5 months on rocket

71450 US Highway 550 N, Silverton, CO, 81433

$3,400,000

7 Full Baths, 3 Partial
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
MLS #809284
Lot Size2.00 Acres
StatusActive

About 71450 US Highway 550 N

This is an incredible opportunity to own THE Premier Colorado Live Music Destination, just outside of the up and coming town of Silverton. The historic building was built in 1924 as a roadside hotel, bar, restaurant. Today it is charming hotel and the coolest music and bar venue in the Southwest. The main level features a beautiful residence, bar, and hospitality area for guests. The second level features separate entrances into an 800 sq ft suite, laundry area for guests, and four newly remodeled hotel rooms, all with private baths. The third level is a 600 sf apartment/hostel/bunk room with a kitchenette and full bathroom.The "yard" features a timber-framed 600 sq ft bar, a matching timber-framed 600 sq ft stage with equipment room, 200 sq ft kitchen, men's and women bathrooms, ATM room, 40' container, and three out buildings. On two acres, backed up to National Forest, with immediate trail access, this property has stunning views in every direction. The Roadhouse is located in an Opportunity Zone allowing Investors to receive tax incentives in the form of deferral and elimination of state and federal capital gains taxes.The Columbine Roadhouse is certainly a most unique Colorado real estate offering and an amazing opportunity for savvy entrepreneurs. Showings to qualified buyers only.

Property Details

Property Features

Listing Office:

  • Office Name: Stellar Mountain Properties Ltd.
  • Listing Agent: Melissa Childs

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 7

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Other

Directions Information:

  • Directions: 2 miles N of Silverton on Hwy 550

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,400,000
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Housing Market Comparison

See how this home compares to others in Silverton, CO.

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Silverton, CO

City

Med. List Price

$683K

Med. Price/SqFt

$448

Avg. Days On Market

265

71450 US Highway 550 N vs Silverton

178 DAYS ON ROCKET

-87 Days

$3,400,000

+$2.7M More

KEY TAKEAWAY

This property is $2.7M more than the Median List Price in Silverton, CO.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #809284

Listing Office:

  • Office Name: Stellar Mountain Properties Ltd.
  • Listing Agent: Melissa Childs

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The information contained in this publication is subject to change without notice. COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. CREN SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Real Estate listings held by other companies contain that company's name. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
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Last updated on: 5/7/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7801728
7
/10

  • Telluride Elementary School

  • 447 W Columbia Ave

  • 6.56 miles

  • Public District Grades KG-2

school-card-donut-7801729
5
/10

  • Ridgway Elementary School

  • 1115 Clinton St

  • 19.39 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,618. The majority of Silverton, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Colorado›San Miguel County›Silverton›81433›71450 US Highway 550 N

This home is located at 71450 US Highway 550 N in Silverton, CO and zip code 81433. This home sits on a 2.00 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since November 11, 2023 and is currently priced at $3,400,000.

In April 2024 in Silverton, CO there were 12.5% more homes for sale than in March 2024. Listings spent 265 days on the market in April 2024, and had a median list price of $683,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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