For Sale
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Property summary
This stunning 1903 National Historic Register property, located in the heart of Mancos, Colorado, presents a unique investment opportunity. Situated on 0.69 acres (8 city lots), this architecturally significant building offers approximately 6,190 square feet of space and boasts unmatched versatility. The main level features a large entertainment room, library, sitting room, and a spacious dining room complementing the expanded, recently updated kitchen (with new appliances within the last six months). A grand curved staircase leads to the second floor, where you'll find five bedrooms, each with its own updated bathroom and sink vanities. A penthouse suite/apartment on the top floor offers breathtaking panoramic views of Mancos. A complete interior renovation commenced in 2021, encompassing updated electrical and plumbing systems, new fixtures and lighting, restored and new flooring, and the addition of a second kitchen in the penthouse. The property also includes an old carriage house with a workshop, storage room, and a small garage, along with a 2-car carport and RV parking. Outdoor amenities include covered porches, a fire pit, a covered hot tub and sitting area, and numerous seating areas under mature trees. Ample off-street parking and additional buildable space are also available. Conveniently located near Mesa Verde National Park (7 miles), San Juan National Forest (5 miles), and Durango (30-minute drive), this property is ideally situated on the Million Dollar Highway route. The asking price is $1,565,000.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Hostel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning