Price Reduction - Seller Financing
Address
1645 Pine Street, Norwood, CO
Price
$ 598,000
Property Attributes
  • MLS#44516
  • TypeSingle Family
  • Listing Status Active
  • CountySAN MIGUEL
  • CityNorwood
  • AreaNorwood-Redvale
  • NeighborhoodHomestead of Shining Mountains
  • Zip81423
  • StyleContemporary
  • Year Built2022
  • Taxes$ 3345
  • Price$ 598,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1570
  • Lot Size0.25 Acres
Data Source:
Telluride MLS (TRIDEMLS)
Property Description

4.5% SELLER FINANCING AVAILABLE: Unmatched versatility meets rare affordability at this modern compound built in 2022, featuring a sleek 2BR/1BA main home (920 sq ft) plus a detached 650 sq ft ADU above a 2-car garage. The owner is offering incredible seller financing at just 4.5% with an ample cash down payment! For local families, pairing a 4.5% rate with the $1,100/mo ADU income drastically drops your monthly mortgage below standard market rates. For regional employers and contractors powering regional projects, bypass bank delays and lock in turnkey housing for your crew just 45 minutes from Telluride. Set on a 0.25-acre lot with modern finishes and move-in ready, this is Norwood's best value play. Beat rising rates and secure a multi-unit asset built for today's market. Whether you're housing your family or your workforce, 1645 and 1647 Pine are the highest-value move in the region.

Price History
5/26/2026 Listed $720,000
6/30/2026 3$699,000
8/12/2026 15$599,000
9/11/2026 1$598,000

General Features

Sewer Septic Tank
Heating Electric,Natural Gas,Other
Utilities Phone Available
Architectural Style Contemporary
Construction Materials Wood (Painted),Frame
Year Built 2022
Property Subtype Within Township/City Limits
Tax Year 2025
Parcel Number R2010040004
County San Miguel County
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Homestead of Shining Mountains
Garage Y/N Yes
Other Structures Guest House,Shed(s)
Total Rooms 8
Full Baths 2
Status Active
Directions Take Highway 145 and turn Left toward Norwood. Drive approximately 17 miles,then turn left onto Pine Street,right onto San Miguel Street,and left again onto Pine. The home is on the left.
City Norwood
MLS Area Norwood/Redvale (Major Area 50)
Lot Size Square Feet 10890.0
Carport Y/N No
Tax Annual Amount 3345.57
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor Norwood/Redvale (Major Area 50)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No
Senior Community None
Unit 1647
Water Body Access Y/N None

Interior Features

Basement Unfinished,Crawl Space
Fireplace Features Gas Log
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 3
Total Baths 2

Exterior Features

Fencing Fenced
Parking Features Heated Garage
Water Source Public
Lot Size Area 0.25
Spa No
Lot Size Acres 0.25
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

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 81423

Price
AVG $1.03M
$600K
Taxes
AVG $3,720
$3,345
Year Built
AVG 1987
2022
Visits
AVG 20
74
Data Provided by Inside Real Estate®