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Contemporary Riverfront Duplex
For Sale
$3,270,000

481 Boundary Lane, Carbondale, CO 81623

DUPLEX - Contemporary - Carbondale, CO

Property Size2,672 SF
Lot Size0.22 Acres
Price / SF$1,223
Days on Market119

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 4, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3
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

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: Aug 10 Last Checked: Aug 14 at 7:06PM
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.

This contemporary duplex, completed in 2020, offers 2,672 square feet of residential space on a 0.22-acre lot along the Crystal River. The interior includes three ensuite bedrooms, 3.5 bathrooms, engineered distressed Quarter Sawn White Oak flooring, and a great room with a custom remote-controlled stone fireplace. The kitchen is equipped with a 48-inch built-in refrigerator/freezer, 36-inch commercial-grade cooktop, double convection ovens, copper exhaust hood, and oversized live-edge island.

Outdoor improvements include an oversized river-facing patio, 7' x 7' hot tub, gas fire table, infrared patio heaters, electric awning, and pull-down shade. The property is within River Valley Ranch, with access to swimming, tennis, golf, Homestead Grill, and the Rio Grande Bike Trail. Additional features include forced-air heating, central air, composition roofing, and construction with wood siding, stone veneer, and frame materials.

Key Highlights

  • Direct Crystal River frontage at 481 Boundary Lane
  • 2,672 square feet on a 0.22‑acre lot
  • Three ensuite bedrooms and 3.5 bathrooms

Property Analytics

Current Use

Duplexes

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

218
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Contemporary residential property with direct Crystal River frontage, upgraded interiors, and outdoor entertaining features.
Where is this duplex located?
The property is located at 481 Boundary Lane Carbondale, CO.
What is the asking price?
The asking price for this property is $3,270,000.
What are key features of this property?
This property features: Direct Crystal River frontage at 481 Boundary Lane; 2,672 square feet on a 0.22‑acre lot; Three ensuite bedrooms and 3.5 bathrooms
More about this property
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