NOT LISTED FOR SALE

1889 Fall River Rd Estes Park, CO 80517

Estimated Value: $1,380,000 - $2,885,510

28 Beds
23 Baths
14,183 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $3,200,000 $226 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $16,506/month

126 Days on Market

Highlights

  • Water Views
  • 11.25 Acre Lot
  • Wooded Lot
  • Horses Allowed On Property
  • Deck
  • No HOA

About This Home

As of June 2022

11.25 acres with beautiful mountain & river views minutes from the entrance to Rocky Mountain National Park and the mountain Town of Estes Park, CO. 28 bedrooms total with 11 cabins with on-site parking and a mountain lodge with 6 regular & deluxe rooms, large grand view lodge, loafing shed, large playground, rental office with large manager's quarters above and a 3,600 sf log home near the top of the mountain (unfinished, so you can complete it to your desired specifications!). THE BUSINESS AND BUSINESS ASSETS INCLUDED AT NO ADDITIONAL COST. AMBERWOOD WAS AVERAGING $425,000 PER YEAR IN SALES WHEN OPERATIONAL. BUSINESS HAS BEEN CLOSED SINCE 2020.

Last Agent to Sell the Property

Mark O'Donnell

Colorado Commercial, Ltd Listed on: 09/13/2021

Last Buyer's Agent

Mark O'Donnell

Colorado Commercial, Ltd Listed on: 09/13/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 11.25 Acre Lot
  • Property fronts a highway
  • Unincorporated Location
  • Wooded Lot

Property Views

  • Water
  • Mountain

Home Design

  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 28 Bedrooms
  • 14,183 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Circulating Fireplace
  • Window Treatments
  • Microwave

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Estes Park Elementary School
  • Estes Park Middle School
  • Estes Park High School

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Propane
  • Septic System

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Horses Allowed On Property

Listing and Financial Details

  • Tenant pays for deposit, electricity, water, sewer, taxes, insurance, interior maintenance, common area maintenance, exterior maintenance, structural maintenance, trash collection
  • Assessor Parcel Number R0568414

Community Details

Overview

  • No Home Owners Association
  • 18 Units
  • /220573 S22 To5 R73 Subdivision

Recreation

  • Hiking Trails

Building Details

  • Gross Income $425,000
  • Net Operating Income $135,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: Yes
  • Lot Size Acres: 11.25
  • Road Frontage Type: Highway
  • Subdivision Name: /220573 - S22 TO5 R73
  • Directions: From downtown Estes Park, drive 4 approximately 4 minutes west on Fall River Road. Property is on the right.
  • Architectural Style: Cabin, Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 14183
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial, Additional Units
  • Private Spa: No
  • Appliances: Refrigerator, Microwave
  • Has Basement: None
  • Total Bedrooms: 28
  • Fireplace Features: Circulating
  • Fireplace: Yes
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Fire Hydrant within 500 Feet, Wooded, Unincorporated
  • View: Mountain(s), Water
  • Waterfront: No
  • Construction Type: Log
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Heating: Baseboard, Wood Stove
  • Utilities: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Hiking/Biking Trails
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Estes Park,Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: EV A1
  • Current Use: Horses
  • Lot Size Sq Ft: 490050
  • Parcel #: R0568414
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Exterior Maintenance, Structural Maintenance, Trash Collection

Tax Info

  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 425000
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2025
Sold by
Kcl Holdings Llc
Bought by
Amberwood Cabins Llc
Current Estimated Value
$2,238,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,117,000
Outstanding Balance
$5,117,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
-$2,878,163

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jun 1, 2022
Sold by
Amberwood Estate Ltd Lllp
Bought by
Kcl Holdings Llc
Seller's Agent
Mark O'Donnell
Colorado Commercial, Ltd
Buyer's Agent
Mark O'Donnell
Colorado Commercial, Ltd
List Price
$3,700,000
Sold Price
$3,200,000
Premium/Discount to List
-$500,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.40%
Original Mortgage
$2,400,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1997
Sold by
Clements Lanelle
Bought by
Amberwood Estates Ltd Lllp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Amberwood Cabins Llc -- Fitco (First Integrity Title C
Kcl Holdings Llc $3,200,000 Land Title
Amberwood Estates Ltd Lllp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amberwood Cabins Llc $5,117,000
Previous Owner Kcl Holdings Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $3,200,000 -13.5% $226 / Sq Ft
01/17/2022 01/17/22 For Sale $3,700,000 0.0% $261 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
10/20/2021 10/20/21 Price Changed $3,700,000 -3.9% $261 / Sq Ft
09/13/2021 09/13/21 For Sale $3,850,000 -- $271 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $58,973 $837,744 $206,240 $631,504
2024 $58,306 $837,744 $206,240 $631,504
2022 $27,912 $374,448 $64,520 $309,928
2021 $27,883 $374,818 $64,620 $310,198
2020 $29,599 $392,059 $99,213 $292,846
2019 $29,380 $392,059 $99,213 $292,846
2018 $27,973 $361,750 $99,276 $262,474
2017 $28,129 $361,750 $99,276 $262,474
2016 $23,766 $316,535 $118,505 $198,030
2014 $20,596 $285,490 $118,500 $166,990
Source: Public Records

Agents Affiliated with this Home

  • Mark O'Donnell

    Seller's Agent in 2022

    Mark O'Donnell

    Colorado Commercial, Ltd

    (970) 690-8885

    1 in this area

    22 Total Sales

    Mark O'Donnell
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Map

Source: IRES MLS

MLS Number: 950922

IRES MLS

APN: 35221-00-010

Colorado Larimer County Estes Park 80517

1889 Fall River Rd, Estes Park, CO

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

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.

Information deemed reliable but not guaranteed by the MLS.

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