Selected for the Terner Labs Housing Venture Lab

4805 Blue Spruce Road, Evergreen, CO 80439

Active
Listed 83 days ago
Owner-Occupant Eligible
$1,050,000

About $4,116 a month to live here, after the rent from the other home.

House + ADU2,006 sqft4 beds3 bathsListed Aug 21, 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

$4,116a month

The second home on the lot rents for $2,000. We hold back $390 of that for repairs and an empty month, and the rest goes toward a $5,726 monthly payment.

Income to qualify: about $142,000 a year

With how much down?

At 20% down ($210,000) 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 $137,000 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.

$31,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

As you step through the front door you are greeted by expansive ceilings and a true mountain living room with fireplace, natural light and cozy comfort you can't find in a new build. From here, you flow naturally into the kitchen.. bright, functional, and designed for everyday life. Its layout encourages movement and conversation, whether you’re cooking, helping with homework at the new kitchen island, or hosting friends after a walk back from Evergreen Lake. The proximity to downtown and the lake becomes part of the rhythm of the home; everything is close, easy, and accessible. The main-level bedrooms offer comfort and privacy. The primary suite, especially, feels like a retreat, quiet, grounded, filled with soft natural light, gorgeous en-suite, and a private deck. It’s a space that invites rest after long days spent outdoors or exploring town. When you head downstairs, the home reveals one of its most versatile features. The lower level lives like a fully independent suite, complete with its own entrance, full bathroom, laundry, kitchen and generous living space. But instead of emphasizing separation, it feels like an extension of the home, perfect for multigenerational living, long-term guests, teens wanting their own space, or a dedicated office or studio. It’s flexible in the ways families actually need! Stepping outside, you get multiple decks, a hot tub, and plenty of yard space to enjoy. Your new neighbors are welcoming, plan activities, and embrace the outdoor spirit. With a Blue Spruce address you have exclusive access to the lake being able to launch from the shore. The lifestyle here becomes all about paddleboarding at sunrise, ice skating and cross country skiing, miles of trails for hiking or simply enjoying the water just steps from home. 4805 Blue Spruce is a home that carries Evergreen’s history in its details and today’s comfort in its updates, all wrapped in one of the most walkable, coveted neighborhood lake-side locations in town.

House + ADU

Property Type

11,326 sqft

Lot Size

1937

Year Built

Listing Date: 08/21/2026

Listed by: Matthew Wahl

Listing office: HomeSmart

Contact: 720-416-7638

Source: REcolorado #6069791

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%
$1,050,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,050,000
Your Down Payment$210,000
Financed$840,000
Estimated Monthly Payment$5,726

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 ($210,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$5,726/month
Principal + Interest
$5,036
Property Taxes
$315
Home Insurance
$375
Rental Income (1 Unit)
$2,000/month

From the listing description.

Rental Expenses
-$390
Cost to live here
$4,116/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# 6069791 · Listing office: HomeSmart

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