Investment opportunity in Indian Hills! This charming 2-bedroom, 2-bathroom cabin on Taos Road is priced to sell and ready for a new owner to reimagine or invest. Featuring a brand-new roof, paved driveway, and detached 2-car garage with a third bay for workshop, gear storage, or studio use, this property offers practical amenities and expansion flexibility. Situated on nearly 1 acre of sloping land that reaches down to a serene creek, the lot delivers privacy, views, and plenty outdoor space - perfect for relaxation or adventuring. Whether you're a first-time buyer looking for a foothills nome or retreat or an investor seeking to build equity, this home provides the foundation for multiple strategies. The real bonus? The adjacent 2.2-acre vacant parcel along Parmalee Gulch is also available for purchase. Together, the two properties unlock exciting potential under MR-3 zoning. Options may include converting the main home to a duplex, constructing an additional duplex on the neighboring parcel, or developing a compound for rental, resale, or multigenerational living. Located just under 5 minutes from Hwy 285 and less than 10 minutes to C-470, the property offers quick access to the Denver Metro area, Red Rocks, and the mountains beyond. With dining and postal services a short walk away, this property balances rural charm and everyday convenience. Don't miss the chance to own a versatile foothills property with immediate livability and long-term upside. The possibilities here are as expansive as the land itself. Buyer to verify all information provided. Note that the adjacent land at 5411 Parmalee Gulch Road (MLS #4291430) and preference is to sell properties together.
Off market
$490,800
21037 Taos Rd, Indian Hills, CO 80454
2beds
1,219sqft
Single Family Residence
Built in 1950
-- sqft lot
$490,800 Zestimate®
$403/sqft
$2,494 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Source: BHHS broker feed,MLS#: 6817139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Appliances
- Included: Refrigerator
Interior area
- Total structure area: 1,219
- Total interior livable area: 1,219 sqft
Property
Features
- Patio & porch: Patio
Details
- Parcel number: 5016202015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Shake
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Indian Hills