275 Rainbow Dr, Twin Lakes, CO, 81251
About This Home
OWNER MOVING OUT OF AREA Brand-New 2025 Construction on 2.80 Private Acres with unobstructed 'lake & mountain views forever' of Twin Lakes and the Sawatch Range. This custom contemporary mountain retreat offers 3,493 sq ft of thoughtfully designed living space with an open-concept great room, soaring ceilings, and expansive windows framing panoramic views. Chef's kitchen with Thermador appliances, large island, pantry, custom cabinetry, and sleek stone surfaces. Main level includes two bedrooms, highlighted by a luxurious primary suite. Radiant heat, wide-plank flooring, designer lighting, and premium finishes throughout. The walk-out daylight lower level features a third bedroom and bath, spacious 32×19 family/game room, exercise area, and storage--ideal for guests and extended stays. Oversized covered deck captures breathtaking lake and mountain vistas. Circular drive allows easy access for vehicles, boats, and gear. Detached 720 sq ft garage plus 40-ft dual-door Conex container for additional storage. Well, septic, and full electric service in place. No HOA.Close to Twin Lakes old town, Leadville, Buena Vista Located at 9,600 ft in the serene Twin Lakes area, surrounded by hiking, fishing, boating, and skiing, and just 45 minutes 38 miles to Aspen via Independence Pass for world-class dining, shopping, and cultural events.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Excellent,New Construction
- New construction: Yes
- Year built: 2025
Materials
- Roof: Other
- Construction materials: Other,Wood Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Unfinished,Finished,Walk-Out Access
Bedroom1
- Level: Main
- Area: 238
Bedroom2
- Level: Main
- Area: 144
Bedroom3
- Level: Lower
- Area: 195
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bonus Room
- Level: Lower
- Area: 272
Bonus Room
- Level: Lower
- Area: 272
Bonus Room
- Level: Main
- Area: 460
Features
- Finished area below ground: 1,746
- Finished area above ground: 1,747
Full Bathroom
- Level: Main
Full Bathroom
- Level: Main
Full Bathroom
- Level: Lower
Heating & Cooling
- Heating features: Radiant,Electric
- Cooling features: None
Interior Area
- Total structure area: 3,493
- Total interior livable area: 3,493 sqft
Kitchen
- Level: Main
- Area: 238
Laundry
- Level: Lower
- Area: 35
Living Room
- Level: Main
- Area: 320
Rec Room
- Level: Lower
- Area: 272
Property
Details
- Parcel number: 290115001002
- Zoning: RES
Lot
- Lot size: 2.80 Acres
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Landslide
- Lightning
- Avalanche
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,108 | $121,296 |
| Home Insurance * | $1,193 | $14,316 |
| Property Taxes | $1,066 | $12,792 |
| Electricity | $263 | $3,164 |
| Total | $12,630 | $151,560 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-06 | Price change | $2,095,000 |
| 2025-08-25 | Listed for sale | $2,490,000 |
| 2023-09-05 | Sold | $465,000 |
| 2017-11-29 | Sold | $220,000 |
View on Zillow