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1425 N Highway 149, Lake City, CO, 81235

7beds
7baths
5,141sqft
$1,620,000
$315price/sqft
$9,489/moest. monthly cost
$379,560/yrincome needed

About This Home

Turnkey Mountain Investment - Rocky Top Vacation Rentals 1425 & 1415 N. Hwy 149 | Lake City Welcome to Rocky Top Vacation Rentals - a rare, income-producing mountain retreat offering 7 bedrooms, 7 bathrooms, and 5,141 sq ft across three immaculate log cabin units on 1.214 beautifully maintained acres. Generating $78,000 annually with room for significant upside, this is the turnkey investment opportunity buyers wait for in Lake City. Perfectly positioned just outside of town along Hwy 149, the property offers excellent visibility and signage, no short-term rental permit required, no HOA, and minimal covenants. Guests enjoy convenient highway access while still being able to reach town and the legendary Alpine Loop via backroads for ATVs and UTVs - a major draw for adventure travelers. The Setting & Opportunity Lake City is a magnet for outdoor enthusiasts, surrounded by fourteeners, vast public lands, and home to Lake San Cristobal - the largest natural lake in Colorado. Hikers, off-roaders, anglers, hunters, ice climbers, and families return year after year - and so do Rocky Top's loyal guests. The possibilities here are expansive: Continue operating as a residence + thriving rental business Convert the main home into an additional high-capacity rental Create a multi-generational family vacation compound Explore event or wedding venue potential 1425 N. Hwy 149 - Main Residence (2,782 Sq Ft | 3+ Bedrooms | 3 Baths) Currently owner-occupied, this spacious log home could easily become an additional premium rental for larger groups. The main level features: Open-concept kitchen, dining, and living areas with new LPV flooring Covered deck access for grilling and soaking in mountain views Primary suite + additional bedroom and full bath Upstairs: Third bedroom and full bath Flex space currently used as a craft area Additional room used as a bedroom Man cave/storage/office space Abundant eave storage throughout The basement was thoughtfully designed for rental operations, offering: Linen cabinetry Double washer/dryer setup Generous storage and workspace Heating options include an efficient wood stove, propane gas stove, propane Rinnai heater, and supplemental electric heaters - ensuring comfort year-round. The grounds feature lush lawns with automatic sprinklers, a greenhouse, animal house/pen, shed, and equipment storage barn - adding both charm and utility. 1415 N. Hwy 149 - Duplex (2,359 Sq Ft Total | Two 2BR/2BA Units) South of the main residence sits a beautifully designed duplex with two matching 2-bedroom, 2-bath units. Each unit offers: Open kitchen, dining, and living area LPV flooring on the main level Gas wood-burning stove Vaulted ceilings Main-level bedroom and full bath Upper-level bedroom and full bath Covered decks are staggered for privacy and step down to grassy lawns with picnic tables and charcoal grills for each unit - perfect for relaxing after a day on the trails. The duplex comes fully furnished with updated decor, making this a seamless, ready-to-operate investment. The Bottom Line With consistent year-round rental history, repeat clientele, expansion potential, and an unbeatable location in one of Colorado's most recreation-rich regions, Rocky Top Vacation Rentals is more than a property - it's a lifestyle business with room to grow. Opportunities like this in Lake City are exceptionally rare. Invest. Expand. Escape.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

--
Lake City Community SchoolGrades PK-120.7 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Interior Area

  • Total structure area: 5,141
  • Total interior livable area: 5,141 sqft

Property

Details

  • Parcel number: R003196

Lot

  • Lot size: 1.21 Acres

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

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Landslide
Wildfire
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $8,191$98,292
Home Insurance *$424$5,088
Property Taxes $486$5,832
Electricity $388$4,657
Total$9,489$113,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$325,337/yr
40% on housing$284,670/yr
45% on housing$253,040/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
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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.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$315This listing

vs Other Active Listings

Avg $/sqft

ZIP 81235$807
Hinsdale County$725

vs Homes Sold Last Month

Median $/sqft

ZIP 81235
Hinsdale County$309

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

DateEventPrice
2026-02-18Price change$1,620,000
2025-10-10Price change$1,670,000
2025-10-10Price change$895,000
2025-09-11Price change$899,000
2025-09-11Price change$1,675,000
2025-07-03Listed for sale$899,000
2025-05-07Listing removed$2,200,000
2025-04-30Price change$2,200,000
2025-01-10Price change$2,399,000
2024-10-24Listed for sale$2,599,000

For Sale by Agent

AgentRobby Richardson
BrokerageGreat Plains Land Company

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