$1,499,000
For Sale

2220 Lee Circle Drive

Woodland Park, CO 80863
Browse 50 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Presenting an exceptional opportunity for short-term or long-term rentals. 5 acres, 3 homes, & located adjacent to Nat'l Forest, for easy access & an endless yard! Both cabins have a track record of rental success & are turn-key ready to be rented in the short-term (VRBO or Airbnb) market. Located in Teller County, outside of Woodland Park, this property is not subject to the recent short-term rental moratorium. Live comfortably in the main home & let the cabin's help cover your mortgage payment, insurance & operating expenses. The main home is a rancher incl. a living area w/ moss rock gas fireplace, built-in bookcases & vaulted ceilings. Gourmet kitchen w/ maple pull out cabinetry & center island, sits atop hardwood flooring w/ an adjacent dining area. 3 main level bedrooms, 2 baths, 3 car garage: LL includes a family room w/ wood-burning stove, workshop area, & attached guest suite w/ its own entrance, equipped w/ a 3/4 bath & walk-in closet. New carpeting, interior & exterior paint, new sheetrock, renovated baths, new lighting, LVP flooring, fixtures, & new furnace in 2022. 2nd home is a 1000+sf log cabin, w/ vaulted living space including a river rock fireplace, comfortable kitchen & dining + 2 bedrooms, 1 full bath, & laundry, situated overlooking Pikes Peak, freshly stained, new interior paint, carpet & LVP flooring in the bath, + new furnace & water heater. 3rd home is the original 1936 log cabin, 656 sf of coziness incl. 1 bedroom, living room with gas fireplace, quaint kitchen, & 3/4 bath + a loft for extra space, overlooking impressive views of Pikes Peak, also includes fresh exterior stain, & new furnace & hot water heater. All 3 homes have septic systems, metal roofing, 2 homes are serviced by city water, while one cabin is served by a well, natural gas services all homes. 720 sf pole barn for boats, RV, & extra storage! As short-term rentals, w/ modest occupancy & affordable rental rates, the cabins can produce income to cover your monthly payments.

  • Property Details
      • School DistrictWoodland Park RE2
      • RegionWoodland Park
      • Property TypeMulti-Family
      • Exterior FeaturesLog, Wood
      • MLS #9533554
      • Cost1499000
      • Property SubtypeSF Home
      • MLS #9533554
      • CountyTeller
      • RoofMetal
      • Year Built1972

Location

Cerena Paterson | Realty One Group ApexReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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