Winter Park, CO 80482

$4,100,000
10
BD
11
BA
8,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$4,100,000
List Price
$4,533,475
Closing Date
Nov 01, 2024
Type
Single Family Residential
Property Sub Type
Single Family Residence
Status
CLOSED
MLS Number
5232469
Structural Style
Chalet
Bedrooms
10
Bathrooms
11
Sqft Total
8,500
Year Built
1995

Property Description

Welcome to a prime investment opportunity in Winter Park, Colorado! This turnkey property at 405 Lions Gate Drive presents a unique chance to own the only luxury boutique hotel in Winter Park. With a total of 10 bedrooms and 11 bathrooms spread across 8500 square feet, this property offers a spacious and inviting atmosphere for guests. Boasting a total lot size of 13939 square feet, the hotel provides a comfortable and accommodating environment. The property has undergone a comprehensive $1M renovation in 2021-2022, ensuring it is modern and up-to-date. With high ceilings, mountain views, and a fully furnished interior, this hotel is designed to impress. The amenities include a balcony, common laundry, cooktop, dishwasher, disposal, dryer, eat-in kitchen, fireplace, forced air, hot tub, range hood, refrigerator, and walk-in closets, providing guests with the utmost comfort and convenience. Located in the heart of Winter Park, this hotel is priced 25% below the average price per square foot in the area, making it an attractive investment. The property's existing business, along with the potential for further development and expansion, presents a promising opportunity for the savvy investor. Additionally, the hotel has received awards and recognition from prominent platforms such as Airbnb, Google, Tripadvisor, Booking, Kayak, and Expedia. With a transferable liquor and restaurant license, as well as Winter Park's only private bar equipped with a modern 4-tap beer system and a full commercial kitchen, this property offers a unique and lucrative investment opportunity. Don't miss the chance to own a piece of Colorado's fastest-growing ski town and resort. Take advantage of the high potential for growth, as evidenced by the highest ADR in the area, increased year-over-year occupancy, and documented organic growth in traffic and direct bookings. This is your chance to own a successful business in a thriving and sought-after location in the heart of Winter Park.

Additional Information

View
Mountain(s)
Lot Size Acres
0.32
Lot Size Sq Ft
13,939
Tax Amount
$13,163
Exterior Features
Balcony
Water Source
Public
Sewer
Public Sewer
Basement Type
Walkout
Heating
Forced Air
Cooling
None
School District
East Grand 2
Elementary School
Fraser Valley
Middle Or Junior School
East Grand
High School
Middle Park

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Compass - Denver . tracy@molleur.com,303-408-2059

Selling Office: Compass - Denver.