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38340 Highway 24, Lake George, CO, 80827

1beds
1baths
910sqft
$350,000
$385price/sqft
$2,293/moest. monthly cost
$91,720/yrincome needed

About This Home

Nearly 10 acres situated in the heart of Lake George. This beautiful parcel has a little bit of everything...Views of Pikes Peak and Lake George, meadows and trees (Pines and Aspen), less than 20 minutes from Eleven Mile Canyon or Eleven Mile reservoir and the convenience of small town mountain community just a short walk away. An easy scenic drive to Cripple Creek and Victor. Located on the east edge next to Highway 24 is a 1941 cabin with one bedroom and one bath. Don't judge this little home from the exterior photos as the interior has had many updates. Home is serviced by the original well which was installed in 1941 before permits were issued. New owner will need to apply for a permit number. The septic was also installed in 1941 but seems to be working without issue. The possibilities for this parcel are endless. Build a new residence and barn and bring your horses along! Park County Assessor has indicated that they would be willing to consider additional uses for the land such as a KOA campground or RV park. A new survey is available upon request.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

4/10
6/10
Silverheels Middle SchoolGrades 6-838.4 mi
4/10
South Park High SchoolGrades 9-1238.4 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1941

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: Other,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 910

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 910
  • Total interior livable area: 910 sqft

Property

Features

  • Patio & porch: Wood Deck
  • Has view: Yes
  • View description: Panoramic,Mountain(s),View of Pikes Peak

Lot

  • Lot size: 11.56 Acres
  • Features: Meadow,Rural,Sloped,Wooded,No Landscaping

Parking

  • Parking features: Gravel Driveway

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
  • Hail
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Hail
Wildfire
Inland Flooding
Landslide
Strong Wind
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 $1,769$21,228
Home Insurance *$225$2,700
Property Taxes $113$1,356
Electricity $186$2,232
Total$2,293$27,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,617/yr
40% on housing$68,790/yr
45% on housing$61,146/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: 16.9%
16.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 80827$184
Park County$289

vs Homes Sold Last Month

Median $/sqft

ZIP 80827$550
Park County$325

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
2026-04-20Price change$450,000
2026-02-17Listed for sale$550,000

For Sale by Agent

AgentKari Simpson GRI SFR
BrokerageSprings Premier Brokerage LLC

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