$835,000
Redstone, CO 81623
MLS# 167241
Status: Closed
3 beds | 3 baths | 2312 sqft
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Property Description
Two residential units and a commercial space on the Crystal, take full advantage of the ''village commercial'' zoning and put it at its highest and best use, whatever that means for you. This property generated over $87,000 of rental income last year. A charming piece of Colorado dream that is both a smart and a beautiful buy. You can't go wrong with this property: use it as an investment and enjoy a second home, live on site and run a business downstairs, make it just one house with a guest quarter... sky's the limit. One thing will remain: the sound of the Crystal River flowing in the backyard. Your Colorado dream pays for itself! The Redstone Historic District is a timeless place where memories get created. A rare opportunity!Sold fully furnished for a smooth transition, or unfurnished if the buyer desires so.
Details
Maps
Documents
Location Info
Current Price: $749,500
Type: Single Family Residence
Right of First Refusal: Yes
Major Area: Redstone/Crystal Valley
Area: 08-Redstone
Original List Price: 835000
Asking Price: 835000
Street #: 385
Street Name: Redstone
Street Suffix: Boulevard
City/Town: Redstone
State/Province: CO
Postal Code: 81623
Furnished: Yes
Keywords Info
Bedrooms: 3
Total Baths: 3
Baths - Full: 2
Baths - Half: 1
Lot Size: 12,001 - 22,000
Acreage: Refer to Lot Size
Garage: None
Pre-Fabricated Home: No
Listing Info
Listing Date: 2020-10-23
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
County: Pitkin
General Info
Sub/Loc: Crystal River
Legal: Subdivision: KISTLER Block: 4 Lot: 1A AMENDED LOTS 1 & 2
Zoning: Village Commercial
Nbr of Acres: 0.4
Lot SqFt: 18750
Lv Ht SqFt: 2312
Total SqFt: 2312
Price/LvH SqFt: 361.16
Levels: 2
Main Floor Master: No
Short Termable: Yes
Year Built: 1958
Year Remodeled: 1995
Parcel #: 272917404001
Directions: Middle of Redstone on the river side of the Boulevard.
Financing Info
Metro Tax District: No
Taxes: 6954.32
Tax Year: 2019
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2020-11-13
Proposed Close Date: 2020-12-03
Sold Date: 2021-01-06
Sold Price: $749,500
Sold Price Per/SF: 324.18
How Sold: Exchange
Remarks
Public Remarks: Two residential units and a commercial space on the Crystal, take full advantage of the ''village commercial'' zoning and put it at its highest and best use, whatever that means for you. This property generated over $87,000 of rental income last year. A charming piece of Colorado dream that is both a smart and a beautiful buy.
You can't go wrong with this property: use it as an investment and enjoy a second home, live on site and run a business downstairs, make it just one house with a guest quarter... sky's the limit. One thing will remain: the sound of the Crystal River flowing in the backyard. Your Colorado dream pays for itself!
The Redstone Historic District is a timeless place where memories get created. A rare opportunity!Sold fully furnished for a smooth transition, or unfurnished if the buyer desires so.
Fireplace
# Fireplaces: 1
Property Features
Style: Cabin; Two Story
Roof: Composition Shingles
Condition: Good
Heating: Baseboard; Hot Water; Natural Gas; Radiant
Gas: Propane
Water: Community
Cooling: None
Sanitation: Sewer
Fireplace: Gas
Carport: None
Parking Area: Common
Possession: Subject to Lease
Extras: Guest/Caretaker Qtrs; Landscaping; Patio/Deck; Storage Shed
Terms Offered: Cash; New Loan
Disclosures: 1031 Exchange; Right of 1st Refusal; Seller Lic RE Agent
Mineral Rights: No
Water Rights: No
Documents on File: Financials
Location Amenities: River Frontage; Trees; Views
Sign: No
Unit Faces: East
Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; See Remarks; Washer; Window Coverings
Supplements
Sold fully furnished for a smooth transition, or unfurnished if the buyer desires so.
Financials 2019 
Listing Office: Integrated Mountain Properties
Last Updated: January - 11 - 2021
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
(970) 945-7653