Updated Single-Family Home with Daylight
1381 Larimer Ridge Pkwy Timnath, CO 80547
New
For Sale
$785,000
MULTI_FAMILY - Timnath, CO
Property Size3,034 SF
Price / SF$258.73
Days on Market2
Property Features for 1381 Larimer Ridge Pkwy
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 4, Family Room, Basement, Bathroom 4, Laundry Room, Bedroom 2, Bathroom 1, Dining Room, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Laundry Room
- Basement
- Full, Partially Finished
- Appliances
- Gas Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm
- Standard status
- Active
- Size
- 3,034 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7208
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2021
- Floors in Building
- 1
- Building materials
- Frame
- Roof type
- Composition
Listing Agency:
RE/MAX Alliance-Loveland
(970) 669-1234
Listed By:
Christine Motschall · License #FA100069837
(970) 590-5276
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 7:06AM
MLS# 1064894
Copyright © 2026 IRES MLS. 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.
Welcome to 1381 Larimer Ridge Parkway in the Serratoga Falls community of Timnath. This beautifully updated, move-in-ready home offers main-level living with an open-concept floor plan centered around a cozy fireplace. Recent improvements include new interior paint, brand-new carpet, and updated lighting. The kitchen features granite countertops, a gas range, and a spacious pantry, and all kitchen appliances are included. The main level also includes a dedicated office that could be converted into an additional bedroom, and the primary suite includes a large walk-in closet and a five-piece bath with tile flooring and granite countertops.
The finished daylight basement adds additional flexibility, including a second kitchen with soft-close cabinetry, premium granite countertops, luxury vinyl plank flooring, and an additional laundry hookup. Outside, enjoy mountain views from the elevated deck and the additional concrete patio, along with a fully landscaped yard featuring a sprinkler system and direct access to neighborhood walking trails. The home also includes an updated electrical panel with backup generator interconnection, and it’s positioned on a corner lot backing to open space. Quick access to I-25 and nearby parks, schools, trails, and shopping complete the setting.
The finished daylight basement adds additional flexibility, including a second kitchen with soft-close cabinetry, premium granite countertops, luxury vinyl plank flooring, and an additional laundry hookup. Outside, enjoy mountain views from the elevated deck and the additional concrete patio, along with a fully landscaped yard featuring a sprinkler system and direct access to neighborhood walking trails. The home also includes an updated electrical panel with backup generator interconnection, and it’s positioned on a corner lot backing to open space. Quick access to I-25 and nearby parks, schools, trails, and shopping complete the setting.
Key Highlights
- 2021‑built home in the Serratoga Falls community with central air and forced‑air heat
- Kitchen includes granite countertops and gas range; appliances included (refrigerator, microwave, dishwasher, disposal, washer/dryer)
- Main‑level layout with office that could convert to an additional bedroom and an open‑concept living area with fireplace
Financial Insights For Apartment 5plus
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 | $55.0k | $18.12 |
| − Vacancy | −$2.5k | −$0.82 |
| EGI | $52.5k | $17.30 |
| − OpEx | −$23.6k | −$7.79 |
| NOI | $28.9k | $9.52 |
3,034 SF · lease $18.12/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$412.5K
$361.0K – $481.3K
NOI $28,876 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$814.4K
$712.6K – $950.1K
NOI $57,006 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Move-in-ready updated home with an open main level and finished daylight basement featuring a second kitchen.
Where is this single family property located?
The property is located at 1381 Larimer Ridge Pkwy Timnath, CO.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 2021‑built home in the Serratoga Falls community with central air and forced‑air heat; Kitchen includes granite countertops and gas range; appliances included (refrigerator, microwave, dishwasher, disposal, washer/dryer); Main‑level layout with office that could convert to an additional bedroom and an open‑concept living area with fireplace
