Investment opportunity in Indian Hills! This charming 2-bedroom, 2-bathroom cabin on Taos Road is priced to sell and ready for a new owner to reimagine or invest. Featuring a brand-new roof, paved driveway, and detached 2-car garage with a third bay for workshop, gear storage, or studio use, this property offers practical amenities and expansion flexibility.
Situated on nearly 1 acre of sloping land that reaches down to a serene creek, the lot delivers privacy, views, and plenty outdoor space—perfect for relaxation or adventuring. Whether you're a first-time buyer looking for a foothills nome or retreat or an investor seeking to build equity, this home provides the foundation for multiple strategies.
The real bonus? The adjacent 2.2-acre vacant parcel along Parmalee Gulch is also available for purchase. Together, the two properties unlock exciting potential under MR-3 zoning. Options may include converting the main home to a duplex, constructing an additional duplex on the neighboring parcel, or developing a compound for rental, resale, or multigenerational living.
Located just under 5 minutes from Hwy 285 and less than 10 minutes to C-470, the property offers quick access to the Denver Metro area, Red Rocks, and the mountains beyond. With dining and postal services a short walk away, this property balances rural charm and everyday convenience.
Don’t miss the chance to own a versatile foothills property with immediate livability and long-term upside. The possibilities here are as expansive as the land itself. Buyer to verify all information provided. Note that the adjacent land at 5411 Parmalee Gulch Road (MLS #4291430) and preference is to sell properties together.
Accepting backups
$499,000
21037 Taos Road, Indian Hills, CO 80454
2beds
1,219sqft
Est.:
Single Family Residence
Built in 1950
1 Acres Lot
$-- Zestimate®
$409/sqft
$-- HOA
What's special
- 28 days
- on Zillow |
- 4,205 |
- 535 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 11:36am
Listed by:
Julia Purrington 303-981-5007 julia@bhhselevated.com,
Berkshire Hathaway HomeServices Elevated Living RE
Source: REcolorado,MLS#: 6817139

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Description: Non-Conforming - Septic For One Bedroom
- Level: Basement
Bathroom
- Description: Shower Pan Has Been Removed And Will Be Replaced.
- Level: Basement
Bathroom
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Description: Laundry With Kitchenette On Lower Level
- Level: Basement
Living room
- Level: Main
Mud room
- Description: Entry - Enclosed Porch - Included In Finished Area
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator
Features
- Flooring: Carpet, Tile, Wood
- Basement: Crawl Space,Finished,Partial,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,219
- Total interior livable area: 1,219 sqft
- Finished area above ground: 834
- Finished area below ground: 385
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Garden, Private Yard, Rain Gutters
- Fencing: None
- Has view: Yes
- View description: Mountain(s), Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Stream
Lot
- Size: 1 Acres
- Features: Foothills, Rock Outcropping, Rolling Slope
- Residential vegetation: Aspen, Grassed, Natural State, Partially Wooded, Wooded, Thinned
Details
- Parcel number: 060309
- Zoning: MR-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Block, Frame, Log, Wood Siding
- Foundation: Block, Slab
Condition
- Fixer
- Year built: 1950
Utilities & green energy
- Water: Public, Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected
Green energy
- Energy efficient items: Water Heater
Community & HOA
Community
- Subdivision: Indian Hills
HOA
- Has HOA: No
Location
- Region: Indian Hills
Financial & listing details
- Price per square foot: $409/sqft
- Tax assessed value: $378,536
- Annual tax amount: $2,037
- Date on market: 7/28/2025
- Listing terms: Cash,Conventional,Farm Service Agency,USDA Loan
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Gravel
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