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    Updated Ranch-Style Home in Erie Title is generated by Realmo AI

    937 Eva Peak Dr, Erie, CO 80516

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    Claim this Listing
    For Sale
    Under Contract
    $599,000

    MULTI_FAMILY - Erie, CO

    Property size:
    1,966 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $304/SF
    Added:
    Apr 30, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 14 at 5:06 pm

    Property Features for 937 Eva Peak Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Open Floorplan
    Fencing
    Fenced
    Appliances
    Disposal, Fire Alarm
    Standard status
    Active Under Contract
    APN
    R8950187
    Size
    1,966 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6970

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air

    Building Details

    Year built
    2019
    Floors in Building
    1
    Building materials
    Composition
    Roof type
    Composition

    We can help!

    Listing Contact
    Tana Boothe

    Listing agent Tana Boothe

    Listing office HomeSmart Realty Group Lvld 201 E 4th Street, Rock Springs, CO

    Listing date Apr 30, 2026

    MLS# 1057829 Listing URL

    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.

    HighLights

    • Seller offering significant concessions (10,000) for interest rate buydown or closing costs.
    • Located in the desirable Collier Hills community of Erie, close to downtown.
    • Updated ranch‑style home with open floor plan and 3 bedrooms, plus a versatile office/optional 4th bedroom with Murphy bed.
    • Includes access to community amenities: clubhouse with pool, fitness room, parks, disc golf, recreation center, and walking trails.
    • Roof replaced in 2023 with a transferable warranty.
    • Full inspection report available to share with potential buyers.

    Overview

    Located in the Collier Hills community of Erie, this updated ranch-style home offers 1,966 square feet of living space. The home includes 3 bedrooms with the potential for a 4th, and 2 bathrooms. The optional 4th bedroom is currently used as a versatile office with a built-in Murphy bed and custom desk. The open floor plan creates a bright and modern living space, highlighted by a built-in entertainment center. A covered patio provides a private outdoor retreat. Additional features include a two-car garage. The roof was replaced in 2023 and includes a transferable warranty. Nearby community amenities include a clubhouse with pool, fitness room, parks, disc golf, the Erie Recreation Center, and scenic walking trails. Located minutes from downtown Erie, this home offers convenience and charm.

    Local 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 $66.1k $33.60
    − Vacancy −$3.8k −$1.95
    EGI $62.2k $31.65
    − OpEx −$28.0k −$14.24
    NOI $34.2k $17.41
    1,966 SF · lease $33.60/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $488.9K
    $427.8K – $570.4K (±1% cap)
    NOI $34,224 @ 7.0% cap · market cap 5.71%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $593.2K
    $519.0K – $692.0K (±1% cap)
    NOI $41,522 @ 7.0% cap · market cap 6.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Building Supply Hotel & Motel Gym & Fitness Center Department Store Accounting Firm HVAC Service Discount Store Garden Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Boulder
    State
    Colorado
    Longitude
    -105.020991
    Latitude
    40.057268

    FAQs

    What type of property is this?
    Single family property - Updated ranch in Collier Hills with flexible living spaces.
    Where is this single family property located?
    The property is located at 937 Eva Peak Dr Erie, CO.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Seller offering significant concessions (10,000) for interest rate buydown or closing costs.; Located in the desirable Collier Hills community of Erie, close to downtown.; Updated ranch‑style home with open floor plan and **3 bedrooms, plus a versatile office/optional 4th bedroom with Murphy bed.**
    More about this property
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