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Duplex in Golf Community
For Sale
$1,275,000

1837 Stellar Drive, Silverthorne, CO 80498

MULTI_FAMILY - SILVERTHORNE, CO

Property Size2,208 SF
Lot Size0.05 Acres
Price / SF$577.45
Days on Market44

Property Features for 1837 Stellar Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3
Appliances Cooktop Gas, Dishwasher, Disposal, Microwave / Hood Combo, Range Gas, Refrigerator, Washer / Dryer, Wine Cooler, Gas Water Heater
Subdivision PEREGRINE RIDGE SUB
View Mountains
Standard status Active
APN 6505135
Size 2,208 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4981

Utilities

Heating system Radiant

Building Details

Year built 1999
Flooring type Stone, Carpet - Full, Wood
Roof type Asphalt
Listing Agency: Slifer Smith & Frampton R.E.
Listed By: Joan Moats
Added: Jun 18 Changed: Jul 30 Last Checked: Jul 31 at 11:06PM
MLS# S1069777

Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-maintained duplex is located in the Raven at Three Peaks golf community and is designed for comfort, convenience, and privacy. The open floor plan features large picture windows that bring in abundant natural light while framing mountain views. The layout includes three bedrooms, and each bedroom has its own en-suite bath. Interior features and finishes include hardwood flooring, an expanded dining area with a built-in bar, granite countertops, built-ins around the fireplace, and flooring that includes stone, carpet, and wood.

The home includes a 2-car garage for vehicle storage and space for your mountain toys. Heating is provided by radiant heating, and the roof is asphalt. Appliances include a gas cooktop, range, refrigerator, microwave/hood combo, dishwasher, disposal, washer/dryer, wine cooler, and a gas water heater.

Built in 1999, the property sits on a 0.0493-acre lot and totals 2,208 square feet.

Key Highlights

  • 0.0493‑acre duplex site in the Raven at Three Peaks golf community
  • 2,208 square feet with an open floor plan and large picture windows
  • 3 bedrooms, each with its own en‑suite bath

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.6k $25.20
− Vacancy −$3.1k −$1.39
EGI $52.6k $23.81
− OpEx −$15.8k −$7.14
NOI $36.8k $16.67
2,208 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$525.8K
$460.1K – $613.5K (±1% cap)
NOI $36,807 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$485.6K
$424.9K – $566.5K (±1% cap)
NOI $33,990 @ 7.0% cap · market cap 2.67%
Theoretical Best
Warehouse
$43.95M
$38.45M – $51.27M (±1% cap)
NOI $3,076,329 @ 7.0% cap · market cap 241.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Garden Center Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 80498, CO

8,405
Population
6,931
Households
1.2
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
294.8 sq mi
ZIP Area
29
Density / Sq Mi
$105,227
Median Household Income
$49,636
Median Earnings
$1,738
Median Rent
$721,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained duplex offers three bedrooms, each with an en-suite bath, plus a 2-car garage in the Raven at Three Peaks.
Where is this duplex located?
The property is located at 1837 Stellar Drive Silverthorne, CO.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 0.0493‑acre duplex site in the Raven at Three Peaks golf community; 2,208 square feet with an open floor plan and large picture windows; 3 bedrooms, each with its own en‑suite bath
More about this property
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