Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Southshore Lot in Oak Creek Title is generated by Realmo AI

    24230 Arapahoe Road lot 158, Oak Creek, CO 80467

    View on Map
    Claim this Listing
    New
    For Sale
    $127,500

    LAND - Oak Creek, CO

    Lot size:
    0.80 Acres
    Added:
    May 27, 2026
    Days on Market:
    5
    Last Refresh:
    May 31 at 5:06 pm

    Property Features for 24230 Arapahoe Road lot 158

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R3551812
    Lot size
    0.80 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1219

    We can help!

    Listing Contact
    Sharon Pace Ward
    Sharon Pace Ward

    Listing agent Sharon Pace Ward License #40018607

    Listing office Steamboat Mountain Real Estate 1472 Creekside Ct, Steamboat Springs, CO

    Listing date May 27, 2026

    MLS# S1068455 Listing URL

    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.

    HighLights

    • Premier lot location overlooking Stagecoach Reservoir.
    • Opportunity to build a custom dream home.
    • Abundant recreational activities: boating, fishing, hiking, skiing, etc.
    • Surrounded by stunning natural beauty.
    • Easy access to outdoor adventure.
    • Peaceful and quiet surroundings.

    Overview

    This premier Southshore lot offers an exceptional opportunity to build a Colorado dream home in a mountain setting. The homesite is surrounded by natural beauty and overlooks the Stagecoach reservoir. It provides a chance to build an ideal retreat or full-time residence and enjoy easy access to outdoor adventure and peaceful surroundings. Located in Oak Creek, Colorado, the 0.8-acre lot is situated in the Stagecoach area, which offers recreational activities such as cross-country skiing, boating, fishing, hiking, and dog sledding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Routt
    State
    Colorado
    Longitude
    -106.82957
    Latitude
    40.27105

    Nearby Similar for Sale

    • $179,000

      Land in Oak Creek, Colorado

      5+ acre land parcel near Steamboat Ski Resort.
      195 Halter Trail lot: 195, Oak Creek, CO 80467
      View Details
    • $199,500

      Homesite with Panoramic Mountain Views

      0.50-acre homesite near Stagecoach Reservoir with custom home design.
      24395 Arapahoe Road lot: 111, Oak Creek, CO 80467
      View Details
    • $105,000

      Oak Creek Land Opportunity

      Residential land near Stagecoach Reservoir, ideal for building a dream home.
      31740 Shoshone Way lot: 87, Oak Creek, CO 80467
      View Details
    • $547,000

      Land with Mountain Views

      5+ acre lot near Steamboat Springs with well.
      TBD04 Young's Creek Way lot: 4, Oak Creek, CO 80467
      View Details
    • $110,000

      Sierra View Homesite in Oak Creek

      Building lot in newer neighborhood with views and easy access.
      104 Oak Ridge Circle lot: 29, Oak Creek, CO 80467
      View Details
    • $775,000

      35 Acres with Lake Views

      Homestead with panoramic views near Stagecoach Lake State Park.
      29250 Lakeside Lane lot: 3, Oak Creek, CO 80467
      View Details
    • $259,000

      Bannock Trail Corner Lot

      0.61-acre lot with panoramic views near Stagecoach Lake.
      30025 Bannock Trail lot: 18, Oak Creek, CO 80467
      View Details
    • $110,000

      Secluded Mountain Land Opportunity

      Private mountain land near Steamboat Springs with development potential.
      33170 Wenatchi Trail, Oak Creek, CO 80467
      View Details
    • $75,000

      Ready-to-Build Lot in Oak Creek

      2-acre lot near Stagecoach State Park, ideal for recreation.
      20965 Hoch Eye Way lot: 1, Oak Creek, CO 80467
      View Details
    • $159,999

      South Shore Land Parcel

      1.1-acre parcel with mountain and reservoir views.
      23895 Arapahoe Rd, Oak Creek, CO 80467
      View Details
    • $999,500
      16,608 SF

      Oak Creek Redevelopment Opportunity

      Commercial/industrial building in Oak Creek, prime for redevelopment.
      240 Arthur Avenue #1, Oak Creek, CO 80467
      View Details
    • $508,000

      Land Near Stagecoach Reservoir

      Land for sale near Stagecoach Reservoir in Oak Creek.
      23540 Cresent Way, Oak Creek, CO 80467
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Premier lot to build your dream home in Colorado.
    Where is this residential land & home lot located?
    The property is located at 24230 Arapahoe Road lot 158 Oak Creek, CO.
    What is the asking price?
    The asking price for this property is $127,500.
    What are key features of this property?
    This property features: Premier lot location overlooking Stagecoach Reservoir.; Opportunity to build a custom dream home.; Abundant recreational activities: boating, fishing, hiking, skiing, etc.
    (970) 846-5803
    We can help!
    Listing Contact
    Sharon Pace Ward
    Sharon Pace Ward
    Real Estate License ID: 40018607
    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
    24230 Arapahoe Road lot: 158, Oak Creek, CO 80467
    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!