1021 Grand Avenue, Glenwood Springs, CO 81601
Listed by Compass Aspen
$1,350,000
$1,699,000
20.5%
Est.Price: ?

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

12 BD
4 BA
4,673 SqFt

1021 Grand Avenue Glenwood Springs, CO 81601

Est. payment /mo
SOLD DATE : 07/17/2026

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,350,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,673 sqft

Price per Sqft $288

Subdivision Townsite Of Glenwood Springs

MLS Listing ID 189162

Sold Date 07/17/26

Bedrooms 12

Full Baths 4

Year Built 1994

Annual Tax Amount $4,699

Tax Year 2024

Lot Size 5,300 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Source Aspen Glenwood MLS

Property Description

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!

Location

State CO

County Garfield

Community Townsite Of Glenwood Springs

Area Glenwood Springs

Zoning M2

Direction South on Grand Ave, Property is on the West side of Grand

Interior

Heating Hot Water, Forced Air

Exterior

Garage No

Building

Lot Description Landscaped

Water Public

Architectural Style Other

New Construction No

Others

Tax ID 218509427011

Acceptable Financing New Loan, Cash

Listing Terms New Loan, Cash

Read Less


Aspen Glenwood Springs MLS (AGSMLS)

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION

Chris Romme'

Chris Romme'

Broker Associate License ID: 40043579

+1(970) 379-9482

Name
Phone*
Message