Estes Park Home Guide - March/April 2021

Estes Park

HOME GUIDE Your guide to Estes Park Real Estate

March/April 2021

www.EPTRAIL.com Photo By: Rick Martinez

www.estesparkteamrealty.com

970-586-3838

Toll -Free 1-800-607-3838

405W Ponderosa Avenue 14757 County Road 18 E

The luxury mountain home you’ve been waiting for. This stunning Engelmann Spruce log home is nestled privately on 16 treed acres with gorgeous views of Pinewood Reservoir and Blue Mountain. The Amish hand scraped black walnut floors and the massive custom carved front doors are just some of the exceptional attributes that make this home so spectacular.

The gourmet kitchen features a subzero refrigerator, Viking stove and convection microwave, and a Wolf hood. Every detail has been carefully thought out such as in floor heating throughout, two Dunkirk hot water boilers, two A/C units, and a whole house intercom and music system.

2 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

$4,200,000

www.estesparkteamrealty.com

970-586-3838

Toll -Free 1-800-607-3838

405 W. Ponderosa 157 ElkhornAvenue Ave.

Opportunity to own Commercial property on Elkhorn Avenue.

This property has been a strong center for businesses in Estes Park for years. Wonderful opportunity for a new owner to breathe new life into an existing facility; this could also be a good Commercial redevelopment for Estes Park. Strong location. Property is located on the sunny side of Elkhorn in downtown’s magical three blocks.

If you know Estes, you know it’s important! Over 19,000 square feet of commercial leasing for shops in Estes.

$2,600,000 ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 3

www.estesparkteamrealty.com

970-586-3838

Toll -Free 1-800-607-3838

405 Ponderosa Avenue 514 Riverrock Circle

Mountain Living is at its finest in this stunning and spacious condominium with over 4,000 sq. ft. and a great location. Enjoy the Big Thompson River and beautiful mountain views from every level with just a few steps to the river from your back door. You’ll have plenty space for everyday living and entertaining. Spacious Main floor kitchen and family room along with second family room and kitchen on lower level. Great fenced in common area allows you to get out and grill or relax at the gazebo. A MUST SEE! 4 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

$ 875,,000

www.estesparkteamrealty.com

970-586-3838

Toll -Free 1-800-607-3838

0 Fish Creek Rd. Border Rocky Mountain National Park, 42 acres known as Many Monuments Ranch is an exceptional location near Cheley Camp and Baldpate Estates. Appreciate your own forest, views of Lake Estes, Long’s Peak and Fish Creek running through the property. $585,000

580 Venner Ranch Rd. The perfect spot to build the Colorado mountain home of your dreams!

Expansive views of Twin Sisters, Mary’s Lake, Lily and Ram’s Horn Mountains.

Just 4.5 miles from the Beaver Meadows entrance to RMNP and 4 miles to Estes Park Restaurants and shopping downtown. Estes Park City water and electricity available. Land slopes to the south and views allowing for lots of Sun! 4WD recommended for dirt road to lot. $139,500

0 Hwy 36 Easy Highway access lot with just over 1 acre. Multi use lot in Pinewood Springs located near an existing business, in a prime location. Building plans exist for storage units and office on lot. Held by a Realtor owned Colorado Corporation.

Gerald D Mayo, listing agent is the owner broker for Estes Park Team Realty and shareholder in Mark Mayo Enterprises. $140,000 ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 5

www.estesparkteamrealty.com

970-586-3838

Toll -Free 1-800-607-3838

1036 Fox Creek Rd.

Looking for the little mountain cabin getaway on the stream. This is it! Rustic cabin sitting on the creek with updated utilities. This cabin has an open floor plan with all the character of a settlers mountain retreat ready for year-round use. Built in craftsman cabinets. Three heat sources woodstove, propane and electric. $395,000

Gerald Mayo

Linda McCreery

Broker/Owner Cell: 970-215-5757

Liz Kozar

Broker Associate Cell: 970-775-0025

6 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

Broker Associate Cell: 970-227-8279

Dewey Shanks

Broker Associate Cell: 806-681-3612

Ryan Leahy

Broker Associate Cell: 970-556-0205

LET OUR TEAM KEEP YOUR SYSTEM RUNNING EFFICIENTLY ALL SEASON Because everyone sleeps better in a comfortable home!

Specializing in

• Boiler repairs & replacements • Furnace repairs & replacements • Pipe Winterization • Indoor Air Quality

CALL TODAY TO ENSURE YOUR FURNACE IS READY FOR WINTER!

970-586-8195

$100 off

www.ProTechTors.com

any service

970-586-8195

repair.

Not valid with

other offers.

Exp. 12.22.21

Proudly serving Estes Park and surrounding areas

www.protechtors.com

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 7

Estes Park It’s your drea am! We’lll help you finance it!

Hometown banking at its best!

Main Bank 255 Park Lane Estes Park, CO 80517 (970) 586-4485

St. Vrain Branch 501 S. St. Vrain, Suite 100 Estes Park, CO 80517 (970) 577-1234

Niwot Branch 7980 Niwot Road Niwot, CO 80503 (303) 652-8082

This material is not from HUD or FHA and the document is not approved by the Department of HUD or any Government Agency. HUD does not approve the material presented. This material/presentation is intended as educational and informational only. This does not constitute an offer to lend or to recommend available products. Bank of Estes Park is not endorsed by nor acting on behalf of or at the direction of the US Department of Housing and Urban Development, the Federal Housing Administration, the US Department of Agriculture or the Federal Government. Copyright © 2019 Bank of Estes Park NMLS #784809. CA: Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License #4130289; IL: Illinois Residential Mortgage Licensee LMB #0005759; KS: Kansas Licensed Mortgage Company, License SL-0000472; MN: This is not an offer to enter into an agreement. Any such offer may only be made in accordance with Minn. Stat. 47.206(3) & (4); NV: NV Mortgage Banker License #4195, NV Mortgage Broker License #4196; OR: License Number ML-4807. To check the license status of your mortgage broker, visit www.nmlsconsumeraccess.

8 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 9

& & & &

&

10 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

#!

*$" +) "")$#

(

% %

% ' _

Custom Gas, Electric & Wood Fireplaces Outdoor Fire Pits & Fireplaces Wood-Burning Stoves

Free Estimates

Locally Owned and Operated

970-586-9584

1755 State Highway 66, Estes Park

Many different style to choose from - Visit our showroom!

Showroom Hours: Tuesday – Friday: 9 AM – 4 PM | Saturday: 9 AM – 2 PM Sunday & Monday: Closed

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 11

970-586-4425 • 320 East Elkhorn Ave

www.EstesParkRealEstate.com TIMESHARE

48 Appleby Drive - Lyons • $55,000

Beautiful heavily treed lot with rock out-cropping. Fantastic views of the valley. Electricity is located at the property corner.

116 E. Elkhorn Ave. • $3,000,000

Fantastic opportunity to acquire a prime location in Downtown Estes Park. This property offers access to both the foot traffic on Elkhorn Ave and the foot traffic of the River Walk. The property is currently being utilized by the very popular business called the Slab. Please call for more information.

0 Bulwark Ridge Drive • $63,000

Great pricing 2.87 acres in The Retreat with well-maintained roads! Surround yourself with wildlife and trees. Rough existing driveway and electricity is nearby. A great place to build your mountain home. Make that lifestyle change! HOA Info at www.retreat-glenhaven.org

UNDER CONTRACT

UNDER CONTRACT

1820 Fall River Road • $2,500,000

Ponderosa Lodge is a beautiful resor t on the Fall River, near the entrance of the Rock y Mount ain National Park. Perfect turnkey investment for someone wanting the Colorado Mountains lifestyle with the potential for lots of growth.

Mike & Marie Edwards Broker/Owner 970-231-2004

EstesParkRealEstate.com

12 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

1565 Colorado Hwy 66 #32 • $7,500

Great opportunity at this price! 1 White Week. Divided floor plan of 1100 sqft, 2 bd/2 ba Rams Horn Village Timeshare. Why buy a 2nd home when you can enjoy stress-free vacation w/ views of RMNP, just a 2-minute drive away?

750 Pine Tree Dr. • $150,000

1.4 4 4 a c r e l o t w i t h M o u n t a i n v i e w s . B u il d y o u r d r e a m h o m e o r m o u n t a i n g e t a w a y w h e r e y o u can enjoy the peacefulness of the Rocky Mountains. Building site is cleared and excavated with roughed in driveway. Well & Septic needed, Electric and phone near property line.

Maggie Cotreau Broker Associate 303-478-3477

Office: 970-586-4425

Vicky Holler Broker Associate 970-222-6692

320 E. Elkhorn Ave.

1086 Pine Knoll Dr. • $1,198,000

TIMESHARE

L u x u r y l i v i n g i s e n j o y e d w i t h t h i s 5 b e d / 6 b a t h , 4 4 0 0 s q . f t . E s t e s P a r k r e t r e a t ; im p e c c a b l e design taking advantage of privacy and views that includes garage, detached workshop/garage and an apartment with 2nd kitchen, which is perfect as a multi-generational residence.

RV Parking. One of a kind!

Mary Murphy Broker Associate 970-214-6350

Wayne Newsom Broker Associate 970-586-4425

1565 Colorado Hwy 66 #5 • $3,000

Rela x in this 2 bd /2 ba home with vaulted ceilings & stainless-ssteel appliances. Includes lodge pole furniture & authentic Native American antiques. Access to a heated outdoor pool, 3 hot tubs and other clubhouse amenities.

Linda Schneider Broker Associate 970-227-0998

Darya Valkavets Broker Associate 720-400-0787

Each office is independently owned.

“Where the Estes Valley has been coming for real estate solutions since 1985!”

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 13

ESTES PARK’S FULL SERVICE DESIGN CENTER AND SHOW ROOM

FLOORING • INTERIOR DESIGN • WINDOW TREATMENTS HUNTER DOUGLAS • KITCHEN & BATH • LIGHTING

431 W. Elkhorn #B Mon.-Fri. 9-4, Sat. by appt.

970-577-7755 • www.DesignEstes.com 14 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

THE RIGHT HOME. THE RIGHT LOAN. THE RIGHT LENDERS.

Honesty. Integrity. Clarity. It’s the way you live and the way we do business.

One place for all your home mortgage and lending needs.

• • • •

Home Purchases and Refinances Construction Financing In-House Mortgages Home Equity Lines and Loans

HARRIETTE WOODARD MORTGAGE LOAN CONSULTANT NMLS# 267734

CHRISTINA KRAFT BRANCH PRESIDENT NMLS# 685946

• Commercial Loans • Local Loan Underwriting and Processing • Competitive Rates

RYAN BROSS VICE PRESIDENT NMLS # 541778

CAMDEN BIRKELAND LOAN OFFICER NMLS# 1126554

ESTES PARK 533 Big Thompson Ave., 970.586.8185 • bankofcolorado.com

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 15

Mention this ad for

• Asphalt Paving – Seal Coating – Crack Filling – Patching – Striping • Commercial & Residential • Locally owned and licensed in Estes Park • Payment Plans & References available • All work warrantied!

Mario Lopez Owner estesvalleyasphalt@yahoo.com

$100 off

jobs of $750 or more

970-412-4704 www.estesvalleyasphalt.com

170 0 S. Saint Vrain Ave., Estes Park, CO, 80517

Are you looking to experience life in the mountains?

Almost ready to retire? Let me help you find that perfect piece of the Rockies to call your own. As a 50 + year resident, there is not much that I don’t know about our little Paradise in the Estes valley. I have raised children and grandchildren, owned businesses, served many years on the Estes Valley Board of REALTORS. Let me be your Estes Park Real Estate Consultant. Call me today and we can begin the process!

Judy Anderson

ABR, GRI, MRE, ePRO, EcoBroker

970-586-2950 Office | 970-481-7150 Cell Judy@KeyToEstesPark.com

www.KeytoEstesPark.com 16 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

THE RICH FLANERY TEAM.

THE PINNACLE OF LENDING.

The Rich Flanery Team has been serving the Estes Park Community for over 20 years.

Our team has over 80 years of combined experience in helping families find the home loan to fit their needs.

We offer a full range of products – FHA loans, VA loans, Conventional loans, Rural Home loans and many more.

We are looking forward to working with you to make your dreams come true in a practical way. But it starts with a conversation.

So, give us a call today at (970) 577-9200 and let our team get to work for you!

Rich Flanery

Loan Officer – NMLS# 256117

mortgagesolutions.net/richflanery

Phone (970) 577-9200

501 Saint Vrain Lane, Suite 101 Estes Park, CO 80517

Equal Housing Lender ©2020 Mortgage Solutions of Colorado, LLC, dba Mortgage Solutions Financial NMLS #61602, headquartered at 5455 N Union Blvd, Colorado Springs, CO 80918, 719447-0325. AL 21883; AR 104413; AZ BK-0928346; Licensed by the Dept of Business Oversight Under CA Residential Mortgage Lending Act License 4130456 & CA Finance Lenders Law License 603H857; CO Mortgage Co. Registration; CT ML-61602; DC MLB61602; DE Licensed by the Commissioner, 20424, exp. 12/31/20; FL MLD902; GA 37525; IA MBK-2013-0042, IA MBK-2014-0038; ID MBL-7290; IL MB.6760816, for licensing information, go to: www.nmlsconsumeraccess.org; IN 17441; KS MC.0001684; KY MC83187; LA Residential Mortgage Lending License; MD 19702; ME 61602; MI FR0022623 & SR0018741; MN-MO-61602, MN-MO-61602.1, MN-MO-61602.2; MO 19-1769; MS 61602; MT Lender & Servicer Licenses 61602; NC L-157264; ND MB102837; NE 2000, NE61602; NJ Mortgage Lender, Licensed by the NJ Dept of Banking & Insurance; NM 02464; NV 4668 & 4399; OH RM.850123.000; OK ML010480, ML011367, ML011368, ML011644; OR ML-4912 & 61602; PA 43167 & 73138; RI Licensed Lender 20122869LL, RI Licensed Mortgage Servicer 20153143LS; SC MLS-61602, OTN1, OTN2, OTN3; SD ML.05086; TN 109443; TX-SML Mortgage Banker Registration & Residential Mortgage Loan Servicer Registration; UT-DRE 8845813 & 8861760; VT Loan Servicer 61602-1; WA CL61602; WI 61602BA & 61602BR; WV ML-32877; WY MBL1022 and SL-2600.

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 17

Home prices up in 2020 and, no surprise, will rise in 2021

By Ken Amundson, BizWest/Trail-Gazette BizWest/Trail-Gazette

T

he pandemic and its related recession aside, home prices in Northern Colorado increased over the past year. And no surprise, they’ll likely increase again in 2021.

Brandon Wells, president and CEO of the Group Real Estate with its headquarters in Fort Collins predicted during the firm’s annual real estate forecast that the average home sales price in the region in 2021 will be $461,667. Last year, he predicted an average sales price of $424,761 for 2020, which was exceeded at $439,117.

Every community in the region tracked by the Group saw increases in average home sales prices — from 1.7% in Johnstown to 11.5% in Longmont. Average home price increases in nearly every community were driven by increased sales of luxury homes, especially those over $1 million in price, he said.

Some of that resulted from people fleeing more urban areas in search of more space in which to operate home offices or have space for children to learn from home during the pandemic.

Home prices were affected, too, by relative scarcity of supply. “Inventory was reduced by 50% over what we saw last year,” he said in reference to 2019 inventory.

Several factors will drive home prices in the region in the coming year and beyond, he said.

Employment — Disruption in the workforce because of

File photo / Estes Park Trail-Gazette

Average home price increases in nearly every community were driven by increased sales of luxury homes, especially those over $1 million in price.

the pandemic has affected the ability of some to buy homes, especially at the lower price ranges. The region has recaptured many of the jobs lost at the height of the pandemic but much remains to be done to return to pre-pandemic employment levels, he said.

Wells also said that the pandemic has demonstrated to companies and workers that they can work from home, and some are choosing to live in one region and work in a totally different region of the country, because they can.

Interest rates — While prices have continued to escalate, interest rates have remained low and even gotten lower, said Jason Peifer, president of Group Mortgage. “We thought we were at the end of the refinance trend at the start of last year,” Peifer said.

But as a result of the pandemic and federal response, rates have declined further.

18 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

“The consensus is that interest rates will go up, maybe to a little over 3% by the end of the year,” he said.

He said the effect of refinancing for many families has been a financial stimulus of $200 to $300 per month for 30 years, which has an economic impact on the region as that money is spent elsewhere.

Appreciation — While average sales prices have climbed, so too have the appreciated prices of homes for people who don’t sell. “The statistical average for appreciation in our region is 5.4% per year,” Wells said.

Supply and demand — The Group considers a balanced market — when the housing market neither favors buyers nor sellers — is a six-month supply of homes for sale.

None of the communities in the region are balanced, and several are strongly to the seller’s advantage with a less

than one-month supply of homes for sale.

New construction — Northern Colorado and the nation as a whole are producing far fewer new homes than the demand might indicate.

Affecting the new construction are the costs of inputs such as lumber and water, which result in higher prices for buyers.

“The word of the year will be ‘back order,’” Wells said.

Supply chain disruption will have an impact on how quickly new homes can be brought to market.

“2021 will be a catching up year. We won’t see a lot delivered, but we will see a lot of projects get started in the region,” he said.

Rents and vacancies — Wells predicted stability in rental rates for apartments as things settle out from the pandemic, during which the government has limited evictions.

Estes Park and RMNP glitter in winter Courtesy photos by Rick Martinez

The drive into Estes Park provides a magical panorama of the majestic Rocky Mountains.

The Milky Way shines over Rocky Mountain National Park.

Dream Lake shimmers under a colorful sky.

Lake Estes glows under the light of a starry winter night.

The river walk in downtown Estes Park transforms under a blanket of snow.

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 19

www.MyEstesParkRealEstate.com Each Office is Independently Owned and Operated

Prospect Highlands Custom Home

Black Canyon Inn Condo

201 Curry Drive, Estes Park, CO 80517 3 bedrooms | 4 bathrooms | 3 car garage

165 Twin Owls Lane #A3. Estes Park, CO 80517 2 bedrooms | 2 bathrooms | 1026 sq. f t. | Built in 1995

LISTED AT $897,700 • Spectacular panoramic mountain views • Open floor plan with vaulted ceilings • Main level master suite • New carpet and exterior stain • Oversized 3-Car garage with lots of extras and epoxy floor • Large composite deck built into rock outcropping • Windows treated for heat and UV protection • All appliances, hot tub, slate pool table included • Lovingly maintained

Scott Thompson

(970) 590-9941 Scott@EstesParkHome.com

Andrew Limmiatis

(970) 473-4555 Andrew@EstesParkHome.com

20 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

LISTED AT $450,000 • Views of Continental Divide and Lumpy Ridge • Excellent Vacation Rental History • Perfect for Wedding Rentals • One-Bedroom Lock-Off Option • Granite Counters • Luxury 5- Piece Master Bath • Gas Log Fireplace • Modern Rustic Decor with Custom Tile and Woodwork • Fully-Furnished • On-Site Managment Handles All Reservations & Cleanings

Sarah Metz

(352) 424-1000 Sarah@EstesParkHome.com

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 21

Discover why over 17 million homeowners trust State Farm®.

Susan Fereday Ins Agency Inc Susan J Fereday, Agent 501 Saint Vrain Lane Estes Park, CO 80517 Bus: 970-586-9547

0907507.1

With your new home comes new responsibilities – like protecting your new investment with the right amount of homeowners insurance.

That’s where I can help.

Like a good neighbor, State Farm is there.® CALL ME TODAY.

State Farm Fire and Casualty Company, State Farm General Insurance Company, Bloomington, IL

Did you know that we reach over 300,000 readers every month?

4th Quarter of 2020 on eptrail.com Users - 1,017,377 New Users - 973,168 Page Views - 1,958,156 • The Trail-Gazette has been the newspaper of record in Estes Park since 1921 and continues to reach over 90% of our residents and visitors via our newspaper readership online at www.eptrail. com, and our social media channels.

• Our website - www.eptrail.com is updated an average of 10 times a day with breaking news that we write on the things we cover in Estes Park, such as Town Hall, all taxing district meetings, Planning commission meetings, coverage of RMNP, to name a few, and anything else that you need to know to live well in Estes Park!

• We have diligently covered the Coronavirus and its impact on Estes Park, Larimer County, and throughout the state.

With over 70 years of industry experience, you can trust your real estate transaction to us. Our experienced staff fff can handle any transaction, from vacant land to multi- million dollar commercial transactions.

Our Services Include: Title Searches, Closing Services, Ownership & Encumbrance Reports, and Electronic Recording Tammy J. Elley

Jenny L. Northcutt

Co-Owner/Escrow Officer

Co-Owner/Escrow Officer

Locally owned and operated Visit Our New Office!

Hours

443 West Elkhorn Avenue, Estes Park, Colorado www.ascenttitle.com

Monday - Friday: 9 am - 4 pm Saturday: Closed Sunday: Closed

Phone: 970-586-4406 • Fax: 970-586-4538 22 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

• Our print product is invited into the home by over 1500 paid subscribers that receive our paper via the USPS and over 200 who buy in racks and dealerships in our community. Our newspaper is paid for, therefore, increasing the likelihood that ads and articles are read.

• We also post our articles on our Facebook page at www.facebook.com/eptrail where we have 33K followers who often share our articles with friends, groups, etc.

Our ad packages include both print & digital ads for total market coverage!

Contact us to reach our audience:

Daniel Sewell - sewelld@eptrail.com or 970-586-6684 Mike Romero - romerom@eptrail.com or 970-586-3357

ESTES PARK HOME GUIDE MARCH/APRIL 2021 • 23

FirstColoradoRealty.com 970/586-3333 • 800/401-7750 523 Saint Vrain Lane, Estes Park

1400 David Dr~#3

121 Wiest Dr~Commerical

$395,000

699 Findley Ct

$399,000

1593 Dry Gulch Rd

$1,329,000

1050 Fall River Ct

$1,595,000 24 • ESTES PARK HOME GUIDE MARCH/APRIL 2021

PENDING

$1,595,000

1853 Highway 66

PENDING

1010 S Saint Vrain~A5

$218,900

Axell Rd~New Build!

$2,500,000

Thunderview~2.5 Acre Lot

$654,000

$595,000