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540 Ore House Plz #201, Steamboat Springs, CO, 80487

3beds
3baths
1,220sqft
$875,000
$717price/sqft
$5,007/moest. monthly cost
$200,280/yrincome needed

About This Home

A fantastic mountain condo! This 3 bedroom, 3 bathroom, 1,220 SF, multi-level Pines Condo can comfortably sleep 8+ people. Turn-key condo is fully furnished, is located within the Green Zone and is currently a Short Term Rental with great rental history. The property is tastefully decorated and has a welcoming living room with vaulted ceilings, captivating ski resort views, and a fireplace to keep you toasty warm. The fully stocked kitchen has everything you need for your stay and has a breakfast bar and dining area for entertaining. The primary bedroom has a king size bed and a private, fully updated, ensuite bathroom. The second downstairs bedroom has a queen bed and has an updated bathroom across the hall. Upstairs you will find a lofted den providing extra space to hang, a bunk room and a third full bathroom. The unit is complete with a deck looking out at the resort, a washer and dryer and several storage closets. The Pines includes access to two outdoor hot tubs with heated changing rooms, a outdoor gazebo, and it sits along the free city bus route, so getting to and from downtown or the resort is a breeze. Plus it is a quick walk to grocery stores, restaurants and ski rental shops. The Pines would make the perfect mountain getaway, primary residence or revenue producing investment.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1981

Materials

  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Dryer,Washer
  • Laundry features: In Unit

Bathroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Den

  • Level: Upper

Dining Room

  • Level: Main

Features

  • Fireplace,See Remarks,Vaulted Ceiling(s)
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating

  • Heating features: Baseboard,Electric

Interior Area

  • Total interior livable area: 1,220 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: R4256972
  • Zoning description: Multi-Family
  • Exclusions: No

Features

  • Levels: Two,Multi/Split
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 4,421 sqft
  • Features: Near Public Transit

Parking

  • Parking features: Parking Lot,Unassigned

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
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Inland Flooding
Lightning
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 $4,424$53,088
Home Insurance *$193$2,316
Property Taxes $204$2,448
Electricity $186$2,232
Total$5,007$60,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$171,668/yr
40% on housing$150,210/yr
45% on housing$133,520/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: 17.0%
17.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$717This listing

vs Other Active Listings

Avg $/sqft

ZIP 80487$871
Routt County$782

vs Homes Sold Last Month

Median $/sqft

ZIP 80487$703
Routt County$532

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
2026-04-03Listed for sale$895,000
2008-05-17Listing removed$269,200
2008-05-08Price change$355,000
2008-04-25Price change$289,000
2008-03-20Price change$269,200
2008-02-29Listed for sale$279,400
2008-02-14Listing removed$279,900
2008-02-02Listed for sale$279,900

For Sale by Agent

AgentCheryl Foote
BrokerageCompass

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