38283 Highway 24

Lake George, CO 80827

$895,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing investment property with numerous revenue generating possibilities. This property has amazing potential for many different purposes. Featured in the property are a 1,200 square foot cafe area; 1,150 square foot bar/office area; 690 square foot operating retail fly shop; newly remodeled 1 bedroom apartment; detached 520 square foot newly remodeled studio apartment with a new 6 x 24 wooden deck. Commercial well installed in 2017. Commercial septic system installed in 2017. New furnace in 2023....Amazing investment property with numerous revenue generating possibilities. This property has amazing potential for many different purposes. Featured in the property are a 1,200 square foot cafe area; 1,150 square foot bar/office area; 690 square foot operating retail fly shop; newly remodeled 1 bedroom apartment; detached 520 square foot newly remodeled studio apartment with a new 6 x 24 wooden deck. Commercial well installed in 2017. Commercial septic system installed in 2017. New furnace in 2023. Dual pane windows with transferrable lifetime warranty. This property has a minimum of 7 different revenue generating possibilities. The 1.37-acre property includes mixed use 0.34-acre lot as well as a 0.68 residential lot. This property is ideal for transforming into a bustling hotspot for tourists and locals. Whether you're whipping up culinary delights for hungry guests or outfitting anglers for a day on the nearby lakes and rivers, the possibilities here are as vast as the surrounding landscapes. Natura lovers will thrive with the Eleven Mile Canyn Recreation Area only a stone's throw away. Engage in endless outdoor activities ranging from fishing at the acclaimed Eleven Mile and Spinney Mountain Reservoirs to exploring scenic trails that promises breathtaking views and heart-pumping adventures. This property benefits from significant traffic and excellent visibility on US-24 making it a strategic spot for any business. In addition, the residential units provide flexibility for on-site management or additional rental income. If you're looking for a property that combines business potential and lifestyle opportunities, look no further.
  1. Listed by Michael Slaback • Your Neighborhood Realty, Inc.
  2. Listed by Staci Quevillon • Your Neighborhood Realty, Inc.

Property Details for 38283 Highway 24

Roof
Composite Shingle
Structure
Frame
Foundation Details
Partial Basement
LISTING UPDATED: 07/02/2024 09:46 AM

Property Details for 38283 Highway 24

StatusActive
MLS #9945721
Days on Compass184
Taxes$3,105 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Mix Use
Year Built1947
Lot Size1.37 AC / 59,590 SF
CountyPark County

Building Information for 38283 Highway 24

Stories-Residences-Year Built1947Building Size-Lot Size1.37 AC / 59,590 SF

Property Information for 38283 Highway 24

Summary
Location and General Information
  • School District: Park RE-2
Taxes and HOA Information
  • Tax Year: 2023
Property
Property and Assessments
  • Construction Status: Existing
Utilities
  • Heating: Electric
  • Cooling: Ceiling Fan(s)
  • Utilities: Electricity Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Siding: Log
Interior Features
  • Laundry Facilites: Common
Multi Family
Unit 1
  • Baths: 6
  • Beds: 1
  • Furnished: No
  • Num Garage: 0
  • Occupied: No
  • Sq Ft: 4300.0

Property History for 38283 Highway 24

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 38283 Highway 24

Taxable ValueLand$10,820Additions$84,407Total$95,227
Tax Record2023$3,105 ($259 / month)
Home Facts
Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories1Lot Size14,810 SqFtStyleStoresYear Built1947Year Renovated1954CountyPARKAPNR0036878

Schools near 38283 Highway 24

This home is within Park County Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Edith Teter Elementary School
PublicPK to 5

Silverheels Middle School
Public6 to 8

South Park High School
Public9 to 12

Lake George Charter School
CharterPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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38283 Highway 24 is a multi-family home for sale in Lake George, CO 80827. This property was listed for sale on June 25, 2024 by Your Neighborhood Realty, Inc., it's currently listed at $895,000. It has been on the market for a total of 184 days and was last sold on July 9, 2021. This listing's school district is Park County Re-2 School District. Nearby schools include Edith Teter Elementary School, Silverheels Middle School and South Park High School. 38283 Highway 24 is a 0-bed, 0-bath, multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Your Neighborhood Realty, Inc., Michael Slaback; Your Neighborhood Realty, Inc., Staci Quevillon

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.