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311 Pioneer Road , Golden, CO 80403

$1,980,000
  • 311 Pioneer Road , Golden, CO 80403 Main Photo

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Active
BEDS3 BATHS5 SQUARE FEET3,374 MLS#7987160
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLGilpin RE-1

Listing Courtesy of: Compass - Denver
Agency Contact: nick.melzer@compass.com,720-725-1235
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Property Description

Dont miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be owner-occupied or rented on a 30-day+ basis, and one of them can be rented on a short term basis with a Gilpin County STR permit (and without a wait if owner-occupied). Assuming steady performance from the A-Frame as an STR and using very conservative assumptions for the rental of the ADU, you could easily achieve an 8%+ cap rate at this asking price. With a sought-after style you simply wont find anywhere else, privacy, views for miles, and a location practically in the State Park thats only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether youre looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio.

311 Pioneer Road | MLS# 7987160

This multi-family property located at 311 Pioneer Road , Golden, CO 80403 is currently listed for sale with an asking price of $1,980,000. Pioneer Road is located within the Gilpin RE-1 school district. Search Golden real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Walk-Out Access
Cooling: None
Fireplaces: 2
Heating: Radiant Floor
Home Style: A-Frame, Bungalow
Lot Size: 2.38 Acres
Roof Type: Composition, Metal
Stories: 2.0
Taxes: $2,391
Year Built: 2023

Amenities

Balcony
Lighting
Private Yard
Rain Gutters
Spa/Hot Tub

Feature Descriptions

Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Baths Total: 5
Days on Site: 16
Exclusions: Sellers and tenants personal property.
Exterior: Concrete, Frame, Metal Siding, Wood Siding
Fencing: None
Fireplace: Great Room, Wood Burning, Wood Burning Stove
Flooring: Laminate, Tile, Vinyl
Hot Tub: Yes
Lot: Fire Mitigation, Foothills, Open Space, Rock Outcropping, Secluded
Parcel#: 1711-144-00-026
Patio/Porch: Deck, Patio
Sewer: Septic Tank
Special View Info: Mountain(s), Valley
Utilities: Electricity Connected, Phone Available, Propane
Water: Well

Local Schools

High School: Gilpin County School
Middle School: Gilpin County School
Elementary School: Gilpin County School
School District: Gilpin RE-1

Listed By / Shown By

Listed By

Agency Name: Compass - Denver
Agency Contact: nick.melzer@compass.com,720-725-1235

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimate Your Payment

Estimated Payment

$ 11,852.31 per month $11,075.56 Principal & Interest $199.25 Property Tax $577.50 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

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