6832 Masters Way

South Fork, CO 81154 — Rio Grande County

Residential  $450,386  Sold  MLS# 4985890  

3 beds    4 baths    2560.00 sqft    Lot size: 43560.00 sqft    1.00 acres    2003 build   

Updated: 04-22-2021 09:25am


  Property Description

This impressive, mountain home is located only steps from the prestigious Rio Grande Club in South Fork. Gorgeous, 360 degree mountain views surround this easily accessible, spacious home. Three large bedrooms and four bathrooms offer plenty of room to move around, and the spacious master suite is comfortable and inviting with dual sinks, a jetted tub, and a doorless, walk-in shower with a bench. Both upstairs bedrooms have their own, private, full bathroom. The mudroom/laundry room connects to the heated, attached, two-car garage, for convenient, year-round access. Custom, full-log timbers and river rock accents make this home really feel like a rustic, mountain cabin - but it's a LUXURIOUS, rustic mountain cabin! Short term rentals are OK! Granite countertops, upgraded appliances and gorgeous tile work make this home inviting and timeless. Radiant in-floor heat and a large, stone fireplace will keep you toasty warm on the coldest of winter nights. Please note: this home is currently on a "postage stamp lot," or known as having a "zero lot line." The surrounding land is owned by a local investor who has plans to develop the area and sell the adjacent lots for development. If this happens, it is likely this home will be deeded a traditional lot to match the adjacent lots. We do not yet know how big that lot might be. It is important to note, however, that no formal plan has been accepted by the city, county or HOA. While the home remains on the postage stamp lot it MAY be used as a vacation rental. If the replatting of the subdivision occurs, and this home is deeded a parcel of land surrounding it, regardless of size, the home will no longer be able to rent as a VRBO. This is per the Master HOA of South Fork Ranches, which states that homes/condos/townhomes on zero lot lines MAY have vacation rentals, while homes on traditional lots may not. The uncertainty is the only reason this home is still on the market.

  Listing Details

Property Type
Residential
MLS#
4985890
MLS Originator
REcolorado (Denver)
Last Updated
04-22-2021 09:25am
Status
Sold
Status Conditions
None Known
Der PSF Total
175.93
Off Market Date
02-21-2021 12:00am

  Property Details

Property Subtype
Single Family Residence
Sold Price
$450,386
Original Price
$469,000
List Price
$450,386
Location
South Fork, CO 81154
SqFT
2560.00
Year Built
2003
Acres
1.00
Bedrooms
3
Bathrooms
4
Parking Count
1

  Map

  Property Level and Sizes

SqFt Lot
43560.00
Lot Size
1.00

  Financial Details

PSF Total
$175.93
PSF Finished
$175.93
PSF Above Grade
$175.93
Previous Year Tax
$1,422
Year Tax
2019
Is this property managed by an HOA?
Yes
Primary HOA Management Type
Professionally Managed
Primary HOA Name
Village at Alder Creek
Primary HOA Phone Number
17198731700
Primary HOA Fees
550.00
Primary HOA Fees Frequency
Annually
Primary HOA Fees Total Annual
550.00

  Interior Details

Cooling
None
Heating
Electric, Steam
Fireplaces Number

  Exterior Details

  Garage & Parking

Parking Spaces
1

  Exterior Construction

Roof
Composition
Construction
Frame

  Land Details

PPA
450386.00

  Schools

Elementary School
Underwood
Middle School
Del Norte
High School
Del Norte

  Walk Score®


 



  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 6832 Masters Way, South Fork, CO 81154
- Property Type: Residential, 3 beds, 4 baths, 2560.00 SqFT
- Selling Price: $469,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$450,386 (1)
$450,386 (1)
Area 2 (1-2 miles)
$0 (0)
$0 (0)
$450,386 (1)
$450,386 (1)
Area 3 (2-3 miles)
$0 (0)
$0 (0)
$450,386 (1)
$450,386 (1)
Area 4 (3-5 miles)
$0 (0)
$0 (0)
$450,386 (1)
$450,386 (1)

  Contact Agent

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