Pinon Hills

 

Pinon Hills is a great neighborhood located just north-east of Salida.  Homes for sale in Pinon Hills range in price from under $200,000 to over $400,000.  Most of the homes for sale are on smaller lots (usually 1 acre or less), the gently sloping terrain offers great views of the Collegiate Peaks and Sangre de Cristo mountain ranges.  There are limited recorded covenants in Pinon Hills and the HOA recently disbanded – so essentially there are no covenants.  Roads are paved and maintained year round by Chaffee County and are on the school bus route.  Water and sewer is by well and septic system; electricity, propane and high speed internet are all available.  Interested in keeping up with what’s happening in Pinon Hills?

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Interested in selling your home in Pinon Hills?  Contact Mike Hawley at 719-530-1281 or michael@mysalida.com for a free Market Analysis to find out how much it could sell for.  The market is great right now, with more demand than there is supply.  In 2017, 9 homes sold in Pinon Hills, ranging in price from $215,000 – $465,000.  See below for more detailed information on home sales in this neighborhood, including the average and median home price in Pinon Hills for 2017.

Pinon Hills Homes and Land for Sale

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2017 Sales in Pinon Hills

MLS Address Beds Baths S.F. Sold Date Price/S.F. D.O.M List Price Sell Price List/Sell
4088893 10010 Sioux Cir 3 2 2,577 8/28/2017 307 6 475,000 465,000 98%
7172057 10340 W. Cherokee Dr. 3 2 2,294 9/1/2017 173 104 410,000 397,500 89%
5243718 10126 W. Cherokee Dr. 4 3 2,695 9/19/2017 134 0 359,500 362,000 101%
8591562 9835 Piute Dr. 3 2 1,296 7/7/2017 274 4 365,000 355,000 97%
4195149 9975 Sioux Cir 2 2 1,485 12/21/2017 198 81 315,000 294,000 88%
C236447 10055 W. Cheyenne Cir 5 2 1,049 4/21/2017 267 111 289,900 280,000 93%
C236234 10205 Piute Dr. 4 2 1,296 1/25/2017 201 59 297,000 260,000 88%
C236191 9985 Sioux Cir 3 3 1,609 5/12/2017 155 190 260,000 250,000 90%
C236287 6265 CR 156 3 2 1,686 1/17/2017 128 24 255,000 215,000 84%

2017 Pinon Hills Residential Sales – overview

Beds Baths Total SqFt List Price PSF Total Sold Price Sale/Original List Price CDOM
Min 2 2 1,296 $255,000 $127.52 $215,000 84.31%
Max 5 3 2,695 $475,000 $273.92 $465,000 100.70% 190
Avg 3 2 1,872 $336,267 $176.65 $319,833 91.90% 64
Median 3 2 1,686 $315,000 $173.28 $294,000 89.77% 59

2016 Sales in Pinon Hills

Address Beds Baths S.F. Sold Date $/S.F. DOM List Price Sold Price Ration
10213 W CHEYENNE 3 2 2,264 8/9/2016 188 11 425,000 425,000 100%
10241 WEST CHEYENNE 3 3 1,807 3/10/2016 193 2 348,500 348,500 100%
10165 W CHEYENNE 5 4 3,676 10/14/2016 88 104 335,000 325,000 94%
10086 E CHEROKEE 3 2 1,694 1/15/2016 192 56 339,000 325,000 96%
10156 WEST CHEYENNE 3 2 1,643 4/13/2016 180 299,000 295000 99%
9965 W. CHEROKEE 3 2 1,917 1/14/2016 138 239 269,000 265,000 88%
9830 E CHEYENNE 2 2 1,247 12/6/2016 206 0 264,000 257,000 97%

 

Beds Baths Total SqFt List Price PSF Total Sold Price Sale/List Price DOM
Min 2 2 1,247 $264,000 $88.41 $257,000 88.33%
Max 5 4 3,676 $425,000 $206.09 $425,000 100.00% 239
Avg 3 2 2,035 $325,643 $169.25 $320,071 96.42% 60
Median 3 2 1,807 $335,000 $187.72 $325,000 98.01% 11

 

2015 Sales in Pinon Hills

MLS NUMBER ADDRESS LIST PRICE SELL PRICE LIST DATE SELL DATE S.F.
233584 9975 SIOUX CIRCLE $240,000 $230,000 8/12/2015 12/8/2015 1458
233818 9835 PIUTE DRIVE $250,000 $245,000 9/28/2015 12/4/2015 1296
231091 10100 CHEROKEE DR. $259,000 $250,000 7/12/2014 10/27/2015 1944
230996 9905 EAST CHEYENNE CIRCLE $319,000 $321,000 7/7/2014 3/6/2015 1740
232117 10125 CHEROKEE DR. $339,000 $300,000 2/23/2015 5/1/2015 1724
233993 10291 CHIPPEWA $339,500 $335,000 11/9/2015 12/30/2015 2430
231917 10801 CHIPPEWA CIR $380,000 $375,000 1/16/2015 5/18/2015 2604

HI:$375,000
LO:$230,000
MEDIAN Sales Price$300,000
AVG. Sales Price:$294,000
AVG Days on Market: 155

Covenants / HOA

The HOA was dissolved in 2015, so there is nobody to enforce the recorded covenants. There wasn’t much interest from residents in joining the voluntary HOA, and they weren’t sure the covenants were enforceable in the first place.  So essentially, there aren’t covenants at this point.

What do people like about Pinon Hills

You’re just minutes from Salida; close enough to bike (although getting to town is easier than getting back!).  Most of the lots have some Pinon and Juniper trees, plus great views of the surrounding mountains, valley and town of Salida.  You’re also close to (in some cases bordering) public BLM land and the Arkansas Hills trail system.  Their used to be covenants, but they were pretty lax, the HOA determined that they probably weren’t even enforceable and nobody really wanted to be part of the HOA anyway…so they disbanded.

What people don’t like about Pinon Hills

There is a mix of homes, including a few modular/manufactured homes and a few high end ($400,000+ homes).  So if you want a homogeneous neighborhood with all luxury homes (or all manufactured homes), this might not be the place for you.  Some people prefer covenants.  You can’t have horses in this neighborhood and lot sizes are small compared with many out of town areas.

Let us know if you have any questions about Pinon Hills.

2014 Sales in Pinon Hills

In the last year, 6 homes have sold in, ranging in price from $138,500 to $290,000.  The average sales price for a home in the neighborhood was $223,000.

MLS NUMBER Address LIST PRICE SELL PRICE S.F. LOT SIZE
229186 9979 West Cherokee 142900 138500 1323 1.4
227655 10210 CHEYENNE CIR 180000 169000 1259 0.99
229321 6350 CR 156 210000 195000 1740 1.26 ac
227055 10165 WEST CHEYENNE CIRCLE 273000 257500 3676 0
227741 10117 SIOUX CIRCLE 299000 290000 1999 1.3
228132 10312 PIUTE 299000 290000 2028 1.2 Acres

Pinon Hills Map