1415 and 1425 N Highway 149, Lake City, CO 81235
1415 and 1425 N Highway 149, Lake City, CO 81235
1415 and 1425 N Highway 149, Lake City, CO 81235
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Kynlee Dailey

Kynlee Dailey

+1(580) 224-1904
$1,620,000
Est. payment /mo
4 Beds
4 Baths
2,782 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 2,782 sqft

Price per Sqft $582

MLS Listing ID 822672

Style Log,Cabin

Bedrooms 4

Full Baths 4

Year Built 1984

Annual Tax Amount $2,095

Tax Year 2024

Lot Size 1.214 Acres

Acres 1.214

Property Sub-Type Stick Built

Property Description

Spacious Log Home + Furnished Rental Duplex | $1,620,000 1425 & 1415 N. Hwy 149 | Lake City, Colorado Welcome to Rocky Top Vacation Rentals—a mountain home and established rental opportunity on 1.214 beautifully maintained acres just outside Lake City. The asking price includes BOTH the main residence at 1425 N. Highway 149 and the furnished duplex at 1415 N. Highway 149. Two buildings contain three units totaling approximately 5,141 sq ft, 7 bedrooms, and 7 bathrooms. The two duplex units together have averaged approximately $78,000 in gross annual rental income BEFORE operating expenses over the last 3 years. This income comes from the duplex alone. The main residence is owner-occupied and contributes no rental income to that figure. Live in the main home while operating the rentals, create a family mountain retreat, or explore renting the main residence for additional income. Located along Highway 149, the property offers visibility and signage, no HOA, and minimal covenants. Guests enjoy convenient highway access and backroad access to town and the Alpine Loop for ATVs and UTVs. THE SETTING & OPPORTUNITY Surrounded by fourteeners, public lands, and the San Juan Mountains, Lake City attracts hikers, off-roaders, anglers, hunters, ice climbers, and families. Nearby Lake San Cristobal and year-round recreation help bring visitors and Rocky Top's repeat guests back. Possibilities include: • Continue as an owner-occupied home with two furnished rentals. • Explore renting the main home to larger groups. • Create a multigenerational vacation compound. • Explore event, wedding, Jeep, or side-by-side rental opportunities. Potential additional uses are subject to applicable requirements. Projected additional gross annual rental income of $60,000 or more from the main residence is an estimate, separate from existing duplex income, and is not guaranteed. 1425 N. HWY 149 — MAIN RESIDENCE Approximately 2,782 Sq Ft | 3+ Bedrooms | 3 Bathrooms This spacious log home offers comfortable living, flexible gathering areas, and practical space supporting the rental operation. The main level features an open kitchen, dining, and living area with updated luxury vinyl plank flooring, covered deck access, a primary suite, an additional bedroom, and a second full bathroom. Upstairs includes a third bedroom and full bathroom, a craft/flex area, an additional room used as a bedroom, office or hobby space, and abundant eave storage. The basement provides linen cabinetry, a double washer-and-dryer setup, and generous storage and workspace. Heating includes a wood stove, propane gas stove, propane Rinnai heater, and supplemental electric heaters. Landscaped lawns with automatic sprinklers, a greenhouse, animal house and pen, shed, and equipment storage barn add utility and versatility. 1415 N. HWY 149 — FURNISHED RENTAL DUPLEX Approximately 2,359 Sq Ft Total | Two 2-Bedroom, 2-Bathroom Units South of the main home, the duplex contains two matching rental units responsible for the approximately $78,000 in combined gross annual rental income. Each features an open kitchen, dining, and living area; luxury vinyl plank flooring on the main level; a gas heating stove; vaulted ceilings; a main-level bedroom and full bathroom; and an upstairs bedroom and full bathroom. Staggered covered decks provide privacy and lead to grassy lawns with picnic tables and charcoal grills. Both units are offered fully furnished with updated décor. Rocky Top combines a spacious main residence, two furnished rentals, repeat clientele, and room to explore additional uses in the San Juan Mountains. Contact Robby Richardson for rental operating history, expense information, and a private showing.

Location

State CO

County Hinsdale

Area Lake City

Zoning Residential Single Family

Rooms

Basement Basement-finished

Interior

Interior Features Part Furnished

Heating Fireplace

Flooring Vinyl

Inclusions Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Furnishings Partially Furnished

Exterior

Parking Features Attached Garage

Garage Spaces 1.0

Utilities Available Electric, Internet, Phone - Cell Reception, Propane-Tank Leased, Propane-Tank Owned

Roof Type Metal

Building

Story One Story, Two Story

Foundation Basement-finished

Sewer Septic System

Water City Water

New Construction No

Schools

Elementary Schools Lake City K-12

Middle Schools Lake City K-12

High Schools Lake City K-12

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Colorado Real Estate Network (CREN) + Sold
Listed by Great Plains Land Company, LLC

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1415 and 1425 N Highway 149

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