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    2653 Cortina Ln, Unit 5A Vail, CO 81657

    View on Map
    Sponsored
    For Sale
    $2,195,000

    DUPLEX - Vail, CO

    Property size:
    1,982 SF
    Lot size:
    0.30 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 15 at 6:06 am

    Property Features for 2653 Cortina Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    9-PS
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    210314202013
    Parking
    5
    Parking features
    Garage
    Patio and Porch features
    Patio, Deck
    Pets allowed
    Cats OK, Dogs OK
    Interior features
    Multi-Level, Patio, Wired for Cable, Balcony
    Fireplace
    1
    Appliances
    Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer
    Size
    1,982 SF
    Lot size
    0.30 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas, Radiant, Radiant Floor, Baseboard
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    4
    Flooring type
    Wood, Tile, Carpet
    Building materials
    Frame, Stucco, Wood Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Page E Slevin
    Page E Slevin

    Berkshire Hathaway HomeServices Colorado Properties (970) 390-9440

    Listing agent Page E Slevin (970) 390-7443

    Listing date Mar 14, 2026

    MLS# 1012463 Listing URL

    Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Vail Duplex with Income Potential

    This Bavarian-inspired Vail duplex offers mountain living with privacy, views, and versatility. Positioned alongside open space and National Forest, the property features a south-facing exposure that brings in natural light year-round. The thoughtfully designed layout offers approximately 1,982 square feet with three bedrooms and two bathrooms, including a private-entry lower-level suite currently used as an income-producing Airbnb. The main living area features an open-concept design anchored by a wood-burning fireplace, expansive windows, and mountain views. The Euro-style kitchen connects easily to indoor and outdoor living spaces. Outdoor spaces include two decks: a large sunny deck ideal for gatherings and a second west-facing wraparound deck backing to open space. Additional features include a two-car garage plus surface parking, a new boiler system, and ample storage including a crawlspace. The property's south-facing orientation provides abundant light. It is located close to Davos and North Trailheads for year-round hiking, biking, and snowshoeing, and less than two miles from free ski parking with easy access to Vail and Lionshead. Situated on a 0.3-acre lot, current zoning supports the potential for expansion up to approximately 4,000 square feet (buyer to verify). Well suited for a primary residence, mountain retreat, or investment property, this home combines location, lifestyle, and future potential in one of Vail's most desirable outdoor-oriented settings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vail
    County
    Eagle
    State
    Colorado
    Longitude
    -106.428459
    Latitude
    39.625769

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    FAQs

    What type of property is this?
    Duplex - Sun-filled Vail duplex with mountain views and income potential.
    Where is this duplex located?
    The property is located at 2653 Cortina Ln, Unit 5A Vail, CO.
    What is the asking price?
    The asking price for this property is $2,195,000.
    What are key features of this property?
    This property features: - Income-producing potential with a private-entry lower-level suite currently used as a successful Airbnb.; - Exceptional location bordering open space and National Forest, offering privacy, mountain views, and frequent wildlife sightings, just minutes from Vail Village.; - Abundant natural light due to south-facing exposure, creating a sun-filled living environment year-round.
    (970) 390-7443
    Request Owner's contact information
    2653 Cortina Ln, Unit 5A Vail, CO 81657
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    Vail, CO 81657
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2653 Cortina Ln, Unit 5A Vail, CO 81657
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    We can help!
    Listing Contact
    Page E Slevin
    Page E Slevin
    Real Estate License ID: FA40015010
    (970) 390-7443 (970) 845-8440
    Learn more
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