$247,000
$28K PRICE DROP

47 Lower Terrace Dr Creede, CO 81130

Estimated payment $1,374/month

Total Views 3,768
3 Beds
1 Bath
600 Sq Ft
$412 Price per Sq Ft

Highlights

  • Gated Community
  • Deck
  • Furnished
  • Creek or Stream View
  • Wood Flooring
  • Covered Patio or Porch

About This Home

Step back into a special place in time with this original tiny cabin and live your Colorado dream. Three bedrooms, one bathroom, and a lot of charm! Lovingly maintained by the same owner for 26 years, this is a once-in-a-lifetime opportunity to make new memories for years to come. On a little more than half an acre with mature trees, this is the best fishing cabin you will ever find! This cabin is one of the original cabins built in 1938 when Big River Ranch was a dude ranch, and still shows the cabin number “12” on the door. Sold fully furnished, so show up and enjoy and worry about the rest later! Enjoy magical sunsets on the western facing covered deck that overlooks the expansive .57 acre lot with mature cottonwood and towering pines. The birdsongs will enchant you all day, and be careful not to startle the families of turkeys and deer that make this place their home too. Summer only access due to shared well and septic that gets turned on mid May to mid October. Big River Ranch is one of the few private gated communities in the area. Located on the Rio Grande River, and backing to the Rio Grande National Forest, you can enjoy easy access hiking, and private fishing rights for a mile along some of the best fishing in all of Colorado. Put your raft in or take it out less than 25 yards away. Everyone knows each other, and the summers are magical with wildlife as your neighbors too. Wild turkeys, deer, foxes, and the occasional bears live in harmony day after day. No short term rentals allowed means a closer knit community. Shared community storage for small boats and bikes, a community picnic pavilion and kid’s playhouse, and full size playground for everyone to enjoy. Easily walk the mostly flat dirt roads to get your steps in, and don’t worry about cars running you over. Make sure you get here by July 4th for the annual community picnic that’s right next door at the picnic pavilion!

Listing Agent

Kristin Walter

Mountain Dream Real Estate, LLC Listed on: 06/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 1938

Lot Details

  • 0.57 Acre Lot

HOA Fees

  • $48 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain

Home Design

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

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Creede K-6 Elementary School
  • Creede 7-12 Middle School
  • Creede 7-12 High School

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Well
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Shared Sewer
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 484531202001

Community Details

Overview

  • Association fees include sewer, trash, water, snow removal, fishing rights, road maintenance
  • Big River Ranch HOA
  • Big River Ranch Subdivision

Recreation

  • Community Playground
  • Park

Additional Features

  • Community Storage Space
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 1938

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.57
  • Class: RESIDENTIAL
  • Common Facilities: Park, Playground, Storage, Gated Community
  • Elevation: 8,418 ft
  • Em Deposit: 2000
  • Em Holder: South Fork Title
  • Exterior Inclusions: Deck, Covered Porch
  • Interior Inclusions: Window Coverings, All Furnishings
  • Legal Lot Block: LOT 1 BLOCK 2 BIG RIVER RANCH .28 AC COMMON AREA
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 484531202001
  • Price Per Sq Ft: 411.67
  • Real Estate Included: Yes
  • Realist Id: 484531202001
  • Residence Stories: One Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Wood
  • Street Descriptionaccess: Private, Seasonal, Dirt, Private Winter Maintenanc
  • Street Designation: Drive
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 120.52
  • Year Built: 1938
  • Foreign Owned Y N: No
  • Prop Description Remarks: Step back into a special place in time with this original tiny cabin and live your Colorado dream. Three bedrooms, one bathroom, and a lot of charm! Lovingly maintained by the same owner for 26 years, this is a once-in-a-lifetime opportunity to make new memories for years to come. On a little more than half an acre with mature trees, this is the best fishing cabin you will ever find! This cabin is one of the original cabins built in 1938 when Big River Ranch was a dude ranch, and still shows the cabin number “12” on the door. Sold fully furnished, so show up and enjoy and worry about the rest later! Enjoy magical sunsets on the western facing covered deck that overlooks the expansive .57 acre lot with mature cottonwood and towering pines. The birdsongs will enchant you all day, and be careful not to startle the families of turkeys and deer that make this place their home too. Summer only access due to shared well and septic that gets turned on mid May to mid October. Big River Ranch is one of the few private gated communities in the area. Located on the Rio Grande River, and backing to the Rio Grande National Forest, you can enjoy easy access hiking, and private fishing rights for a mile along some of the best fishing in all of Colorado. Put your raft in or take it out less than 25 yards away. Everyone knows each other, and the summers are magical with wildlife as your neighbors too. Wild turkeys, deer, foxes, and the occasional bears live in harmony day after day. No short term rentals allowed means a closer knit community. Shared community storage for small boats and bikes, a community picnic pavilion and kid’s playhouse, and full size playground for everyone to enjoy. Easily walk the mostly flat dirt roads to get your steps in, and don’t worry about cars running you over. Make sure you get here by July 4th for the annual community picnic that’s right next door at the picnic pavilion!
  • Subdv Name: Big River Ranch
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 600
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Foundation: Wood
  • Main Level Sq Ft: 600
  • Master Bedrm Dimensions: 15.11 x 7.2
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Windows: Single Pane
  • Construction Type: Wood Frame, Log, Wood
  • Roof: Metal
  • Views: Mountains, Stream/River

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Electric Supplier: San Luis Valley Rural Electric Cooperative
  • Heating System: Space Heater
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 78771-F

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Sewer, Trash, Water, Snow Removal, Fishing Rights, Road Maintenance
  • Hoametro Fees: 575
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Big River Ranch

Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12
  • High School: Creede 7-12
  • High School: Creede 7-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Creede K-6
  • Middle School: Creede 7-12

Map

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

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
2024 $121 $5,440 $2,488 $2,952
2023 $119 $1,754 $802 $952
2022 $319 $4,603 $2,304 $2,299
2021 $336 $4,736 $2,371 $2,365
2020 $334 $4,736 $2,371 $2,365
2019 $334 $4,736 $2,371 $2,365
2018 $314 $4,443 $2,061 $2,382
2017 $315 $4,443 $2,061 $2,382
2016 $336 $4,753 $2,279 $2,474
2015 $339 $4,753 $2,279 $2,474
2014 $339 $4,753 $2,279 $2,474
2012 $231 $51,419 $20,340 $31,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 Price Changed $247,000 -0.8% $412 / Sq Ft
08/18/2025 08/18/25 Price Changed $249,000 -6.0% $415 / Sq Ft
08/09/2025 08/09/25 Price Changed $265,000 -3.6% $442 / Sq Ft
07/16/2025 07/16/25 For Sale $275,000 0.0% $458 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $275,000 -- $458 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Deed $46,600 --
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 824913

Colorado Real Estate Network (CREN)

APN: 484531202001