1021 Grand Avenue, Glenwood Springs, CO 81601
$1,350,000
Property Type:
Residential
Bedrooms:
12
Baths:
4
Square Footage:
4,673
Lot Size (sq. ft.):
5,300
Status:
Closed
Current Price:
$1,350,000
List Date:
1/01/2026
Last Modified:
7/17/2026
Listing Details MLS# 189162
Location Info
- Type
- Single Family Residence
- Major Area
- Glenwood Springs
- Area
- 09-Glenwood Proper
- Original List Price
- 1699000
- Asking Price
- 1699000
- Street #
- 1021
- Street Name
- Grand
- Street Suffix
- Avenue
- City/Town
- Glenwood Springs
- State/Province
- CO
- Postal Code
- 81601
Keywords Info
- Total Baths
- 4
- Baths - Full
- 4
- Acreage
- Refer to Lot Size
- Garage
- No
- Pre-Fabricated Home
- No
Listing Info
- Seller/Owner is Licensed
- No
- REO
- No
- Member Association
- Glenwood Association
- County
- Garfield
General Info
- Sub/Loc
- Townsite of Glenwood Springs
- Legal
- SECTION: 9 TOWNSHIP: 6 RANGE: 89 SUBDIVISION: ORIGINAL TWNSTE. GLENWOOD BLOCK: 18 LOT: 22 AND:- LOT: 23 & PT OF LOT 21 5
- Zoning
- M2
- Nbr of Acres
- 0.12
- Lot SqFt
- 5300
- Lv Ht SqFt
- 4673
- Total SqFt
- 4673
- Price/LvH SqFt
- 363.58
- ud_i_02
- 3
- Main Floor Primary Bedroom
- No
- Year Built
- 1994
- Parcel #
- 218509427011
- Directions
- South on Grand Ave, Property is on the West side of Grand
Financing Info
- Metro Tax District
- No
- Taxes
- 4699.52
- Tax Year
- 2024
- Transfer Tax
- No
- HOA Dues Y/N
- No
- HOA Transfer Fee
- No
Status Change Info
- Under Contract Date
- 2026-02-27
- Proposed Close Date
- 2026-04-30
- Sold Date
- 2026-07-17
- Sold Price Per/SF
- 288.89
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- Nestled in the heart of Glenwood Springs, this rare multi-use property offers an outstanding opportunity for investors seeking steady cash flow and long-term upside. The Glenwood Springs Hostel has a proven rental track record, serving both short-term visitors and long-term tenants with its versatile layout and income diversity. The property spans two well-maintained buildings: a charming historic front house dedicated to nightly rentals, and a more modern rear building featuring a one-bedroom apartment and additional short-term rental units. With dual zoning flexibility, multiple income streams, and unbeatable proximity to the region's top attractions, this asset is primed for continued success. Whether you are an owner-operator or a passive investor, 1021 Grand Avenue delivers both immediate returns and future growth potential. Two Buildings. Multiple Income Streams. Timeless Demand. 1021 Grand Avenue is composed of two purpose-built residences: a character-rich 191 O front home offering monthly lodging and a 1994 rear building featuring a long-term apartment over monthly room rentals. Designed to meet demand from both tourists and workforce renters, this well-diversified asset produces consistent monthly income from 22 beds, a separate apartment, and laundry facilities - with all units currently occupied. Contact us today for details or a private tour!
Property Features
Laundry Facility:
Common Area
Style:
Two Story; Other
Construction:
Frame
Condition:
Good
Heating:
Forced Air; Hot Water
Gas:
Natural Gas
Water:
Public
Sanitation:
Sewer
Possession:
Negotiable
Extras:
Landscaping; Storage Shed
Terms Offered:
Cash; New Loan
Mineral Rights:
No
Water Rights:
No
Documents on File:
House Plans
Sign:
No
Inclusions:
See Remarks
Exclusions:
See Remarks
Listing Office:
Compass Aspen
Last Updated: July - 17 - 2026
Broker Attribution:
970-925-6063
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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