7 months on rocket

120 Spruce St, Lake City, CO, 81235

$695,000

Home List Price

$8,253*

Closing Credit

5 Bedrooms
3 Full Baths
2,252 SqFt
$309/SqFt
House

Location

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120 Spruce St, Lake City$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2015
HeatingWood Stove
FireplaceFree Standing, Living Room, Woodstove
ViewMountain(s)
MLS #812143
Lot Size0.22 Acres
StatusActive

About 120 Spruce St

Escape to the beauty of Lake City, Colorado with this charming mountain home. Situated amidst some of the most picturesque landscapes in the United States, this two-story home has all of the warmth and charm you can dream of for a mountain retreat, offering a peaceful sanctuary in the heart of nature. Step inside to discover a cozy home featuring hardwood floors that flow throughout, complemented by the inviting ambiance of a wood-burning fireplace in the spacious living room. Windows flood the interior with natural light, creating a welcoming atmosphere that invites you to unwind and embrace mountain living. Designed with functionality in mind, the open floor plan seamlessly connects the living area to the kitchen, complete with stainless steel appliances, a butcher block center island perfect for casual dining, and a delightful window over the kitchen sink. Adjacent to the kitchen, a large living room offers a charming built-in bench under the window and built-in a bookcase adding a touch of character to the space. Down the hall, a flex room currently serves as a home gym, with French doors that lead to the large backyard. A comfortable-sized laundry room offers practicality with a dedicated folding counter, while multiple built-ins near the entry doors provide ample storage for all your mountain gear. There are two bedrooms and a bathroom downstairs for your family and or guests, while upstairs, a versatile loft presents endless possibilities for use as a bonus room or additional living space. The second level also includes two bedrooms, including a master suite complete with his and hers closets, a separate tub in the ensuite bath, and access to a private balcony through charming French doors. For those that are counting, there are a total of 5 bedrooms and 3 baths. Outside, the large, fenced yard offers privacy and seclusion, ideal for enjoying the great outdoors in peace. A spacious deck provides the perfect setting for outdoor gatherings, complemented by a cozy fire pit and a convenient shed for additional storage. A wrap-around porch graces the front of the house, offering a charming spot to relax and soak in the surrounding beauty. Discover the charm of Lake City's quaint downtown area, alive with shops and restaurants, while nearby attractions such as the Alpine Loop and San Cristobal Lake invite outdoor enthusiasts to explore. With great short-term rental potential (to be verified with Hinsdale County), this mountain retreat offers an exceptional opportunity for both relaxation and investment. Conveniently located just one hour from Gunnison Airport and two hours from Montrose Airport, this mountain home is a blank canvas waiting for your personal touch, promising a lifestyle of adventure and natural beauty in one of Colorado's best kept destinations.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2015
  • Stories: 2
  • Living Area: 2,252 SqFt

Listing Office:

  • Office Name: M4 Ranch Group, LLC
  • Listing Agent: Michelle Murphy

Interior Features

Interior Information:

  • Flooring Type: Carpet-Partial, Laminate, Tile
  • Interior: Wood Stove
  • Fireplace: Free Standing, Living Room, Woodstove

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Balcony, Covered Porch, Deck, Landscaping, Shed/Storage, Shed

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Wood Stove

Other

Directions Information:

  • Directions: Call M4 Ranch Group office for directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $309/SqFt
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Housing Market Comparison

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

Med. List Price

$599K

Med. Price/SqFt

$377

Avg. Days On Market

101

120 Spruce St vs Lake City

232 DAYS ON ROCKET

+131 Days

$695,000

+$96K More

$309/SqFt

-$69 Less

KEY TAKEAWAY

This property is $96K more than the Median List Price and $69/SqFt less than other homes in Lake City, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #812143

Listing Office:

  • Office Name: M4 Ranch Group, LLC
  • Listing Agent: Michelle Murphy

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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COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
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: 11/22/2024, 10:20:51 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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$3,536

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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-579902
6
/10
  • Ridgway Elementary School

  • 1115 Clinton St

  • 26.02 miles

  • Public District Grades PK-5

school-card-donut-579903
8
/10
  • Telluride Intermediate School

  • 447 W Columbia Ave

  • 27.96 miles

  • Public District Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,500. Residents of Lake City, CO typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Spruce St

What is the listing price of this property?

The listing price of 120 Spruce St property is $695,000.

What type of property is this?

The property 120 Spruce St is a house located in Lake City, Colorado, 81235.

Is this property for sale now?

Active Listing: 120 Spruce St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 120 Spruce St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 120 Spruce St is 2,252 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Spruce St is 2015.

Rocket HomesColoradoHinsdale CountyLake City81235120 Spruce St

This home is located at 120 Spruce St in Lake City, CO and zip code 81235. This 2,252 square foot home, which was built in 2015, sits on a 0.22 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $695,000.

The inventory of homes for sale in Lake City, CO between September 2024 and October 2024 increased by 15.4%. 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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