Furnished Residential Income
For Sale
$330,000
1121 Fairway Club Cir, Estes Park, CO 80517
Residential Income, Estes Park, CO
Property Size992 SF
Lot Size0.01 Acres
Price / SF$332.66
Days on Market93
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
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Dining Room
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
Listed By:
Richard Burlingame
(970) 397-3203
Added: Jul 22
Changed: Oct 20
Last Checked: Oct 22 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This furnished residential income condo at 1121 Fairway Club Cir contains 992 square feet with two bedrooms and two bathrooms. The interior includes an eat-in kitchen, separate dining room, living areas, a balcony, and a fireplace. Appliances include an electric range, dishwasher, refrigerator, washer, and dryer. Built in 1973 with frame construction and a contemporary architectural style, the unit also features forced-air heat, a deck, composition roofing, natural gas availability, and public sewer.
The property is located in the Fairway Club community of Estes Park and overlooks an 18-hole golf course. Downtown Estes Park and the entrance to Rocky Mountain National Park are nearby, along with hiking, shopping, dining, and outdoor recreation. The condo is currently tenant occupied, and showings require 48 hours’ notice with tenant approval.
The property is located in the Fairway Club community of Estes Park and overlooks an 18-hole golf course. Downtown Estes Park and the entrance to Rocky Mountain National Park are nearby, along with hiking, shopping, dining, and outdoor recreation. The condo is currently tenant occupied, and showings require 48 hours’ notice with tenant approval.
Key Highlights
- 992‑square‑foot condo with 2 bedrooms and 2 bathrooms
- Furnished unit in the Fairway Club community
- Views overlooking an 18‑hole golf course
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,441
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,820
$188.8K
Cap Rate 7%
$134,871
$134.9K
Cap Rate 9%
$104,900
$104.9K
Market Conditions
NOI Build-Up for 992 SF
Gross rent
$18.0K $18.12/SF
− Vacancy
−$809 −$0.82/SF
EGI
$17.2K $17.30/SF
− OpEx
−$7.7K −$7.79/SF
NOI
$9.4K $9.52/SF
Area
Larimer County, CO
Vacancy
4.50%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,820
Cap Rate 7%
$134,871
Cap Rate 9%
$104,900
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.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Tenant-occupied condo with golf-course views, a balcony, and a furnished interior.
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: 992‑square‑foot condo with 2 bedrooms and 2 bathrooms; Furnished unit in the Fairway Club community; Views overlooking an 18‑hole golf course
