47 Chelsea Ct

Eagle, Colorado

Explore Red Canyon Townhomes

Discover a spacious townhome in the charming Town of Eagle, perfectly positioned above the Eagle River. The open concept living, dining, and kitchen layout creates an inviting flow that is ideal for everyday comfort and effortless entertaining. The kitchen includes stainless steel appliances, warm wood cabinetry, and a breakfast bar for casual dining, combining style with everyday function. Corner windows surround the dining area, filling the space with natural light throughout the day.

Set within a convenient neighborhood with direct access to the Eagle River, the Eagle Valley Trail, and a community playground, this home is just minutes from schools, parks, and historic downtown Eagle. Enjoy easy proximity to local eateries, boutiques, daily conveniences, and year-round recreation. Embrace a relaxed, low-maintenance lifestyle with trails, river access, and downtown moments away.

Property Details

  • List Price: $577,467

    Deed Restriction: This property is subject to the Eagle County Good Deeds Price Capped Deed Restriction.

    Maximum Sales Price (MSP): Determined by the terms outlined in the deed restriction.

  • Type: Townhouse
    Bedrooms: 3
    Bathrooms: 3
    Basement: None
    Garage: None
    Parking: 2 surface
    Square Footage: 1665 sq ft
    Year Built: 1998

  • Annual Property Tax: $1,608
    Tax Year: 2024

    HOA Dues: $900/quarter
    Included in HOA: Trash, landscaping, snow removal

    Utilities:
    Electric: $70/month
    Gas: $55/month
    Water: $130/month

  • Open House 1: December 9, 2025: 12:00 PM - 2:00 PM*

    *This will be the only opportunity to view the home.

    Offer Deadline: December 10, 2025: 4:00 PM

Eligibility, Restrictions, and Selection

To purchase this deed-restricted home, households must first apply through The Valley Home Store’s Online Application Portal to verify their eligibility before submitting an offer. Buyers must meet the eligibility criteria outlined in the Eagle County Affordable Housing Guidelines: Administrative Procedures and the Eagle County Good Deeds Price Capped Deed Restriction. These restrictions define the eligibility requirements and establish the Maximum Sales Price to ensure long-term affordability.

If two or more equal offers are received, they will be prioritized based on the highest score as determined by the criteria outlined in the housing guidelines.

How to Apply

  • Contact your lender to secure a prequalification letter. This document confirms your financial readiness to purchase a home and is required to proceed with your application.

  • Access The Valley Home Store’s Online Application Portal to begin a new application or update an existing one.

    • First-time applicants: Complete a brief prescreening in the portal before accessing the full application. Enter the primary applicant and household details, then verify your email. After approval, you’ll receive a confirmation email with a link to begin the application. Log in, complete SMS verification, and set up security questions. Once signed in, you can start the full application, with optional tips to help you navigate the system.

    • Returning applicants: Review and update your information and documents to ensure everything is accurate and up to date.

  • Once your application is set up, upload documents to verify eligibility, including identification, employment, residency, and income.

    • Identification: Valid government‑issued ID (driver’s license, passport, or state ID).

    • Employment: Recent pay stubs, W‑2s, tax returns, or benefits statements.

    • Residency: Proof of homeownership from county records, a fully executed lease, voter registration, proof of auto or renters insurance, or PO Box registration.

    • Income: Tax returns or other documentation demonstrating eligibility under the deed restriction and housing guidelines.

    Note: Each deed‑restriction program is unique and may include specific requirements. Review the deed restriction and applicable housing guidelines for the property to ensure you meet all criteria.

  • Complete the Deed Restricted Offer Form. Ensure all required fields are accurate. Upload your prequalification letter and employment verification documents.

  • Upload all required documents through the Online Application Portal. If an offer deadline applies, submit your application and offer form by the specified date to be considered.

  • The Valley Home Store reviews submissions in the order received and will contact you regarding housing availability and next steps. Incomplete applications will not be accepted.

Contact Us

Our team is here to support you every step of the way. For more information, please contact:

Jesus Camunez
970-328-8772
jesus@valleyhomestore.org