For sale

$1,250,000

Est. $7,481/mo —

•

1,559

sq ft

407 Water St, Red Cliff, CO 81649

About this home

Arguably one of, if not the best river setting in all of Red Cliff. 1.5 Acres at the convergence of the Eagle River and Turkey Creek. This flat parcel extends over Eagle River abutting Town of Red Cliff open space land. Potential redevelopment opportunity or build your dream home on the Eagle River with incredible mountain views. An incredibly unique and potentially once in a lifetime opportunity. Topographical Map is available. No short-term rentals allowed in Red Cliff. Residential (R-1). This zone district is intended to provide for single-family and duplex residential development and home occupations while allowing for certain higher density residential uses and nonresidential uses as special review uses.

Single-familyProperty Type

1915Year Built

1.51 acresLot Size

$802Price/Sq.Ft.

Listed by Kyle Denton • Berkshire Hathaway - Vail VLG

Listing updated: Jul 31, 2026 at 07:13am

Redfin checked: a few seconds ago

•Source:VMLS #1012504

Payment calculator

$7,481 per month

Principal and interest$6,907

Property taxes

$314

HOA dues

Home insurance

$260

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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$3,995,000
4 beds4.5 baths3,496 sq ft
150 Kestrel Dr Unit 4D, Avon, CO 81620
OPEN TODAY, 2PM TO 4PM
$4,495,000
4 beds4.5 baths3,390 sq ft
150 Sawatch Dr Unit A, Edwards, CO 81632
OPEN TODAY, 2PM TO 4PM
$1,260,000
2 beds2 baths1,116 sq ft
1100 N Frontage Rd W #1517, Vail, CO 81657
OPEN TODAY, 2PM TO 5PM
$4,000,000
3 beds4 baths2,913 sq ft
950 Red Sandstone Rd #12, Vail, CO 81657
OPEN FRI, 2PM TO 5PM
$17,500,000
5 beds5.5 baths3,030 sq ft
430 S Frontage Rd E #406, Vail, CO 81657
OPEN SAT, 11AM TO 1PM
$1,895,000
3 beds2.5 baths2,340 sq ft
128 Beaver Rd Unit E, Eagle-Vail, CO 81620
OPEN SAT, 12PM TO 3PM
$1,325,000
3 beds2 baths1,343 sq ft
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$1,195,000
1 bed1.5 baths1,087 sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Homestake Peak School

Public PreK-8 • Assigned • 9.2mi

8/10

Battle Mountain High School

Public 9-12 • Assigned • 14.6mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

407 Water St · $1,250,000

DAYS ON MARKET

The average home goes pending in 56 days.

SALE-TO-LIST

Most homes are selling 5% below list price.

LIST PRICE

Median list price in this area is $1,324,145. (6% higher than this home)

PRICE DROP

31% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bedroom

Living

Interior features
Wood flooring
Appliances listed in remarks

Bedrooms
3 bedrooms

Bathrooms
One three-quarter bathroom

Flooring
Wood

Heating & cooling
Has cooling
Heating described in remarks

Sale and tax history for 407 Water St

Sale History
Tax History

Date

Event

Price

VMLS #1012504

Jul 31, 2026

Relisted

—

Jul 1, 2026

Pending

—

May 14, 2026

Price Changed

$1,250,000

$802/sq ft

Jan 25, 2026

Relisted

—

Aug 7, 2025

Listed

$1,500,000

$962/sq ft

Public Records

Oct 7, 1999

Sold

$274,100

$176/sq ft

VMLS #119982

Jul 28, 1999

Sold

$300,000

$192/sq ft

Apr 7, 1999

Listed

$310,000

$199/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,767 (+8.2%)

$20,520 + $23,970

$44,490

2024

$3,483 (+0.8%)

$20,520 + $23,970

$44,490

2023

$3,456 (+22.0%)

$22,150 + $20,790

$42,940

2022

$2,832 (−1.9%)

$16,730 + $15,590

$32,320

2021

$2,886 (+14.3%)

$16,730 + $15,590

$32,320

2020

$2,524 (+0.4%)

$17,220 + $16,040

$33,260

2019

$2,515 (+53.6%)

$14,610 + $14,570

$29,180

2018

$1,637 (+0.7%)

$14,610 + $14,570

$29,180

2017

$1,625 (−4.2%)

$10,510 + $8,200

$18,710

2016

$1,697 (+11.1%)

$10,510 + $8,200

$18,710

2015

$1,528 (+20.0%)

$11,620 + $8,120

$19,740

2014

$1,273 (+1.0%)

$11,620 + $8,120

$19,740

2013

$1,260 (−28.6%)

$11,620 + $3,850

$15,470

2012

$1,766 (+2.5%)

$11,620 + $3,850

$15,470

2011

$1,723 (−43.8%)

$16,260 + $5,730

$21,990

2010

$3,067 (+0.1%)

$16,260 + $6,990

$23,250

2009

$3,064

$33,130 + $7,170

$40,300

Public record

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

1.34 Acres

Year renovated

1975

Finished Sq. Ft.

1,559

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,559

Year built

1915

Style

Single Family Residential

County

Eagle County

APN

R001600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 17, 2026.

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

1/10 Heat Factor

10 days above 78° expected this year, 27 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Red Cliff, CO • 81649

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

73/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.7 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 407 Water St

$1,176,635

$73K under list price of $1.25M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $515K to $2.3M.

SOLD SEP 3, 2026
$1,385,000 Last sold price
5 beds3 baths2,349 sq ft
1011 Mountain Dr, Minturn, CO 81645
$212/sq ft
smaller lot
82 years newer
SOLD SEP 1, 2026
$1,900,000 Last sold price
3 beds2 baths1,982 sq ft
2653 Cortina Ln Unit 5A, Vail, CO 81657
$157/sq ft
smaller lot
70 years newer
SOLD JUL 15, 2026
$1,714,220 Last sold price
4 beds4 baths2,048 sq ft
15 Belden Way, Minturn, CO 81645
$35/sq ft
110 years newer
SOLD MAY 19, 2026
$515,000 Last sold price
2 beds2 baths996 sq ft
487 Eagle St, Red Cliff, CO 81649
$285/sq ft
smaller lot
5 years newer
SOLD AUG 21, 2026
$2,300,000 Last sold price
4 beds3.5 baths1,978 sq ft
4515 Bighorn Rd Unit H, Vail, CO 81657
$361/sq ft
smaller lot
77 years newer
SOLD JUN 25, 2026
$1,032,000 Last sold price
3 beds3 baths2,597 sq ft
602 Spruce St, Red Cliff, CO 81649
Real Broker, LLC DBA Real
$405/sq ft
smaller lot
26 years older

Rental earnings

Est. $2,154 per month, based on comparable rentals

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