505 Village Road #42, Breckenridge, CO 80424 (MLS # S1055325)
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Nestled in the highly sought-after Cedars Townhomes community, this exceptional end-unit townhome offers the perfect blend of luxury, convenience, and investment potential. Ideally located and a premier ski-in/ski-out townhome, just steps from the slopes and within walking distance to downtown, this property boasts a spacious, multi-level design with three private balconies and stunning mountain views. Featuring an elegant living room with a cozy fireplace, a fully-equipped kitchen with granite countertops, and a private primary suite with its own balcony, this home is both stylish and functional. The 491 sq ft unfinished heated basement (not included in the sq ft), can be easily and economically converted into extra living space, while the 2-car garage and additional parking passes ensure convenience. Zoned for short-term rentals (STR, Zone 1), this townhome has a proven track record of success, with over $70K in verifiable income during just three winter months and more than 60 glowing reviews on VRBO (listing #60972). Yearly rental estimates from Pricelabs show well over 100k in potential income (please ask agent for more info). Fully furnished and turnkey, the property is ready to begin generating income immediately, making it an ideal choice for savvy investors. Plus, with access to the community's year-round heated pool and hot tubs, and proximity to skiing, hiking, dining, and shopping, it's perfectly positioned to attract renters year-round. Whether you're seeking a private mountain retreat or a profitable income-generating property, this townhome checks every box.
| LAST UPDATED | 11/26/2024 | TRACT | CEDARS AT BRECKENRIDGE TOWNHOMES |
|---|---|---|---|
| YEAR BUILT | 1980 | COMMUNITY | Breckenridge |
| GARAGE SPACES | 2.0 | COUNTY | Summit |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer |
|---|---|
| AREA | Breckenridge |
| BASEMENT | Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric |
| HOA DUES | 8700 |
| INTERIOR | Granite Counters, High Ceilings, High Speed Internet |
| LOT | 1420 sq ft |
| LOT DESCRIPTION | City Lot, Corner Lot |
| PARKING | Attached, Garage |
| SEWER | Public Sewer |
| STORIES | Three Or More, Multi/Split |
| SUBDIVISION | CEDARS AT BRECKENRIDGE TOWNHOMES |
| TAXES | 4788.58 |
| UTILITIES | Sewer Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | See Remarks |
MORTGAGE CALCULATOR
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Listed with Engel & Volkers Denver
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