Nestled along the creek in the picturesque mountain landscape of Idaho Springs, Colorado, this boutique cabin and condo resort property presents a unique waterfront investment opportunity, that backs to national forest. This established nightly rental business (zoned Commercial Hotel/Motel), known for it’s charm and exceptional hospitality, features multiple cozy cabins and a 5-unit apartment/condo building, surrounded by towering aspens, spruces and breathtaking mountain views. It is rare to find such an exquisite Colorado waterfront property available, within 40 minutes of Denver! Seize the opportunity to own a piece of Colorado’s serene mountain beauty at Water and Stone Retreat – a perfect blend of rustic charm and modern convenience. Step into a thriving business with limitless potential – C3 zoning allows for many uses, in addition to the current use as a Hotel/Motel/Lodging. Ideally situated just minutes from historic downtown Idaho Springs and I70, offering easy access to popular attractions like Mount Blue Sky (formerly Mount Evans) – the highest paved road in the United States, Loveland Ski Area, Echo Mountain Ski Area, St. Mary's Glacier, Red Rocks Amphitheater, Evergreen, CO, Georgetown, CO, Blackstone Rivers Ranch, The Argo, Indian Hot Springs, Casinos, the Original Beau Jo’s, and Tommyknocker Brewery. Idaho Springs is the closest outdoor adventure mecca to Denver, boasting rafting, zip lining, hiking, fishing, horseback riding, jeeping, paddle boarding, and mountain biking. The offering for sale includes 5 condos and 6 well-maintained, fully furnished cabins, each with either original rustic charm, or updated with modern amenities. All cabins feature lovely outdoor spaces, most with private creek frontage, some have fireplaces, and fully equipped kitchens or kitchenettes. The 11 units are spread across 3.32 easily maintainable, natural and scenic Creekside acres. The property offers privacy and ample space for future development, should you wish to build more units, or expand the current use to additional uses, allowed with this rare C3 Zoning. On-site amenities include private, outdoor patios, decks, and Creekside spaces, enhancing the guest experience and attracting repeat visitors. Strong occupancy rates year-round, supported by a loyal customer base and excellent online reviews. Occupancy typically ranges between 85-90% in the high seasons, and around 70% in the swing months. Consistent revenue stream with potential for growth through increased marketing, wellness upgrades, and expansion of services. The units consistently garner the highest lodging rates in Idaho Springs. They are currently only offered for bookings on Airbnb. There is incredible potential for increased occupancy and exposure to expand to other booking engines, and/or to accept direct bookings via the Water & Stone Retreat website. Idaho Springs’ primary industry is tourism, and there is a severe lack of quality lodging in the city. Proximity to Denver (approximately a 40-minute drive) makes it an attractive destination for city dwellers seeking a mountain retreat. Denver, Ski Resorts, Idaho Springs things, Evergreen, Georgetown, Loveland Ski Area, Echo Mountain Ski Area, Blackstone Rivers Ranch, The Argo, NorthStar Gatherings, Clear Creek County Health Hot Springs, Black Hawk & Central City Casinos, Mt. Blue Sky, St. Mary’s Glacier, Mt. Evans Trout Fishing.

Lot 2 consists of 6 cabins, a 5-unit apartment building, garage, storage space, and office (11 keys total).

Lot 2 Buildings: 6,625 SqFt

Avg 4.9 Airbnb and Google Ratings

Closest lodging to Blackstone Rivers Ranch (1 minute away), a luxury wedding venue/event center, which refers clients to Water & Stone

Opportunity to build more lodging units, glamping tents, campsites, and/or a hotel

C-3 Zoning, which offers numerous other options for expansion and like uses: wellness/spa amenities, events/retreats/reunion/wedding venue, adventure tourism, restaurant/bar facilities, yoga, mountaineering, climbing & fitness retreats, RV sites, glamping, hotel/motel/cabins

Value Add/Stabilized $254,937 NOI