841 Riverside Dr Estes Park, CO 80517
Property profile & analytics
841 Riverside Dr Estes Park, CO 80517
- Hotels
- 3,696 SF
- 0.48 lot acres
Property ID
US13-1155295
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hotels
Property Details for 841 Riverside Dr
- Year built
- 1998
- Construction
- WOOD FRAME
- Lot size
- 0.48 lot acres
- Property size
- 3,696 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 35351-07-005
- APU
- 3535107005
Description
This exceptional Estes Park hospitality investment offers a unique opportunity to acquire two adjoining properties totaling nearly 1.3 acres. The main property, Mountain Shadows Resort, comprises eight charming cottages, each featuring a private hot tub, king bed, fireplace, kitchenette, and private deck. These cottages, built in 1999 and renovated in 2022, are designated as a Pre-Existing Lodging Facility (PELF) by Larimer County, ensuring a transferable designation for short-term rentals. The resort boasts a 9.6 rating on Booking.com, the highest in Estes Park, with exceptional reviews across cleanliness, value, comfort, and staff. Gross revenues for the past 12 months show a 12.6% increase, with significant growth in the current season. The adjacent property, a 2,800 square-foot, four-bedroom home with a three-car garage, offers versatile options: owner occupancy, additional rental income, or on-site manager housing. This property features high-end finishes including vaulted ceilings, hardwood floors, and multiple fireplaces. Both properties are situated in the highly desirable EV-A1 zoning, allowing for short-term rentals and capitalizing on the 4.5 million annual visitors to nearby Rocky Mountain National Park. The asking price is $3,300,000, with a pro-forma cap rate of 10% and a pro-forma NOI of $210,771. The property includes 13 parking spaces and five buildings. This turnkey operation presents a rare combination of high-performing lodging and luxurious residential living in a prime location. The property's success is further evidenced by its presence on Booking.com, TripAdvisor, and Expedia, consistently achieving high ratings and awards.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,780,000
- ML approach
- $1,850,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Estes Park
- County
- Larimer
- State
- Colorado
- Longitude
- -105.538
- Latitude
- 40.3607
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,361
$43,859
$281,176
$325,035
-
$157,200
$1,007,800
$1,165,000
