Hot Property: Breckenridge Studio

May 17 2013, 1:50 PM

Town: Breckenridge
List Price: $164,700
Bedrooms: Studio
Bathrooms: One
Living Space: 427 square feet

Admittedly, this listing may not look like your fantasy mountain property at first glance—one bathroom, a Murphy bed, a kitchen, and a small table and sleeper sofa quickly fill this River Mountain Lodge first-floor condo’s 427 square feet. But the axiom is location, location, location—and 100 South Park Avenue is a coveted address in the ski town of Breckenridge. Plus, at a recently reduced price of $164,700, this dream may actually be within reach for younger working-class, Denver-dwelling mountain enthusiasts.

 

The traffic on I-70 will be the last thing on your mind as you take Breck’s Four O’Clock run home, swap your dirty ski clothes (toss them in the in-unit washer) for a swimsuit, and soothe your muscles in one of the complex’s hot tubs before cooking dinner in your full kitchen—with fresh growler of Avalanche amber ale from nearby Breckenridge Brewery. In the summer, enjoy the heated pool during the day, and then stroll to the Riverwalk Center next door to take in a concert before grabbing dinner at Twist—or use one of the common-area grills to cook out and wander over to Modis for a Prohibition-era nightcap.

Sure, it’s more crash pad than luxury vacation abode, but really—what do you need with fancy indoor space when the beauty of the Rockies, not to mention Breckenridge, beckons just outside your door? Especially if you split the condo with another couple or small family (with 20 percent down, Trulia's estimated monthly payment is just $737 a month) and/or rent it out when not in use (the front desk check-in makes the rental process easy, and the studio can gross up to $24,000 a year, with options to go through DIY sites like vrbo.com or a service like Wyndham Vacation Rentals), you could come out ahead on your usual mountain getaway spending. Use your savings to improve the slightly dated kitchen—or to get some new ski gear.

Interested parties can contact Leah Baxter, CRS, GRI, ReMax Properties of the Summit, 970-389-6367

—Images Courtesy of Leah Baxter

Follow copy chief Jessica Farmwald on Twitter at @JessicaKF.