Turnkey Mountain Investment - Rocky Top Vacation Rentals
1425 & 1415 N. Hwy 149 | Lake City
Welcome to Rocky Top Vacation Rentals - a rare, income-producing mountain retreat offering 7 bedrooms, 7 bathrooms, and 5,141 sq ft across three immaculate log cabin units on 1.214 beautifully maintained acres. Generating $78,000 annually with room for significant upside, this is the turnkey investment opportunity buyers wait for in Lake City.
Perfectly positioned just outside of town along Hwy 149, the property offers excellent visibility and signage, no short-term rental permit required, no HOA, and minimal covenants. Guests enjoy convenient highway access while still being able to reach town and the legendary Alpine Loop via backroads for ATVs and UTVs - a major draw for adventure travelers.
The Setting & Opportunity
Lake City is a magnet for outdoor enthusiasts, surrounded by fourteeners, vast public lands, and home to Lake San Cristobal - the largest natural lake in Colorado. Hikers, off-roaders, anglers, hunters, ice climbers, and families return year after year - and so do Rocky Top's loyal guests.
The possibilities here are expansive:
Continue operating as a residence + thriving rental business
Convert the main home into an additional high-capacity rental
Create a multi-generational family vacation compound
Explore event or wedding venue potential
1425 N. Hwy 149 - Main Residence (2,782 Sq Ft | 3+ Bedrooms | 3 Baths)
Currently owner-occupied, this spacious log home could easily become an additional premium rental for larger groups.
The main level features:
Open-concept kitchen, dining, and living areas with new LPV flooring
Covered deck access for grilling and soaking in mountain views
Primary suite + additional bedroom and full bath
Upstairs:
Third bedroom and full bath
Flex space currently used as a craft area
Additional room used as a bedroom
Man cave/storage/office space
Abundant eave storage throughout
The basement was thoughtfully designed for rental operations, offering:
Linen cabinetry
Double washer/dryer setup
Generous storage and workspace
Heating options include an efficient wood stove, propane gas stove, propane Rinnai heater, and supplemental electric heaters - ensuring comfort year-round.
The grounds feature lush lawns with automatic sprinklers, a greenhouse, animal house/pen, shed, and equipment storage barn - adding both charm and utility.
1415 N. Hwy 149 - Duplex (2,359 Sq Ft Total | Two 2BR/2BA Units)
South of the main residence sits a beautifully designed duplex with two matching 2-bedroom, 2-bath units.
Each unit offers:
Open kitchen, dining, and living area
LPV flooring on the main level
Gas wood-burning stove
Vaulted ceilings
Main-level bedroom and full bath
Upper-level bedroom and full bath
Covered decks are staggered for privacy and step down to grassy lawns with picnic tables and charcoal grills for each unit - perfect for relaxing after a day on the trails.
The duplex comes fully furnished with updated decor, making this a seamless, ready-to-operate investment.
The Bottom Line
With consistent year-round rental history, repeat clientele, expansion potential, and an unbeatable location in one of Colorado's most recreation-rich regions, Rocky Top Vacation Rentals is more than a property - it's a lifestyle business with room to grow.
Opportunities like this in Lake City are exceptionally rare.
Invest. Expand. Escape.
For sale
$1,620,000
1425 N Highway 149, Lake City, CO 81235
7beds
5,141sqft
Single Family Residence
Built in ----
1.21 Acres Lot
$849,800 Zestimate®
$315/sqft
$-- HOA
What's special
Stylish lpv floorsEquipment storage barnCraft areaVaulted ceilingsGrassy lawnMaster bedroom and bathroomGas wood burning stoves
- 352 days
- 124
- 3
Zillow last checked:
Listed by:
Robby Richardson,
Great Plains Land Company 719-649-3378
Source: REALSTACK,MLS#: 818976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Features
- Has basement: No
Interior area
- Total structure area: 5,141
- Total interior livable area: 5,141 sqft
Video & virtual tour
Property
Lot
- Size: 1.21 Acres
Details
- Parcel number: R003196
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $611,340
- Annual tax amount: $2,106
- Date on market: 9/11/2025
- Lease term: Contact For Details
Estimated market value
$849,800
$807,000 - $892,000
$2,789/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Price change | $1,620,000-3%$315/sqft |
Source: REALSTACK #818976 Report a problem | ||
| 10/10/2025 | Price change | $1,670,000+86.6%$325/sqft |
Source: REALSTACK #818976 Report a problem | ||
| 10/10/2025 | Price change | $895,000-0.4%$174/sqft |
Source: | ||
| 9/11/2025 | Price change | $899,000-46.3%$175/sqft |
Source: REALSTACK #85085 Report a problem | ||
| 9/11/2025 | Price change | $1,675,000+86.3%$326/sqft |
Source: REALSTACK #818976 Report a problem | ||
| 7/3/2025 | Listed for sale | $899,000-59.1%$175/sqft |
Source: | ||
| 5/7/2025 | Listing removed | $2,200,000$428/sqft |
Source: | ||
| 4/30/2025 | Price change | $2,200,000-8.3%$428/sqft |
Source: | ||
| 1/10/2025 | Price change | $2,399,000-7.7%$467/sqft |
Source: | ||
| 10/24/2024 | Listed for sale | $2,599,000$506/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,106 +84.2% | $38,210 +61.5% |
| 2024 | $1,144 -2.6% | $23,660 -3.6% |
| 2023 | $1,175 -0.9% | $24,550 +18.3% |
| 2022 | $1,185 +4.9% | $20,760 -2.8% |
| 2021 | $1,130 | $21,360 |
| 2020 | -- | $21,360 |
| 2019 | $1,127 -2.2% | $21,360 -0.7% |
| 2018 | $1,151 +6.5% | $21,510 |
| 2017 | $1,081 -9.5% | $21,510 -9.5% |
| 2016 | $1,194 -0.1% | $23,780 |
| 2015 | $1,195 +4.8% | $23,780 +4.4% |
| 2014 | $1,141 +3.5% | $22,780 |
| 2013 | $1,102 | $22,780 |
Find assessor info on the county website
Monthly payment
Est. payment




