This exceptional new construction, completed in 2022, custom home sets a new standard for luxury and quality in the area! Possessing breathtaking views of Mount Princeton, this custom-built residence offers not only an unparalleled living experience, but also a compelling business or investment opportunity! Beyond its allure as a private residence, this home presents a compelling business or investment opportunity. Currently utilized as a short-term rental, with the potential to continue in this capacity or transition to long-term rental, the property is situated in a Planned Unit Development (PUD) with separate short-term rental restrictions from Chaffee County, Buena Vista, and Salida. Historically, it has been rented through and managed by the Mount Princeton Hot Springs Resort, but is currently rented through Airbnb and VRBO. Both options are available to prospective investors further enhancing its appeal. Additionally, the home comes fully furnished and includes four passes to the Mount Princeton hot springs, offering added value and enjoyment for guests. Step inside and be greeted by a showcase of fine craftsmanship and premium materials. The interior features include granite countertops, reclaimed barn wood and beam accents, and luxury vinyl floors. Every detail has been carefully curated. Enjoy the cozy ambiance provided by the gas fireplace, with natural gas readily available. Each bedroom has private patio access, are equipped with their own vanity, and are generously sized for accommodating their present king-sized beds. There is a front and back patio for guests to enjoy. Outside, the beauty continues with the home's mountain contemporary design and meticulously landscaped grounds. Situated on a spacious 1-acre lot within a cul-de-sac, this property offers both privacy and convenience. Guests will also appreciate the nearby trail leading to the Mount Princeton Hot Springs Resort, providing easy walkable access to relaxation and recreation.
Offered By
John Magers johnemorymagers@gmail.com,719-221-4500, 8z Real Estate - ROCC
FIREPLACE FEATURESGas, Living Room, Single Fireplace
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
Utility FeaturesElectricity Available
SEWERSeptic, Septic Tank
WATER SOURCEWell
Year Built2022
BasementCrawl Space
ARCHITECTURAL STYLEChalet, Ranch
RoofFiberglass
Lot FeaturesGutters, Cul-De-Sac
Garage spaces2
ViewMountain
CITYNathrop
SUBDIVISIONTHE ESTATES AT MT PRINCETON
COUNTYChaffee
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT2125.0
LATEST UPDATE2024-08-23T11:22:55.555Z
DAYS ON MARKET78
PRICE CHANGE(S)
$1,520,000 Jun 5, 2024
$1,475,000 Jul 2, 2024
$1,390,000 Jul 18, 2024
CUMULATIVE DAYS ON MARKET78
Market Trends
New Properties On Market
7
75%
Increase In New Listings
Average Asking Price
$633,928
$191,572 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$271
$32 Decrease In List Price/Sq. Ft.
Average Days On Market
17
26 Day
Decrease In Days On Market
Data as of Sep 30, 2024.
Remaining statistics above are calculated on activity within the period from Jul 01, 2024 to Aug 31, 2024.
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