7 months on rocket

928 Ocean Wave Dr, Lake City, CO, 81235

$699,000

Home List Price

$8,301*

Closing Credit

7 Full Baths, 1 Partial
Multi

Location

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928 Ocean Wave Dr, Lake City$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
HeatingElectric, Other
BasementYes
ViewMountain(s)
MLS #812223
Lot Size0.50 Acres
StatusActive

About 928 Ocean Wave Dr

Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

Property Details

Property Features

Listing Office:

  • Office Name: Murphy Real Estate
  • Listing Agent: Michael Murphy

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Linoleum, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 7

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Electric, Other

Other

Directions Information:

  • Directions: Call Listing office, must have an appointment

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
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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

928 Ocean Wave Dr vs Lake City

227 DAYS ON ROCKET

+126 Days

$699,000

+$100K More

KEY TAKEAWAY

This property is $100K more than the Median List Price in Lake City, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #812223

Listing Office:

  • Office Name: Murphy Real Estate
  • Listing Agent: Michael 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).

Real Estate listings held by companies other than this brokerage contain that company's name.

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: 11/17/2024, 7:20:51 PM 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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Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-523597
6
/10
  • Ridgway Elementary School

  • 1115 Clinton St

  • 26.06 miles

  • Public District Grades PK-5

school-card-donut-523598
8
/10
  • Telluride Intermediate School

  • 447 W Columbia Ave

  • 28.59 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. The majority of Lake City, CO residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesColoradoHinsdale CountyLake City81235928 Ocean Wave Dr

This home is located at 928 Ocean Wave Dr in Lake City, CO and zip code 81235. This home sits on a 0.50 acre lot. Features: 8 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $699,000.

Between September 2024 and October 2024, Lake City, CO real estate market has seen increase in the number of listings by 15.4%. In October 2024 median list price was $599,000 and the average listing age was 101 days.

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

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