$200,000
$10K PRICE DROP

331 N Gunnison Ave Unit 9 Lake City, CO 81235

Estimated payment $1,152/month

1 Bed
1 Bath
448 Sq Ft
$446 Price per Sq Ft

Highlights

  • Mountain View
  • Corner Lot
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Furnished
  • Tile Flooring

About This Home

This charming cabin in historic downtown Lake City offers a fantastic opportunity for both enjoyment and investment. With 448± square feet of living space, including one bedroom and bathroom, and a delightful covered porch for summer evenings, it's the perfect retreat. Situated in a prime location just steps away from shopping, dining, banking, the Arts Center, Museum, and town park, this cabin provides convenience and access to various amenities. The area is renowned for its outdoor activities, festivals, and live music, ensuring endless entertainment options for residents and guests. As part of the G & M Cabins Condominium Association, owners participate in a rental pool when not using the cabin personally, providing an opportunity to offset costs. Full association documents are available for potential buyers. Please note, the property is seasonal and not available for winter use.

Listing Agent

Michael Murphy

Murphy Real Estate Listed on: 09/25/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $750

Year Built

  • Built in 1960

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 448 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Schools

  • Lake City K-12 Elementary And Middle School
  • Lake City K-12 High School

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available

Additional Features

  • Covered Patio or Porch
  • Seasonal Access to Property

Community Details

  • Property has a Home Owners Association
  • G & M Cabins Condo Association

Listing and Financial Details

  • Assessor Parcel Number 450927325009

Property Details

Home Type

Condominium

Est. Annual Taxes

$750

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Microwave, Range/Oven
  • Class: RESIDENTIAL
  • Em Deposit: 4,200.00
  • Em Holder: Title Company
  • Exterior Inclusions: Covered Porch
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: UNIT 9 AND AN UND INT IN COMMON AREA, G & M CABINS CONDOMINIUM, TOWN OF LAKE CITY
  • Parcel Id Number: 450927325009
  • Price Per Sq Ft: 446.43
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 450927325009
  • Residence Stories: One Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Log
  • Street Descriptionaccess: State Highway, City/Town, Seasonal
  • Street Designation: Avenue
  • Type: Condo
  • Access: Seasonal
  • HOA Fees: Yes
  • Internet Provider: Visionary
  • Internet Service: Yes
  • Total Taxes Dollar: 749.88
  • Year Built: 1960
  • Foreign Owned Y N: Yes
  • Prop Description Remarks: This charming cabin in historic downtown Lake City offers a fantastic opportunity for both enjoyment and investment. With 448± square feet of living space, including one bedroom and bathroom, and a delightful covered porch for summer evenings, it's the perfect retreat. Situated in a prime location just steps away from shopping, dining, banking, the Arts Center, Museum, and town park, this cabin provides convenience and access to various amenities. The area is renowned for its outdoor activities, festivals, and live music, ensuring endless entertainment options for residents and guests. As part of the G & M Cabins Condominium Association, owners participate in a rental pool when not using the cabin personally, providing an opportunity to offset costs. Full association documents are available for potential buyers. Please note, the property is seasonal and not available for winter use.
  • Unit Suite Number: 9
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 1
  • Flooring: Tile, Carpet-Partial
  • Estimated Total Sq Ft: 448
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 1
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Internet, Phone - Cell Reception
  • Electric Supplier: Gunnison County Electric Association
  • Heating System: Electric Baseboard
  • Sewer Supplier: Town of Lake City
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Lake City

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 1.000.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: G & M Cabins Condo Association

Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12
  • High School: Lake City K-12
  • High School: Lake City K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $200,000 -4.8% $446 / Sq Ft
09/25/2024 09/25/24 For Sale $210,000 -- $469 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Similar Homes in Lake City, CO

  • 331 N Gunnison Ave Unit 8, Lake City, CO 81235

    $185,000

    • 1 Bed
    • 1 Bath
    • 476 Sq Ft
    • 331 N Gunnison Ave
    • Unit 8
    • Lake City, CO

    Nestled in the heart of historic downtown Lake City, this charming summer cabin presents a delightful opportunity for both leisure and investment. Boasting 476± square feet of cozy living space, including one bedroom and a bathroom, it offers a perfect retreat for summer relaxation. The addition of a lovely screened-in porch and outside patio provides an inviting space to enjoy warm summer

    Michael Murphy Murphy Real Estate

    Section Image
  • 331 N Gunnison Ave Unit 10, Lake City, CO 81235

    $175,000

    • 1 Bed
    • 1 Bath
    • 412 Sq Ft
    • 331 N Gunnison Ave
    • Unit 10
    • Lake City, CO

    Discover an exceptional opportunity to own a summer cabin in the heart of historic downtown Lake City, where relaxation meets investment potential. This charming cabin, boasting 412± square feet of living space, features one bedroom and one bathroom, providing a cozy retreat for those seeking a serene escape. One of the highlights of this property is its proximity to all the conveniences of

    Michael Murphy Murphy Real Estate

    Section Image

Source: Colorado Real Estate Network (CREN)

MLS Number: 818271

Colorado Real Estate Network (CREN)