2 months on rocket

1111 Ocean Wave Dr, Lake City, CO, 81235

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
2 Full Baths
1,888 SqFt
$317/SqFt
House

Location

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1111 Ocean Wave Dr, Lake City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1996
HeatingElectric, Wood, Baseboard, Wood Stove
CoolingCeiling Fan(s)
BasementYes
FireplaceFree Standing, Living Room, Woodstove
MLS #817831
Lot Size0.38 Acres
StatusActive

About 1111 Ocean Wave Dr

Custom rough cut D-Log home in the Lake City North Subdivision situated on 0.38+/- acres. The log cabin was originally constructed in 1996 and offers 1,888+/- sq. ft. with 3 bedrooms, 2 full baths, open kitchen/dining/living area with vaulted T&G ceilings, free standing wood burning stove on a custom moss rock hearth, electric baseboard heat, partial engineered hardwood, carpet & laminate flooring, large loft upstairs for additional sleeping space/office/den area, finished walkout basement with office/den area, and attached 1-car garage. Additional amenities include a large utility room in the walkout basement with washer/dryer, 80 gallon electric hot H2O heater, storage cupboards with sink & small refrigerator. The cabin is privately nestled among mature aspen with a walkway to the second story partially covered Evergrain deck with motorized awning, and further along the walkway a small gazebo with views of Round Top and Red Mountain. This cabin has been a tourist favorite in the short term vacation rental market in the summer season and all current 2024 rentals will need to be honored. Please note that any new owner will have to apply for a short term rental permit with the Town of Lake City as the existing permit will not transfer to a new owner. Although located in a subdivision, there is NO HOA dues or covenants. This is a great year round or seasonal residence located within walking distance to The Country Store, Lake City Bakery, Lake City Post Office and Lake City School. Seller is willing to Owner Finance to a Qualified Buyer. Please contact in advance to schedule an accompanied showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Log, Cabin, Loft
  • Year Built: 1996
  • Living Area: 1,888 SqFt

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: A. Danielle Worthen

Interior Features

Interior Information:

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet-Partial, Engineered Flooring, Laminate, Linoleum
  • Interior: Wood Stove, Window Coverings, All Furnishings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, T&G Ceilings, Garage Door Opener
  • Fireplace: Free Standing, Living Room, Woodstove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Deck, Garage, Gazebo

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.38 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wood, Baseboard, Wood Stove
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Highway 149 (Gunnison Avenue) turn west onto Ocean Wave Drive between the Lake City Bakery and The Country Store. Follow Ocean Wave Drive staying to the right. Home will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $317/SqFt
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Housing Market Comparison

See how this home compares to others in Lake City, CO.

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Lake City, CO

City

Med. List Price

$599K

Med. Price/SqFt

$377

Avg. Days On Market

101

1111 Ocean Wave Dr vs Lake City

72 DAYS ON ROCKET

-29 Days

$599,000

-$0 Less

$317/SqFt

-$61 Less

KEY TAKEAWAY

This property is $0 less than the Median List Price and $61/SqFt less than other homes in Lake City, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #817831

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: A. Danielle Worthen

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information 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. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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ALL RIGHTS RESERVED WORLDWIDE. 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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Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:50 AM 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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$3,057

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-214525
6
/10

  • Ridgway Elementary School

  • 1115 Clinton St

  • 25.89 miles

  • Public District Grades PK-5

school-card-donut-214526
8
/10

  • Telluride Intermediate School

  • 447 W Columbia Ave

  • 28.51 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,500. Typical income of Lake City, CO residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1111 Ocean Wave Dr

What is the listing price of this property?

The listing price of 1111 Ocean Wave Dr property is $599,000.

What type of property is this?

The property 1111 Ocean Wave Dr is a house located in Lake City, Colorado, 81235.

Is this property for sale now?

Active Listing: 1111 Ocean Wave Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1111 Ocean Wave Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1111 Ocean Wave Dr is 1,888 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1111 Ocean Wave Dr is 1996.

Rocket Homes›Colorado›Hinsdale County›Lake City›81235›1111 Ocean Wave Dr

This home is located at 1111 Ocean Wave Dr in Lake City, CO and zip code 81235. This 1,888 square foot home, which was built in 1996, sits on a 0.38 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $599,000.

The number of homes for sale in Lake City, CO increased by 15.4% between September 2024 and October 2024. While the average time on the market in October 2024 was 101 days, the median list price was $599,000.

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

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