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8130 Chipita Park Road

Cascade, CO 80809
  • $999,000
  • STATUS: Active
  • ON SITE: 78 Days
  • ID#: 7212296
UPDATED: 36 min ago
$999,000
  • 7
    BEDS
  • 0.8
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,572
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1950
County:
Area:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of LPT Realty LLC: 775-544-1328.

Description

Opportunities abound! Total of 4 different units on this log sided retreat set on nearly an acre overlooking Fountain Creek. Three units span the main house with an additional detached standalone cabin. Three out of the four units are currently rented out with the main 1600 sq ft home open for the new owner to occupy and collect rent from the other 3 units. Or, for more upside rental potential, rent the owners home out as well. The property does have a VRBO history. (Please check agent remarks for AirDNA data and all info concerning potential Vrbo rental income.)Tremendous location in the affluent community of Cascade, located near the Pikes Peak Highway, which is an international tourist destination, and attracts 1 million people (on average over a two-year period) that visit America's Mountain. Ample parking for all tenants and owner with each unit having its own parking area. Attached oversized two car garage to the main house. Current owner has made many improvements and updates to the property. Both buildings have new roofs (2022). The owners home has new stainless steel appliances in the kitchen, new carpet, paint, luxury vinyl flooring, and a remodeled bathroom! The main house also has 2 wood burning fireplaces for cozy evenings, while the oversized windows (all units) let natural light pour in so you can take in the natural beauty of your surroundings. The side unit and standalone cabin also have new luxury vinyl flooring and carpet. The setting is picturesque and in the heart of tourist destinations with easy year round access. Fountain creek skirts the back of the property creating a perfect mountain setting for all guests to enjoy. Watch the video tour in the links!

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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 2025-02-08T12:41:09.95.
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8130 Chipita Park Road Cascade, CO 80809

  • Price: $999,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 36 min ago
  • ID#: 7212296
7
Beds
4
Baths
0
½ Baths
0.8
Acres
3,572
SQFT
$280
$/SQFT
1950
Built
Neighborhood:
Cascade
County:
El Paso
Area:
Cascade
School District:
Manitou Springs-14
Property Description
Opportunities abound! Total of 4 different units on this log sided retreat set on nearly an acre overlooking Fountain Creek. Three units span the main house with an additional detached standalone cabin. Three out of the four units are currently rented out with the main 1600 sq ft home open for the new owner to occupy and collect rent from the other 3 units. Or, for more upside rental potential, rent the owners home out as well. The property does have a VRBO history. (Please check agent remarks for AirDNA data and all info concerning potential Vrbo rental income.)Tremendous location in the affluent community of Cascade, located near the Pikes Peak Highway, which is an international tourist destination, and attracts 1 million people (on average over a two-year period) that visit America's Mountain. Ample parking for all tenants and owner with each unit having its own parking area. Attached oversized two car garage to the main house. Current owner has made many improvements and updates to the property. Both buildings have new roofs (2022). The owners home has new stainless steel appliances in the kitchen, new carpet, paint, luxury vinyl flooring, and a remodeled bathroom! The main house also has 2 wood burning fireplaces for cozy evenings, while the oversized windows (all units) let natural light pour in so you can take in the natural beauty of your surroundings. The side unit and standalone cabin also have new luxury vinyl flooring and carpet. The setting is picturesque and in the heart of tourist destinations with easy year round access. Fountain creek skirts the back of the property creating a perfect mountain setting for all guests to enjoy. Watch the video tour in the links!
Exterior Features

Floor Plan Ranch Foundation Details Partial Basement Garage Type Attached Lot Description 360-degree ViewMountain ViewStream/CreekView of Rock Formations Lot Location Hiking TrailNear Schools Lot Size 0.8000 Lot Size Units Acres Outbuildings Dog Run Patio Desc Concrete Roof Composite Shingle Siding Wood Structure Frame

Interior Features

Appliances DishwasherDisposalDryerMicrowave OvenOvenRefrigeratorWasher Basement Percent Finished 100 Cooling None Fireplace Description Wood Burning Floors CarpetLuxury Vinyl Heating BaseboardForced AirHot WaterNatural Gas Laundry Facilities Electric Hook-up Main Floor Bedroom YN Yes Sq Ft Finished 3572 Sq Ft Lower Floor 0 Sq Ft Lower Percent 0 Sq Ft Main Floor 2628 Sq Ft Total Basement 944 Sq Ft Upper Floor 0

Property Features

Association Fee 0.00 Association Fee Frequency Not Applicable Construction Status Existing Home HOACovenants Exist YN No Notices Not Applicable Tax Amount 2535.55 Tax Year 2023 Terms CashConventionalFHAVA Utilities Electricity ConnectedNatural Gas ConnectedTelephone 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 2025-02-08T12:41:09.95.
 
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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 LPT Realty LLC: 775-544-1328.