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Sold for $1,400,000
  • $1,400,000

    1703 Elk Run Road, Silverthorne, CO 80498

    5beds
    4,500sqft
    Single Family Residence
    Built in 1984
    20.03 Acres Lot
    $-- Zestimate®
    $311/sqft
    $8,342 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $8,342/mo

    Zestimate® history
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    What's special

    Outstanding viewsFenced-in areaIn-floor heatingSunny extra bonus roomTwo gas stovesJacuzzi tubStone foyer
    ACCEPTING BACKUP OFFERS. With privacy, wildlife, and your own mature aspen grove, you will enjoy every corner of this rustic Colorado property’s unbeatable views of the surrounding mountains. Enjoy a convenient easement from 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. The home is bright & airy, has 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, off the grid 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Holly Vliet 970-406-8580,

    Paradise Realty

    Bought with:

    Brian Flickinger, FA100072766

    Colorado R.E. Summit County

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

    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
    • Patio & porch: Deck, Patio
    • Has spa: Yes
    • Spa features: Steam Room
    • 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: $311/sqft
    • Tax assessed value: $1,656,100
    • Annual tax amount: $4,177
    • Date on market: 8/30/2025
    • Listing agreement: Exclusive Agency
    • Exclusions: No
    • Road surface type: Gravel

    Price history

    DateEventPrice
    11/2/2026Sold$1,400,000-17.6%$311/sqft
    Source: Altitude Realtors #S1062385 Report a problem
    8/17/2026Pending sale$1,700,000$378/sqft
    Source: Altitude Realtors #S1062385 Report a problem
    8/2/2026Price change$1,700,000-15%$378/sqft
    Source: Altitude Realtors #S1062385 Report a problem
    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

    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

    Neighborhood: 80498

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