538 8th St Steamboat Springs, CO 80487
Estimated payment $9,430/month
Highlights
- Ski Accessible
- City View
- Wood Flooring
- Soda Creek Elementary School Rated A-
- Property is near public transit
- Corner Lot
About This Home
DEVELOPMENT OPPORTUNITY in Old Town Steamboat. Rare opportunity to develop this sizable downtown lot into 2 investment properties in the heart of downtown Steamboat. This .33-acre property is eligible to be subdivided into two city lots under RO Zoning (Residential Old Town). Options include building two homes—each with an ADU—or constructing a larger home with an ADU on one lot. Zoning also allows for the development of a duplex. Flat topography makes for easier site prep and the approximately 150 feet of alley access provides added convenience and privacy. Buyers are encouraged to confirm all planning and building possibilities with the City of Steamboat Planning Department. To subdivide, it is likely the existing 1508 SF home will need to be removed; thus the property is being sold “as is.” Ideally located across from Soda Creek Elementary and within walking or biking distance to downtown shops, restaurants, parks, and both the middle and high schools. Contact broker for more details, including plats, surveys, conceptual lot-split drawings, existing conditions, and dimensional standards for RO zoning.
Listing Agent
Steamboat Sotheby's International Realty Brokerage Phone: (970) 846-5569 License #FA40034272 Listed on: 07/19/2025
Co-Listing Agent
Steamboat Sotheby's International Realty Brokerage Phone: (970) 846-5569 License #FA100076009
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,501
Year Built
- Built in 1961
Lot Details
- 0.33 Acre Lot
- Corner Lot
- Level Lot
- May Be Possible The Lot Can Be Split Into 2+ Parcels
Parking
- Parking Pad
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 1,508 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Utility Room
- City Views
- Crawl Space
- Laminate Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Soda Creek Elementary School
- Steamboat Springs Middle School
- Steamboat Springs High School
Utilities
- Forced Air Heating System
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Smoke Free Home
- Shed
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number R6776289
Community Details
Overview
- No Home Owners Association
- 1St Add To Steamboat Springs Subdivision
Recreation
- Ski Accessible
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,501 | $83,520 | $57,270 | $26,250 |
| 2023 | $3,501 | $83,520 | $57,270 | $26,250 |
| 2022 | $2,827 | $51,210 | $32,840 | $18,370 |
| 2021 | $2,877 | $52,670 | $33,780 | $18,890 |
| 2020 | $2,848 | $52,510 | $35,040 | $17,470 |
| 2019 | $2,778 | $52,510 | $0 | $0 |
| 2018 | $2,232 | $44,730 | $0 | $0 |
| 2017 | $2,204 | $44,730 | $0 | $0 |
| 2016 | $1,827 | $40,170 | $26,470 | $13,700 |
| 2015 | $1,787 | $40,170 | $26,470 | $13,700 |
| 2014 | $1,965 | $42,240 | $27,860 | $14,380 |
| 2012 | -- | $52,960 | $33,830 | $19,130 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $1,690,000 | -- | $1,121 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $413,000 | New Conventional | |
| Closed | $176,000 | Credit Line Revolving | |
| Closed | $411,500 | New Conventional | |
| Closed | $416,697 | FHA | |
| Closed | $417,302 | FHA |
Source: Summit MLS
MLS Number: S1061372
APN: R6776289
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