Welcome to 1997 Cayman Dr, a meticulously maintained residence located in the sought-after Water Valley South neighborhood. The kitchen is a chef's delight, boasting a double oven, built-in microwave, and a 5-burner gas range. Throughout the home, you'll find custom touches like "Board & Batten" & shiplap walls on the main floor. Upstairs, the primary bedroom serves as a peaceful retreat with its large walk-in closet and stunning ensuite bathroom. Three additional bedrooms, a spacious loft, and a laundry room complete this level. Outside, the oversized stamped concrete patio with a built-in gas firepit is perfect for entertaining. This exceptional property is situated within a golf cart-friendly community that encompasses orchards, farms, lakes, beaches & open space, nestled within the Water Valley & Rain Dance communities. Residents have the option to obtain WaterDance memberships, granting access to amenities such as Rain Dance River Resort Pool & WClub Fitness Center. The community is home to a 27-hole Pelican Lakes Golf Course & convenient access to the 21+ mile Poudre River Trail adds to the recreational appeal of this locale. The community is renovating the restaurant, adding to the appeal of this desirable neighborhood. Enjoy the pinnacle of resort-style living in this remarkable property. The seller is offering a credit for exterior home paint allowing the buyers to customize to their liking.
$825,000
PRICED BELOW APPRAISED VALUE!! *3rd GEN Living* Best Deal in the neighborhood! What if I told you a 6,000+ square foot, 7 BEDROOM, 6 BATHROOM, modern craftsman style home, gazing towards the west, precisely placed on a professionally manicured, CORNER LOT of .24 ACRE is under 860k in Water Valley?! INSTANT EQUITY- 50k+ in renovations/updates 2024! BEST DEAL this year includes 2024 NEW ROOF, 2024
Bridget Osborne eXp Realty, LLC
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $848,500 | None Listed On Document | |
| Special Warranty Deed | $436,803 | Heritage Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $33,500 | New Conventional | |
| Open | $687,285 | VA | |
| Previous Owner | $19,329 | New Conventional | |
| Previous Owner | $406,792 | No Value Available | |
| Previous Owner | $416,997 | VA |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2025 08/23/25 | Price Changed | $825,000 | -2.9% | $137 / Sq Ft |
| 08/13/2025 08/13/25 | Price Changed | $849,900 | -1.2% | $141 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $859,900 | -1.1% | $142 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $869,900 | -1.1% | $144 / Sq Ft |
| 05/17/2025 05/17/25 | For Sale | $879,900 | +3.7% | $146 / Sq Ft |
| 06/11/2024 06/11/24 | Sold | $848,500 | 0.0% | $137 / Sq Ft |
| 04/04/2024 04/04/24 | For Sale | $848,500 | +1112.1% | $137 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $70,000 | -- | -- |
| 06/20/2013 06/20/13 | Sold | $70,000 | 0.0% | -- |
| 05/21/2013 05/21/13 | Pending | -- | -- | -- |
| 01/11/2013 01/11/13 | For Sale | $70,000 | -- | -- |
| 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 | $7,392 | $61,660 | $8,130 | $53,530 |
| 2024 | $7,392 | $61,660 | $8,130 | $53,530 |
| 2023 | $6,815 | $58,270 | $7,100 | $51,170 |
| 2022 | $6,153 | $43,870 | $6,810 | $37,060 |
| 2021 | $8,003 | $45,140 | $7,010 | $38,130 |
| 2020 | $4,953 | $38,520 | $6,290 | $32,230 |
| 2019 | $4,924 | $38,520 | $6,290 | $32,230 |
| 2018 | $4,538 | $34,410 | $5,040 | $29,370 |
| 2017 | $8,829 | $34,410 | $5,040 | $29,370 |
| 2016 | $5,281 | $39,390 | $5,410 | $33,980 |
| 2015 | $5,020 | $39,390 | $5,410 | $33,980 |
| 2014 | $755 | $5,440 | $5,440 | $0 |
Seller's Agent in 2025
Bridget Osborne
eXp Realty, LLC
(720) 727-6256
1 in this area
107 Total Sales
Seller's Agent in 2024
Kyle Basnar
Group Mulberry
(970) 481-5689
4 in this area
334 Total Sales
R
Seller's Agent in 2013
Ryan Bach
RE/MAX
Source: IRES MLS
MLS Number: 1005962
APN: R3031304
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