311 Pioneer, Golden, CO 80403
Local realty services provided by:ERA New Age
Listed by: nicholas melzer
Office: compass - denver
MLS#:3212164
Source:ML
Price summary
- Price:$1,995,000
- Price per sq. ft.:$814.29
About this home
Don't miss this incredible investment opportunity in the Denver foothills. Gilpin County STR regulations recently changed to allow the short term rental of both the A-Frame and the ADU - providing the opportunity for well over $200,000 in net revenue! This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be immediately owner-occupied or rented on a 30-day+ basis, and after issuance of Gilpin County STR permits to a new buyer, both of them can be rented on a short term basis (and without a wait if one structure is owner-occupied). Assuming steady performance from the A-Frame as an STR and similar performance from the ADU once permitted, you could easily achieve an 11%+ cap rate at this asking price. With a sought-after style you simply won't find anywhere else, privacy, views for miles, and a location practically in the State Park that's only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether you're looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio....
Contact an agent
Home facts
- Year built:2023
- Subdivision & Development:n/a
- Listing ID #:3212164
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Laminate, Vinyl, Wood
- Bathrooms Description:Five Piece Bath
- Kitchen Description:Convection Oven, Dishwasher, Disposal, Down Draft, Eat-in Kitchen, Freezer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
- Basement Description:Unfinished, Walk-Out Access
- Living area:2,450 sq. ft.
Heating and cooling
- Heating:Radiant Floor
Structure and exterior
- Roof:Metal
- Year built:2023
- Building area:2,450 sq. ft.
- Lot Features:Fire Mitigation, Foothills, Level, Rock Outcropping, Secluded
- Architectural Style:A-Frame
- Construction Materials:Frame, Metal Siding
- Exterior Features:Deck, Fire Pit, Lighting, Private Yard, Spa/Hot Tub
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Gilpin County School
- Middle school:Gilpin County School
- Elementary school:Gilpin County School
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$814.29
- Tax amount:$2,391
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Double Pane Windows
Parking
- Parking description:Driveway-Gravel
New listings near 311 Pioneer
- Coming Soon
$615,000Coming Soon3 beds 2 baths1,155 sq. ft.1095 Terry, Golden, CO 80401
MLS# 2241793Listed by: WESTBOUND REALTY, LLC - New
$470,000Active1 beds 1 baths1,154 sq. ft.47 Sunny, Golden, CO 80403
MLS# 9689098Listed by: BERKSHIRE HATHAWAY HOMESERVICES ROCKY MTN REALTORS - New
$1,999,000Active7 beds 5 baths6,033 sq. ft.1543 Copper Rose, Golden, CO 80401
MLS# IR1071954Listed by: REAL - New
$1,150,000Active6 beds 4 baths3,657 sq. ft.6053 Salvia, Golden, CO 80403
MLS# IR1071936Listed by: LIV SOTHEBY'S INTL REALTY D - New
$599,000Active3 beds 2 baths1,238 sq. ft.799 Xenophon, Golden, CO 80401
MLS# 7745226Listed by: KELLER WILLIAMS ADVANTAGE REALTY LLC - Open Sat, 11am to 2pmNew
$1,299,900Active6 beds 4 baths3,884 sq. ft.232 Berthoud, Golden, CO 80401
MLS# 2383240Listed by: REAL BROKER, LLC DBA REAL
$469,900Pending3 beds 2 baths1,200 sq. ft.18328 W 58th #84, Golden, CO 80403
MLS# 7845714Listed by: REAL BROKER, LLC DBA REAL- New
$815,000Active4 beds 4 baths2,020 sq. ft.713 20th, Golden, CO 80401
MLS# 1714500Listed by: HACKETT HOMES - Open Sat, 11am to 1pmNew
$1,650,000Active5 beds 5 baths4,870 sq. ft.1551 Genesee Ridge, Golden, CO 80401
MLS# 5407655Listed by: KENTWOOD REAL ESTATE CITY PROPERTIES - New
$570,000Active4 beds 3 baths2,183 sq. ft.425 Crescent Lake, Golden, CO 80403
MLS# 7180512Listed by: EXP REALTY, LLC