Value beyond measure at 24 Signal Rock

At 24 Signal Rock, you’re making a data-supported decision. The price is grounded in comprehensive market analysis, recent comparable sales, and a bank-ordered appraisal completed in 2023.

While some may question the relevance of a prior appraisal, local market data for 80403 and the Coal Creek Canyon corridor indicates values have increased approximately 4% since 2023 — which represented a cyclical low point in this micro-market. The pricing reflects current conditions, not past assumptions.

This approach ensures transparency, alignment with real buyer behavior, and credibility in today’s Coal Creek Canyon market.

 

Competitive Pricing & Market Support 

Offered at $469,000

A bank-ordered appraisal completed February 21, 2023 established the property’s value at $455,000.

Since that time, public market data indicates approximately 4% appreciation in Coal Creek Canyon home values, placing a market-adjusted range in the low-to-mid $470,000s today.

The current list price reflects:
• The independent 2023 lender appraisal
• Verified market appreciation
• Over $200,000 in documented capital improvements
• Current comparable sales behavior in the Coal Creek Canyon corridor

This pricing is aligned with real market data — not speculative projections.

Serious, qualified buyers and licensed agents may request the full appraisal report for review and a comprehensive value list of upgrades. 

 

Scroll Down for Recent Comparable Sales Analysis

Screenshot from Appraisal Report 2/21/2023 for complete appraisal available to buyer's agents and pre-qualified buyers with a pre qualification letter

RedFin Data showing year over year increase in the Coal Creek Canyon Micro Market 

Conclusion from Market Data Sources:

 

1.   Zillow data shows approximately 4% appreciation in Coal Creek Canyon home values since the 2023 appraisal baseline.

2.   Redfin reports +30.9% year-over-year median price growth in the most recent reporting period (Jan 2026).

3.  Recent comparable sales, when adjusted for condition and system completeness, indicate a value range of approximately $465,000–$500,000 for 24 Signal Rock.

 

 

Comparable sales as of : 2/28/2026

Sales Comparison Analysis – Raw vs. Condition-Adjusted Value

A review of recent closed and pending sales within the Wondervu / Coal Creek Canyon market indicates that raw sale prices alone do not provide a reliable measure of value in this submarket. Condition, system completeness, structural integrity, and infrastructure readiness materially influence buyer behavior.

184 Signal Rock Road – Closed at $280,000

This property reflects a lower sale price due to deferred maintenance, structural concerns, and outdated systems. This is a standard Baseline cabin prior to any cosmetic or system updates. This is a high risk seasonal cabin with documented freeze concerns for internal systems. To achieve parity with 24 Signal Rock’s level of modernization (electrical, plumbing, envelope hardening, fire-rated siding, energy efficiency, etc.), estimated capital exposure exceeds $250,000. 
Condition-adjusted indication: approximately $480,000-$495,000.

87 Olde Carter Lake Road – Closed at $315,000

While functional, this property reflects dated systems, no leach field, septic tank requiring frequent pumping costs, basic builder grade finishes,   lacks certain infrastructure, road access,  and site advantages present at 24 Signal Rock. A conservative adjustment for systems modernization and comparable functional utility is estimated at approximately $150,000.
Condition-adjusted indication: approximately $465,000.

8 Ronnie Road – Closed at $390,900

At first glance, this sale represents a more modernized, market-supported transaction and establishes an upper boundary for updated homes in this segment of the market. However, due to documented  infrastructure issues this home sold as high risk. Condition-adjusted indication: approximately $475,000.

76 Wonderland Avenue – Closed at $415,000

This property reflects moderate updating with partial system improvements. Adjusted for condition, lack of fire-rated protections,  and effective age differences, the indicated value trends into the mid-to-high $400,000 range. To achieve parity with 24 Signal Rock’s level of modernization Condition-adjusted indication: approximately $475,000 - $495,000.  

11798 Ridge Road – Closed at $499,000

Closed sales indicate buyer sensitivity primarily tied to condition and infrastructure rather than bedroom count alone. Properties requiring modernization or system upgrades traded below their stabilized market potential. When adjusted for condition, upgrades, and infrastructure parity, present at 24 Signal Rock, the comparable sales support an indicated market value in the  mid-$500,000 range. Condition-adjusted indication: approximately $550,000-$565,000.