$5,344 Closing Credit¹
#814532, Jeff Worthen, Listing Office: Hall Realty, Inc.
$425,000 List price
1450 Balsam Dr Lake City, CO 81235
$5,047
Closing credit¹
1 bed
1 full
908 sqft
0.4 acres
$468 / sqft
House
Property details
About 1450 Balsam Dr
Here's your opportunity to own a turnkey mountain cabin in Lake City, Colorado! This cabin is nestled amongst the trees on a spacious .43 acre lot in Hinsdale County. This quaint 908 sq ft 1 loft bed/1full bath cabin is aproned by a front concrete patio space that great for sitting and taking in the mountain views! As you enter the cabin, the open concept living room and gas fireplace create a cozy yet spacious feel. Tongue and groove knotty pine lines the vaulted ceilings and some of the walls. The first level has been nicely updated with lpv flooring. The kitchen and dining area offer ample space as well as a back door that leads to a small deck for grilling. The full-sized bathroom is on the first level near the stairs that lead up to the loft bedroom. The loft offers several storage options under the eaves and is open to the rest of the living space. It could easily be walled off for more privacy if desired. The detached garage and it's overhang offers ample room for all of your recreational toys! The cabin is nicely decorated and is being sold furnished as seen in the photos! A very established short term rental history is available upon request. This cabin is located in the heart of the Colorado Rockies, offering hiking, fishing, mountain biking, hunting, 4x4 adventures, and many more recreational opportunities in the Lake City and Gunnison Valleys! The Gunnison airport is only an hour away.
Highlights
Home typeSingle Family Residence
HeatingElectric, Propane, Baseboard, Fireplace(s)
StatusActive
(NEW)
(NEW)
Size908 sqft
Lot size0.43 Acres
Year built1976
ParkingDetached Garage
MLS #823444
Garage1 space
ViewMountain(s)
Summary
- Full Bathrooms: 1
- Appliances: Range, Oven, Refrigerator
- Basement: No
- Flooring Type: Laminate
- Interior: All Furnishings
- Total Bedroom Count: 1
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached Garage
- View: Mountain(s)
- Exterior: Garage
- Architectural Style: Log, Cabin, A Frame, Loft
- Heating: Electric, Propane, Baseboard, Fireplace(s)
- List Price: $425,000
- Price/SqFt: $468
- Annual Tax Amount: $892
- Tax Year: 2023
- Lot: Wooded
- Directions: From Lake City, head north on Hwy 149. Take a left on Balsam Drive and the cabin will be on your right.
- Year Built: 1976
- Living Area: 908 SqFt
- Lot Size: 0.43 Acres
- MLS Number: 823444
- Office Name: Great Plains Land Company, LLC
- Listing Agent: Robby Richardson
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Get an agent. Get a mortgage. Save big.¹
$425,000
1450 Balsam Dr
$5,047
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $15,520 | $892 |
| 2022 | $13,830 | $782 |
| 2021 | $14,230 | $789 |
| 2020 | $12,400 | $655 |
| 2019 | $12,400 | $654 |
| 2018 | $12,490 | $668 |
| 2017 | $12,490 | $627 |
History based on county public records data.
Nearby schools
6
Ridgway Elementary School
Public District PK-5
26.1 mi
•1115 Clinton St
8
Telluride Intermediate School
Public District 3-6
28.8 mi
•447 W Columbia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $78,500. The majority of Lake City, CO residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
44%
35k-100k
32%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
6%
Single, with Kids
45%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
48%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Dillards
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Applebees
Hardee's
What do the neighbors drive?
Cadillac
Ram
Dodge
What do the neighbors listen to?
News/Talk/Information
Classic Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1450 Balsam Dr
The listing price of 1450 Balsam Dr property is $425,000.
The property 1450 Balsam Dr is a house located in Lake City, Colorado, 81235.
Active Listing: 1450 Balsam Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1450 Balsam Dr are: Ridgway Elementary School (GreatSchools Rating 6/10), Telluride Intermediate School (GreatSchools Rating 8/10), Ridgway Middle School (GreatSchools Rating 7/10), Telluride Middle School (GreatSchools Rating 8/10), Ouray High School (GreatSchools Rating 7/10), Ridgway High School (GreatSchools Rating 8/10), Telluride High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $892 (source: MLS/based on county public records data).
The property at 1450 Balsam Dr has 1 bedroom and 1 bathroom.
The property 1450 Balsam Dr is 908 SqFt (source: MLS/tax record).
The year of construction for 1450 Balsam Dr is 1976.
This home is located at 1450 Balsam Dr in Lake City, CO and zip code 81235. This 908 square foot home, which was built in 1976, sits on a 0.43 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $425,000.
Between February and March 2025, Lake City, CO real estate market has seen increase in the number of listings by 21.4%. Listings spent 171 days on the market in March 2025, and had a median list price of $599,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.