1200 3rd St, Paonia, Colorado

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Added On:06/08/2026
Last Updated:07/07/2026
Income generating home with solar annuity and rental
$888,000Asking Price (USD)
$174,392Annual Property Tax
1,593Square Feet
3 / 2Beds / Baths
30492 sq ftLot Size
2018Year Built
$129Annual Power Consumption
Single Family HomeProperty Type

Listing ID : 27669

Property Description

Brighten up in this small, green built & sustainable solar community that consists of 10 small homes & one duplex. This is the only duplex in the community & BOTH UNITS are being offered together in this sale, so you are essentially buying two homes in one, making this an incredible opportunity to either spread out on both levels or rent out one half. The main level has two bedrooms, one bath, & a bright & airy living area that opens out onto the patio & lawn. The upper level has a full length deck with a shade awning, one bedroom, one bath & a bonus office area. Not only does the home have rental potential, it generates about $2200 a year in power from the solar panels, this is an annuity that pays more than the HOA fees. The home has been designed top to bottom with custom high end finishes and very tight sustainable innovations, there are too many to list, but some highlights include; high insulating stucco walls, radiant in-floor heat & towel driers, Bosch appliances, custom solid wood cabinetry, custom solid wood doors, hand made tiles by local artisans, a low maintenance German engineered pellet furnace heating system & high efficiency windows. Common amenities include a large solar array, an ev charging station, water wise landscaping & fruit trees, shares in irrigation water, a community garden & a common use house that includes a multi-purpose event space with kitchen & wood fired bread oven for social gatherings & a guest space for visiting family & friends. This ideally located duplex is literally steps from Jumbo Mountain hiking & mountain biking trails, Apple Valley Park, pickleball courts & tennis. Located in the heart of Paonia, an eclectic & community minded small town nestled at the foot of the West Elk Mountains, known for its orchards & farm to table restaurants.

Home Energy Evaluation

Glazing: N/A

Installed Appliances:
  1. High Efficiency Furnace was installed in 2014

Air Sealed: No

Energy-Star Appliances: Refrigerator, Stove, Clothes Washing Machine, Clothes Dryer, Dishwasher

Tankless Water Heater Installed: No


Energy Cost Breakdown

Gas$0
OtherValue: $0 Description: this home generates around $2200 a year in power from the solar panels, this is an annuity that pays more than the HOA fees

Mortgage Calculator

Purchase Price ($)Down Payment
%
Loan Amount
$710,400
Annual Interest Rate
%
Loan Term (years)
Estimated Monthly Mortgage Payment
$4,443.59

Listing ID : 27669