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273 Saddle Rd, Glenwood Springs, CO, 81601

2beds
3baths
1,972sqft
$1,350,000
$685price/sqft
$7,735/moest. monthly cost
$309,400/yrincome needed

About This Home

Enjoy breathtaking views from this gorgeous custom-built mountain home nestled on 35 gently sloping acres. The home offers unparalleled privacy, peace and tranquility, as well as abundant wildlife, yet is only 7 miles from Highway 82 and 8 miles from downtown Glenwood. A gravel road extending from the paved section of Three-Mile Road brings you to the gate of Mountain Springs Ranch--a Firewise community of 43 parcels, each at least 35 acres. Covenants prevent any future building within your line of sight. Two easements give you private road access to thousands of acres of adjacent BLM land. The road is well-maintained and snow-plowed for year-round access. Once you see this unique and enchanting property, you will never want to leave. This property features on-grid electricity, a water well for house and yard use, propane tank, septic, a detached three-car garage/workshop + the two car attached garage-5 total spaces. Once inside the home you will take in the beauty of the south-facing windows, quality finishes and enjoy one level living. Although this home was constructed as a 2 bedroom home, there is potential to create a 3rd bedroom where the pool table is located. If you are looking to escape to a tranquil location, this could be the perfect fit!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

7/10
Sopris Elementary SchoolGrades PK-52.4 mi
4/10
9/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 2019

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Stone Veneer,Other,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

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

Features

  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,972
  • Total interior livable area: 1,972 sqft

Property

Details

  • Parcel number: 218519400137
  • Zoning: Rural

Lot

  • Lot size: 35.31 Acres
  • Features: Landscaped

Parking

  • Total spaces: 5
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

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 FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Avalanche
    AvalancheModerate

How This Home’s Risks Compare

Inland Flooding
Landslide
Lightning
Wildfire
Avalanche

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 $6,826$81,912
Home Insurance *$285$3,420
Property Taxes $438$5,256
Electricity $186$2,232
Total$7,735$92,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,200/yr
40% on housing$232,050/yr
45% on housing$206,266/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: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$685This listing

vs Other Active Listings

Avg $/sqft

ZIP 81601$415
Garfield County$469

vs Homes Sold Last Month

Median $/sqft

ZIP 81601$440
Garfield County$337

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
2026-04-23Listed for sale$1,350,000
2017-07-11Sold$180,000

For Sale by Agent

AgentTonya Nieslanik
BrokerageVicki Lee Green Realtors LLC

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