Selected for the Terner Labs Housing Venture Lab

860 Elk Rest Road, Evergreen, CO 80439

Active
Listed 84 days ago
Owner-Occupant Eligible
$1,339,000

About $6,314 a month to live here, after the rent from the other home.

House + ADU5,306 sqft5 beds5 bathsListed Aug 20, 2026

A house with a second home on the lot. Live in one and rent out the other. How it works

Live here for about

$6,314a month

The second home on the lot rents for $2,000. We hold back $300 of that for repairs and an empty month, and the rest goes toward a $8,014 monthly payment.

Income to qualify: about $201,000 a year

With how much down?

At 20% down ($267,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $175,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$40,170 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

SELLER TO CONTRIBUTE UP TO $20,000 TOWARD A RATE BUYDOWN OR BUYER CLOSING COSTS WITH AN ACCEPTABLE OFFER. Exceptional luxury mountain contemporary in Elk Rest Meadows, one of North Evergreen’s most desirable neighborhoods. Offering mountain views and a finished walk-out lower level, this refined Colorado residence combines sophisticated interiors, versatile living spaces and an exceptional location. A dramatic two-story entry opens to formal living and dining rooms and an impressive family room with gas fireplace. Rich hardwood floors and oversized windows fill the main level with natural light while framing the mountain setting. The gourmet kitchen features custom granite, extensive cabinetry, 5-burner gas cooktop, stainless steel appliances, pantry and expansive island, with a bay-windowed dining area connecting to the outdoors. A private main-level office with walk-in closet and French doors offers flexibility as a home office or sixth bedroom. Upstairs, the luxurious primary suite features mountain views, walk-in closets and a five-piece bath with dual vanities and soaking tub. Three additional bedrooms include two connected by a Jack-and-Jill bath and a fourth with its own en-suite bath. The finished walk-out lower level provides exceptional flexibility for guests or multi-generational living, with a private bedroom, full bath, office nook, kitchenette, media/theater room and fitness area opening to the landscaped grounds. Outdoor living shines on the covered southwest-facing deck with gas grill hookups and abundant afternoon and evening sunshine. Professionally landscaped grounds feature a charming pond and waterfall plus a third deck/patio area creating a private Colorado retreat. Ideally located near parks, trails and bike paths, with convenient access to Downtown Evergreen, restaurants, I-70, Denver, skiing and the High Country. A rare combination of mountain views, luxury finishes and flexible living spaces.

House + ADU

Property Type

9,845 sqft

Lot Size

2013

Year Built

Listing Date: 08/20/2026

Listed by: Jonathan Danton

Listing office: LIV Sotheby's International Realty

Contact: 720-403-1587

Source: REcolorado #3225155

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$1,339,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,339,000
Your Down Payment$267,800
Financed$1,071,200
Estimated Monthly Payment$8,014

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($267,800) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$8,014/month
Principal + Interest
$6,422
Property Taxes
$638
Home Insurance
$784
HOA$170
Rental Income (1 Unit)
$2,000/month

From the listing description.

Rental Expenses
-$300
Cost to live here
$6,314/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 3225155 · Listing office: LIV Sotheby's International Realty

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