1055C Cottonwood Pass Rd, Gypsum, CO 81637

This hard-to-find 20 acre parcel offers all-encompassing views of the Colorado Mountains. The romance of the West is captured in this unique location, while being conveniently located 10 minutes from international access through the Eagle-Vail regional airport. The property is in close proximity to public land that offers millions of acres of access for horseback riding, atving, snowmobiling, bicycling and hiking. The location of the property provides access to Beaver Creek in 40 minutes, Vail in 50 minutes, and Aspen in 90 minutes. Gypsum has a unique micro-climate. It was long the wintering grounds for the Ute tribe, as the combination of lower altitude (6,800 feet) and surrounding mountain ranges make for mild winters and over 300 days of sunshine. In fact, the Ute labeled this area “Hole in the Sky” due to its unique climate. The property has an adjudicated water right of 20GPM, which has allowed maintenance of approximately 4 acres of horse pasture. Facilities for pumping the water to the property are in place and can easily be modified to suit a buyer’s needs. The home is an 1,800 S.F. structure with a 600 S.F. detached garage. The orientation of the home provides spectacular southern views with maximum solar gain. The nine-foot ceilings and transom windows lend an airy feel to all of the spaces. The open-plan living and dining room is served by a large kitchen with a separate eating area. A 24X16 foot deck makes for great entertainment as the sun sets in the evening. All three spacious bedrooms feature walk-in closets. The ensuite bath offers a ceramic-tiled shower and floor along with a large soaking tub. The second bath is a tub/shower combination with a ceramic-tile surround and floor. A separate back entrance leads to a combination mudroom and laundry room. The home is served by a drilled well, producing in excess of 8 GPM, and natural gas for appliances and heating. A new furnace, central air conditioning and a water softener were installed in 2021. The existing home was built in 2006 with an eye towards future construction opportunities. Eagle County has a provision that allows a home of less than 1,800 S.F. to be treated as an Auxiliary Dwelling Unit (ADU). The current home meets this qualification, the spring right provides a water source for future expansion and the location of the current home does not jeopardize the construction of a new home while maintaining great view corridors. If this option is of interest to a buyer, the existing home will generate rental income of $2,500-$3,000 per month. Eagle County Zoning allows construction of out-buildings, storage sheds and barns on this property.