NOT LISTED FOR SALE

248 W Silver Ave Crestone, CO 81131

Estimated Value: $531,000

4 Beds
3 Baths
2,412 Sq Ft
$220/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2026

Last sale price $419,900 $174 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,455 / mo

51 Days on Market

Highlights

  • Wood Burning Stove
  • No HOA
  • Living Room
  • Bonus Room
  • Fireplace
  • Heating System Uses Propane

About This Home

As of May 2026

Location, location, location—this once-in-a-lifetime opportunity offers two income-producing properties in the very heart of downtown Crestone! Fronting W Silver Ave beside a park and year-round creek, this rare package blends a prime setting with versatile living and investment potential. The spacious main home reflects artistic Southwest design with an updated stone-accented kitchen, a decorative kiva-style fireplace paired with a large wood-burning stove, and soaring 16' ceilings in the great room. Expansive windows invite natural light and frame glimpses of the Sangre de Cristo Mountains, while sliding doors open to a private garden with raised beds, bamboo fencing, and space for outdoor dining or relaxation.
Upstairs, a separate income-generating apartment offers its own private entrance, high ceilings, wood-burning stove, full kitchen, and a sunny deck for morning coffee or evening stargazing. With three bedrooms and generous living space, this “treehouse retreat” has thrived as a successful Airbnb averaging ~$3,000/mo and most recently as a long-term rental producing ~$1,800/mo.
Also included is a charming one bedroom detached cottage, currently providing additional income, while a barn to the rear of the property offers appealing renovation potential. Set in the peaceful Deer Park area, the property is a natural sanctuary frequented by deer and shaded by mature trees, yet only steps from cafés, restaurants,Elephant Cloud market, art galleries, and community events. Whether you’re seeking a spacious private residence, dependable rental income, or a visionary downtown live/work setup, this rare opportunity captures the best of Crestone living. Prior concept sketches explored mixed-use ideas; buyers should verify any commercial or redevelopment potential with the Town of Crestone and Saguache County. Property is being sold in as-is condition. Seller encourages inspections, but will not be offering inspection resolution concessions or repairs.

Last Agent to Sell the Property

Kelly Weston

eXp Realty - ROCC Brokerage Email: kellywestonrealtor@gmail.com,719-480-5347 License #100081566 Listed on: 09/20/2025

eXp Realty - ROCC

Co-Listed By

Emily Donaldson

eXp Realty - ROCC Brokerage Email: kellywestonrealtor@gmail.com,719-480-5347 License #100084600

Last Buyer's Agent

Desiree Faraci

Dark Skies Realty LLC License #100104845

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1985

Lot Details

  • 14,375 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,412 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Wood Burning Stove
  • Living Room
  • Bonus Room

Bedrooms and Bathrooms

Schools

  • Crestone Charter Elementary School
  • Moffat Middle School
  • Moffat High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Crestone Subdivision

Listing and Financial Details

  • Exclusions: Sellers & tenants personal property.
  • Assessor Parcel Number 4604-073-42-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1985

Lot Details

0.33 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 2412
  • Exclusions: Sellers & tenants personal property.
  • Living Area: 2412
  • Pets Allowed: Yes
  • SubdivisionName: Crestone
  • Co List Office Mls Id: RECEXPC3
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2025-09-20
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.88400
  • REC_AdditionalLivingStructureYN: 1
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Electric, Propane, Wood Stove
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Moffat

Lot Info

  • Parcel Number: 4604-073-42-021
  • Lot Size Acres: 0.33
  • Building Area Total: 2412
  • Lot Size Sq Ft: 14374.8

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1904

Multi Family

  • Lease Expiration: 2026-04-30

MLS Schools

  • Elementary School: Crestone Charter
  • High School: Moffat

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Sold $419,900 -4.4% $174 / Sq Ft
10/01/2025 10/01/25 Price Changed $439,000 -7.6% $182 / Sq Ft
09/20/2025 09/20/25 For Sale $475,000 -- $197 / Sq Ft
Source: REcolorado®

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2007933

REcolorado®

APN: 460407342019

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