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506 Park View Ln, Gypsum, CO, 81637

4beds
2baths
1,200sqft
$799,000
$666price/sqft
$4,680/moest. monthly cost
$187,200/yrincome needed

About This Home

Situated on over one-third of an acre located on a quiet street with beautiful views of the Eagle River, this home offers the perfect blend of comfort, updates, and future potential. The newly remodeled kitchen features elegant quartz countertops, stainless steel appliances, and custom cabinetry, creating a bright and functional space for everyday living and entertaining. The main level includes three bedrooms and two bathrooms, including a primary suite with an en-suite bath. New carpet and luxury vinyl plank flooring add a fresh, modern feel throughout. The walk-out lower level offers approximately 1,200 square feet of unfinished space, already including a den and endless possibilities. With its separate entrance, it has excellent potential for a lock-off suite, guest quarters, or expanded living space to suit your needs. Take in the mountain and Eagle River views from the expansive wraparound deck, the perfect place to relax or entertain. Solar panels help reduce utility costs, making this home as efficient as it is inviting. NO HOA!

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

3/10
Gypsum Elementary SchoolGrades PK-51.2 mi
4/10
7/10
Eagle Valley High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Poured in Place
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator,Washer,See Remarks
  • Laundry features: Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

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

Features

  • See Remarks
  • Flooring: Carpet,Simulated Wood,Tile
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Natural Gas,Radiant
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 1,200 sqft

Property

Details

  • Parcel number: 211106102014
  • Zoning: Residential
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Patio & porch: Deck
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),River
  • Has water view: Yes
  • Water view: River

Lot

  • Lot size: 0.39 Acres
  • Features: City Lot,See Remarks

Parking

  • Total spaces: 4
  • Parking features: Above Ground

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

  • Lightning
    LightningVery High
  • Avalanche
    AvalancheRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Lightning
Avalanche
Inland Flooding
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 $4,040$48,480
Home Insurance *$215$2,580
Property Taxes $239$2,868
Electricity $186$2,232
Total$4,680$56,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$160,457/yr
40% on housing$140,400/yr
45% on housing$124,800/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

$666This listing

vs Other Active Listings

Avg $/sqft

ZIP 81637$708
Eagle County$1,132

vs Homes Sold Last Month

Median $/sqft

ZIP 81637$417
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
2026-08-16Price change$785,000
2026-07-19Listed for sale$799,000

For Sale by Agent

AgentLaurie Slaughter
BrokerageBerkshire Hathaway - Gypsum

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