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Riverfront Residential Income Property
For Sale
$2,985,000

481 Boundary Lane, Carbondale, CO 81623

Residential, Carbondale, CO

Property Size2,672 SF
Lot Size0.22 Acres
Price / SF$1,117
Days on Market144

Property Features for 481 Boundary Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 2
Parking 2
Fireplace 1
Subdivision River Valley Ranch
Lot features Landscaped
Directions Follow Highway 133 to River Valley Ranch main entrance. Take a right onto River Valley Ranch Drive. Follow to the Boundary Townhomes, just pass the Old Thompson Barn. Townhome is on the right
Standard status Active
APN 246303431021
Size 2,672 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description SECTION: 3 TOWNSHIP: 8 RANGE: 88 SUBDIVISION: BOUNDARY AT RIVER VALLEY RANCH, 1ST AMENDED LOT: 11A AS PER RESUBDIVISION PLAT
Tax Annual Amount 11062
HOA Fee $1,023 Monthly
Legal Description SECTION: 3 TOWNSHIP: 8 RANGE: 88 SUBDIVISION: BOUNDARY AT RIVER VALLEY RANCH, 1ST AMENDED LOT: 11A AS PER RESUBDIVISION PLAT

Utilities

Heating system Forced Air
Cooling system Central Air
Water front features River Front
Water front 1

Amenities

riverfront
patio infrared heaters
gas fire table
hot tub
electric awning
pull-down shade
back patio
gourmet kitchen
fireplace
swimming
tennis
golf
social activities
Rio Grande Bike Trail

Building Details

Year built 2020
Floors in Building 2
Building materials Wood Siding, Stone Veneer, Frame
Roof type Composition
Architectural style Contemporary
Listing Agency: ENGEL & VOLKERS Snowmass
Listed By: Erik A Cavarra · License #EA.40040220
Added: Apr 18 Changed: Sep 7 Last Checked: Sep 8 at 7:06AM
MLS# 192475

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.

Investment Insights

Based on property information with market context.

Built in 2020, this contemporary townhome offers 2,672 square feet with three ensuite bedrooms, three full baths, and one half bath. The interior features engineered distressed quarter-sawn white oak flooring, a stone fireplace with remote control, forced-air heating, central air, and a gourmet kitchen with a built-in 48' refrigerator/freezer, 36' commercial-grade cooktop, double convection ovens, custom copper exhaust, and a substantial live-edge island. The home also includes a composition roof, wood siding, stone veneer, and frame construction.

The 0.22-acre property reaches the edge of the Crystal River and includes an oversized patio with a 7'x7' hot tub, gas fire table, infrared patio heaters, electric awning, and pull-down shade. Located in River Valley Ranch, the residence offers access to swimming, tennis, golf, Homestead Grill, and the Rio Grande Bike Trail. The design also accommodates future ADA needs.

Key Highlights

  • Crystal River frontage with direct access to the river’s edge
  • 2,672‑square‑foot townhome built in 2020 on 0.22 acres
  • Three ensuite bedrooms and 3 1/2 baths

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Plumbing Service

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 81623, CO

16,110
Population
7,280
Households
2.2
Avg Household Size
40
Median Age
50%
College-Educated
88%
High-School Grad
433.8 sq mi
ZIP Area
37
Density / Sq Mi
$98,549
Median Household Income
$46,026
Median Earnings
$2,094
Median Rent
$835,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Contemporary townhome with three ensuite bedrooms and direct Crystal River frontage.
Where is this residential income property located?
The property is located at 481 Boundary Lane Carbondale, CO.
What is the asking price?
The asking price for this property is $2,985,000.
What are key features of this property?
This property features: Crystal River frontage with direct access to the river’s edge; 2,672‑square‑foot townhome built in 2020 on 0.22 acres; Three ensuite bedrooms and 3 1/2 baths
More about this property
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