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1515 2nd Street, Paonia, CO, 81428

4beds
3baths
1,943sqft
$514,990
$265price/sqft
$3,110/moest. monthly cost
$124,400/yrincome needed

About This Home

Completely reimagined and move-in ready, this beautifully updated ranch-style home on the edge of Paonia offers the perfect blend of comfort, efficiency, and North Fork Valley lifestyle. With 4 bedrooms and 3 baths, the home has been thoughtfully upgraded throughout—including an open kitchen with granite countertops and travertine tile backsplash, stylishly remodeled bathrooms with custom tile showers and baths, an inviting primary suite, new oak and tile flooring, and a newer heating and cooling system. Every detail has been carefully considered to create a warm, functional, and modern living space. The flexible floor plan also includes a finished basement featuring a spacious family-game-media room, ¾ bath, and excellent storage—ideal for guests, hobbies, or additional living space. Additional upgrades include an EV system and a new sewer line, offering peace of mind and efficiency. The outdoor setting is a standout feature. The property is beautifully established with mature fruit trees, shade trees, and perennial plantings, creating a lush and inviting environment. Enjoy a productive garden space with raised beds and drip irrigation, a greenhouse with shade cloth, composting beds, multiple storage sheds, and a water catchment system. A charming paver patio with pergola provides the perfect place to dine, relax, and entertain your friends. Located just minutes from downtown Paonia, you can walk or bike to local shops, restaurants, galleries, and the vibrant farmers market, while also enjoying quick access to nearby BLM trails for hiking, biking, and endless outdoor adventure. Living in Paonia means embracing a laid-back, creative, and connected community surrounded by stunning natural beauty. Known for its organic farms, vineyards, outdoor recreation, and thriving arts scene, Paonia offers a rare combination of small-town charm and big lifestyle appeal. This is a turnkey opportunity to enjoy it all—whether you're gardening, entertaining, or exploring everything the North Fork Valley has to offer.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
Paonia Elementary SchoolGrades PK-80.7 mi
5/10
Hotchkiss High SchoolGrades 9-128.3 mi
4/10

Construction

Condition

  • Year built: 1959

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Wood Frame,Masonite,Stone,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch Basement
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Exhaust Fan,Freezer,Microwave,Range,Refrigerator,Washer
  • Laundry features: W/D Hookup

Basement

  • Has basement: Yes
  • Basement: Basement-below grade,Partially Finished,Crawl Space

Bedroom2

  • Area: 168.27083333333334

Bedroom3

  • Area: 125.41666666666666

Bedroom4

  • Area: 127.3611111111111

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Cooling

  • Cooling features: Evaporative Cooling

Dining Room

  • Features: Eat-in Kitchen

Family Room

  • Area: 431.2569444444445

Features

  • Granite Counters,Pantry,Media Room
  • Window features: Window Coverings,Double Pane Windows
  • Flooring: Hardwood,Tile
  • Fireplace features: Free Standing,Living Room,Wood Burning Stove,Wood Stove
  • Fireplace: Yes
  • Finished area below ground: 634
  • Finished area above ground: 1,309

Interior Area

  • Total structure area: 1,943
  • Total interior livable area: 1,943 sqft

Kitchen

  • Area: 136.08333333333334

Living Room

  • Area: 265.1458333333333

Master Bedroom

  • Level: Main
  • Area: 151.11111111111111

Property

Details

  • Parcel number: 324505253001
  • Zoning description: Residential Single Family

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Landscaping
  • Has view: Yes
  • View description: Mountain(s),Valley

Lot

  • Lot size: 7,840 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Landslide
    LandslideRelatively High
  • Drought
    DroughtModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Landslide
Drought
Wildfire
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,604$31,248
Home Insurance *$175$2,100
Property Taxes $145$1,740
Electricity $186$2,232
Total$3,110$37,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,628/yr
40% on housing$93,300/yr
45% on housing$82,933/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 81428$361
Delta County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 81428
Delta County$251

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Contingent$514,990
2026-03-28Listed for sale$514,990
2018-04-16Sold$315,000
2018-03-02Pending sale$319,000
2018-01-04Price change$319,000
2017-12-04Listed for sale$339,000
2016-11-07Sold$125,000
2016-10-24Listed for sale$139,000
2016-07-27Sold$237,610
2006-05-08Sold$148,500

For Sale by Agent

AgentMarsha Brezonick
BrokerageNeedlerock Mountain Realty and Land, LLC

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