Skip main navigation
Sold cren member
  • $515,000

    928 Ocean Wave Drive, Lake City, CO 81235

    --beds
    3,750sqft
    Apartment
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $137/sqft
    $1,733 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,733/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,733/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,733/mo

    Rent Zestimate®

    Refinance and save

    $2,902/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,902/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Murphy C:719-849-1441,

    Murphy Real Estate,

    Sandy Murphy,

    Murphy Real Estate

    Bought with:

    Gregory McCallum, ER40023460

    Colorado Mountain Retreats Realty, Inc.

    Source: CREN,MLS#: 812223MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 8
    • 3/4 bathrooms: 7
    • 1/2 bathrooms: 1
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Carpet, Laminate, Linoleum, Tile
    Interior area
    • Total structure area: 3,750
    • Total interior livable area: 3,750 sqft

    Property

    Parking
    • Parking features: 1 per unit
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Mountain(s)
    • Frontage length: 50'-75' Frontage
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 450927110002
    • Zoning description: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Metal Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: City Sewer
    • Water: City Water
    • Utilities for property: Metered for Electricity

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Lake City

    Financial & listing details

    • Price per square foot: $137/sqft
    • Tax assessed value: $457,680
    • Annual tax amount: $2,011
    • Date on market: 6/16/2026
    • Listing terms: Cash,Conventional,Owner Will Carry

    Price history

    DateEventPrice
    6/16/2026Sold$515,000-6.4%$137/sqft
    Source: CREN #812223 Report a problem
    3/6/2026Price change$550,000-8.3%$147/sqft
    Source: CREN #812223 Report a problem
    11/3/2025Listed for sale$600,000$160/sqft
    Source: CREN #812223 Report a problem
    10/24/2025Listing removed$600,000$160/sqft
    Source: CREN #812223 Report a problem
    4/2/2025Listed for sale$600,000-7.6%$160/sqft
    Source: CREN #812223 Report a problem
    1/31/2025Listing removed$649,000$173/sqft
    Source: CREN #812223 Report a problem
    1/24/2025Price change$649,000-7.2%$173/sqft
    Source: CREN #812223 Report a problem
    4/4/2024Listed for sale$699,000$186/sqft
    Source: CREN #812223 Report a problem
    4/3/2024Listing removed--
    Source: CREN #811362 Report a problem
    3/6/2024Listed for sale$699,000$186/sqft
    Source: CREN #811362 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,793 +7.7%$93,070 -0.5%
    2023$4,452 +1.4%$93,500 +27.8%
    2022$4,388 +6.5%$73,160 -0.4%
    2021$4,119 +102886%$73,430 +1.9%
    2020$4 -99.9%$72,070
    2019$4,108 -1.4%$72,070 -0.1%
    2018$4,169 +6%$72,130
    2017$3,932 +13.8%$72,130 +13.8%
    2016$3,454 -0.1%$63,410
    2015$3,457 +1.5%$63,410 +1.2%
    2014$3,404 +5.1%$62,670
    2013$3,240 $62,670
    Find assessor info on the county website

    Neighborhood: 81235

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake City K-12
    • Middle: Lake City K-12
    • High: Lake City K-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.