311 Pioneer Rd, Golden, CO 80403

$1,750,000
2
BD
2
BA
2,450
SqFt

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Listing courtesy of Nicholas Melzer.

nick.melzer@compass.com,720-725-1235

List Price
$1,750,000
Status
ACTIVE
Price Change
▼ $230,000 1779834217
MLS#
3212164
Subtype
Residential
Style
A-Frame
New Construction
Yes
Year Built
2023
Bedrooms
2
Bathrooms
2
Full Baths
1
Living Area
2,450
Acres
2.38
Subdivision
n/a
MLS Area Major
Suburban Mountains

Property Description

Don't 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 won't find anywhere else, privacy, views for miles, and a location practically in the State Park that's 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 you're looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio.

Additional Information

Interior Features
Eat-In Kitchen, Vaulted/Cathedral Ceilings, Open Floor Plan
Exterior Features
Hot Tub
Taxes
$2,391
Property Description
A-Frame
Zoning
Rural Residential
Appliances
Downdraft, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer, Disposal
Heating
Radiant
Levels
Two
Roof
Metal
Parking Features
Off Street
Garage Spaces
6
School District
Gilpin
Elementary School
Gilpin County School
Middle School
Gilpin County School
High School
Gilpin County School
View
Mountain(s), Mountain(s)

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