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$925,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Partial Baths
  • 2,031 Sq. Ft.
  • 2 Car Garage
  • Updated 8 days ago
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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.

Full Property Details for 389 Mount Elbert Dr

General

  • Price: $925,000
  • Taxes: $3,772 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MetroList_Colorado
  • MLS ID: 2905720
  • Updated: 8/14/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • 3/4 Bathrooms: 3
  • Main Floor Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main: 2

Exterior

  • Porch/Patio/Deck: Deck, Wrap Around

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Unpaved

Location

  • County: Lake
  • Subdivision: Pan Ark

School Information

  • Elem School District: Lake County R-1
  • Midd School District: Lake County R-1
  • High School District: Lake County R-1
  • Elementary School: Pitts
  • Middle School: Lake County
  • High School: Lake County

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Wood Stove

Utilities

  • Sewer: Septic Tank
  • Water: Private
  • Utility Description: Electricity Connected, Internet Access (Wired), Phone Available, Propane

Structural Information

  • Structure Type: House
  • Construction: Frame, Wood Siding
  • Roof: Metal
  • Square Feet: 2,031
  • Sq. Ft. Source: Public Records
  • Living Area: 2,031 Sq. Ft.
  • Year Built: 2008
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Mountain(s), Valley
  • Mountain views: Yes
  • Lot Size (Acres): 3.92
  • Lot Size (Sq. Ft.): 170,755
  • Frontage: Public
  • Road Maintenance: Private Maintained Road
  • Lot Features: Many Trees, Mountainous
  • Fencing (Description): None

Financial Considerations

  • Tax Amount: $3,772
  • Tax Year: 2025
  • Terms: 1031 Exchange, Cash, Conventional, VA Loan

Disclosures and Reports

  • Ownership: Individual
  • Special Conditions: None
  • Legal Description: LOT 84A, TWIN LAKES ADD 1B, MT ELBERT PLAMOR RANCH AND LTS. 80 & 81 TWIN LAKES ADDITION 1B MT. ELBERT PLAMOR RANCH AND LOTS 74 & 75, TWIN LAKES ADD., 1-B MT ELBERT PLAMOR RANCH AND LOT 73, TWIN LAKE ADD., 1-B MT ELBERT PLAMOR RANC.
  • Exclusions: Sellers personal property
  • Property ID: 290110301063

Listed by 8z Real Estate

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Listing agent

— 389 Mount Elbert Dr —

  • 8z Real Estate

jp@8z.com,303-887-9887

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 389 Mount Elbert Dr

School District:Lake County School District R-1
NameGradesDistance
Lake County Middle School
1000 West 6th Street, Leadville, CO 80461
3-69.9 mi
Westpark Elementary School
130 West 12th Street, Leadville, CO 80461
K-210.4 mi
Lake County High School
1000 West 4th Street, Leadville, CO 80461
7-129.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 389 Mount Elbert Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,772
21%
$36,087
17%
2024
$3,110
-14%
$30,827
—
2023
$3,612
4%
$30,827
-8%
2021
$3,458
-4%
$33,449
-6%
2022
$3,612
4%
$35,580
20%
2021
$3,458
34%
$29,633
—
2020
$2,578
2%
$29,633
10%
2019
$2,532
34%
$27,021
14%
2017
$1,894
-8%
$23,769
-8%
2016
$2,048
—
$25,702
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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389 Mount Elbert Drive, Twin Lakes, CO 81251 (MLS# 2905720) is a Single Family property with 3 bedrooms, 0 full bathrooms and 3 partial bathrooms. 389 Mount Elbert Drive is currently listed for $925,000 and was received on August 14, 2026. Want to learn more about 389 Mount Elbert Drive? Do you have questions about finding other Single Family real estate for sale in Twin Lakes? You can browse all Twin Lakes real estate or contact a Coldwell Banker agent to request more information.

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