
500 Mountain Shadows Dr Glenwood Springs, CO 81601
Estimated payment $3,672/month
Highlights
- Popular Property
- Laundry Room
- Wood Siding
- Green Building
- Baseboard Heating
About This Home
Welcome to the top of West Glenwood! With over 4.5 acres of land, this NEWLY UPDATED 3-bedroom, 2-bathroom single family home features NEW FLOORING, a BRAND NEW DECK with stunning valley views, and NEW STATE-OF-THE-ART APPLIANCES. Being offered below GarCo assessed value at $599,000! Enjoy this rare West Glenwood gem on City water/sewer but outside city limits. This well-maintained 1,120 sq ft residence showcases a 3-level design with large living room, separate dining area, and dedicated laundry room. Built in 1980 in the established Chalet Village neighborhood, the property includes 6 additional platted lots offering potential to build up to 6 more homes. Municipal utilities available, paved road access, utilities ready for expansion. Perfect for investors, builders, or those seeking a family compound with modern upgrades. Located in quiet residential area with mature trees and mountain views, yet convenient to Glenwood Springs amenities. The possibilities for growth are up to you. Don't miss this unique opportunity to own both a beautifully updated mountain home and prime development land in one of Colorado's most desirable locations.
Listing Agent
Coldwell Banker Mason Morse-GWS Brokerage Phone: (970) 928-9000 License #FA100087920 Listed on: 08/06/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,699
Year Built
- Built in 1980
Lot Details
- 4.88 Acre Lot
- Property is in good condition
Home Design
- Frame Construction
- Composition Roof
- Composition Shingle Roof
- Wood Siding
Interior Spaces
- 1,120 Sq Ft Home
- 3-Story Property
- Range
- Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Eco-Friendly Details
- Green Building
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Community Details
- Property has a Home Owners Association
- Association fees include sewer
- Chalet Village Subdivision
Listing and Financial Details
- Assessor Parcel Number 211934318006
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $2,245 | $29,760 | $7,150 | $22,610 |
2023 | $2,245 | $29,760 | $7,150 | $22,610 |
2022 | $2,047 | $25,190 | $5,910 | $19,280 |
2021 | $2,080 | $25,920 | $6,080 | $19,840 |
2020 | $1,878 | $24,770 | $6,290 | $18,480 |
2019 | $1,893 | $24,770 | $6,290 | $18,480 |
2018 | $1,458 | $19,150 | $3,600 | $15,550 |
2017 | $1,415 | $19,150 | $3,600 | $15,550 |
2016 | $1,348 | $17,910 | $3,180 | $14,730 |
2015 | $1,367 | $17,910 | $3,180 | $14,730 |
2014 | $876 | $11,310 | $1,990 | $9,320 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/06/2025 08/06/25 | For Sale | $599,000 | +21.0% | $535 / Sq Ft |
03/08/2023 03/08/23 | Sold | $495,000 | -36.9% | $442 / Sq Ft |
06/30/2022 06/30/22 | For Sale | $785,000 | -- | $701 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $495,000 | -- | |
Deed | $87,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $205,500 | New Conventional | |
Previous Owner | $208,000 | Unknown |
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Source: Aspen Glenwood MLS
MLS Number: 189623

APN: R020293
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