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April Brandon

aprilsellsyourhomeco@gmail.com +1(970) 396-3685

$ 1,750,000

Est. payment | -/mo

3 Beds

5 Baths

3,374 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

3 Beds

5 Baths

3,374 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,374 sqft

MLS Listing ID IRE7987160

Style Cottage,A-Frame

Bedrooms 3

HOA Y/N No

Year Built 2023

Annual Tax Amount $2,391

Tax Year 2025

Lot Size 2.380 Acres

Acres 2.38

Property Sub-Type Duplex

Source ires

Property Description

Don't miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be owner-occupied or rented on a 30-day+ basis, and one of them can be rented on a short term basis with a Gilpin County STR permit (and without a wait if owner-occupied). Assuming steady performance from the A-Frame as an STR and using very conservative assumptions for the rental of the ADU, you could easily achieve an 8%+ cap rate at this asking price. With a sought-after style you simply won't find anywhere else, privacy, views for miles, and a location practically in the State Park that's only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether you're looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio.

Location

State CO

County Gilpin

Area Suburban Mountains

Zoning Rural Residential

Direction GPS will get you there.

Rooms

Basement Unfinished, Walk-Out Access

Interior

Heating Wood Stove, Radiant

Fireplaces Type Two or More

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Exterior Feature Balcony

Parking Features Off Street

Garage Spaces 6.0

Utilities Available Electricity Available, Propane, Master Meter-Electric

View Y/N Yes

View Mountain(s), Hills

Roof Type Composition,Metal

Porch Patio, Deck

Garage Yes

Building

Lot Description Rock Outcropping, Abuts Public Open Space, Gutters

Sewer Septic Tank

Water Well

Architectural Style Cottage, A-Frame

Level or Stories Two

Structure Type Frame,Metal Siding,Wood Siding,Concrete

New Construction true

Schools

Elementary Schools Gilpin County School

Middle Schools Gilpin County School

High Schools Gilpin

School District Gilpin

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Information and Real Estate Services (IRES)

Listed by Nicholas Melzer

Schools and Properties Nearby

311 Pioneer Golden, CO 80403