Lake City CO Homes For Sale

Lake City CO Homes For Sale

View all the homes for sale in Lake City CO at a median price for all buyers. See pricing and listing details of Lake City real estate for sale.

Lake City CO Homes For Sale

$699,000
838984 MLS
Rare opportunity to own property in the heart of Lake City, one of Colorado’s beloved historic mountain towns. Located on Silver Street, the town’s main downtown thoroughfare, 324 Silver Street offers 2 bedrooms, 1 bath, and approximately 960 square feet of living space on a large lot. The property has been home to a successful title company for nearly 15 years and offers flexibility for residential, commercial, or live/work use. Excellent potential for a VRBO or other permitted short-term rental use. Recent improvements include new light wood-look LVT flooring throughout, quality interior and exterior paint, and a new HardieBoard front facade featuring Historic Society-approved architectural details around the windows, porches, and corbeled roofline. The covered entry and boardwalk have also been updated, with the boardwalk rebuilt from the ground up. The bathroom features a new vanity, fixtures, and lighting. The kitchen includes new appliances and opens to comfortable dining and living areas. An enclosed back porch provides additional flexible space. The property sits on approximately 5,000 square feet and includes a prime corner side lot with significant value and potential. The side lot may offer an opportunity to separate and sell, subject to applicable requirements, or explore potential development options such as a storefront or short-term rental. Buyer to verify all development, zoning, and permitted-use possibilities with the appropriate authorities. 324 Silver Street can be purchased with the property next door, 322 Silver Street, offering an exceptional opportunity to acquire additional property in downtown Lake City.

324 Silver St, Lake City

$1,299,000
838983 MLS
322 Silver Street in historic Lake City is a true gem, evoking an exceptional blend of character and thoughtful updates right in the heart of downtown. Built on the historic site of the Occidental Hotel, this unique property offers a 2-bedroom, 3-bath home with shop/retail space encompassing nearly 3,000 square feet of versatile living and commercial space. Recent improvements include quality interior and exterior paint, new lighting, light wood-look LVT flooring throughout, a fresh Hardie board facade, and a balcony featuring Historic Society-approved architectural details. The retail space is finished with crisp white board-and-batten siding and includes a newly rebuilt boardwalk, creating excellent downtown visibility and curb appeal. Inside, the bright and comfortable living spaces feature three outdoor balconies, gas and wood stoves, and baseboard heat. The kitchen opens to a welcoming den and dining area and has been beautifully updated with light shaker cabinetry, an island, elegant white quartz countertops, a fireclay sink, new fixtures, and Bosch refrigerator, gas range, and dishwasher. All three bathrooms have been updated with new cabinetry, fixtures, flooring, lighting, tile, and toilets. The spacious upstairs bedroom features an adjoining bonus space offering flexibility for an office, art studio, or additional sleeping space with closet storage. Downstairs, an extraordinary curved staircase and exposed beams crafted of salvaged wood from the historic High Bridge train trestle create a dramatic focal point. The staircase leads to a second light-filled loft bedroom and bath, adding even more character to this one-of-a-kind property. The 10,000-square-foot lot offers a rare 24' x 16' garage, storage shed, fenced yard, beautiful landscaping, tall pines, and generous outdoor decks. Located on Lake City's most prominent downtown streets, the property offers excellent exposure within easy walking distance of local restaurants and shops. The property is also available as a package with 324 Silver Street, including the home and corner lot, offering an exceptional opportunity to expand your Lake City investment.

322 Silver St, Lake City

$849,000
838936 MLS
Located at 300 W Third Street in Lake City, Colorado, this 2,288± square-foot historic commercial building offers a restored downtown property with more than a century of local history. Originally constructed in 1880 with locally quarried stone, the building has a longstanding history as a bar and restaurant and has undergone extensive recent renovations that combine its historic character with updated building systems. Now offered as an open commercial space, the property provides a foundation for a new owner to establish a restaurant, bar, retail concept, or other commercial use. The property has been part of Lake City’s commercial landscape since the late 19th century. Originally home to the A. H. Avery & Company stationery and bookstore, the business expanded as Lake City grew during its mining and railroad years. By 1892, the property was operating as a meat market before evolving into a general store and later housing a grocery store, shoe store, law office, and newspaper office. During the early 20th century, the building began its long association with Lake City’s bar and restaurant history. Over the following decades, it operated under several names, including the Log Cabin Inn, Pinecone Saloon, Highbridge Saloon, Restless Spirits, and most recently The Wrangler. Beginning in 2022, the building underwent an extensive restoration focused on retaining its historic character while updating the infrastructure for modern commercial use. Improvements included the installation of a heated roof and replacement of plumbing and electrical systems necessary to bring the building up to current building code at the time of renovation. Flooring, walls, and ceilings were restored or replaced with period-appropriate materials, including imported Italian marble tile and antique fixtures. The former basement coal chute and storage area were converted into additional finished space, and improvements were made to several service and preparation areas throughout the building. Modern heating and air conditioning were also installed, along with security and fire monitoring systems, providing updated infrastructure within the historic structure. Historically used primarily as a bar and restaurant, the building is now being offered as an open commercial space. Rather than being tied to an existing business configuration, the interior provides a new owner with the flexibility to determine the property’s next use and configure the space accordingly. The property is located within Lake City’s Central Business District, which is intended to support a compact and convenient downtown business area. Uses permitted by right include restaurants and establishments licensed for on-premises alcohol consumption, retail businesses, professional offices, personal service establishments, craft shops, theaters, hotels, motels, lodges, and other specified commercial uses. Certain residential uses may also be incorporated with an authorized business use, subject to applicable requirements. Additional commercial and residential uses are available conditionally under the district regulations. Situated at 300 W Third Street in Lake City, the property provides a historic commercial setting within one of Colorado’s established mountain communities. After more than a century of commercial use, the building is positioned for its next chapter while retaining the architecture and character that have defined the property throughout its history. **Photo Disclaimer: Images are AI-generated conceptual renderings intended to illustrate the approximate appearance of the Property following completion of the current renovations and repairs. Actual finishes and final condition may vary. The renderings will be replaced with current photographs upon completion of the work.

300 W Third, Lake City

$695,000
1 Beds 1 Baths 838515 MLS
Escape to the mountains with this one-of-a-kind seasonal retreat offering approximately 92.979 acres and a 1,174-square-foot cabin in the spectacular San Juan Mountains of Hinsdale County. Tucked away off the Alpine Loop, this property offers the privacy, scenery and sense of adventure that are increasingly hard to find. The cabin features an inviting open-concept kitchen and living area centered around a cozy fireplace, creating the perfect gathering space after a day spent exploring the mountains. A large picture window captures the surrounding scenery and brings the outdoors in, while the deck provides an incredible place to relax, take in the mountain views and enjoy the peaceful setting. Upstairs, the open loft provides two sleeping areas with closet spaces, offering flexible accommodations for family and guests. (The "Bedroom" is non-conforming) With nearly 93 acres encompassing multiple historic mining claims, there is plenty of room to experience the rugged beauty and history of this remarkable area. Enjoy the serene sounds of the water fall on this property as well. Ideally suited as a summer getaway, recreational retreat or hunting cabin, the property provides a true backcountry Colorado experience with access to the incredible recreation surrounding the Alpine Loop and Lake City area. Spend your days hiking, exploring, four-wheeling, hunting or simply enjoying the quiet and expansive mountain landscape. Access is seasonal and requires a four-wheel-drive, high-clearance vehicle. This is not your typical mountain cabin—it is an opportunity to own a substantial piece of the San Juan Mountains and enjoy Colorado in its wild, remote and beautiful form. Buyer to verify legal access, seasonal accessibility, property boundaries, permitted uses, water and utilities, mineral rights, hunting regulations and all other information important to Buyer.

Tbd Miner3466, Lake City

$2,100,000
3 Beds 3 Baths 836548 MLS
Set against a breathtaking mountain backdrop with access to public land, this exquisite 38± acre property offers the ultimate in privacy, serenity, and adventure. Located just 15 minutes from downtown Historic Lake City, this contemporary masterpiece is perfectly positioned to enjoy panoramic views and nature at your doorstep. The home spans 2,837± square feet with 3 bedrooms and 3 bathrooms, designed to blend seamlessly with its natural surroundings. The main level welcomes you with an abundance of natural light streaming through expansive windows, enhancing the warmth and ambiance of the Rais wood-burning stove. The gourmet kitchen is thoughtfully crafted for both function and style, featuring high-end appliances, a built-in coffee station, a large island, custom cabinetry, and a pass-through to the adjacent bar—perfect for entertaining. Enjoy stunning mountain views from the open dining area, framed by windows and direct access to a beautiful flagstone patio. Also on the main floor is a dedicated office with custom-built-ins and a clever pass-through to the living area, a guest half-bath, and a spacious laundry/mudroom with access to the attached garage and the outdoors. The owner’s suite is a tranquil haven with a spa-inspired steam shower, a custom walk-in closet, and walls of windows capturing the star-filled night skies. Upstairs, you'll find two large guest bedrooms with a shared bathroom and sitting area, access to a private deck, and two sizable flex rooms currently used for storage—ideal for a studio, media room, or workout space. Outside, multiple flagstone patios invite you to relax among mature Aspen trees and vibrant gardens. Gather around the custom fire pit, enjoy outdoor dining, or explore the surrounding public lands right from your property. A short walk down the driveway leads to a heated 2-car detached garage with a charming studio apartment above, complete with exceptional views—perfect for guests, rental income, or a creative retreat. This property is a rare blend of modern comfort, natural beauty, and unmatched privacy—truly a one-of-a-kind Colorado mountain retreat.

800 Edmondson Rd, Lake City

$379,000
2 Beds 1 Baths 836040 MLS
Welcome to 700 N Gunnison Avenue in the heart of Lake City, Colorado—a charming log home offering the perfect blend of mountain character, privacy, and adventure. Situated on four spacious town lots spanning two parcels (Parcel IDs 4509-273-04-009 and 4509-273-04-008), this property provides ample room to enjoy the outdoors while still being conveniently located near downtown amenities. Inside, you'll find a warm and inviting living area centered around a cozy fireplace, creating the perfect gathering space after a day of exploring the San Juan Mountains. The home features 2 bedrooms, including one of which is a nonconforming loft bedroom that adds rustic charm and flexibility, along with 1 full bathroom. An attached one-car garage provides additional storage for vehicles, outdoor gear, and recreational equipment. Step outside and discover why Lake City is considered one of Colorado's hidden gems. Enjoy easy access to world-class hiking, fishing, hunting, ATV and Jeep trails, mountain biking, camping, snowmobiling, ice climbing, and cross-country skiing. Lake San Cristobal, Colorado's second-largest natural lake, is just minutes away and offers boating, paddleboarding, kayaking, and fishing opportunities throughout the summer months. Located within walking distance of Lake City's historic downtown, you'll enjoy local restaurants, coffee shops, boutiques, galleries, and seasonal events. Spend your mornings exploring charming shops, grab lunch at a local café, and end the day watching the sunset over the surrounding mountain peaks. Whether you're searching for a full-time residence, mountain getaway, or investment opportunity, this authentic Colorado log home offers a rare chance to own a piece of the Lake City lifestyle with the added benefit of four town lots across two separate parcels, providing flexibility, privacy, and future potential. Experience mountain living, endless recreation, and small-town charm—all from your basecamp at 700 N Gunnison Avenue. Buyer to verify Square footage.

700 N Gunnison Ave, Lake City

$675,000
3 Beds 3 Baths 836002 MLS
Nestled in the heart of the Historic District in Lake City, this charming yellow Victorian home is situated on a property that dates back to 1890. Rich in historic character, the property is fully fenced and highlighted by a classic white picket fence and an inviting front porch adorned with intricate spindlework. One of the home's most distinctive architectural features is its well-proportioned bracketed bay window, a hallmark of Victorian design. A detached two-car carriage garage sits alongside the home, while a spacious storage shed provides additional functionality in the backyard. Inside, the home offers thoughtfully defined living spaces across three bedrooms and three bathrooms. The main-level primary suite features a private ensuite bath, providing convenient single-level living. The rustic living room showcases exposed wood beams, tongue-and-groove ceilings, and a cozy wood stove surrounded by brick, creating a warm and inviting gathering space. Formal dining is integrated into the living area and offers direct access to the backyard for effortless indoor-outdoor entertaining. The eat-in kitchen is equipped with abundant cabinetry and storage, while a large secondary living area at the rear of the home is filled with natural light from expansive windows. This flexible space also includes a guest bathroom and direct access to the side driveway and detached garage. Upstairs, two comfortable guest bedrooms share a full bathroom. The partly finished basement adds even more versatility, featuring a built-in sauna and additional space for relaxation, recreation, or hobbies. Living in Lake City means enjoying some of Colorado's finest year-round recreation. From hiking, fishing, ATV trails, and mountain adventures in the summer to the increasingly popular ice climbing season in winter, outdoor enthusiasts will find endless opportunities nearby. The vibrant downtown offers live music, theater, unique shopping, and dining, all set against a backdrop of beautifully preserved historic homes that capture the spirit and charm of a bygone era.

517 Silver St, Lake City

$650,000
3 Beds 2 Baths 835998 MLS
Set among aspens, spruce trees, and seasonal wildflowers on a private 1-acre lot, this 3 bedroom, 2 bathroom home offers peaceful mountain living just five minutes from downtown Lake City and Lake San Cristobal. Located in a quaint neighborhood of only 12 homes with county-maintained roads and no HOA, the property combines convenience, privacy, and year-round accessibility. Designed to embrace its mountain surroundings, the home features vaulted ceilings and floor-to-ceiling windows that fill the interior with natural light while showcasing beautiful scenic views. The sunken main living area is warm and inviting, with a wood-burning stove that provides a cozy alternative heat source on cold Colorado evenings. The kitchen is both functional and welcoming, featuring maple cabinetry, granite countertops, and ample workspace. The loft-style primary suite serves as a private retreat, complete with a walk-in closet, ensuite bath, and soaker tub. Two additional bedrooms and a full bathroom are conveniently located on the main level. Thoughtfully designed with the future in mind, the home includes space designated for the addition of an elevator if desired. Generous storage throughout the home further enhances its practicality and livability. Outdoor living is a highlight, with two spacious decks and a SunSetter awning that creates comfortable shade for relaxing, dining, or entertaining while taking in the surrounding landscape. The property also offers exceptional space for vehicles, recreational equipment, and hobbies with a 3-car attached garage and a large detached pole barn capable of accommodating side-by-sides, additional vehicles, or an RV. As an added bonus, property owners enjoy fishing rights on the Lake Fork of the Gunnison River, providing access to some of the area's most desirable trout waters. Whether you're looking for a full-time residence, a seasonal getaway, or a mountain property with room for adventure and recreation, this home offers a unique combination of natural beauty, comfort, and flexibility.

2079 Hummingbird Ln, Lake City

$159,000
835102 MLS
Rare opportunity to own a significant collection of historic patented mining claims in the heart of Colorado’s legendary Galena Mining District near Lake City in Hinsdale County. This offering includes a 90% undivided interest in six patented lode mining claims totaling approximately 53.69 acres, including the Accidental No. 2 Lode Claim (USMS No. 315), American Eagle Lode Claim (USMS No. 317), Big Horn Lode Claim (USMS No. 313), Iron Mask Lode Claim (USMS No. 318A), Printer Boy Lode Claim (USMS No. 314), and Mountain Giant Lode Claim (USMS No. 316). Steeped in Colorado mining history, these claims lie within one of the San Juan Mountains’ most storied mineral belts, known historically for rich silver, lead, zinc, and gold production during the great mining booms of the late 1800s. Surrounded by towering alpine peaks, rugged wilderness, and vast National Forest lands, this property offers unmatched recreational access and mountain character. Hinsdale County is one of the most remote and scenic counties in the lower 48 states, with over 96% public land, making privately held patented claims exceptionally rare. The area is renowned for world-class jeeping, ATV riding, hiking, hunting, fishing, snowmobiling, and backcountry exploration. Numerous historic mining roads and high mountain passes are nearby, providing endless adventure opportunities in every season. Wildlife is abundant throughout the region, with elk, mule deer, moose, black bear, and bighorn sheep frequently seen in the surrounding mountains, making this a fantastic hunting option for trophy GMU 66. Whether you are seeking a hunting property, recreational retreat, long-term investment, legacy property, or a unique piece of Colorado’s mining heritage, this collection of patented claims offers incredible potential in one of the most sought-after mountain regions in the state. With breathtaking scenery, rich history, and limited private ownership in the San Juans, opportunities like this rarely come available. Mineral Rights Included: "Together with all gold, silver, molybdenum, minerals, metals, ores, and other mineral bearing substances located therein..."Priced to sell. Seasonal access off of Engineer Pass. Property being sold “As is Where is.” Boundaries are approximate.

Tbd American Eagle Lode Claim Cluster, Lake City

$29,500
835097 MLS
Located deep in the breathtaking San Juan Mountains of Hinsdale County, the Frank Adams Mining Claim offers an incredible opportunity to own a piece of Colorado’s rich mining heritage surrounded by some of the most spectacular alpine scenery in the state. Tucked among towering peaks, rugged ridgelines, and vast public lands, this historic claim is ideal for outdoor enthusiasts, history buffs, or anyone seeking a private mountain retreat far from the crowds. With Hinsdale County consisting of over 96% public land, opportunities like this are increasingly rare in one of Colorado’s most pristine and remote mountain regions. The property provides direct access to endless recreational opportunities including hiking, ATV and jeep trails, hunting, fishing, camping, and backcountry exploration. Spend your summers exploring old mining roads, traversing nearby alpine passes, or enjoying the peaceful solitude and cool mountain air that make this area so special. Wildlife is abundant throughout the region, with regular sightings of elk, mule deer, moose, and black bear, making this a fantastic hunting option for trophy GMU 66. Nearby Lake City and Lake San Cristobal offer additional recreation, dining, and small-town mountain charm while still maintaining the quiet, secluded feel that draws people to the San Juans. Steeped in Colorado history, the Frank Adams Mining Claim sits below Dolly Varden Peak and just west of the Dolly Varden Mine an area once known for productive silver, lead, copper, and zinc mining during the late 1800s mining boom. Today, the property represents not only a tangible connection to the Old West, but also a chance to own a unique slice of mountain wilderness in a county where private land is exceptionally limited. Whether you’re looking for mineral exploration, a long-term investment, or your affordable slice of the Colorado Rocky Mountains, the Frank Adams Mining Claim delivers unmatched Colorado mountain character and adventure. This sale is for a 90% undivided interest in the Frank Adams Mining Claim. Mineral Rights Included: "Together with all gold, silver, molybdenum, minerals, metals, ores, and other mineral bearing substances located therein..."Priced to sell. Seasonal access off of Engineer Pass. Property being sold “As is Where is.”

Tbd Frank Adams Lode Claim, Lake City

$29,500
835095 MLS
Located deep in the breathtaking San Juan Mountains of Hinsdale County, the Russella Mining Claim offers an incredible opportunity to own a piece of Colorado’s rich mining heritage surrounded by some of the most spectacular alpine scenery in the state. Tucked among towering peaks, rugged ridgelines, and vast public lands, this historic claim is ideal for outdoor enthusiasts, history buffs, or anyone seeking a private mountain retreat far from the crowds. With Hinsdale County consisting of over 96% public land, opportunities like this are increasingly rare in one of Colorado’s most pristine and remote mountain regions. The property provides direct access to endless recreational opportunities including hiking, ATV and jeep trails, hunting, fishing, camping, and backcountry exploration. Spend your summers exploring old mining roads, traversing nearby alpine passes, or enjoying the peaceful solitude and cool mountain air that make this area so special. Wildlife is abundant throughout the region, with regular sightings of elk, mule deer, moose, and black bear, making this a fantastic hunting option for trophy GMU 66. Nearby Lake City and Lake San Cristobal offer additional recreation, dining, and small-town mountain charm while still maintaining the quiet, secluded feel that draws people to the San Juans. Steeped in Colorado history, the Russella Mining Claim sits below Dolly Varden Peak and just east of the Dolly Varden Mine an area once known for productive silver, lead, copper, and zinc mining during the late 1800s mining boom. Today, the property represents not only a tangible connection to the Old West, but also a chance to own a unique slice of mountain wilderness in a county where private land is exceptionally limited. Whether you’re looking for mineral exploration, a long-term investment, or your affordable slice of the Colorado Rocky Mountains, the Russella Mining Claim delivers unmatched Colorado mountain character and adventure. Mineral Rights Included: "Together with all gold, silver, molybdenum, minerals, metals, ores, and other mineral bearing substances located therein..."Priced to sell. Seasonal access off of Engineer Pass. Property being sold “As is Where is.”

Tbd Russella Lode Claim, Lake City

$1,495,000
5 Baths 834965 MLS
Set on 1.139± acres, The Broadaxe is a rare and versatile multi-family property offering breathtaking views, thoughtful architectural details, and endless opportunity. Perched on a hillside, the property captures sweeping vistas of Round Top and Red Mountain while providing a peaceful setting where you can even hear the nearby river. The main residence is both spacious and inviting, featuring two bedrooms, two bathrooms, and two flexible spaces that can easily serve as offices, art studios, or additional bedrooms. Inside, the home is filled with natural light from abundant windows, highlighting the beautiful oak flooring and impressive wood beams throughout. Two separate living areas provide comfort and character—one centered around a cozy wood-burning stove, the other showcasing a striking stacked-stone fireplace. The kitchen is efficiently designed and overlooks one of the living spaces, creating a warm, connected atmosphere with room for dining. French doors lead directly from the kitchen to a scenic deck, perfect for enjoying the surrounding views. The home also offers a large laundry room, several spacious storage areas, some of which are heated, and access to an unfinished attic that has already been plumbed for a bathroom, presenting an excellent opportunity for future expansion. A charming library hallway connects the main home to the guest quarters, which can be closed off for privacy. This space includes two bedrooms, one bathroom, a dining area, and an efficiency kitchenette complete with a refrigerator, microwave, and sink. The living room here is especially inviting, with a floor-to-ceiling stacked-stone fireplace that adds warmth and character. Attached to the main home is a spacious one-bedroom, two-bath apartment with its own private entrance and a large deck. This unit features wood flooring, exposed ceiling beams, a dedicated laundry room, and an updated kitchen with stainless steel appliances. A Rinnai heater ensures efficient comfort, making this space ideal for extended family or rental income. In addition, a detached studio apartment provides even more flexibility. With a two-room layout and a bathroom, it can serve as guest accommodation, a creative workspace, or an additional income-producing unit. The outdoor setting is equally appealing, with mature trees, a lush lawn, and vibrant flowerbeds that bloom with daisies and perennials throughout the summer months. A sprinkler system was recently installed to maintain the landscape’s beauty and greenery. The location offers both convenience and charm. The property is within walking distance to the river, as well as a bakery, grocery store, and service station. Just a short drive away, the historic town of Lake City provides a variety of restaurants, shops, and recreational opportunities year-round. Whether envisioned as a private family retreat, a multi-generational home, or an income-producing investment, The Broadaxe presents a unique opportunity to own a truly special property immersed in local history in an exceptional setting.

951 N Hwy 149, Lake City

$1,495,000
5 Beds 5 Baths 834450 MLS
Set on 1.139± acres, The Broadaxe is a rare and versatile multi-family property offering breathtaking views, thoughtful architectural details, and endless opportunity. Perched on a hillside, the property captures sweeping vistas of Round Top and Red Mountain while providing a peaceful setting where you can even hear the nearby river. The main residence is both spacious and inviting, featuring two bedrooms, two bathrooms, and two flexible spaces that can easily serve as offices, art studios, or additional bedrooms. Inside, the home is filled with natural light from abundant windows, highlighting the beautiful oak flooring and impressive wood beams throughout. Two separate living areas provide comfort and character—one centered around a cozy wood-burning stove, the other showcasing a striking stacked-stone fireplace. The kitchen is efficiently designed and overlooks one of the living spaces, creating a warm, connected atmosphere with room for dining. French doors lead directly from the kitchen to a scenic deck, perfect for enjoying the surrounding views. The home also offers a large laundry room, several spacious storage areas, some of which are heated, and access to an unfinished attic that has already been plumbed for a bathroom, presenting an excellent opportunity for future expansion. A charming library hallway connects the main home to the guest quarters, which can be closed off for privacy. This space includes two bedrooms, one bathroom, a dining area, and an efficiency kitchenette complete with a refrigerator, microwave, and sink. The living room here is especially inviting, with a floor-to-ceiling stacked-stone fireplace that adds warmth and character. Attached to the main home is a spacious one-bedroom, two-bath apartment with its own private entrance and a large deck. This unit features wood flooring, exposed ceiling beams, a dedicated laundry room, and an updated kitchen with stainless steel appliances. A Rinnai heater ensures efficient comfort, making this space ideal for extended family or rental income. In addition, a detached studio apartment provides even more flexibility. With a two-room layout and a bathroom, it can serve as guest accommodation, a creative workspace, or an additional income-producing unit. The outdoor setting is equally appealing, with mature trees, a lush lawn, and vibrant flowerbeds that bloom with daisies and perennials throughout the summer months. A sprinkler system was recently installed to maintain the landscape’s beauty and greenery. The location offers both convenience and charm. The property is within walking distance to the river, as well as a bakery, grocery store, and service station. Just a short drive away, the historic town of Lake City provides a variety of restaurants, shops, and recreational opportunities year-round. Whether envisioned as a private family retreat, a multi-generational home, or an income-producing investment, The Broadaxe presents a unique opportunity to own a truly special property immersed in local history in an exceptional setting.

951 N Hwy 149, Lake City

$949,000
7 Beds 3 Baths 834261 MLS
The Lodge is a haven for those who seek solace amidst nature's grandeur. Nestled on 8.04± acres of pristine mountain landscape, this property offers an unparalleled sense of tranquility and seclusion. The captivating views, complemented by the soothing sounds of the nearby river, create an atmosphere of serenity that is truly captivating. Wildlife abounds, with the occasional moose sighting adding to the sense of wonder and connection with nature. The home itself is thoughtfully designed, with an emphasis on both comfort and entertainment. The expansive living space boasts ample windows, inviting the beauty of the outdoors inside. Whether lounging by the stone wood-burning fireplace in the family den or enjoying a meal in the well-appointed kitchen with its new range and pass-through to the dining area, every moment promises to be filled with warmth and hospitality. With an owner suite offering stunning views of Crystal Peak, as well as six additional bedrooms on the lower level, there is ample space for family and guests to unwind and rejuvenate. The covered patio, accessed from the walkout basement, provides a perfect spot to enjoy the fresh mountain air and breathtaking vistas. Outside, the maintained grounds showcase nature's splendor, with the detached garage offering ample space for 6 vehicles, a covered wood shelter, and container storage. The convenient graveled circular driveway ensures easy access to this mountain retreat, just three miles from the charming town of Lake City. Surrounded by endless opportunities for outdoor recreation—from exploring nearby lakes and rivers to summiting majestic 14ers—this Lodge offers a lifestyle that is both exhilarating and serene. Short-term rentals are permitted with no restrictions, providing excellent income potential. This is a rare opportunity to experience the beauty, tranquility, and adventure of mountain living all in one exceptional property.

2257 S Hwy 149, Lake City

$289,000
2 Beds 1 Baths 833521 MLS
Cabin 4 at Pleasant View Resort offers a charming blend of rustic character and modern comfort—perfect for a peaceful mountain getaway or year-round living. Ideally situated near the center of the cabin row, this unit enjoys a quiet setting with scenic views of the surrounding landscape. Inside, the cabin features a bright open-concept layout that connects the kitchen, dining, and living areas, creating a warm and inviting space for gathering and relaxing. Two comfortable bedrooms and a well-appointed bathroom provide both convenience and functionality. Recent updates enhance the home’s livability, including radon mitigation, new appliances, a Rinnai heater, updated trim work, and insulation throughout, making it well-suited for all seasons. Step outside onto the covered deck to enjoy fresh mountain air and peaceful surroundings—an ideal spot for morning coffee or evening unwinding. Cabin 4 blends the warmth of a welcoming resort community with the comfort of a private retreat. Owners can enjoy personal use while also taking advantage of optional rental pool participation for added income potential. Just a short drive from the historic town of Lake City, the cabin offers convenient access to dining, shopping, entertainment, and essential services, including medical care, making it an ideal balance of relaxation and practicality. Outdoor enthusiasts will appreciate the direct access to the Alpine Loop, along with nearby fishing opportunities at the Lake Fork of the Gunnison and Lake San Cristobal—making this cabin a perfect basecamp for year-round adventure.

550 Park St, Lake City

$1,050,000
3 Beds 3 Baths 833369 MLS
Alpine Loop Retreat Beautiful D-log cabin offering 3,832± sq. ft. of living space. The main cabin is 3 bedrooms and 2 bathrooms, spanning 3 floors. The primary bedroom is on the main floor along with the kitchen, living room, sun room, bathroom, and laundry room. The top floor is a bedroom with extra space for an office or art studio. It is covered by natural light from the windows and skylights. The walk-out basement encompasses a bedroom, bathroom, and living space. Attached to the cabin was a three-car garage, which has been reduced in size to an oversized 1-car. The remaining garage has been converted into a 1-bed 1-bath apartment. The cabin sits on 1.23± acres alongside County Road 30, which is maintained year-round. The cabin is situated on the property to be able to have incredible views of the Continental Divide. A standalone shed with a garage door is great for all your toys and gear. Serviced by a well, which the seller says has the best-tasting water around. There are no covenants or HOA’s, so no rules to follow. Located in the county, short-term rentals are allowed. Located on the Alpine loop with access to 1,000-plus acres of public land to play on and explore. Lake San Cristobal is a short drive with fishing, canoeing, and paddleboarding. The Lake Fork River meanders along County Road 30 to provide excellent fly fishing. The cabin provides a true outdoor playground. Lake City is a short drive away, offering shopping, restaurants, and activities for every age. This is a truly must-see property.

5901 Hinsdale County 30th Rd, Lake City

$1,100,000
6 Baths 833128 MLS
Exceptional multi-unit opportunity in the heart of Lake City! This unique property features three separate living spaces, offering flexibility for investment, multi-generational living, or a combination of personal use and rental income. Commonly referred to as "The Manor," is a highly desirable short term rental in Lake City. This exceptional property is charming, historic, and full of Victorian character, offering a rare blend of timeless appeal and versatility. The main residence showcases timeless architectural charm and a warm, inviting atmosphere with exceptional tin ceilings, and offering 6 bedrooms and 3.5 bathrooms. Upstairs, you’ll find a dream-worthy primary suite with a private ensuite, featuring a spacious bathroom with dual vanities. There's plenty of storage in the walk-in closet! Cozy up by the fireplace during the winter months, or start your mornings soaking in the sunrise from your private primary suite balcony—your own peaceful retreat to begin and end each day overlooking the backyard with Mountain Views. Rich in history and thoughtfully maintained, the home offers spacious living areas, abundant natural light, and a unique Victorian aesthetic that sets it apart from today’s more modern builds. Some bedrooms may be non-conforming and may not include a closet, but do have space for a dresser or armoire. Attached to the main home with a separate private entrance is a 2-bedroom, 1-bath apartment—ideal for guests, long-term rental income, or private living quarters while maintaining separation from the main residence. The property also includes a detached studio with its own bathroom, perfect for additional rental income, guest accommodations, or a quiet retreat or workspace. Each unit enjoys its own separate yard space, offering privacy and flexibility for occupants, while the property is enhanced by mature trees and established landscaping that add to its charm and inviting setting. A detached garage provides convenient storage for vehicles, outdoor gear, or recreational equipment. Located in a prime in-town setting, this property offers easy access to Lake City’s shops, dining, and year-round outdoor recreation including hiking, fishing, and ATV trails. Whether you're looking for an income-producing investment, a multi-generational property, or a one-of-a-kind mountain retreat, 426 Gunnison Ave offers unmatched Victorian charm and flexibility in a highly desirable location. Buyer to verify all information including but not limited to square footage, unit configurations, rental potential, and permitted uses. Buyer to verify all square footage.

426 Gunnison Av Ave, Lake City

$745,000
5 Beds 3 Baths 833124 MLS
Step into timeless charm with this absolutely stunning Victorian home in the heart of Lake City. It is commonly known as the “Bonnie Rose," and a highly popular short-term rental. This home blends historic character with thoughtful updates, offering warmth, elegance, and functionality throughout. From the moment you enter, you’ll be captivated by the gorgeous wood floors and a light-filled living room anchored by a statement chandelier that adds a touch of sophistication and charm. The updated kitchen features crisp white cabinetry, a new oven/range, and hood—perfectly balancing modern convenience with the home’s historic appeal. The main level offers a convenient primary bedroom with a private ensuite bathroom, along with an additional bedroom and guest bathroom. Upstairs, you’ll find three more bedrooms and a ¾ bath, providing flexible space for guests, family, or a home office setup. Some of the historic bedrooms may be nonconforming and may not include traditional closet space, but offer ample room for an armoire or dresser. Outside, enjoy a large yard space perfect for entertaining and spending time with friends and family, all while surrounded by the beauty of the mountains. This is a rare opportunity to own a truly unique and beautifully preserved home that captures the essence of Lake City living—where historic charm and outdoor lifestyle come together seamlessly. Your dream Victorian home in the mountains awaits—where timeless charm meets endless outdoor adventure. Ideally located in the heart of Lake City, you’ll enjoy immediate access to hiking, biking, hunting, fishing, ATV riding, and nearby Lake San Cristobal, making this the perfect basecamp for year-round Colorado living. Buyer to verify all square footage.

530 Silver St, Lake City

$649,000
3 Beds 3 Baths 833026 MLS
This historic land was originally a part of the neighboring Elk Creek Ranch and in 1878 the Homestead of John N. Thompson. The Ute Indian Trail went right through the meadow (seen from the kitchen window) when they were traveling to the high country hunting grounds. This special acreage is a wonderfully private family retreat situated on 10+ acres with scenic mountain views and the south boundary line going to the Centerline of the main channel of Elk Creek. Although located in Gunnison County, you are less than 10 miles from the Town of Lake City. The stick built 2-story home, with no maintenance vinyl siding and efficient in-floor heat, was originally constructed in 2001. The detached garage was constructed in 2010. The main floor entrance was formerly a workshop/garage space that has since been converted into additional residential space with a sitting/media area, 3 bedrooms, one 1/2 bath, one 1/2 bath with sink/tub only, utility room with sink, and two separate entrances. At the top of the stairs is the kitchen with a nice sized pantry and small exterior balcony with Elk Creek Ranch meadow views. The bright and open living room with dining area has plenty of custom Cypress wood built-in storage, a 3/4 bath and a wonderful exterior deck to enjoy the south facing views. The oversized detached 2-car garage has an unfinished second story with plenty of storage and currently used as a kids game room. The driveway is privately maintained and could potentially be accessible year round. A Transfer of Title Septic Inspection Report was completed in March 2025. Gunnison County has issued in 2025 a Certificate of Occupancy for the previous remodel conversion to residential space. The home will be sold partially furnished as well. Please contact Brokers today to schedule a showing of this unique mountain acreage in the heart of the San Juan Mountains.

945 State 149th Hwy, Lake City

$985,000
3 Beds 3 Baths 832677 MLS
Highview Haven is perched on a scenic ridge above San Juan Ranch Estates, offering a rare combination of peace, luxury, and community. This stunning home is set on 5.25 acres, perfectly positioned to capture breathtaking views of the surrounding mountains, with glimpses of the Lake Fork of the Gunnison River and several serene ponds. The setting exudes privacy while being part of a welcoming neighborhood, ideal for those seeking seclusion and connection. Owners of this property enjoy exclusive fishing privileges on a semi-private stretch of the Lake Fork of the Gunnison River, as well as access to a well-stocked pond, making it a haven for fishing enthusiasts. The community also features a picnic pavilion and a large barbecue pit, perfect for family gatherings and outdoor events that foster a close-knit neighborhood spirit. The home itself offers 1,977± sq. ft. with three bedrooms and three bathrooms. The kitchen is designed for both beauty and functionality, with granite countertops, a large island, and custom cabinetry. The dining room flows off the kitchen with large sliding doors that offer stunning views and entry to the covered back deck. The main living space is both grand and inviting, with dramatic windows on three sides that flood the room with natural light and showcase the surrounding landscape. This space also opens directly onto the deck, enhancing the home’s connection to the outdoors. The owner’s suite is thoughtfully located on the main floor. This suite includes direct access to a covered deck and a spacious ensuite bathroom. Also on the main floor are a guest bathroom and a dedicated office, perfect for working from home or managing day-to-day tasks. Upstairs, you’ll find two spacious guest bedrooms and a full bathroom, along with an open view of the living space below, capturing the spectacular scenery visible through the home’s expansive windows. Additional features include a two-car garage, ample parking space for guests, a fire pit for enjoying cool mountain evenings, and covered and uncovered decks designed for entertaining and relaxing every season. Blending comfort, elegance, and the natural beauty of the Colorado mountains, Highview Haven is a truly special place to call home. San Juan Ranch Estate owners enjoy exclusive fishing rights on a semi-private stretch of river, a stocked pond, and access to a community pavilion and BBQ area. Whether you're seeking a full-time residence or a seasonal retreat, Highview Haven delivers comfort, convenience, and connection to nature. With a welcoming community spirit, stunning surroundings, and thoughtful amenities, this is mountain living at its finest.

1301 Red Mountain Dr, Lake City

$985,000
3 Beds 4 Baths 832228 MLS
Stunning Mountain Retreat on 2.05± Acres in Park Creek West Subdivision Experience refined mountain living in this contemporary 3,211± square-foot home, thoughtfully designed for comfort, style, and functionality. The main living area is a true showstopper, featuring a striking tongue-and-groove ceiling, expansive windows that frame breathtaking views, and a seamless open-concept layout connecting the living, dining, and kitchen spaces. The custom kitchen flows effortlessly into a charming breakfast nook—currently utilized as an office nook—along with a half bath, mudroom, laundry area, and an additional dedicated office complete with beautiful built-in desks. From here, enjoy convenient access to the heated two-car garage. The main-floor owner’s suite is a private sanctuary, showcasing tasteful upgrades throughout. Highlights include a spacious walk-in closet with in-floor heat and a luxurious ensuite bath featuring a jetted tub, separate shower, and double vanities. Large windows line the suite, filling the room with natural light and passive solar warmth. Upstairs, two inviting guest bedrooms capture peaceful mountain views and share a full guest bath. The walk-out basement offers exceptional flexibility—currently serving as an art studio—with a half bath and abundant storage. A stunning metal spiral staircase provides architectural flair and convenient access from the main level. Outdoor Living & Sustainable Features The exterior is equally impressive, featuring a large, partially covered deck ideal for entertaining, flagstone patios and walkways, thoughtful landscaping, and a generous parking area. A standout feature is the newly installed 5,000-gallon rooftop water catchment system, professionally designed and installed by Blue Green Water Systems. Snow and rainwater are collected from the metal roof and stored in holding tanks inside a heated adjacent building. The system purifies and filters water for household use, serving as either a supplement to the existing well or a fully self-sufficient water source. Unmatched Mountain Setting Surrounded by breathtaking peaks, the property enjoys views of Round Top, Crystal Peak, and the majestic Continental Divide. Located just a short drive from the historic Lake City, you’ll also enjoy easy access to Lake San Cristobal, the Lake Fork of the Gunnison River, and thousands of acres of public lands—offering endless opportunities for hiking, fishing, boating, and year-round adventure. This is more than a home—it’s a mountain lifestyle.

1244 Golden Pearl Ln, Lake City

$485,000
1 Beds 1 Baths 831985 MLS
Charming mountain retreat in the heart of Lake City! 2 cabins and a metal building workshop. The main cabin is a 1-bedroom, 1-bath home offers thoughtfully updated living space with character, warmth, and modern improvements throughout. Since purchasing, the owners have completed extensive upgrades including updated electrical and plumbing, new insulation, drywall installation, and replacement double-pane windows. The kitchen has been beautifully remodeled with newer appliances and handcrafted beetle-kill wood cabinetry, creating a true Colorado mountain feel. Flooring has been replaced and some kept to the original hard-wood floors, ceilings were opened and vaulted for a more spacious design, a built-in desk was added, and barn doors bring added charm and functionality. The bedroom was redesigned to include a walk-in closet, and the bathroom has been fully renovated. Heating and ambiance are enhanced with both a cozy wood-burning stove and a Rinnai heater, offering efficient comfort year-round. A nice sized deck creates the perfect space to relax and enjoy the mountain setting. Situated on four city lots, this property provides rare in-town space to spread out, park an RV, and enjoy true mountain living. The fenced front and back yards make this property especially appealing for dog lovers, offering both security and room to roam. A ready-to-go chicken coop makes it easy to start your own hobby farm or embrace a more self-sufficient lifestyle. In addition to the main home, the property features a second cabin of over 700 square feet, ideal for guests, studio use, or flexible additional living space. There is also a spacious insulated metal building Garage of over 700 square feet, offering a wood burning stove and ample room for storage, outdoor gear, ATVs, or workshop use. Also, within this metal building there is a insulted she/shed shop. Just blocks and walking distance to downtown Lake City, restaurants, shops, medical center, post office hiking and Jeep trails, and access to the surrounding mountains, this property offers year-round adventure right outside your door. All square footage measurements are approximate; buyer to verify all measurements and property details. So many great bonuses, it is a must-see property.

701 N Gunnison Ave, Lake City

$595,000
829562 MLS
Location! Location! Location! A Lake City favorite of locals and tourists alike, Chillin' is a year round breakfast, lunch & live music on Friday night gathering place where 40+ years of BBQ tradition meets the scenic mountains of Lake City, Colorado. Established in 2014, the retired firefighter owner brings authentic, slow-smoked BBQ with no shortcuts to every plate. Indoor seating for 22, outdoor front deck seating for 50 and large back patio area/music venue for up to 150 with a 10' x 18' lighted music stage with pergola. The business name, good will, POS system, security system and vendors will be included in the sale. The commercial kitchen offers a Type 2 Vent-A-Hood, (1) 4' refrigerated prep table, (1) 4' refrigerated salad bar, 4 place countertop steam table, 3 panini grills, countertop convection oven, 2-burner hot plate, ice machine, 6' beer cooler, smoothie machine and new espresso machine, in addition to all indoor/outdoor dining fixtures and free standing patio heating units. The back patio area offers a detached covered bar with refrigerator & ice chest, 2 pellet smokers, Blackstone griddle, 8-burner Charbroil grill, and detached storage shed that will convey to a new owner. Additionally there are multiple freezers, refrigerators and shelved storage areas to prep for the busy summer tourist season. Best-of-all...an owner/operator can live upstairs in the efficiency apartment offering 1 bedroom with a 3/4 bath and open kitchen/living area. Property is zoned Central Business District with direct access via State Highway 149 (aka: Gunnison Avenue). Ideally located in the heart of the Town of Lake City's Historic District, adjacent to the Town Park off of the back alley, and within walking distance to the river trails, Memorial Park, Lake City Arts, Armory, shops, Lake City Public Library, churches and Lake City Community School. Great business opportunity with built-in residence in the scenic San Juan Mountains. Please note that any exterior remodel and/or additions will need to be approved by the Historic Approval Board. An NDA, found in the Documents Icon, will need to be signed prior to releasing any financials. Due to the year round business, showing appointments need to be scheduled in advance. Please contact Brokers for additional information.

205 N Gunnison Ave, Lake City

$845,000
828774 MLS
**A Rare Investment Opportunity in the Heart of Colorado's San Juan Mountains** Discover the incredible potential of this unique offering featuring **two (½) undivided interests in the historic Silver Leaf Lode Claim (USMS No. 20423)**, encompassing **19.313 acres** in the Lake Mining District just minutes from Lake City, Colorado. With infrastructure already in place and multiple future building opportunities, this property is ideal for investors, developers, or anyone looking to create an extraordinary mountain retreat. The current owner has invested significant time and effort into improving the property by creating an established road system that winds throughout the land, providing easy access to **multiple leveled building sites** strategically positioned for future cabins, homes, or recreational use. These ready-to-build locations offer exceptional flexibility for a variety of development possibilities. Along the roadside, you'll find a **large, leveled, fenced area** that provides additional usable space for equipment, storage, parking, or future improvements. Also included is a truly one-of-a-kind feature—an **enclosed timber-framed mountain cave**, built into the hillside, offering secure storage and adding to the property's rich mining history and character. Adding even more value, the property includes **private frontage along Henson Creek**, where you can enjoy fishing, relaxing by the water, and direct private creek access. Bordering **BLM public land**, you'll have immediate access to endless hiking, hunting, ATV, Jeep, and outdoor recreation opportunities right from your property. Additional improvements include: * Year-round access via a privately maintained road * Five established, leveled building sites * Two wells (including one shared well) * Existing septic system * GCEA electric service available * No HOA, offering flexibility for future development Whether your vision includes a family mountain compound, vacation cabins, short-term rental investment, or simply securing a spectacular piece of Colorado history, the **Silver Leaf Lode Claim** offers a combination of infrastructure, natural beauty, and investment potential that is increasingly difficult to find. Opportunities like this are rare in Lake City. Bring your vision and explore the endless possibilities this exceptional mountain property has to offer. **All future development, land use, building plans, and improvements are subject to Hinsdale County approval. Buyers are encouraged to verify all intended uses, permitting requirements, and development potential with Hinsdale County prior to purchase.** Legal Summary (Parcels MINER1704 & MINER2932): ½ UND INT: SILVER LEAF LODE CLAIM, USMS No. 20423, 19.313 acres, Sec 33 T44N R4W, Lake Mining District.

11005300 High Mtn, Lake City

$540,000
3 Beds 2 Baths 826652 MLS
Charming Log Home in Lake City! Welcome to 519 Hotchkiss Street, a rare opportunity to own a gorgeous cabin in the picturesque mountain town of Lake City, Colorado. Nestled on a spacious 3 lots, this charming residence offers approximately 1,473 sq ft of living space, perfect for those seeking a full-time mountain retreat, vacation home, or investment property. This home offers 2 Bedrooms + additional loft area and 1 3/4 Bathrooms. It has passive solar heat and a wood burning stove to keep you warm all winter long. Unwind after a day of hiking by watching the beautiful sunset on your deck or enjoy your own private indoor sauna. Step inside to discover a bright and open layout with rustic character and timeless appeal. Large windows let in abundant natural light while showcasing stunning views of the surrounding San Juan Mountains. Outside, enjoy the serene beauty of a private yard with your own connected indoor gardening area and plenty of room to entertain. Located just a short stroll from Lake City’s historic downtown, you’ll have quick access to local shops, dining, trails, and the scenic Lake San Cristobal. Whether you’re dreaming of a peaceful getaway or a smart investment in one of Colorado’s most beloved mountain communities, 519 Hotchkiss Street is full of potential and charm. Don’t miss this chance to own a unique home in an unbeatable location! This is the seller's dimensions for the home: First level: 29.5' x 37' = 1091.5 sqft. Greenhouse extension: 17' x 2.75' = 46.75 sqft. cold entry at West house entry: 4' x 5.33' = 21.32 sqft Total first floor square footage: 1159.57 sqft. Second level loft room: 16.33ft. x 11.33ft = 185 sqft. add to this the library bookcase area: 13.5 sqft. Total loft area bedroom: 198.5 sqft. Cat walk and stair landing: (9'x3') + (5'x3') = 42 sqft. East 2nd floor bedroom: 12' x 12' = 144 sqft. Total: 384.5 sqft. Bedroom closets: two at 12sqft each: 24 sqft. bathroom: 29 sqft. laundry room: 20 sqft. total: 73 sqft. Total 2nd level square footage: 457.5 sq ft. Total house square footage: 1159.5 +457.5 = 1617 square foot for the home Buyer to verify all square footage.

519 Hotchkiss St, Lake City

$450,000
7 Baths 822616 MLS
Investment Opportunity awaits! If you're seeking a property with income potential nestled in one of Colorado's prime outdoor recreation destinations, look no further. The property at 401 N Silver St in Lake City, CO, is a unique offering comprised of six distinct rental units. Built in 1960, this multi-family property is perfect for investors aiming to capture rental income from a steady stream of outdoor enthusiasts and locals alike. This 4,015-square-foot building is divided into six units: one 3-bedroom unit with a 3/4 Bath on the main level and a 3/4 Bath upstairs, one 2-bedroom unit with a full bathroom, and four 1-bedroom units, each equipped with a 3/4 bathroom. The diversity in unit size offers flexibility for various tenant needs, appealing to different segments within the rental market. Situated in the heart of Lake City, this property's location is its standout feature. Lake City is renowned for its breathtaking scenery and wealth of outdoor activities. It's home to the Alpine Loop, a highly sought-after locale for hiking and off-road driving. In the winter many can be found enjoying the thrills of ice climbing in Lake City. Additionally, Lake San Cristobal, Colorado's second-largest natural lake, offers opportunities for boating, kayaking, paddle boarding, and ice fishing, drawing year-round tourism. These amenities make Lake City an attractive place for both short-term and long-term tenants, ensuring those units are not left vacant for long. Investors with a keen eye for potential rental income will not want to miss this property! Its location and structure offer a unique blend of small-town charm and modern convenience. Owning property in Lake City means tapping into a market that values its natural surroundings and outdoor amenities, thereby supporting always-in-demand rental real estate. This property offers potential for long-term growth and equity. It's a chance to invest in one of Colorado's hidden gems and secure a foothold in this picturesque community. Foundation repairs have been made! Buyer to verify all sq footage. For more information or to schedule a viewing, feel free to contact me directly.

401 N Silver St, Lake City

$995,000
819493 MLS
Lake City's Largest Commercial Land Opportunity Unlock the potential of 2.41 acres in the heart of Lake City, Colorado—one of the largest commercially zoned parcels currently available. Located at 865 Gunnison Avenue and zoned General Business, this exceptional property offers outstanding visibility, easy access, and endless possibilities for future development. Perched on a level site with sweeping mountain and town views, this rare offering provides an ideal setting for a wide range of commercial ventures. Whether you're envisioning retail, hospitality, mixed-use development, workforce housing (subject to approvals), storage, or another business opportunity, this property offers the space and flexibility to bring your vision to life. The property already features electricity on-site, along with storage containers and covered parking, providing immediate utility while you plan your future project. With its generous size and prime location just minutes from Lake City's historic downtown, the property offers a unique opportunity to invest in one of Colorado's most sought-after mountain communities. Lake City continues to attract visitors year-round for its world-class fishing, hiking, Jeeping, ATV trails, hunting, and access to the surrounding San Juan Mountains. As tourism and interest in the area continue to grow, opportunities for large commercial parcels like this remain exceptionally limited. Whether you're looking to develop now or invest for the future, 865 Gunnison Avenue offers the location, infrastructure, and potential to create something truly special. Buyers are encouraged to verify all intended uses, zoning requirements, and development possibilities with the Town of Lake City.

865 Gunnison Ave, Lake City

$799,000
4 Beds 4 Baths 828100 MLS
Welcome to your River Front dream home at 478 Henson St, located in the picturesque town of Lake City, CO. This stunning 4-bedroom, 3.5-bath residence offers a blend of rustic charm and modern comforts, making it perfect for anyone seeking a tranquil lifestyle. Property Highlights: Bedrooms & Baths: This spacious home features 3 cozy bedrooms and 2.5 well-appointed bathrooms, ensuring ample space and privacy. Apartment: A versatile apartment over the garage provides additional living space as a studio with a bathroom, perfect for guests, in-laws, or continued use as a rental. Private River Access: Enjoy 150 feet of private river fishing access right in your backyard, a fisherman’s paradise! Wood Burning Stoves: Five wood-burning stoves add a touch of warmth and ambiance throughout the home. Hot Water Heaters: Two separate hot water heaters ensure that everyone's needs are met seamlessly. Library Area: Unwind with your favorite book in the dedicated library space. Patio: A serene patio overlooking the river offers the perfect spot for relaxing or entertaining guests. Prime Location: Situated within walking distance to Lake City, enjoy easy access to local shops, dining, and recreational activities. Don’t miss the chance to own this enchanting riverside home, offering a unique combination of natural beauty and convenient living. Embrace the Lake City lifestyle today! Lake City offers abundant public lands with access to hiking trails, The Famous Alpine Loop, Lake San Cristobal, ice climbing, a ski hill, and much more to enjoy!

478 S Henson St, Lake City

$1,620,000
4 Beds 4 Baths 822672 MLS
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 • Explore jeep/side by side rental possibilities 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 décor, 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.

1415 And 1425 N Hwy 149, Lake City

$1,620,000
819088 MLS
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 décor, 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.

1415 N Hwy 149, Lake City

$1,100,000
5 Beds 1 Baths 818278 MLS
72.5+ acres of alpine bliss – likely the largest piece of privately owned property left on the mountain! Situated on Hinesdale CR 30, this massive lot offers 2 off grid cabins, a workshop, ponds, internet service and abundant wildlife. Upper Lake Fork of the Gunnison runs along the northern edge of the property & White Cross Creek flows on the eastern edge of the property providing deeded water to the cabins. Surrounded by 14,000’ peaks of the San Juans & BLM land, you are sitting along the Upper White Cross bowl - a home for a large elk herd of trophy bull & ample mossy mule buck and doe. Three separate mines are found on the property, and historic structures remain today. The ‘Lower Cabin,’ built in 2015 with timber milled onsite, has a full kitchen, living room, 2 bedrooms plus a loft and a wrap-around, 8-foot wide Trex porch with incredible views. The ‘Upper Cabin,’ also constructed of site milled timber, was built in 1994 using a unique mortise and tenon style. Upper Cabin offers another full kitchen, living room, loft space with 2 bed areas and a bath house style bathroom equipped with on demand hot water & a rain shower – off grid in luxury! Both cabins offer a relaxing and welcoming place to stay – whether you’re getting some rest & relaxation or playing hard on the OHV trails! Easily pass through your gated drive and hit the Alpine Loop to explore the heart of the San Juans. Checkout your new “backyard” and visit abandoned town sites, former mining structures, American Basin, Cinnamon Pass, Engineer Pass & so much more. Situated between Lake City and Silverton, approximately one hour to either town for amenities.

19000 Hinsdale County 30th Rd, Lake City

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