Glenwood Springs, CO 81601,259 Mel Rey Road
Glenwood Springs, CO 81601,259 Mel Rey Road
Glenwood Springs, CO 81601,259 Mel Rey Road
Glenwood Springs, CO 81601,259 Mel Rey Road
Glenwood Springs, CO 81601,259 Mel Rey Road
Glenwood Springs, CO 81601,259 Mel Rey Road
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$750,000

$750,000

Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

2,274 SqFt


SOLD DATE : 07/11/2024

Key Details

Sold Price $750,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,274 sqft

Price per Sqft $329

MLS Listing ID 183964

Sold Date 07/11/24

Bedrooms 5

Full Baths 2

Three Quarter Bath 1

HOA Y/N Yes

Originating Board Aspen Glenwood MLS

Year Built 1949

Annual Tax Amount $3,328

Tax Year 2023

Lot Size 0.382 Acres

Acres 0.38

Property Description

Captivating Opportunity!!

Exceptional Dual-Living Property in Scenic West Glenwood Springs

Nestled in the heart of West Glenwood Springs, Colorado, this versatile dual-living property at 259 Mel Ray offers an unparalleled opportunity for homeowners and investors alike. Positioned on a charming corner lot, this property features two distinct living units, ideal for multi-generational living, rental income potential, or a combination of both.

Unit A: Spacious 3BD/1.75BA Single Family Home
The upper portion of this single-family home boasts three bedrooms and 1.75 bathrooms, providing ample space and privacy. It includes indoor access to a two-car garage, convenient for storage and sheltering vehicles from the elements. The utility room with washer/dryer hookups simplifies household chores with in-home laundry capabilities as well as the .75 bathroom. Additionally, Unit A features a unique meditation room with a historical touch, having access for coal to be shoveled in, which can also be used as a cellar. The corner lot with yard access offers outdoor space for relaxation or gardening. Located close to transportation, schools, shops, dining, and with quick access to I-70, this unit ensures connectivity and convenience.

Unit B: Cozy 2BD/1BA Garden-Level Living
The lower garden-level unit features two bedrooms and one bathroom, a comfortable living space for smaller households or tenants. It includes a back patio and yard, providing a private outdoor area for entertaining or enjoying the Colorado scenery. The spacious layout ensures a comfortable living experience with well-proportioned rooms. Washer/dryer included adds convenience for laundry needs. Two entrances/exits enhance accessibility and safety for residents. Located near public transportation, educational institutions, shopping centers, dining options, and more, making daily life effortless.

Versatile Investment Potential
This property stands as a robust investment opportunity due to its prime location, well-maintained condition, and flexible living arrangements. The dual-unit setup appeals to a broad range of potential buyers, from families seeking additional rental income to investors looking for a high-demand rental property or use as a single family residence.

Scenic and Convenient Location
Glenwood Springs is renowned for its stunning natural beauty and vibrant community. Residents of 259 Mel Ray enjoy quick access to major highways, facilitating easy travel and commuting. The property is close to schools and shops, enhancing the convenience of daily errands and educational needs. There are abundant recreational opportunities near parks, trails, and rivers, perfect for outdoor enthusiasts.

Viewing and Contract Information
To explore the full potential of this property, schedule a private tour with our dedicated listing agent. A 48-hour consideration window is requested for all showings.

Don't miss this unique opportunity to own or invest in a property that combines comfort, convenience, and potential for lucrative returns in the heart of Glenwood Springs. For more details or to arrange a private tour, please contact our dedicated listing agent.

Location

State CO

County Garfield

Area Glenwood Springs

Zoning Garfield County

Direction Take Exit 114 from I-70. At the roundabout turn onto Mel Rey Road. The destination is on your left.

Interior

Heating Hot Water, Natural Gas

Exterior

Utilities Available Natural Gas Available

Roof Type Composition

Building

Lot Description Corner Lot

Water Public

Architectural Style Two Story

New Construction No

Others

Tax ID 218506101008

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

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Aspen Glenwood Springs MLS (AGSMLS)
Listed by Crystal Property Mgmt & Sales
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 948-4802

jonathan.boxer@christiesaspenre.com

600 East Hopkins Ave Suite 304, Aspen, Colorado, 81611, United States

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