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21461 State Highway 140, Hesperus, CO 81326

Welcome to this beautifully remodeled 3 bed/3 bath home on 3.9 acrea just 20 minutes to Durango, 10 minutes to Lake Nighthorse and just minutes to the Hesperus Ski Slope.  It boasts mountain charm!  From the studs to the finishes, no detail has been overlooked.  The possibilities are endless here: Horses, livestock, hobby farm, investment rental, 2nd home; with NO HOA's, you can use this 3.9 acre property as you wish.  It is currently used as a VRBO and has very good positive cash flow. LET'S START WITH THE HOME:  From the moment you step into this impeccably kept mountain retreat, you will fall in love with the comfort, elegance and space this property has to offer. Everything you need is at your finger tips. The main bedroom/bath and kitchen were completely gutted, walls removed, and kitchen ceiling lifted from 8 ft to the now spacious vaulted ceilings in the open concept great room/dining/kitchen spaces.  Most of the electrical was replaced and all new sheetrock returned to the master bedroom/bath, kitchen and living room areas. All three "spa-like" bathrooms have new wall treatments, vanities, tiled showers, and you will find new flooring throughout the entire house with the exception of the 2 bedrooms which are carpeted. All new appliances, paint, shiplap in a few rooms, and lighting throughout. The kitchen was completely remodeled (was a galley style) now open concept with beautiful Quartz countertops, wine fridge, hidden trash cabinet, and all new cabinets and floating shelves. The giant island not only offers great space for entertaining and extra seating but a perfect workspace for those large dinner parties or Christmas cookie decorating!  A pantry was created just off the kitchen for extra storage as well.  The living room, open to the kitchen/dining areas offer a wood burning stove that will keep you warm in the winter and heat most of the home, a new sliding glass door has been installed along with a mini-split for heat/cool air for what ever season!    NOW, ABOUT THE OUTDOORS:  The face-lift on the exterior of the home has just been completed and it looks FABULOUS! Colors perfectly coordinated with the beautiful pine trees and landcape. The front entrance has been updated with pavers, the deck off the living room has been rebuilt and a private patio off one of the guestrooms was also added.  The real bonus space is the new patio space off the back of the home for entertaining, BBQ's or stargazing. Fire mitigation was a must for this property and the transformation has been incredible. There is a separate barn/garage that has an unfinished second story that could be potentially turned into an income unit, mother-in-laws quarters or additional guest sleeping loft.  You will also find a lean-to barn for any animals, tractors or toys you would like to house.  Another little hidden gem is there is also a small 1 room studio towards the back of the property, although currently there is no water or electricity running to it could be a perfect treehouse for the kids, art studio, yoga or meditation space.....the possibilities are endless.  This home is currently in the rental pool and has proved to be a guest favorite along with being a successful VRBO.  This is truly an opportunity for anyone!  Don't miss out on your Colorado Retreat!!

• $975,000

• 3 Bedrooms, 3 Bathrooms

• Average Daily Rate: $421

• Expected occupancy rate: 61%

• Monthly expected income: $7,811

• Monthly expected expenses: $6,597

• Monthly expected cash flow: $1,215

• Expected cash on cash return: 5.9%

1042 Inspiration Dr, Lake Arrowhead, CA 92352

Cozy retro inspired mountain cabin, featuring 2 bedrooms and 1 bath, boasting numerous recent upgrades. Located in the tranquil and conveniently situated Crest Park neighborhood of Lake Arrowhead. Just 2 miles from Lake Arrowhead Village.  This charming chalet is perfect for those seeking a family vacation home for the snow season or a turn-key investment rental property. The cabin exudes vintage charm, complemented by numerous recent system upgrades, making it an ideal getaway or investment. It features a well-designed layout with a vintage wood-burning Swedish fireplace in the living room and a large, newly built deck overlooking the mountains. The property offers level parking for 2 vehicles and a fenced-in side yard, perfect for pets. It comes fully furnished with designer furniture, vintage knick-knacks, and artwork, making it a turn-key cabin. Recent upgrades include a newly renovated kitchen with quartz countertops and designer tile backsplash, all-new stainless kitchen appliances including a double LG oven, double-drawer Fisher & Paykel dishwasher, Samsung fridge and microwave & WaterDrop Water Filter system, and LG washer/dryer. Recently upgraded electrical panel with EV car charger-ready hookup, a new roof, a full set of new windows, new floors throughout, a renovated bathroom, a new water heater, and a central HVAC system.

• $389,000

• 2 Bedrooms, 1 Bathrooms

• Average Daily Rate: $311

• Expected occupancy rate: 55%

• Monthly expected income: $5,203

• Monthly expected expenses: $3,364

• Monthly expected cash flow: $1,838

• Expected cash on cash return: 22.6%

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