Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1195 Hilltop Way Crestone, CO 81131

    View on Map
    Claim this Listing
    For Sale
    $60,000

    Unimproved Land - Crestone, CO

    Type:Unimproved Land
    Lot size:
    1.33 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    148
    Last Refresh:
    May 8 at 4:06 pm

    Property Features for 1195 Hilltop Way

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Zoning
    Residential
    Parking features
    Carport, Garage
    Standard status
    Active
    Lot size
    1.33 Acres

    Taxes and HOA fees

    Expense value
    690
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Niamh Kelly-Weston

    Listing agent Niamh Kelly-Weston

    Listing office eXp Realty - ROCC 9800 PYRAMID CT STE 400, Englewood, CO

    Listing date Dec 11, 2025

    MLS# 9435362 Listing URL

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

    HighLights

    • 1.3‑acre vacant parcel in the desirable Chalet 1 neighborhood.
    • Easy year‑round access just off the paved road.
    • Minutes from town, yet surrounded by the quiet charm of the Baca.
    • Close to the Willow Creek greenbelt with access to trails and wildlife.
    • Sweeping mountain and valley views.
    • Nearby utilities.

    Overview

    Crestone Land with Mountain Views

    This 1.3-acre vacant land is located in the Chalet 1 neighborhood of Crestone, Colorado. The property is situated just off the paved road, providing easy access throughout the year. The lot is near the Willow Creek greenbelt, offering access to trails, wildlife, and open space. The property provides views of the mountains and valley. It is suitable for a full-time residence, vacation home, or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Crestone
    County
    Saguache
    State
    Colorado
    Longitude
    -105.6790491
    Latitude
    37.9708359

    Nearby Similar for Sale

    • $18,500

      Crestone Land with Mountain Views

      3-acre parcel in Crestone, perfect for a dream home.
      1402 Wagon Wheel Road, Crestone, CO 81131
      View Details
    • $15,499

      Crestone Land with Mountain Views

      Three adjacent lots offer mountain and valley views in Crestone.
      1916 Lone Pine Way, Crestone, CO 81131
      View Details
    • $10,499

      Land with Mountain and Valley Views

      0.44-acre lot with panoramic mountain and valley views.
      1917 Lone Pine Way, Crestone, CO 81131
      View Details
    • $10,499

      Crestone Land with Mountain Views

      0.47-acre lot with mountain and valley views in Crestone, CO.
      1915 Lone Pine Way, Crestone, CO 81131
      View Details
    • $12,000

      Land with Mountain and Valley Views

      Unimproved land offering mountain and valley views near amenities.
      1580 Powderhorn Trail, Crestone, CO 81131
      View Details
    • $12,000

      Land in Crestone, Colorado

      Private land with city water and mountain views.
      4131 Lovers Way, Crestone, CO 81131
      View Details
    • $59,000

      Crestone Land with Mountain Views

      3.5-acre Crestone parcel with mountain views and greenbelt access.
      1566 N Rocky Mountain Trail, Crestone, CO 81131
      View Details
    • $42,500

      Crestone Land with Panoramic Views

      6.7 acre Crestone lot with open space and views.
      1307 Spanish Creek Road, Crestone, CO 81131
      View Details
    • $10,500

      Land in Crestone's Chalet II

      Half-acre lot with views and easy access to Crestone.
      1919 Lone Pine Way, Crestone, CO 81131
      View Details
    • $40,000

      Land with Mountain Views

      2.76-acre parcel with mountain views and easy access to town.
      10 Brook Trout Road, Crestone, CO 81131
      View Details
    • $38,000

      Crestone Mountain View Land Parcel

      Private 1.18-acre land parcel with mountain views in Crestone.
      446 Arrowhead, Crestone, CO 81131
      View Details
    • $85,000

      Forested Land with Mountain Views

      Secluded 1.8-acre property in Baca Grande neighborhood with paid utilities.
      3872 Jubilant Ter, Crestone, CO 81131
      View Details

    FAQs

    What type of property is this?
    Land - 1.3-acre vacant land in Crestone, Colorado, with mountain views.
    Where is this land located?
    The property is located at 1195 Hilltop Way Crestone, CO.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: 1.3‑acre vacant parcel in the desirable Chalet 1 neighborhood.; Easy year‑round access just off the paved road.; Minutes from town, yet surrounded by the quiet charm of the Baca.
    (719) 480-5347
    We can help!
    Listing Contact
    Niamh Kelly-Weston
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1195 Hilltop Way, Crestone, CO 81131
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!