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240 Lake Dillon Drive UNIT 423, Dillon, CO, 80435

2beds
2baths
1,096sqft
$1,455,000
$1,328price/sqft
$8,324/moest. monthly cost
$332,960/yrincome needed

About This Home

Introducing Waterview Residences, a boutique collection of 80 luxury condominiums where timeless design meets one of Colorado’s most extraordinary settings. Perched above Lake Dillon with sweeping lake and mountain views, these thoughtfully crafted residences offer effortless access to five world-class ski resorts while placing the marina, amphitheater, restaurants, shops, and miles of scenic trails just steps from your door. Best-in-class project team with an uncompromising commitment to quality construction and enduring craftsmanship. Each home features open-concept floor plans, expansive floor-to-ceiling glass windows, and carefully curated designer finishes that create sophisticated, light-filled living spaces inspired by the surrounding landscape. Residents enjoy an elevated suite of amenities, including a state-of-the-art fitness center, yoga space, co-work space, community gathering room with fireplace and kitchen, viewing deck and courtyard with outdoor furniture and hot tub, secure assigned parking, and private outdoor space with maintenance free, lock-and-leave convenience. Every detail has been intentionally designed to deliver a refined mountain lifestyle rooted in comfort, wellness, and connection. Waterview Residences offers a rare opportunity to own in an irreplaceable location where lakefront beauty, modern luxury, and four-season adventure come together in perfect harmony - creating a legacy property defined by timeless design, exceptional access, and enduring value for generations to come. Refined mountain living at its best.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

6/10
4/10
Summit Middle SchoolGrades 6-83.9 mi
5/10
Summit High SchoolGrades 9-124.5 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Poured
  • Roof: See Remarks
  • Construction materials: Concrete,Steel

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave Hood Fan,Microwave,Refrigerator,Washer,Washer/Dryer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Cable TV
  • Flooring: Luxury Vinyl,Luxury VinylTile,Tile

Heating & Cooling

  • Heating features: Central,Hot Water,Natural Gas,Radiant
  • Cooling features: 1 Unit

Interior Area

  • Total interior livable area: 1,096 sqft

Property

Details

  • Parcel number: ND0626042
  • Zoning description: Planned Unit Development
  • Exclusions: No

Features

  • Levels: One
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Features: City Lot

Parking

  • Parking features: Assigned,Two Spaces

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

  • Avalanche
    AvalancheVery High
  • Lightning
    LightningVery High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Avalanche
Lightning
Hail
Winter Weather
Inland Flooding
Strong Wind

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 $7,357$88,284
Home Insurance *$393$4,716
Property Taxes $388$4,656
Electricity $186$2,232
Total$8,324$99,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$285,394/yr
40% on housing$249,720/yr
45% on housing$221,973/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: 19.3%
19.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 10.0%
10.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,328This listing

vs Other Active Listings

Avg $/sqft

ZIP 80435$542
Summit County$527

vs Homes Sold Last Month

Median $/sqft

ZIP 80435$602
Summit 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
2026-06-17Listed for sale$1,455,000
2020-02-19Listing removed$699,000
2019-12-04Price change$699,000
2019-04-24Listed for sale$665,000

New Construction

AgentJonathan Nixon
BrokerageSlifer Smith & Frampton R.E.

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