15632 Ray
VA Assumable
2.74% Rate
50 photos
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15632 Ray

Larkspur, CO 80118

3
Bedrooms
2
Bathrooms
1,848
Sq Ft

Payment Calculator

$5,556per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$47,500
$47,500$566,116
Secondary Financing8.5% Rate
$518,616
Blended rate6.05% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$5,704/mo
Assumable @ 2.74% + gap
$5,556/mo
$148less per month
$148
per month
$1,775
per year
$53,257
over 30 years

🏦 Loan Details

List Price
$950,000
Assumable Rate
2.74%
Remaining Balance
$384,774
Loan Type
VA
Est. Equity Gap
$566,116
Annual Taxes
$2,681

About This Home

Tucked into the natural beauty of Bald Mountain Estates in Larkspur, this luxury cabin on a one-acre treed property offers a rare blend of privacy, character, and thoughtful upgrades. An extensive remodel creates a move-in ready experience with all new flooring, solid core doors, new windows, and new sliding glass door, along with updated electrical throughout. The kitchen has been completely remodeled with new hickory cabinets, brand new granite countertops, a farmhouse sink, recessed can lighting, all new stainless steel appliances, and pot rack, blending functionality with rustic style. The master bedroom offers a private retreat with its own adjoining bath, walk-in closet, and convenient laundry access. Vaulted ceilings and openable skylights bring in natural light, while a wood burning fireplace anchors the living space with warmth and character. Surrounded by mature pine, aspen, scrub oak, lilacs, moss rock outcroppings, and a peaceful meadow setting, the property feels like your own private retreat while still being conveniently located near Spruce Mountain Open Space, Palmer Lake Regional Recreation Area and Reservoir. The fully enclosed backyard provides security and flexibility, complemented by a shed, easy access cattle gate, and large concrete patio! The east side of the property features a peaceful meadow, multiple outbuildings, and RV parking. The property offers unique touches like mountain views, an antique beet wagon and plow implements which add authentic Colorado charm. The home is serviced by a private well and septic system, enhancing both independence and efficiency. Additional improvements include a tankless water heater, new concrete patio, and a heated mud-room entry with tile for year-round practicality. The garage features a new insulated door, storage racks, and attic storage, providing ample space for organization. This property delivers the ideal balance of modern upgrades and usable land that truly captures the Colorado lifestyle.

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$950,000
2.74% rateVASave $3,935/mo

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