518 E Georgia Ave Gunnison, CO 81230
Estimated payment $4,568/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $437,500 | None Available | |
| Deed | $260,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $210,000 | Seller Take Back |
Source: Colorado Real Estate Network (CREN)
MLS Number: 829111
APN: R001892
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Ask me questions while you tour the home.