2220 Lee Circle Drive Woodland Park, CO $ 1,499,000
2220 Lee Circle Drive
$ 1,499,000
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2220 Lee Circle Drive

Woodland Park, CO, 80863
$ 1,499,000
Baths0.0

Monthly Estimate*

$ 8,978

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Studio

Multi-Family Home for sale in Woodland Park, CO

for $1,499,000. This home was built in 1972 on a lot size of 5.

Presenting an exceptional opportunity for short-term or long-term rentals. 5 acres, 3 homes, & located adjacent to Nat'l Forest, for easy access & an endless yard! Both cabins have a track record of rental success & are turn-key ready to be rented in the short-term (VRBO or Airbnb) market. Located in Teller County, outside of Woodland Park, this property is not subject to the recent short-term rental moratorium. Live comfortably in the main home & let the cabin's help cover your mortgage payment, insurance & operating expenses. The main home is a rancher incl. a living area w/ moss rock gas fireplace, built-in bookcases & vaulted ceilings. Gourmet kitchen w/ maple pull out cabinetry & center island, sits atop hardwood flooring w/ an adjacent dining area. 3 main level bedrooms, 2 baths, 3 car garage: LL includes a family room w/ wood-burning stove, workshop area, & attached guest suite w/ its own entrance, equipped w/ a 3/4 bath & walk-in closet. New carpeting, interior & exterior paint, new sheetrock, renovated baths, new lighting, LVP flooring, fixtures, & new furnace in 2022. 2nd home is a 1000+sf log cabin, w/ vaulted living space including a river rock fireplace, comfortable kitchen & dining + 2 bedrooms, 1 full bath, & laundry, situated overlooking Pikes Peak, freshly stained, new interior paint, carpet & LVP flooring in the bath, + new furnace & water heater. 3rd home is the original 1936 log cabin, 656 sf of coziness incl. 1 bedroom, living room with gas fireplace, quaint kitchen, & 3/4 bath + a loft for extra space, overlooking impressive views of Pikes Peak, also includes fresh exterior stain, & new furnace & hot water heater. All 3 homes have septic systems, metal roofing, 2 homes are serviced by city water, while one cabin is served by a well, natural gas services all homes. 720 sf pole barn for boats, RV, & extra storage! As short-term rentals, w/ modest occupancy & affordable rental rates, the cabins can produce income to cover your monthly payments.

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,852

Style

SF Home

Lot Size

5

Year Built

1972

Town/City

Woodland Park

County/Region

Teller

MLS | Web ID

9533554

Features
General
Utilities Electricity Connected Natural Gas Connected Telephone
Roof Metal
Appliances Dishwasher Dryer Gas in Kitchen Kitchen Vent Fan Microwave Oven Oven Range Refrigerator Washer
Water Municipal Well
School District Woodland Park RE2
Property Type Income
Yearly Taxes 2852.42
Tax Year 2023
Status Active
Sub Type SF Home
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Exterior
Siding Log Wood
Fence All
Structure Frame
Lot Size 5.0000
Foundation Partial Basement
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Interior
Laundry Facility Electric Hook-up
Fireplace Four Free-standing Gas Lower Level Main Level Masonry Stone Wood Burning Stove
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* Excluded Features
List By
Stephanie Tanis

Broker

stephtanis1121@gmail.com

Email

Affordability Calculator

$9,215
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,978
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3074849 Elementary School
3074841 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2024$1,499,000 -3.29% Price Down
7/9/2024$1,550,000 Listed Price

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2220 Lee Circle Drive, Woodland Park, CO, 80863 is a Multi-Family Home for sale at $1,499,000 with a lot size of 5. 2220 Lee Circle Drive is a studio with 0.0 baths and was built in 1972. The property's zip code is 80863 which is in Woodland Park, CO