$697,500

861 Balsam Dr Cimarron, CO 81220

Estimated payment $4,023/month

Total Views 2,906
3 Beds
2 Baths
2,227 Sq Ft
$313 Price per Sq Ft

Highlights

  • Community Lake
  • Deck
  • Main Floor Bedroom
  • Crested Butte Community School Rated A-
  • Vaulted Ceiling
  • 2 Car Detached Garage

About This Home

Fully furnished mountain home in the well established Arrowhead community. Enjoy the 744 square feet of additional living space above the garage in addition to the main house living space. In the main house you will be greeted with plenty of natural light and tongue and groove vaulted ceilings. In the kitchen you will find all brand new appliances that will stay with the home. Enjoy the lovely views from the upper level boasting an amazing loft area great for those quite peaceful mornings. This beautiful cabin is setback away from the roads and tucked into the tranquil sounds of the wooded area. Picturesque views from the three, multilevel, decks. Off the spacious primary bedroom step out side into the fresh mountain air and relax in your New hot tub. This property comes with a detached oversized garage pull through garage with the bonus space above. Only minutes away from the winter parking lot, you can enjoy this cabin in the winter time for a nice winter wonderland retreat. The Polaris Expedition 1000 Side by side is negotiable. Brand new appliances, Renewal by Anderson window and doors have recently been installed August 2024 with lifetime transferable warranty. The Arrowhead community offers three lakes/ponds that you can enjoy as well as trails for biking or riding your atv or side by sides on. Enjoy a warm meal at the lodge or sit outside and listen to the music provided by the bands that the lodge brings in during the summer weekends. This community offers several events and get togethers throughout the year so take a look at what they have to offer and enjoy this amazing community. Enjoy year round trips to the wonderful Blue Mesa Reservoir for fishing. Big Game hunting only minuets away from the community. HOA maintained nordic cross country ski track. Revel at the natural sites of the Black Canyon. Ski the slopes of Telluride or Monarch for a quick day trip or Bask in the sun in the Hot springs of Ouray, Co or listen to the sounds of Box Canyon.

Listing Agent

Jennifer Brown

A.E.M Home Listed on: 03/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,050

Year Built

  • Built in 1981

Lot Details

  • 0.75 Acre Lot
  • Dog Run
  • Landscaped with Trees

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,227 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • 220 Volts in Kitchen
  • Phone Available

Community Details

Overview

  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,050

Year Built

Built in 1981

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Total Bathrooms: 2
  • LaundryFacilites: Electric Hook-up, Main
  • Property Attached Yn: No
  • Property Sub Type: Single Family
  • Prop. Type: Residential
  • Sq Ft MainFloor: 1496
  • Fill Sq Ft Total: 2227
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Appliances: 220v in Kitchen, Dishwasher, Disposal, Dryer, Microwave Oven, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Type: Electric, Pellet Stove
  • Floor Plan: 2 Story
  • Flooring: Carpet, Tile
  • Interior Amenities: Skylight (s), Vaulted Ceilings
  • MainFloorBedroomYN: Yes
  • Finished Sq Ft: 2227

Exterior Features

  • New Construction: Existing Home
  • Foundation Details: Crawl Space
  • Lot Type: Trees/Woods
  • Out Buildings: Dog Run
  • PatioDesc: Wood Deck
  • Roof: Metal
  • Exterior Construction: Wood
  • Structure: Frame

Garage/Parking

  • GarageAmenitities: Oversized
  • Garage Spaces: 2
  • Garage Type: Detached

Utilities

  • Cooling: Ceiling Fan(s), None
  • Heating: Baseboard, Electric
  • Utilities: Electricity Available, Electricity Connected, Telephone, Other, See Prop Desc Remarks
  • Hot Water: Municipal

Condo/Co-op/Association

  • Association Fee: 620.00
  • Association Fee Frequency: Annual
  • Community Features: Hiking or Biking Trails, Lake/Pond, See Prop Desc Remarks

Schools

  • School District: Gunnison Watershed Re1J
  • School District: Gunnison Watershed Re1J

Lot Info

  • Program Acres Total: 0.7500
  • Lot Size: 0.7500

Tax Info

  • Flip Tax Amount: 2050.17
  • Tax Year: 2024

Map

Range of Values:

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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 $2,050 $43,520 $6,460 $37,060
2023 $2,050 $39,840 $5,910 $33,930
2022 $1,682 $28,460 $3,650 $24,810
2021 $1,514 $29,280 $3,750 $25,530
2020 $1,425 $26,000 $2,970 $23,030
2019 -- $26,000 $2,970 $23,030
2018 -- $26,370 $2,700 $23,670
2017 -- $26,370 $2,700 $23,670
2016 -- $34,360 $3,540 $30,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $697,500 -3.8% $313 / Sq Ft
05/27/2025 05/27/25 Price Changed $725,000 -6.5% $326 / Sq Ft
03/02/2025 03/02/25 For Sale $775,000 +53.5% $348 / Sq Ft
10/27/2023 10/27/23 Sold $505,000 -2.7% $227 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/29/2023 07/29/23 Price Changed $519,000 -3.7% $233 / Sq Ft
06/17/2023 06/17/23 Price Changed $539,000 -7.1% $242 / Sq Ft
06/02/2023 06/02/23 Price Changed $579,900 -3.3% $260 / Sq Ft
06/02/2023 06/02/23 For Sale $599,900 +82.1% $269 / Sq Ft
10/16/2020 10/16/20 Sold $329,500 +0.2% $148 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $329,000 0.0% $148 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $329,000 -- $148 / Sq Ft
Source: Pikes Peak REALTOR® Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $505,000 Land Title
Special Warranty Deed $329,500 None Available
Bargain Sale Deed -- None Available
Deed -- --
Deed $265,000 --
Deed $104,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $503,864 VA
Previous Owner $134,545 New Conventional
Previous Owner $337,078 VA
Previous Owner $208,718 New Conventional
Previous Owner $155,000 New Conventional
Source: Public Records

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Source: Pikes Peak REALTOR® Services

MLS Number: 8871364

Pikes Peak REALTOR® Services

APN: R011229