Park Estates is an 1150 acre community of 27 lots located off CR 17 on Elk Ridge Trail. Another 339 acres of neighboring lots are contained within the community borders. The community was developed in 1989 on existing Colorado ranch land. The majority of lots currently have existing homes occupied by either full time or seasonal residents. Park Estates abuts the magnificent Uncompahgre National Forest with residents having access to the forest and the Dallas Trail from the community.