311 Pioneer Road, Golden, CO 80403
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
311 Pioneer Road,Golden, CO 80403
$1,750,000
- 3 Beds
- 2 Baths
- 3,374 sq. ft.
- Multi-family
- Active
Listed by: nicholas melzer
Office: compass - denver
MLS#:7987160
Source:ML
Price summary
- Price:$1,750,000
- Price per sq. ft.:$518.67
About this home
Don't miss this incredible investment opportunity in the Denver foothills. This stunning 2+ acre property, within walking distance of the trails in the Golden Gate Canyon State Park, features two structures, both with significant income potential. The first, a modern, Instagram-able, 2-bed, 2-bath A-Frame, built in 2023, has been an extraordinarily successful Airbnb - with 275 nights booked in the last 12 months at an average of over $500 per night - netting nearly $120,000 over that time. The second, a newly-built 1-bed, 1.5-bath ADU has city lights views and space to spread out. Either could be owner-occupied or rented on a 30-day+ basis, and one of them can be rented on a short term basis with a Gilpin County STR permit (and without a wait if owner-occupied). Assuming steady performance from the A-Frame as an STR and using very conservative assumptions for the rental of the ADU, you could easily achieve an 8%+ cap rate at this asking price. With a sought-after style you simply won't find anywhere else, privacy, views for miles, and a location practically in the State Park that's only 30 minutes from Golden, less than an hour from central Denver, and just over an hour from DIA, this investment promises enjoyment and performance for years to come whether you're looking for a primary residence with house-hacking potential, a weekend getaway, or an income-producing asset with upside for your portfolio....
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Home facts
- Year built:2023
- Listing ID #:7987160
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Flooring:Laminate, Tile, Vinyl
- Kitchen Description:Convection Oven, Dishwasher, Disposal, Oven, Range, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Basement Description:Unfinished, Walk-Out Access
- Living area:3,374 sq. ft.
Heating and cooling
- Heating:Radiant Floor
Structure and exterior
- Roof:Composition, Metal
- Year built:2023
- Building area:3,374 sq. ft.
- Lot area:2.38 Acres
- Lot Features:Fire Mitigation, Foothills, Open Space, Rock Outcropping, Secluded
- Architectural Style:A-Frame, Bungalow
- Construction Materials:Concrete, Frame, Metal Siding, Wood Siding
- Exterior Features:Balcony, Deck, Lighting, Patio, Private Yard, Rain Gutters, Spa/Hot Tub
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Gilpin County School
- Middle school:Gilpin County School
- Elementary school:Gilpin County School
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$518.67
- Tax amount:$2,391 (2025)
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
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