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$489,900
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Property Description
Welcome to Rainbow Valley, where mountain charm meets modern comfort. This beautifully furnished and move-in-ready cabin is tucked among towering pines just minutes from downtown, offering the perfect blend of peaceful seclusion and everyday convenience. Step inside to discover a bright, open-concept floor plan designed for comfortable living and effortless entertaining. Expansive windows fill the home with natural light while framing the surrounding forest and mountain scenery. The warm, inviting interior creates the perfect place to relax after a day of exploring Colorado's endless outdoor recreation. One of the home's standout features is the spacious composite deck, where you can sip your morning coffee while watching the sunrise over the mountains or unwind in the evening beneath a spectacular canopy of stars. Surrounded by nature, you'll enjoy the peace and privacy of mountain living without feeling isolated. Located in the desirable Rainbow Valley community, this cabin offers quick highway access, making commuting or exploring the region easy. You'll appreciate being just minutes from shopping, dining, local attractions, and all the conveniences of town while still enjoying the serenity of a true mountain retreat. Outdoor enthusiasts will love the endless opportunities just beyond the doorstep. Spend your days hiking scenic trails, casting a line in nearby gold-medal fishing waters, rafting Colorado's beautiful rivers, or exploring countless parks and forests. With breathtaking mountain views, a desirable location, and exceptional versatility as a primary home, vacation getaway, or income-producing VRBO, this Rainbow Valley cabin offers an incredible opportunity to experience the very best of Colorado mountain living.
Full Property Details
Full Property Details for 493 Horseshoe Dr
General
- Price: $489,900
- HOA FEE: $3/month
- HOA FEE FREQ.: Annual
- Taxes: $1,035 (2025)
- Status: Active
- Type: Single Family
- Source: PikesPeak
- MLS ID: 5340531
- Updated: 8/11/2026
- Added to Site: 18 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Self-Cleaning Oven, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Tub/Shower
Bedrooms
- Total Bedrooms: 3
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Basement
Additional Information
- Amenities: Breakfast Bar, Radon System, Window Coverings
Parking
- Garage Description: N/A
Location
- County: Teller
- Subdivision: Rainbow Valley
School Information
- High School District: Woodland Park RE2
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air, Passive Solar, Propane
Utilities
- Sewer: Septic
- Water: Cistern
- Utility Description: Electricity Connected, Propane, Telephone
Structural Information
- Property Detached: Yes
- Description/Design: Ranch
- Structure Type: Frame
- Construction Status: Existing Home
- Basement Desc.: Full Basement, Walk-Out
- Roof: Metal
- Main/1st Level: 816 Sq. Ft.
- Finished Above Grnd: 816 Sq. Ft.
- Year Built: 1999
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,670
- Driveway/Sidewalk: Gravel
- Lot Features: Hiking Trail, Near Fire Station, Near Hospital, Near Schools
- Lot Description: Sloping, Trees/Woods, View of Pikes Peak
Financial Considerations
- Association Fee: Yes
- Association Fee: $30
- Assoc Fee Freq.: Annual
- Tax Amount: $1,035
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA, VA
Disclosures and Reports
- Restrictions: No Mobile, No UBC/IBC Std Mod
- APN: 22890731404
Listed by Realty One Group Apex
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Schools
Schools serving 493 Horseshoe Dr
School District:Cripple Creek-Victor School District Re-1
| Name | Grades | Distance |
|---|---|---|
Cresson Elementary School 412 North C Street, Cripple Creek, CO 80813 | K-5 | 6.4 mi |
Cripple Creek-Victor Junior-Senior High School 410 B Street, Cripple Creek, CO 80813 | 6-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 493 Horseshoe Dr
Date
Details
Price
Change
Source
8/11/2026
Price Reduced
$489,900
-1.03%
MLS
8/03/2026
Listed
$495,000
-1%
MLS
12/13/2022
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 493 Horseshoe Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,869
—
$25,200
6%
2025
$1,869
19%
$23,670
—
2023
$1,571
18%
$23,670
16%
2021
$1,330
2%
$20,380
3%
2022
$1,298
-2%
$19,810
11%
2021
$1,330
18%
$17,800
—
2019
$1,131
33%
$17,800
37%
2018
$852
—
$13,010
—
2017
$854
-7%
$13,010
-7%
2016
$919
-10%
$14,030
—
2015
$1,021
9%
$14,030
10%
2014
$938
-2%
$12,740
—
2013
$954
—
$12,740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 493 Horseshoe Dr
493 Horseshoe Drive, Divide, CO 80814 (MLS# 5340531) is a Single Family property with 3 bedrooms and 2 full bathrooms. 493 Horseshoe Drive is currently listed for $489,900 and was received on August 03, 2026. Want to learn more about 493 Horseshoe Drive? Do you have questions about finding other Single Family real estate for sale in Divide? You can browse all Divide real estate or contact a Coldwell Banker agent to request more information.

