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Located in lower Placer Valley, just 15 miles south of the World Class Ski Resort Town of Breckenridge, this move-in-ready mountain retreat is situated beneath some of Colorado's renowned 14ers, with Mt. Bross, Mt. Lincoln, and Mt. Democrat rising just to the west. Step inside to a welcoming great room where large windows fill the space with natural light and a wood stove adds warmth on chilly Colorado evenings. The spacious, open kitchen and dining area make gathering with family and friends a breeze. This 3-bedroom, 2-bath home offers a well-designed layout with inviting living areas, a convenient drop zone for everyday gear, and walk-in closets in both upper-level bedrooms for excellent storage. An oversized garage provides shelter for vehicles while leaving plenty of room for mountain toys, equipment, or a dedicated workshop. Recent improvements include exterior paint (2026), main-level LVP flooring (2026), a new garage roof and gutters (2024), water heater (2023), updated electrical panels and EV charging station (2021), plus kitchen and main-level bathroom remodels (2021). Perfectly suited for days spent outdoors, recreation is close at hand, with the Middle Fork of the South Platte River and Colorado State Lands just a short walk across the road. Nearby trails provide opportunities for cross-country skiing, biking, hiking, and four-wheeling throughout the seasons. After a day exploring the high country, unwind in the covered hot tub or enjoy the surrounding scenery from the spacious front deck. A backyard shed provides additional storage for gear and equipment. Whether you're looking for a full-time residence, a weekend getaway, or an investment property, this Placer Valley home offers a welcoming base for enjoying all that Colorado's high country has to offer.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1994
  • 1.06 Acre Lot
  • $40/yr HOA
  • 3 Car Garage
  • 51 days on Market

  • Bedrooms
    3
  • Bathrooms
    1
  • Year Built
    1994
  • Construction Materials
    Wood Siding, Frame
  • Foundation
    Slab
  • Garage Spaces
    3.0
  • Living Area
    1520.0
  • Interior Features
    Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Granite Counters, High Ceilings, Entrance Foyer
  • Appliances
    Dishwasher, Microwave, Refrigerator, Range, Disposal, Gas Water Heater
  • Patio And Porch
    Front Porch
  • Cooling
    Ceiling Fan(s), None
  • Heating
    Natural Gas, Radiant, Wood Stove

  • Acres
    1.06
  • Lot Features
    Meadow
  • View
    Mountain(s), Valley, Water, Meadow
  • Utilities
    Natural Gas Available, Natural Gas Connected, Electricity Connected
  • Water
    Private, Well

  • County
    Park
  • City
    Alma
  • Neighborhood
    Placer Valley
  • Zip Code
    80420
  • High School
    South Park
  • Middle School
    South Park
  • Elementary School
    Edith Teter

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Frequently Asked Questions

How do I schedule a tour of 1881 River Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1881 River Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1881 River Dr?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 1 bath, listed for $779,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Alma, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1881 River Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1881 River Dr at around $4,705. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1881 River Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Park County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1881 River Dr?

In most cases, yes. Whether 1881 River Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alma's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1881 River Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Alma and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $779,000 with 1,520 sqft of space—that comes out to approximately $513 per square foot.

How long has this property been on the market?

1881 River Dr was listed on September 21, 2026, which means it's been on the market for 51 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1994, making it approximately 32 years old.

What is the lot size of this property?

1881 River Dr sits on a 1.06-acre lot, which is 46,174 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Edith Teter
  • Middle: South Park
  • High: South Park

Want to see how these schools compare? Check out our Park County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1881 River Dr?

The most recent public record shows annual property taxes for 1881 River Dr were approximately $3,258. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $40 paid annually.

Is 1881 River Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.

Last Updated: November 11, 2026 at 03:02AM | Source: REcolorado | MLS#: 6100212