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Listed By:
8z Real Estate;
Address
389 Mount Elbert Drive, Twin Lakes, CO
Price
$ 925,000
Property Attributes
  • MLS#2905720
  • TypeSingle Family
  • Listing Status Active
  • CountyLAKE
  • CityTwin Lakes
  • NeighborhoodPan Ark
  • Zip81251
  • StyleHouse
  • Year Built2008
  • Taxes$ 3772
  • Price$ 925,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2031
  • Lot Size3.92 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Discover true mountain living at this custom-built sanctuary designed by its architect first owner. Nestled on 3.92 acres, spanning 8 contiguous lots this property offers a rare combination of rustic charm and modern efficiency. Featuring 2,031 square feet of total living space divided between a stunning main chalet and a private guest cottage. The 3-level main cabin greets you with soaring tongue-and-groove ceilings, a walk-out basement, and expansive wrap-around Trex decks framed by massive Douglas Fir columns. Recent modern updates include beautifully remodeled custom kitchen cabinetry, premium stainless appliances, and two refreshed bathrooms. After a day of mountain adventures, unwind in the Wi-Fi-controlled Harvia Redwood sauna located perfectly under the covered deck. Above the heated, finished and insulated 2-car garage sits a spacious 1-bedroom, 1-bathroom guest cottage complete with a wet bar—ideal for hosting guests. The property boasts, split-log siding, standing seam Class 4 impact-resistant metal roofs, and ultra-efficient Steffes Electric Thermal Storage heating systems. Practicality meets luxury with 10+ years of firewood ready in the detached woodshed and on the property, a lockable wine closet, overhead kayak storage, and year-round road maintenance provided by the Pan Ark Estates Metro District. A rare bonus: the sale includes a highly valuable additional Mount Elbert Water Association certificate for future use. Experience ultimate Colorado privacy with all the comforts of home.

Elementary School Middle School High School
Pitts Elementary School Lake County Middle School Lake County High School
Price History
8/11/2026 Listed $925,000

General Features

Sewer Septic Tank
Heating Electric,Wood Stove
Cooling None
Utilities Electricity Connected,Internet Access (Wired),Phone Available,Propane
Possession Closing/DOD
Roof Metal
Garage Spaces 2
Patio/Porch Features Deck,Wrap Around
Construction Materials Frame,Wood Siding
Exclusions Sellers personal property
Year Built 2008
Electric 110V,220 Volts
View Mountain(s),Valley
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Lake
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Pan Ark
Status Active
High School Lake County
City Twin Lakes
Senior Community Y/N No
High School District Lake County R-1
Lot Size Units Acres
Lot Size Square Feet 170755.2
Listing Terms 1031 Exchange,Cash,Conventional,VA Loan
Elementary School Pitts
Tax Annual Amount 3772
Middle/Junior High School Lake County
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Lake County R-1
Elementary School District Lake County R-1

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Carpet,Tile
Basement (Y/N) No
Above Grade Finished Area 2031
3/4 Baths 3
Total Bedrooms 3
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 3

Exterior Features

Fencing None
Parking Features Unpaved
Lot Features Many Trees,Mountainous
Water Source Private
Total Parking 2
Lot Size Area 3.92
Foundation Details Slab
Building Area Total 2031
Lot Size Acres 3.92
Road Frontage Type Public
Road Responsibility Private Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81251

Price
AVG $1.3M
$930K
Taxes
AVG $5,068
$3,772
Year Built
AVG 1990
2008
Visits
AVG 63
21
Data Provided by Inside Real Estate®

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