NOT LISTED FOR SALE

464 Pinnacle View Dr Durango, CO 81301

Estimated Value: $4,228,000 - $7,860,509

5 Beds
7 Baths
10,215 Sq Ft
$598/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $3,870,000 $379 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $34,235/month

369 Days on Market

Highlights

  • Home fronts a pond
  • Mountain View
  • Deck
  • Durango High School Rated A-
  • Fireplace in Bedroom
  • Wooded Lot

About This Home

As of September 2023

Welcome to one of Durango’s premier mountain properties! This magnificent log home was built with massive Douglas Firs, some up to 20+ inches wide, that are a grandeur to behold. Located in the gated Two Dogs neighborhood, the home sits atop a knoll encompassing over 9 acres with far ranging views across the San Juan Mountains. The lodge-style home is designed to intimately host a couple or small gathering on the main level, while also providing space for 20 or more guests with its two bunkrooms and various living areas. The great room showcases breathtaking views through a 40-foot high wall of windows and opens onto a spacious deck, perfect for enjoying the surrounding landscape. The primary suite is situated in its own wing, complete with an office/den and private patio, with two additional suites with private baths on the main level. Bunkrooms on both the lower and upper levels each feature attached bathrooms, complemented by two half baths located on the main and lower levels. Additional amenities include an elevator off the garage entry, exercise room with sauna, two wet bars, large laundry room with ample built-in storage, and a soundproof wine tasting/game/cigar room equipped with a dedicated exhaust system. The property borders a 100-acre tract of National Forest to the north, protecting your privacy and views, as well as access to a semi-private pond shared among a few homes. VIEWS: From the main living areas, primary suite, and back deck, one can admire Engineer Mountain, Potato Hill (Spud Mountain as the locals know it), and deep into the Needles range. The kitchen, south bedroom suite, and front yard offer views of the soaring Hermosa Cliffs, Castle Rock, and ridgelines extending south into the Animas Valley. Fully furnished, including new Beautyrest mattresses and bedding, new kitchen elements, new O.W. Lee patio furniture, and a new Yamaha computerized player baby grand piano, the home is ready for you to show up and enjoy. UPDATES: Although the residence is only 20 years old, it has recently undergone extensive modernization. The recent renovations and enhancements feature a new lighting control system by Controls 4, an upgraded audio-visual system with individual audio selections in each room and remote access, a new security system equipped with water leak detection and remote shut-off, and whole house and kitchen water purification systems. Exterior improvements encompass log stripping, chinking, and refinishing around the entire home, refinishing of wood windows, replacement of the synthetic deck, a new Lynx outdoor grill, re-pointing of all exterior rock work with grout repairs, new hardscape features including rock stairs from the primary bedroom deck, a new fire pit and patio area, and a new top-of-the-line Jacuzzi Spa. Inquire for the full list of updates, further enhancing the home’s turn-key status and making it ready for the next 20 years! DURANGO: For those unfamiliar with Durango, it is a destination to not be missed! Come discover the exceptional value Durango offers in comparison to properties in Telluride, Aspen, and similar locations. Locally owned Purgatory Resort has received several accolades and has varied terrain to satisfy beginners to experts. Enjoy the après ski experience at the Nugget Mountain Bar, set within a historic D-log cabin and complemented by offerings from the Backcountry Gourmet food truck, conveniently situated between Purgatory and the home. The Durango Hot Springs Resort + Spa boasts over 40 soaking pools with stunning red cliff views. James Ranch, a historical working ranch, offers a remarkable restaurant, artisan cheese made on-site, a farm store, and year-round activities. Golf offerings include The Glacier Club, Dalton Ranch, and Hillcrest with valley or mountain views from nearly every hole. Downtown Durango has more restaurants per capita then San Francisco (as the local tourism board touts), ensuring a culinary experience for every taste.

Last Agent to Sell the Property

Lindsay Lubrant

Coldwell Banker Mountain Properties Listed on: 08/26/2022

Coldwell Banker Mountain Properties

Last Buyer's Agent

Jeremy Deas

Jeremy Deas, Independent Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 9.42 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $708 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Slab Foundation
  • Wood Shingle Roof
  • Stone Siding
  • Log Siding
  • Metal Construction or Metal Frame
  • Stick Built Home

Interior Spaces

  • 10,215 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Tongue and Groove Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Home Gym
  • Fireplace in Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Vented Exhaust Fan
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Water Purifier
  • Internet Available

Community Details

  • Association fees include sewer, trash, snow removal
  • Two Dogs HOA
  • Two Dogs Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 532501204007

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,417 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan, Water Purifier
  • Estimated Total Acres: 9.42
  • Class: RESIDENTIAL
  • Em Deposit: 150,000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Deck, Balcony, Covered Porch
  • Interior Inclusions: Window Coverings, All Furnishings, Wet Bar, Granite Counters, Pantry, Security System, T&G Ceilings, Fire Sprinklers, Fitness Room, Game Room
  • Legal Lot Block: Subdivision: TWO DOGS PHASE I Block: 0 Lot: 7 PROJ 98-51 464 PINNACLE VIEW DR DURANGO 81301 & Subdivision: TWO DOGS PHASE I Block: 0 Lot: 6 PROJ 98-51 463 PINNACLE VIEW DR DURANGO 81301
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 532501204007
  • Price Per Sq Ft: 378.85
  • Property Description: Borders Public Land, Wooded Lot, Cul-de-sac
  • Real Estate Included: Yes
  • Residence Stories: Three Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Siding: Log, Stone
  • Sold Price Sq Ft: 378.85
  • Street Descriptionaccess: Private, Paved
  • Street Designation: Drive
  • Waterfront Type: Pond
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: $12,248.76
  • Year Built: 2005
  • Foreign Owned Y N: No
  • Prop Description Remarks: Offering a stunning custom log estate, on nearly 10 acres, located in a private, gated community and perched on top of a land peninsula that unfolds to dramatic mountain scenes in every direction. Peer into the heart of the San Juan Mountain Range the moment you step through a dramatic entrance with floor to ceiling windows in the distance. Each level and room of the property offers scenic vistas of iconic landmarks and mountain features in Durango, Colorado. Situated near Purgatory Ski Resort and just minutes from historic downtown, this estate serves a basecamp for all of the adventures the region offers, every season. Plentiful space spans indoor rooms as well as outdoor entertaining areas. Currently being offered fully furnished, the designer furniture provides immediate enjoyment with luxury selections reflecting the spectacular mountain setting. Several amenities included are an elevator, home gym, wine cellar and card room, wet bar and billiards room, private study/home office, and an expansive guest wing. A thoughtful floorpan lends itself to massive entertaining while also satisfying the need for cozy, quiet and private evenings. The construction of the home details 20” logs throughout with ceiling heights spanning from 9 to 30 feet. Loaded with sound and security systems, radiant in-floor heat, custom plumbing and lighting fixtures, hand-forged custom metal work and hand-hewn support beams. Located within the private and desirable community known as Two Dogs, this estate sits on nearly ten acres and boarders open public lands. The community was carefully developed to preserve privacy of each owner as well as views. Common services are provided to owners including main road plowing, trash and water/sewer. A spacious masterpiece that lives conveniently with low-maintenance and built-in peace of mind.
  • Subdv Name: Two Dogs
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 20

Interior Features

  • Dining Room: Island, Eat-in Kitchen, Separate Dining
  • Dining Room: Yes
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Slate, Tile
  • Estimated Total Sq Ft: 10215
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 7
  • Family Room: Yes
  • Fireplace Location Type: Gas Logs, Gas Starters, Basement, Bedroom, Living Room, Den/Family Room
  • Foundation: Slab, Stemwall, Concrete, Piers
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Concrete/Block, Wood Frame, Metal Frame, Log
  • Roof: Wood Shingle
  • Views: Mountains, Valley

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Heating System: Floor Radiant

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Sewer, Trash, Snow Removal
  • Hoametro Fees: $8,500
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Two Dogs

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

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
Aug 26, 2022
Closed on
Sep 11, 2023
Sold by
Anderson C Floyd C and Anderson Sharon
Bought by
Cypress Creek Interest Llc
Seller's Agent
Lindsay Lubrant
Coldwell Banker Mountain Properties
Buyer's Agent
Jeremy Deas
Jeremy Deas, Independent Broker
List Price
$5,000,000
Sold Price
$3,870,000
Premium/Discount to List
-$1,130,000
-22.6%
Views
448
Current Estimated Value
$6,104,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,234,170
Avg. Annual Appreciation
21.91%

Purchase Details

Closed on
Aug 3, 2020
Sold by
Kapake Mountain Partners Llc
Bought by
Anderson C Floyd C and Anderson Sharon

Purchase Details

Closed on
Sep 18, 2007
Sold by
Hedrick Thomas F and Hedrick Madeleine M
Bought by
Kapake Mountain Partners Llc

Purchase Details

Closed on
Aug 29, 2000
Bought by
Kapake Mountain Partners Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cypress Creek Interest Llc $3,870,000 None Listed On Document
Anderson C Floyd C $3,025,000 None Listed On Document
Kapake Mountain Partners Llc -- None Available
Kapake Mountain Partners Llc $1,200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 For Sale $8,495,000 +119.5% $832 / Sq Ft
09/14/2023 09/14/23 Sold $3,870,000 -22.6% $379 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
01/06/2023 01/06/23 Price Changed $5,000,000 0.0% $489 / Sq Ft
01/06/2023 01/06/23 For Sale $5,000,000 -16.6% $489 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $5,995,000 -- $587 / 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 $10,032 $212,800 $22,490 $190,310
2024 $8,589 $204,570 $23,590 $180,980
2023 $8,589 $209,260 $24,130 $185,130
2022 $7,058 $216,020 $24,910 $191,110
2021 $7,096 $171,050 $25,630 $145,420
2020 $12,249 $304,400 $25,470 $278,930
2019 $11,740 $304,400 $25,470 $278,930
2018 $10,280 $266,820 $20,520 $246,300
2017 $10,064 $266,820 $20,520 $246,300
2016 $9,399 $270,110 $21,490 $248,620
2015 $8,843 $270,110 $21,490 $248,620
2014 -- $261,370 $17,910 $243,460
2013 -- $261,370 $17,910 $243,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797715

Colorado Real Estate Network (CREN)

APN: R420426