More than just an investment, this property is an experience. Situated in the thriving mountain town of Buena Vista, Colorado, this brand-new mixed-use opportunity offers five versatile spaces, seamlessly blending luxury living with endless possibilities for work, recreation, and income generation.
The property features three stunning high mountain desert-style residential units: a lower-level 2-bedroom, 2-bath unit, a 2-bedroom, 2.5-bath upper unit, and a 3-bedroom, 3-bath upper unit. The upper units can be connected for larger gatherings or locked off for privacy, making them ideal for flexible rental or living arrangements. Additionally, the property includes two garage/flex spaces, each with private exterior access and a half bath, perfect for an office, workshop, studio, or event space.
The mixed use zoning allows for a wide variety of residential and commercial uses. This property allows for short-term renting, long-term renting, co-housing, and more. Its thoughtful layout makes it an ideal setting for corporate retreats, wellness getaways, or adventure-focused businesses, with ample space for classes, workshops, and team-building events.
In Buena Vista, location is everything, and this property checks all the boxes. Just half a block from downtown, enjoy walking to coffee shops, restaurants, and Buena Vista’s vibrant nightlife. The Arkansas River, only half a mile to the east, offers world-class rafting, fishing, and river surfing, a rare and exhilarating experience. Outdoor enthusiasts will love being just minutes from Four Mile Recreation Area and Sleeping Indian, with direct access to dirt biking, mountain biking, hiking, and off-road adventures. When winter arrives, some of Colorado’s best ski resorts—including Monarch Mountain, Copper Mountain, and Ski Cooper—are all within a short drive.
This is a one-of-a-kind property—brand-new construction with a modern high mountain desert design, perfectly positioned for both investment and adventure.
New construction
Price cut: $150K (7/1)
$2,750,000
421 Chestnut Street, Buena Vista, CO 81211
7beds
4,825sqft
Est.:
Single Family Residence
Built in 2025
3,049.2 Square Feet Lot
$2,686,400 Zestimate®
$570/sqft
$-- HOA
What's special
- 129 days
- on Zillow |
- 406 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 08:44pm
Listed by:
John Magers 719-221-4500 johnemorymagers@gmail.com,
Real Broker, LLC,
Ritchie Molitor 719-395-9063,
Real Broker, LLC
Source: REcolorado,MLS#: 9642468

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 10
- 3/4 bathrooms: 7
- 1/2 bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Primary bedroom
- Level: Lower
Primary bedroom
- Level: Upper
Primary bedroom
- Level: Upper
Bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Upper
Primary bathroom
- Level: Upper
Primary bathroom
- Level: Lower
Primary bathroom
- Level: Main
Primary bathroom
- Level: Upper
Bathroom
- Level: Upper
Bathroom
- Description: Laundry Location. Shower Has Tub.
- Level: Lower
Bathroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Description: Private Bathroom In Left Garage/Flex Space
- Level: Lower
Bathroom
- Description: Private Bathroom In Right Garage/Flex Space
- Level: Lower
Dining room
- Level: Lower
Kitchen
- Level: Lower
Kitchen
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Main
Laundry
- Description: Laundry Located In 'guest Bath'
- Level: Lower
Living room
- Level: Lower
Living room
- Level: Main
Loft
- Level: Upper
Office
- Description: Two Car Garage/Flex Space
- Level: Lower
Office
- Description: Two Car Garage/Flex Space
- Level: Lower
Utility room
- Description: Utility Room In Left Garage/Flex Space
- Level: Lower
Utility room
- Level: Main
Heating
- Forced Air, Heat Pump, Radiant Floor
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Concrete, Tile, Wood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Electric, Living Room
Interior area
- Total structure area: 4,825
- Total interior livable area: 4,825 sqft
- Finished area above ground: 4,825
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Dry Walled, Exterior Access Door, Floor Coating, Heated Garage, Insulated Garage, Lighted, Oversized, Storage, Tandem
- Attached garage spaces: 2
- Details: Off Street Spaces: 4
Features
- Levels: Tri-Level
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Balcony, Lighting, Rain Gutters
- Fencing: None
- Has view: Yes
- View description: City, Mountain(s), Valley
Lot
- Size: 3,049.2 Square Feet
- Features: Landscaped, Level, Near Public Transit, Near Ski Area
- Residential vegetation: Xeriscaping
Details
- Parcel number: R327108403413
- Zoning: Mixed Use Two District
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Modular,Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete, Frame, Metal Siding, Other, Stucco
- Roof: Composition,Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Joseph Matlock Construction Llc Lot Line Adjustmen
HOA
- Has HOA: No
Location
- Region: Buena Vista
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $58,300
- Annual tax amount: $3,104
- Date on market: 4/10/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Jumbo,Other
- Exclusions: None Known.
- Ownership: Individual
- Road surface type: Paved
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