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Edwards,CO 81632
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 8,467 sqft
Price per Sqft $823
MLS Listing ID 1012557
Bedrooms 10
Full Baths 7
Three Quarter Bath 1
Year Built 2001
Annual Tax Amount $14,383
Tax Year 2024
Lot Size 0.591 Acres
Property Sub-Type Single Family Residence
Property Description
A one-of-a-kind Single Family investment opportunity on the banks of the Eagle River in Edwards, Colorado, this property combines rare rental potential with unbeatable riverfront living. Offering four separate residences within a single-family home, it presents a unique chance to generate income while enjoying a private primary residence. The current rent roll includes a one-bedroom/one-bath unit at $2,500 per month ($30,000 annually), a two-bedroom/one-bath unit at $3,800 per month ($45,600 annually), and a three-bedroom/two-bath unit at $5,000 per month ($60,000 annually). The four-bedroom/three-bath primary residence is currently owner-occupied but could command strong cash flow in an area where opportunities like this are rare.
The location is just as valuable as the income. Positioned at the corner of Highway 6 and Reserve Road, the home is minutes from Beaver Creek ski resort, within walking distance to Edwards and Battle Mountain High School, Freedom Park soccer fields, and Riverwalk's shops, restaurants, and entertainment. ECO Bus pickup sits just across the highway, making transportation easy and convenient.
Privately set along the Eagle River, the property offers multiple large decks with expansive views, direct river access, and a riverside patio with outdoor fire pit. Natural river rock coves provide the perfect spot to cool off on summer days, while a recently updated backyard enhances its year-round appeal.
With its unique blend of strong rental income, private riverfront amenities, and central Edwards location, this is a truly rare offering that pairs lifestyle and investment in one remarkable property.
Location
State CO
County Eagle
Community Other
Area Edwards
Zoning Residential
Interior
Heating Radiant,Radiant Floor
Cooling Ceiling Fan(s),None
Flooring Carpet,Tile,Wood
Fireplaces Type Gas
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features Attached Garage,Surface
Garage Spaces 2.0
Garage Description 2.0
Community Features Cross Country Trail(s),Near Public Transit
Utilities Available Cable Available,Electricity Available,Internet,Natural Gas Available,Sewer Connected,Snow Removal,Trash,Water Available
Waterfront Description true
View Meadow,Mountain(s),River,South Facing,Trees/Woods
Roof Type Asphalt,See Remarks
Building
Lot Description Near Public Transit,See Remarks
Foundation Poured in Place
Others
Acceptable Financing New Loan
Listing Terms New Loan
Special Listing Condition None