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    Split-Level Single-Family Home with Studio Title is generated by Realmo AI

    95 Chapparral Circle, Glenwood Springs, CO 81601

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    For Sale
    $845,000

    MULTI_FAMILY - Split Level - Glenwood Springs, CO

    Property size:
    2,101 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $402/SF
    Added:
    Apr 20, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 5 at 4:06 am

    Property Features for 95 Chapparral Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4
    Parking features
    RV
    Fencing
    Fenced
    Fireplace
    1
    Basement
    Walk-Out Access
    Standard status
    Active
    APN
    211934403019
    Size
    2,101 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 20, block 3, Western Hills Subdivision, according to the plat recorded as Reception No 203826
    Tax Annual Amount
    3908

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    2
    Building materials
    Concrete, Wood Siding, Frame
    Roof type
    Metal
    Architectural style
    Split Level

    We can help!

    Listing Contact
    Tammy Reid
    Tammy Reid

    Listing agent Tammy Reid

    Listing office Coldwell Banker Mason Morse-GWS 1614 Grand Ave, Aspen, CO

    Listing date Apr 20, 2026

    MLS# 193134 Listing URL

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

    HighLights

    • 2,101 sq ft split‑level home on a 0.21‑acre fenced lot in unincorporated Garfield County with no HOA
    • 5 bedrooms and 3.5 bathrooms with multiple rooms including 4.5 total bathrooms listed on the property
    • Two gas fireplaces plus metal roof; forced‑air natural gas heating
    • Includes a fully furnished independent studio used for 30+ day executive stays with a 5+ years positive rental history
    • Two separate lock‑off garages, including one oversized garage suitable for workshop, storage, or hobby space
    • Parking includes RV; utilities include cable available

    Overview

    This split-level single-family home offers 5 bedrooms and 3.5 bathrooms within a total of 2,101 square feet. The residence includes two gas fireplaces and has had new exterior paint, supporting a maintained, move-in ready appearance. On the property, there is also a fully furnished independent studio that can be used for additional income or as private secondary living space. Storage and workspace options are expanded by two separate lock-off garages, including an oversized garage suitable for a workshop, storage, or hobby use. The home sits on a fenced 0.21-acre lot.

    The property is located in unincorporated Garfield County (with no HOA). The listing notes proximity to bus stops and easy access to I-70, which can support daily commuting and resident mobility. Views of Red Mountain are also mentioned as a feature from the home.

    From a tenant and occupancy standpoint, the configuration may fit buyers looking for a primary residence alongside a studio add-on, or owners interested in operating the studio as part of a multi-use setup. The studio has been historically rented for 30+ day stays as an executive rental for healthcare professionals, teachers, and new community members, with the listing citing 5+ years of positive rental history and a current ROI of 7.3%. For buyers who want flexibility in how space is used and occupied, this home provides multiple independent components on one fenced lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood Springs
    County
    Garfield
    State
    Colorado
    Longitude
    -107.361831
    Latitude
    39.566551

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    FAQs

    What type of property is this?
    Single family property - Split-level home with two gas fireplaces, two lock-off garages, and a furnished independent studio for flexible living or rental use.
    Where is this single family property located?
    The property is located at 95 Chapparral Circle Glenwood Springs, CO.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: 2,101 sq ft split‑level home on a 0.21‑acre fenced lot in unincorporated Garfield County with no HOA; 5 bedrooms and 3.5 bathrooms with multiple rooms including 4.5 total bathrooms listed on the property; Two gas fireplaces plus metal roof; forced‑air natural gas heating
    (303) 941-0844
    We can help!
    Listing Contact
    Tammy Reid
    Tammy Reid
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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