311 Pioneer Road, Golden, CO 80403
- $1,750,000
- 3
- BD
- 5
- BA
- 2,450
- SqFt
Courtesy of Compass - Denver . nick.melzer@compass.com,720-725-1235
- List Price
- $1,750,000
- Status
- ACTIVE
- Days on Market
- 85
- Price Change
- ▼ $230,000 1779833636
- MLS#
- 7987160
- Style
- A-Frame, Bungalow
- New Construction
- Yes
- Year Built
- 2023
- Bedrooms
- 3
- Bathrooms
- 5
- Living Area
- 2,450
- Lot Size
- 103,672
- Acres
- 2.38
- Subdivision
- n/a
- Neighborhood
- n/a
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
- Exterior Features
- Balcony, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub
- Taxes
- $2,391
- Property Description
- A-Frame, Bungalow
- Zoning
- Rural Residential
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
- Heating
- Radiant Floor
- Air Conditioning
- None
- Levels
- Two
- Roof
- Composition, Metal
- School District
- Gilpin RE-1
- Elementary School
- Gilpin County School
- Middle School
- Gilpin County School
- High School
- Gilpin County School
- View
- Mountain(s), Valley
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than You 1st Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions