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Key Details
Sold Price $568,500
Property Type Multi-Family
Sub Type SF Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6803642
Sold Date 03/15/24
HOA Y/N No
Year Built 1963
Annual Tax Amount $1,848
Tax Year 2022
Lot Size 0.500 Acres
Property Description
Owners have recently rented the unit as a short term rental on VRBO and Air B&B and have strong rental income records. Inquire for more details. Nestled in the trees this cozy cabin is situated on a private half acre lot in the heart of The Historic Pinecrest. This updated home features modern updates with rustic charm. Views of soaring pines and Monument Creek are an added bonus. The main floor is flooded with natural light, features original hardwood floors, a wood burning stove, open floor concept, fully renovated kitchen and powder bath. Entertaining is easy in the fully remodeled kitchen w/ open shelving butcher block counters, a newly added gas stove, range hood, and new stainless steel appliances. The spacious deck with over 600 sq ft is a highlight of the main floor. The primary suite is spacious private oasis with dreamy views. In the primary suite you will find extra flex space perfect for a study, formal sitting, nursery, gym or possibly a 3rd bedroom. Updated systems include the electrical panels and hot water heater. A rare find in Pinecrest this home has an attached garage and oversized 8'3" garage door! Adjacent to the garage is a heated workshop + storage room. Enjoy outdoors on the spacious wrap around deck or in the charming front yard. Explore the land with over a half acre this property features 2 lots. At Palmer Lake Recreation Area enjoy year round events along with paddle boarding, kayak/rowing, fishing and even winter sports on the ice. Hiking options are abundant at the Palmer Lake Reservoir Trailhead, Santa Fe Open Space and Limbaugh Canyon. Walk to Downtown Palmer Lake and dine at O'Malleys Steak Pub, Rock House Ice Cream, Speed Trap, 105 Social House and Bella Panini. For more details call or email me on financials. This home was a STR for all but 1.5 months in 2023. It had an 84% annual occupancy rate. 95% occupancy rate for June-Sept in 2023. The owner has 123/125 reviews that are 5.0 stars with an average of 4.98 stars.
Location
State CO
County El Paso
Area Pinecrest At Palmer Lake
Interior
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplaces Number 1
Fireplaces Type Basement, Insert, Main Level, Wood Burning Stove, Wood Burning
Laundry Electric Hook-up
Exterior
Garage Spaces 1.0
Fence None
Utilities Available Cable Available, Electricity Connected, Natural Gas Available
Roof Type Composite Shingle
Building
Foundation Full Basement, Walk Out
Water Municipal
Structure Type Frame
Schools
School District Lewis-Palmer-38
Others
Special Listing Condition Not Applicable
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