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289 Sweetgrass, Carbondale, CO, 81623
Duplex with En-Suite Bedrooms

289 Sweetgrass Carbondale, CO 81623

For Sale
$2,199,000

DUPLEX - Carbondale, CO

Property Size5,382 SF
Lot Size0.39 Acres
Price / SF$408.58
Days on Market314

Property Features for 289 Sweetgrass

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RESIDENTIAL
Bedrooms 5
Bathrooms 6
Rooms Bathroom 6, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 5, Bedroom 2
Fireplace 1
Basement Finished
Standard status Active
APN 239320404116
Size 5,382 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Section: 29 Township: 7 Range: 88 Subdivision:ASPEN GLEN FLG 1 Lot:D11-AMENDED FINAL PLAT of LOT D11, RESUB OF LOT D-11
Tax Annual Amount 8169

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 2009
Floors in Building 3
Building materials Stone Veneer, Stucco, Stone, Frame
Roof type Composition
Listing Agency: Coldwell Banker Mason Morse-Aspen
Listed By: Florencia M Padilla
Added: Sep 19, 2025 Changed: Jul 27 Last Checked: Jul 29 at 3:06PM
MLS# 190231

Copyright © 2026 Aspen Glenwood 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.

Duplex residence featuring five spacious en-suite bedrooms, stunning wood flooring, and cathedral ceilings throughout. The layout includes an open floor plan with a gourmet kitchen and an adjacent kitchen annex, along with an expansive lower level with a separate family room. Additional functional spaces include a private home office and a dedicated “man/woman cave.” Outdoor living is supported by a serene terrace with a cozy fireplace. Parking includes an oversized two-car garage with an additional golf cart door.

The property is zoned residential and is listed at 289 Sweetgrass in Carbondale, Colorado. Remarks highlight panoramic views of Mt. Sopris and note an optional membership to the Aspen Glen Club, with access to amenities such as a Jack Nicklaus-designed golf course, pool, outdoor jacuzzi, tennis courts, a fitness center, and dining options. The remarks also reference Roaring Fork River for Gold Medal fishing.

Key Highlights

  • Built in 2009 with stone veneer, stucco, stone, and frame exterior and a composition roof
  • Central air cooling and forced‑air natural gas heating, plus a fireplace (FireplaceYN: true)
  • Five en‑suite bedrooms with cathedral ceilings and wood flooring throughout

Financial Insights For Multifamily LT 5

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 $106.6k $19.80
− Vacancy −$5.9k −$1.09
EGI $100.7k $18.71
− OpEx −$30.2k −$5.61
NOI $70.5k $13.10
5,382 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$881.2K – $1.17M (±1% cap)
NOI $70,492 @ 7.0% cap · market cap 3.21%
Second Best
Apartment 5plus
$940.1K
$822.6K – $1.10M (±1% cap)
NOI $65,810 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,664 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Frequently Asked Questions

What type of property is this?
Duplex - Large duplex with cathedral ceilings, wood flooring, a terrace with fireplace, and an oversized two-car garage.
Where is this duplex located?
The property is located at 289 Sweetgrass Carbondale, CO.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Built in 2009 with stone veneer, stucco, stone, and frame exterior and a composition roof; Central air cooling and forced‑air natural gas heating, plus a fireplace (FireplaceYN: true); Five en‑suite bedrooms with cathedral ceilings and wood flooring throughout
More about this property
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