102 Holly St, Colorado Springs, CO 80904

$1,795,000

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Courtesy of Pulse Real Estate Group LLC. 719-399-0000

List Price
$1,795,000
Type
Multifamily
Property Sub Type
Multi Family
Status
ACTIVE
MLS Number
2901643
Neighborhood
Lennon Park
Year Built
1920

Property Description

Charm, fantastic location, and beauty come together in this incredible property on the Westside of Colorado Springs bordering Manitou Springs. You will be delighted with every element of this 7-Cottage, 2-home compound currently being run as both long term and short term rentals. There are so many possible uses here: keep it running exactly as is (STR permit is not transferable but the City has said it is legal to continue running as strs—buyer to verify), use it as a retreat for a church or business, enjoy it as a family compound in the back with long term rental cottages in the front, or for redevelopment. The property consists of 4 parcels, each zoned R2, and includes a restored historic 2 bedroom, one bath craftsman home, a newer 2 bedroom 1 bath two story cottage style home, 4 one bedroom cottages, and 3 studio cottages. There is room on one parcel grandfathered in for another dwelling to be built. Now, the location! The property sits in the popular and lovely westside neighborhood known as Lenin Park, in the shadow of Pikes Peak Mountain. A long running horse stables is across the street which adds to the feeling of always being on vacation as happy riders pass by daily. (The stables does private boarding of horses.) You are also within walking distance to Garden of the Gods neighborhood trails, within a mile of Manitou Springs downtown and a mile the other way to fun and funky Old Colorado City. Also across the street is a long running bicycle lodge which has live entertainment several nights a week. All 4 of the Airbnbs/VRBOs are in the top 5% of the City’s strs, and ALL are furnished with high end everything—furniture, rugs, bedding, dishes, appliances, art that convey with the sale. The current owners are retiring and relocating after 9 busy seasons hosting over 2,500 groups. Did we mention the grounds and the gardens? Stunning! Truly this is a magical property that may only come along once in a lifetime.

Additional Information

Lot Size Acres
0.6542
Lot Size Sq Ft
28,496
Tax Amount
$1,584
Water Source
City
Sewer
Sewer
Basement Type
Crawl Space
Heating
Baseboard, Electric, Forced Air, Hot Water, Natural Gas, Radiant
Cooling
Ceiling Fan(s), None, Window/Wall
School District
Colorado Springs 11

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