2300 Lodge Pole Cir #101 · Silverthorne, CO 80498

$58,000

2 bd · 1.0 ba · 758 sqft · Condo public records · 224 Days on market

Built 1975 $300/mo HOA · 11% of rent ↓ 24% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.7/5.0
• Schools +3.2/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Own 20% shared interest in a mountain condo in Silverthorne, Colorado—a smart way to enjoy 9–10 weeks per year in the heart of Summit County at a fraction of the cost. Located in the Treehouse community, this property offers a range of amenities, including swimming pools, hot tubs, and a game room, making it perfect for year-round enjoyment. A free Summit Stage bus stop nearby provides effortless access throughout the county, including world-class alpine skiing at Keystone, Breckenridge, Copper Mountain, and Arapahoe Basin—no parking hassles required. This is mountain ownership made easy: lower costs, prime access, and all the lifestyle perks without full-time maintenance or expense.

Key facts

• Indoor pools
• Racquetball
• Sauna

Tags

• HIKING AND BIKING TRAILS
• INDOOR POOLS
• HOT TUBS
• SAUNA
• FITNESS ROOM
• RACQUETBALL

Property features AI

Finance

• Other: Pets allowed only for owner; Near public transit and near ski area; Paved public, year-round road maintained by public
• Financial info: One unit in the building
• HOA & community: Treehouse HOA, professionally managed; Monthly HOA fee of $300; HOA covers electricity, gas, heat, internet, grounds and structure maintenance, sewer, snow removal, trash, and water; Community amenities include clubhouse, coin laundry, fitness center, parking, playground, pool, sauna, spa/hot tub, and tennis courts

Exterior

• Parking: 3 parking spaces (off-street, asphalt)
• Utilities: Public water; Community sewer; Electricity connected (110V); Wired internet available; Cable available
• Home design: Residential mid-rise condominium (4–7 stories); One level, entry level 1; Property is attached with 2+ common walls; Owned by corporation/trust
• Construction: Frame construction; Composition roof
• Exterior features: Balcony; Covered deck/patio

Interior

• Kitchen: Dishwasher; Microwave; Range; Range hood; Refrigerator
• Bedrooms: 2 bedrooms on the main level; Primary suite with larger bedroom and bathroom vanity
• Flooring: Carpet; Laminate
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Baseboard heating; Hot water heating
• Interior features: Eat-in kitchen; High-speed internet; Laminate counters; No stairs; Pantry; Double-pane windows; Gas fireplace insert with gas log
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $58k.

Deal economics

• At list price, monthly cash flow is $1k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $58k).
• Recommended offer: $51k (12.0% below list) — sets the bar for market timing.
• Cap rate 36.7% vs local median 1.1% in Silverthorne — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 73/100 on livability (#51 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, crime A-; Watch: amenities D+, cost of living F.
• Summit School District No. RE-1 (rural): math 27% / reading 43% proficiency, ranked #35 of 86 in CO (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Silverthorne Elementary School (math 5% / reading 12%, grade F, #922 of 966 statewide, top 97%, 342 students, 54% FRL); Summit Middle School (math 24% / reading 38%, grade F, #126 of 270 statewide, top 46%, 764 students, 38% FRL); Summit High School (math 37% / reading 62%, grade D, #115 of 381 statewide, top 34%, 1,132 students, 29% FRL).
• Market conditions: Rents flat; 314 active listings in the ZIP; solid renter incomes; 308 units permitted in Summit County in 2024 (123 in 5+ unit buildings).
• This rent runs 32% of the median local income ($106k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $401 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Summit County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 0.9% rent growth), your $16k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 224 days — a 12% lower offer ($51k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 4y ago; this cycle's ask has dropped $10k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price.

Recommended offer $51,040 (12.0% below list)

Questions for the listing agent

1. It's been on market 224 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 4.85% ✓
• Cap rate: 36.75%
• Cash-on-cash: 108.76%
• DSCR: 5.84
• GRM: 1.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.88% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 5.85×
• Total profit: $78,733
• Equity at exit: $8,648

10-year hold

• IRR: —
• Equity multiple: 11.30×
• Total profit: $167,220
• Equity at exit: $5,015

Cash invested: $16,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 80498

• Rents YoY: 0.9%
• Active inventory: 314
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $2,812 medium
• Mortgage (P&I): −$304
• Tax from tax record: −$121 /mo · $1,452/yr
• Insurance: −$24
• HOA: −$300
• Vacancy / Maint / Mgmt: −$590
• Net cashflow: $1,472

Break-even live

Break-even rent $948

Max offer price $58,000

Occupancy floor 43%

Sensitivity live

Price	-10% $1,505	-5% $1,488	+0% $1,472	+5% $1,456	+10% $1,439
Rent	-10% $1,250	-5% $1,361	+0% $1,472	+5% $1,583	+10% $1,694
Rate	-1.0pp $1,501	-0.5pp $1,487	base $1,472	+0.5pp $1,457	+1.0pp $1,442

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,500
• Closing costs: $1,740
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $300 · $3,600/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 28 events

1. 2026-06-21
   days on market $58,000 Active 224 DOM
2. 2026-06-19
   days on market $58,000 Active 222 DOM
3. 2026-06-18
   days on market $58,000 Active 221 DOM
4. 2026-06-17
   days on market $58,000 Active 220 DOM
5. 2026-06-16
   days on market $58,000 Active 219 DOM
6. 2026-06-15
   days on market $58,000 Active 218 DOM
7. 2026-06-14
   days on market $58,000 Active 216 DOM
8. 2026-06-12
   days on market $58,000 Active 215 DOM
9. 2026-06-09
   days on market $58,000 Active 212 DOM
10. 2026-06-08
    days on market $58,000 Active 211 DOM
11. 2026-06-07
    days on market $58,000 Active 210 DOM
12. 2026-06-05
    days on market $58,000 Active 207 DOM
13. 2026-06-02
    days on market $58,000 Active 205 DOM
14. 2026-06-01
    days on market $58,000 Active 204 DOM
15. 2026-05-31
    days on market $58,000 Active 203 DOM
16. 2026-05-30
    days on market $58,000 Active 202 DOM
17. 2025-12-13
    listed $68,000 Active 710-char remark

    Show marketing remark (710 chars)

    Own 20% shared interest in a mountain condo in Silverthorne, Colorado—a smart way to enjoy 9–10 weeks per year in the heart of Summit County at a fraction of the cost. Located in the Treehouse community, this property offers a range of amenities, including swimming pools, hot tubs, and a game room, making it perfect for year-round enjoyment. A free Summit Stage bus stop nearby provides effortless access throughout the county, including world-class alpine skiing at Keystone, Breckenridge, Copper Mountain, and Arapahoe Basin—no parking hassles required. This is mountain ownership made easy: lower costs, prime access, and all the lifestyle perks without full-time maintenance or expense.

18. 2025-11-10
    listed $68,000 Active 950-char remark

    Show marketing remark (950 chars)

    Why buy a Summit County condo only to try and rent it out part time to cover some expenses when you can just buy the part you want? This is an excellent opportunity to buy into a shared ski condo. 20% ownership gets 9-10 weeks use every year. Low monthly dues cover all your expenses. No hassle with renting. No damage from tenants. Plus you get to enjoy Thanksgiving & Xmas in the mountains in 2026!! This well cared for condo gives you just what you need to enjoy all Summit County has to offer without breaking the bank. Join this great group of owners now. Close to multiple ski areas, Nordic centers, golf courses, biking & hiking trails, Lake Dillon & Green Mtn Reservoir. No matter what you enjoy doing, this place fits the bill. Fully furnished and ready to go. Fantastic amenities include indoor pools, hot tubs, sauna, game room, fitness center, racquetball, tennis & more! Stop putting it off and let the fun begin!

19. 2025-11-09
    listed $68,000 Active
20. 2022-08-12
    soldstatus $68,000 Closed
21. 2022-08-12
    soldstatus $68,000 Sold
22. 2022-08-12
    soldstatus $68,000
23. 2022-07-26
    status Pending
24. 2022-07-25
    historical
25. 2022-07-12
    listed $70,000 Active
26. 2022-07-12
    listed $70,000
27. 2022-07-11
    listed $70,000
28. 1982-05-01
    soldstatus $90,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CO · Resets to sale price

• Current annual tax: $1,452 · $121/mo
• Projected year-2 tax: $1,452 · $121/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 1/10 Low 9 d/yr ≥80°F today · 26 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,740
• − Mortgage interest: −$3,249
• − Property taxes: −$1,452
• − Insurance: −$290
• − Repairs & maintenance: −$2,699
• − Management: −$2,699
• − HOA: −$3,600
• − Depreciation: −$1,687
• Taxable income: $18,064
• Est. tax owed @ 24.0%: −$4,335
• After-tax cash flow: $13,328/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Summit School District No. RE-1
• NCES district ID: 0806810
• Math proficiency: 27% ▼ -7.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $67,591
• Composite: 31.97/100
• National rank: #5840
• State rank: #35 of 86 in CO

Livability — Silverthorne

• Score: 73/100
• State rank: #51
• US rank: #5256

Category grades

Amenities D+ Commute A+ Cost of living F Crime A- Employment A+ Housing C Health & safety B+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Summit County · 31,352 people
• City population: 8,881
• Metro: Breckenridge, CO
• Population (ZIP): 8,881
• Household income: $105,897
• Rent vs Own: 26.2% rent · 73.8% own
• Severe rent burden: 228.0

Population outlook (Summit County) Hauer SSP2

• Today (2025): 35,421 people
• By 2030: 37,983 · +7.2%
• By 2040: 42,597 · +20.3%
• By 2050: 46,695 · +31.8%
• By 2075: 55,288 · +56.1%
• By 2100: 61,033 · +72.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 22% Two or more races 17%
• Hispanic origin (detail): Mexican 14% Cuban 1%
• Common ancestry: Slovak 2% Lithuanian 2% Scottish 2%
• Foreign-born: 12% · Canada, Jamaica
• Languages at home: 88% English-only · Spanish 11% Other Indo-European 1%

Political lean MEDSL · Summit

• 2024 margin: Solid D (+37.2) · D 67.0% · R 29.9% · Other 3.1%
• 2008→2024 swing: +4.1pp toward D · 2008: 33.0pp · 2024: 37.2pp
• All cycles: 2024: D+37.2 2020: D+39.5 2016: D+27.6 2012: D+24.4 2008: D+33.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -210.79%
• Current HPI: 332.0375
• Rent YoY: ▲ 0.88%
• Metro: Breckenridge, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

-24.4% since first listed

12 events — show timeline

• 2025-12-13 Listed $68,000 SAR
• 2025-11-10 Listed $68,000 SAR
• 2025-11-09 Listed $68,000 REColorado as Distributed by MLS Grid
• 2022-08-12 Sold (MLS) $68,000 SAR
• 2022-08-12 Sold (MLS) $68,000 IRES
• 2022-08-12 Sold (MLS) $68,000 REColorado as Distributed by MLS Grid
• 2022-07-26 Pending — REColorado as Distributed by MLS Grid
• 2022-07-25 Listing Removed — IRES
• 2022-07-12 Listed $70,000 IRES
• 2022-07-12 Listed $70,000 REColorado as Distributed by MLS Grid
• 2022-07-11 Listed $70,000 SAR
• 1982-05-01 Sold (Public Records) $90,000 Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,452 · -26.7% YoY. Source: county tax records.