Breckenridge, CO 80424,505 Village RD #42
Breckenridge, CO 80424,505 Village RD #42
Breckenridge, CO 80424,505 Village RD #42
Breckenridge, CO 80424,505 Village RD #42
Breckenridge, CO 80424,505 Village RD #42
Breckenridge, CO 80424,505 Village RD #42
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$2,100,000

$2,249,000

6.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

3 Baths

1,546 SqFt


SOLD DATE : 01/16/2025

Key Details

Sold Price $2,100,000

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,546 sqft

Price per Sqft $1,358

Subdivision Cedars At Breckenridge Townhomes

MLS Listing ID S1055325

Sold Date 01/16/25

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Resale

HOA Fees $725/ann

Year Built 1980

Annual Tax Amount $4,788

Tax Year 2023

Lot Size 1,420 Sqft

Acres 0.0326

Property Description

Nestled in the highly sought-after Cedars Townhomes community, this exceptional end-unit townhome offers the perfect blend of luxury, convenience, and investment potential. Ideally located and a premier ski-in/ski-out townhome, just steps from the slopes and within walking distance to downtown, this property boasts a spacious, multi-level design with three private balconies and stunning mountain views. Featuring an elegant living room with a cozy fireplace, a fully-equipped kitchen with granite countertops, and a private primary suite with its own balcony, this home is both stylish and functional. The 491 sq ft unfinished heated basement (not included in the sq ft), can be easily and economically converted into extra living space, while the 2-car garage and additional parking passes ensure convenience. Zoned for short-term rentals (STR, Zone 1), this townhome has a proven track record of success, with over $70K in verifiable income during just three winter months and more than 60 glowing reviews on VRBO (listing #60972). Yearly rental estimates from Pricelabs show well over 100k in potential income (please ask agent for more info). Fully furnished and turnkey, the property is ready to begin generating income immediately, making it an ideal choice for savvy investors. Plus, with access to the community's year-round heated pool and hot tubs, and proximity to skiing, hiking, dining, and shopping, it's perfectly positioned to attract renters year-round. Whether you're seeking a private mountain retreat or a profitable income-generating property, this townhome checks every box.

Location

State CO

County Summit

Area Breckenridge

Direction Village Rd & South Park Avenue/Head southwest on Village Rd toward South Park Avenue, Left into the parking driveway for the Cedars Townhomes. Unit #42 will be the first unit on the left.

Rooms

Basement Interior Entry, Unfinished

Interior

Interior Features Fireplace, Granite Counters, High Ceilings, High Speed Internet, Primary Suite

Heating Electric

Flooring Carpet, Wood

Fireplaces Number 1

Fireplaces Type Gas

Furnishings Furnished

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer

Laundry In Unit, See Remarks

Exterior

Parking Features Attached, Garage

Garage Spaces 2.0

Garage Description 2.0

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Sewer Connected

View Y/N Yes

Water Access Desc Public

View Mountain(s), Ski Area

Roof Type Architectural, Shingle

Street Surface Paved

Building

Lot Description Corner Lot, City Lot, Ski In / Ski Out

Faces South

Entry Level Three Or More,Multi/Split

Sewer Connected, Public Sewer

Water Public

Level or Stories Three Or More, Multi/Split

Construction Status Resale

Schools

Elementary Schools Breckenridge

Middle Schools Summit

High Schools Summit

Others

Pets Allowed Owner Only, Pet Restrictions

Tax ID 302361

Pets Allowed Owner Only, Pet Restrictions

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Summit County MLS (SARMLS)
Listed by Engel & Volkers Denver (720) 692-6563
Bought with Berkshire Hathaway HomeServices Colorado Real Esta
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