Lake City Turnkey Rental
For Sale
$1,620,000
1415 N State Highway 149, Lake City, CO 81235
Turnkey investment opportunity with residence and duplex near Lake City.
Property Size5,141 SF
Lot Size1.64 Acres
Price / SF$315.11
Days on Market715
Property Features for 1415 N State Highway 149
General Information
Standard status
Active
Size
5,141 SF
Lot size
1.64 Acres
Taxes and HOA fees
Annual Taxes
$2,094
Listing Agency:
Great Plains Land Company, LLC
(405) 255-0051
Listed By:
Robby Richardson · License #FA100068717
(719) 649-3378
Source:
Exprealty
Added: Oct 30, 2024
Changed: Oct 10
Last Checked: Oct 12 at 9:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Great Plains Land Company, LLC
Investment Insights
Based on property information with market context.
Rocky Top Vacation Rentals presents a rare investment opportunity in Lake City, Colorado, featuring a large residence and a duplex, totaling 7 beds, 7 baths, and 5141 sq ft. Situated on 1.214 acres, this turnkey property includes three log cabin units in immaculate condition with a history of year-round rental income. Located just outside of town, off Hwy 149, the property offers excellent exposure and access, with minimal covenants and no HOA restrictions. The main parcel includes lawns with automatic sprinklers, a greenhouse, an animal house/pen, a shed, and an equipment storage barn. The property could serve as a residence and rental business, a family vacation compound, or potentially a wedding venue. The location is ideal for outdoor enthusiasts, with access to hiking, biking, fishing, hunting, camping, ice climbing, and 4x4 off-roading. The main residence, spanning 2782 sq ft, features 3 beds and 3 full baths. The second/entry level includes an open kitchen, dining room, and living room with new LPV flooring, along with a master bedroom and bathroom, and an additional bedroom near another full bathroom. Upstairs, there is another bedroom, full bathroom, a craft area, an additional room used as a bedroom, and a man cave/storage/office area. The basement is equipped with linen cabinets, a double washer and dryer setup, and additional storage and counter space. A wood stove in the dining area heats most of the living areas, complemented by a propane gas stove in the living room, a propane Rinnai in the basement, and electric heater options. The duplex, located south of the main residence, features two 2 bed/2 bath units, totaling 2359 sq ft. Each unit has an open kitchen, dining room, and living room area, a bedroom and full bath on the main level with stylish LPV floors, gas wood burning stoves, and vaulted ceilings. The second levels each have a roomy bedroom and full bathroom. Covered decks offer outdoor enjoyment space, with a charcoal grill and picnic table for each unit.
Key Highlights
- Turnkey vacation rental business with established income history and repeat clientele.
- Three immaculate log cabin units totaling 7 beds/7 baths on 1.214 acres.
- Excellent location just outside Lake City, Colorado, with highway frontage and UTV/ATV access to the Alpine Loop.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 81235, CO
728
Population
1,008
Households
0.7
Avg Household Size
54
Median Age
48%
College-Educated
100%
High-School Grad
534.6 sq mi
ZIP Area
1
Density / Sq Mi
$67,750
Median Household Income
$39,412
Median Earnings
$1,099
Median Rent
$456,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Hospitality property - Turnkey investment opportunity with residence and duplex near Lake City.
Where is this hospitality property located?
The property is located at 1415 N State Highway 149 Lake City, CO.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Turnkey vacation rental business with established income history and repeat clientele.; Three immaculate log cabin units totaling 7 beds/7 baths on 1.214 acres.; Excellent location just outside Lake City, Colorado, with highway frontage and UTV/ATV access to the Alpine Loop.
