This exceptional investment opportunity in picturesque Lake City, Colorado, presents a rare chance to acquire a thriving turnkey rental business. The property encompasses three meticulously maintained parcels totaling 1.64 acres and features four charming log cabin units in pristine condition. These units boast a proven history of strong year-round rental income, attracting repeat guests. Strategically located just outside of town, eliminating the need for a short-term rental permit, the property enjoys excellent visibility and accessibility from Highway 149, while also offering convenient backroad access for off-road vehicles. The main 2782 sq ft, 3-bed, 3-bath cabin serves as a comfortable residence, but could easily be converted into a larger rental unit. It features an open-concept kitchen, dining, and living area, multiple bedrooms, and ample storage. A thoughtfully designed basement provides space for managing the other rental units. Heating options include a wood stove, propane gas stove, and electric heaters. A separate duplex, totaling 2359 sq ft, comprises two identical 2-bed, 2-bath units, each with an open floor plan, gas wood-burning stoves, and private covered decks. Finally, a charming 908 sq ft cabin on a separate 0.43-acre lot adds to the rental portfolio. The main parcel includes landscaped lawns with automatic sprinklers, a greenhouse, animal pen, shed, and equipment storage barn. This property presents diverse possibilities, from continuing the successful rental business to creating a family compound or even a unique wedding venue. Lake City's stunning natural beauty and abundant outdoor recreational opportunities ensure consistent demand for rental accommodations. The asking price is $2,599,000.
Property Features for 1425 Hwy
General Information
Property type
Mixed-use properties
Lot Size
71,438 SF
HighLights
$2,599,000 asking price for a mixed‑use property.
1.64‑acre lot in Lake City, Colorado, featuring four log cabin units.
Three parcels with established short‑term and long‑term rental history, requiring no STR permit.
Main cabin: 2,782 sq ft, 3 bed, 3 bath, with potential for additional bedrooms. Features include updated flooring, covered deck, and efficient heating options.
Duplex: 2,359 sq ft total, two 2 bed/2 bath units, each with updated flooring, covered decks, and gas wood‑burning stoves.
Additional 908 sq ft cabin on a 0.43‑acre lot, with one bedroom loft and full bath.
The property is located at 1425 Hwy Lake City, CO.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: $2,599,000 asking price for a mixed-use property.; 1.64-acre lot in Lake City, Colorado, featuring four log cabin units.; Three parcels with established short-term and long-term rental history, requiring no STR permit.
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1425 Hwy Lake City, CO 81235
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1425 Hwy Lake City, CO 81235
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1425 Hwy, Lake City, CO
Robby Richardson
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