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For sale
  • $1,620,000

    1425 N Highway 149, Lake City, CO 81235

    7beds
    5,141sqft
    : 
    $9,111/mo
    Get pre-qualified
    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
    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.
    351 days
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    129
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    3
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    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

        DateEventPrice
        2/18/2026Price change$1,620,000-3%$315/sqft
        Source: REALSTACK #818976 Report a problem
        10/10/2025Price change$1,670,000+86.6%$325/sqft
        Source: REALSTACK #818976 Report a problem
        10/10/2025Price change$895,000-0.4%$174/sqft
        Source: CREN #826132 Report a problem
        9/11/2025Price change$899,000-46.3%$175/sqft
        Source: REALSTACK #85085 Report a problem
        9/11/2025Price change$1,675,000+86.3%$326/sqft
        Source: REALSTACK #818976 Report a problem
        7/3/2025Listed for sale$899,000-59.1%$175/sqft
        Source: CREN #826132 Report a problem
        5/7/2025Listing removed$2,200,000$428/sqft
        Source: CREN #818976 Report a problem
        4/30/2025Price change$2,200,000-8.3%$428/sqft
        Source: CREN #818976 Report a problem
        1/10/2025Price change$2,399,000-7.7%$467/sqft
        Source: CREN #818976 Report a problem
        10/24/2024Listed for sale$2,599,000$506/sqft
        Source: CREN #818976 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 81235

        Getting around

        22 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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