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2773 Caspian Way, Grand Junction, CO, 81503

15beds
15baths
7,380sqft
$1,875,000
$254price/sqft
$11,133/moest. monthly cost
$445,320/yrincome needed

About This Home

Looking for a new construction investment property? This listing is for all 5 units(A-E) at 2773 Caspian Way. The homes include 3 bedrooms on the 2nd floor with 2.5 baths including one on the main level. Turnkey for an investor, all units are rented. Tenant pays electric, water, and sewer. The HOA will maintain all landscaping, pay for fiber, trash and snow removal. Energy Star certified with EPA Indoor airPlus and DOE Zero Energy Ready homes, meaning they are the most comfortable, low utility cost (avg. $100/month), and efficient homes on the market. The townhome has a front entry 1 car garage with remote keypad. There is dedicated fiber to every townhome. Documents, leases, etc available upon request to qualified Buyers. This listing is also part of MLS # 20260430

Getting Around

49
WalkingCar-Dependent
16
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Asphalt,Composition
  • Construction materials: Stucco,Wood Frame

Type & Style

  • Home type: Townhouse
  • Architectural style: Two Story
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Disposal,Microwave,Refrigerator,Washer,High Efficiency Water Heater
  • Laundry features: Laundry Room

Bedroom2

  • Level: Upper
  • Dimensions: 11x10.5

Bedroom3

  • Level: Upper
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 15

Dining Room

  • Level: Main
  • Dimensions: 11x10

Family Room

  • Level: Main
  • Dimensions: 11x13

Features

  • Pantry,Solid Surface Counters,Upper Level Primary,Walk-In Closet(s),Walk-In Shower,Window Treatments,Programmable Thermostat
  • Window features: Low-Emissivity Windows,Window Coverings
  • Flooring: Carpet,Luxury Vinyl,Luxury VinylPlank
  • Fireplace features: None

Heating & Cooling

  • Heating features: Electric,Forced Air,High Efficiency,Heat Pump
  • Cooling features: Central Air,High Efficiency,Heat Pump,Whole House Fan

Interior Area

  • Total structure area: 7,380
  • Total interior livable area: 7,380 sqft

Kitchen

  • Level: Main
  • Dimensions: 11.5x13

Laundry

  • Level: Upper
  • Dimensions: 6x7.5

Living Room

  • Level: Main
  • Dimensions: 11x13

Master Bedroom

  • Level: Upper
  • Dimensions: 15.5x11.5

Property

Accessibility

  • Accessibility features: Accessible Hallway(s),Low Threshold Shower

Details

  • Parcel number: 294525445011015
  • Zoning description: MU-2

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck
  • Exterior features: None,Sprinkler/Irrigation
  • Fencing: Full

Lot

  • Lot size: 8,712 sqft
  • Features: Landscaped,Sprinkler System
  • Lot size dimensions: 110 x 76

Parking

  • Total spaces: 5
  • Parking features: Attached,Garage,Garage Door Opener,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Has uncovered spaces: Yes

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
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather

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 $9,481$113,772
Home Insurance *$502$6,024
Property Taxes $593$7,116
Electricity $557$6,685
Total$11,133$133,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$381,702/yr
40% on housing$333,990/yr
45% on housing$296,880/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: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$254This listing

vs Other Active Listings

Avg $/sqft

ZIP 81503$195
Mesa County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 81503$261
Mesa County$263

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

DateEventPrice
2025-11-25Price change$1,930,000
2025-07-01Listed for sale$1,980,000
2025-03-26Listing removed$410,000
2025-02-09Price change$5,263,000
2025-01-25Price change$410,000
2024-12-06Listed for sale$420,000

For Sale by Agent

AgentWENDI GECHTER
BrokerageBOA SALES GROUP

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