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Listed by Tanya L. Marushack Homesmart Preferred Realty
$ 1,150,000
Est. payment | /mo
2.37 Acres Lot
$ 1,150,000
Est. payment | /mo
2.37 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Mix Use
Listing Status Active
Purchase Type For Sale
Subdivision Alpine Ranch Acres
MLS Listing ID 7288240
Year Built 1964
Annual Tax Amount $5,522
Tax Year 2025
Lot Size 2.370 Acres
Acres 2.37
Property Sub-Type Mix Use
Source Royal Gorge Association of REALTORS®
Property Description
Unlock the potential of this one-of-a-kind property offering multiple income streams on 2.37 acres. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to bring a hospitality business back to life, this property is packed with opportunity. The property features five beautifully remodeled, fully furnished cabins, each thoughtfully updated and offering 1 or 2 bedrooms, 1 bathroom, a kitchen, and comfortable living area. Continue operating them as short-term vacation rentals, use them for long-term rentals, employee housing, or create your own unique lodging experience. The approximately 3,700-square-foot main building, formerly operated as a restaurant, is ready for its next chapter. Inside you'll find a commercial kitchen, full bar area, spacious dining room, and ample seating, while the expansive deck provides additional space for outdoor dining, live music, or special events. Attached to the restaurant is a private 2-bedroom, 1-bath owner's residence with a loft, offering the convenience of living on-site or generating even more rental income. Additional improvements include a 24x36 shop, commercial well and septic system, and extensive electrical upgrades completed throughout the property. The list of renovations and updates is extensive, providing peace of mind for the next owner. With established infrastructure already in place and countless possibilities for future use, this rare property is ideal for a boutique lodge, restaurant, event venue, retreat center, workforce housing, or a combination of ventures. Properties offering this level of flexibility, infrastructure, and income potential are increasingly difficult to find. Schedule your private showing today and explore everything this exceptional investment has to offer.
Location
State CO
County Custer
Community Alpine Ranch Acres
Interior
Heating Electric, Forced Air
Cooling None
Window Features Other - See Remarks
Exterior
Utilities Available Electricity Connected, Propane
Building
Sewer Septic
Water Well
Structure Type Wood
Schools
Elementary Schools Custer County
Others
Tax ID 0010199201
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations