This is a once in a life time opportunity to own a part of Crestone Downtown. Four properties bundled together offer unlimited possibilities. These properties may be convert for different usage as commercial. A project design was created offering 30 underground parking spaces and with 2 levels multi/use apartments on second floor and commercial business at ground level.. Greenhouses/ walipini and park like art studio. Also included is a beautiful house with income an income/ producing apartment and a second small house with a barn that can be renovated . Bring you creativity. This is a once-in-a-lifetime opportunity to own a part of Downtown Crestone, Colorado. Four properties bundled together, located in Downtown Crestone, with potential to convert into commercial usage. The total package includes: A large, beautiful house with a significant income-producing apartment, formerly an Airbnb A small, charming cottage, with barn offering renovation potential. C Two undeveloped lots for a total of four lots, all fronting on West Silver Avenue and next to a park and creek. Beautiful house in Downtown This unique, beautiful, quiet property, located in Downtown Crestone, is surrounded by trees and nature. The subdivision is named Deer Park and today remains a sanctuary for dear as they birth and care for their young ones.. Crestone is internationally known as a spiritual mecca with a registered vortex and this property is located on the main one. This property is a quick walk to restaurants, stores, organic market, art gallery, post office, entertainment center, etc. The house has been redecorated by a creative artist and designer. The great room ceiling reaches upwards an expansive, sixteen feet, with large windows opening views of the majestic Sangre de Cristo Wilderness. The downstairs great room has sliding glass doors opening to a garden area with two wooden raised beds, as well as a composter, storage, and hammock, The garden area is surrounded by bamboo fencing. The kitchen has been completely changed with walls made of stone, custom designed lighting and a large functional island, in all creating an impressive architectural statement. The house includes two bedrooms and two full bathrooms, with a separate pantry, separate room with shelves for food storage, an isolated room for a freeze dryer. The recently added bedroom downstairs is made of cedar and opens to an imposing office and bathroom. The upstairs area includes one bedroom, one full bathroom. and a high end laundry area which is shared with the apartment rental. In addition, the upstairs includes a private apartment, with a private entrance and separate parking area. It has a beautiful living area with high ceiling, a new wood-burning stove, sliding glass doors opening to inviting, private deck with large octagonal umbrella, chaise lounge, attractive table and four chairs. The apartment includes two bedrooms, a large pantry and closet room, a bathroom, kitchen. The master bedroom also has sliding glass doors opening onto the deck. The kitchen includes a high-end gas stove, and the bathroom includes a high end shower. The apartment is truly a magical place where you feel you are living in a tree house. It has been a successful Airbnb that averaged $3,000 per month and is now a long-term rental, generally producing $1,800 of monthly income.
Off market
$350,234
248 W Silver Ave, Crestone, CO 81131
4beds
3,600sqft
SingleFamily
Built in 1959
0.69 Acres Lot
$-- Zestimate®
$97/sqft
$3,058 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Stove, Wood / Pellet
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,600 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, Off-street, On-street
Features
- Exterior features: Stucco
- Has view: Yes
- View description: Park, City, Mountain
Lot
- Size: 0.69 Acres
Details
- Parcel number: 460407342019
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- Year built: 1959
Community & neighborhood
Location
- Region: Crestone
Services availability

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