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Sold for $750,000 on 07/11/24
  • $750,000

    259 Mel Rey Rd, Glenwood Springs, CO 81601

    5beds
    2,274sqft
    Single Family Residence
    Built in 1949
    0.38 Acres Lot
    $799,300 Zestimate®
    $330/sqft
    $3,673 Estimated rent

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    $3,673/mo

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    $3,673/mo

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    $4,088/mo

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    $4,088/mo

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    What's special

    Captivating Opportunity!! Exceptional Dual-Living Property in Scenic West Glenwood Springs Nestled in the heart of West Glenwood Springs, Colorado, this versatile dual-living property at 259 Mel Ray offers an unparalleled opportunity for homeowners and investors alike. Positioned on a charming corner lot, this property features two distinct living units, ideal for multi-generational living, rental income potential, or a combination of both. Unit A: Spacious 3BD/1.75BA Single Family Home The upper portion of this single-family home boasts three bedrooms and 1.75 bathrooms, providing ample space and privacy. It includes indoor access to a two-car garage, convenient for storage and sheltering vehicles from the elements. The utility room with washer/dryer hookups simplifies household chores with in-home laundry capabilities as well as the .75 bathroom. Additionally, Unit A features a unique meditation room with a historical touch, having access for coal to be shoveled in, which can also be used as a cellar. The corner lot with yard access offers outdoor space for relaxation or gardening. Located close to transportation, schools, shops, dining, and with quick access to I-70, this unit ensures connectivity and convenience. Unit B: Cozy 2BD/1BA Garden-Level Living The lower garden-level unit features two bedrooms and one bathroom, a comfortable living space for smaller households or tenants. It includes a back patio and yard, providing a private outdoor area for entertaining or enjoying the Colorado scenery. The spacious layout ensures a comfortable living experience with well-proportioned rooms. Washer/dryer included adds convenience for laundry needs. Two entrances/exits enhance accessibility and safety for residents. Located near public transportation, educational institutions, shopping centers, dining options, and more, making daily life effortless. Versatile Investment Potential This property stands as a robust investment opportunity due to its prime location, well-maintained condition, and flexible living arrangements. The dual-unit setup appeals to a broad range of potential buyers, from families seeking additional rental income to investors looking for a high-demand rental property or use as a single family residence. Scenic and Convenient Location Glenwood Springs is renowned for its stunning natural beauty and vibrant community. Residents of 259 Mel Ray enjoy quick access to major highways, facilitating easy travel and commuting. The property is close to schools and shops, enhancing the convenience of daily errands and educational needs. There are abundant recreational opportunities near parks, trails, and rivers, perfect for outdoor enthusiasts. Viewing and Contract Information To explore the full potential of this property, schedule a private tour with our dedicated listing agent. A 48-hour consideration window is requested for all showings. Don't miss this unique opportunity to own or invest in a property that combines comfort, convenience, and potential for lucrative returns in the heart of Glenwood Springs. For more details or to arrange a private tour, please contact our dedicated listing agent.

    Zillow last checked: 7 hours ago

    Listing updated: September 01, 2024 at 07:20pm

    Listed by:

    Sarah Windholz (970)945-7266,

    Crystal Property Mgmt & Sales

    Bought with:

    Marianne Ackerman, 1315764

    The Property Shop

    Amy Joyce, 100104091

    Source: AGSMLS,MLS#: 183964

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Heating
    • Hot Water, Natural Gas
    Appliances
    • Laundry: In Hall
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,274
    • Total interior livable area: 2,274 sqft
    • Finished area above ground: 1,256
    • Finished area below ground: 1,018

    Property

    Features
    • Stories: 2
    Lot
    • Size: 0.38 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 218506101008
    • Zoning: Garfield County

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Frame
    • Roof: Composition
    Condition
    • Average
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Electric: Yes
    • Water: Public
    • Utilities for property: Natural Gas Available, Electricity Connected

    Community & neighborhood

    Location
    • Region: Glenwood Springs
    • Subdivision: None

    Other

    Other facts
    • Listing terms: New Loan,Cash