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246 Capitol St, Eagle, CO, 81631

2beds
2baths
1,255sqft
$799,500
$637price/sqft
$4,591/moest. monthly cost
$183,640/yrincome needed

About This Home

Welcome to 246 Capitol St, a beautifully maintained single-family Victorian-style home offering the perfect blend of charm and convenience with a highly sought-after downtown location. This 2-bedroom, 2-bath residence features an open first-floor living space filled with natural light, warm hardwood floors, and an easy flow for both everyday living and entertaining. Classic Victorian character pairs seamlessly with thoughtful updates, creating a home that feels timeless yet functional. Step outside to a private, fully fenced yard—an ideal spot for morning coffee, winding down in the evening, or hosting friends in an expansive setting. Located in the heart of downtown Eagle, you'll love the accessibility, being just a short walk to schools, restaurants, coffee shops, and public transportation. The roof was replaced in 2018. Rare opportunity for future potential: this property may also be purchased with neighboring homes 236, 226, and 214 Capitol St., which, when combined, can be made into one or more larger parcels. Which can be developed in multiple ways due to the various zoning allowances. The property lies in a CMU1 (Commercial Mixed-Use 1) zoning district, specifically designed to support development of a vibrant small-town downtown area with a mix of commercial and residential uses—think live/work units, multifamily development, and more. Buyer to verify zoning and permitted uses. Whether you're looking for a charming primary residence, investment, or a strategic development play, 246 Capitol St delivers location, character, and possibility in one of Eagle's most desirable settings.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
64
BikeBikeable

Schools

4/10
7/10
7/10
Eagle Valley High SchoolGrades 9-126.5 mi

Construction

Condition

  • Year built: 1907

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Frame,Other

Notable Dates

  • Major remodel year: 1988

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Washer/Dryer
  • Laundry features: See Remarks

Bedrooms & Bathrooms

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

Features

  • See Remarks
  • Flooring: Concrete,Wood
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,255
  • Total interior livable area: 1,255 sqft

Property

Details

  • Parcel number: 193932411005
  • Zoning: CMU1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Ground
  • Fencing: Fenced,Full
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,098 sqft
  • Features: City Lot

Parking

  • Total spaces: 3
  • Parking features: Above Ground,Detached,Heated Garage
  • 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
  • Avalanche
    AvalancheRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Avalanche
Winter Weather
Landslide

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 $4,042$48,504
Home Insurance *$124$1,488
Property Taxes $239$2,868
Electricity $186$2,232
Total$4,591$55,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$157,405/yr
40% on housing$137,730/yr
45% on housing$122,426/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: 17.2%
17.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$637This listing

vs Other Active Listings

Avg $/sqft

ZIP 81631$705
Eagle County$1,132

vs Homes Sold Last Month

Median $/sqft

ZIP 81631$466
Eagle County$648

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
2026-03-25Price change$860,000
2026-02-16Price change$899,000
2026-01-07Pending sale$925,000
2025-11-25Listed for sale$925,000
2018-03-13Sold$475,250
2018-01-25Listed for sale$463,000
2014-06-04Sold$271,999
2009-08-08Listing removed$399,000
2009-06-14Listed for sale$399,000
2008-10-15Listing removed$429,900
2008-06-21Listed for sale$429,900
2006-06-05Sold$355,000
2000-08-01Sold$248,000

For Sale by Agent

AgentVit Blanar
BrokerageVail Land Company LLC

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