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Victorian Short-Term Rental Property
For Sale
$1,154,450

426 Gunnison Avenue, Lake City, CO 81235

Three separate living areas support flexible occupancy, guest accommodations, or multi-generational use.

Property Size4,198 SF
Price / SF$275
Days on Market152

Property Features for 426 Gunnison Avenue

General Information

Standard status Active
Size 4,198 SF
Property subtype MULTIFAMILY / Other
Zoning Residential Multi Family

Units

Unit Mix 1 x 6BR/3.5BA, 1 x 2BR/1BA, 1 x studio/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,187

Amenities

tin ceilings
fireplace
balcony
mountain views
mature trees
established landscaping
Laminate, Tile, Wood
Partially Furnished
Dishwasher, Double Oven, Dryer, Range Top, Range/Oven, Refrigerator, Washer
Crawl Space
Metal
Chain Link, Privacy
Wood
No
Victorian
Covered Deck, Deck, Fence, Patio, Shed/Storage

Building Details

Year Built 1887
Buildings 2
Construction Victorian
Listing Agency: Crystal Peak Properties
Listed By: Kelsey Loftis · License #ER100085968
Source: Compass
Added: Apr 1 Changed: Aug 29 Last Checked: Aug 29 at 3:01PM

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 Crystal Peak Properties

Investment Insights

Based on property information with market context.

Built in 1887, this Victorian property at 426 Gunnison Avenue includes three distinct living spaces. The primary residence offers 6 bedrooms and 3.5 bathrooms, along with tin ceilings, a fireplace, a private primary suite balcony, and a walk-in closet. A separately accessed apartment adds 2 bedrooms and 1 bathroom, while a detached studio includes its own bathroom.

Each living area has separate yard space, with mature trees, established landscaping, decks, a patio, fencing, and a storage shed contributing to the property’s outdoor setting. A detached garage provides additional storage. The property is zoned Residential Multi Family and is located in Lake City near shops, dining, hiking, fishing, and ATV trails. Interior features include wood, tile, and laminate finishes, plus selected appliances and partial furnishings.

Key Highlights

  • Three separate living spaces, including a 6‑bedroom main residence, 2‑bedroom apartment, and detached studio
  • Primary residence includes 6 bedrooms, 3.5 bathrooms, tin ceilings, fireplace, and private suite balcony
  • Attached apartment has a separate private entrance, 2 bedrooms, and 1 bathroom

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Building Supply Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three separate living areas support flexible occupancy, guest accommodations, or multi-generational use.
Where is this short term rental property located?
The property is located at 426 Gunnison Avenue Lake City, CO.
What is the asking price?
The asking price for this property is $1,154,450.
What are key features of this property?
This property features: Three separate living spaces, including a 6‑bedroom main residence, 2‑bedroom apartment, and detached studio; Primary residence includes 6 bedrooms, 3.5 bathrooms, tin ceilings, fireplace, and private suite balcony; Attached apartment has a separate private entrance, 2 bedrooms, and 1 bathroom
More about this property
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