NOT LISTED FOR SALE

38 Elk Point Trail Durango, CO 81301

Estimated Value: $969,000 - $1,177,000

3 Beds
2 Baths
1,814 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $1,000,000 $551 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,704/month

4 Days on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Vaulted Ceiling
  • Deck
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of June 2024

Nestled in the picturesque Lakewood subdivision, this captivating log cabin mountain getaway provides a harmonious blend of timeless charm, exceptional craftsmanship, and natural splendor. Located just 10 minutes from Purgatory Ski Resort and 20 minutes from historic downtown Durango, this haven in the pines provides boundless possibilities. Beautifully crafted by the seller, the home’s original owner, the custom furniture, cabinets, and built-ins exude quality. Constructed in 1994, the rustic charm of the dead standing spruce logs, dried by nature prior to construction, adds character to the home's exterior and interior. Warmth emanates from a real wood-burning fireplace nestled within a local moss rock surround, creating a cozy atmosphere for gatherings. The kitchen boasts new quartz countertops, complemented by stainless steel appliances, including a dishwasher installed in 2024. Soaring vaulted ceilings frame panoramic views, with thoughtful window placement bringing in abundant natural light and vistas of the majestic cliffs, which you can also enjoy from the spacious deck leading out from the living room. Pine floors and the tranquility of its private location amidst stunning natural surroundings complete the inviting ambiance. The main floor features a welcoming air-lock entry mudroom with slate tiles and built-in cabinetry, perfect for storing goods and gear. In total, the house sleeps eight. There are two main level bedrooms, one with twin beds and a desk, and a second with queen bed, handcrafted blanket chest, and armoire. Both bedrooms are oriented to take in the private views to the back of the property. Sleeping arrangements also include a queen size sleeper couch. The primary suite upstairs has thoughtfully designed built-in drawers, cabinets, and a spacious walk-in closet. The office loft offers a serene workspace illuminated by a skylight. The unfinished 1200 square-foot basement provides a laundry area, ample storage, and room for toys, such as a snowmobile or ATV, complete with garage doors that swing open for easy access. Additional features include a large-capacity Marathon water heater, Lennox furnace, and new dryer. The property also hosts an insulated detached garage/workshop with wood floors, a loft space, and 220V power, which could be converted to a guesthouse. With its log home aesthetic, metal roof, and a prepped pad for a carport, this property blends rustic charm with modern convenience. This home is offered fully furnished and could be a vacation rental investment opportunity (see attached revenue projection analysis from VRC). The adjacent 1-acre parcel, also owned by the sellers, provides further potential for expansion or preservation of the captivating surroundings. With its low road maintenance agreement of approximately $900/year, which includes snow removal on the roads and driveways, this never-before offered home is a must-see for anyone seeking a meticulously maintained, handcrafted mountain retreat. Act swiftly to seize this rare opportunity, as it is sure to appeal to discerning buyers seeking a harmonious blend of luxury and natural splendor.

Last Agent to Sell the Property

Christina Rinderle

Durango Land and Homes Listed on: 05/20/2024

Last Buyer's Agent

Brookelyn Blea

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1994

Lot Details

  • 1 Acre Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 1,814 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Wood Burning Stove
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • 1 Home Office
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Animas Valley K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Engineered Septic
  • Septic Tank
  • Internet Available

Community Details

  • Association fees include road maintenance
  • Spruce Mesa Road Association
  • Lakewood Meadow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 532514104019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 1994

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 1
  • Class: RESIDENTIAL
  • Em Deposit: $20,000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, All Furnishings, Vaulted Ceiling, T&G Ceilings, Walk In Closet, Mud Room
  • Legal Lot Block: Subdivision: LAKEWOOD MEADOWS #1 Block: 0 Lot: 86 LAKEWOOD MEADOWS SUB 38 ELK POINT DURANGO 81301
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 532514104019
  • Price Per Sq Ft: 551.27
  • Real Estate Included: Yes
  • Realist Id: 5325-141-04-019
  • Residence Stories: 1.5 Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 551.27
  • Street Designation: Trail
  • Tax Account Id: R000671
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1,608.44
  • Year Built: 1994
  • Foreign Owned Y N: No
  • Prop Description Remarks: Nestled in the picturesque Lakewood subdivision, this captivating log cabin mountain getaway provides a harmonious blend of timeless charm, exceptional craftsmanship, and natural splendor. Located just 10 minutes from Purgatory Ski Resort and 20 minutes from historic downtown Durango, this haven in the pines provides boundless possibilities. Beautifully crafted by the seller, the home’s original owner, the custom furniture, cabinets, and built-ins exude quality. Constructed in 1994, the rustic charm of the dead standing spruce logs, dried by nature prior to construction, adds character to the home's exterior and interior. Warmth emanates from a real wood-burning fireplace nestled within a local moss rock surround, creating a cozy atmosphere for gatherings. The kitchen boasts new quartz countertops, complemented by stainless steel appliances, including a dishwasher installed in 2024. Soaring vaulted ceilings frame panoramic views, with thoughtful window placement bringing in abundant natural light and vistas of the majestic cliffs, which you can also enjoy from the spacious deck leading out from the living room. Pine floors and the tranquility of its private location amidst stunning natural surroundings complete the inviting ambiance. The main floor features a welcoming air-lock entry mudroom with slate tiles and built-in cabinetry, perfect for storing goods and gear. In total, the house sleeps eight. There are two main level bedrooms, one with twin beds and a desk, and a second with queen bed, handcrafted blanket chest, and armoire. Both bedrooms are oriented to take in the private views to the back of the property. Sleeping arrangements also include a queen size sleeper couch. The primary suite upstairs has thoughtfully designed built-in drawers, cabinets, and a spacious walk-in closet. The office loft offers a serene workspace illuminated by a skylight. The unfinished 1200 square-foot basement provides a laundry area, ample storage, and room for toys, such as a snowmobile or ATV, complete with garage doors that swing open for easy access. Additional features include a large-capacity Marathon water heater, Lennox furnace, and new dryer. The property also hosts an insulated detached garage/workshop with wood floors, a loft space, and 220V power, which could be converted to a guesthouse. With its log home aesthetic, metal roof, and a prepped pad for a carport, this property blends rustic charm with modern convenience. This home is offered fully furnished and could be a vacation rental investment opportunity (see attached revenue projection analysis from VRC). The adjacent 1-acre parcel, also owned by the sellers, provides further potential for expansion or preservation of the captivating surroundings. With its low road maintenance agreement of approximately $900/year, which includes snow removal on the roads and driveways, this never-before offered home is a must-see for anyone seeking a meticulously maintained, handcrafted mountain retreat. Act swiftly to seize this rare opportunity, as it is sure to appeal to discerning buyers seeking a harmonious blend of luxury and natural splendor.
  • Subdv Name: Lakewood Meadow
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Kitchen Bar, Kitchen/Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 1814
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room, Woodstove
  • Foundation: Basement-walk out, Basement-unfinished
  • Master Bedroom Level: Upper Level
  • Total Office Den: 1

Exterior Features

  • Construction Type: Log
  • Exterior Structures: Garage, Workshop
  • Roof: Metal
  • Views: Mountains, Valley

Garage/Parking

  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 178667

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: $400
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Spruce Mesa Road Association

Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 27, 2024
Sold by
Taylor Scott A and Taylor Corinne L
Bought by
Yale Jacqueline Justine and Yale Scott Howard
Seller's Agent
Christina Rinderle
Durango Land and Homes
Buyer's Agent
Brookelyn Blea
RE/MAX Pinnacle
List Price
$979,000
Sold Price
$1,000,000
Premium/Discount to List
$21,000
2.15%
Views
26
Current Estimated Value
$1,043,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,055
Avg. Annual Appreciation
3.35%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yale Jacqueline Justine $1,000,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $1,000,000 +2.1% $551 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $979,000 -- $540 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,879 $43,720 $9,300 $34,420
2024 $1,608 $38,310 $9,100 $29,210
2023 $1,608 $41,990 $9,970 $32,020
2022 $1,461 $43,550 $10,340 $33,210
2021 $1,469 $35,400 $7,090 $28,310
2020 $1,343 $33,380 $6,730 $26,650
2019 $1,287 $33,380 $6,730 $26,650
2018 $1,241 $32,210 $5,030 $27,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813737

Colorado Real Estate Network (CREN)

APN: R000671