DEVELOPMENT OPPORTUNITY in Old Town Steamboat. Rare opportunity to develop this sizable downtown lot into 2 investment properties in the heart of downtown Steamboat. This .33-acre property is eligible to be subdivided into two city lots under RO Zoning (Residential Old Town). Options include building two homes—each with an ADU—or constructing a larger home with an ADU on one lot. Zoning also allows for the development of a duplex. Flat topography makes for easier site prep and the approximately 150 feet of alley access provides added convenience and privacy. Buyers are encouraged to confirm all planning and building possibilities with the City of Steamboat Planning Department. To subdivide, it is likely the existing 1508 SF home will need to be removed; thus the property is being sold “as is.” Ideally located across from Soda Creek Elementary and within walking or biking distance to downtown shops, restaurants, parks, and both the middle and high schools. Contact broker for more details, including plats, surveys, conceptual lot-split drawings, existing conditions, and dimensional standards for RO zoning.
Sold for $1,534,000 on 10/01/25
$1,534,000
538 8th St, Steamboat Springs, CO 80487
3beds
1,508sqft
Single Family Residence
Built in 1961
0.33 Acres Lot
$1,534,900 Zestimate®
$1,017/sqft
$4,459 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 02, 2025 at 05:19pm
Listed by:
Colleen deJong (970)846-5569,
Steamboat Sotheby's International Realty
Bought with:
Barkley Robinson, FA100016347
Steamboat Sotheby's International Realty
Source: Altitude Realtors,MLS#: S1061372
Originating MLS: Steamboat Springs Board of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Other
- Level: Main
Half bath
- Level: Main
Utility room
- Level: Lower
Heating
- Forced Air
Appliances
- Included: See Remarks
- Laundry: See Remarks
Features
- Ceiling Fan(s), Laminate Counters, Smoke Free, Cable TV, Utility Room
- Flooring: Carpet, Tile, Wood
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,508 sqft
Property
Parking
- Parking features: Asphalt, Parking Pad
Features
- Levels: One
- Has view: Yes
- View description: City
Lot
- Size: 0.33 Acres
- Features: Corner Lot, City Lot, Level, Near Ski Area, Near Public Transit, Split Possible
Details
- Additional structures: Shed(s)
- Parcel number: R6776289
- Zoning description: See Remarks
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Resale
- Year built: 1961
Utilities & green energy
- Sewer: Connected, Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Steamboat Springs
- Subdivision: 1st Add To Steamboat Springs
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved