The possibilities are endless for this beautiful single family home with a separate lock off apartment in Eby Creek. Ideal for full-time residents, second homeowners, or investors alike, it’s an ideal 1031 property.
Reach out for a spreadsheet financially analyzing whatever use you are considering:
1. Own as a primary/second homeowner renting the apartment to cover 400k of the purchase price (it will feel like a 1.195 million dollar mortgage!).
2. Own as a primary owner or second homeowner and use the apartment over the garage for a multitude of situations: aging parents or children, guest apartment, home business or an art studio.
3. Second homeowner that rents the property short term as a vacation rental so that you can enjoy use around rentals.
4. Purely an investment property. With two separate rentals within one, this property will rent easily and for top dollar.
The house is positioned on a spacious half acre lot with panoramic mountain views in the highly desirable neighborhood of Eby Creek. The main house boasts two of the most sought after features in Vail Valley homes: an open plan and main level living. Perfect for families with an open flow main living and kitchen space, main level master, and two guest bedrooms. As an added indulgence, this owner added air conditioning to the main level. The lower level as this level doesn’t require cooling.
Guests and older children alike will enjoy the privacy of the lower level with high ceilings, a spacious family room, and game area, as well as two additional bedrooms plus an office. This home also features generous outdoor space. The lower level backyard enjoys Colorado’s 300 annual days of sunlight, and the large upper deck encourages al-fresco dining with a gas line to the grill. This area is also pre-wired for a hot tub.
The separate building lock-off apartment above the garage is accessible with its own entrance and includes a full kitchen, bedroom, bathroom, a washer & dryer and a large private deck with epic views. This is a wonderful space for visitors, older parents, and grown children or you can knock off an estimated $400,000 of your purchase price with rental income potential.
In the downstairs family room, there is a pre plumbed mini bar and an extra gas line in the wall for adding a fireplace. The stunning outdoor space is highlighted by year-round sun and boasts extensive perennial gardens, flower pots and a water feature. The oversized 2-car garage has plentiful space for all the gear to be enjoyed with each of Colorado’s remarkable four seasons. The beautiful neighborhood of Eby Creek borders BLM (Federal lands) that offers miles of trails for summer and winter activities with friends and family as well as tons of community open space.
With Vail and Beaver Creek typically less than 30 minutes away and Edwards 10 minutes away, you can also stick close to home and enjoy the charming boutiques and eateries of Eagle. The Town of Eagle is the charming, outdoorsy community of the Vail Valley known for its laid-back feel and small-town charm. This growing community just 30 miles west of Vail consists of friendly people and abundant outdoor recreational options. The town is surrounded by town-owned open space and has numerous trails for epic mountain biking, trail running, hiking, etcetera for all types of skills and ages. Raft or fly-fish on the Eagle River flowing right through the town or enjoy the whitewater park featuring waves, eddies, chutes, and drops, fun for tubing, kayaking, and paddle boarding. Eagle features several restaurants, shops, galleries, dining places, a movie theater, and a bowling alley. Attend one of the many festivals, concerts, and events that Eagle hosts every year and enjoy the incredible proximity and access to the Eagle County Regional Airport.