Residential Income Condo with
For Sale
$330,000
1121 Fairway Club Cir, Estes Park, CO 80517
MULTI_FAMILY - Contemporary - Estes Park, CO
Property Size992 SF
Lot Size0.01 Acres
Price / SF$332.66
Days on Market15
Property Features for 1121 Fairway Club Cir
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
SFR
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Patio and Porch features
Deck
Interior features
Eat-in Kitchen, Separate Dining Room
Exterior features
Balcony
Fireplace
1
Appliances
Electric Range, Dishwasher, Refrigerator, Washer, Dryer
Subdivision
Fairway Club Condo
Lot features
Wooded, Evergreen Trees, Native Grass, Paved
Elementary school
Estes Park
Middle school
Estes Park
High school
Estes Park
Elementary school district
Estes Park District
Middle school district
Estes Park District
High school district
Estes Park District
Standard status
Active
APN
R0523305
Size
992 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1687
HOA Fee
$320 Monthly
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1973
Floors in Building
2
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary
Additional Structures
Storage
Listing Agency:
Mountain State Realty
(970) 397-3203
Listed By:
Richard Burlingame
(970) 397-3203
Added: Jul 22
Changed: Aug 3
Last Checked: Aug 5 at 8:06AM
MLS# 1064794
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This furnished two-bedroom, two-bath condo is offered for sale and currently tenant occupied. The home includes an eat-in kitchen and a separate dining room, with a deck and balcony for outdoor space. A fireplace is available in the living area, and interior amenities include a dining room plus two bedrooms and two bathrooms. Built in 1973, the condo is framed construction with forced-air heating and a composition roof.
The property sits within the Fairway Club community in Estes Park and overlooks an 18-hole golf course. It is described as moments from downtown Estes Park and the entrance to Rocky Mountain National Park, offering convenient access to local shopping, dining, and outdoor recreation.
For showings, the seller notes a 48-hour notice is required and showings are subject to tenant approval.
The property sits within the Fairway Club community in Estes Park and overlooks an 18-hole golf course. It is described as moments from downtown Estes Park and the entrance to Rocky Mountain National Park, offering convenient access to local shopping, dining, and outdoor recreation.
For showings, the seller notes a 48-hour notice is required and showings are subject to tenant approval.
Key Highlights
- Overlooks an 18‑hole golf course within the Fairway Club community
- Furnished two‑bedroom, two‑bath condo currently tenant occupied
- 992 SF condo on a 0.01‑acre lot
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $18.12 |
| − Vacancy | −$809 | −$0.82 |
| EGI | $17.2k | $17.30 |
| − OpEx | −$7.7k | −$7.79 |
| NOI | $9.4k | $9.52 |
992 SF · lease $18.12/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$134.9K
$118.0K – $157.4K
NOI $9,441 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$266.3K
$233.0K – $310.7K
NOI $18,639 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
Explore this area
Business Placement
Demographics for 80517, CO
9,720
Population
7,043
Households
1.4
Avg Household Size
55
Median Age
55%
College-Educated
97%
High-School Grad
297.2 sq mi
ZIP Area
33
Density / Sq Mi
$89,659
Median Household Income
$40,919
Median Earnings
$1,451
Median Rent
$670,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Furnished two-bedroom, two-bath condo with balcony and deck, overlooking an 18-hole golf course and currently tenant occupied.
Where is this residential income property located?
The property is located at 1121 Fairway Club Cir Estes Park, CO.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Overlooks an 18‑hole golf course within the Fairway Club community; Furnished two‑bedroom, two‑bath condo currently tenant occupied; 992 SF condo on a 0.01‑acre lot
