16949 Co-69 Walsenburg, CO 81089
This exceptional 42-acre property in Walsenburg, Colorado, presents a unique investment opportunity. Situated on Highway 69, the expansive land offers complete freedom with no deed restrictions. The main residence, boasting 3,056 square feet, features breathtaking mountain views from every room, abundant natural light, and cathedral ceilings in the great room. An open-concept kitchen and dining area are perfect for entertaining. The home includes three bedrooms, four bathrooms, and two offices, providing ample space for comfortable living. A luxurious primary suite features an en-suite bathroom and a private covered deck. A two-car attached garage adds convenience. The property also includes a terraced garden complete with a fully functional greenhouse and a separate outdoor kitchen and dining area. A substantial 7,000 square-foot mechanics shop is equipped for auto body repair, featuring a hoist, paint booth with down-draft ventilation, a dedicated mechanic's room, an engine-building room, and a woodworking shop. Income potential is significant with two fully furnished two-bedroom, one-bathroom guest homes, a bunkhouse, and three RV sites, each with access to laundry and bathroom facilities. This property is ideal for a variety of uses, from a private retreat to a thriving commercial venture. The possibilities are endless.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.