$825,000
$40K PRICE DROP

518 E Georgia Ave Gunnison, CO 81230

Estimated payment $4,568/month

Total Views 17,000
4 Beds
3 Baths
2,625 Sq Ft
$314 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Living Room with Fireplace
  • Victorian Architecture
  • 2-minute walk to Jorgenson Park

About This Home

Welcome to this historic Victorian gem set on a generous corner lot adjacent to the picturesque campus of Western Colorado University. Facing E. Georgia Avenue, the stately main residence showcases timeless architecture, classic proportions, and beautifully preserved woodwork throughout. The 4-bedroom Victorian home spans three levels and offers the flexibility to function as a spacious primary residence, while still reflecting its history as a well-maintained income-producing property with strong rental performance. The main home features inviting living spaces filled with natural light, high ceilings, and period details that create warmth and character. Outside, mature trees and an in-ground irrigation system enhance the landscaped yard, while an elevated deck with a finished, heated office or studio provides a private retreat separate from the home. At the rear of the property, a well-appointed duplex sits along the alley, offering additional living space with both upper and lower units. Recent exterior improvements, including new siding, windows, insulation, and roof add comfort and efficiency. With an attached one-car garage, ample off-street parking, and a highly desirable in-town location near campus, this property offers a rare combination of historic charm, versatility, and income potential. Whether you’re seeking a distinctive primary residence with supplemental income or a multi-unit investment, this unique Gunnison property delivers exceptional opportunity.

Listing Agent

Brian Cooper

Bluebird Real Estate, LLC Listed on: 10/08/2025

Co-Listing Agent

Christine Mitchell

Bluebird Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 1888

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Landscaped
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Victorian Architecture
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 3,841 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • Wood Frame Window
  • Living Room with Fireplace
  • Den with Fireplace
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison 9-12 High School

Utilities

  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Internet Available

Community Details

  • Boutcher's Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 370136407004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,910

Year Built

Built in 1888

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan
  • Estimated Total Acres: 0.24
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage, Landscaping, Deck, Lawn Sprinklers
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup
  • Legal Lot Block: LOTS 12-14, BLOCK 39, BOUTCHER'S ADDITION TO GUNNISON
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 370136407004
  • Price Per Sq Ft: 314.29
  • Property Description: Corner, Corners Marked
  • Real Estate Included: Yes
  • Residence Stories: Two Story, Three Story, Finished Attic
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Siding: Wood
  • Street Descriptionaccess: City/Town, Paved, Public, Public Winter Maintenance
  • Street Designation: Avenue
  • Tax Account Id: R001892
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Additional Living Type: ADU-Accessory Dwelling Unit
  • Internet Provider: Spectrum/Charter
  • Internet Service: Yes
  • Total Taxes Dollar: 1,910
  • Year Built: 1888
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to this historic Victorian gem set on a generous corner lot adjacent to the picturesque campus of Western Colorado University. Facing E. Georgia Avenue, the stately main residence showcases timeless architecture, classic proportions, and beautifully preserved woodwork throughout. The 4-bedroom Victorian home spans three levels and offers the flexibility to function as a spacious primary residence, while still reflecting its history as a well-maintained income-producing property with strong rental performance. The main home features inviting living spaces filled with natural light, high ceilings, and period details that create warmth and character. Outside, mature trees and an in-ground irrigation system enhance the landscaped yard, while an elevated deck with a finished, heated office or studio provides a private retreat separate from the home. At the rear of the property, a well-appointed duplex sits along the alley, offering additional living space with both upper and lower units. Recent exterior improvements, including new siding, windows, insulation, and roof add comfort and efficiency. With an attached one-car garage, ample off-street parking, and a highly desirable in-town location near campus, this property offers a rare combination of historic charm, versatility, and income potential. Whether you’re seeking a distinctive primary residence with supplemental income or a multi-unit investment, this unique Gunnison property delivers exceptional opportunity.
  • Subdv Name: Boutcher's Addition
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 192021

Interior Features

  • Dining Room: Eat-in Kitchen, Breakfast Nook
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Linoleum
  • Estimated Total Sq Ft: 2625
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Living Room, Den/Family Room
  • Foundation: Basement-below grade, Basement-unfinished
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Partial Property
  • Windows: Double Pane, Single Pane, Vinyl, Wood
  • Construction Type: Wood
  • Exterior Structures: Garage, Shed
  • Roof: Metal

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: City of Gunnison
  • Gas Supplier: Atmos Energy
  • Heating System: Hot Water Baseboard, Electric Baseboard, Boiler
  • Sewer Supplier: City of Gunnison
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Gunnison

Schools

  • High School: Gunnison 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,626 $65,700 $19,070 $46,630
2024 $3,626 $60,240 $20,810 $39,430
2023 $2,993 $56,560 $19,540 $37,020
2022 $2,908 $47,840 $10,170 $37,670
2021 $2,211 $41,840 $10,460 $31,380
2020 $1,716 $30,480 $8,790 $21,690
2019 $1,678 $30,480 $8,790 $21,690
2018 $1,788 $31,680 $6,160 $25,520
2017 $1,810 $31,680 $6,160 $25,520
2016 $2,127 $37,520 $4,310 $33,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 Price Changed $825,000 -4.6% $314 / Sq Ft
10/08/2025 10/08/25 For Sale $865,000 -- $330 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $437,500 None Available
Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $210,000 Seller Take Back
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 829111

Colorado Real Estate Network (CREN)

APN: R001892

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