Karen McCarthy - Coldwell Banker Distinctive Properties Logo
$548,000
 $2,942 est/mo Sourced by Back At You

1645 Pine Street, 1647,Norwood, CO 81423

Norwood, CO 81423

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Description

BELOW REPLACEMENT COST | 4.5% SELLER FINANCING Priced well below current replacement value, this 2022 contemporary compound pairs instant equity with unbeatable 4.5% owner-carry terms. Features a sleek 2BR/1BA main home (920 sq ft) plus a detached 650 sq ft ADU over a heated 2-car garage on 0.25 acres. Local Families: Apply the $1,100/mo ADU income toward your 4.5% financing to live in the main home, resulting in an effective principal & interest payment under $1,000/month. Employers/Contractors: Secure turnkey workforce housing only 45 minutes from Telluride. Bypass high bank rates, eliminate costly repairs, and capture an asset generating $2,950/mo in gross rental power. Nearly brand-new efficiency, zero deferred maintenance, and terms you will not find anywhere else in the region. Move-in ready.

Details

MLS #44516
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2022
Days On Site172
Listing Provided ByTelluride Properties | Mike Shimkonis

Features

Bed(s)3
Bath(s) 2 Total
BasementY
Acreage0.25

Parking

Parking FeaturesHeated Garage

Taxes

Tax Annual Amount3345.57

Area Information

StateCO
CountySan Miguel County
CityNorwood
Zip Code81423
AreaNorwood | Redvale
SubareaSan Miguel County
Community NameHomestead of Shining Mountains
Listing VS Median (in Homestead of Shining Mountains)
Price:
$548,000
low | high
Med:
$0
On site:
172
low | high
Med:
Sourced by Back At You

Market Activity 81423

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Contact

Learn More About This Property

Karen McCarthy

Karen McCarthy

Coldwell Banker Distinctive Prop

FA.100069976Global Luxury Certified (970) 946-0662km@karenmccarthy.net
StateCO
CountySan Miguel County
CityNorwood
Zip Code81423
AreaNorwood | Redvale
SubareaSan Miguel County
Community NameHomestead of Shining Mountains
Listing VS Median (in Homestead of Shining Mountains)
Price:
$548,000
low | high
Med:
$0
On site:
172
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $411K - $685K
sqft: 0 - 0
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Listing Updated: November 2, 2026 at 9:35:42 AM PST

Karen McCarthy - Coldwell Banker Distinctive Properties