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Sold for $2,100,000 on 01/16/25
  • $2,100,000

    505 Village Rd #42, Breckenridge, CO 80424

    3beds
    1,546sqft
    Townhouse
    Built in 1980
    1,420.06 Square Feet Lot
    $2,107,200 Zestimate®
    $1,358/sqft
    $4,371 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 19, 2025 at 07:17pm

    Listed by:

    Robert J. Tait (720)692-6563,

    Engel & Volkers Denver

    Bought with:

    Sara Gambino, EA40043078

    Berkshire Hathaway HomeServices Colorado Real Esta

    Carlo Gambino, IA100052688

    Berkshire Hathaway HomeServices Colorado Real Esta

    Source: Altitude Realtors,MLS#: S1055325MLS LogoOriginating MLS: Summit Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Upper
    Bedroom
    • Level: Upper
    Bedroom
    • Level: Upper
    Dining room
    • Level: Main
    Other
    • Level: Upper
    Half bath
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Living room
    • Level: Main
    Other
    • Level: Upper
    Heating
    • Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit, See Remarks
    Features
    • Fireplace, Granite Counters, High Ceilings, High Speed Internet, Primary Suite
    • Flooring: Carpet, Wood
    • Basement: Interior Entry,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Gas
    • Furnished: Yes
    Interior area
    • Total structure area: 1,546
    • Total interior livable area: 1,546 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More,Multi/Split
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s), Ski Area
    Lot
    • Size: 1,420 sqft
    • Features: Corner Lot, City Lot, Ski In /Ski Out
    Details
    • Parcel number: 302361
    • Zoning description: See Remarks

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Wood Siding
    • Roof: Architectural,Shingle
    Condition
    • Resale
    • Year built: 1980

    Utilities & green energy

    • Sewer: Connected, Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Sewer Connected

    Community & neighborhood

    Location
    • Region: Breckenridge
    • Subdivision: Cedars At Breckenridge Townhomes

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $8,700 annually

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Road surface type: Paved
    Services availability