8130 Chipita Park Road, Cascade, CO, 80809

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Image Count: 49

$999,000

Highlights
Single Family
7 bd | 4 ba | 3,572 sqft
8130 Chipita Park Road, Cascade, CO, 80809 listed by William Eichelberg
Active
MLS#: 7212296
Tour #1
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Space maker

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 owner’s 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 Pike’s 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 owner’s 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!

Property Listed By

William Eichelberg
9504-022-917

LPT Realty LLC
8231-445-577

Property Details

General Features

Property: Single Family, Ranch
Year Built: 1950
List Price: $999,000
County: El Paso
School District: Manitou Springs-14

Rooms

Main Level Bedroom: Yes
Bedrooms: 7
Baths: 4 full bath;
Laundry: Electric Hook-up

Structure

Foundation: Partial Basement
Heating: Baseboard, Forced Air, Hot Water, Natural Gas
Garage/Parking #: Attached
Patio Description: Concrete
Total SqFt: 3,572
Finished SqFt: 3,572
Basement SqFt: 944
Basement % Fin: 100
Construction Status: Existing Home
Siding: Wood
Structure: Frame

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Refrigerator, Washer
Floors: Carpet
Entry: Carpet
Fireplace: Wood Burning
Additional Items: All furniture in main home will stay with the property.
Laundry: Electric Hook-up

Taxes, Utilities, Lot

Tax: $2,536
Lot Size: 0.80 Acres, 34,848 SqFt
Street Description: Paved
Landscaped: Front
Lot Location: Hiking Trail, Near Schools
Lot Description: 360-degree View, Mountain View, Stream/Creek, View of Rock Formations
Existing Utilities: Electricity Connected, Natural Gas Connected, Telephone
Existing Water: Municipal

Community

Additional Information

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