Spacious Log Home + Duplex Rental Income On 1.21 Acres

Spacious Log Home + Furnished Rental Duplex | Offered Together for $1,620,000
1425 & 1415 N. Hwy 149 | Lake City, Colorado

Welcome to Rocky Top Vacation Rentals-a mountain home and established rental opportunity on 1.214 beautifully maintained acres just outside Lake City. The $1,620,000 asking price includes both the main residence at 1425 N. Highway 149 and the separate furnished duplex at 1415 N. Highway 149. Together, the two buildings contain three units totaling approximately 5,141 square feet, 7 bedrooms, and 7 bathrooms.

The two duplex units together have averaged approximately $78,000 in gross annual rental income, before operating expenses over the last 3 years. That income comes from the duplex alone; the main residence is currently owner-occupied and contributes no rental income to that figure.

Live in the main home while operating the rentals, create a mountain gathering place for extended family, or explore additional income by converting the main residence into a rental.

Positioned along Highway 149, the property offers excellent visibility and signage, no HOA, and minimal covenants. Guests enjoy convenient highway access while also being able to reach town and the Alpine Loop via backroads for ATVs and UTVs-a draw for adventure travelers.

The Setting & Opportunity

Surrounded by fourteeners and vast public lands, Lake City attracts hikers, off-roaders, anglers, hunters, ice climbers, and families. Nearby Lake San Cristobal and the surrounding San Juan Mountains provide recreation throughout the seasons, bringing visitors-and Rocky Top's repeat guests-back year after year.

The property offers several possibilities:

Continue operating as an owner-occupied residence with two furnished rental units.
Explore converting the main home into an additional rental for larger groups.
Create a multigenerational family vacation compound.
Explore event or wedding venue use.
Explore Jeep or side-by-side rental opportunities.

Potential additional uses are subject to applicable requirements. Projected additional gross annual rental income of $60,000 or more from the main residence is an estimate, separate from the duplex's existing income, and is not guaranteed.

1425 N. Hwy 149 - Main Residence
Approximately 2,782 Sq Ft | 3+ Bedrooms | 3 Bathrooms

Currently owner-occupied, this spacious log home offers comfortable living, flexible gathering areas, and practical space to support the adjoining rental operation.

The main level features:

Open-concept kitchen, dining, and living areas with updated luxury vinyl plank flooring.
Covered deck access for grilling and enjoying mountain views.
A primary suite, an additional bedroom, and a second full bathroom.

Upstairs, you'll find:

A third bedroom and full bathroom.
Flex space currently used as a craft area.
An additional room currently used as a bedroom.
Space for an office, hobbies, or storage.
Abundant storage beneath the eaves.

The basement provides linen cabinetry, a double washer-and-dryer setup, and generous storage and workspace for rental operations.

Heating options include a wood stove, propane gas stove, propane Rinnai heater, and supplemental electric heaters.

Outside, landscaped lawns with automatic sprinklers, a greenhouse, animal house and pen, shed, and equipment storage barn add utility and versatility.

1415 N. Hwy 149 - Furnished Rental Duplex
Approximately 2,359 Sq Ft Total | Two Separate 2-Bedroom, 2-Bathroom Units

South of the main residence sits a duplex containing two matching rental units. These two units account for the property's approximately $78,000 in combined gross annual rental income.

Each unit offers:

An open kitchen, dining, and living area.
Luxury vinyl plank flooring on the main level.
A gas heating stove.
Vaulted ceilings.
A main-level bedroom and full bathroom.
An upstairs bedroom and full bathroom.

Covered decks are staggered for privacy and lead to grassy lawns with picnic tables and charcoal grills for each unit-inviting spaces to unwind after a day on the trails.

Both duplex units are offered fully furnished with updated décor, providing a ready-to-operate rental opportunity.

A Mountain Home With an Established Rental Operation

Rocky Top Vacation Rentals combines a spacious main residence, two furnished rental units, repeat clientele, and room to explore additional uses. Enjoy a home base in the San Juan Mountains while continuing the existing rental business, or bring your vision for a shared mountain retreat.

Contact Robby Richardson for rental operating history, expense information, and a private showing.