922 Peak View Drive Estes Park, CO ^$ 899,000

922 Peak View Drive

^$ 899,000

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922 Peak View Drive

Estes Park, CO, 80517

^$ 899,000

Studio Baths0.0 Sq 3,128

Monthly Estimate*

^$ 5,975

Listed by RE/MAX Mountain Brokers

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Studio

Multi-Family Home for sale in Estes Park, CO

for $899,000. This 3,128 square foot home was built in 1973 on a lot size of 0.54.

This duplex presents a rare opportunity for investors and homeowners alike. It is comprised of a 3-bedroom, 2-bath unit alongside a 2-bedroom, 2-bath counterpart, each residence has the convenience of in-unit laundry and its own garage. Both units could be EASILY RENTED immediately prior to any updating. Both have a fireplace and a covered deck overlooking fenced yards and a view of Twin Sister Peaks. The decks are perfect for dining or morning coffee. Beyond the allure of these features lies an investment potential, the duplex promises dual income streams, enabling you to capitalize on Estes Park's thriving tourism industry or potentially housing the people who work there. Whether you choose to reside in one unit and lease the other or expand your real estate portfolio, the possibilities for financial gain are available. Parking and storage are never a concern with the inclusion of a single-car attached garage for each unit, supplemented by the rarity of a spacious 2-car detached garage and workshop area. As additional income consider renting the 2-car garage. Further elevating its appeal, the property has a new roof installed in 2018 and a heated 972sf storage area below the 2 bedroom unit. Additionally, the existing furnishings in the 3 bedroom side, including a lodge pole bed, offer the opportunity to seamlessly transition into this property. Experience mountain living and investment potential in this Estes Park duplex, where convenience and opportunity converge. There is a ring doorbell on the door of 922 Peak View.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,387

Style

Lot Size

0.54

Year Built

1973

Town/City

Estes Park

County/Region

Larimer

MLS | Web ID

IR1007633

Features

General

Interior Features Walk-In Closet(s)

Heating Baseboard Hot Water

Cooling Ceiling Fan(s)

Utilities Cable Available Electricity Available Internet Access (Wired) Natural Gas Available

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Disposal Dryer Microwave Oven Refrigerator Washer

Exterior Features Gas Grill

Zoning R-2

Patio/Porch Features Deck

Security Features Smoke Detector(s)

Construction Materials Wood Frame

Year Built 1973

Tenant Pays Electricity Gas Water

View Mountain(s)

Levels Two

Property SubType Duplex

Tax Year 2023

Percent Ownership Individual

Gross Income 0

County Larimer

Net Operating Income 50735

Operating Expense 11665

Property Type Residential Income

HOA / Comm Assn N

Subdivision Name Highacres

Facing Direction North

Possible Use Multi-Family

Status Active

Directions HWY 7 West on Peak View Dr. Property on the Left.

High School Estes Park

City Estes Park

Buyer Agent Compensation 2.50

High School District Estes Park R-3

NumberOfUnitsTotal 2

Lot Size Square Feet 23400

Street Name Peak View

Listing Terms Cash Conventional FHA VA Loan

Elementary School Estes Park

Tax Annual Amount 4387

Middle/Junior High School Estes Park

Standard Status Active

Occupancy Type Owner

Elementary School District Estes Park R-3

Cap Rate 5.64

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Window Features Window Coverings

Main Level Bedrooms 0

Exterior

Vegetation Wooded

Fencing Fenced

Lot Features Level

Water Source Public

Total Parking 4

Building Area Total 3128

Street Suffix Drive

Lot Size Acres 0.54

Road Surface Type Paved

Road Frontage Type Public

Internal Only

Street Number 1 922

* Excluded Features

List By

Re/Max Mountain Brokers

Broker

(480) 695-9293

Phone

Affordability Calculator

$6,341

Per Month

Monthly Principal & Interest: $5,975
Monthly Property Taxes: $366
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Estes Park, CO

Average List Price ^$1,039,667

Percent of Sale Price 16%

About Estes Park, CO

6,340 Population

14% Since 2002

^$52,486 Median Income

53.53 Median Age

12% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3042974 Elementary School

3043415 Middle School

Estes Park High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/19/2024	$899,000		Listed Price

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922 Peak View Drive, Estes Park, CO, 80517 is a Multi-Family Home for sale at $899,000 with 3,128 sqft and a lot size of 0.54. 922 Peak View Drive is a studio with 0.0 baths and was built in 1973. The property's zip code is 80517 which is in Estes Park, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/13/2024.

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922 Peak View Drive

Multi-Family Home for sale in Estes Park, CO

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