259 Mel Rey Road, Glenwood Springs, CO 81601

$750,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,274 Lot Size (sq. ft.): 16,620 Status: Closed
Current Price: $750,000 List Date: 6/04/2024 Last Modified: 5/05/2026

Overview

Description

Captivating Opportunity!! Exceptional Dual-Living Property in Scenic West Glenwood Springs Nestled in the heart of West Glenwood Springs, Colorado, this versatile dual-living property at 259 Mel Ray offers an unparalleled opportunity for homeowners and investors alike. Positioned on a charming corner lot, this property features two distinct living units, ideal for multi-generational living, rental income potential, or a combination of both. Unit A: Spacious 3BD/1.75BA Single Family Home The upper portion of this single-family home boasts three bedrooms and 1.75 bathrooms, providing ample space and privacy. It includes indoor access to a two-car garage, convenient for storage and sheltering vehicles from the elements. The utility room with washer/dryer hookups simplifies household chores with in-home laundry capabilities as well as the .75 bathroom. Additionally, Unit A features a unique meditation room with a historical touch, having access for coal to be shoveled in, which c ...

Listing Details MLS# 183964

Location Info

Type
Single Family Residence
Major Area
Glenwood Springs
Area
09-West of Glenwood
Original List Price
750000
Asking Price
750000
Street #
259
Street Name
Mel Rey
Street Suffix
Road
City/Town
Glenwood Springs
State/Province
CO
Postal Code
81601
Furnished
Unfurnished
Lot Fee
0

Keywords Info

Total Baths
3
Baths - Full
2
Baths - 3/4
Yes
Acreage
Refer to Lot Size
Garage Spaces
2
Pre-Fabricated Home
No

Listing Info

New Construction
No
Seller/Owner is Licensed
No
Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Glenwood Association
County
Garfield

General Info

Sub/Loc
None
Legal
Section: 6 Township: 6 Range: 89 Subdivision: MEL-RAY SUB. Block: 1 Lot: 6 AND:- Lot: 7 NORTH 25' OF LOT 6 16620 SQ FT
Zoning
Garfield County
Nbr of Acres
0.38
Lot SqFt
16620
Lv Ht SqFt
2274
LvHtSqFt (Abv Grnd)
1256
LvHtSqFt (Blw Grnd)
1018
Total SqFt
2274
Price/LvH SqFt
329.82
ud_i_02
2
Main Floor Primary Bedroom
Yes
Year Built
1949
Parcel #
218506101008
Directions
Take Exit 114 from I-70. At the roundabout turn onto Mel Rey Road. The destination is on your left.
Unfinished SqFt
0

Financing Info

Metro Tax District
No
Taxes
3328.28
Tax Year
2023
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2024-06-08
Proposed Close Date
2024-07-11
Sold Date
2024-07-11
Sold Price Per/SF
329.82
How Sold
Conventional

More Information

Remarks

Public Remarks
Captivating Opportunity!! Exceptional Dual-Living Property in Scenic West Glenwood Springs Nestled in the heart of West Glenwood Springs, Colorado, this versatile dual-living property at 259 Mel Ray offers an unparalleled opportunity for homeowners and investors alike. Positioned on a charming corner lot, this property features two distinct living units, ideal for multi-generational living, rental income potential, or a combination of both. Unit A: Spacious 3BD/1.75BA Single Family Home The upper portion of this single-family home boasts three bedrooms and 1.75 bathrooms, providing ample space and privacy. It includes indoor access to a two-car garage, convenient for storage and sheltering vehicles from the elements. The utility room with washer/dryer hookups simplifies household chores with in-home laundry capabilities as well as the .75 bathroom. Additionally, Unit A features a unique meditation room with a historical touch, having access for coal to be shoveled in, which can also be used as a cellar. The corner lot with yard access offers outdoor space for relaxation or gardening. Located close to transportation, schools, shops, dining, and with quick access to I-70, this unit ensures connectivity and convenience. Unit B: Cozy 2BD/1BA Garden-Level Living The lower garden-level unit features two bedrooms and one bathroom, a comfortable living space for smaller households or tenants. It includes a back patio and yard, providing a private outdoor area for entertaining or enjoying the Colorado scenery. The spacious layout ensures a comfortable living experience with well-proportioned rooms. Washer/dryer included adds convenience for laundry needs. Two entrances/exits enhance accessibility and safety for residents. Located near public transportation, educational institutions, shopping centers, dining options, and more, making daily life effortless. Versatile Investment Potential This property stands as a robust investment opportunity due to its prime location, well-maintained condition, and flexible living arrangements. The dual-unit setup appeals to a broad range of potential buyers, from families seeking additional rental income to investors looking for a high-demand rental property or use as a single family residence. Scenic and Convenient Location Glenwood Springs is renowned for its stunning natural beauty and vibrant community. Residents of 259 Mel Ray enjoy quick access to major highways, facilitating easy travel and commuting. The property is close to schools and shops, enhancing the convenience of daily errands and educational needs. There are abundant recreational opportunities near parks, trails, and rivers, perfect for outdoor enthusiasts. Viewing and Contract Information To explore the full potential of this property, schedule a private tour with our dedicated listing agent. A 48-hour consideration window is requested for all showings. Don't miss this unique opportunity to own or invest in a property that combines comfort, convenience, and potential for lucrative returns in the heart of Glenwood Springs. For more details or to arrange a private tour, please contact our dedicated listing agent.

Miscellaneous

Under Construction
No

Electric

Yes
Public

Laundry Facility

In Hall
Yes

Style

Two Story
Yes

Construction

Frame
Yes

Exterior

Wood Siding
Yes

Condition

Average
Yes

Basement/Substructure

Finished
Yes
Garden Level
Yes

Gas

Natural Gas
Yes

Roof

Composition Shingles
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Location Amenities

Corner Lot
Yes

Mineral Rights

No
Yes

Heating

Hot Water
Yes
Natural Gas
Yes

Terms Offered

Cash
Yes
New Loan
Yes

Possession

DOD
Yes
Negotiable
Yes
Subject to Lease
Yes

Inclusions

Window Coverings
Yes

Energy Efficiency

Solar PV
Yes

Heating & Cooling

Tankless Hot Water
Yes

Property Features

Laundry Facility: In Hall Style: Two Story Construction: Frame Exterior: Wood Siding Roof: Composition Shingles Condition: Average Heating: Hot Water; Natural Gas Gas: Natural Gas Water: Public Sanitation: Sewer Energy Efficiency: Solar PV Possession: DOD; Negotiable; Subject to Lease Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No Location Amenities: Corner Lot Inclusions: Window Coverings
IDX
Listing Office: Crystal Property Mgmt & Sales
Source MLS Verified
Last Updated: May - 05 - 2026
Broker Attribution: (970) 945-7266

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