Home for Sale at 21261 Broadview Road, Nathrop, CO 81236

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21261 Broadview Road
Nathrop, CO 81236

Daniel Roberts with Worth Clark Realty, original listing - (800) 991-6092

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Property Details

List Price:	$6,900,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	4418 Square Feet
Agency:	Worth Clark Realty
Agency Phone:	(800) 991-6092

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Description/Comments

Lot Size:	22 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2024
Notes:	Magnificent Masterpiece! This Stunning Three Level Mansion is an achievement of building the most efficient design with the highest quality materials and systems. This house is new and has not been lived in yet. The main floor has a large Great Room with un-obstructed Views of Mount Princeton, The Chalk Cliffs and Mount Antero. The kitchen is open with fully vented hood over the island cooktop, pull out drawer deep freezer, Quartz Countertops, Maplewood Cabinets and Maplewood floors throughout. There is a MovieRoom that is insulated for sound reduction and wired for the highest quality of speakers and electronics. This house has in floor radiant heat through out, on demand hot water, large bathtubs that fill quickly with high water pressure, Steam Showers in Master Bathrooms, Remote Controlled Window Coverings in all rooms with the large and very tall windows.The main level has a large wrap around deck. Lower level has a large Game Room with kitchen, Master Bedroom and Bathroom, Covered Patio with Outdoor Kitchen, sink and countertops. Central Vacuum in every room. Every room of the house is wired for TV and communications. Hot Tub Patio is very private with huge views of the mountains. Each Garage is finished and heated with laundry/mud room containing Sinks, Pneumatic Air for tools, laundry machines and EV Chargers. From the ground up this house is truly a remarkable building on a one of a kind location. 22.1 acres on the south side of Chalk Creek near the Mount Princeton Hot Springs Resort on a cul-de-sac road. This property contains three lots that the other two lots can still be built on.
MlsNumber:	--
ListingId:	2212295

Listing Provided By:	Worth Clark Realty, original listing
Phone:	(719) 221-2233
Office Phone:	(800) 991-6092
Agent Name:	Daniel Roberts
Disclaimer:	Copyright © 2025 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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