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243 Walnut Avenue

Palmer Lake, CO 80133
  • $738,500
  • STATUS: Active
  • ON SITE: 70 Days
  • ID#: 1517551
UPDATED: 62 min ago
$738,500
  • 4
    BEDS
  • 0.11
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,393
    SQFT
  • $309
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1899
County:
Area:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Muldoon Associates Inc: Muldoon Associates Inc.

Description

Delight in the charm of historic Palmer Lake paired with modern-day Short Term Rental investment potential in this meticulously remodeled gem.The distinctive feature of this property is its unique and flexible layout, which can be partitioned into two separate living spaces. The downstairs unit is currently utilized as a short-term vacation rental, generating a monthly income. Sellers intend to transfer any upcoming bookings with sale.The lower living unit shines with a well-equipped kitchen, cozy living areas, and chic bedrooms, making it a highly sought-after getaway for vacationers seeking the tranquility of the area. The upper unit, currently the owner's living space, mirrors the same charm and elegance, making it the perfect private retreat.Additionally, the property's location in a serene, historic neighborhood, brimming with picturesque landscapes and walking distance to local amenities, significantly increases its appeal to both long-term renters and vacationers alike.The possibilities of this home are boundless: Live in one unit while earning a substantial income from the other, rent both units out for double the profit, or occupy the entire space as a remarkable single-family home with space to spread out. Enter the lower living space/ short term rental via the door behind the red gate to the right of the garage or through a spiral staircase in the backyard. Enter the upper level living space via the garage.

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Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-11-28T08:41:01.983.
www.tarynsimental.com/homes/143490769
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243 Walnut Avenue Palmer Lake, CO 80133

  • Price: $738,500
  • Status: Active
  • On Site: 70 Days
  • Updated: 62 min ago
  • ID#: 1517551
4
Beds
3
Baths
0
½ Baths
0.11
Acres
2,393
SQFT
$309
$/SQFT
1899
Built
Neighborhood:
Glen Park Palmer Lake
County:
El Paso
Area:
Palmer Lake
School District:
Lewis-Palmer-38
Property Description
Delight in the charm of historic Palmer Lake paired with modern-day Short Term Rental investment potential in this meticulously remodeled gem.The distinctive feature of this property is its unique and flexible layout, which can be partitioned into two separate living spaces. The downstairs unit is currently utilized as a short-term vacation rental, generating a monthly income. Sellers intend to transfer any upcoming bookings with sale.The lower living unit shines with a well-equipped kitchen, cozy living areas, and chic bedrooms, making it a highly sought-after getaway for vacationers seeking the tranquility of the area. The upper unit, currently the owner's living space, mirrors the same charm and elegance, making it the perfect private retreat.Additionally, the property's location in a serene, historic neighborhood, brimming with picturesque landscapes and walking distance to local amenities, significantly increases its appeal to both long-term renters and vacationers alike.The possibilities of this home are boundless: Live in one unit while earning a substantial income from the other, rent both units out for double the profit, or occupy the entire space as a remarkable single-family home with space to spread out. Enter the lower living space/ short term rental via the door behind the red gate to the right of the garage or through a spiral staircase in the backyard. Enter the upper level living space via the garage.
Exterior Features

Floor Plan 2 Story Foundation Details Not Applicable Garage Type Attached Lot Description See Prop Desc Remarks Lot Size 5000.0000 Lot Size Units Sqft Roof Composite Shingle Siding Alum/Vinyl/SteelStoneOther Structure Wood Frame

Interior Features

Basement Percent Finished 0 Cooling None Heating Forced Air Interior Features Skylight (S)See Prop Desc Remarks Main Floor Bedroom YN Yes Sq Ft Finished 2393 Sq Ft Lower Floor 0 Sq Ft Lower Percent 0 Sq Ft Main Floor 1224 Sq Ft Total Basement 0 Sq Ft Upper Floor 1169

Property Features

Association Fee 0.00 Association Fee Frequency Not Applicable Construction Status Existing Home HOACovenants Exist YN No Miscellaneous Secondary Suite W/In Home Notices Sold As Is Tax Amount 885.55 Tax Year 2022 Utilities ElectricityNatural Gas Water Municipal



Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-11-28T08:41:01.983.
 
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Simental Homes | The Cutting Edge, Realtors
5881 N Academy Blvd
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Muldoon Associates Inc: Muldoon Associates Inc.