13 days on rocket

387 Cottonwood Lake Dr, Divide, CO, 80814

$775,000

Home List Price

$9,203*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
4,170 SqFt
$186/SqFt
House
Schools Nearby

Location

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387 Cottonwood Lake Dr, Divide$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Year Built1994
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s)
BasementYes
FireplaceWood Burning
ViewMountain(s), Trees/Woods
MLS #7837547
Lot Size2.58 Acres
StatusActive

About 387 Cottonwood Lake Dr

Nestled atop a ridge, with Pikes Peak views, in the Highland Lakes community, with 4,170 square feet of living space, including 4 bedrooms, 3 bathrooms, and a 5-car detached garage, this property combines luxury with comfort. Entering through the 4 by 7 foyer, you'll have access to the Living, Dining, and Kitchen Great Room. The Living Room spans 19 by 27 feet and features vaulted ceilings, a striking stone floor-to-ceiling fireplace, plush carpet flooring, and panoramic windows that frame the mountain vistas. Adjacent is the 9 by 10 dining room, with wood floors and access to the wrap-around patio, perfect for alfresco dining or entertaining guests. The well-appointed kitchen, also with wood flooring, spans 10 by 14 feet and offers granite counters, top-of-the-line appliances including a refrigerator, gas range/oven, microwave, and dishwasher. Additionally, a convenient 5 by 6 walk-in pantry with abundant shelving provides ample storage space. Off the living is the 4 by 6 guest bath. The master suite awaits at the end of the hall, spanning 15 by 29 feet and featuring plush carpet flooring, dual closets, and serene mountain views. The attached 8 by 10 master bath has ceramic flooring, a dual vanity, a soaker tub, and a stand-alone shower. Also off the master bedroom is the 10 by 11 office space, offering carpet flooring and panoramic windows. Ascend to the upper level to discover three additional generously sized bedrooms, each offering plush carpet flooring, ample closet space, and tranquil views of the surrounding landscape. Bedroom 3 features private access to the shared full bath, which a single vanity, and a tub & shower combo. Venture to the lower level to explore the 1,500 square foot unfinished basement. This level also includes the laundry area with included washer and dryer, With its unmatched blend of luxury, comfort, and scenic beauty, this Ridge-Top Highland Lakes home presents a rare opportunity to embrace elevated mountain living at its finest.

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Living Area: 4,170 SqFt

Listing Office:

  • Office Name: Pikes Peak Homes and Land Ltd
  • Office Phone: (719) 464-5839
  • Listing Agent: Chris Clark CRS GRI

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Five Piece Bath, Nine Foot Plus Ceilings, Great Room, Vaulted Ceiling(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), Trees/Woods
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Views, Sloped
  • Lot Size: 2.58 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Woodland Park High School, Public District Grades 9-12
  • Woodland Park Middle School, Public District Grades 6-8
  • Summit Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $186/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,921
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Divide, CO.

Med. List Price

$592.5K

Med. Price/SqFt

$299

Avg. Days On Market

75

# of Sold Homes

16

387 Cottonwood Lake Dr vs Divide

13 DAYS ON ROCKET

-62 Days

$775,000

+$182.5K More

$186/SqFt

-$113 Less

KEY TAKEAWAY

This property is $182.5K more than the Median List Price and $113/SqFt less than other homes in Divide, CO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #7837547

Listing Office:

  • Office Name: Pikes Peak Homes and Land Ltd
  • Office Phone: (719) 464-5839
  • Listing Agent: Chris Clark CRS GRI

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 10:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 2019Home Sold
$495,000
Sep 12, 2014Home Sold
$315,350
Feb 11, 2014Home Sold
$220,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,921$31,290
2019$1,888$31,290
2018$1,682$26,630
2017$1,585$26,630

History based on county public records data.

Payment Calculator

$3,945

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-367377
7
/10
  • Summit Elementary School

  • 490 Meadow Park Dr

  • 3.81 miles

  • Public District Grades PK-5

Middle School

school-card-donut-367378
6
/10
  • Woodland Park Middle School

  • 600 E Kelly Rd

  • 9.75 miles

  • Public District Grades 6-8

High School

school-card-donut-367379
4
/10
  • Woodland Park High School

  • 151 Panther Way

  • 9.52 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,503. The most common annual income of people living in Divide, CO is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 387 Cottonwood Lake Dr

What is the listing price of this property?

The listing price of 387 Cottonwood Lake Dr property is $775,000.

What type of property is this?

The property 387 Cottonwood Lake Dr is a house located in Divide, Colorado, 80814.

Is this property for sale now?

Active Listing: 387 Cottonwood Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 387 Cottonwood Lake Dr are:
Summit Elementary School: GreatSchools Rating 7/10
Woodland Park Middle School: GreatSchools Rating 6/10
Woodland Park High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,921 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 27, 2019 for $495,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 387 Cottonwood Lake Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 387 Cottonwood Lake Dr is 4,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 387 Cottonwood Lake Dr is 1994.

Rocket Homes›Colorado›Teller County›Divide›80814›387 Cottonwood Lake Dr

This home is located at 387 Cottonwood Lake Dr in Divide, CO and zip code 80814 in the Highland Lakes neighborhood. This 4,170 square foot home, which was built in 1994, sits on a 2.58 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $775,000.

In April 2024 in Divide, CO there were 95.8% more homes for sale than in March 2024. In April 2024 median list price was $592,500 and the average listing age was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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