1161 Ocean Wave Drive, Lake City, CO
$ 599,900
Property Attributes
  • MLS#8372480
  • TypeSingle Family
  • CountyHINSDALE
  • CityLake City
  • NeighborhoodLake City North
  • Zip81235
  • StyleChalet,Mountain Contemporary
  • Year Built1996
  • Taxes$ 1275
  • Price$ 599,900
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2314
  • Lot Size0.5 Acres
Data Source:
REColorado (MTOMLS)
Property Description

APPRAISED AUGUST 6, 2023! THIS PRICE IS JUST UNDER APPRAISED VALUE! Welcome to your own private mountain retreat located in Lake City, Colorado! This 3 bed 3 bath home is nestled on a spacious ON HALF ACRE LOT! and boasts an impressive 10-year track record as a successful vacation rental. With direct access to the Alpine Loop, it offers both tranquility and convenience. The living room, features a wall of windows that frame stunning mountain views. The interior showcases newer beetle-kill tongue and groove ceilings, creating an authentic mountain ambiance throughout. The generous dining area seamlessly transitions into the kitchen, which showcases refurbished oak cabinets, a gas stove/oven, and a pantry for added convenience. On the main level, you'll find the laundry room with a separate entrance, ideal for managing muddy boots and laundry. Recently painted rooms, doors, and door hardware give the home a fresh and updated feel. The lower level currently utilized as a bunk room/playroom, an office, and an additional living area with a full bathroom, presents endless possibilities. The connecting two-car garage is heated and includes abundant storage, a workbench, and a convenient kitchenette, effectively creating a self-contained living space. With some planning, the kitchenette could easily be integrated into the lower level living area, opening up even more long or short-term rentals opportunities. Outside, you'll discover mature Aspen and Pine trees, along with a variety of wildlife roaming the property, enhancing the natural beauty of the surroundings. The property provides ample parking for vehicles and recreational toys, including a dedicated space for an RV or trailer. Additional features include a pellet stove, tank-less propane water heater, and expanded parking areas. This turnkey home located just on the edge of the town of Lake City, just a short walk to the Country Store, bakery, shops, restaurants and the vibrant the center of town.

Elementary School Middle School High School
Lake City Elementary School Lake City Middle School Lake City High School
Price History
3/4/2023 Listed $629,900
4/29/2023 1% - $624,900
7/15/2023 1% - $619,000
8/11/2023 4% - $599,900

General Features

Appliances Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater
Architectural Style Chalet, Mountain Contemporary
Association Y/N No
Attached Garage Yes
Basement Finished
City Lake City
Construction Materials Cedar, Wood Siding
Cooling None
County Hinsdale
Directions Going South on Highway 149 towards Lake City, turn Right onto Ocean Wave Drive, just before the Country Store, Follow the road as it curves around and go .4 miles, the home will be on the left with a blu
Elementary School Lake City
Elementary School District Hinsdale County RE-1
Exclusions Some furnishings including silverware and dishware are negotiable. Misc Seller Personal Property is Excluded.
Garage Spaces 2
Heating Baseboard, Pellet Stove, Propane
High School Lake City
High School District Hinsdale County RE-1
Home Warranty Y/N No
Interior Features Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smoke Free, T&G Ceilings, Walk-In Closet(s)
Levels One
Lot Size Square Feet 21780
Middle/Junior High School Lake City
Middle/Junior School District Hinsdale County RE-1
Occupancy Description Vacant
Patio/Porch Features Deck
Percent Ownership Individual
Pets Allowed Cats OK, Dogs OK
Possession Closing/DOD
Property SubType Single Family Residence
Property Type Residential
Roof Metal
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Ocean Wave
Structure Type House
Subdivision Name Lake City North
Tax Annual Amount 1275
Tax Year 2021
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Propane
View Mountain(s)
Year Built 1996
Zoning R1

Interior Features

Above Grade Finished Area 1534
Basement (Y/N) Yes
Below Grade Finished Area 780
Fireplace Features Living Room, Pellet Stove
Flooring Carpet, Laminate, Vinyl
Full Baths 3
Furnished Y/N Negotiable
Main Level Bathrooms 2
Main Level Bedrooms 3
Street Suffix Drive
Total Baths 3
Total Bedrooms 3
Total Fireplaces 1
Window Features Window Coverings

Exterior Features

Buyer Agent Compensation 2
Buyer Agent Compensation Type %
Building Area Total 2314
Lot Features Corner Lot, Many Trees, Near Public Transit
Lot Size Acres 0.5
Lot Size Area 21780
Lot Size Units Square Feet
Parking Features Driveway-Gravel, Dry Walled, Finished, Heated Garage, Storage
Road Frontage Type Public
Road Responsibility Public Maintained Road
Total Parking 3
Vegetation Aspen, Grassed, Natural State, Partially Wooded, Pine
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81235

AVG $540K
AVG $1,117
AVG 287
Year Built
AVG 1993
AVG 23
Data Provided by Walkscore ® not using MLS data

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