Palmer Lake Properties between $700,000 and $800,000 for Sale

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Newest Palmer Lake Properties between $700,000 and $800,000 for Sale

$738,500

4 Beds ⋅ 3 Baths ⋅ 1517551 MLS

Delight in the charm of historic Palmer Lake paired with modern-day Short Term Rental investment potential in this meticulously remodeled gem. The distinctive feature of this property is its unique and flexible layout, which can be partitioned into two separate living spaces. The downstairs unit is currently utilized as a short-term vacation rental, generating a monthly income. Sellers intend to transfer any upcoming bookings with sale. The lower living unit shines with a well-equipped kitchen, cozy living areas, and chic bedrooms, making it a highly sought-after getaway for vacationers seeking the tranquility of the area. The upper unit, currently the owner's living space, mirrors the same charm and elegance, making it the perfect private retreat. Additionally, the property's location in a serene, historic neighborhood, brimming with picturesque landscapes and walking distance to local amenities, significantly increases its appeal to both long-term renters and vacationers alike. The possibilities of this home are boundless: Live in one unit while earning a substantial income from the other, rent both units out for double the profit, or occupy the entire space as a remarkable single-family home with space to spread out. Enter the lower living space/ short term rental via the door behind the red gate to the right of the garage or through a spiral staircase in the backyard. Enter the upper level living space via the garage.

243 Walnut Avenue, Palmer Lake

$775,000

6888379 MLS

Charming well-maintained 5 BR, 4 BA, 4 garage spaces*Villa with 2 rental units and an oversized double-detached garage that rents separately from the units on gorgeous acre located between Monument and Palmer Lake*Easy access to I-25, Santa Fe Trail, Pike National Forest, two Lakes and PL Reservoirs*Close proximity to restaurants, coffee shops, convenient stores, libraries and Safeway Shopping Center*This great duplex has 2 decks and walkout to 2 patios*2 fireplaces, large laundry room w/utility sink*Kitchen is open to great room & walkout to the deck*Separate fenced area for each unit and a fence around the exterior property lines*Double-pane vinyl windows and insulated garage doors*One unit is leased, the other is vacant and would be great for an owner occupant*Otherwise, 3 rental spaces (one being the detached garage rented with one of the units or separately altogether.) You'll love the 4th of July Celebration Palmer Lake has every year as well as the Yule log hunt & the Palmer Lake Star that shines every Christmas season*Enjoy the feeling of a small town atmosphere!*

18860 Rockbrook Road, Palmer Lake

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