This masterfully-constructed 5-bedroom home in Keystone West Ranch is designed for both connection and privacy. The home offers multiple gathering spaces that allow family and guests to come together while still enjoying quiet retreats.
The main level is the heart of the home, anchored by a generous great room with fireplace that seamlessly connects the kitchen, dining, and living areas. Guests enter through a welcoming entry. The kitchen features stainless appliances and efficient lighting, and is complemented by a warm hearth room with its own fireplace, an inviting secondary space for a quiet conversation or reading a book. A private office with custom built-in bookshelves provides a refined workspace filled with natural light. A hidden room tucked behind a bookshelf wall creates a unique recreation or game space complete with a full wet bar, ice maker, & dishwasher. This level also includes a bedroom with ensuite bath and the laundry room. The upper level is home to the primary suite, featuring its own fireplace, southern and western exposure, and abundant natural light. The suite includes two separate bathrooms, each with its own walk-in closet, an exceptional and highly functional layout. An additional ensuite bedroom is also located on this level. The lower level offers a fun family space ideal for movie or game nights, with a second wet bar featuring a dishwasher and beverage cooler. Two bedrooms on this level share a well-appointed bathroom. Storage throughout this home is plentiful and easy to access. The patio backs to National Forest and open space, offering privacy and a peaceful setting for outdoor entertaining. A four-car garage accommodates vehicles and mountain gear with direct entry into a spacious mudroom. Residents enjoy access to the Keystone Ranch pool, hot tub and tennis court with the Ranch Restaurant and public golf course nearby. Trails are just outside the front door, with multiple world-class ski resorts minutes away.
For sale
$2,995,000
862 Penstemon Rd, Dillon, CO 80435
6beds
5,376sqft
Est.:
Single Family Residence
Built in 2002
4,356 Square Feet Lot
$2,853,300 Zestimate®
$557/sqft
$260/mo HOA
What's special
Kitchen features stainless appliancesEfficient lightingMultiple gathering spacesWelcoming entry
- 46 days |
- 1,134 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: March 07, 2026 at 07:50am
Listed by:
Kelly Short Lloyd CRS GRI (970)468-2700,
The Lloyd Group
Source: Altitude Realtors,MLS#: S1066291
Originating MLS: Summit Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Radiant Floor, Radiant
Appliances
- Included: Bar Fridge, Built-In Oven, Double Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Self Cleaning Oven, Water Softener, Wine Cooler, Washer, Washer/Dryer
Features
- Wet Bar, Built-in Features, Ceiling Fan(s), Entrance Foyer, Five Piece Bathroom, Fireplace, Granite Counters, High Ceilings, High Speed Internet, Jack and Jill Bath, Jetted Tub, Kitchen Island, Primary Suite, Open Floorplan, Solid Surface Counters, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Basement: Finished,Heated
- Has fireplace: Yes
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total interior livable area: 5,376 sqft
Property
Parking
- Parking features: Garage, Three or more Spaces
- Has garage: Yes
Features
- Levels: Three Or More,Multi/Split
- Pool features: Community
- Has view: Yes
- View description: Meadow, Mountain(s), Trees/Woods
Lot
- Size: 4,356 Square Feet
- Features: Borders National Forest, Corner Lot, Landscaped, Near Ski Area, On Golf Course, Secluded
Details
- Parcel number: 1001202
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Poured
- Roof: Asphalt
Condition
- Resale
- Year built: 2002
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, Water Available, Cable Available, Sewer Connected
Community & HOA
Community
- Features: Golf, Trails/Paths, Pool
- Subdivision: Keystone West Ranch Sub
HOA
- Has HOA: Yes
- Amenities included: Snow Removal, Tennis Court(s)
- HOA fee: $3,120 annually
Location
- Region: Dillon
Financial & listing details
- Price per square foot: $557/sqft
- Tax assessed value: $3,565,700
- Annual tax amount: $12,721
- Date on market: 2/20/2026
- Exclusions: No
- Road surface type: Paved
Estimated market value
$2,853,300
$2.71M - $3.00M
$8,013/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $2,995,000$557/sqft |
Source: | ||
| 11/13/2025 | Listing removed | $2,995,000$557/sqft |
Source: | ||
| 6/24/2025 | Price change | $2,995,000-10.6%$557/sqft |
Source: | ||
| 1/13/2025 | Price change | $3,350,000-3.6%$623/sqft |
Source: | ||
| 7/26/2024 | Price change | $3,475,000-3.5%$646/sqft |
Source: | ||
| 6/12/2024 | Listed for sale | $3,600,000+7.5%$670/sqft |
Source: | ||
| 8/31/2023 | Sold | $3,350,000-4.3%$623/sqft |
Source: | ||
| 8/14/2023 | Pending sale | $3,500,000$651/sqft |
Source: | ||
| 6/22/2023 | Listed for sale | $3,500,000+112.8%$651/sqft |
Source: | ||
| 3/18/2019 | Sold | $1,645,000-2.7%$306/sqft |
Source: | ||
| 9/29/2018 | Pending sale | $1,690,000$314/sqft |
Source: Re/Max Properties/69 #S1007961 Report a problem | ||
| 8/25/2018 | Price change | $1,690,000-5.8%$314/sqft |
Source: Re/Max Properties/69 #S1007961 Report a problem | ||
| 3/2/2018 | Listed for sale | $1,795,000-5.3%$334/sqft |
Source: Re/Max Properties/69 #S1007961 Report a problem | ||
| 10/14/2017 | Listing removed | $1,895,225$353/sqft |
Source: Re/Max Properties/69 #S1003701 Report a problem | ||
| 2/9/2017 | Listed for sale | $1,895,225$353/sqft |
Source: Re/Max Properties/69 #S1003701 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,792 -4.1% | $222,856 -0.7% |
| 2024 | $12,300 +67.6% | $224,390 -1% |
| 2023 | $7,338 -0.9% | $226,567 +84.1% |
| 2022 | $7,402 +6.6% | $123,057 -2.8% |
| 2021 | $6,942 +1.3% | $126,598 +0.6% |
| 2019 | $6,851 -98.8% | $125,816 +18.1% |
| 2017 | $577,542 +10316.4% | $106,494 -2.4% |
| 2016 | $5,545 -4% | $109,097 |
| 2015 | $5,775 +3% | $109,097 +22.3% |
| 2014 | $5,607 +20.1% | $89,239 |
| 2013 | $4,668 | $89,239 -9.5% |
| 2012 | -- | $98,583 |
| 2011 | -- | $98,583 -25.5% |
| 2010 | -- | $132,358 |
Find assessor info on the county website
Monthly payment
Est. payment
$15,731/mo
Principal & interest
$14697
Property taxes
$774
HOA Fees
$260
More affordability tools
Climate risks
Neighborhood: 80435
Nearby schools
GreatSchools rating
- 4/10Summit Cove Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Summit Middle SchoolGrades: 6-8Distance: 4.4 mi
- 5/10Summit High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Summit Cove
- Middle: Summit
- High: Summit
Source: Altitude Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 80435
- Colorado
- Summit County
- Dillon
- 80435
- 862 Penstemon Rd








