853 E 7th St, Loveland, CO, 80537
About This Home
Limitless possibilities in the heart of downtown Loveland. This fully furnished, turn-key 4-bedroom, 2-bath bungalow-known as Grey & Ember-offers the rare opportunity to own a property that can flex to fit your lifestyle and goals. Currently a high-performing short-term rental generating $72,000 in the last 12 months, this home also works beautifully as a primary residence, second home, or at-home business setup.Inside, classic charm meets modern updates with hardwood floors, stainless steel appliances, and thoughtfully curated furnishings throughout. The inviting layout, private fenced backyard, and relaxing hot tub make it equally appealing for personal enjoyment or hosting guests. What truly sets this property apart is the detached 3-car garage/shop, with alley access, complete with a car lift, excellent lighting, and endless versatility-ideal for a hobby enthusiast, small business owner, creative studio, or additional income. The shop is currently rented for $850/month, providing $10,200 in annual income, or it can be reclaimed for personal use. A one-car detached garage adds even more flexibility. Just a short walk to the shops, dining, and entertainment of Old Town Loveland, this is a rare opportunity to own a property that truly adapts-whether you're looking to invest, live, work, or do all three.Offered fully furnished. Proven income. Endless potential. Agent owned.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Dishwasher,Refrigerator,Washer,Dryer,Microwave
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedroom2
- Level: Main
- Area: 143
- Dimensions: 11 x 13
Bedroom3
- Level: Basement
- Area: 210
- Dimensions: 14 x 15
Bedroom4
- Level: Basement
- Area: 156
- Dimensions: 12 x 13
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Features
- Flooring: Wood
- Finished area below ground: 828
- Finished area above ground: 1,036
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,864
- Total interior livable area: 2,072 sqft
Kitchen
- Level: Main
- Area: 126
- Dimensions: 9 x 14
Living Room
- Level: Main
- Area: 247
- Dimensions: 13 x 19
Primary Bedroom
- Level: Main
- Area: 156
- Dimensions: 12 x 13
Property
Details
- Parcel number: R0389226
- Zoning: R3E
- Special condition: Private Owner
- Exclusions: none-can remove short term rental furnishing if buyer does not want them
Features
- Levels: One
- Stories: 1
- Fencing: Partial
Lot
- Lot size: 7,742 sqft
Parking
- Total spaces: 4
- Parking features: Detached,Oversized
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Lightning
- Winter Weather
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $273 | $3,276 |
| Property Taxes | $260 | $3,120 |
| Electricity | $186 | $2,232 |
| Total | $3,752 | $45,024 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-30 | Listed for sale | $600,000 |
| 2025-12-16 | Listing removed | $650,000 |
| 2025-10-17 | Listed for sale | $650,000 |
| 2019-08-01 | Sold | $425,000 |
| 2019-06-29 | Pending sale | $425,000 |
| 2019-06-13 | Listed for sale | $425,000 |
| 2010-12-14 | Sold | $140,000 |
| 2010-11-02 | Listed for sale | $140,000 |
| 2010-09-09 | Sold | $128,430 |
| 2010-08-05 | Listed for sale | $185,000 |
View on Zillow