Winter Park, CO 80482,405 Lions Gate DR

$4,100,000

$4,533,475

9.6%
Est.Price: ?

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Est. payment /mo

10 Beds

11 Baths

8,500 SqFt


SOLD DATE : 11/01/2024

Key Details

Sold Price $4,100,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 8,500 sqft

Price per Sqft $482

Subdivision Griffin Park

MLS Listing ID 5232469

Sold Date 11/01/24

Style Chalet

Bedrooms 10

Full Baths 10

HOA Y/N No

Abv Grd Liv Area 8,500

Originating Board recolorado

Year Built 1995

Annual Tax Amount $13,163

Tax Year 2022

Lot Size 0.320 Acres

Acres 0.32

Property Description

Welcome to a prime investment opportunity in Winter Park, Colorado! This turnkey property at 405 Lions Gate Drive presents a unique chance to own the only luxury boutique hotel in Winter Park. With a total of 10 bedrooms and 11 bathrooms spread across 8500 square feet, this property offers a spacious and inviting atmosphere for guests. Boasting a total lot size of 13939 square feet, the hotel provides a comfortable and accommodating environment.

The property has undergone a comprehensive $1M renovation in 2021-2022, ensuring it is modern and up-to-date. With high ceilings, mountain views, and a fully furnished interior, this hotel is designed to impress. The amenities include a balcony, common laundry, cooktop, dishwasher, disposal, dryer, eat-in kitchen, fireplace, forced air, hot tub, range hood, refrigerator, and walk-in closets, providing guests with the utmost comfort and convenience.

Located in the heart of Winter Park, this hotel is priced 25% below the average price per square foot in the area, making it an attractive investment. The property's existing business, along with the potential for further development and expansion, presents a promising opportunity for the savvy investor. Additionally, the hotel has received awards and recognition from prominent platforms such as Airbnb, Google, Tripadvisor, Booking, Kayak, and Expedia.

With a transferable liquor and restaurant license, as well as Winter Park's only private bar equipped with a modern 4-tap beer system and a full commercial kitchen, this property offers a unique and lucrative investment opportunity. Don't miss the chance to own a piece of Colorado's fastest-growing ski town and resort. Take advantage of the high potential for growth, as evidenced by the highest ADR in the area, increased year-over-year occupancy, and documented organic growth in traffic and direct bookings. This is your chance to own a successful business in a thriving and sought-after location in the heart of Winter Park.

Location

State CO

County Grand

Rooms

Basement Walk-Out Access

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, Smoke Free, Hot Tub, Walk-In Closet(s), Wired for Data

Heating Forced Air

Cooling None

Flooring Wood

Fireplaces Number 4

Fireplaces Type Bedroom, Family Room, Gas, Great Room, Other

Fireplace Y

Appliance Cooktop, Dishwasher, Disposal, Dryer, Oven, Range Hood, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony

Utilities Available Internet Access (Wired)

View Mountain(s)

Roof Type Composition

Total Parking Spaces 9

Garage No

Building

Lot Description Near Ski Area

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Wood Siding

Schools

Elementary Schools Fraser Valley

Middle Schools East Grand

High Schools Middle Park

School District East Grand 2

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Compass - Denver • tracy@molleur.com,303-408-2059
Bought with Compass - Denver

GET MORE INFORMATION

Brett Kotal

Realtor | Lic# FA100084202

+1(303) 717-5633

8000 E. Belleview Ave # 200, Village, CO

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