8045 S Wagon Wheel Rd, Morrison, CO 80465

Remodeled Ranch & Income-Producing Guest House on a Serene Wooded 2.0-Acre Site Gorgeous 2-acre parcel ideally located on a serene, gently sloping site in the sought-after Golden Meadow community. This quiet retreat with amazing views offers the rare advantage of two upgraded homes, providing genuine flexibility with a remodeled main residence and an updated permitted 1,280 sq ft guest home. With a total of 4,132 finished sq ft, 6 bedrooms, and 5 baths across 2 distinct living areas, this property is ideal for multi-generational living, extended guests, or buyers seeking built-in income to help offset ownership costs. Beautifully upgraded main home features fresh interior and exterior paint and resilient plank vinyl flooring throughout. The bright, open floor plan includes a vaulted great room with a cozy wood-burning fireplace, while a glass slider leads to an expansive wraparound deck perfect for relaxing or entertaining. The dining area opens to a gourmet kitchen with all-new stainless steel appliances, solid granite countertops, and a large waterfall-edge center island with breakfast bar seating. The upper level offers a primary suite with 3 closets, including a walk-in, and a stunning updated private 3/4 bath, plus 2 additional bedrooms and a spa-inspired bath. The lower level includes 2 more bedrooms, a full bath, and a laundry room. A true standout feature is the ADU, which lives like a second home with zero-entry access, an open-concept living area, a full kitchen, a main-level bedroom with en-suite 3/4 bath, and its own laundry. Upstairs, the unfinished loft already includes a 1/2 bath and offers excellent potential for a second bedroom, office, or expanded guest space. Even better, the ADU is currently generating $2,000 per month, giving this property a real financial edge. That income can materially offset a buyer's monthly housing cost and help reduce the effective cost of ownership. In plain English, this is not just extra space. It is built-in flexibility, built-in utility, and built-in income that can make owning a higher-end mountain property far more affordable. Additional features include high-efficiency HVAC, a finished oversized 1-car garage with epoxy floor, newer garage door, and central heating and cooling, Class 4 impact-resistant roofs on both homes, and a radon mitigation system. Enjoy Colorado living on the back patio or wraparound deck overlooking your wooded property with foothills views. Fenced areas, dog runs, private well, hot tub-ready space, RV parking with 30-amp hookups and dump access, paved circular driveway, and a total of 3 heated garage spaces, including EV charging, add even more versatility. All this just 5 miles from Conifer with shopping and dining, close to trails and open space, with easy access to Hwy 285 and C-470. Estimated monthly payment on a $1,150,000 purchase with 20% down is approximately $6,469 per month, based on a $230,000 down payment and buyer profile assumptions of 720+ credit. Estimated monthly breakdown includes $5,593 principal and interest, $489 property taxes, and $387 other costs. With the ADU generating $2,000 per month, the effective monthly cost of ownership may feel closer to approximately $4,469 per month before maintenance and other property-related expenses. In practical terms, the built-in income can make ownership of this property feel more like a significantly lower-priced home while still delivering the space, flexibility, and lifestyle benefits of a higher-end foothill property.