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    493 Spruce Dr Twin Lakes, CO 81251

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    For Sale
    $249,000

    Two adjacent lots totaling 0.92 acres, ready for building.

    Property Features for 493 Spruce Dr

    General Information

    Standard status
    Active

    Source: HOMESMART Agent KATHERINE MCKERNAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land with Mature Trees

    This property features two separate legal lots being sold as one, totaling 0.92 acres. The land is level and has mature trees. Electricity is available at the road. A shed is located on the property. The water certificate tap fee has been paid. Located in the Pan Ark neighborhood, the property offers convenient access and is suitable for building a mountain getaway or primary home. The location provides opportunities for outdoor activities such as skiing, hiking, fishing, hunting, and biking. Twin Lakes and Independence Pass, leading to Aspen, are nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Twin Lakes
    County
    Lake
    State
    Colorado
    Longitude
    -106.345541
    Latitude
    39.112933

    Nearby Similar for Sale

    • $2,270,000
      0.40 Acres

      Historic Chalet in Twin Lakes

      Charming property with lodging, restaurant, and retail potential.
      6435 E State Highway 82, Twin Lakes, CO 81251
      View Details

    FAQs

    What type of property is this?
    Land - Two adjacent lots totaling 0.92 acres, ready for building.
    Where is this land located?
    The property is located at 493 Spruce Dr Twin Lakes, CO.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Two separate legal lots being sold as one (.92 acres).; - Water tap fee paid ($17,500 value).; - Ready to build with easy access and level terrain.
    Request Owner's contact information
    493 Spruce Dr Twin Lakes, CO 81251
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    Realmo Value Estimation

    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.

    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.

    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
    493 Spruce Dr Twin Lakes, CO 81251
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