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For sale
  • Price cut: $200K (4/11)
    $1,999,900

    1703 Elk Run Rd, Silverthorne, CO 80498

    5beds
    4,500sqft
    : 
    Single Family Residence
    Built in 1984
    20.03 Acres Lot
    $1,886,200 Zestimate®
    $444/sqft
    $192/mo HOA

    What's special

    Outstanding viewsFenced-in areaIn-floor heatingSunny extra bonus roomTwo gas stovesJacuzzi tubStone foyer
    With privacy, wildlife, and your own mature aspen grove, you will enjoy every corner of this property’s unbeatable views of the surrounding mountains. Enjoy the convenient, private easement from your doorstep into the National Forest, for endless hiking & horseback riding. Twenty acres to spread out on, allowing plenty of room for animals, or just space to breathe, all while being only 12 miles from downtown Silverthorne. Situated at the end of a well-maintained road, there is no through traffic. The property comes with the only 1-acre ft well permit in the area. There is already a fenced-in area, and the entire twenty acres has posts dug and placed around the perimeter. The 3300 square ft main home is a diamond in the rough. Bring your paint brush and your vision to this one-owner home with solid bones. It features a fantastic layout, with 4 bedrooms, a sunny extra bonus room, and 2 & 1/2 baths. The master bedroom has an ensuite bathroom with jacuzzi tub & a private deck overlooking the mountains. Some of the other features of the home are a bright & airy floor-plan, outstanding views, soapstone wood burning stove, two gas stoves, stone foyer, already plumbed cedar steam shower, in-floor heating & custom blinds. Ready for modernization, this is the perfect opportunity to customize your dream home in a sought-after area. The caretaker’s cabin on the property is 1200 sq ft and has 1 bedroom and 1 & 1/2 baths. It features a wood burning stove, travertine tile, incredible views, a large deck & a large workshop area that could easily be converted back into a garage. There is also a very private rustic shepherd’s hut with wood burning stove tucked away on the property (an extra 250 sq ft not included in the sq ft total). This property offers outstanding value in Summit County, and you'd be hard pressed to find anything comparable. It is priced to sell, and is not out of reach, as OWNER FINANCING is available.
    224 days
    |
    933
    |
    34
    |

    Zillow last checked: 7 hours ago

    Listing updated: 9 hours ago

    Listed by:

    Holly Vliet 970-406-8580,

    Paradise Realty

    Source: Altitude Realtors,MLS#: S1062385MLS LogoOriginating MLS: Summit Association of Realtors

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Baseboard, Propane, Pellet Stove
      Appliances
      • Included: Built-In Oven, Dishwasher, Electric Cooktop, Gas Cooktop, Disposal, Gas Range, Dryer, Washer
      Features
      • Fireplace, Vaulted Ceiling(s)
      • Flooring: Carpet, Tile, Vinyl
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 4,500 sqft

      Property

      Parking
      • Parking features: Parking Pad
      Features
      • Levels: Two,Multi/Split
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 20.03 Acres
      • Features: See Remarks
      Details
      • Parcel number: 1406110
      • Zoning description: Agricultural
      • Other equipment: Satellite Dish
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1984

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Natural Gas Available, Propane, Cable Available, Septic Available

      Community & HOA

      Community
      • Features: Trails/Paths
      • Subdivision: Elk Run Sub
      HOA
      • Has HOA: Yes
      • HOA fee: $2,300 annually
      Location
      • Region: Silverthorne

      Financial & listing details

      • Price per square foot: $444/sqft
      • Tax assessed value: $1,656,100
      • Annual tax amount: $4,177
      • Date on market: 8/30/2025
      • Exclusions: No
      • Road surface type: Gravel
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        Estimated market value

        $1,886,200

        $1.79M - $1.98M

        $7,286/mo

        Price history

        Price history
        DateEventPrice
        4/11/2026Price change$1,999,900-9.1%$444/sqft
        Source: Altitude Realtors #S1062385 Report a problem
        1/5/2026Price change$2,199,900-8.3%$489/sqft
        Source: Altitude Realtors #S1062385 Report a problem
        8/30/2025Listed for sale$2,400,000$533/sqft
        Source: Altitude Realtors #S1062385 Report a problem
        7/26/2025Listing removed$2,400,000$533/sqft
        Source: Altitude Realtors #S1061585 Report a problem
        7/18/2025Listed for sale$2,400,000$533/sqft
        Source: Altitude Realtors #S1061585 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,177 -6.9%$103,506 +3.8%
        2024$4,486 +31.6%$99,723 -7.2%
        2023$3,409 -2%$107,455 +43.9%
        2022$3,480 +5.7%$74,657 -2.8%
        2021$3,293 +1.4%$76,805 +17.5%
        2019$3,248 -98.9%$65,345 +1.3%
        2017$291,556 +9542.3%$64,524 +5.3%
        2016$3,024 +3.7%$61,267
        2015$2,916 +4.5%$61,267 +16.9%
        2014$2,790 +15.3%$52,422
        2013$2,420 $52,422 -3.6%
        2012-- $54,385
        2011-- $54,385 -31.7%
        2010-- $79,618

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $10,592/mo
        Principal & interest
        $9883
        Property taxes
        $517
        HOA Fees
        $192
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          Climate risks

          Neighborhood: 80498

          Getting around

          0 / 100
          Car-Dependent
          33 / 100
          Somewhat Bikeable

          Nearby schools

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          Local experts in 80498

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