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8508 Simla Way, Lone Tree, CO, 80124

--beds
0baths
--sqft
$1,399,900
--price/sqft
$8,621/moest. monthly cost
$344,840/yrincome needed

About This Home

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

8/10
6/10
Ranch View Middle SchoolGrades 7-83.8 mi
9/10
Thunderridge High SchoolGrades 9-124.1 mi

Construction

Condition

  • Property condition: Now Selling

Other

  • Builder name: Other

Type & Style

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

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

  • Wildfire
    WildfireVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Hail
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Colorado Counties

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 $7,078$84,936
Home Insurance *$693$8,316
Property Taxes $664$7,968
Electricity $186$2,232
Total$8,621$103,452
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$295,577/yr
40% on housing$258,630/yr
45% on housing$229,893/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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 80124$241
Douglas County$244

vs Homes Sold Last Month

Median $/sqft

ZIP 80124$247
Douglas County$230

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
2026-06-05Listed for sale$1,399,900

For Sale by Agent

AgentEmilia Mandarich
BrokerageLion Residential Group LLC

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