

Listing Office:

  • Office Name: eXp Realty - ROCC
  • Office Phone: (719) 480-5347, (888) 440-2724
  • Listing Agent: Niamh Kelly-Weston

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Basement: No
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Sauna, Smoke Free, Sound System, Utility Sink, Walk-In Closet(s)
  • Fireplace: Bedroom, Great Room, Living Room, Pellet Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley
  • Exterior: Balcony, Garden, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 614 Palomino Way
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Rolling/Hilly, Landscaped, Many Trees, Secluded
  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

  • Heating: Electric, Passive Solar, Pellet Stove
  • Cooling: Air Conditioning

Other

Directions Information:

  • Directions: From County Rd T, turn right on Camino Baca Grande, then left on Palomino Way. Property will be on the right at the intersection of Panorama Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $159/SqFt

HOA Fees:

  • Amount: $658
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,907
  • Tax Year: 2020
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Housing Market Comparison

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

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Crestone, CO

City

Med. Sold Price

$479.7K

Med. Price/SqFt

$375

Avg. Days On Market

110

# of Sold Homes

2

614 Palomino Way vs Crestone

42 DAYS ON ROCKET

-68 Days

$649,000

+$169.2K More

$159/SqFt

-$216 Less

KEY TAKEAWAY

This property is $169.2K more than the Median Sold Price and $216/SqFt less than other homes in Crestone, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #5517570

Listing Office:

  • Office Name: eXp Realty - ROCC
  • Office Phone: (719) 480-5347, (888) 440-2724
  • Listing Agent: Niamh Kelly-Weston

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IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. 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.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make 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.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 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 the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
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, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2021Home Sold
$610,000
Oct 31, 2008Home Sold
$347,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,907$14,096
2019$1,946$14,096
2018$1,960$14,195

History based on county public records data.

Payment Calculator

$3,361

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

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-4314295
3
/10

  • Haskin Elementary School

  • 550 Sylvester Ave

  • 28.00 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 $34,712. Most Crestone, CO residents have annual incomes less than $35k. The most common type of family is single, 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 614 Palomino Way

What is the listing price of this property?

The listing price of 614 Palomino Way property is $649,000.

What type of property is this?

The property 614 Palomino Way is a house located in Crestone, Colorado, 81131.

Is this property for sale now?

Active Listing: 614 Palomino Way 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 $1,907 (source: MLS/based on county public records data).

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

The last sale was on April 1, 2021 for $610,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 614 Palomino Way has 4 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 614 Palomino Way is 4,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 614 Palomino Way is 2003.

Rocket Homes›Colorado›Saguache County›Crestone›81131›614 Palomino Way

This home is located at 614 Palomino Way in Crestone, CO and zip code 81131. This 4,090 square foot home, which was built in 2003, sits on a 0.88 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $649,000.

Crestone, CO housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. In November 2024 in Crestone, CO there were 3.1% less homes for sale than in October 2024. While the average time on the market in November 2024 was 110 days, the median list price was $479,750.

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

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