Price Reduction - Views
Address
389 Mount Elbert Dr, Twin Lakes, CO
Price
$ 899,000
Property Attributes
- MLS#2905720
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityTwin Lakes
- NeighborhoodPan Ark
- Zip81251
- StyleSingle Family Residence
- Year Built2008
- Taxes$ 3772
- Price$ 899,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2031
- Lot Size3.92 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description
Discover true mountain living at this custom-built sanctuary designed by its architect first owner. Nestled on 3.92 acres, spanning 8 contiguous lots this property offers a rare combination of rustic charm and modern efficiency. Featuring 2,031 square feet of total living space divided between a stunning main chalet and a private guest cottage. The 3-level main cabin greets you with soaring tongue-and-groove ceilings, a walk-out basement, and expansive wrap-around Trex decks framed by massive Douglas Fir columns. Recent modern updates include beautifully remodeled custom kitchen cabinetry, premium stainless appliances, and two refreshed bathrooms. After a day of mountain adventures, unwind in the Wi-Fi-controlled Harvia Redwood sauna located perfectly under the covered deck. Above the heated, finished and insulated 2-car garage sits a spacious 1-bedroom, 1-bathroom guest cottage complete with a wet bar-ideal for hosting guests. The property boasts, split-log siding, standing seam Class 4 impact-resistant metal roofs, and ultra-efficient Steffes Electric Thermal Storage heating systems. Practicality meets luxury with 10+ years of firewood ready in the detached woodshed and on the property, a lockable wine closet, overhead kayak storage, and year-round road maintenance provided by the Pan Ark Estates Metro District. A rare bonus: the sale includes a highly valuable additional Mount Elbert Water Association certificate for future use. Experience ultimate Colorado privacy with all the comforts of home.
| Elementary School | Middle School | High School |
|---|---|---|
| Pitts Elementary School | Lake County Middle School | Lake County High School |
| Price History | |
|---|---|
| 8/11/2026 | Listed $925,000 |
| 9/25/2026 | 3$899,000 |
General Features
| Living Area | 2031 |
|---|---|
| Sewer | Septic Tank |
| Heating | Wood Stove,Electronic Air Filter |
| Cooling | Ceiling Fan(s) |
| Utilities | Electricity Available,Propane |
| Roof | Metal |
| Garage Spaces | 2 |
| Patio/Porch Features | Patio,Deck |
| Construction Materials | Frame,Wood Siding |
| Exclusions | Sellers personal property |
| Year Built | 2008 |
| View | Mountain(s),Hills |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Pan Ark |
| Status | Active |
| High School | Lake County |
| City | Twin Lakes |
| High School District | Lake County RE-1 |
| MLS Area | Out of Area |
| Elementary School | Pitts |
| Property Attached Y/N | No |
| Tax Annual Amount | 3772 |
| Middle/Junior High School | Lake County |
| Standard Status | Active |
| Expected Active Date | 2026-08-14 |
| AttributionContact | jp@8z.com,303-887-9887 |
Interior Features
| Basement | Slab |
|---|---|
| Above Grade Finished Area | 2031 |
| 3/4 Baths | 3 |
| Total Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
Exterior Features
| Parking Features | Detached |
|---|---|
| Lot Features | Deciduous Trees,Outbuildings |
| Lot Size Area | 170755 |
| Lot Size Acres | 3.92 |
| Road Surface Type | Dirt |
| Waterfront Y/N | No |
| Road Frontage Type | Privately Maintained |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 81251
Price
Taxes
Year Built
Visits
Information deemed reliable but not guaranteed by the MLS. © 2026 Information and Real Estate Services, LLC.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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