389 Mount Elbert Drive Twin Lakes, CO $ 925,000
389 Mount Elbert Drive
$ 925,000
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389 Mount Elbert Drive

Twin Lakes, CO, 81251
$ 925,000
Bedrooms3 Baths3.0 Sq 2,031

Monthly Estimate*

$ 5,841

Listed by 8z Real Estate
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Single Family Home for sale in Twin Lakes, CO

for $925,000 with 3 bedrooms and 3 full baths. This 2,031 square foot home was built in 2008 on a lot size of 3.92.

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.

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Single Family Active

Price

$ 925,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 3,772

Style

House

Lot Size

3.92

Year Built

2008

Town/City

Twin Lakes

County/Region

Lake

MLS | Web ID

2905720

Features
Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Tile
Basement (Y/N) N
Above Grade Finished Area 2031
Half Baths 0
1/4 Baths 0
3/4 Baths 3
Total Bedrooms 3
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 3
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General
Sewer Septic Tank
Heating Electric Wood Stove
Cooling None
Utilities Electricity Connected Internet Access (Wired) Phone Available Propane
Possession Closing/DOD
Roof Metal
Garage Spaces 2
Patio/Porch Features Deck Wrap Around
Construction Materials Frame Wood Siding
Exclusions Sellers personal property
Year Built 2008
Electric 110V 220 Volts
View Mountain(s) Valley
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Lake
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Pan Ark
Full Baths 0
Status Active
High School Lake County
City Twin Lakes
Senior Community Y/N N
High School District Lake County R-1
Lot Size Units Acres
Lot Size Square Feet 170755.2
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional VA Loan
Elementary School Pitts
Tax Annual Amount 3772
Middle/Junior High School Lake County
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Lake County R-1
Elementary School District Lake County R-1
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Exterior
Fencing None
Parking Features Unpaved
Lot Features Many Trees Mountainous
Water Source Private
Total Parking 2
Lot Size Area 3.92
Foundation Details Slab
Building Area Total 2031
Lot Size Acres 3.92
Road Frontage Type Public
Road Responsibility Private Maintained Road
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Internal Only
Street Number 1 389
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* Excluded Features
List By
8Z Real Estate

Broker

(303) 887-9887

Phone

Affordability Calculator

$6,155
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,841
Monthly Property Taxes
$314
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043868 Elementary School
910979 Middle School
Lake County High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$925,000 Listed Price

Map


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389 Mount Elbert Drive, Twin Lakes, CO, 81251 is a Single Family Home for sale at $925,000 with 2,031 sqft and a lot size of 3.92. 389 Mount Elbert Drive has 3 bedrooms, 3.0 baths, and was built in 2008. The property's zip code is 81251 which is in Twin Lakes, CO