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37025 State Highway 24, Matheson, CO, 80830

2beds
1baths
1,054sqft
$244,000
$231price/sqft
$1,604/moest. monthly cost
$64,160/yrincome needed

About This Home

Welcome to this beautifully reconstructed 2-bedroom, 1-bath home in the heart of Matheson, Colorado. Originally built in 1936, this home was completely renovated in 2026, offering the charm of a classic home with the peace of mind of virtually everything being brand new. Updates include the roof, windows, siding, flooring, kitchen, bathroom, fixtures, plumbing, HVAC system, septic system, and more. Inside, you'll find a spacious living room, a large tiled mudroom, and an inviting eat-in kitchen featuring a center island, granite countertops, white shaker cabinetry, stainless steel appliances, and durable laminate wood flooring. The full bathroom has been beautifully updated with tile flooring and a tiled tub/shower combination. A brand-new washer and dryer are included, along with all kitchen appliances. Situated on a 0.11-acre lot, this home is equipped with an energy-efficient heat pump and central air for year-round comfort. Enjoy the quiet, small-town lifestyle of Matheson while maintaining convenient access to Limon and Colorado Springs for work, shopping, dining, and entertainment. Move-in ready and thoughtfully rebuilt from top to bottom, this is a rare opportunity to own a like-new home in a welcoming rural community.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

8/10
Simla Elementary SchoolGrades PK-56.5 mi
6/10
Simla Junior High SchoolGrades 6-86.5 mi
6/10
Simla High SchoolGrades 9-126.5 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1936

Materials

  • Roof: Composite Shingle
  • Construction materials: Fiber Cement,Framed on Lot

Type & Style

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

Interior

Appliances

  • Appliances included: 220v in Kitchen,Cooktop,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

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

Features

  • Flooring: Carpet,Ceramic Tile,Wood Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,054

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,054
  • Total interior livable area: 1,054 sqft

Other

  • Level: Main

Property

Lot

  • Lot size: 4,878 sqft
  • Features: Corner Lot,Level,Wooded

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

  • Hail
    HailVery High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Wildfire
Winter Weather
Cold Wave
Drought
Inland Flooding
Lightning
Strong Wind
Tornado

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 $1,233$14,796
Home Insurance *$90$1,080
Property Taxes $95$1,140
Electricity $186$2,232
Total$1,604$19,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,994/yr
40% on housing$48,120/yr
45% on housing$42,773/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: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 80830$121
Elbert County$311

vs Homes Sold Last Month

Median $/sqft

ZIP 80830$286
Elbert County$252

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$244,000

For Sale by Agent

AgentJonathan Coyle
BrokerageLoKation

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